kronos (CRO)
Like many cryptocurrencies, Cronos, the native token of the Crypto.com platform, has experienced a significant loss in value. As of this writing, Cronos trades at just above $0.05. However, this downturn could present an ideal opportunity to enter at a low price.
With ambitions to integrate with e-wallets and decentralized apps (dApps), Cronos has considerable scalability potential, making it an interesting option to monitor.
Eter (ETH)
Ethereum is another altcoin that could gain even greater prominence in the near future. Although ETH can be more volatile than Bitcoin, it’s important to note that Ethereum’s transition to proof-of-stake through The Merge has reduced its energy consumption.
This could open doors for more businesses to build on the Ethereum platform, and potentially, Ethereum might surpass Bitcoin in terms of market capitalization—a scenario often referred to as ‘the flippening’.
Novac BNB-a
BNB could be considered one of the quieter achievers in the crypto world. It has performed remarkably well, even outpacing Bitcoin and Ethereum in price performance. The main factor driving interest in BNB is its scalability.
Currently, BNB can handle up to 1,000 transactions per second (TPS), with an upcoming upgrade that could boost this to 5,000 TPS. This scalability gives BNB significant potential for growth in the future.
Poligon (MATIC)
Polygon’s blockchain has proven its capacity by processing more than 7,000 transactions per second. Its native token, MATIC, is also compatible with Ethereum wallets, offering great flexibility.
Polygon has attracted positive attention due to its partnerships with major corporations like Coca-Cola and Disney. These collaborations may provide stability for investors in Q1 2023.
Lijevo (LIJEVO)
Solana has faced challenges in recent months, largely due to its ties to Sam Bankman-Fried and the FTX/Alameda situation. However, Solana boasts strong technical features such as smart contract capabilities, proof-of-history transactions, low fees, and high-speed operations.
Despite its recent struggles, Solana’s network has sound technical fundamentals, and many believe it has the potential for a strong recovery, making it one to watch in 2023.
ApeCoin (APE)
ApeCoin is associated with the booming digital gaming and entertainment industries, making it well-positioned for future growth. Additionally, ApeCoin’s involvement in the metaverse further enhances its prospects.
Based on the ERC-20 framework, ApeCoin has strong scalability. With its current low value, APE could be a cost-effective investment for those with a medium-term outlook.
Litecoin (LTC)
Litecoin presents a strong case for 2023, especially with its unique halving events occurring every four years. The next halving will take place in August 2023, and historically, these events have triggered significant price increases.
In comparison to its peers, Litecoin has remained relatively resilient, signaling that it may be viewed as a safe haven by investors. It will be interesting to see how it performs in 2023.
Dogecoin (DOGE)
Despite its well-known volatility, Dogecoin has made impressive gains in recent weeks. Some speculate that Dogecoin may eventually surpass Bitcoin in both performance and popularity.
A rumored collaboration between Elon Musk and Vitalik Buterin has fueled speculation that they may promote DOGE in 2023. Furthermore, Musk may introduce a payment system on Twitter that accepts Dogecoin. If these developments materialize, DOGE’s price could soar in Q1.
Helij (HNT)
Helium (HNT) has gained attention due to its transparency and security features, powered by its proof-of-coverage (POC) algorithm. As Helium prepares to halve the total supply of tokens in August 2023, its price could rise, making it a promising crypto for the year ahead.
BFG token (BFG)
The BetFury platform’s BFG token is another altcoin to watch in 2023. The token’s connection to online gaming, coupled with the ability to mine it through gaming activities, positions BFG well for future growth. Additionally, Certik, a leading blockchain security firm, has vetted BFG, enhancing its credibility.
As BetFury’s user base continues to expand, BFG’s value is likely to grow, making it a solid investment for 2023.
Final Misli
Kao i kod svake investicije, there are no guarantees when it comes to these altcoins. To stay informed, make sure to follow the latest crypto news from CryptoChipy and conduct thorough research before making any investment decisions.
Overall, 2023 promises to be a dynamic year as investors begin positioning themselves for the anticipated bull runs in 2024 and 2025. Smaller market fluctuations and mini-bear markets throughout the year, similar to 2019, could precede the Bitcoin halving event in spring 2024.
Izjava o odricanju od odgovornosti: Crypto is highly volatile and not suitable for everyone. Never invest money that you cannot afford to lose. The information on this site is for educational purposes only and should not be considered as financial or investment advice.
