Investors are constantly looking for 10x growth opportunities in cryptocurrencies. The year 2023 seems to be the most important market area for long-term shareholders, as prices are relatively low in all aspects and it is obvious that they will rise again. While the crypto bull market is predicted to start in 2025, here are the five cryptocurrencies that can grow in 2023 and beyond:
● Metacade (MCADE)
● Decentraland (MANA)
● XRP (XRP)
● Shiba Inu (SHIB)
● Polygon (MATIC)
1. Metacade (MCADE)
(MCADE) can drive cryptocurrency growth beyond the confines of the GameFi industry as it builds the blockchain’s largest arcade. On Metacade, users can compete in special tournaments for MCADE token rewards by accessing a selection of different Play-to-Earn (P2E: Play-to-Earn) based games.
Moreover, Metacade connects Web3 users in new and exciting ways, which is the key reason behind the massive growth of this project in 2023. Members of the Metacade community can come together and share the latest information on blockchain-based games while earning rewards for contributing to the community.
Metacade will also pave the way for the expansion of the GameFi industry with the Metagrants program. The program will allow the Metacade community to vote on the best blockchain-based new game proposals, and then Metacade will split the funding among the developers of the respective project. For game developers, this is an invaluable service. In the process, Metacade will help take the level of innovation in Web3 to the next level.
Why Buy MCADE?
Metacade offers a community-driven P2E gaming experience in a variety of ways to generate passive income; this system will undoubtedly attract the attention of many users over time. Cryptocurrency growth has the potential to be recorded as more people will buy and hold MCADE tokens to take advantage of Metacade’s features.
Currently, the MCADE token is well below its value. During the beta phase of Presale, over $1 million in funding was raised in just three weeks as investors expect growth for the currency in 2023. The initial value of the token was only $0.008.
>>> You can join the Metacade presale <<
2. Decentraland (MANA)
Decentraland (MANA) is a virtual reality world owned by its community. It exists as part of the Ethereum blockchain. The MANA digital currency is the medium of exchange for the Decentraland platform and powers Decentraland.
Through Decentraland, users can purchase real estate within the metaverse. Users can design 3D content, custom apps and games after purchasing a parcel of land. There is virtually no limit to what users can build on the plot, helping to create a sprawling open world metaverse with different features to explore.
Decentraland allows users to set their own game rules and set up an auction system for land purchases. These possibilities could launch a new wave of opportunity for Decentraland entrepreneurs looking to monetize digital content in new and exciting ways.
Why Buy MANA?
The Metaverse has grown and is an ever-expanding field of blockchain development. Decentraland has become one of the pioneering projects that allows users to monetize their own content on the platform by creating UGC, known as user-generated content, and this has fueled its growth.
Decentralized applications (dApps) continue to grow as users seek self-control and reduced barriers to enterprise. For the first time, players can create game assets and complex digital terrains with little or no programming experience.
Decentraland has exploded in popularity in the 2021 bull market and looks set to recapture its previous all-time high of $5.91 with worldwide growth in cryptocurrencies in the next bull market. At the current price of $0.3094, MANA really stands out as a strong investment for 2023.
XRP, also known as Ripple, is a blockchain-based digital asset with real-time global payments support. The XRP network allows users for fast and affordable money transfers, saving up to 50-60% on international transactions.
XRP has many different uses, which is the key reason why analysts are expecting tremendous growth for this token. It is the local presence of RippleNet, a business-based payment system that has pioneered fintech innovation for over a decade. RippleNet uses XRP tokens for payments abroad, which can help reduce the time it takes for banks to process global payments.
XRP Ledger (XRPL) is a decentralized network that uses XRP as its native currency and supports apps and smart contracts. Different cryptocurrencies in the XRPL network use XRP to enable asset exchange. XRP is also used to pay transaction fees on the network.
Why Buy XRP?
XRP has been litigating with the US Securities and Exchange Commission (SEC) for a long time. While this situation may seem completely negative, many believe that XRP will come out of the case without a criminal prosecution. Eventually, XRP could get approval from US regulators, which could result in a significant upward move in investments.
Ripple, the company that created XRP, has already partnered with major financial institutions around the world, including JP Morgan and the Bank of England. These partnerships reflect the value of RippleNet, which can make the global financial system more effective. As a result, investors are expecting huge gains for XRP if it can successfully exit the SEC lawsuit.
