Top 3 Cryptocurrency Projects To Invest In 2023
In this guide, we will explore the top 3 cryptocurrencies to invest in 2023. Based on their past performance and future potential, they will make you rich
Despite the painful downturn of the crypto market, and the great risk that comes with the volatility of digital currencies, cryptocurrencies are here to stay and are a viable investment option. When looking at the best coins to buy, it is important to target those with the potential for large growth and big revenue gains.
So we have compiled the 3 best cryptocurrencies with potential in 2023. However, investors should remember to do their own research before committing any capital and only invest as much as they are willing to lose.
1. Big Eyes (BIG)
Newly launched to the crypto space, Big Eyes Coin (BIG) features big-eyed cats. This meme cryptocurrency aims to revolutionize blockchain technology and the blockchain industry at large. Big Eyes Coin (BIG) is supported by the Ethereum blockchain which will help Big Eyes Coin as a crypto project.
Big Eyes Coin will also be available to purchase through Uniswap (UNI), a popular crypto exchange. It is still in its presale, which means early investors might get the lion’s share of the profits if they get in early.
Big Eyes Coin hitting high figures stirred positive reactions on the internet. Many enthusiasts in its community are betting on a massive future for the ecosystem and cryptocurrency. The Big Eyes Coin (BIG) ecosystem is an anti-rug ecosystem whose contract is secure and fully audited by Solidity Finance.
One of these great features of the coin is the Big Eyes Sushi Crew. The Big Eyes Sushi Crew is a decentralized club for non-fungible token (NFT) holders who like to do fun things, hold cute NFTs, and eat fish-related foods.
To preserve the value of the BIG token, the Big Eyes Coin (BIG) ecosystem intends to create an initial liquidity pool locked in for 2 years. A special “no buy tax, no sell tax” policy will also be implemented within the ecosystem.
According to the Big Eyes Coin’s (BIG) tokenomics contained in the Big Eyes Coin’s whitepaper, 80% of the total supply of 200 billion tokens will be available at the Big Eyes Coin (BIG) launch. 5% of the total supply will also be allocated to the Big Eyes Coin’s (BIG) charity wallet.
2. PolkaDot (DOT)
PolkaDot, like many post-Bitcoin cryptocurrencies, is both a token that can be bought or sold via exchanges like Coinbase and a decentralized protocol. PolkaDot allows unrelated blockchains to securely talk to each other, so that value or data can flow between, say, the Ethereum and Bitcoin blockchains without any intermediary.
The PolkaDot token (DOT) serves two main functions within the PolkaDot network: it’s a governance token, which allows holders to have a say in the future of the protocol, and it’s used for staking, which is the way the Polkadot network verifies transactions and issues new DOT. Unlike most other cryptocurrencies, DOT isn’t limited in supply.
PolkaDot is down significantly from its all-time high of $55, a high that fell short of what investors expected from PolkaDot in 2021. The underperformance combined with the new low price makes PolkaDot an interesting crypto to watch because it might enter a wild price discovery mode when the market kicks back into action.
The PolkaDot network can process more than 1,000 transactions per second, compared to about 7 for Bitcoin and 30 for Ethereum. As the network grows and more parachains are added, Polkadot should get even faster, with speeds that could hit a million transactions per second.
PolkaDot is currently one of the leading staking platforms, offering estimated rewards of over 13% per annum with over $20 billion in staked value. It has a market cap of over $30 billion, and over 50% of eligible tokens staked.
3. Orbeon Protocol (ORBN)
Orbeon Protocol is a platform that brings together both potential crowdfunders, venture capitalists and blockchain investors. This platform, which heralds itself, perhaps rather modestly in comparison to the massive self-generated hype we see all too often in the world of crypto, as “one of the first crypto crowdfunding platforms”.
It works by allowing crypto holders to purchase non-fungible tokens (NFTs), which represent parts of a particular business. In return for doing so, they can invest in the organisations represented. If a company does not reach its stated goals within a particular timeframe, investors get their money back.
Orbeon Protocol has its own eponymous token, also known by its ticker handle of ORBN. This crypto can be staked in return for rewards and it can also be used to get money off transaction fees on the platform. ORBN also allows people to vote on changes to the platform, meaning it could be described as a governance token.
Both the orbeon protocol cryptocurrency and the Orbeon Protocol network are based on the Ethereum (ETH) blockchain, meaning that the orbeon protocol cryptocurrency is a token, rather than a coin. The Orbeon Protocol was founded by three Ukrainian nationals, CEO Lyobomyr Koval, chief operating officer (COO) Andrii Korchun, and chief marketing officer (CMO) Anna Dubyna.
The total supply is 888,000,000 tokens and each one is currently valued at $0.0144. But this isn’t expected to last long. Market experts originally predicted a price pump of at least 6000% to $0.24. That’s a staggering 60x return from ORBN’s starting price of $0.004. Since then, ORBN has already seen a 260% price increase, raising it to $0.014.
2023 looks like another great year to make some smart investments in cryptocurrency. Investing in cryptocurrencies can reap big rewards if you get in at the right time and make the right choice. However, don’t forget about the risks involved.
Crypto investors should think more about the options available to them before making any crypto investment choice.
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