The best cryptos to buy now based on the potential for 2023

0
73

Blockchain technology is revolutionary and seen by many as the vehicle for progress in the 21st century as it could change the landscape of the global economy forever. This is exactly why there are so many promising investment opportunities in Web3, as the blockchain ecosystem is home to world-changing technologies such as virtual reality metaverses, play-to-earn mechanics, and decentralized finance applications.

For investors looking to capitalize on the cryptocurrency movement and enter the crypto industry, here are the 6 best cryptocurrencies to buy right now:

  • Metacad (MCADE)
  • Dogecoin (DOGE)
  • The sandbox (SAND)
  • Ethereum (ETH)
  • Chain link (LINK)
  • Illuvium (ILV)

1. Metacade (MCADE)

Metacad is the largest on-chain arcade, offering a wider range of experiences to play to earn than anywhere else. The crypto project aims to become a hub for the GameFi community as it will showcase the latest trends, top alpha and a range of additional features designed to directly serve blockchain gamers.

The metaverse arcade itself will be home to many different games each of which will have integrated financial rewards for players. These games can be played both casually and competitively as gamers can participate in paid tournaments to compete against other arcade gamers. So far, those who participated in the presale launch have had the chance to win real rewards such as mini arcade machines

as good as this, Metacad creates new jobs for Web3 users. The Work2Earn feature will connect users to paid job opportunities and enable a growing workforce for blockchain technology. Users can be paid to test new play-to-earn games, as well as part-time or full-time roles on Metacade’s partner projects.

The Create2Earn mechanic will stimulate knowledge sharing in the Metacade. It will reward content creators with cryptocurrency for providing value to the ecosystem, by posting game reviews, sharing insights or interacting with other members of the Metacade community.

To drive the overall level of innovation in blockchain gaming, Metacade is introducing a fundraising program called Metagrants. This allows gamers to vote for the best new one play to earn arcade games before Metacade funds the developers to help realize the idea, making it a kind of governance token.

Why buy MCADE?

The MCADE token recently launched its pre-sale event and sold out in a short time during the beta phase. The project is in high demand and looks set to grow significantly in the coming years.

Metacade could become a leading GameFi platform due to its unique capabilities and useful services that will appeal to many millions of users around the world. With that in mind, Metacade is the best crypto asset to buy right now, with the chance to make big profits in 2023 and beyond.

See also  Hodlnaut eyes liquidation after creditors reject restructuring plan

>>> You can participate in the Metacade presale here <<

2. Dogecoins (DOGE)

Dogecoin (DOGE) is the second best crypto to buy right now. It was created in 2013, with its origin based on a light-hearted joke and creating the term meme coin. However, Dogecoin has received serious attention due to its popularity as a digital asset and the dedication of the people in the DOGE crypto space.

The Dogecoin blockchain can handle cross-border transactions in a secure manner because it is forked, of a fork, of a fork, of the Bitcoin blockchain – that is, it is forked from LuckyCoin, which is forked from Litecoin , which was forked from Bitcoin.

DOGE has grown in stature and has now become a top ten cryptocurrency by market capitalization. It has a large and dedicated online crypto community that often posts dog-inspired memes on social media.

Why buy DOGE?

DOGE has been on a grand scale promoted by Elon Musk on social media, leading to an increasing number of users with the DOGE token. An important result of this is that Dogecoin is now developing more tools and has real utility as it is accepted by an increasing number of merchants as a valid form of payment – both online and offline.

DOGE could grow significantly from its current price level, making it one of the top crypto assets to buy right now. The token is currently worth $0.08 with a long-term price target of $1.

3. The sandbox (SAND)

The Sandbox (with its native cryptocurrency SAND) is the third best cryptocurrency to buy right now. It is an Ethereum-based gaming platform that allows users to monetize content, build communities, and play user-generated video games. To do this, The Sandbox has released an in-game toolkit that allows anyone to build gaming experiences and earn game items.

The Sandbox virtual world uses blockchain technology to provide players with a secure environment to own their data, create assets and trade them as NFTs (non-fungible tokens). The game offers an accessible way to create metaverse-based experiences with little to no programming experience.

SAND is used as a medium of exchange in The Sandbox’s integrated marketplace. The process of buying and selling NFTs has resulted in a full-fledged in-game economy, where users can earn crypto rewards for the time and effort spent building and creating in the virtual world.

Why buy SAND?

The Sandbox helps advance virtual reality metaverse gaming. More and more users are flocking to GameFi to take advantage of its inherent benefits, namely integrated financial rewards and self-custody over in-game assets.

