2023 is preparing to be a good year for crypto. Hence, investors are looking for cheap cryptocurrencies that have the potential to offer massive gains. We asked several crypto analysts which tokens currently worth under $3 should be on every investor’s radar. They listed Sandbox (SAND), HedgeUp (HDUP) and the Render Token (RNDR).
Sandbox (SAND) is one of the most popular play-to-earn gaming platforms today. The game has a complete ecosystem and economy. All transactions within this ecosystem are paid for with the ERC-20 token SAND.
Today, SAND is trading at $0.577. It has a market cap of around 1.7 billion, which puts it at number 45 in the ranking.
Before the bear market, Sandbox (SAND) benefited from growing interest in virtual worlds. This allowed the token to grow from $0.04 in early 2021 to an all-time high (ATH) of $8.40 towards the end of the year.
The bear market has stifled some of that growth, but as the market recovers, so is interest in metaverse. And as an established and popular Metaverse game, Sandbox (SAND) is perfectly positioned to capitalize on it.
Some estimates see the token surpassing its previous ATH and reaching $10. When that happens, there will be a 2000% return on investment.
HedgeUp (HDUP): New investment opportunities for Web3
HedgeUp (HDUP) is a new Web3 project. It is building the first investment platform in Web3, allowing users to trade alternative assets via non-fungible tokens (NFTs). Valuable assets such as gold, jewelry, diamonds, artwork and more are converted into NFTs, which are then made available for trading.
HedgeUp’s token, HDUP, is the platform’s internal currency. It is used for many things within the ecosystem. This includes paying for asset-backed NFTs, paying trading fees and bidding at auctions on the trading platforms. It is also used for voting on the project’s community-focused Decentralized Autonomous Organization (DAO).
Analysts consider HedgeUp (HDUP) to be one of the most promising projects in Web3. Therefore, their charts show that HDUP is experiencing an increase in value before the end of the year. Some estimates are as high as 3000%, others as high as 10000%. But overall, the sentiment around the token remains the same: HedgeUp (HDUP) will be a success.
Today, HedgeUp (HDUP) can only be bought through the presale, which is in its second phase and is selling for $0.013.
>> Buy HedgeUp now <
Render (RNDR): decentralized cloud computing
RNDR is the cryptocurrency that powers the render network. This is a decentralized cloud computing platform that allows people to share their unused computing power so that it can be used by other people for high-performance computing tasks like rendering 3D graphics and animations.
Cloud computing is gaining in importance. The Render Network is the Web3 version of it. Therefore, the RNDR token is expected to perform strongly in the future. The token is currently trading at $2.24 and has a market cap of more than $800 million.
Learn more about HedgeUp (HDUP) pre-sales via the links below:
