Jump to content

Binance’s Top Watchlist Picks For 2023


Recommended Posts

Posted

At present, Cosmos (Atom), Ethereum Classic and Monero have become the most sought-after cryptocurrencies owing to their stability and high out-turns.

For several years, investors have continued to invest and buy Bitcoin. However, the era when Bitcoin was the currency of choice for global businessmen has long since passed. Nowadays, investors choose altcoins over bitcoin. Purchases of Cosmos, Atom, and Ethereum Classic are advised by experts to yield the highest Return on Investment (ROI) and Annual Percentage Yield (APY). People can receive exceptional returns using these alternative coins.

Cosmos

Cosmos permits the transfer of money and resources between different Blockchains via IBC and Peg-Zones. Vivid evolution across the blockchain arena faced issues like sovereignty, scalability, and sustainability. Cosmos had emerged to resolve these hardest problems existing in the blockchain industry.

Let’s take a closer look at what makes Cosmos such an attractive option for DeFi users –

A Secured Platform for Smart Contracts – Users can create smart contracts and conduct blockchain-based transactions using the safe platform offered by Cosmos. This is crucial as it gives people confidence that their transactions will be secure.

Users Creating Their Own Tokens - The flexibility for users to design their own tokens is one of Cosmos' most alluring features. Numerous uses for these tokens exist, including as project funding and inclusion in cryptocurrency exchanges.

Staking Rewards & Automated Market Makers - When users lock up their money in exchange for interest payments over time, they receive staking rewards; this is the best option for investors who wish to generate passive income from their assets without actively trading on exchanges.

Is cosmos a good investment

The Cosmos network could spread its wings to a wider userbase, provided the updates materialize as per the expectations. With the rollout of V11-Gamma, NFT modules, and smart contracts, amongst others. The price of ATOM could rally to $29.5501 predicted by coinpedia, by the end of 2023 and thus yes cosmos a good investment for 2023.

Ethereum Classic

Ethereum Classic (ETC) is one such project that thrives to enable developers to build and deploy smart contracts. Ethereum Classic is the older version of Ethereum, which switched to Proof of stake with its smart contracts.

Ethereum Classic (ETC) is ideally positioned to be the foundation layer smart contracts platform of the future, as other chains become compromised or taken over by special interests. ETC wins by fusing the technology of Ethereum (ETH) with the ideology of Bitcoin (BTC).

Ethereum Classic Impressive Run

According to latest tracking from Coinmarketcap, at the time of this writing, ETC was changing hands at $20.44. Although the crypto has gained by 3.18% over the last 24 hours, it is still enjoying a nearly 30% jump from its value seven days ago. In fact, during the last two days, Ethereum Classic transaction count surged and hit a new monthly high.

ETC has facilitated a fast, cost-efficient, and better user experience. These features could uplift the Ethereum classic price to as high as $26.99 in 2023 as projected by Coinpedia experts. The average and minimum possibilities are being $22.96 and $18.94.

Monero

Monero is a privacy-focused cryptocurrency that was launched in 2014. This blockchain forms an underlying technology behind digital currencies. And acts as the public ledger of participants that showcases all the transactions on the network.

What makes Monero so special in 2023?

Three important features of Monero:

The Monero blockchain is special because it can be mined using domestic CPU’s and minimal gear. Unlike Bitcoin, where mining requires a sizable hardware infrastructure. As a result, there is still a minimal amount of energy consumption.

Anonymity - The secrecy of the Monero network which makes it so popular is anonymity. Monero employs use of ring signatures in Monero.

Low transaction fees - Monero has low transaction fees, making the network ideal for simple transactions.

Truly fungible - The network is fungible if each entity and transaction can be duplicated without being distinguished from one another.

So considering above features and on a positive note, with growing prominence and developments, the price of XMR could claim its potential high of $278.917.

  • 3 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Stock Market Indices Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis Elliott Wave Technical Analysis and Trading Strategies: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Indices look forward to higher levels in this short term bullish run. Elliott Wave Analysis SP500 (SPX): Wave i of (v) of iii) of 5 of (5) of 3) NASDAQ 100 (NDX) Wave i of (v) of iii) of 5 of (5) of 3) Russell 2000 (RUT) IWM ETF: Wave b) of 4 DAX 40 (DAX): Wave iii of (v) of iii) of 5 of (5) of 3) FTSE 100 UKX (UK100) Wave i) of 5 S&P/ASX 200 (XJO): Wave i of (v) of iii) Financial Events Core PPI m/m US Unemployment Claims AUD Employment Change EUR Monetary Policy Statement Video Chapters Comprehensive Elliott Wave analysis for major indices:  00:00 SP 500 (SPX) 10:48 NASDAQ 100 (NDX) 17:22 Russell 2000 (RUT) IWM ETF 18:08 DAX 40 (DAX) 20:12 FTSE 100 UKX (UK100) 23:28 S&P/ASX 200 (XJO) 31:02 End Analyst Peter Mathers TradingLounge Source: tradinglounge com  Over 200 Markets, Access 7 Analysts in Chat Rooms, AI & Algo Elliott Wave Charting, Trade Portfolios & More..  
    • Decentralization is getting more popular and that is the real reason why the crypto and Blockchain ecosystem was developed in the first place, and we keep seeing new Dex trading project coming up with advanced features.  Decentralized trading has started gaining attention recently,and with a good reason. Decentralized exchanges are rapidly providing advantages against centralized exchanges, such as more leverage, onchain order books, tighter spreads, and a more engaging trading experience. One platform that stands out in this arena is Hyperliquid, which has caught my interest because of its unique approach to decentralized perpetual trading.   One of the most notable aspects of Hyperliquid is its focus on providing a seamless decentralized perpetual exchange service. The platform facilitates perpetual futures trading directly on its native L1 blockchain, which sets it apart from other DEXs. What makes Hyperliquid even more attractive is its elimination of gas fees for transactions. This feature drastically reduces the cost barrier for traders, making it a more accessible platform. Moreover, this gas-free model contributes to enhanced transaction speed and efficiency, delivering a smoother and faster trading experience.   Given these advantages, I’ve decided to keep a close eye on Hyperliquid’s native token, HYPE, especially as it’s now available for farming on the BingX Xpool. Participating in token farming not only supports the ecosystem but can also be a rewarding way to earn while engaging with this cutting edge DEX platform.   This is also another way of putting idle assets to work like BTC and USDT, as holders are holding BTC and waiting for it to rise to make more profits or holding USDT in preparation to buy newly found tokens, you can stake these assets on BingX XPool and share 150,000 HYPE tokens effortlessly. This is a good way to earn HYPE tokens before it hits the exchange spot market. Sign up on BingX to join the XPool Here    
    • When I first heard about $MOVE, I didn’t think much of it. Let’s face it—there’s always another “hyped” coin making the rounds. But something interesting around this token made me curious enough to take a second look. People were raving about its Ethereum Layer 2 scalability and lightning-fast 30k TPS. The technology seemed solid.   After reading more about $MOVE and its potential, I looked into Bitget pre-market. At a price of just $0.538, it seemed like a calculated risk worth taking. When the token was officially listed, the price shot up, and those early gains got a good return. That said, crypto is a risky game, and I always remind myself not to get swept up in the hype.   For every win, there’s a chance of loss, and that’s why staying informed and investing only what you can afford to lose is crucial. Still, experiences like this keep me excited about exploring new opportunities. Whether it’s $MOVE or the next big thing, doing your research, staying engaged, and being cautious can make all the difference!
×
×
  • Create New...
us