Forecast: The Best Cryptos to Buy Now for 2023 Gains

Published on:

The world of Web3 is filled to the brim with exciting investment opportunities. Whether looking for 10x gains, 100x gains, or sometimes even 1000x gains, cryptocurrency can produce insane returns due to its unique characteristics as an asset class.

The cryptocurrency market is filled with disruptive technologies such as blockchain, artificial intelligence, virtual reality, and play-to-earn (P2E) game mechanics. The combination of these technologies can result in sky-high valuations for new projects in the space.

With that in mind, here are the eight best cryptos to buy right now for gains in 2023 and beyond:

  • Metacade (MCADE)
  • Avalanche (AVAX)
  • Polkadot (DOT)
  • Enjin Coin (ENJ)
  • Decentraland (MANA)
  • Quant (QNT)
  • Cardano (ADA)
  • Algorand (ALGO)

1. Metacade (MCADE)

Metacade is the best crypto to buy right now. It is the first community-driven arcade that will offer a vast range of different P2E games in a single location. The arcade games in the Metacade will offer integrated financial rewards to players, and the platform also aims to become a social hub for the Web3 crypto community.

The Create2Earn mechanic will reward content creators for sharing information and posting reviews on the platform. Metacade will display all the latest trends in blockchain gaming and be a central location to access some of the most valuable alpha in Web3.

Metacade will also advertise blockchain-based job opportunities to users who want to kickstart a career in the space. These jobs can include freelance roles and full-time positions, as well as exclusive opportunities to test out brand-new blockchain games before they are officially launched.

Metacade is the best crypto to buy right now because it can help to drive progress in blockchain gaming. In addition to its range of P2E games, job creation features, and community-driven approach, Metacade is introducing a program called Metagrants to fund the next wave of blockchain games directly. Players can earn crypto rewards through their contributions such as with reviews, win them through tournaments and use MCADE like a governance token to decide which projects get funded. What’s more, there are even real world rewards, like mini arcade machines.

>>> Crypto enthusiasts can participate in the Metacade presale here <<<

2. Avalanche (AVAX)

Avalanche (AVAX) is the second-best crypto to buy right now, with a market cap of 4.9 billion. It is a cryptocurrency platform that enables users to transact quickly and securely, taking advantage of the unique Avalanche consensus protocol, which allows 1500 transactions per second with finality in under 2 seconds.

Transactions on Avalanche are far faster compared to traditional networks like Bitcoin and Ethereum. In addition, AVAX has several built-in security mechanisms that protect messages and user identity information from being manipulated by malicious actors.

Avalanche also supports smart contracts, making it possible for developers to create decentralized applications (dApps). The ecosystem is home to many useful digital services, including a vast range of crypto rewards, staking, farming, and other decentralized finance applications (Defi Apps). The network’s innate scalability is a key reason why it’s one of the best cryptos to buy right now.

The Web3 ecosystem is expected to transition to becoming fully interoperable, and Avalanche’s ability to support Ethereum Virtual Machine (EVM) makes it directly compatible with some of the biggest blockchains in the space, including Binance Smart Chain, Polygon, and Ethereum.

3. Polkadot (DOT)

Polkadot, otherwise known as DOT, is the third-best crypto to buy right now. It is an open-source blockchain platform designed to connect a variety of blockchains into one network architecture. Developers can buy and sell parachains that are connected to Polkadot’s layer-0 network, allowing the secure transfer of crypto assets across multiple layer-1 blockchains.

The layer-0 solution is an innovative method of solving the interoperability problem in Web3. Since blockchains are designed as closed-loop systems, the bridging process can be a security risk. By securely enabling cross-chain transactions, Polkadot can help to create a true Web3 – that is, a network of blockchains that is fully interconnected.

Polkadot’s parachains system allows developers to build dApps that can be deployed on multiple layer-1s without needing to change the underlying source code. This helps to improve the overall user experience for crypto investors and makes the decentralized economy more efficient. For this reason, DOT is one of the best cryptos to buy right now for future gains.

4. Enjin Coin (ENJ)

Enjin (ENJ) is the fourth-best crypto to buy right now, with a market capitalization of 348 million. It is a cryptocurrency built on the Ethereum blockchain specifically to drive the adoption of blockchain-based games. ENJ tokens can be used to create digital assets, which are integral to the gaming experience for blockchain-based titles.

ENJ is a crucial part of Enjin’s technology stack, which includes Enjin Network, Enjin Envoy Wallet, and EnjinX Marketplace. The ecosystem relies on a wide range of features such as smart contracts, user authentication, reputation systems, and asset trading. ENJ tokens provide locked liquidity for fungible and non-fungible tokens (NFTs), allowing for instant and feeless in-game transactions on the Enjin Network.

