Cryptocurrencies are known for their volatility, which makes them a lucrative investment option for many people. While the market can be unpredictable, there are certain tokens that are expected to perform well in the coming years.
In this article, we will discuss three tokens below $3 that are expected to blast in 2023: Shiba Inu (SHIB), RenQ Finance (RENQ), and Polygon (MATIC).
Shiba Inu (SHIB)
Shiba Inu is a cryptocurrency that was created in August 2020 by an anonymous individual who goes by the name of “Ryoshi.” It is an ERC-20 token, which means that it is built on the Ethereum blockchain. Shiba Inu has gained popularity in recent months due to its meme-inspired branding and the support of Elon Musk, who has tweeted about it on several occasions.
SHIBA INU, touted as the “DOGECOIN KILLER” on their website, is a meme coin that was anonymously created by someone who goes by the pseudonym “Ryoshi” in August 2020. Despite being relatively unknown, the coin quickly gained popularity and value as a result of its cute charm and the endorsement of high-profile figures such as Elon Musk and Vitalik Buterin.
It is listed on its own decentralized exchange, ShibaSwap. Ryoshi remains anonymous, claiming that he is an unimportant nobody and that any attempts to uncover his identity would be unimpressive.
So far this year, Shiba Inu saw a massive surge in price, increasing by over 127.46%. While it is difficult to predict the future price of any cryptocurrency, many experts believe that Shiba Inu has the potential to continue its growth in the coming years. In fact, some analysts predict that it could reach $0.0000158684 or even $0.0000234 in 2023.
RenQ Finance (RENQ)
RenQ Finance is a relatively new DeFi project that was launched in the Q1 of 2023. It aims to create a decentralized trading platform that is accessible to everyone. The project’s primary focus is on building an ecosystem of liquidity pools that can be used for a variety of financial instruments, including options and futures.
One of the most exciting aspects of RenQ Finance is its multi-chain approach. The project is built on the Ethereum blockchain, but it has plans to expand to other chains, including Binance Smart Chain, and Cosmos. This will allow RenQ Finance to reach a wider audience and provide more opportunities for users to trade and invest.
Click Here to Join RenQ Finance (RENQ) Presale.
In addition to its multi-chain approach, RenQ Finance has several other unique features that make it an attractive investment option. For example, the project’s CLOB (central limit order book) allows for limit orders, bids, and offers, which are not available on many other DEX platforms. Furthermore, RenQ Finance’s aggregation protocol allows it to obtain liquidity from a variety of exchanges, making it easier to find the best prices for trades.
As of writing, RenQ Finance is in the seventh phase of its presale and is on track to conclude this stage earlier than expected, paving the way for its launch. Based on its impressive growth trajectory, industry experts anticipate that RenQ Finance may potentially reach $3 or even $5 in value in 2023.
Polygon (MATIC)
Polygon, formerly known as Matic Network, is a Layer 2 scaling solution for Ethereum. It aims to provide faster and cheaper transactions than the Ethereum mainnet, making it more accessible for users and developers.
Polygon, also known as MATIC, has experienced remarkable growth throughout 2022. Its price has surged by more than 400%, making it one of the top-performing cryptocurrencies in the market. As of now, the price of Polygon has seen a 31.00% change since the start of the year. While this growth is impressive, many experts believe that it is just the beginning for Polygon. One of the most significant advantages of Polygon is its interoperability with Ethereum. This means that developers can easily port their Ethereum-based projects to Polygon, making it an attractive option for those looking to scale their applications.
As more developers and users adopt the platform, the demand for MATIC tokens is expected to increase, driving the price to the moon.
Conclusion
Shiba Inu, RenQ Finance, and Polygon are three tokens below $3 that are expected to blast in 2023. While the crypto market is unpredictable, these tokens have unique features and strong fundamentals that make them attractive investment options.
It is important to do your own research before investing in any cryptocurrency and to always be aware of the risks involved.
Click Here to Buy RenQ Finance (RENQ) Tokens.
Visit the links below for more information about RenQ Finance (RENQ):
Website: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf
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 Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
