There is a growing interest in the crypto market as investors seek the next altcoin that will soar in price in 2023. Since the beginning of the year, Bitcoin has provided marginal gains to its investors, leading many to believe that other altcoins are undervalued and present a lucrative earning opportunity.
For this reason, crypto investors are on the hunt for altcoins below $1 in the market, so they can enjoy impressive gains as this year unfolds. Many have set their eyes on Dogecoin, the pioneer meme coin, to provide such profits. But can Dogecoin give the needed benefits investors crave?
This guide provides an expert analysis of the future of Dogecoin. Fascinatingly, there are five fantastic penny cryptos that are top on the portfolios of many investors right now, and they are sure to hit $1 before the year runs out. They include Love Hate Inu, DeeLance, Metropoly, EcoTerra, and RobotEra. Read on to find out more about these projects in this post.
Dogecoin (DOGE) never shies away from media attention since its inception in the crypto market. Despite its lack of use case and near-infinite DOGE supply, Dogecoin has attained the rank of the top ten cryptos by market capitalization. Its past bullish runs resulted from celebrity hype, especially from Elon Musk, the CEO of Tesla and Twitter.
There was a slowed momentum in Dogecoin in the first quarter of 2023, raising fear and doubt among its investors. In a surprising twist, Elon Musk changed the Twitter logo to the Dogecoin symbol after failing to implement it on Twitter's payment system. The reaction is expected as Dogecoin soared by 30%, reaching $0.11.
While its price action lingers around the $ 0.10 mark, crypto experts are skeptical about Dogecoin's future. A future altcoin run may push Dogecoin to the $1 mark, but it could be long before it can happen. Let's consider a possible outcome of Dogecoin in 2023 and subsequent years.
Year
Price of Dogecoin
2023
$0.14
2024
$0.21
2025
$0.29
2026
$0.41
2027
$0.58
2028
$0.88
Dogecoin may have had its day, and crypto experts are skeptical of its future. Interestingly, there are five altcoins that have better prospects than Dogecoin and will deliver excellently, both in utility and profits. Let's quickly take a look at them.
Gone are the days when meme coins are based on hype and pump with no peculiar use case, as Love Hate Inu takes a novelty approach. While retaining its fun side, Love Hate Inu is the world's first vote-to-earn (V2E) platform where you can engage in societal topics and earn money.
To enjoy this V2E benefit, you must stake and own its native token, LHINU. Thus, you receive voting power to vote and earn rewards. This meme coin has become popular in crypto in less than a month. So, getting behind this meme coin will put you on the right track to earning more.
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Freelancers have a reason to smile as DeeLance is set to provide a platform to meet prospective clients and earn in crypto. In contrast to conventional platforms, DeeLance provides reduced commissions when you get paid for working.
DeeLance features an NFT marketplace, metaverse, and a requirement platform for users to exchange services. There are so many remarkable features for you as a freelancer to enjoy. This project promises to be the future of freelancing, and it would be best if you do not delay.
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Investing in real estate is expensive and has become a monopolistic market that only the rich can access. However, Metropoly introduces an innovative way to invest in luxurious assets and properties without breaking the bank; fractional investments.
By representing luxurious assets as NFTs and splitting them into fractional NFTs, you can invest in real estate for as low as $100. You can purchase these NFT-based assets in Metropoly's marketplace with its native token, METRO. Metropoly provides massive earning opportunities in the real estate and crypto market. It will be best if you get involved in its early stages.
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EcoTerra(ECOTERRA): A Green Crypto Providing Recycling and Earning Capabilities
Aligning with several eco-friendly altcoins in the crypto space, EcoTerra provides a novelty feature that will ensure a cleaner and habitable planet. By implementing a recycle-to-earn mechanism, EcoTerra invites you to recycle items and get paid.
All you need to do is, download EcoTerra mobile app and create a user profile. Afterward, you scan recyclable items, dispose of them in Reversible Vending Machines (RVMs), and earn ECOTERRA. This crypto will hit the $1, thanks to its green initiative.
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RobotEra is a new platform ready to dominate the play-to-earn space. It invites players to explore its metaverse and enjoy several earning opportunities. To access its metaverse, you need to attain a robot form. Then, you can explore, build and develop virtual lands and earn in TARO.
You can earn more by staking your earned TARO, selling digital assets, and participating in events. The earning opportunities are endless if you actively participate in the platform. RobotEra is poised to deliver incredible gains before the year runs out.
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Several altcoins are undervalued yet provide fantastic earning opportunities if you buy their tokens cheaply. The five altcoins discussed in this post are new. Their presales attest to their commitment to providing their investors with valuable utilities and prospective gains.
Crypto experts may have their skepticism about Dogecoin and its future. However, investing in Love Hate Inu, DeeLance, Metropoly, Ecoterra, and RobotEra, is beneficial as they will surely hit the $1 mark and beyond in 2023. Do not miss out on their early offerings!
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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.