Diversification is a key strategy for investors seeking to manage risk and optimize their returns in the cryptocurrency market. In this article, we'll consider three top cryptocurrencies that can help diversify your portfolio effectively in 2023: Shiba Inu (SHIB), Solana (SOL), and the up-and-coming Pomerdoge (POMD).
Shiba Inu (SHIB) began as a meme coin to challenge Dogecoin but has now grown to become one of the most popular cryptos. With the recent expansion by adding utility to the network, the project hopes to promote its adoption even further.
Following the successful launch of Shibarium in August and the intensification of the Shiba Inu burn, the team will shift its focus to other products for the network. The DEX ShibaSwap, Shiboshi, and the Oshiverse Shiba Inu metaverse are among these products and services.
With these upcoming products, crypto experts have ranked the Shiba Inu coin as one of the best cryptos to hold in 2023. Now trading at $0.000007056, crypto experts have predicted that the price of Shiba Inu will rally above $0.00001500.
Solana (SOL) is a smart contract renowned for being quick, scalable, and low-cost. Initially designed to compete with Ethereum and smart contract chains, the Solana network failed to dominate due to the difficulties of its blockchain.
However, things are looking well for the Solana blockchain project as it begins to settle. Since the beginning of the year, the project has received the third-biggest funding from institutional investors, trailing only Bitcoin and Ethereum. The price of Solana has also been a top performer.
Crypto experts have suggested that if the funding continues, the project will continue to evolve with a possible SOL price rally. The Solana price which currently trades at $17.90, is expected to reach $30 this year.
The play-to-earn (P2E) gaming space is one of the fastest developing in the crypto space, projected to hit $67 billion by 2027. In this sector, crypto experts have hand-picked Pomerdoge (POMD) as the ecosystem with the winning model in P2E gaming.
The new Pomerdoge fuses the gaming ecosystem with elements of the meme coin space. The avatars and playable characters in the Pomerdoge gaming ecosystem are unique and inspired by meme coins. In addition, the project has partnered with top brands like Amazon Web Service, Trust Wallet, Cloud Flare, and Uniswap.
As a unique project in the P2E space, crypto experts have predicted that it holds the potential to dominate the blockchain P2E gaming sector in the future, making it a great addition to the portfolio of every crypto investor.
The Pomerdoge token, POMD, is also greatly priced – currently selling at $0.014 per token. With the potential Pomerdoge shows, crypto experts have predicted that POMD could rally to highs of over $0.5 before the end of the year.
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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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.