With 2023 just around the corner, this year is already looking more positive than 2022, with all the complications suffered by virtually every crypto project. With the expectation that the space has found the bottom of its bear market, investors are turning their attention to identifying which projects have the potential to deliver incredible profits in 2023 and years to come. Figuring out which projects offer the biggest bang for your buck is easier said than done. So, here are 10 top rated project cryptocurrencies that investors agree can deliver massive gains in 2023: Metacade (MCADE) Chainlink (LINK) Avalanche (AVAX) Hedera (HBAR) Bitcoin (BTC) LTO Network (LTO) Ripple ( XRP) Monero (XMR) Shiba Inu (SHIB) Polygon (MATIC)
Table of Contents
1. Metacade (MCADE)
Metacade is already making waves in the investing world with a high-profile pre-sale, having raised an incredible $8.1m in just 14 weeks since its launch. Funding continues apace, with the pre-sale already in phase 5 and a growing number of investors rushing in while they still can. That alone would put it at the top of the top 10 list of crypto assets, but it’s the platform’s features that really make it stand out. The biggest driving force driving the pre-sale numbers is Metacade’s comprehensive plans laid out in the platform’s white paper. It outlines an innovative plan to achieve the goals and fulfill the platform’s roadmap. Metacade is on course to revolutionize the gaming industry, in part by building the largest play-to-earn (P2E) arcade on the planet. The P2E arcade must certainly attract a huge number of players around the world, thanks to the extensive rewards mechanisms implemented in the platform. Players of all types will be rewarded with both casual gameplay and a more competitive style. By acting in this way, Metacade is able to attract global attention that can guarantee the project a huge potential Total Addressable Market (TAM). Rewards will be implemented for user actions that benefit the Metacade ecosystem. Users who contribute with actions such as writing game reviews or engaging with the community can receive rewards. This encourages all users to constantly improve the platform. This creates a significant boost to user base retention and growth that many other projects lack. The project uses the token known as MCADE to power the ecosystem, and MCADE plays a central role in how the platform works. In addition to being used to distribute rewards, MCADE represents the entire platform, which means that it is used for all exchanges of value across the ecosystem – such as championship entry fees or the purchase of merchandise. The token project also features a staking investment option for holders, which allows investors who are holding their tokens for appreciation to benefit from passive income by putting their MCADE tokens to work while they wait. One resource that is frequently cited is the Metagrants program, which provides significant value at all levels when it comes to user engagement. It accomplishes this by allowing game developers and teams to submit game ideas to the Metacade community. MCADE holders can then vote on which projects are most deserving of funding from the Metacade treasury. This level of engagement will help with user retention by providing them with a meaningful role in the future of the game library.
>>> You can participate in the Metacade pre-sale here <<<
2. Chainlink (LINK)
Chainlink is a project that is tackling the so-called “oracle problem”, which relates to the challenge faced by Web3 in reliably accessing accurate and secure off-chain data. The Chainlink decentralized oracle network (DON) is a complex system of nodes that provide information to the network and can stake their LINK tokens to do so. Any node trying to bypass the system is penalized by a system known as slashing, in which providing incorrect data is punished by losing the node’s LINK tokens. Chainlink has more partnerships than any other project on Web3, and the up-to-the-minute price figures they provide for tradable peers is a crucial part of the way the more mature parts of DeFi (like Aave) operate. If DeFi continues to grow and Chainlink remains central to it, then the price of the LINK token could increase dramatically through 2023, making this cryptocurrency a strong contender for the top 10 cryptocurrency list.
3. Avalanche (AVAX)
Avalanche is a layer-1 project competing with others like Ethereum and Solana for market share in the public permissionless space. The project uses three separate blockchains, known as C-Chain, P-Chain and X-Chain – to allow the creation of subnetworks called subnets. These subnets allow flexibility in the Avalanche network resources, which means that the parameters can be customized for each use case. This has led to claims from the passionate Avalanche community that the scalability of the Avalanche network is unbeatable, making investing in its native token, AVAX, a promising opportunity. The Avalanche network has not seen much growth after skyrocketing during the 2021 bull run. However, with a large and passionate community behind it, 2023 could be the year the project secures greater market share – and those who invested in the AVAX token can reap its rewards.
