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Never a dull day in the crypto market that's for sure! 2023 has been a year of mostly growth and positivity which was badly needed after last year but as usual, we have to be ready for the bumps in the road when they come. Unfortunately, it looks like we could be due one in the near future as the SEC has set its targets on Coinbase which will face legal action which could have a big effect on the market.
Binance is another exchange that could be in hot water as the Commodity Futures Trading Commission (CFTC) is charging them with a laundry list of alleged misdeeds, although after the FTX scandal, I think a lot of us could have predicted this.
The great thing about crypto investment, however, is that in times of difficulty, opportunity tends to flower. While weaker cryptos will struggle and fail, stronger projects will pump as investors turn to coins they know will survive the difficult spell. Coins with a strong history like Ethereum (ETH) are always good options but so are promising presale tokens like Love Hate Inu (LHINU), DeeLance (DLANCE), Metropoly (METRO), Ecoterra (ECOTERRA), and RobotEra (TARO).
Let's take a look at why traditional giant Ethereum is still a good investment option even if new regulations are brought in to tighten the market.
Ethereum price prediction
As we can see from the chart above Ethereum enjoyed a very successful Q1 of 2023, but what can we expect for Q2? Well as we mentioned above the CFTC could be about to crack down on some exchanges, which means it could be bad news for cryptos listed on said exchanges. It is therefore very good news that the head of the CFTC has stated that they consider Ethereum as a commodity, what this means in crypto terms is that ETH should be spared any restrictions that may be applied to other coins.
More positive news for the near future is the Shanghai update that is coming on April 12th. This has been a long time coming and Ethereum users will be very excited to learn it is less than two weeks away. Until now the coin holders could not remove their staked ETH from the ecosystem, well now they will be able to withdraw it along with all the rewards they may have occurred.
Some have worried this could lead to a mass exodus as investors could remove all their investments but this is highly unlikely for two reasons. One, this isn't some token with very little utility, it is the second biggest crypto on the market that has proved itself as a valuable asset. The second reason is Ethereum has set a daily withdrawal limit so even if investors wanted to remove everything this could not be possible.
So Ethereum looks like it is set for more growth in Q2 but what about the five coins going through presale we mentioned in the opening? Let's take a look at them now.
While it is a meme coin Love Hate Inu (LHINU) is also much more than that, it is also a V2E platform where its users can go to vote on the trendiest and most pressing topics in the world of politics, social issues, and pop culture. What's especially fun is either side of the vote will be represented by fun angel and devil illustrations representing love and hate.
The inventors of Love Hate Inu have gone to great lengths to ensure the project is both safe and secure. 90% of the total allocation of coins will be sold during presale which ensures the long-term future of the project and a stake-to-vote system will ensure the polls on their site can not be rigged or spammed in any way.
>>Buy Love Hate Inu Now!<<<
The amount of people working as a freelancer in their chosen sector of work has exploded since the pandemic. However traditional websites cause a lot of issues for both the freelancers and employers. With their decentralized platform DeeLance (DLANCE) will solve these issues.
The main selling point of the platform is how it will fix payment issues, its peer-to-peer payment system means its fees will be much smaller than traditional freelance sites and the blockchain will also allow much faster payment times. DeeLance will use escrow when it comes to payment which means employees need not worry about chasing an employer as the payment will be there for them once they finish their work.
>>Buy DeeLance Now<<<
Until now no crypto has been solely dedicated to real estate investment and that is likely because no one had as good an idea as Metropoly (METRO). They will bring real estate investment to the masses as for as little as $100 buyers will be able to own their part of some of the most sought after properties from around the world.
How it works is the properties will be tokenized into NFTs and then from there these will be fractioned and sold off to Metropoly customers, no added paperwork or delays simply choose your property and pay the price. New property owners will be able to earn a passive income just as if they owned the physical location through rent and appreciation.
>>> Buy Metropoly Now<<<
Despite only just beginning the presale of Ecoterra (ECOTERRA) has already generated a lot of buzz, this is likely because of its rewards for real life recycling. Through their app its users will be rewarded with the native token when they recycle. Simply scan the item you are recycling and watch the ECOTERRA pile up.
Ecoterra really has helping the environment as their main priority as the native token can be spent on green activities like cleaning up beaches.
>>>Buy ECOTERRA Now<<<
RobotEra (TARO) looks like it could be one the most fun P2E games of 2023. The game is set in the Metaverse on the destroyed planet of Taro (also the native currency) which the players are tasked with rebuilding. No coding knowledge is necessary which is great because construction and ingenuity is where players will make their revenue.
Players can explore and spend TARO just like they would in a second life game so building amenities or other attractive locations will draw in other players who will pay to enjoy the experience being offered.
>>>Buy RobotEra Now<<<
Ethereum looks like it is still a safe option even if further regulations are introduced in the coming weeks or months. However the five coins going through presale are likely to pump even more and should give buyers more bang for their buck.
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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.
