With the growing adoption of crypto-currencies around the world, many new investors are wondering which crypto-currencies could see significant growth in the near future. This article offers five major cryptomonies that could explode during 2023.
Blockchain technology has become one of the best ways for businesses, governments and individuals to conduct secure transactions.
The blockchain has paved the way for a new form of digital currency: cryptocurrencies.
Cryptocurrencies are a great way to store and transfer funds. After a year of “Bear Market” due mainly to a tricky macroeconomic situation, many crypto-currencies are now at very attractive prices.
This post aims to describe the top five promising cryptocurrencies that could see explosive growth in the coming years.
This post is not intended as investment advice. If you choose to buy assets, only invest what you are willing to lose.
Cosmos is an ecosystem of interconnected independent blockchains and decentralized applications aimed at building a decentralized future, the Internet of blockchains. The main blockchain being Cosmos Hub.
Cosmos SDK is a development kit that facilitates the creation of secure blockchains while the ATOM token is the native cryptocurrency of the Cosmos Hub blockchain.
The September 2022 update to Cosmos 2.0 brought new enhancements to the Cosmos ecosystem for easier and more efficient use.
Buying ATOM can be interesting for those who want to support this ambitious project and the benefits it brings to the Internet of blockchains.
The ATOM token is the native cryptocurrency of the Cosmos Hub blockchain and plays a crucial role in the Cosmos ecosystem.
It allows you to participate in the validation of transactions on the network, to vote for governance decisions and to reward validators who maintain the security of the network.
In addition, users can use ATOM to make fund transfers and payments between different blockchains connected to Cosmos.
A good place to buy ATOM ?
ATOM currently trades at a value of $15 per token. Assuming that ATOM’s price reaches its ATH (All Time High), this would mean a growth of about 220%.
If we believe in the strength of the project, we are currently in a good area to invest in DCA (Dollar Cost Average).
The price points to watch for on ATOM are as follows :
Downward (in dollars)
Upward (in dollars)
Fetch.ai is an open source platform that allows developers to use artificial intelligence and blockchain to create decentralized applications.
The idea behind the project is to create an autonomous environment that can connect people, organizations, devices and services via a single network supported by AI and machine learning.
With this innovative combination of different technologies, Fetch.ai offers tools and solutions for various use cases and to improve different industries.
The topic of Artificial Intelligences has largely been put back on the agenda with the release of GPT-3 technologies, notably ChatGPT from Open.AI.
Fetch.ai’s inherent value is derived from its native multi-use token, FET. The promising FET cryptocurrency acts as the primary means of payment on the network and is used to activate and reward tokens in staking, and thus validate all transactions on the network.
There are currently 1,043,462,805 FETs outstanding, with a limited supply making it a rare asset.
Investors may be interested in purchasing FET now because of its unique use in various sectors, its innovative technology and its use as a means of payment on the network.
After experiencing strong demand in recent weeks, FET is currently trading at $0.45. Assuming the price reaches its ATH, this would represent a 185% increase from that level.
While it is often not advisable to buy an asset that has just experienced a sharp rise, it is generally recommended to take advantage of downward price corrections to buy.
One strategy to better manage risk remains the Dollar Cost Average (DCA).
The price tiers to watch on FET are as follows :
Downward (in dollars)
Upward (in dollars)
Chainlink is an oracle based on the Ethereum blockchain. It aims to solve one of the biggest problems preventing the mass adoption of decentralized applications (DApps): their inability to interact with data outside the blockchain.
Chainlink has developed a platform of blockchain oracles that act as bridges to connect on-chain and off-chain data.
It connects decentralized applications (DApps) to real-world data using its decentralized network of oracles. Oracles allow data to be uploaded to the blockchain, enabling smart contracts to interact with the outside world.
LINK tokens are used to pay node operators for their services when delivering data from external sources. It is used to reward users for staking their LINK tokens.
Chainlink (LINK) is showing considerable interest as the most promising cryptocurrencies.
Not only does it have the ideal combination of a project with the right technology behind it, but it also has enough resources for future development. It also has an excellent community.
To date, the project has received numerous awards and has been recognized by the World Economic Forum as a technology pioneer in 2020.
⚠️ This article is published for informational purposes and should not be considered as investment advice. Crypto-currency trading involves risk and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and shall not be held liable, directly or indirectly, for any damage or loss caused as a result of using any goods or services highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
Passionate about trading and cryptocurrencies, I discovered Bitcoin and Blockchain technology in 2017. Since then, I've been on a mission to make the world of investing and the Web3 accessible to as many people as possible.
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Before deciding to trade in financial instruments or crypto-currencies, you should be fully informed of the risks and fees associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and tolerance for risk, and seek professional advice if necessary.