The project is based on Ethereum’s blockchain and has plenty of environment-geared incentives. IMPT engages several thousand large retail brands, with each one allocated a fraction of the sales margin for various environmental projects. Users can then choose to invest in any of these projects by trading NFT-based carbon credits. You can buy IMPT tokens via its official website or its affiliates.
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4. Ripple (XRP)
XRP suffered a massive hit to its price in December 2020 after the Securities and Exchange Commission (SEC) filed a suit against it. The legal battle has been protracted, and XRP’s price tanked.
Since then, it is yet to hit its January 2018 highs. However, recent developments in its prolonged case have proved favorable, with the token’s value jumping by 44% in the aftermath of a favorable court ruling. As the case draws to an end, investors are optimistic that its value will rise tremendously in 2023.
The project’s developers have been busy securing valuable partnerships with financial institutions to expand its ecosystem. Although the final verdict in the SEC vs. XRP case is not expected until early 2023, there are enough promising signs to spur traders into HODLing the token in the interim.
5. Apecoin (APE)
Like Tamadoge, APE is one of the newest NFT-based crypto projects on the market. Apecoin is affiliated with the Bored Ape Yacht Club, and there’s plenty of promise and much to expect from its Metaverse ecosystem developed by Yuga Labs.
With Yuga Labs raising $450 million in venture capital funding, this project has plenty of potential, including merchandise, gaming, and NFT events. The project’s popularity is spurred even further by its links with CryptoPunks, one of the biggest NFT collections around.
APE’s biggest potential lies in the fact that it’s an NFT-based project. Given just how large the NFT fanbase is within the crypto community, you wouldn’t bet against Apecoin gaining massively in the coming months.
6. Algorand (ALGO)
Algorand was created by the likes of Silvio Micali and Shafi Goldwasser in 2012 and was designed to be a secure platform with the capacity to process a thousand transactions per second (TPS).
The project was created to tackle three blockchain-inherent difficulties – scalability, security, and decentralization. Algorand uses a modified proof-of-stake (PoS) consensus model to achieve impressive transaction processing speeds. Additionally, it’s a developer-friendly network with support for several programming languages like JavaScript, Java, PHP, C#, and Swift.
Unlike some other blockchains, Algorand can never fork. That is to say that its digital ledger doesn’t split upon adding new blocks. The protocol allows a minimum of 1 ALGO for staking, with all users having a chance to be selected to validate transactions. Like all PoS networks, your chances of being selected are proportional to the number of tokens you staked in the blockchain.
Algorand is one of the most promising blockchain innovations and is sure to be a fruitful investment.
7. Solana (SOL)
Solana is the most popular ERC-20 token, with its claim to fame stemming from its meteoric rise in 2021. Although its market value has been hit hard by the 2021 market crash, it has a promising future and solid foundations.
In recent months, Solana has been expanding its blockchain ecosystem, integrating emerging technologies like Metaverse, P2E games, NFTs, dApps, and more. With Solana seeing so many use cases, it’s only a matter of time before its market value explodes.
8. Decentraland (MANA)
Decentraland is one of the biggest Metaverses in the blockchain industry. Its native token, MANA, is the accepted cryptocurrency to purchase virtual plots of land in its Metaverse real estate.
The project’s developers have been able to draw funding and partnerships from big corporate names like Starbucks, Coca-Cola, Adidas, JP Morgan, and Samsung. All of these brands have purchased virtual property on Decentraland and planned projects based on real-world activities. The extent of its utility has thus propelled MANA in the crypto industry and set its value up for massive booming in the coming months and years.
Conclusion
Look at that! We’ve carefully considered COMP’s price prediction as well as other digital assets that hold a lot of promises to crypto users and investors. Don’t get left behind; include IMPT, TAMA, and any of the other recommended tokens in your portfolio, and watch your gains increase over time.