According to experts, Cryptocurrency is going to be the future of investment. There are already many examples where you can see how a person become super-duper rich by investing in crypto. But it is also a fact that cryptocurrency is risky too. If we talk about the year 2022, crypto made many person millionaire, billionaire but also made a huge number of people very poor. It may be because of Cryptocurrency’s hype people invested in cryptocurrency without knowing which crypto is best for investing. And they end up loosing their money. This blog is going to help every on of you whether your are a beginner or you are a pro. You are going to know which are the top 10 Cryptocurrency you should look up in 2023.
Let’s start the blog. ..
Cryptocurrency is a digital currency and it is created to be used over the internet. Cryptocurrency is decentralized digital money that is not exist in physical form like paper money.
Cryptocurrency is based on blockchain technology and it is used cryptography to secure transaction. Cryptocurrency generally not issued by any central authority, bank Or government. Cryptocurrency are managed by peer-to-peer networks of computer system that can enable anyone anywhere to send Or receive payments.
Now, I hope you have a clear idea of what cryptocurrency is. So, now we are going to see the top 10 cryptocurrencies in which you can invest in 2023. We made the list according to market capitalization (in short market cap.). So, the crypto with highest market cap. Will be on the top of the list. Let’s jump to the list.
Bitcoin is one of the most reliable Crytocurrency. It was invented by an unknown (mysterious) person or group of people using the name Satoshi Nakamoto in 2008. Bitcoin went live for trading on 3rd jan 2009 started at $0 and now the current price of one Bitcoin is $16,958 dollar. You can calculate The growth of Bitcoin from 2009 to 2022. It’s just amazing. The current market cap. Of Bitcoin is $316B. Many top investors invested in Bitcoin. So, you can add this crypto in your watchlist for 2023.
2) Ethereum (ETH)
Ethereum is a technology for building apps and organisations, holding assets, transacting and communicating without being controlled by a central authority. Ethereum has it’s own crytocurrency, Ether, which is used to pay for certain activities on Ethereum network. Ethereum was invented in 2013 by programmer Vitalik Buterin. It went live on 30 july 2015. Currently the price of 1 Ethereum is around $1276 dollar. The current market cap of Ethereum is $157B dollar. It’s also one the best crypto to watch for 2023.
3) Tether (USDT)
Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. It was launched by the company Tether Limited Inc. in 2014. It is also called as stablecoin because It was originally designed to be valued at USD $1.00. The current price of 1 Tether coin is USD $1. The current market cap of tether is USD $66 billion. It will look great to your 2023 watchlist.
4) Binance (BNB)
Binance is a crytocurrency exchange which is the largest exchange in the world in terms of daily trading volume of crytocurrencies. It was founded by a developer Changpeng Zhao in 2017. Binance launched his first Cryptpyocurrency in July 2017 named Binance coin (BNB). Now, it is trading around USD $296. It’s current market cap is USD $47 billion.
5) USD coin (USDC)
USD coin (USDC) is a stablecoin like tether that is fixed to the U.S. dollar on a 1:1 basis. Every unit of this cryptocirrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The centre consortium, which is behind this asset, says USDC is regulated by financial institutions. USD coin’s price is $1. The current market cap. USD coin is USD $43 billion. It’s also an trader’s top choice. You can add this.
6) Binance USD (BUSD)
Binance USD is a US Dollar pegged stablecoin issued by Binance. The current market cap of Binance USD is USD $22 billion. It has good potential. You can watch this for 2023.
XRP was created by Ripple. Ripple is a real-time gross settlement system, currency-exchange and remittance network created by Ripple Labs Inc., a US based technology company. It’s current market cap is USD $20 billion.
8) Doge Coin
The market cap of Doge Coin is USD $13 billion. Dogecoin is a crytocurrency created by software engineers Billy Markus and Jackson Palmer. It is also famously known as meme coin. It’s an interesting crypto. You should closely watch this for the next year.
Cardano was created in 2015 by Charles Hoskinson. It is a blockchain platform. It is one of the biggest crytocurrency. The current market cap. Of Cardano is around USD $10.94 billion. It’s one of the trader’s favorite crypto. So, you should always give a close look on Cardano for 2023.
Polygon is an Indian blockchain platform that enables blockchain networks to connect and scale. It is formerly known as Matic coin released in 2017. The totat market cap. Of Polygon is USD $8 billion. It’s one of the best crypto. It always rank in the top crypto across the globe. Add this to your watchlist now.
We have come to the end of the blog. One thing is important to keep in mind that this blog was written according to the market cap. of cryptocurrencies. But it is not necessary that you should invest by just seeing the market capitalization. There are many other factor to check before investing. How will you know about those other factors? The only answer of this question is you have to search by yourself. You can search on internet. You can follow our site regularly and some other site too. We always try to share the best and correct information to our visitors.
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