Top 5 Cryptocurrencies That Can Turn $10 To $100 In 2023 - Our Picks
Here’s a rundown of some of the top cryptocurrencies that can turn $10 to $100 in 2023. A detailed review of each project is available in the next section.
Cardano - One of the best Proof-of-Stake blockchains with high growth potential.
Polkadot - The most popular interoperability-focused blockchain network.
Decentraland - A dominant player in the Web 3.0 sphere with 10x return potential.
The Sandbox - One of the significant crypto in the virtual reality gaming industry with strong backing.
Shiba Inu - The most popular meme crypto to invest in for double returns.
Closer Look At The Top Cryptos That Can Turn $10 To $100 In 2023
From being a niche digital asset to experiencing widespread adoption across verticals, cryptocurrencies have significantly transformed their position within the market. Although numerous investors choose to invest in cryptos with long-term returns, we have compiled a list of the top 5 cryptos that can turn $10 to $100 in 2023. Let’s take a closer look at these tokens by reviewing the network's price history, key features, growth, and fundamentals.
Cardano (ADA)
Cardano deploys smart contracts to support the creation of numerous decentralized applications (dApps) and decentralized finance (DeFi) protocols in the network. Thanks to its advanced technology, crypto has become the most popular blockchain among developers.
ADA has provided users with huge returns since its inception, and analysts predict that the crypto has the potential to turn $10 to $100 in 2023. Thanks to the network’s fundamental value and robust features, analysts believe that Cardano will record a stellar performance in the next bull run. A key catalyst for the growing excitement in the Cardano community is the release of the Hydra update, a Layer-2 system. It aims to scale the wider network by reducing latency and boosting the throughput, or transactions per second.
DappRadar, the Lithuania-based dApp store, announced its ardent support for ADA. Its ability to track over 10,000 dApps across 30 protocols would be highly beneficial for Cardano.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Polkadot (DOT)
With the increasing number of DeFi and NFT-driven apps, blockchain interoperability is becoming a major concern for developers. Interoperability is not a strong suit for several altcoins except for cryptos like Polkadot, which aim to make their mark in the sphere. The network strives to be synonymous with future-proof interoperability. Polkadot was custom-made to support the development of Web 3.0 and its vision. It is a bundle of interconnected blockchain networks that can reach out and connect itself to new partner blockchains over time.
The team behind Polkadot states that “Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created.”
Forecasts predict that DOT would see continued growth over the next several years, thanks to multiple projects running on it, including several DeFi applications. DOT has the potential to turn $10 to $100 in 2023 with the expansion of the Polkadot DeFi sector.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Decentraland (MANA)
Decentraland strives to bring the cutting-edge technology of Virtual reality to the frontiers of blockchain. The proposed goal of the project is to build a metaverse that forms the base for a trading and gaming sphere.
The increased adoption of the platform by high-profile institutions is one of the biggest reasons to invest in MANA. Apart from the gaming environment, Decentraland has built a marketplace where users can access build scenes and sell their products for real-world value.
Since it is a nascent, but fast-growing space, the crypto has plenty of room for growth and MANA has the potential to turn your $10 to $100 in 2023. Today artists are creating galleries and selling their NFTs, and artwork virtually, and brands are setting up virtual real estate shops on the Decentraland metaverse.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Sandbox (SAND)
The Sandbox launched as a mobile gaming platform and evolved to be a play-to-earn blockchain version, allowing users to create their own avatars to access the diverse hubs, environments, and games on the crypto-driven metaverse. Connected players can build and monetize their individual experiences in Sandbox’s virtual world.
The crypto has already garnered the attention of several high-profile partners like Atari, Snoop Dogg, and Adidas, giving it an edge over its rivals. It also has investments from an array of impressive names like Kingsway Capital, Galaxy Interactive, and Polygon Studios, offering the crypto strong backing.
SAND is one of the top cryptos that can turn your $10 to $100 as its play-to-earn gaming model has rocked the online gaming industry, attracting several gamers and developers who have already started to switch to this GameFi project.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu (SHIB)
Ever since SHIB, the penny meme token, named after a Japanese dog breed, entered the crypto scene, it has grown at an astounding rate. The interest from investors, crypto enthusiasts, and billionaires are also worth mentioning.
SHIB has the potential to offer double returns over the years as the creators have already started to build their own metaverse called “Oshiverse” and are trying to expand their reach to decentralized gaming and NFTs.
The crypto’s focus on burning tokens has started attracting renewed interest among investors. Shiba Inu also has a couple of high-profile additions to its ecosystem, like Shibarium, which is the much-anticipated layer-2 solution that will slash gas fees.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
Cryptocurrencies have indeed marked their place as one of the most lucrative sectors within the market. If you are looking for cryptos with high return potential, these are the top 5 cryptos to add to your investment portfolio to turn your $100 to $100 in 2023.
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