It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumbled from about $2.2 trillion at the beginning of 2022 to about $850 billion in December.
The bear market period tends to test investors’ patience, but it offers one of the best opportunities to buy fundamentally sound cryptos at lower prices.
Smart investors who can go against the herd and invest during these periods of panic tend to benefit the most when the trend eventually turns.
In this article, we will discuss the top three cryptocurrencies showing promise for 2023.
Polygon, previously known as Matic Network, is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s network’s major limitations—including its throughput, poor user experience, and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution, Polygon is designed to be an entire platform designed for launching interoperable blockchains.
The Polygon platform allows developers to launch preset blockchain networks with attributes tailored to their needs. These can be customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Many traders and analysts consider this project quite promising and predict its price will rise both in the short- and long term.
Theta is a blockchain platform that seeks to incentivize a global network of computers to operate a decentralized video streaming platform.
Today, content delivery networks (CDNs) are paid to deliver video stream content to end-users. Due to being restricted by their locations, existing CDNs cannot keep up with increasingly high-quality streams.
Theta allows its global community of users to relay videos by offering their spare bandwidth and computing resources and rewards them for doing so.
As more users join the Theta platform, more bandwidth is available, thereby improving the streaming quality of the videos on the network.
Central to its operations, Theta boasts two native tokens, $THETA coin, for voting on changes to the protocol, and $TFUEL, for executing transactions.
Theta is also open-source software. This increases the potential for anyone to create new services and applications on top of it.
Theta is poised to bring a bullish wave to investors’ crypto portfolios as the token has a bright future with solid fundamentals.
HedgeUp intends to be the first global alternative investment platform within the cryptocurrency sphere to provide access to a wide range of products for the everyday person.
The HedgeUp (HDUP) is a new initiative that seeks to transform the alternative investment industry with a unique investment approach.
Investors worldwide who previously could not invest in assets due to the cost of these high-end assets are now allowed to do so, thanks to HedgeUp (HDUP).
By fractionalizing NFTs backed by the equity of products, HedgeUp (HDUP) enables anyone to enjoy these investment opportunities for as low as $1.
HedgeUp’s ecosystem’s native token is $HDUP. The token offers its owners additional benefits, including exclusive access to equity NFT releases, online master classes, bonuses, and staking rewards.
Also, the platform has completed its audits with top auditing companies, SolidProof and CoinSniper, making it a significant investment worth buying into in 2023 and beyond.
The token is now in the presale phase; by purchasing $HDUP now, early investors can acquire the tokens before it experiences high growth in the long term.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
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