4. Hedera (HBAR)
The Hedera network is not really a blockchain. The project uses a technology known as directed acyclic graphs (DAG) to enable the Hedera network to provide fast and secure transactions at a large scale. The project also takes decentralization seriously, but has chosen a different path than most projects in appointing a board of corporate and educational institutions under a term cap to take a seat on Hedera’s board. There are rumors that the Hedera network could have some big use cases in 2023, which could see the HBAR utility token benefit in the form of a price increase. With some positive moves already underway, this could be the start of a strong price hike for the HBAR token.
5. Bitcoin (BTC)
Bitcoin may be seen by many as the most conservative investment in the crypto space, but there is no doubt that it remains the most prominent project on Web3. With more and more regulations due in 2023, the project should benefit from the lack of a centralized governing body, in addition to the fame the project has. If regulations continue to get the issue of defining Bitcoin as a commodity wrong, it could open the door for institutional investors to flood the market with funds in 2023 and beyond, meaning the price of BTC could rise far above the that we are used to when TradFi starts to drive growth.
6. LTO Network (LTO)
LTO Network is a Netherlands-based project that focuses on use cases where a hybrid solution is required. These are typically use cases that require private data storage (but public verification) – and LTO Network hopes to secure a significant share of the enterprise market in this way. The project already has impressive partnerships, having worked with both the United Nations and IBM on different use cases. The project has also explored the development of a Digital Identity (DID) product, which could open the door to many use cases in the future. As the LTO token is used for all transactions in the project, we should see the price of LTO grow proportionally with the network usage, and if more projects with high transaction volume appear in 2023, LTO holders may be in for a pleasant surprise.
7. Ripple (XRP)
Ripple has been engaging in legal battles with the SEC for years, and within its community of dedicated supporters there is a belief that 2023 will be the year the lawsuit is settled. Many analysts believe that Ripple is likely to win its lawsuit with the SEC, which could mean that many established use cases will be free to legally acquire XRP tokens for Ripple’s main use case: cross-border payments. If that happens, then we are pretty sure that the XRP price will soar to heights not seen for years, if not even higher.
8. Monero (XMR)
Monero is a privacy-focused project that is trying to build an anonymous digital money that allows for untraceable transactions around the world; from day to day transactions to those involving crypto whales. Monero faces an uncertain future in light of the focus of regulations that governments are aiming for in 2023. However, XMR holders are confident that the complexity of the project means it cannot be stopped, and so if regulators come to some sort of ceasefire with the project, this could benefit the price of XMR.
9. Shiba Inu (SHIB)
The Shiba Inu is a project that has built and maintains a passionate community of followers known as the “Shib Army”. The project may have started out as a meme currency following in the footsteps of the Dogecoin (DOGE) project, but the team used the project’s popularity to shift to a more utility-based DeFi offering. The advantage Shiba Inu has over Dogecoin is that the utility of DeFi allows the project to continue to evolve over time, and this can help build and maintain excitement about the project over time.
10. Polygon (MATIC)
Polygon is a layer-2 project for Ethereum, which aims to allow platforms on the Ethereum network to access it and benefit from greater scalability. The Polygon network has its own validators, but it also has the MATIC bridge – a bridge to the Ethereum network. This means that other projects built on Polygon can store data on the Ethereum network periodically while benefiting from Polygon’s faster and cheaper transactions in the meantime. Polygon has already managed to secure some big corporate projects like Starbucks and Nike, so it wouldn’t be a surprise if the price of MATIC sees big gains in 2023.
Which project is the best choice for investors?
Metacade looks like an excellent choice among the top 10 cryptocurrencies that investors are looking at for big gains. Offering investors incredible potential that is found in its features and platform implementation (not to mention the heavily discounted prices available at pre-sale), there is no doubt that the greatest advantage of all can be gained by investing in MCADE. As MCADE is closely linked to the use of the platform, during the year 2023 we should see huge increases in the price of the token. As the platform launches and players flock to it, those who take advantage of the pre-sale in the limited time left are sure to have an incredible journey ahead of them.
You can participate in the Metacade pre-sale here.