8 Cryptocurrencies That Offer Strong Growth Potential In 2023
With 2022 not going as most traders had planned, the time has come to move away from mindless memecoin projects without a concept and move on to investing in cryptocurrencies with the greatest potential in 2023.
Read Also: How to Buy Cryptocurrencies with a Card or Bank Account on Uniswap
Even with the bear market going on, there are still sections within the industry that are outperforming Bitcoin and most altcoins. However, finding these projects is often difficult and timing the positions is even more difficult.
Fortunately, we have found 8 of the best cryptocurrencies to invest in 2023 with the most potential and the best thing is that they have yet to move higher, giving you the perfect time to build your positions.
The 8 best cryptocurrencies to invest in 2023 with the greatest potential
1. FightOut
2. Dash 2 Trade
3. C+Charge
4. IMPT
5. Tamadoge
6. Battle Infinity
7. Polygon
8. ThorChain
A Closer Look at the 8 Best Cryptocurrencies to Invest in 2023 with the Most Potential
1. FightOut – A revolutionary move-to-earn app rewarding users for staying healthy.
FightOut is a movement-to-gain platform set to revolutionize the entire industry by rewarding users for maintaining a healthy lifestyle and training regimen. FightOut is a money making fitness app and gym chain that gamifies the fitness lifestyle industry and allows users to earn rewards for staying active.
The move to win sector helped elevate the Web3 space by demonstrating that the mass market was interested in what the Web3 movement had to offer. In 2021, Move-to-Earn became one of the hottest trending topics in the cryptocurrency industry, as it attracted a large number of non-crypto natives who wanted to earn by exercising. Furthermore, the gamification of the fitness industry has motivated thousands to take the first steps towards leading a healthy lifestyle.
The problem, however, was that movement-to-gain products were extremely limited in 2021. Most projects would only allow users to gain with a small variety of exercises, primarily focused on counting steps. Also, it became extremely expensive to participate as users had to purchase NFTs before they could win.
FightOut seeks to push the move-for-win industry to new heights by rewarding users for completing a wide range of workouts in the gym or in their living rooms. The unique thing about FightOut is that users are rewarded for any exercise, not just walking, jogging, or running. Also, all workouts are tailored to the user, creating a personal trainer in your pocket.
The FightOut companion app is the backbone of the ecosystem, tracking all workouts and rewarding users. It is designed to provide everything a user would need to get into “Fight Shape” and get into fighting shape.
The app features personal workout routines and classes on demand or live, which can be attended from the app or at a local FightOut gym. It can also help track sleep, nutrition, and mood metrics.
In order to achieve a personalized training program, users must fill in the following information when registering in the application;
- Workout goals – Maintain weight/lose weight/gain muscle etc.
- Fitness background
- Available equipment
- Desired workout types
- Time availability
- Location
The app will then use this information to create a custom training program for the user. Each exercise is explained through high-quality instructional videos led by FightOut head trainers and personal trainers.
Users are rewarded for completing their workouts and challenges, earning badges, and growing the community. Some exercises in the training program include strength and conditioning, high-intensity interval training, mobility, and boxing. Additionally, since mental toughness is part of getting in shape to fight, users are rewarded for engaging in mental clarity exercises such as meditation and yoga.
Another great feature of FightOut is its metaverse. When a user registers on the platform, they must create a Soulbound avatar NFT. This NFT cannot be sold or transferred and serves as the user’s digital identity in the metaverse. Data from each training is collected and entered into the avatar’s stat points, allowing it to develop directly with the owner’s effort and progress. As you stick to your schedule and complete workouts, you will see your Soulbound NFT’s stats increase.
In the metaverse, users can use NFTs to enter competitive leagues, tournaments, and fighting modes to earn additional prizes.
FightOut is currently hosting a pre-sale for its native token, FGHT. This will be the utility token for the platform and will be required to pay for the FightOut Companion App subscription membership.
The app is scheduled to launch in the second quarter of 2023 and is expected to attract a new wave of the fitness community who will be motivated to exercise to earn rewards.
