HomeSponsoredThe Top 8 Coins to Buy in 2023

The Top 8 Coins to Buy in 2023

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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.

Ethereum (ETH)

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

Bitcoin (BTC)

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.

RBIS

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 (D2T)

Dash2Trade is an exciting up-and-comer expected to take the market by storm in 2023. One reason for this is its breadth of utilities, including market analytics designed to enable traders to make smarter strategies and better-informed trading choices. Users can interact with other traders and investors, and tailor their strategies in accordance with market sentiment and trends. They can also use the back-test tool to practice trades, refine strategies and analyze outcomes.

RBIS

The presale, (ending Jan 5), has raised over $10 million and once it is listed on exchanges, investors are anticipating major gains. 

Cardano (ADA)

Cardano took a hit in the bear market, seeing a significant drop in value last year, but there is a lot to recommend the coin moving forward. For a start, Cardano saw a huge surge in network usership in 2022, with a nearly 50% increase in wallet ownership and a 139% rise in the number of recorded transactions. 

RBIS

Keeping its foot on the gas, Cardano will be introducing its own stablecoin this year, and is expected to further add to its utilities with its own NFTs in 2023.

The Sandbox (SAND)

The Sandbox is among the biggest projects in the metaverse. It enables users to make games with Play-2-Earn capabilities, using their Game Maker software, buy plots of digital real-estate, earning them LAND tokens, and create items represented by the ASSET token, using their VoxEdit tool. ASSET tokens can be traded or sold inside the metaverse for SAND tokens. Constructed from 3D blocks, it visually echoes the virtual worlds of Minecraft and Roblox and the project has hugely popular brands aligned with it, including Atari, Warner Music Group, The Walking Dead, and  Snoop Dogg.

The Sandbox’s increasing popularity makes it a coin to watch in the year ahead. The price is on the rise and is forecast to +142 % by the end of 2023.

RBIS

IMPT.io (IMPT)

IMPT.io is an eco-friendly newcomer changing the game with its innovative approach to carbon credits. It connects environmentally conscious businesses with buyers who want to offset their carbon footprint. Generating a lot of buzz right now, this green blockchain initiative brings together NFT’s and carbon trading, to make carbon credit accessible to everyone.

The presale rounds were exceptionally successful, raising over $20 million. This is based on its strong future utility, which has led corporate giants including Amazon, Microsoft and Samsung, as well as thousands of other companies to get on board.  As a result, there is currently speculation that it will rise to 50 times its current price by the end of 2023.

RBIS

FightOut (FGHT)

Move-to-earn (M2E) platforms were an exciting new trend that exploded onto the crypto scene in 2022, seeing massive success despite the market downturn. A new M2E platform that is gaining a great deal of attention right now is FightOut. Instead of rewarding users for daily stepcounts, it rewards completed workouts. Platform users get customized workouts, for which they are rewarded with crypto. They can also participate in competitions and stake earned FGHT tokens to generate higher rewards.

RBIS

The initial presale round raised $2.5 million within just 48 hours and numbers are expected to soar even higher in the next round and once the coin is listed.

ArbiSmart (RBIS)

The ArbiSmart project is an interest-generating wallet and financial services hub that offers the best of both worlds, in that it has built a solid reputation and a loyal following since its launch in 2019, based on consistent, industry-high, reliable payments. Yet it is also about to innovate, with new, never-before-seen utilities.

In H1 2023, ArbiSmart is planning a massive expansion with the introduction of a cryptocurrency exchange, an NFT marketplace, and a first-of-its-kind DeFi protocol with a twist, that offers gamified yield farming services where users can boost their profits from staking through the use of ArbiSmart NFT’s that have unique characteristics within the protocol. 

RBIS

Recent analysis points to an expected 950% rise in value by the end of Q1 2023 as the new utilities are introduced, driving demand for the RBIS token.  

*This article has been paid for. The Cryptonomist did not write the article or test the platform.

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