Under-performing in 2021, XRP could finally record tremendous growth if positive news about the SEC lawsuit emerges. As this token can be involved in price discovery by crossing the $2 mark when the case is settled, it will be a fantastic addition to the portfolio of any investor who expects growth in cryptocurrencies in 2023.
4. Shiba Inu (SHIB)
The Shiba Inu or SHIB is a cryptocurrency that took its place on the scene by booming in the 2021 bull market. Shiba Inu is built on the Ethereum blockchain and is designed to rival another meme coin, Dogecoin. Shibu Inu has many features in common with Dogecoin; It is community driven and provides a fun starting point for newcomers to Web3.
Shiba Inu has seen tremendous growth after over 400 trillion tokens were sent to Vitalik Buterin’s Ethereum wallet. Subsequently, the founder of Ethereum burned 90% of this total token, which subsequently reached a value of $ 6.7 million. As a result of this extraordinary marketing move, the SHIB cryptocurrency saw 900% growth in value, attracting investors in the crypto world.
Since then, Shiba Inu plans to increase the usefulness of the SHIB token. Shibarium, a Tier 2 network for Ethereum, is scheduled to launch in 2023 and will provide the Shiba Inu community with a scalable and secure method for transaction transactions with SHIB. Additionally, Shiba Inu NFT supports the creation of artworks and allows community members to buy and sell Shiba-inspired artwork on its website.
Why Buy SHIB?
SHIB has already climbed into the top 20 by market cap, with the project appealing to a large number of cryptocurrency users thanks to its cheerful environment and accessibility. While meme coins often lack utility, the Shiba Inu does things differently. The SHIB coin looks set to see tremendous growth as the project expands the Shiba Inu ecosystem.
2023 is predicted to be a big year for the Shiba Inu. My Shibarium is planned to be launched, which will reduce the costs incurred in sending the SHIB token and transacting on the blockchain. DApps can also be created on Shibarium, resulting in a growing increase in use cases for the SHIB token.
SHIB is currently trading approximately 90% below its all-time high. That said, cryptocurrency growth for SHIB in 2023 and beyond could be high. It aims to regain the highs it has achieved before and to offer a real meme coin usefulness to the dog-lover community.
5. Polygon (MATIC)
Polygon, formerly known as MATIC, is a Tier 2 scaling solution designed to increase the scalability of the Ethereum blockchain. Polygon allows businesses and developers to build much more advanced dApps on the Ethereum blockchain, taking advantage of low transaction fees, increased security, and high speed of execution and can grow.
The functioning of Polygon consists of two parts: Polygon SDK and Polygon Network. Polygon Network provides the optimal consensus mechanics for managing Polygon’s smart contracts, while the Polygon SDK is a modular framework for creating various sidechains known as Polygon chains.
With the innovative use of proof-of-stake (POS: Proof-of-Stake) consensus algorithms, Polygon adds security and reliability to the Ethereum network by reducing costs and increasing system performance. This innovation serves dApp developers and aids broad cryptocurrency growth as Polygon can improve the user experience across the diverse number of apps created on the platform.
Why Buy MATIC?
Polygon is a leading Tier 2 scaling solution that helps developers build high-quality digital services and drive cryptocurrency growth in the global economy. As the blockchain continues to expand, Polygon looks set to become a widely used network, and the MATIC token will ultimately benefit.
MATIC is used at Polygon to pay transaction fees and secure this network by rewarding transaction validators. Therefore, anyone using the Polygon network needs to buy and hold some MATIC, which could result in growth.
As the blockchain generates interest in more users, the increased demand level will benefit MATIC. As a result, many investors are bullish and expect growth over time. Analysts predict that MATIC can reach its all-time high level above $2 in 2023 and see new highs in the next crypto bull market.
New Growth Opportunities in 2023
All five cryptocurrencies on this list have the potential to bring big gains in the coming years. Polygon, XRP and Decentraland are recognized projects that provide some useful services to blockchain users; The Shiba Inu, on the other hand, is apparently expanding its ecosystem for its community.
However, it is the most promising project. It is a brand new GameFi platform that is likely to deliver innovative features for a large community. It looks like it will increase its value in the presale phase.
You can buy MANA, XRP, SHIB and MATIC on eToro here. You can join the Metacade presale.