See also  Crypto Prices Rise During Strongest Rally in 9 Months, But Why?

The Sandbox also offers its players a high degree of freedom to create anything that can be imagined. This element of gameplay is reminiscent of Minecraft, the best-selling PC game of all time. This shows the long-term potential that The Sandbox could have, which is why it is one of the best cryptos to buy right now.

4.Ethereum (ETH)

Ethereum (ETH) is the fourth best crypto to buy right now. ETH is the second largest cryptocurrency by market capitalization due to the fact that it was the first Turing complete blockchain solution. This means developers were able to create software applications on the blockchain for the first time, leading to the development of what users now refer to as “Web3.”

Developers can create smart contracts on the Ethereum blockchain, enabling blockchain transactions to be executed automatically. This was a breakthrough innovation that enabled decentralized applications (dApps) to develop. These applications can run without the need for third parties, which is a revolutionary new way to create and maintain online services.

Ethereum is now the largest ecosystem of dApps in the world Web3, supporting more than 2000 independent blockchain projects. ETH is used to pay transaction fees on the network and to reward block validators for securing the infrastructure. The ecosystem has expanded the scope and scale of blockchain technology, pushing both businesses and users to a higher level of decentralization.

Why buy ETH?

The Ethereum blockchain has recently migrated from a proof-of-work consensus protocol to a proof-of-stake mechanism. This allows the ecosystem to operate at a much lower cost to the environment. It can also process a greater number of transactions at the same relative energy cost, making it significantly more efficient than in the past.

ETH has the potential to grow significantly from the current USD 1,200 price level. It is expected to form new all-time highs over time and could break the $10,000 mark in the next crypto bull market. For this reason, it is one of the best cryptos to buy right now.

5. Chain link (LINK)

ChainLink (with its native token LINK) is the fifth best crypto to buy right now, with a market cap of 3.2 billion. It is a decentralized open-source oracle network that provides real-world data and events for use by smart contracts. ChainLink enables the blockchain to communicate with sources outside the chain in a secure, reliable and privacy-preserving manner.

By connecting existing infrastructure, ChainLink enables developers to easily build applications on Ethereum and other blockchainsenabling users to take advantage of access to automated, trusted services across different networks.

ChainLink’s secure, reliable and interoperable digital infrastructure supports the development of innovative DeFi (Decentralized Finance) tools. It is a unique solution that can be used across the Web3 ecosystem as the project has the ability to connect remote systems at scale and provide permissionless security guarantees that other options cannot match.

See also  Metacade's (MCADE) presale is selling out during the crypto winter - here's why

Why buy LINK?

LINK is one of the most widely used solutions in the Web3 world. As an oracle, the ability to capture off-chain data on the blockchain for use by independent projects and applications is extremely valuable.

The LINK crypto token looks likely to rise significantly from its current price of $6. This makes it one of the best cryptos to buy right now.

6. Illuvium (ILV)

Illuvium (ILV) is the sixth best crypto to buy right now. It is a game to earn that puts users in an awe-inspiring landscape in virtual worlds. The metaverse world uses virtual reality technology to enhance immersion. In addition, the game has photo-realistic graphics that add to the overall experience.

In terms of gameplay, Illuvium has a complex storyline that gamers can follow and a vast open world map that can be explored. Unique collectibles minted as NFTs can be found within the open world.

Users can collect, buy, sell or compete with NFTs against other players PvP matches. Also at the heart of the game is the game-to-earn mechanism, where users earn rewards such as ILV tokens for completing missions, winning battles, and progressing through the story.

Why buy ILV?

Illuvium has been described as the first AAA-quality game built on the blockchain. It is an advanced gaming experience that combines elements of traditional gaming with blockchain technology.

The ILV token could grow to a value of over $1000 – which would be a 20x profit from the current price level. This makes ILV one of the best cryptos to buy right now.

Metacade: The number one best crypto to buy right now

The Metacade presale event is an excellent investment opportunity. The game could grow into one of the leading metaverse crypto projects out there, giving it massive upside potential from its current price level. Metacade cannot be purchased through a decentralized cryptocurrency exchange or centralized exchanges, it can only be obtained directly through a pre-sale. It can be purchased with both USDT (which is tied to real fiat currencies) and Ethereum (ETH)

MCADE launched at just $0.008 per token and is expected to increase by $0.02 before the end of their crypto presale. This gives early investors only limited time to get involved before the inevitable explosion.

You can participate in the Metacade presale here.

LEAVE A REPLY

Please enter your comment!
Please enter your name here