The crypto market is always 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. Koindeks.com As you follow, major exchanges such as Binance support this burning movement. There is a possibility that LUNC will benefit from FOMO in 2023. Therefore, its price is likely to become parabolic if the bulls take over the market again.
Shiba Inu (SHIB): The best chest coin with growth fundamentals
SHIB started as a chest coin. It benefited immensely from the chest coin craze in 2021. While many chest coins exploded after the hype, SHIB became one of the most profitable cryptocurrencies. That’s not all; The basics of the Shiba Inu have become smoother. For example, Shiba Inu now has a Metaverse, a layer-2 scaling assay. Besides, he’s now deflationary. With all these factors and the chest factor to speak of, it’s possible that SHIB will perform best in 2023.
Cosmos (ATOM): Rapidly growing cryptocurrency
The fundamentals of Cosmos are very strong. It is currently close to entering the top 10 cryptocurrencies list according to the market price. 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’s a real chance that Cosmos will rally to 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 perform up to 50,000 processes per second. It’s also remarkable that Solana is getting better and smoother over time, even though there have been many network outages. The number of Dapps being built in Solana is also increasing. These flourishing fundamentals make Solana a cryptocurrency with the potential to rise 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 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 appealing is its relevance to 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 valuable NFTs.
Phantom (FTM): Very low process prices
The potential is mainly due to its attractiveness over other blockchain platforms that rely on many legacy technologies. For example, compared to Ethereum, Phantom charges significantly lower prices. It also provides much faster process speeds. This is an ideal choice for anyone who needs their processes processed quickly and wants to avoid costly prices.
Hedera Hashgraph (HBAR): More tech than blockchain
Hedera Hashgraph is unique and innovative. It stands out from many other new cryptocurrencies. Unlike many traditional blockchains that rely heavily on PoW mining, Hedera Hashgraph uses a directed acyclic graph (DAG) protocol to achieve faster process speeds as more processes are completed.
Ankr (ANKR): Interoperability attracts attention
You probably haven’t heard of Ankr (ANKR) now. However, it is 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 only provide standard infrastructure for these applications; instead, it focuses on providing developers with resources such as modules, docs, and APIs that make it easy to build robust and powerful dApps.
Avalanche (AVAX): A credible Ethereum competitor
Avalanche is a powerful new network emerging as a major 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 trusted and trusted network.
Dogecoin (DOGE): Has a strong community
Dogecoin remains a recognized cryptocurrency for 2023, even with newer and extravagant cryptocurrencies. There are several sufficient 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).
Koindeks.com This article, which we have prepared, is not strictly trade or investment advice. Definitely do your own research before buying or investing in a random cryptocurrency.