The best crypto-currencies 2023

Crypto-currencies are a tempting prospect for a quick profit. However, where there is a lot of money on the horizon, there is always a lot of risk. On the other hand, he who does not risk does not win. Check out which crypto-currencies have a future?

Which crypto-currencies have a future?

There has only been one crypto-currency king for years, but other virtual coins, payment networks based on blockchain technology, but faster, cheaper and more innovative, are hot on his heels. Which crypto -coins are worth keeping an eye on in 2023?

• Bitcoin
• Ethereum
• Monero
• Litecoin
• Solana
• Rushing
• Zcash

Each of the above crypto-currencies is at least a few years old, stands out for something and is at the forefront of virtual coins with the highest rate. They can be purchased on the most popular crypto currency exchanges. You can find their comparison here :

The best and most serious platform for investing is by far Binance

Bitcoin

It is the most popular crypto-currency in the world, one can even say that it is synonymous with it. Even if someone doesn’t know what crypto-currencies are, they know what Bitcoin is.

The second half of 2021 brought record rates for Bitcoin, and in July it was still in a hole. In November 2021, Bitcoin’s rate climbed to over 230,000. zloty.

The oldest crypto-currency brings very high profits during the growth periods. However, every coin has two sides and these days you have to pay a lot to buy it. Answering the question of which currencies have a future, Bitcoin has been at the top of the most popular and expensive crypto-currencies for years.

Notable altcoins are also Wrapped Bitcoin, which is the equivalent of Bitcoin on the Ethereum network. Exchanged with Bitcoin at the same price.

Benefits of Bitcoin

• Anonymity during the transaction.
• No middlemen – Bitcoin payments bypass middlemen (P2P) and additional costs (such as currency conversion).
• Quick transfer to the account – the other party does not wait a few days for the transfer, Bitcoins are quickly credited to the recipient’s account and no matter where a person is in the world.
• It can be used to pay for goods and services, both online and in the real world. In Poland, you can also pay with Bitcoin. Payment is very simple, including by Visa card.
• Inflation protection. The designated Bitcoin limit is 21 million. It will take some time to reach this number.

Disadvantages of Bitcoin

• Large fluctuations in exchange rates.
• Bitcoin mining consumes a lot of energy and takes a long time.

Bitcoin Predictions

The best crypto-currencies, and Bitcoin is one of them, are subject to virtually no trends. A high jump can be followed by a big fall. Therefore, forecasting in the case of crypto-currencies is not easy.

Bitcoin, on the other hand, is the oldest crypto-currency and there is no indication that it would give way to others. The rate differences between this one and the next are so great that experts are looking positively at the further development of Bitcoin. It is not without reason that we talk about digital gold.

Bitcoin Chart

Ethereum

It is considered the second most popular crypto-currency in the world. Ethereum, on the other hand, is not a currency, but a decentralized platform based on blockchain technology . Supports P2P contracts and DApps. The digital currency that can be paid in Ethereum is Ether, or ETH for short.

The Ethereum network is used to make payments between users, like other such platforms. There are many differences between Ethereum and Bitcoin. The Ethereum platform handles more transactions in less time. Another difference between them is the offer. Bitcoin’s upper limit of supply is 21 million. Ethereum’s supply is not limited by anything.

Ethereum offers much broader possibilities than Bitcoin. It is considered a new form of Internet, which is not under the control of any particular person or company. With Ethereum, you can create decentralized applications in blockchain technology, dapps, and enter into smart contracts (digital contracts). In a nutshell, comparing Bitcoin to Ethereum, the former is a digital currency that is used to pay and can be stored in a virtual blockchain environment. Ethereum has a much broader application.

Benefits of Ethereum

• Independent of governments.
• Decentralized – there is no company or person behind it.
• Anonymity in transactions.
• Smart contracts can be used in a variety of spaces.
• Availability – anyone can invest in ETH.

Disadvantages of Ethereum

• Updates are introduced with a delay, resulting in a slower pace of transactions and a higher cost.
• ETH’s price depends on the success of the platform.

Forecasts for Ethereum

The first few weeks of December 2021 are a time of dramatic increases in the ETH rate. Thinking about the crypto-currencies to invest in 2023, Ether is one of the most popular. The network is growing very well, which is reflected in the rate.

