Many analysts predict that the 2023 crypto market will be bullish. Taking this into account, the next few weeks will be the perfect time for investors to buy their favorite cryptocurrencies at discount prices.
We are aware that choosing the best crypto projects to invest in may be a complex choice, that’s why in this article we will look into the five best crypto to buy in 2023.
1. DollarMoon (Dmoon)- Best crypto to buy in 2023
If you are looking for a stable passive income then definitely Dmoon is the right choice for you. As reflective token Dmoon holders are rewarded with 2% of every buy/sell transaction in the form of BNB coin.
Launched on December the 9th 2022, as a BEP-20 token on Binance Smart Chain, DollarMoon project defines itself as the first crypto project to follow a Value Leading System.
Many aspects make Dmoon different from other crypto projects such as strong roadmap projects, locked liquidity, automatic and manual burn, and the most important one is the value leading system which means that the roadmap is not dependent on time frames only but on the token value.
Although the token was launched less than a month ago, the token performance has already proved the potential for this token, with the coin reaching a new ATH every couple days. And the fact that the token was launched very soon means that your chances of early investing are high, making it one of the best crypto to buy in 2023.
2. Polygon (MATIC)
Polygon is one of the most popular scaling solutions for Ethereum. Polygon was launched in October 2017 as a well-structured layer-2 scaling solution platform with the goal of improving the functioning of Dapps on the Ethereum Network.
As we have seen in 2022 L2 chain solutions have amazed everyone with their growth and what their ecosystems have achieved. These specific reasons have made us choose MATIC as one of the best crypto to buy in 2023.
3. Ethereum (ETH)
No list can be complete without the second-largest cryptocurrency in the world. There are several very well-known decentralized applications that exist only because of Ethereum, such as OpenSea, Uniswap, Polygon, and Metasmask, all of these applications and more have made Ethereum the leading platform for Defi and dApps projects.
Also, it is worth noting that before the crypto crash, Ethereum coin ETH had seen the level of 4700$ in November 2021. But due to the crypto winter that we are witnessing now and the overall poor market sentiment, the coin has been seen trading in the range of 1300$ to 1500$.
So, if you are interested in buying ETH in dips, and then selling it when it rises, ETH is a great choice to buy in 2023.
4. Bitcoin (BTC)
Even though it might seem like bitcoin is unpredictable, I can assure you that this coin will remain the king of all cryptocurrencies. And even with bear market, mass global adoption rates are getting higher and higher, with many large companies and even countries have started accepting Bitcoin as a legitimate source of payment.
In fact, no matter how many crypto winters the crypto market had gone under, Bitcoin prices have consistently risen over time and given huge gains to its investors. So, if you are a long-term HODLER then bitcoin can surely be the best coin you can buy in 2023.
5. Polkadot (DOT)
Polkadot is a protocol that connects blockchains – allowing value and data to be sent across previously incompatible networks (Bitcoin and Ethereum, for example). It’s also designed to be fast and scalable. With the growing popularity of the Web 3.0 domain, Polkadot is emerging as one of the most popular and easily accessible cryptocurrencies among other digital assets.
As Polkadot is one of the most preferred network chains which can handle large numbers of transactions, many investors are considering Polkadot as one of the best crypto to buy in 2023.
Bottom Line
No one can deny that 2022 has been a painful year for crypto investors. And with all the catastrophic events that have unfolded in the cryptocurrency market, it is clear that more transparency and regulations are much needed. But, looking ahead, 2023 looks like it will be a big year for crypto investors. So, even though cryptocurrencies may come around as a risky asset to invest in, I think that it has also brought big rewards to their investors.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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