Will Crypto Rise Again In 2023?
Today, in this world, there are over 12,000+ cryptocurrencies. There was a time when there was no concept of digital or cryptocurrencies, and today the world has digitalized everything, including finances. Cryptocurrencies were once just a dream that turned into reality almost a decade ago. In 2009, the very first cryptocurrency was launched, named Bitcoin. This is where the journey of cryptocurrencies started, and today the growth it is showing is phenomenal. The number of cryptocurrencies doubled from 2021 to 2022 and now 2023.know more about the wealth matrix by clicking here: http://the-wealthmatrix.com/
The year 2022 has been a tough year for all digital and cryptocurrencies, including Bitcoin. The biggest cryptocurrency of the year, Bitcoin, fell massively and lost nearly 65% of its market value. Crypto enthusiasts were affected badly as Terra Luna also crashed, and other exchanges and platforms also did not do well last year.
In 2022, the crypto marketplace lost around 1.4 trillion dollars in value, along with the industry going through liquidity issues. The fall of FTX was the cherry on top of the ongoing conditions of the crypto market.
Will Crypto Surge Or Crash This Year?
The crypto community is divided about whether the cryptocurrency price will surge or crash this year. Bitcoin, there are mixed opinions from crypto critics and enthusiasts. Most crypto analysts have predicted that Bitcoin’s price will bottom between $12,000 and $16,000 in the coming times.
On the other hand, influencers and Bitcoin investors are chanting that the Bitcoin token price will skyrocket to $80,000 and more. Both situations can be true and possibly happen. It is expected that these cryptocurrencies may drop now but will potentially surge in mid to late 2023.
To purchase or trade crypto assets, use authentic and reliable bitcoin trading software to benefit you in the future.
Some Of The Top Cryptocurrencies To Explode This Year
This list is based on multiple factors, from pricing to future potential and mass appeal. Below is a list of the best cryptocurrencies to invest in now.
MEMAG is Meta Masters Guild (MEMAG). If we talk about the overall best crypto to invest in today, it is MEMAG. This crypto asset has just started its presale campaign, and it would not be wrong to say that it has already created waves all around the globe.
Its project objectives are quite promising as it plans to revolutionize that play-to-earn gaming space concept through its blockchain-based ecosystem. Its trademarked crypto token will power this all.
But why invest in MEMAG? Its outstanding selling point wins the market. It offers decentralized games that will bring you real-world rewards.
The play-and-earn concept ensures that the primary focus is still the enjoyment and entertainment of the players. This makes sure that the players are not accessing games just for the sake of earning money but also to enjoy the games.
Another important selling point of MEMAG is, players will own all the in-game assets. This will be tested and stored on the blockchain of Ethereum for complete safety and transparency. Moreover, MEMAG’s presale accepts ETH and USDT.
The next best cryptocurrency to purchase currently is Fight Out. This innovative project also aims to bring crypto and blockchain to fitness and exercise places. This idea is known as move-to-earn and is predicted to grow hugely in the upcoming years.
As the idea is move-to-earn, it suggests that the users will be earning rewards for just moving. For example, if a person has completed the target steps for the day through walking, jogging or even running, they will be earning money throughout their movement. This includes everything from strength and cardio to muscular durability.
In addition, Fight Out is building its metaverse that allows users from around the globe to earn while staying fit.
For long-term investment, Bitcoin is the one you can always trust. Bitcoin is known for offering the highest returns and providing you with the best gains. Bitcoin is indeed the de-facto cryptocurrency that owns the largest market capitalization.
Since its launch, Bitcoin has ruled the crypto market more than any other cryptocurrency. So if you are planning to invest in cryptocurrency, it might become your best financial decision of the year.
Ethereum is one of the best options to invest your money in because it has a solid, smart contract platform and is the home of decentralized applications. Ethereum has been the second-largest cryptocurrency project and has retained its position in the market till now.