Top 5 Cryptocurrencies That Will Pump 100X Faster Than Bitcoin In 2023 - Our Picks
Here’s a glimpse of the top 5 cryptos that will pump 100X faster than Bitcoin in 2023. Continue reading to find a detailed description of each coin.
Binance Coin - One of the best crypto with tremendous growth potential.
Polygon - The top blockchain network that boasts best-in-class technology.
Cardano - The top sustainable crypto that could pump 100x faster than BTC.
Dogecoin - The most popular meme coin that can double your returns over the long run.
Ripple - Invest in the future of cross-border payments.
A Closer Look At The Top 5 Cryptocurrencies That Will Pump 100X Faster Than Bitcoin In 2023
The demand for cryptocurrencies is showing no signs of ebbing, which goes a long way in showing the attention commanded by the crypto space. Despite their volatility, cryptocurrencies offer significant returns, making them an extremely popular investment. However, with the sheer number of cryptocurrencies in the market, the problem of plenty is real, and which crypto you should invest in always remains a persistent question. Let’s look at five of the best cryptocurrencies to invest in 2023.
Binance coin (BNB)
Binance Coin (BNB) is the cryptocurrency used by the world’s largest crypto exchange, Binance, and trades with the BNB symbol. Initially launched on the Ethereum blockchain, BNB has become the native coin of the Binance chain. The future of BNB is closely tied to the Binance exchange. Currently, the Binance exchange is the world’s largest cryptocurrency exchange platform, and with the exchange’s dominant position in the market, the future of Binance Coin looks bright, which could see prices pump significantly in 2023. BNB Coin is definitely one of the top 5 cryptocurrencies to invest in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Polygon (MATIC)
Polygon’s native MATIC cryptocurrency was launched two years after the network went live through an IEO (Initial Exchange Offering). Recently, Polygon introduced a hard fork similar to that of Ethereum’s EIP-1559. The upgrade allowed users to estimate gas fees more accurately and also made the MATIC token deflationary by introducing a burn mechanism. The burning mechanism is designed to make MATIC more scarce, thereby increasing the token’s value. As such, MATIC is poised to be one of the most in-demand cryptocurrencies, which could see its value pump 100x in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Cardano (ADA)
Cardano describes itself as a third-generation blockchain platform, giving users the best of first and second-generation protocols such as bitcoin and Ethereum. The platform’s native token, ADA, has performed exceptionally well over the past couple of years, with a growing interest from developers fueling the platform’s growth. The successful implementation of the Vasil hard fork was one of the most critical events in the crypto space. Vasil brought several new improvements to Cardano, including faster block times and transaction speeds.
Cardano is firmly positioned to become the Ethereum killer, with experts and developers bullish on the platform and its native token’s prospects in 2023, making it an ideal option to invest in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ripple (XRP)
Ripple is a blockchain-based digital payment network and protocol that features its own native cryptocurrency, XRP. Ripple serves as a payment settlement and remittance system, functioning similarly to the SWIFT system used internationally by banks for money transfers. The XRP cryptocurrency works as an intermediate medium of exchange between two cryptocurrencies. The Ripple protocol operates as an open-source, decentralized platform, enabling the seamless transfer of value, whether dollars, yen, or crypto, such as BTC.
Ripple’s XRP acts as a bridge currency to other currencies, simplifying any currency exchange. Ripple’s consensus protocol, the RPCA (Ripple Protocol Consensus Algorithm), allows the platform to process transactions in mere seconds with minimal costs and energy consumption. The protocol can process around 1500 transactions per second, making it extremely environmentally friendly. With the lawsuit filed by the SEC against Ripple potentially ending in 2023, Ripple could emerge as a viable payment system for the world markets, making XRP a good investment in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Dogecoin (DOGE)
Dogecoin has been performing exceptionally well since its inception in 2013. Originally created as a hilarious take on the state of the crypto market, the cryptocurrency has developed a dedicated following around it. The cryptocurrency has received backing from prominent individuals, including the likes of Elon Musk, helping Dogecoin cement its position as one of the leading cryptocurrencies in the market.
With Musk backing the cryptocurrency, a number of businesses, including Tesla, have started accepting the asset as a mode of payment, bringing further utility to the token. As more and more businesses begin adopting Dogecoin as a mode of payment, we could see more investors jump in, potentially driving up the asset’s value in the near future. In fact, Dogecoin has seen a recent spike in investor numbers, gaining nearly a million new holders over the past three months. While the token’s price has yet to reflect this increase, the Dogecoin community still holds a fairly bullish outlook toward the price of the token. Experts, too, believe that the token could rally again in 2023, making it one of the best assets to invest in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
While the cryptocurrency market is highly volatile, it is also one of the best investments you can make to double your returns. The assets we have listed above are among the best cryptocurrencies to invest in and could pump 100x faster than Bitcoin in 2023.
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