Visit the FightOut pre-sale today
2. Dash 2 Trade – A world-class crypto signals and intelligence platform to help traders become profitable.
Dash 2 Trade is another cryptocurrency with high potential in 2023 as it prepares to launch its highly anticipated trading dashboard, designed to help traders become more informed and consistently profitable. Investors were quick to rush to the Dash 2 Trade pre-sale in 2022 because they believed that the highly experienced team’s product would see increased utility as the markets began to crash.
Trading during a bull market is relatively easy. Investors simply need to buy and hold. However, when the tide turns and the bears return to town, making a steady profit through cryptocurrency trading becomes a bit trickier. During these times, users need to be more informed about the market in order to identify and invest in coins before they go higher. They also need to be able to track social sentiment and on-chain metrics to know if they should exit their trades.
Dash 2 Trade is another cryptocurrency with high potential in 2023 as it prepares to launch its highly anticipated trading dashboard, designed to help traders become more informed and consistently profitable. Investors were quick to rush to the Dash 2 Trade pre-sale in 2022 because they believed that the highly experienced team’s product would see increased utility as the markets began to crash.
Trading during a bull market is relatively easy. Investors simply need to buy and hold. However, when the tide turns and the bears return to town, making a steady profit through cryptocurrency trading becomes a bit trickier. During these times, users need to be more informed about the market in order to identify and invest in coins before they go higher. They also need to be able to track social sentiment and on-chain metrics to know if they should exit their trades.
The team will manually score projects to assess metrics that cannot be assessed by automated software, and then provide a unique score for each pre-sales. They will consider metrics such as team credentials and trace logs, contract audits, and tokenomics to deliver tailored scoring. The system will help investors avoid projects that might not generate profit.
One thing that made the Dash 2 Trade presale so popular was the team behind the project. Dash 2 Trade is being developed by the same team that created Learn 2 Trade, which is a successful forex signals and education platform used by over 70,000 traders.
This team partnered with profitable cryptocurrency traders, quant researchers, and AI developers to deliver a cryptocurrency-based dashboard designed to replicate the success of Learn 2 Trade.
The native utility token behind the platform, D2T, is required to pay for the subscription-based monthly service.
In general, investors are relatively excited about the future of the D2T token in 2023 and expect it to break out once the trading panel is published.
3. C+Charge – A universal charging solution for the EV sector, rewarding drivers with carbon credits.
C+Charge is a project that wants to revolutionize the electronic vehicle charging infrastructure and bring carbon credits to the mass market of electric vehicle drivers. It is the only sustainable ESG compliant cryptocurrency and is the first on-chain and off-chain platform to allow EV drivers to earn carbon credits simply by driving and charging their EVs.
C+Charge aims to become the universal solution for the charging station industry. Instead of being a project that promises investors that the token will go to the moon, C+Charge is focused on proving that Web3 can be used to create real-world use cases with real-world utility. As a result, the ecosystem will fuel the growth of the token and generate profit for investors.
The team behind C+Charge have identified numerous issues with the current EV charging station infrastructure. One of the main problems is that the increasing number of electric vehicles on the roads will eventually outpace the availability of supply from charging stations. In addition, they also recognize that the pay-per-charge system is fragmented, which means that electric vehicle drivers do not know how much they will pay for each charge.
In addition, C+Charge also realizes that only charging station owners and EV manufacturers are rewarded with carbon credits through the sector, and drivers currently earn nothing.
C+Charge intends to change this dynamic by creating a universal payment solution and rewarding EV drivers for charging and driving their vehicles.
The core platform of the ecosystem is the C+Charge app. Users are assigned an electronic wallet to facilitate payments when they sign up. The application will be used for the following;
- Payment at charging stations.
- Helps EV drivers keep track of their accumulated carbon credits.
- Help to find the nearest charging stations.
- Stay informed about the latest freight prices.
- Receive real-time wait estimates on how long the charge will take.
