To say 2022 has been a lackluster year for cryptocurrencies would be an understatement. The long-drawn crypto winter turned into a bloodbath with the FTX debacle.
Where is crypto heading next year? Is there hope for recovery, or is the market going to fail investors again?
2023 will be Generous to Crypto Investors
According to industry experts, 2023 will be more rewarding for crypto investors. The persistent inflation and looming recession in the global economy will dampen stock markets, urging more investors to look for safer alternatives.
The breakthroughs in Web3 make cryptocurrencies eligible candidates for parking savings. New streams of funds from the traditional markets are expected to drive the growth of the industry in the coming months. Another factor that will work in the favor of cryptocurrencies is the market’s shift of focus from hype to utility. As value-rich projects gain more support from the community, traditional investors will be encouraged to enter Web3.
In this article, we have listed five experts-recommended cryptocurrencies that have the highest growth potential next year.
1. Dash2Trade (D2T)
On top of our list is Dash 2 Trade, a crypto analytics and intelligence platform that is currently running a meteoric presale of its native token D2T. While presales offer the most profitable entry into crypto projects, more reasons make D2T a compelling buy.
Dash 2 Trade dashboard
To begin with, Dash 2 Trade caters to both seasoned and new crypto traders, unlike most analytic platforms that have a high technical barrier. The Dash 2 trade dashboard provides advanced trading signals, a bespoke presale scoring system, social sentiment and on-chain analytic tools, strategy builder tools, and new cryptocurrency listing alerts. The project’s goal is to help users navigate the market using relevant data points that can actually make an impact on their profitability.
— Dash 2 Trade (@dash2_trade) November 15, 2022
The recent crypto crashes reveal how inexperienced investors fall prey to sub-par projects. It also underlines the importance of user-friendly crypto analytics platforms. As a result, both investors and prospective subscribers are stocking up on D2T tokens at discounted prices. The token can climb anywhere up to 30X next year as the dashboard rolls out with promised features and functionalities.
2. Trust Wallet (TWT)
Next is TWT, the utility token of Trust Wallet. The Binance-backed cryptocurrency wallet currently allows users to store 4.5M+ assets across 65 blockchains.
Most investors are rethinking their choice of crypto storage services after the collapse of the FTX exchange. Since exchanges have clearly proven to be incompetent, wallets are in demand now. Trust Wallet is an obvious choice due to its high-end security features. The rising demand for the wallet has also triggered an upturn for the token in the last few days.
TWT 7-day price chart, 15 Nov 2022, Source: CoinMarketCap
3. RobotEra (TARO)
RobotEra is a Sandbox-inspired project that allows you to own virtual real estate, create games and experiences, and play them without any coding skills. The vibrant metaverse will host concerts, museums, nightclubs, casinos, and salons, to name just a few.
RobotEra is powered by TARO tokens, currently in the presale stage. They are used to buy virtual plots of land in the metaverse, build virtual real estate on the land using the resources provided by the platform, and monetize the infrastructure and experiences.
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— RobotEra (@robotera_io) November 15, 2022
4. STEPN (GMT)
GMT was one of the most successful cryptocurrencies of 2022. The token has also undergone terrible crashes this year, following the broader market trends. However, experts predict GMT to reclaim most of its value next year as it rolls out new features in the move-to-earn niche.
GMT 1-year price chart, 15 Nov 2022, Source: CoinMarketCap
5. IMPT (IMPT)
We wrap up this list with IMPT, a green token that makes tangible contributions to climate action using a vibrant Web3 ecosystem. The key highlight of IMPT is its NFT carbon credit marketplace, open to both mandatory and voluntary participants.
It also comes with a shopping app that rewards users in exchange for responsible shopping and a social platform that gamifies carbon offsetting.
Buy IMPT Now