The crypto market is constantly changing and evolving, with new and exciting cryptocurrencies being released regularly. Many factors affect the success or failure of these projects. It is clear that the relative youth of the crypto market is to their advantage. Analysts chose Ankr and 10 altcoins that can be bought in 2023, explaining why.
LUNC, SOL, SHIB, ANKR and more
Terra Classic (LUNC): Has a strong community
Terra has endured tough times. It has a strong and united community. That’s why it stands out from the crowd. One thing that stands out for LUNC right now is that it’s now deflationary. Every time someone sends a LUNC, some of them light up. cryptocoin.com As you follow, major exchanges like Binance support this burning action. There is a possibility that LUNC will benefit from FOMO in 2023. Therefore, its price is likely to become parabolic if the bulls recapture the market.
Shiba Inu (SHIB): The best meme coin with growth fundamentals
SHIB started as a meme coin. He benefited immensely from the meme coin craze in 2021. While many meme coins exploded in the wake of the hype, SHIB has become one of the most profitable cryptocurrencies. That’s not all; The basics of the Shiba Inu just got better. For example, Shiba Inu now has a Metaverse, a layer-2 scaling solution. Also, it’s now deflationary. When it comes to all these factors and the breast factor, SHIB is likely to top perform in 2023.
Cosmos (ATOM): Fast-growing cryptocurrency
The fundamentals of Cosmos are very strong. It is currently close to entering the top 10 cryptocurrencies list by market cap. What makes Cosmos stand out is its use of interconnected Blockchains. This use case is central to a potential Web 3.0 takeoff. So, there is a possibility that Cosmos will assemble towards 2023.
Solana (SOL): Has a growing ecosystem
Solana is unique because it is one of the most scalable Ethereum competitors on the market today. It is possible to process up to 50,000 transactions per second. It’s also notable that Solana is getting better and better over time, although there have been many network outages. The number of Dapps being built in Solana is also increasing. These improving fundamentals make Solana a coin with the potential to increase in value in 2023.
Theta Token (THETA): Has a strong use case
Theta is a relatively new entry into the cryptocurrency market. Unlike other digital currencies, Theta aims to completely change how video streaming is done online. Theta decentralizes the process, allowing anyone with an internet connection to host and stream content via peer-to-peer technology. This makes it more efficient and cost-effective than centralized video platforms like YouTube, which take a large percentage of profits instead of paying creators fairly for their work.
ApeCoin (APE): The newest NFT coin to take the market by storm
What makes this digital asset so attractive is its association with the Bored Ape Yacht Club (BAYC) collection. The collection hit the market in early 2022. It was quickly recognized by its attractive price tag. Currently one of the most expensive NFTs.
Phantom (FTM): Very low transaction fees
The potential is mainly due to its attractiveness over other blockchain platforms, many of which rely on legacy technology. For example, compared to Ethereum, Fantom charges significantly lower fees. It also provides much faster transaction speeds. This is an ideal choice for anyone who needs immediate processing of their transactions and wants to avoid costly fees.
Hedera Hashgraph (HBAR): Has better technology than blockchain
Hedera Hashgraph is unique and innovative. It stands out from many other new cryptocurrencies. Unlike most traditional blockchains that rely heavily on PoW mining, Hedera Hashgraph uses a directed acyclic graph (DAG) protocol to achieve faster transaction speeds as more transactions are completed.
Ankr (ANKR): Interoperability attracts attention
You probably haven’t heard of Ankr (ANKR) yet. But still a good choice to invest in 2023. Ankr is a platform that provides a variety of tools to support different types of dApps, including finance and digital assets. Unlike existing Blockchain networks, Ankr does not just provide standard infrastructure for these applications; instead, it focuses on providing developers with resources such as modules, documentation, and APIs that make it easy to build robust and effective dApps.
Avalanche (AVAX): A reliable Ethereum competitor
Avalanche is a powerful new network emerging as a serious competitor to Ethereum. The platform continues to evolve with its faster and more scalable architecture. It also attracts those who want to build decentralized applications (dApps) on a secure and reliable network.
Dogecoin (DOGE): Has a strong community
Dogecoin remains a popular cryptocurrency for 2023, even with newer and extravagant cryptocurrencies. There are several good reasons for this. To begin with, this cryptocurrency has long been associated with the name ‘meme coin’. The nickname refers to the fact that DOGE is strongly supported by the online community (especially on social media platforms like Twitter and Facebook).
cryptocoin.com This article that we have prepared is definitely not trade or investment advice. Make sure to do your own research before buying or investing in any cryptocurrency.
