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Top Three Crypto Projects to Watch Out For in 2023 – Ethereum, Rocketize and Shiba Inu

Market Trends

History always repeats itself. This is a crucial statement to prove to crypto investors that the bear market will go and the bull market will come. Instead of laying idle, it is best to start seeking the cryptocurrencies that will ride the tide comes the next bull run. For this reason, we will discuss three crypto projects you should watch.

The Drive For Decentralisation – Ethereum (ETH)

Ethereum is a pioneering blockchain protocol to push the idea of smart contracts and decentralized applications. With Ethereum, contributors, users, and developers can build blockchain products with smart contracts. Unlike Bitcoin, which is limited to decentralized payments, Ethereum strives for a decentralized world. Payments are only the beginning.

If you don't know, Ethereum is an open-source protocol, a programming language, and an ecosystem. Users can run smart contracts, build decentralized products, and facilitate transactions on the Ethereum network. The network was previously proof-of-work. However, it has merged with the Beacon network to become proof-of-stake. To interact with the Ethereum network, users will need Ether, the native and utility coin of the ecosystem. 

Making Memes Great Again – Shiba Inu (SHIB)

If you've heard of meme coins, you definitely should have heard of Shiba Inu. Shiba Inu is a Japanese dog used as a meme. The Shiba Inu meme coin is an Ethereum-based token that is also graphically represented with the Shiba Inu dog. Shiba Inu was also amongst the fastest-growing meme coins of 2021.

The Shiba Inu dog represents many other meme coins apart from Shiba Inu tokens. The dog is also used for Dogecoin, Floki Inu, Doge Dash, and a wide range of others. Dogecoin is the king among them all. However, Shiba Inu has stood toe-to-toe against Dogecoin. The project has smart contract capabilities, giving it an edge over Dogecoin. Why? Dogecoin is similar to Bitcoin and doesn't have smart contract features. So, it makes Shiba Inu a worthy competitor.

The Shiba Inu project is also multi-token. There are Shiba Inu, Leash, and Bone running simultaneously in the Shiba Inu ecosystem. Plus, the smart contracts feature also enables DeFi tools to work with Shiba Inu. So, users can stake, lend, and borrow with the aid of Shiba Inu.

Shiba Inu is still a meme coin, so we don't know if utilities are coming. However, we can't deny that Shiba Inu is useful.

Permission To Launch – Rocketize (JATO)

Rocketize is a decentralized meme token set to reach the moon. It is a token with a limited and deflationary supply. As a DeFi token, it is also priced at a small price to enable people to access the project.

We cannot talk about Rocketize without looking at the backstory. The term Rocketize may be derived from the word Rocket. If you are familiar with crypto space, you will find out that the rocket emoji is used to signify that a particular project or token will reach the moon.

We are in the moon age, and Rocketize is the right token to take you to the moon. Rocketize is also a meme coin. In early 2021, the crypto meme categories received ample traction. We saw the rise of Shibas, Inus, and other dog-themed cryptos. Will the forthcoming bull market still favor dog-themed meme coins? To stay on the safer side, why not try a new type of meme coin? You should consider rockets.

Rocketize uses the utility token JATO. JATO, Jet-Assisted Take Off, is a BEP-20 token running on Binance smart chain. The token comes with a 2% tax, and half of this tax is distributed back to the token holders. Aside from the tax, JATO tokens will be burned at intervals. 50% of the total token supply has been burned at launch, and 20% more will be burned in the long run.

Rocketize Token (JATO)

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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.

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