- Technical diagnosis of the charging station.
C+Charge has partnered with established companies in the EV space to develop its network of charging stations. For example, they have partnered with Phihong, the largest manufacturer of EV equipment, to provide charging equipment.
The project is currently hosting a pre-sale of its native token, CCHG, which is required to pay for charging on the station network. The presale is scheduled to take place in four phases, with the price increasing as each phase is completed. For example, the first stage will sell CCHG for $0.013 and the second stage will sell CCHG for $0.0165.
4. IMPT – An environmentally friendly ecosystem that reduces carbon footprints for individuals and businesses.
IMPT has one of the highest potentials for investors in 2023 after completing one of the best cryptocurrency pre-sales during the crypto winter. The pre-sale raised more than $20 million during one of the most challenging periods for cryptocurrency in 2022, showing overwhelming support for the environmentally focused platform.
IMPT allows users to reduce their carbon footprint and contribute positively to the environment by purchasing and earning genuine carbon credits. The ecosystem contains the following products;
- Carbon Marketplace
- Shopping Platform
- Social Platform
Its carbon marketplace allows users to be sure their carbon credits are real as they are fully traceable on the blockchain, eliminating fears of carbon credit fraud such as double counting.
The carbon market also allows users to sell and withdraw their carbon credits. When a credit is withdrawn, it is sent to a prepaid address to be removed from circulation.
Allowing users to purchase and withdraw carbon credits quickly opens doors for the average consumer to offset their carbon footprint. Before IMPT came along, individuals and companies often needed help with an easy method to enter the carbon credit market, previously reserved for large-scale companies.
Another reason why IMPT became such a successful sales pre-sale was due to its shopping platform, which allows users to earn carbon credits for shopping at their favorite brands. IMPT announced thousands of world-famous brands as affiliates of its platform, attracting a wave of investment during pre-sale.
All affiliated brands have allocated a small percentage of the sales margin to environmental projects like IMPT. When a buyer makes a purchase, the sales margin is held in their account as IMPT until they reach a threshold to redeem it for a carbon credit.
Overall, IMPT has a lot of potential in 2023 as it will help propel the industry towards a greener future and do its part to help combat climate change. The carbon marketplace is expected to launch in February 2023, and the purchasing platform will launch in April 2023, setting the stage for an explosive year in 2023.
5. Tamadoge – A fun P2E game creating waves in the memecoins sector.
Tamadoge took the memecoin industry by storm in mid-2022 after being able to surge over 1,800% from pre-sale prices and become one of the most popular new memecoins of the year. The success that followed the pre-sale put Tamadoge on the map as the next Dogecoin and Shiba Inu competitor and has laid a solid foundation to give it strong potential in 2023 following the release of its game and metaverse.
Tamadoge is a fun game that everyone can play, regardless of their interest in cryptocurrency. The game allows users to breed, train and fight against the small Tamadoge NFT pets to earn points and move up the rankings. The player with the most points at the end of each month can claim all the chips in the prize pool.
TAMA holders are now eagerly awaiting the release of the P2E game, which is scheduled to release in Q3 2023. On top of that, Tamadoge investors are also expecting the entire P2E Arcade to be released around the same time, which will include more games. to win from The team recently released screenshots of some of the games, which made the headlines very excited;
In addition to P2E and arcade play, investors are eagerly awaiting the launch of the augmented reality app, scheduled for Q4 2023. The AR app will elevate the memecoin industry and allow NFT holders to train their pets as if they were living in the same room as them.
Overall, Tamadoge has a lot of potential in 2023 to grow after a flourishing 2022.
6. Battle Infinity – The world’s first NFT-based fantasy sports ecosystem.
Battle Infinity is another token with strong potential in 2023 after a successful pre-sale in 2022. The project is the world’s first blockchain-based fantasy sports league platform embedded in the metaverse. It allows users to create their strategic teams, filled with sports stars, to fight head to head with other teams and win.
