Ethereum, the second largest Cryptocurrency, recently shifted from a highly energy-intensive protocol, Proof-of-Work, to an energy-efficient protocol, Proof-of-stake (PoS). While crypto enthusiasts and users envisaged massive rallies in price, there was little to be desired as the effect of the bearish market weighs heavily.
While Ethereum is home to thousands of crypto projects actively using its network to operate their ecosystem, some discussions pop up in crypto communities to ascertain Ethereum's bullish prospects. Well, this guide shares more details on Ethereum's bull run and five other cryptocurrencies, such as Dash 2 Trade, IMPT, Calvaria, and Tamadoge, that are better poised to rally.
While Ethereum's switch to a new protocol sees a 99.9% reduction in energy use, thus scaling better and leading to greater adoption of decentralized applications (dApps), the network remains largely unchanged, and no noteworthy event is happening to push the price to the upside, as it is currently trading around $1,500.
The market's downward trend in price and new protocols may present opportunities for crypto traders and investors to fill up their bags with Ethereum. However, experts believe it is relatively early to determine the exact implication of the Ethereum Merge.
While Ethereum is considered a solid project due to its amazing utilities, here are five cryptos that could rally in 2023.
Crypto traders need value-added and professional insights regarding the crypto market to spot the trending crypto coins and invest in them to make profits. Interestingly, through Dash 2 Trade platform, they can receive the latest social data and on-chain metrics of the crypto market.
Dash 2 Trade aims to be a world-class crypto platform that provides trading signals, predictions, and market and social analytics, enabling crypto traders to make informed and accurate trading decisions.
Also, to ensure their crypto community benefits from this platform, Dash 2 Trade is introducing a bespoke scoring system for crypto presales and ICOs. Since ICOs are often a sure way to make impressive gains in the crypto market, through the D2T custom rating system, D2T users can invest in the best crypto presale before anyone else.
Other features extensively explained in the whitepaper include strategy builder and backtesting tools, technical indicators, auto trading API, risk profiler, listing alerts, and social trading. The platform is free for all users; however, a monthly subscription is required to access other exciting features and incentives.
The D2T ecosystem is run by its utility token, $D2T. As a utility token, it will be used for the platform's subscription and needed to access various features of the D2T dashboard. Also, D2T's fixed supply of $1 billion tokens is tax-less, enabling the free entry and exit of the ecosystem without additional costs.
With these features in mind, there is no doubt that Dash 2 Trade will become firmly established and emerge as the preferred crypto platform for crypto traders in the crypto market. D2T will soon hit the market, and investors are actively participating in its presale. Why not join these early birds before the coin rallies?
Eco-friendly coins are recently gaining popularity, especially after Ethereum's merge to a more energy-efficient network, Proof-of-Stake consensus mechanism. Reducing greenhouse emissions and carbon footprint has become a global trend among industries, and IMPT.io seeks to push the crypto industry into achieving a reduced carbon footprint.
The IMPT platform connects thousands of socially responsible and eco-friendly brands with individuals and businesses intending to reduce their carbon footprints.
Through the carbon offset program, when individuals purchase goods, products, and services from these affiliate brands, they earn carbon credits which they can either trade or retire in the IMPT marketplace. Further, these carbon credits can be tokenized into NFTs, giving you full ownership and preventing fraudulent activities.
IMPT.io is a blockchain platform that records every transaction and activity to ensure a stable and transparent ecosystem. Also, the IMPT platform has selected the most impactful environmental project to protect the environment and transform lives.
The features of this green platform have garnered attention and popularity. As a matter of fact, this is more evident as IMPT is already in the second round of its presale. At $0.023, this project can provide at least x10 returns on investment. Ensure you take advantage of it!
Another rallying crypto project that is not worth missing is Calvaria. By releasing a flagship battle card game, the Calvaria platform aims to speed up crypto adoption by providing global users with an immersive gaming experience and earning crypto rewards as they actively participate.
The Calvaria ecosystem is run by $RIA tokens which ensure the ecosystem's economic stability, are used as gameplay rewards, a staking system, and are valuable in a Decentralized Autonomous Organization (DAO) to vote on decisions that would propel the Calvaria platform forward into the future.
More features are explicitly explained in Calvaria's whitepaper. In addition, Calvaria is currently running its second round presale, making it a golden opportunity for enthusiastic gamers and traders to purchase $RIA tokens before massive rallies come toward the crypto project.
Tamadoge has become a project of interest following its $19 million record presale selling all its available presale tokens at $0.01, $0.02, and $0.03. Tamadoge features a play-to-earn ecosystem where users can mint NFT pets and develop and train them so they can battle other NFT pets in a Metaverse world called Tamaverse.
There are common NFTs, Rare NFTs, and Ultra NFTs to choose from and stand a chance at earning top spots in the global leaderboard. The Tamadoge token ($TAMA) runs the Tamaverse and will be used to play games, earn rewards and buy unique items from the Tamadoge store.
There has been an increase in TAMA token holders in the past weeks, which shows rallying potential and could surge the price of the tokens soon.
Solana had an incredible run in 2021 and has positioned itself as one of the top cryptocurrencies in the market. Solana's network is home to thousands of projects ranging from DeFi and NFTs to web 3.0, as the network offers incredible transaction speeds while keeping its transaction fees low.
Despite crippling market effects, Solana has the potential to be a significant player in the cryptocurrency market, which will see its price rally higher. Ensure to take advantage of its low price before the rally commences.
There are so many fascinating crypto prospects to look out for in 2023. Ethereum is still a vital project and will maintain its top spots long-term. While Ethereum may be facing scrutiny regarding its merge, the five cryptos listed in this guide could offer massive returns on investment despite the bearish market.
Cryptocurrencies like Dash 2 Trade, IMPT, and Calvaria are gaining traction in their presale due to their use cases. Investing in these projects is imperative to better position yourself when the market starts to rally.
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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.