Since the market was engulfed in dark times last year, the question on every investor’s mind is, “Where should I put my money now?”. Here are some alternatives that are as good as Bitcoin or Ethereum – Filecoin, Dogetti (DETI), and Chainlink show great potential to turn 2023 into a year of winning.
When thinking about expanding your portfolio, there are probably many concerns that you have, but the pertinent one is most likely “is it worth it?”. Finding investments that are similar to Bitcoin or Ethereum but different in return can be difficult when you don’t know how you can benefit in the long run.
Filecoin – The Cloud Solution
One of the most important things in crypto is storage space because there needs to be enough cloud storage for your mining data and the safekeeping of your files. This is especially important in blockchain technology as people use it to transact and store information in a shared space. However, there always seems to be a lack of storage space in any crypto environment. This is the problem that Filecoin solves.
The coin offers users a space where they can pay to store their files and keep them secure. The blockchain offers storage options based on speed, costs, security, and reliability.
In December 2022, the coin dropped to a low of $2.68 but miraculously recovered to $3.01 before the year was out. At the start of 2023, the coin rallied to $5.23 and experienced a further boost to $9.40; however, it dropped to $6 after the Silvergate incident. Nevertheless, based on the previous performance of the coin, it is clear that a bull run is highly likely at a later stage.
Throw a Bone to Dogetti
One name that keeps coming up in the meme coin circles is Dogetti. The Mafia-themed coin has shown great potential in recent weeks, already reaching over 90% of their stage 1 goal funding – currently achieving $400,000 of their half-a-million dollar goal.
The coin provides ten-fold benefits to its users, where transaction fees – yes, benefit through levies – or NFTs. The platform charges a 6% levy on transactions, of which 2% goes to a charity wallet, 2% goes to the community wallet, and 2% goes back into the user’s wallet. In addition, the coin offers long-term investment options through their Doggeti NFTs, where users can breed, grow and sell these in exchange for fiat currency or more tokens.
Dogetti’s wide range of features and benefits make it a smart investment for this year. It has the potential to compete strongly with other meme coins like Dogecoin and Shiba Inu and can turn investors a lot of profit.
Find Success On Chainlink
Chainlink has been strongly competing among cryptocurrencies like Ether and XRP since 2017. The blockchain was released with an ICO of $0.11 and gradually increased to a high of $52.
During the crypto winter, the coin dropped to $6.91, but the low price is not a disadvantage. Investors can buy more tokens at a low price, and when the next bull run emerges, it will be a prime opportunity to turn a profit as the coin is predicted to reach a maximum value of up to $10 later in the year.
Final Thoughts
Investing is a risky business because there is never a guarantee that your money will return to you. Still, it is also smart to expand your portfolio and at least increase your chances of turning a profit. It is important to understand know which currencies can be leveraged and how they can increase your chances of success.
For More on Dogetti (DETI)
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_