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We’ve got an exciting year ahead in 2023, with many veteran projects adding utilities and going in interesting new directions, while innovative up-and-comers are bringing fresh energy and ideas to the market.
This article will list a mix of new and more established coins, in no particular order, that offer a great investment opportunity in 2023.
While Ethereum struggled in 2022, losing much of its value from the previous year, its fortunes are looking up in 2023. One reason for this is the expected introduction of sharding in the year ahead. This is a database partitioning method for increasing scalability that allows for a greater number of transactions per second to be executed, which is likely to drive more projects to the network. In addition, Ethereum plans to unlock staked ETH along with the accrued rewards in Q1 of this year, further driving the popularity of the token.
As a result, some even believe that ETH, the number two in market cap, may achieve what previously seemed impossible and take the top spot in 2023
With a market cap exceeding $323 billion, the OG coin, Bitcoin is still the king of crypto. While the price fell by around 50% in 2022, it is still up 12,300% since April 2013. This is in large part because there is a limited supply of just 21 million Bitcoins that can ever be mined, which, over time, should support a higher price as demand rises.
Also, many believe that the inevitable regulatory clarity that will come in the wake of the FTX scandal will make Bitcoin, as the crypto market leader, an attractive investment for institutional investors in 2023.
Dash2Trade is an exciting up-and-comer expected to take
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