Top 5 Cryptocurrencies Worth Investing For 100x Gains By The End Of 2023

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Last Updated October 28th 2022
6 Min Read

Top 5 Cryptocurrencies Worth Investing For 100x Gains By The End Of 2023 - Our Picks

Looking to invest in crypto with massive gains? Here are 5 cryptocurrencies worth investing in for 100x gains.

Binance Coin -The coin that outshined two of the biggest cryptos 

Bitcoin - One of the best P2P decentralized crypto 

Dogecoin - The memecoin with a strong community 

Polygon - An efficient alternative crypto for Ethereum users 

Solana - The first-ever blockchain to implement PoH  

 

A Closer Look At The 5 Cryptocurrencies Worth Investing in for 100x gains. 

Binance Coin (BNB)

Binance Coin, or BNB, is the digital currency of the Binance exchange. The platform allows investors and traders to trade and pay fees using BNB. Initially, the coin operated on the ERC-20 standard within the Ethereum blockchain, but BNB is now known as the platform's native token.

Since its humble launch in 2017, the coin has achieved much over the years. Despite the cryptocurrency winter of 2018, BNB showed remarkable resilience within the altcoin market. Fast forward to 2022, the coin still creates massive interest among crypto enthusiasts. Just last year alone, it roughly gained around 1,344%, which was much higher than Ethereum or Bitcoin.

BNB’s future largely depends on the expansion of the Binance Exchange platform. And looking at the current scenario of the platform, the coin’s future seems quite positive, which can potentially lead to new highs.

Hence, many crypto analysts predict BNBs price to cross the $600 mark by 2023, making it one of the 5 best cryptocurrencies worth investing in for 100x gains by the end of 2023.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Bitcoin (BTC) 

At its core, Bitcoin is a P2P crypto that delights itself as the largest crypto (by market cap) in the current crypto market. And the platform is further gaining momentum, thanks to its immutability fixed supply.

Bitcoin is completely decentralized. It doesn’t rely on any organization or individual for its value. Plus, with only a supply of 21 million Bitcoins in circulation compared to easily inflatable fiat currencies at the will of governments and central banks, it’s pretty clear that Bitcoin represents a new era of monetary freedom.

Essentially, Bitcoin makes a good investment as projected from its price, despite the high volatility risk, which causes concerns to some investors. However, this volatility is anticipated to decrease gradually as governments and institutions enter the market.

Currently, the crypto’s cash supply is rounded off at 21 million coins. This also reduces the mining rate by about 50% every four years, indicating that the tokens in circulation keep decreasing as well. This marks Bitcoin as one of the top contenders among the 5 best cryptocurrencies worth investing in for 100x gains by the end of 2023.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Dogecoin (DOGE) 

Initially marketed as a parody crypto, Dogecoin is the only crypto to have tremendously outgrown the founders' original idea. The crypto has now become one of the top 20 cryptocurrencies and has carved a strong community among investors. 

Over the years, the community grew so much that it even gained the interest of tech mogul Elon Musk in 2020. This interest substantially catapulted its unprecedented rally. Since its 2013 launch, Dogecoin has developed into one of the most prominent crypto markets on the whole cryptocurrency scene. 

Dogecoin was the fourth-most famous currency when it achieved its all-time peak of about $0.70 in the midst of 2021. This was when the market’s stock prices were skyrocketing. Although prices are down now, investors believe it to be the opportunity to buy the dip and stock up on one of the top 5 cryptocurrencies worth investing in for 100x gain by the end of 2023.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polygon (MATIC)

Polygon, a protocol & framework, is used by customers to link and build Ethereum-suitable blockchain networks. To aid in the multi-chain Ethereum environment, this substructure classifies viable Ethereum solutions.

The MATIC token is a native Ethereum token that is used to govern the Polygon network. To enable a swift and more affordable Ethereum payment transfer, Polygon offers the easy use of the Layer-2 sidechain, a cryptocurrency that synchronizes with the Ethereum main chain.

The rise in customers due to active wallets is one of the factors influencing the price of MATIC. Since all the payments on Ethereum platforms are usually prone to hefty gas costs, The Polygon network can be an alternative option for Ethereum users.

Polygon established its variety of the Ethereum Hard Fork, which would make the prices more predictable, subsequently creating MATIC disinflation in burning assets, thus, ultimately boosting the overall value of the token.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Solana (SOL)

Solana was among the first blockchains to implement a proof-of-history (PoH) heuristic, which enables it to function rapidly while remaining stable and decentralized, contrasting the several other well-known blockchains that operate with the use of proof-of-work (PoW) or proof-of-stake (PoS) methodologies. 

Anatoly Yakovenko, the veteran software engineer of Qualcomm (QCOMM), and Greg Fitzgerald, a coworker, created Solana to create a comprehensive platform that opened a new, high-performance, permissionless blockchain.

Solana includes several loan techniques, DeFi initiatives, NFT exchanges, Web3 applications, and decentralized market (DEX) resources. It also features Phantom, a Solana wallet designed for DeFi and NFTs. 

Despite being only a couple of years old, SOL has picked up massive momentum and gained value incredibly. Yet, it still has room to grow, making now the best time to invest to earn sizable returns in 2023 and beyond.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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