Cryptocurrencies To Be Next Crypto King In 2023

cryptocurrencies

Despite all the market fluctuations, cryptocurrency keeps evolving and revolving. With many companies now accepting cryptocurrency as a mode of payments, the demand for digital currencies is over the moon. People have started accepting digital wallets and realized the importance of digital currencies. No surprise, crypto has gained recognition all over the world. This year so far has been full of ups and mostly downs for the investors. Yet, investments have not gone on hold. This article discusses the top 5 cryptocurrencies we expect to be on top of the charts in 2023.

FLOW

Flow is considered the future base for games, digital assets and applications. Its blockchain is very user-friendly and decentralized. Moreover, it has got the backing of some top entertainment companies. NBA, UFC, Warner Music and Ubisoft have created a diverse Flow ecosystem. Analysts are amazed by the future potential of Flow. All in all, it will be exciting to see how Flow performs in 2023.

DOGECOIN

Dogecoin came into the crypto market as the first ever meme coin. Initially, it was created just for fun but soon gained immense popularity. Fintech influencer Elon Musk often tweets in support of this coin which raises its value significantly. Thus, the support of Musk is the biggest reason Dogecoin is expected to be amongst the best performing cryptocurrencies in 2023. 

SOLANA

A highly acclaimed open source project that uses blockchain’s permission less nature to provide Defi (Decentralized Finance) solutions. Initial work on Solana began in 2017. However, it was launched in 2020 at headquarters in Geneva, Switzerland. With a circulating supply of 319,790,577 SOL coins, this cryptocurrency has the potential to be on top of the charts in 2023.

CARDANO

Founded back in 2017, Cardano has shown extreme potential in the crypto market. A blockchain that works similar to Ethereum, it is the first to be developed through evidence-based methods. Although it has not been in its groove yet, we can expect a Cardano surprise in 2023.

 

SHIBA INU

Created by an anonymous creator, Ryoshi, Shiba Inu is on a positive trend. Initially, it was designed to mock Dogecoin, but soon, it got its traction. Dogecoin and Shiba Inu are among the top 20 cryptocurrencies by market capitalization.  

 

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