Top 10 cryptocurrencies 2023
If you’re looking to invest in cryptocurrency, you need to know about the top 10 cryptocurrencies that will explode in 2023. This list includes the most promising projects at the forefront of this new technology revolution. The market has been volatile over the last few years, but it’s clear that there are some winners out there and some losers as well. We’ve also included details about each project so you can decide whether they’re worth investing in!
Uniswap is our top pick for coins with massive potential to grow in 2023.
UNI is a decentralized exchange protocol built on top of Ethereum. It is an open-source project that allows anyone to develop their exchange.
The amazing Uniswap exchange supports atomic swaps, which means you can trade tokens without a third party or intermediary taking any cut. This makes it incredibly efficient and cost-effective for users who need to swap one token for another quickly and cheaply and provides anonymity when using the platform.
Uniswap is incredibly fast and easy to use. It supports both on-chain and off-chain swaps, which means you can choose how you want to trade your tokens. If you make an on-chain swap, send your funds directly from one wallet to another without intermediaries. This makes it highly secure as there is no risk of fraudulent transactions or stolen funds as they are held in escrow until the exchange is complete.
Polygon (formerly known as Matic) is a blockchain-based platform that aims to create a decentralized digital content ecosystem. The project will be used as the primary payment method for digital content and services, which will then be monetized through advertising or subscription services.
This token will also reward users who create original content, curate existing content from other platforms like YouTube or Twitch and share it with their friends via social media channels or messaging apps.
Polygon is an open-source protocol that allows anyone to create their own DApp on any protocol of their choice (e.g., Ethereum). This means you can use Polygon as your base layer for building decentralized applications without having to learn how blockchains work first!
Polygon can be considered as the “NFT” blockchain, and with as popular as NFTs are getting, we feel it will soon soar sky-high in the crypto-verse.
Litecoin is a digital currency that enables instant payments to anyone in the world, and that can be efficiently mined with consumer-grade hardware.
Litecoin is an open-source, global payment network that is fully decentralized without any central authorities.
It features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.
With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Overall, Litecoin’s price has been quite volatile, but we believe as the market stabilizes this year, so too will Litecoin, making it our #3 most-watched coin of 2023!
Bitcoin is the world’s most popular cryptocurrency, with over 23 million users worldwide. It was created in 2009 by an unknown person or group of people under the name Satoshi Nakamoto. The currency was designed to be decentralized, meaning that there was no central authority controlling its creation or operation. Bitcoin is a digital currency with no physical form and exists only as a string of numbers on your computer screen (or smartphone).
Bitcoin has been praised for its stability and security over time, but it has also suffered from theft from hackers who have stolen millions worth of bitcoins from exchanges around the world.
The popularity of bitcoin has led many businesses to accept it as payment, including Overstock.com, Microsoft, and Virgin Galactic.
Bitcoin has taken a rather remarkable dive since its all-time high (ATH) over the past couple of years. Making it a great entry price point to hop on the Bitcoin rollercoaster. We don’t think Bitcoin is going anywhere besides climbing back up in the charts. As more people adapt to digital currency, we feel that BTC will rise along with it, which will, in turn, raise the rest of the market that follows bitcoin.
In 2023, Polkadot will be one of the most popular cryptocurrencies by market cap, and it will only get bigger.
Polkadot is a blockchain platform that allows for the creation of a heterogeneous multi-chain ecosystem. It was developed by Gavin Wood, known as “Woody” in the cryptocurrency world because he’s been involved with some pretty big projects over the years (such as Ethereum). Polkadot has the potential to be one of the top 10 cryptocurrencies by market cap in 2023 if they’re able to deliver on their roadmap goals.
We encourage all of our readers to research further into this cryptocurrency as its set to reach the moon and beyond.
Ethereum Classic (ETC) is a cryptocurrency used to pay for transactions on the Ethereum Classic blockchain. It was created after the hard fork in July 2016, when developers decided to stick with the original blockchain rather than move on to a new one.
ETC is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality that can be used as a base layer or decentralized application (dapp). We feel the rise of this cryptocurrency this year is imminent, making it our #6 top choice of 2023!
To learn more in-depth details about Ethereum Classic, you can read our article on Ethereum Classic Here. We will of course, include resource links below to follow as well.
- BNB is a utility token that can be used to pay trading fees on Binance.
- It’s also used to vote for new coins to be added to the exchange.
- As Binance and the BSC blockchain grow, so will the value of BNB. This makes BNB our #7 choice to hold onto in the year 2023.
- For a more in-depth detailed analysis of the Binance Blockchain, you can view our Binance 101 Guide here.
Binance (BNB) Will likely become very valuable in the near future as the BSC blockchain grows further in popularity and use cases. We will be monitoring BNB with a close eye this year and the next coming decade!
Cardano is a fully decentralized smart contract platform with its own native cryptocurrency called ADA. ADA is the first digital coin to be based on scientific philosophy and built on peer-reviewed academic research. The Cardano network acts as a decentralized virtual machine that can execute smart contracts using the ADA cryptocurrency, which can be used for any purpose, from payments to financial services, medical records management, and more.
Cardano was launched after three years of development and research. Its goal was to create an open-source blockchain with the same features as Bitcoin. With great improvements, including faster transaction speeds (up to 100x faster), and more scalability features such as support for multiple types of Dapps (decentralized apps) running simultaneously on one network node without compromising security or decentralization goals.
Cardano is a great investment opportunity as the growth potential has yet to reach its ATH. As for now, we will be keeping ADA on our top 10 cryptocurrencies list for 2023!
DigiByte is a public, rapidly growing, and highly decentralized blockchain. DigiByte was developed in January 2014 and introduced the world’s first MultiAlgo mining protocol. Mining DigiBytes uses secure and sustainable energy sources such as hydroelectricity or geothermal power plants, which can be mined by anyone anywhere around the globe without additional batteries or other expensive equipment.
The Digibyte network currently has more than 100 000+ users on their platform, with over 500 000 daily transactions from users across all continents! On top of that, we have seen an increase in adoption rates since 2017 when it was launched on exchanges such as Binance Coinbase Poloniex Kraken Bitfinex etc..
Digibyte is a sleeping giant, but we firmly believe that it’ll wake up and grab a cup of crypto coffee this year for its trip to the moon. This wonderful coin has earned its spot in our top 10 cryptocurrencies.
Solana is a blockchain platform that aims to provide a secure, scalable, and cost-effective solution for decentralized apps (DApps) and smart contracts. It uses a proof of time (PoT) algorithm that leverages the advantages of PoW and PoS, but also solves their shortcomings.
Solana’s consensus algorithm is designed to increase throughput without increasing the amount of time it takes to produce a block. The project has also been endorsed by some reputable companies and individuals in the space, including Alameda Research and Andreessen Horowitz.
The value of SOL has been fluctuating along with the rest of the crypto-market, but we believe it will recover and reach “The Moon,” so to speak, in 2023, making this our final choice for our top 10 cryptocurrencies list!
These cryptocurrencies will have a big impact on the market in 2023. They are significantly all very different in their strengths and weaknesses, but each has significant potential to impact the future. 2023 is shaping up to be one active year for cryptocurrency around the globe and we are excited to see what happens! We hope you enjoyed reading about our picks for the best cryptocurrencies of 2023, and may they inspire you to get involved with crypto today and be a part of our bright future tomorrow!