The year 2023 was a favorable year for the cryptocurrency market. Digital coins began to rise in value. In such a situation, traders and investors started investing in crypto assets again.
However, the question arises: which cryptocurrency will skyrocket in price? Investing in a promising asset can bring very good money. Some users prefer to invest in ETH, which has shown impressive growth over the past few weeks. But you should not bet on just one favorite, as other altcoins can also show good growth.
Cryptocurrencies that may grow following Ethereum
Some digital coins from this group are expected to start growing stronger than Biktoin. The season of altcoins is coming. But how to choose the most promising ones?
Here are four new projects that have every chance of success in 2023:
- AiDoge – a platform for creating original memes with the possibility of earning money.
- Ecoterra – an eco-project with a mission to build an efficient waste recycling system.
- DeeLance – a project of a modern decentralized freelance platform with fair conditions.
AIDODGE
The power of community and meme culture is one of the defining features of trending cryptocurrencies. This is the main reason why Dogecoin and Shiba Inu prices are rising and why many people initially join the crypto industry. In this regard, the new meme token AIDOGE can expect the same success.
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However, this coin offers more use cases and is the only currency that can be used to access the innovative platform. AIDOGE is the first crypto project that integrates artificial intelligence (AI) technology to create topical memes. These are generated based on text prompts from the user and can reflect recent events and crypto trends.
When it comes to community-oriented projects, the most important feature is the method of remuneration. On AIDOGE, you can earn coins and credits through staking, as well as by voting for the best meme.
New cryptocurrencies often get off to a great start, but after a couple months the price starts to decline as the token has no real use. However, AiDoge compares favorably to its competitors in this regard, as the Ai coin is required for users to access the meme creation tool. In other words, any demand for the use of AI generates revenue for the project, helping to sustain the ecosystem.
You can purchase the coin at a minimum cost of $0.00002600 during the current presale. The token will soon rise in price to $0.00002640.
Pros of the project:
- The platform has a “Meme Feed” where users can find new pictures.
- The AiDoge project uses smart contract auditing to ensure the security of the platform and its token.
- The limited supply (1 trillion) reduces selling pressure and could make Ai one of the best coins at the 2023 pre-sale.
Ecoterra
Picking up promising cryptocurrencies, Ecoterra is worth considering. This is an ecological project designed for a wide audience. It will be of interest to waste processors, manufacturers and buyers, as well as eco-activists.
Users will be able to earn on activities aimed at improving the environment, such as collecting waste for recycling, participating in “green” events, buying environmentally friendly products. Participants’ actions are recorded on the platform and result in digital coins.
Companies that reduce carbon emissions receive compensation. The ecological trend continues to be in trend, which will positively affect the prospects of the coin.
Project benefits:
- Targeting recycling companies, sellers and buyers of eco-friendly goods.
- Opportunity to earn money from recycling.
- Compensation for reducing harmful emissions to companies.
DeeLance
Many companies and entrepreneurs prefer to hire remote employees to perform some tasks. Freelancers also willingly work with such customers. Due to this, the demand for such platforms is increasing.
The DeeLance project realizes the idea of bringing freelance services to the cryptocurrency market. Users will be able to use the project’s coin of the same name for settlements. At the same time, the technology of smart contracts ensures the security of transactions.
Tokens are limited to 1 billion. Most of the coins will be used for presale, the rest will be needed for listing and operating costs. The cryptocurrency can be used to pay for services, advertisements and perform transactions in the marketplace.
The DeeLance presale, where, by the way, the project’s cryptocurrency can be bought right now at a favorable price, has already raised more than $550 thousand, and this amount is constantly growing.
Advantages of DeeLance:
- Combining freelancing and cryptocurrency technologies.
- Reliable transactions between employers and performers.
- Convenient interaction and effective joint work of customers and performers on the platform.
What prerequisites are there for the growth of cryptocurrencies in 2023?
There are several prerequisites for the growth of digital currencies in 2023, including:
- The end of the cryptozyme.
- The crisis of the U.S. banking system.
- Bitcoin growth.
- Increased interest in cryptocurrencies.
The cryptocurrency market is characterized by cyclicality. During the “winter” period, all digital assets decrease in value. Some coins can grow even in such conditions, but this happens contrary to the general trend. When the cryptozyme ends, the value of coins rises again.
The crisis of a number of American banks has increased people’s disillusionment with the traditional financial system. This became a motive for them to look for alternative ways to invest, and some chose to start investing in cryptocurrency.
Bitcoin is setting the tone for the market. It rose in value in 2023, which led to an increase in the value of other coins, including Etherium. Experts note that some altcoins start to grow later. There is a favorable environment for investing in such projects.
All these factors have led to activation in the cryptocurrency market. Many investors are eager to invest profitably in order to make the most of the growth of digital currencies.
Skeptics believe that there are no grounds for such optimism, and the rise of altcoins should not be expected. It is too early to talk about a change of trend, as the current growth is mainly influenced by other factors.
Ending
The season of altcoins is expected to come, when other coins will have to grow after Efirium. Now there are natural prerequisites for this. Many analysts are confident in the growth of digital currencies.
Users are left to choose promising assets and include them in their portfolio. To do this, you need to analyze the available cryptocurrencies. It is recommended to pay attention to the market leaders, as well as not to overlook promising newcomers.
It is important that the project offers in-demand technologies and stands out against the background of competitors. Such cryptocurrencies attract a large number of users and often skyrocket in value.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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