Since 2023 is just around the corner, here are some of the cryptocurrencies you should keep an eye out for.
Dip your hands into Ethereum, ApeCoin, and more
2022 is going down in crypto history after all the major events that took place this year. This year left inedible impacts such as the fall and crash of several major crypto institutions and assets. However, there is much to look out for with the coming of a new year.
Ethereum (ETH), the second-largest of all cryptocurrencies is a good choice. You can never go wrong with owning it due to its value and performance year in and year out.
Moreover, Ethereum’s network underwent a major upgrade enabling the transition to a Proof-of-Stake consensus mechanism. Previously, it was using a Proof-of-Work mechanism. The new process will make it more efficient and scalable.
ApeCoin (APE) is a popular meme coin with the potential of seeing more growth in 2023. Launched by Yuga Labs, ApeCoin is a utility and governance token for the APE ecosystem. The ecosystem includes major NFT collections such as the Mutant Ape Yacht and Bored Ape Yacht Clubs.
More on cryptocurrencies to buy in 2023
Big Eyes Coin (BIG) is a new meme coin project holding the potential to go viral in 2023. It is currently on presale, providing a perfect opportunity for those looking at a low-risk and high-reward opportunity. It is underpriced and may replicate the success previously seen in Shiba Inu (SHIB) and Dogecoin (DOGE).
Decentraland (MANA), a metaverse-focused crypto serving as a utility token in the virtual network is another one to watch out for. While it suffered losses like several others, it holds the opportunity of growing back. MANA took a hit after several Metaverse tokens slid down. However, as Metaverse solutions improve, this cryptocurrency may shine through.
The narratives for Polygon (MATIC) are shaping up as Ethereum layer-2 is one of the most promising assets in the market. The network has helped in the creation of Ethereum and other EVM blockchains. Hence, is more scalable and preferred for its zero gas fee. Moreover, in recent days Polygon, has been in partnerships with various web2 brands and introducing mass adoption.