Despite the fact that 2022 was a bad year for cryptocurrencies, most projects are still on track and have a good growth potential. Here are some of the most promising altcoins for 2022-2023.
Tokens of popular exchanges
If you are going to invest in top 100 altcoins in 2022-2023, investment in tokens of popular exchanges will be the most reliable solution. For example, after the last wave of growth in the crypto market, the value of the BNB token (owned by the largest cryptocurrency exchange, Binance) has increased by more than 100 times. In the coming years, comparable results can be expected from the tokens of other crypto exchanges. Among others, these are CRO (cryptocurrency exchange Crypto.com), KCS (owned by KuCoin) and FTT (utility token of FTX Trading LTD).
Decentralized Exchanges (DEXs) are the platforms that allow users to exchange tokens directly. This way of trading increases the security of transactions, so in the coming years, DEXs will definitely gain in popularity. Among the most promising cryptocurrencies are:
- UNI is the cryptocurrency of the Uniswap network. This token gives its owner the right to vote in decisions about the future of the platform;
- CAKE is the token used for transactions and product support of the decentralized exchange PancakeSwap. The token is issued in the Binance Smart Chain network;
- 1INCH is a token that supports the operation of the 1INCH exchange. The token is issued and runs on the Ethereum network.
Other DEXs cryptocurrencies also have a good growth potential. First and foremost, there are SNX (Synthetix Network), OSMO (Osmosis), RUNE (THORChain) and LRC (Loopring).
Tokens of cryptocurrency games and metaverses
Cryptocurrency GameFi https://trends.aax.com/top-5-gamefi-projects-to-know and metaverses experienced a real boom in 2021-2022, in some cases yielding more than 1000% returns. There is every reason to believe that the growth of many of these cryptocurrencies will continue in 2022-2023. Among the most reliable and promising projects would be:
- SAND is a native token based on the Ethereum network. It used as the main currency of The Sandbox Game;
- AVAX is a token of the decentralized Avalanche platform. This platform may be used for creation of decentralized applications and multifunctional blockchains;
- AXS is a governance token of the popular crypto game Axie Infinity.
Other cryptocurrencies that deserve attention are APE (ApeCoin), MANA (Decentraland), THETA (Theta Network) and STX (Stacks).