The Enjin suite provides an accessible platform that can help game developers to create unique, decentralized gaming experiences. Transactions are made easy, which can help to improve the overall user experience for blockchain gamers. ENJ is one of the best cryptos to buy right now because blockchain transactions are integral to P2E gameplay. Enjin improves the accessibility and scalability of the process in a completely unique way.

5. Decentraland (MANA)

Decentraland is the fifth-best crypto to buy right now. It is an immersive virtual world that allows players to buy and sell metaverse real estate using MANA tokens. Land in Decentraland is fully customizable, which opens the door for any number of virtual experiences to be created.

As well as virtual land, users can purchase avatars, customizable items, and other unique NFTs in the platform’s integrated marketplace. Every Decentraland is publicly tracked in a transparent way, and every digital asset purchased by a player in the game is self-owned. The platform delivers a greater level of control to its users and allows players the freedom to monetize their experiences in a number of ways.

The Decentraland virtual world is now home to a vast selection of different virtual experiences. These experiences can include Las Vegas-style gambling, play-to-earn games, NFT art galleries, and places to socialize online. Decentraland offers advertising space, and users can sell access to events or earn tokens by trading assets that have innate financial value.

Over time, Decentraland is expected to drive the development of virtual reality technology through its unique metaverse. For this reason, it is one of the best cryptos to buy right now, as more and more users are expected to participate in virtual landscapes for work, leisure, competitive gaming, and many other online pastimes.

6. Quant (QNT)

Quant (QNT) is the sixth-best crypto to buy right now. It is a blockchain-based protocol that provides a decentralized platform for financial services. This innovative protocol utilizes Quant’s functionality, which includes Quant algorithmic stability and Quant Smart Accounts, to facilitate cost-effective transactions between all users on the Quant Network.

Quant’s security measures prevent unauthorized third-party access and manipulation of data, making it an ideal platform for carrying out secure digital asset transactions with trust and reliability. Quant also enables interoperability across different blockchain networks, including XRP, XLM, and other major cryptocurrencies. This allows for more efficient use of various financial services like payments, asset management, and identity management within a single framework.

QNT is one of the best cryptos to buy right now because it provides the tools needed to revolutionize the digital asset transaction space and make global financial systems more accessible and secure than ever before. Coupled with other blockchain solutions, the ecosystem can help to improve efficiency within the global financial system.

7. Cardano (ADA)

Cardano is a layer-1 blockchain and the seventh-best crypto to buy right now. It is an open-source, decentralized network that has ADA as its native token. ADA is used to process transactions on the network, providing rewards to validators and helping to secure the ecosystem.

Cardano was founded in 2017 by Charles Hoskinson, who is one of the co-founders of Ethereum. The network aims to solve the issues facing blockchains, including scalability, sustainability, and interoperability. To do this, Cardano utilizes a novel proof-of-stake consensus mechanism called Ouroboros, which enables quicker transaction processing speeds than older iterations of blockchain technology.

Since the network is Turing complete, it can support the development of dApps. The Cardano ecosystem is home to an increasing number of applications, including NFTs, DeFi (decentralized finance) services, and blockchain-based games. It is one of the best cryptos to buy right now because it will soon launch an upgrade called Hydra, which is expected to improve scalability significantly.

8. Algorand (ALGO)

Algorand (ALGO) is the eighth-best crypto to buy right now. It is a permissionless, proof-of-stake blockchain protocol designed to enable decentralized transactions and applications. It is one of the few blockchains to have solved the infamous blockchain trilemma – it can deliver scalability, security, and decentralization without sacrificing performance.

ALGO tokens are used to incentivize nodes on Algorand’s network. This helps to keep the network secure as validators process transactions, creating an efficient platform for developing dApps.

With its unique blockchain solution, Algorand could become a leading layer-1 blockchain over time. It is still relatively new, so it has major upside potential. For this reason, it is one of the best crypto assets to buy right now.

The best crypto to buy right now is Metacade

While all of the tokens on this list have significant potential for future investment returns, none can beat the predicted price action of MCADE. It is a brand-new token that recently launched its crypto presales, and the project itself could become one of the biggest names in the GameFi sector over time.

With that in mind, MCADE is a great addition to any investment crypto portfolio. The presale launched at just $0.008 per token, and the price is already rising. Metacade is expected to sell out of every funding round during its crypto presales, so investors do need to be quick to get involved before the price starts to take off. Unlike other crypto assets, Metacade can’t be bought on centralized exchanges or on a decentralized cryptocurrency exchange, you must purchase it directly. It can be purchased with either fiat currencies using USDT or can be purchased with ETH.

Crypto enthusiasts can participate in the Metacade presale here.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Source link