Ankr

ANKR is a crypto-currency that aims to democratize the Internet. By using Web3 technology, ANKR makes more efficient use of companies’ excess computing resources. This provides cloud computing solutions via blockchain.

While Web3 is still in its early stages of development, ANKR is a credible contender for the future currency of the Internet. The token has risen significantly this year, making it one of many solid investment options.

Advantages of Ankr

ANKR aims to be a decentralized competitor to services such as Google Cloud or Microsoft Azure . These are the current market leaders in consumer cloud solutions.

ANKR crypto-currency acts as a revenue stream for companies that offer cloud computing power to consumers and developers. This means they can effectively use their unused digital assets to turn losses into potential profit. For consumers, cloud computing becomes cheaper and more efficient.

Predictions for Ankr

At the time of writing, the ANKR crypto-currency is valued at $0.096 , making it one of the cheapest crypto-currencies available. This is largely due to its application to something other than investing or trading. Still, it’s potentially very affordable. The achievable price bar serves as an incentive for novice crypto-currency investors who can gain over time. It is also known that price alone cannot be suggested, regardless of the total number of tokens or the number of coins in circulation.

Monero

Monero (XMR) was created in the first half of 2014 and, like other crypto-currencies, is based on blockchain technology. This crypto-currency is considered one of those that offer the greatest anonymity. Not only the sides of the transaction are hidden, but also the amount.

Interesting crypto-currencies include Monero . It is present on the largest crypto-currency exchanges in the world. Also on Polish exchanges.

Unlike Bitcoin, Monero’s supply is not limited. There is also a difference in the mining of the currency.

You can make fast payments with Monero, no matter where you live. No intermediaries and no fees for them.

Advantages of Monero

• Confidentiality, total anonymity, privacy.
• Monero gathers a large community around it, including people who create crypto-currencies.
• It can be used to pay for various transactions.
• Not under any jurisdiction.

Disadvantages of Monero

• Anonymity favors the use of Monero in illicit business.
• Transactions using Monero are more complicated, which results in a large amount of space being taken up.

Predictions for Monero

Which crypto-currencies to invest in in 2023, is Monero one of them? According to analysts, there is a lot of potential in this virtual currency. One of the reasons indicated for the rising prices and interest in it is the anonymity of the transaction, far superior to that provided by Bitcoin. The growing interest in Monero has already resulted in significant price increases.

Investors are looking for certain investments, while interesting crypto-currencies are not characterized by a stable exchange rate. You can earn the most on price drops and increases, in Monero there are both.

Litecoin

Another altcoin worthy of attention is LTC – Litecoin. It is a crypto-currency very similar to Bitcoin, but with a much lower rate. It is based on the main source code of Bitcoin . Behind LTC is a former Google employee. He gave it a virtual life in 2011. LTC is supposed to be easier and faster to mine, and the transaction costs are lower. This translates into the Litecoin rate – the difference between Bitcoin and LTC is a spread, something like gold and silver.

The best and least known crypto-currencies live in blockchain technology. And LTC is no different. Like Bitcoin, Litecoin has a limited number of virtual coins. In the case of the latter currency, there are 4 times more – 84 million.

Benefits of Litecoins

• Simple technology (comparing blockchain with for example Ethereum).
• Low transaction costs.
• Decentralization.
• Lack of supervision by states, financial institutions, etc.
• Available for over a decade – a safe and stable piece.
• Fast transaction processing (compared to Bitcoin, for example).

Disadvantages of Litecoins

• Used for payments on the dark web.
• The creator of LTC sold his pieces in 2017, when their price reached a high value, the price then fell sharply.

Litecoin Predictions

The similarity to Bitcoin makes LTC an interesting crypto-currency, but will it be profitable in 2023? LTC is characterized by strong fluctuations in the exchange rate, and after the coins were sold by their creator, the price dropped sharply for a short period of time. The rate is similar to Monero. These are the best crypto-currencies of the moment, next to Bitcoin and Ethereum.

Analysts predict that the price of LTC will fluctuate in 2023, both up and down. Others predict that it will mostly increase.

What currencies have a future, is LTC one of them? Yes, otherwise it would not be on this list.

