If you are looking forward to putting lights on a Christmas tree and do not want to think about money, this story is just for you. The current stability in the crypto market will likely last until the end of the first quarter of 2023.
We do not have any reasons to expect either a big Bull run or a market collapse.A big swing can happen, but it will be a big surprise to many experts.
Preparing to start investing at the beginning of the next year is important. We want to give you several coins to consider for your portfolio in 2023.
Our TOP5 picks for the next year
Bitcoin. The undisputed king of the crypto world will most certainly weather the storm and should start recovering at the beginning of the year. BTC is simply too big to fail.
Even if the price will dip to the dreaded $12K support level, it will recover and go up together with the market.
Cardano. ADA may shoot up in price in March of 2023 with the rollout of the next upgrade and the issuance of their stablecoin. Cardano will be also added to the list of supported coins in Ledger Stax. All these factors will contribute to ADA’s growth.
Algorand. The number of interesting partnerships that Algorand announced will not come to life until the next Summer. Be ready for a massive bull rally behind ALGO after a couple of interesting projects deploy on the mainnet.
Polygon. This network is continuing to expand its presence in the crypto market and establishing new partnerships like the crypto winter is not even happening. The network has immense potential to hit new highs in the next year.
Dogecoin. Many still consider this token a meme, but there is a bigger potential in it than many have predicted. Elon Musk also hinted that he might implement DOGE payments on Twitter which could help the token to skyrocket!
Do your own research!
These are picks that have a high potential to explosively rise to new highs in 2023. However, we advise you to do your due diligence and conduct some research before investing any money into crypto projects!