It might be an excellent opportunity to stock up on your preferred cryptocurrencies now that the market is deeply undervalued. Most cryptocurrencies are trading at their lowest, and there is not much of a decline to cover; therefore, there is less chance of losing money.
Buying these tokens can be done by spreading the investment over months to reduce the overall purchase price, using a technique known as dollar-cost averaging.
Here we look at three cryptocurrencies that are expected to perform well in 2023: ApeCoin (APE), Decentraland (MANA), and Rate That Crypto (RTC).
ApeCoin (APE)
ApeCoin is built on the Ethereum network, and ApeCoin DAO governs the token, a decentralized autonomous organization (DAO) tasked with making decisions around things like ecosystem fund allocations, projects, governance rules, partnerships, and more. All holders of the $APE token are eligible to be members of ApeCoin DAO.
The Bored Ape Yacht Club (BAYC), an NFT series from Web3 company Yuga Labs, created the token. The collection features 10,000 cartoon ape drawings, each with a distinct style and looks, with ownership of each verified on the blockchain.
BAYC has been one of the most successful NFT projects, enjoying viral popularity, including famous owners like Jimmy Fallon and Eminem.
Due to the rapid expansion of blockchain gaming and its ambition to rival traditional gaming, APE is a promising token.
Decentraland (MANA)
Decentraland is a digital game that mimics reality in a three-dimensional format. This 3-D, user-owned, Ethereum-based virtual reality world platform, or open-world metaverse, combines virtual reality, augmented reality, and the internet.
It allows users to be part of a shared digital experience in which they play games, exchange collectibles, buy and sell digital real estate or wearables for avatars, socialize, and interact with each other.
The decision of what to do with the LANDS lies solely in their owners’ hands. It can be sold for a higher price if it is put to productive use.
These LANDS have many potential applications, including creating a virtual museum and a new game universe.
Rate That Crypto (RTC)
The play-to-earn games crypto landscape is quite appealing, and Rate That Crypto makes it more interesting with the thrill of prediction.
It is a play-learn-earn game in which players can earn rewards in points by predicting the price direction of their favorite crypto tokens. The players battle each other for a position in the top 100 of the game’s leaderboard, which qualifies them for a percentage of the monthly prize pool.
Rate That Crypto also provides many educational materials and sources for its new and experienced users to sharpen their skills in crypto. It is one of the most profitable P2E games that can help users build their confidence and prepare them for live trading.
Rate That Crypto is revolutionizing the gaming industry, with many opportunities for players to earn digital goods, including cryptos and NFTs.
Thanks to its deep gameplay mechanics and balanced game design that keeps things nice and easy, the Rate That Crypto has garnered broad community support since its launch.
Rate That Crypto currently offers its native token, $RTC, on presale to enable investors to take advantage of a low-priced asset that many experts have predicted will give 100x returns in 2023.
Investors wanting easy access to affordable assets should act now because there is a limited supply of $RTC in the presale, and the token looks to surge in value once it gets listed on major exchanges.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
