What are the best Altcoins To Buy In 2023 Before the Next Altcoin Season?
While you may have missed out on buying Bitcoin at its early price point of $50, don't let that hold you back from potential gains in the altcoin market. In this video, we'll be revealing the top 3 altcoins that are poised for massive growth in the coming year. The best part is that one of them hasn't launched yet, which makes you one of the early investors.
Watch this video till the end, so you don't miss out on this opportunity to potentially make some major gains in the crypto market.
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Now, let's get started.
The first crypto that we believe can bring huge gains in the coming year is Polygon.
It may surprise you but, 2023 could be the year for Polygon, and there is a lot of buzz around this Altcoin. And everything about Polygon justifies the attention it’s getting.
Polygon is a layer-2 network that supports the Ethereum blockchain to unclog the Level-1 Ethereum platform — at high speed and low cost. The network’s native currency ― MATIC is used for staking, paying fees on the network, and governance. It is an ERC-20 token that runs on the Ethereum blockchain and uses a proof-of-stake consensus mechanism.
Many factors can influence the Polygon price.
For example, MATIC price increased at the beginning of November by 20% as a result of the announcement of Polygon NFTs and the Instagram integration news.
Because of the newly launched projects, traders expect a 200% MATIC price increase.
Moreover, Polygon’s founder plans to utilize Beacon on the network for a better connection with investors.
This is the main reason why we expect a significant increase in Polygon MATIC.
Currently, Polygon is the best bet for solving the scalability issues faced by Ethereum Blockchain. Developers who want to use the Ethereum blockchain and get the benefit of multi-chain support for their projects find resorting to Polygon to be the best option. If you want to start accumulating Polygon Matic coins, the best strategy to invest in Polygon is to buy the dip whenever the Fear and Greed Index is in the extreme fear stage.
Polygon’s market cap and growth
Polygon’s market cap is $8.2 billion and its price is less than $1 at the time of this recording.
This can be a good thing because the time is still ripe to invest in Polygon. Don’t be surprised if Polygon Matic turns out to be the multi-bagger altcoin of 2023.
Get ready to have your mind blown by the next crypto we'll be revealing in this video. It's going to change the game and you don't want to miss out on the opportunity to be among the first to invest in it. Make sure to subscribe to our channel and turn on notifications so you'll be the first to know when we release more information about this game-changing cryptocurrency.
So, One of the altcoins that we expect to see significant growth in this year is PulseChain. For those of you who have been following our channel from the beginning, you know that it's a crypto that we have a lot of faith in. We missed out on the opportunity to invest in Ethereum at its early price point of $2.8 and watched as it reached $5,000 a few years later. We don't want to make the same mistake again and believe PulseChain has the potential to be even more successful than Ethereum.
PulseChain (PLS) is generating a lot of excitement among investors, who are eagerly awaiting its release. The HEX founder, Richard Heart, is frequently asked about the launch date on social media. PulseChain is Richard Heart's second token in the market and it is expected to be launched sometime in 2023. It will be a new blockchain created by modifying the codes of Ethereum and aims to improve transaction speed and reduce costs for users. Compared to Ethereum, PulseChain will offer more affordable gas fees. The team behind PulseChain plans to not only replicate Ethereum's codes but also integrate codes from NFTs and other tokens on the Ethereum network.
The upcoming blockchain’s native token will be PLS. Also, all the existing ETH on the Ethereum network will be converted to PLS on the Pulsechain network. It is reported that the supply will be inflated by at least x10,000.
PulseChain also plans to replace the proof of work (PoW) model with a system of validators encrypting transactions. The launch date and price of PulseChain is still unknown, but there are already thousands of investors waiting to invest on its release day. Many of these investors are also HEX holders who believe that PulseChain could mirror HEX's previous price performance. HEX reached $0.01 within 14 months after its launch in December 2019 and its price doubled approximately every 48 days, resulting in significant returns for early investors. Investors believe that a similar outcome could be possible with an early investment in PulseChain.
Keep an eye out and be ready to embrace this revolutionary cryptocurrency.
And the last crypto project is going to be Chainlink.
Chainlink is a decentralized network that is powered through oracle — a decentralized data provider. The issue that is faced with smart contracts is that to execute their terms, most of them have to utilize an external data source.
Chainlink wanted to be the golden gate bridge between blockchain and the real world. Props to Chainlink for having extended the smart contacts' abilities by making accessibility to the real-world easier and quicker.
Its abilities extend to even events and payments without having to compromise the security, and reliability of blockchain technology.
Chainlink works on the purchaser and provider dynamics. Purchasers will specify the data they need to procure and providers have to bid to deliver the data by staking LINK tokens.
Chainlink has been gaining a lot of attention in the crypto space due to its growing adoption by major companies and organizations. The project has partnerships with the likes of Google, Oracle, and SWIFT, and its technology is being used in various industries such as finance, supply chain management, and gaming.
Additionally, Chainlink's decentralized oracle network ensures that the data used by smart contracts are accurate and reliable, which is essential for their widespread adoption. Due to its growing adoption, partnerships and technology, Chainlink is considered as a bullish crypto to invest in.
Chainlink automation is now available on Arbitrum One platform.
According to CryptoNewsFlash, Chainlink has progressed significantly over the past year, hosting 1,600 projects, and moving $6.9 trillion transaction value.
Chainlink is undoubtedly one of the smart altcoin investments. After all, a prudent investor would sail the same boat as the big players.
Global giants like Google and SWIFT, and popular cryptocurrencies like Synthetix and Polkadot have partnered with Chainlink. And, Chainlink will sweat it to quench their thirst for more such partnerships. So, you can imagine the tremendous growth potential for this amazing altcoin.
Actually, all of these factors combined make Chainlink a potentially strong investment opportunity, however as with any investment, it is important to conduct your own research and consult with a financial advisor before making any investment decisions.
And if you have any questions or concerns, leave them in the comment section below and we will come back with another video.