Updated: January 16, 2023 10:58 am IS
New Delhi [India], Jan 16 (ANI/ATK): There is no one-size-fits-all way to make money in the cryptocurrency market, but you could point out specific developments or reasons for a price surge in crypto assets. Once the narrative develops well for a crypto asset, you can always expect a price pump sooner and later. This is the situation with the cryptocurrencies that we would list in this article. Here are four cryptocurrencies with a reason to explode in 2023, do well to secure some of them until then.
Apecoin (APE) is an Ethereum-based gaming token developed by Yuga Labs. While we are yet to see many signs that cryptocurrency is a gaming token, some potential developments could confirm this. We’ve mostly seen that Apecoin is a governance and utility token for the APE ecosystem. The APE ecosystem consists primarily of holders of two top NFT collections, the Bored Ape Yacht Club and the Mutant Ape Yacht Club. Although the community consists of other affiliated NFT communities, the main APE community is one that you will always want to bet on. They form the largest brand in the NFT market and have a reputation for being big winners and providing money-making opportunities to their community members. The Yuga Labs game will reportedly launch in early 2023, and since Apecoin is an in-game asset, it has every reason for a massive price pump. Most crypto enthusiasts are speculating that the 2021 uptrend will be similar to AXIE’s pump.
XRP is a top cryptocurrency on the market and has held a top position for several years, despite having been in the SEC case for over two years. XRP was developed by American financial solutions company Ripple to help financial institutions transition from their centralized databases to blockchain, an open infrastructure that is more cost-effective. It all seemed like a decent solution until Ripple got into trouble for violating SEC laws with its token issuance. XRP has shown its strength over the years and shows a pattern of pumping when there is positive news regarding the fall. There is some good news on the horizon as it looks like XRP may emerge victorious from the fall and with the huge news you can expect some huge price pumps if you position yourself well.
Decentraland (MANA) is an Ethereum-based 3D virtual reality ecosystem that allows users to own, buy, sell and share digital assets called LAND. These LANDs serve as virtual real estate that users can use as they see fit. Decentraland is a Metaverse token that gained tremendous momentum in late 2021 due to news from Facebook (now Meta). Meta has just been rebranded and announced to focus on products that help users connect socially through the Metaverse. The news sparked a slew of Metaverse tokens, with crypto assets like MANA and SAND leading the charge. Today the hype has died down and these crypto assets have fallen sharply in value from the bear market. However, when momentum resumes, you can bet MANA is a big winner.
Big eyes (BIG)
Big Eyes (BIG) is a memecoin project, and as much as memes pump for just being memecoins, Big Eyes has given reasons for price pumping. The project is grossly undervalued for the hype it’s been able to build since pre-sales began. Big Eyes has a decent presale, raises over $11 million and wants to do more. Crypto enthusiasts are speculating that this is the next biggest thing on the market and has the potential to become as big as Dogecoin (DOGE). With Big Eyes potential post-launch promises, be sure to enter the pre-sale here now so you don’t miss this opportunity to win.
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