Wish to secure a wealthy future? Here are the top 5 cryptos to buy before 2023.
Despite the ups and downs in the market, cryptocurrencies have proven to be a promising investment over the years. Digital currency is now considered a viable solution to hyperinflation. Today millions of investors have joined the community hoping to luck upon the next big thing. Therefore we have listed the top 5 cryptocurrencies you should buy before 2023 to get rich.
Binance Coin (BNB)
Thanks to the growth of the Binance exchange, BNB is one of the best cryptos for long-term growth and profitable returns.
Binance Coin is a cryptocurrency that powers the entire Binance ecosystem. The crypto has expanded far beyond merely facilitating trades to being used for booking travel arrangements or buying goods from stores that accept BNB as a payment method.
The increasing activity and unprecedented growth of the Binance exchange is one key reason for the rise of the BNB token. Currently, the network includes Binance Chain, Binance Launchpad, Research projects, Binance Academy, and Trust Wallet. By leveraging blockchain technology, the ecosystem aims to create a new age of finance.
The stablecoin offering from the Binance ecosystem, the BinanceUSD, has also significantly increased its market cap after the crash. Yet another reason that makes BNB one of the top 5 cryptocurrencies to buy before 2023 to get rich is the team’s announcement that it would be accepting migration, offering support to projects from the Terra ecosystem. They also added that BNB would be interested in supporting developers and projects from the Terra ecosystem.
Cardano (ADA)
Cardano has proven to be one of the most active digital assets, making ADA the best crypto to buy to get rich.
Cardano is known to be the first peer-reviewed decentralized blockchain protocol that employs a research-based scientific approach. The aim was to create a blockchain platform to process more transactions at a lower cost. The team also ensured that users’ data was highly secured by combining distributed ledger technology and smart contract infrastructure.
There are several reasons why ADA is one of the top cryptos to buy before 2023 to get rich. To start with, there is a Metaverse project and a DEX built on top of the Cardano blockchain. BashoSwap is a decentralized exchange built on the Cardano network. The DEX was created to facilitate swaps between ADA and other crypto assets built on the same network. The Cardano-powered Metaverse, ‘Pavia,’ has also announced details about its upcoming updates, driving ADA’s popularity in the market.
Secondly, Cardano has garnered the interest of several high-profile celebrities like Snoop Dogg, who uses it for his NFTs. Finally, the upcoming Vasil upgrade will enhance the network’s scaling capabilities, boosting the network’s adoption. This is why we recommend buying ADA before 2023 to get rich.
Polygon (MATIC)
Consistent adoption and network growth have made MATIC one of the top cryptos to buy for long-term returns.
MATIC, the cryptocurrency that powers the Polygon network, has been on a gaining spree lately, and investors are wondering whether to buy this crypto before 2023. Polygon had one of the biggest blockchain success stories in 2021. As the crypto market is getting back to its bull run, it is all set to begin its tremendous rally this year. Therefore, let’s dig deeper into why MATIC is one of the top 5 cryptos to buy before 2023 to get rich.
The continuous adoption by influential mainstream companies has been exposing Polygon to a large pool of potential users. Adding to this, the company has also marked significant partnerships with popular companies like Coca-Cola, which released an array of NFT collections on the network.
The Polygon ecosystem is rapidly growing and includes projects from a wide range of sectors, including DeFi, NFTs, and the metaverse. The latest addition to the list of projects is RociFi, a permissionless credit protocol, and WOO, the network’s multi-chain decentralized exchange.
Among other things, MATIC’s long-term outlook remains positive, thanks to a substantial increase in platforms that provide liquid staking for MATIC tokens, ensuring staking rewards for MATIC HODLers.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Solana (SOL)
Investors have now realized the Solana blockchain's potential, driving the network’s adoption rate.
Thanks to SOL’s consistent rally, the Solana blockchain has proven to be one of the top cryptos to buy to get rich. A few years after its inception, Solana has taken the entire DeFi space by storm. After a major setback due to the recent market crash, SOL has again started garnering investors’ attention. Major crypto exchanges like Coinbase Global have started trading for a few Solana-based tokens. Another reason to buy Solana before 2023 is the recent collaboration with Krafton, the developer behind the widely popular PUBG Series, to create blockchain and NFT games.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Avalanche (AVAX)
AVAX is one of the fastest-growing cryptocurrencies adding to the reasons to buy Avalanche before 2023.
Avalanche hails itself as a blazingly fast, low-cost, and eco-friendly blockchain that aims to address the issues related to Ethereum’s scalability. The network can process over 4500 transactions per second, which makes it suitable for several developers who are quickly launching new DeFi solutions on the Avax C-Chain.
Moreover, its growing ecosystem of products could help AVAX develop new value and use cases for its consumers, leveraging the power of cross-chain technology. In the future, the Avalanche Rush incentive program would bring more blue-chip DeFi applications to the blockchain, driving its adoption and demand.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
As cryptocurrencies continue to grow, investors have a pool of options to choose the best cryptos from. For long-term investors, these are the top 5 cryptocurrencies to buy before 2023 to get rich. However, always begin your investment journey with due diligence and through research.
Read More:
The 5 Best Ways To Buy Binance Coin (BNB)
The 5 Best Ways to Buy Cardano (ADA)
The 5 Best Ways To Buy Avalanche (AVAX)
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Best Long-Term Crypto Investments
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