Investors are now positively looking ahead to 2023 with renewed confidence after a dramatic year of losses. The crypto industry is slowly recovering, and several new and established cryptos are ready to soar to new levels.
Bitcoin dominated the crypto market earlier, taking up almost 70% of its market value. But today, there are hundreds of new and innovative crypto projects with the potential to generate profitable returns in the long run. These are the top 5 fastest-growing cryptos that will change the game in 2023.
Ocean Protocol (OCEAN)
With projects like Ocean protocol, the artificial intelligence (AI) and data sectors of the crypto industry have dramatically erupted in 2023. This protocol aims to unlock the value of data and offers individuals and businesses an efficient way to share and monetize their data. It is an Ethereum-based blockchain that helps users create, exchange, trade, and monetize data. The main motive is to allow users to share their data while maintaining complete control over the access and usage of the data.
It is one of the fastest-growing cryptos that has the power to change the game in 2023, as the demand for data will continue to grow, especially in the AI sector. The adoption of blockchain technology in data management is also increasingly becoming lucrative, positioning OCEAN to rise to new highs. If the crypto continues to capture the growing demand for data privacy, then there is no stopping it, making OCEAN a good buy now.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
PLC Ultima (PLCU)
PLC Ultima serves as a bridge between financial institutions and cryptocurrencies. The crypto helps users save on transaction fees processed within minutes by employing a unique encryption protocol called CryptoNight. PLCU boasts a wide ecosystem with numerous sets of products like mobile applications (Ultima Wallet, Ultima Farm), a crowdfunding platform called Platin Hero, and an aim to launch a crypto exchange shortly.
PLCU was designed for mass use. The value of the crypto is also highly dependent on the efforts of the network developers and community investors. Also, this unique and innovative crypto is eventually predicted to become one of the most significant cryptos in the market after Bitcoin. PLCU is one of the fastest-growing cryptos that will change the game in 2023, as it has seen a dramatic rise in price from $0.10 in December 2021 to $221.24, as of now. However, the consistent balance between the demand and supply of the coin is one reason for the steady growth of PLCU coins.
The crypto has a wide range of use cases and a strong technological infrastructure, making PLCU the fastest-growing crypto to buy in 2023. The proposed goal of crypto is to provide open access to financial instruments and make crypto a universal means of payment, to improve the standard of living for all despite their location, level of education, or experience.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Fetch AI (FET)
Fetch.ai is one of the fastest-growing innovative crypto projects that connect internet of things devices and algorithms for collective learning. By leveraging blockchain technology and autonomous software agents, it creates a digital representation of the real world.
FET has a unique architecture as it is designed in a high throughput shared ledger. It delivers smart contract capability that can deploy machine learning or artificial intelligence solutions and helps in decentralized problem-solving.
The crypto aims to address the everyday problems of companies that use ML and AI by using intelligent data sharing and artificial intelligence technology. It also enhances efficiency through the optimization of existing systems. FET thus has a wide range of use cases across verticals and has the potential to change the game in 2023.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Solana (SOL)
Solana, the fastest blockchain network in the market, is also the fastest-growing crypto that will change the game in 2023. The crypto has a growing ecosystem with thousands of projects spanning DeFi, NFTs, Web 3.0, and many more. Thanks to its unique Proof-of-History (PoH) technology, SOL is a lightning-fast crypto with a transaction speed of up to 50,000 per second, low congestion, and fees. The network has also attracted the interest of hundreds of institutions due to its blazing-fast processing times.
Solana has experienced several obstacles, ranging from network outages to major price losses over the years, but the team managed to weather the storm efficiently. This is why SOL is one of the best cryptos to buy in 2023, as investors believe that it has the potential to rise in an accelerated manner, making up for the losses incurred.
The team has also announced a detailed and optimistic update on some major areas of growth that investors can expect to see in the coming years. It lays out Solana’s plans in areas ranging from gaming to DeFi. Solana is looking to regain its old glory with the launch of projects like Saga mobile, aiming to change the game in 2023.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
SuperRare (RARE)
SuperRare is a unique crypto project that uses crypto-collectibles for participants to create, trade, or own digital artworks. The platform provides artists and creatives a space to develop single edition arts, along with enjoying, interacting, and collecting unique culture through the SuperRare marketplace.
RARE is also a premier non-fungible token (NFT) platform that came into the limelight, collecting over $90m worth of digital art and $3m in artist royalties. It is one of the fastest-growing crypto and the only NFT marketplace token traded on a large cryptocurrency exchange such as Binance.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
These are the top 5 fastest-growing cryptos that will change the game in 2023. These cryptos have a diverse range of use cases across verticals and are poised to generate potential gains in the long run for investors.
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