Battle Infinity was extremely successful in early 2022, selling out the entire allotment 66 days ahead of schedule. The overall ecosystem consists of six different products;
- IBAT Premier League
- IBAT Battle Swap
- IBAT Battle Market
- IBAT Battle Games
- IBAT Battle Arena
- IBAT BAttle Staking
The main feature is the IBAT Premier League, the first P2E fantasy sports game based on NFT.
When a user registers for the IBAT Premier League, he must purchase an NFT pass to enter the leagues. The NFT Pass gives them the budget to start building their sports teams, full of real-life sports players.
IBAT has created a scoring system for sports such as cricket, football, and basketball, in which players on the fantasy team earn points for performing well in real-world matches. At the end of a battle, the fantasy team with the most points wins, and the wager rewards the team owner.
In addition to the fantasy sports league game, IBAT plans to launch a whole P2E arcade game to allow users to earn more. Players will need to stake the IBAT token to enter these games, which provide rewards for winners.
In addition, IBAT will also be launching a Battle Arena to allow players to connect to the metaverse to explore, socialize, and attend events.
In late 2022, IBAT launched Battle Staking, which allows users to earn up to 25% APR by staking their tokens.
Overall, IBAT has great potential to grow in 2023 following the launch of its flagship product that will attract players from fantasy sports leagues across the internet.
7. Polygon – The best scaling solution for Ethereum.
Polygon is one of the most popular scaling solutions for Ethereum, with a lot of potential ahead in 2023. Although Ethereum transitioned to proof-of-stake in 2022, there is still a need to provide a scaling solution for the blockchain. help. achieves mass market adoption. Polygon offers the solution.
The Polygon ecosystem allows developers to get fast and cheap transactions that are secured by the Ethereum blockchain. Launched in October 2017, Polygon has been a strong contender for the number one scaling solution for Ethereum. It has helped reduce transaction costs and increase performance on the Ethereum network. As a result, Polygon is often the preferred choice for developers who want to build scalable decentralized apps on Ethereum.
Polygon has racked up a number of partnerships in 2022, despite grim market conditions. The partnerships secured by Polygon are relatively high profile and include big names like Starbucks, Meta, Stripe and Reddit. It was also the only scaling solution involved in the Disney accelerator program.
Overall, Polygon remains a staple in the DeFi industry and will be an integral component of the ecosystem until 2023.
8. Theta Network – A decentralized video network rivaling platforms like YouTube and Twitch.
Theta Network is a video network that allows users to share videos in a decentralized way. Theta Network creates a mesh of P2P nodes that use the blockchain to create a decentralized video delivery network that streams videos online.
Users join Theta Network to share their bandwidth, which forms the infrastructure for online video sharing. The underlying blockchain provides an incentive mechanism for users to participate, as they are rewarded for sharing their additional bandwidth.
Theta Network allows developers to create decentralized video streaming services that rival YouTube and Twitch.
Theta Network has a lot of potential in 2023 as censorship on centralized platforms continues to increase. Using a decentralized infrastructure, content producers can share their content without worrying about being demonetized or banned for their views.
Theta Network is gaining ground after Google, Blockchain Ventures, Samsung, Sony and Binance signed up to be Enterprise Validator Nodes on the network which is governed by Theta Network through the validator and the Governing Council.
If Theta Network can continue to grow and attract high profile content creators to its decentralized web streaming platform, the token has a lot of potential to grow in 2023.
Conclution
Overall, the projects on this list possess some of the highest potential to start growing in 2023. This is because each project here has a unique concept with a strong team behind them ready to push the boundaries of their relative sector.
The great thing about most of the projects on this list is that they are still in the very early stages of their life cycle, with some even still in the pre-sale phases. This provides the perfect opportunity to start building positions at lower prices as we head into 2023.
In our opinion, the project with the most potential on this list is FightOut, which plans to revolutionize the move-to-win industry. Rewarding users for being healthy is a perfect way to build a large user base. Gamifying the healthy lifestyle sector and including a wide range of exercises will certainly help FightOut thrive in 2023.
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