Cryptocurrency might have started as a Wild West of investing dominated by mavericks, but it is now firmly in the financial mainstream.
Institutional investors and big banks treat it as a serious asset despite recent volatility, the collapse of major exchanges and regulatory crackdowns in China and elsewhere.
Despite that volatility, many crypto investors are looking for the next big payoff. Many experts have predicted that HedgeUp (HDUP), Dogecoin (DOGE) and Cardano (ADA) will bring the biggest potential returns in the coming years.
In this article, we will discuss why HedgeUp (HDUP), Dogecoin (DOGE) and Cardano (ADA are likely to skyrocket in 2023.
Advertisement
Cardano (ADA)
Cardano (ADA) is a decentralized proof of stake (PoS) blockchain designed to be a more efficient alternative to proof of work (PoW) networks.
Ada is used in the blockchain's PoS consensus network. The token is given as a reward for work done for the blockchain by users that participate in a stake pool.
The platform has positioned itself as an alternative to the Ethereum network. Both platforms can be used for similar applications, such as smart contracts, and for building a connected and decentralized system.
Cardano considers itself an updated version of Ethereum and calls itself a "third-generation" platform compared with Ethereum’s "second-generation" credentials. Also, the blockchain platform aims to provide banking services to the world’s unbanked.
Advertisement
ADA is one investment option worth considering. Many crypto experts predict that Cardano will have a bright future in 2023. With continued developments within the Cardano ecosystem and in the crypto asset market, Cardano may reach a new high.
Dogecoin (DOGE)
Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It was launched in December 2013 with the image of a Shiba Inu dog as its logo.
Dogecoin's blockchain has merit with its technology derived from the Litecoin ecosystem. Notable features of Dogecoin are its low price and unlimited supply.
Dogecoin began as a joke but quickly gained a lot of following. By late 2017, participating in the cryptocurrency bubble increased its value significantly.
With losses in 2018, Dogecoin lost much of its value but continues to have lots of supporters who trade it and use it to tip for content on Reddit and Twitter.
Dogecoin is among the top ten cryptos in the world and is being more widely adopted. Many experts are optimistic about the future of Dogecoin, which could indicate that it is a worthy long-term investment.
HedgeUp (HDUP)
HedgeUp is the world’s first crypto NFT alternative investment marketplace that enables users to invest fractionally in alternative investment assets worldwide.
HedgeUp aims to give everyday people a chance to invest in high-end alternative products such as gold, wine, fine art, diamonds, luxury watches, yachts, and private jets via NFTs.
The idea is that people will be able to purchase an NFT that represents a certain amount of an asset and then either keep hold of it or sell it for a profit.
HedgeUp will partner with many businesses to identify the products that have the best potential for long-term growth. These products will be stored in insured and license-bonded warehouses.
Advertisement
Users could purchase either a fraction or 100% of an NFT and have the assets delivered to their designated address free of charge.
Each NFT and its relevant fractions can be traded on the HedgeUp platform. Users will be able to buy and sell their investments anytime they want.
Every blockchain and blockchain-based network needs to have its cryptocurrency, and HedgeUp’s native token is known as $HDUP. The token is designed to help keep the system running.
People who hold the crypto will be able to use it to buy the NFTs that the system creates, attend online classes, and stake their HedgeUp tokens in return for rewards.
Advertisement
HedgeUp is currently holding its presale, where you can buy tokens at $0.013 each. It is an excellent opportunity for early investors to tap one of the fastest-growing markets in the world.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
