After the tumultuous year the crypto market faced in 2022, it is likely that you are looking for a way to get your crypto investments in the green in 2023. Whether you want to invest in stable tokens like Ethereum (ETH) or market newcomers like Big Eyes Coin (BIG), what is essential is making sure your investments are being done with confidence- which this article is here to provide.
In this article, we will go over 3 cryptocurrencies that we believe have potential this year, and that you should not overlook in 2023. These are Big Eyes Coin, Ethereum, and Polkadot (DOT).
Last year was a massive year for Ethereum- most notably, due to the launch of The Merge.
The Merge saw the Ethereum blockchain shift from the Proof-of-Work to the Proof-of-Stake validation system. This was done, in part, in order to increase the scalability of the Ethereum blockchain but to also help reduce energy waste made by the system: according to Ethereum's own estimates, their energy consumption has been reduced by 99%.
This new and improved Ethereum blockchain will have the chance to spread its wings in 2023, to prove what the hype was all about. And in that, could Ethereum's value soar?
2023 is also expected to be the year in which crypto use expands, as the technology becomes more available, more accessible, and more widely understood. This will mean that technology that encourages accessibility within the crypto economy, in order to hold the weight of new users and encourage a smooth user experience will likely see a boom in interest and adoption.
Polkadot provides such technology thanks to its Layer 0 Metaprotocol. This metaprotocol can be integrated into a blockchain as a way to connect to other blockchains, creating a multichain network that lets assets be transferred between blockchains with ease.
One of the most exciting presale meme tokens currently on the market is Big Eyes Coin. This cat-themed meme token has already shown its market potential with the $18 Million the project has already raised, however, there is a multitude of other aspects of the project that are set to give it market longevity.
Most obviously, the rebellious nature of this token gives it immediate appeal to meme token investors who have become tired of the market's saturation of dog-themed meme tokens. This gives the token great leverage over other meme tokens, which could see it rapidly climb the meme token charts.
Also of note is the token's charity work, which will drive investment from environmentally-focused crypto users wanting to elevate the impact the project can have. Having already donated to charities like Orca Network and Sea Shepherds, Big Eyes Coins' goal is to save the oceans through their charity work, with 5% of BIG tokens set aside for donation.
This token is still in presale, meaning now is the time to buy to best maximise your chances of making a profit at launch. Big Eyes Coin is also giving users access to a once-in-a-lifetime code, which will never be launched again. Use code LAUNCHBIGEYES200, and get a 200% token bonus allocated to you at launch!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.