Solana

If you’re wondering which crypto-currencies to invest in in 2023, Solana could be a hit. This crypto-currency is said to be disrupting blockchain technology . And the price of the Solana crypto-currency is rising rapidly. In short, SOL are altcoins worthy of attention, perspective and at the same time surprising innovation.

SOL uses the blockchain, but in a refreshed and different edition, thanks to which it is possible to perform thousands of transactions per second. This is mainly a great competition for Ethereum, which also uses smart contracts. Solana, on the other hand, is faster. In addition, it is believed to be the fastest blockchain.

Another advantage is that transactions have low costs compared to other virtual coins. The Solana project is still growing, which is a good sign for those interested in SOL.

Advantages of Solan

• Speed of transactions.
• Low transaction costs.
• It is constantly evolving.
• Participants in the transaction can be miners (no expensive equipment is required).
• Several hundred Daaps.
• Innovation.

The disadvantages of Solan

• High interest reveals SOL’s shortcomings, there has already been a power outage, and after one of the attacks, the rate dropped sharply,
• More centralized than Ethereum.

Forecasts for Solan

Some maliciously say that SOL is the killer of Ethereum. However, the creator himself emphasizes that his goal is not to fight and hopes that both blockchains will grow.

What currencies to invest in 2023 is Solana. In 2021, SOL was hailed as the fastest growing smart contract network.

What are the predictions for SOL? In general, analysts see this crypto-currency and its future positively. A price increase is expected, but if it will be so, time will tell, as nothing is certain in the world of crypto-currencies.

Rushing

Interesting crypto-currencies are very similar to Bitcoin and this is another one. Anyway, based on the BTC source code. The original names of Dash are Darkcoin and Xcoin. It is based on blockchain technology, like other notable altcoins. Its creators have determined that about 18 million coins will be introduced into virtual circulation, which will happen slowly until 2050.

Benefits of Dash

• Decentralization.
• Anonymity.
• Transaction security.
• Faster transactions than BTC.
• Low transaction costs compared to BTC.
• Community infrastructure.

Disadvantages

• There is no option to check the history, which can be used to make illegal transactions.

Predictions for Dash

Dash is characterized by large fluctuations in exchange rates, but as you can see from the previous crypto-currencies, this is not only the domain of this virtual currency. As far as what currencies to invest in in 2023 and whether Dash will be a successful investment, there is a chance that you can win on it. However, there may also be significant price drops.

Zcash

In short, ZEC – is a crypto-currency that may not be very well known, but it is gaining interest and is among the crypto-currencies with the highest rates. They are close to several previous virtual coins. Therefore, ZEC completes the list of the most interesting crypto-currencies.

Zcash uses the same technology as BTC and is basically a very similar crypto-currency. In the payment system of the same name, you can transfer funds anonymously. ZEC also performs public transactions, which distinguishes it from other altcoins.

The currency was created in 2016, so it has a short history compared to BTC. Like other crypto-currencies created on the BTC source code, its supply is limited – about 21 million. Currently, there are about 5 million.

Benefits of Zcash

• Anonymity.
• Confidentiality.
• Security.
• Easier to mine than BTC.

Disadvantages of Zcash

• If the correct option is not selected, the transaction will be executed as public.
• It is accused of partial centralization.
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How to invest in crypto-currencies?

Investing in crypto-currencies is not complicated. You will definitely spend more time deciding which crypto-currencies to invest in 2023.

Just like the stock market, the goal is to buy at the lowest possible price and sell at the highest possible price. Therefore, in order to make money, it is worthwhile to regularly watch the charts and exchange rate changes.

Which altcoins are worth your attention? Whose price is steadily increasing? What are the predictions for virtual coins that are down? The answers to all these questions reduce the risk of a failed investment.

Recommended crypto-currency exchanges

According to our tests and user feedback, the most interesting and user-friendly solution is to invest in crypto on Binance.

It’s the same with crypto-currencies as with the stock market, a missed investment is a loss, a hit is often a very big profit. In the case of virtual coins, much higher than in the stock market. Crypto-currency rates fluctuate considerably and shoot in a period of decline, then feel the moment it reaches its peak, brings good profits.

As with other investments, it is important to know about specific altcoins, check rates, charts and forecasts. The winner is the one who knows how to calculate and the one who cares about the diversification of his portfolio, no matter what type of investment.