Crypto traders all over the world are searching for positive signs the market can stir the ship in the direction of gold. Some recurring many are asking are – “what is the future of cryptocurrency in general, and will 2023 be a significantly better year than 2022?”
This article provides answers to those questions and others. Making and defining five predictions for the cryptocurrency industry in 2023 that point to huge growth this year.
Crypto investors can enhance their digital wallets by adding coins such as Big Eyes Coin (BIG), Avalanche (AVAX), Litecoin (LTC), Cosmos (ATOM), and Shiba Inu (SHIB). These are the most successful coins on the market, and they might just be your key to success as their popularity and price skyrocket.
Avalanche (AVAX)
Avalanche is a layer one blockchain that can be used to build decentralized applications and custom blockchain networks. It is an Ethereum competitor attempting to dethrone Ethereum and become the most popular blockchain for smart contracts. This is accomplished by maintaining scalability while allowing for a higher transaction volume of up to 6,500 transactions per second.
Avalanche, a cryptocurrency, appears to be on track for a 36% increase, as it is now trading above $20. Amazon allegedly collaborated with AVAX developer Ava Labs earlier this month in an effort to broaden blockchain adoption across multiple industries.
Litecoin (LTC) – Piggybacking Off Bitcoin To Forge Its Own Way
Litecoin (LTC) entered the market in 2011 as a fork of the Bitcoin (BTC) blockchain. This means Litecoin uses the same mining algorithm as Bitcoin. The cryptocurrency platform aims to provide a service that consumes significantly less energy than Bitcoin while lowering transaction costs.
Litecoin appears to have accomplished this, as its annual energy report shows that the Litecoin network consumes roughly half the energy that Bitcoin consumes! Although Litecoin consumes less energy than Bitcoin, the blockchain can confirm transactions faster.
So, how is Litecoin doing right now? Litecoin looks to have reached a plateau. The platform had a very productive start to 2023. However, it has since slowed its massive expansion. Litecoin’s growth has slowed hugely, it may now be the best time to invest in this cryptocurrency.
Big Eyes Coin (BIG) Continues It’s Success In Presale
Big Eyes Coin is one of the most intriguing meme-coins investors will come across this year. The coin, which has an eco-friendly vision, aims to give back huge returns to investors.
5% of all tokens will be stored in a wallet, and another 5% of the proceeds will be used for marketing purposes. 20% will be sold on exchanges, with the remaining 70% distributed during the presale. The meme coin aims to raise a total of $50 million.
Big Eyes Coin has raised $25 million and is in its eleventh stage of presale. Big Eyes Coin’s price has increased by 20% each time, giving buyers time to benefit from price appreciation.
The coin is currently offering its final ever promo code of LAUNCHBIGEYES200, which provides a 200% bonus on Big Eyes Coin purchases. There are only a few days left before this code expires, so investors should act quickly.
Cosmos (ATOM)
Cosmos, like the rest of the crypto market, was in a slump in 2022. However, the blockchain platform has seen exponential growth for the majority of January 2023, allowing it to rank among the top twenty cryptocurrencies in terms of market capitalization.
The fast interworking of the Cosmos blockchain is a significant advantage. Inter-Blockchain Communication (IBC) enables over 150 Tendermint-blockchains to exchange tokens and be interoperable.
Also, through the proof of stake (PoS) consensus, which allows ATOM holders to stake their tokens to secure the network, Cosmos users can earn passively from the platform. Staking tokens allow users to earn staking rewards and validate transactions on the Cosmos blockchain.
Shiba Inu (SHIB)
As more investors and traders become interested in Shiba Inu, the demand for the meme coin is skyrocketing. This is now reflected in the largest Ethereum (ETH) whale accounts’ holdings.
According to WhaleStats, the top 500 Ethereum (ETH) whale accounts have the most Shiba Inu tokens in their wallets, as of January 30th.
Shiba Inu dethroned seven other leading altcoins in the market to achieve this position, with these whale accounts holding $581,857,477 SHIB coins.
To become one of the kitten cash rich, check out the links below.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL