Although the bear market is not over yet, more cryptocurrency projects are showing that they have the potential to bring significant profits in 2023. Here are some crypto projects that have a good chance of becoming profitable in 2023.
Hedera
Hedera is the most popular, reliable, enterprise-grade public network for the decentralized economy, enabling individuals and businesses to build efficient decentralized applications (DApps). It aims to be a fairer and more efficient system, eliminating the shortcomings of previous blockchain-based systems, such as poor performance and unreliability.
There are more than 30 well-known institutions serving as the governance body of the network. It is claimed that more than 100,000 transactions can be processed using their technology. Users must first acquire the platform's native token HBAR to enjoy the network's features. Hedera Hashgraph can process more transactions than other blockchains at a lower cost.
As an algorithm, a hashgraph consists of an uninterrupted, bidirectional flow of data and information between its nodes. Hedera reached its highest price on September 15, 2021, when it traded at an all-time high of $0.567, while Hedera’s lowest price was recorded on January 2, 2020, when it traded at an all-time low of $0.009. HBAR is listed on eToro.com.
Cardano
Cardano is a blockchain project that is developing a smart contract and DApps framework, emphasizing advanced functionality and scalability. Cardano's native asset ADA can be used for on-chain value transactions like other digital currencies. The purpose of the ADA token is to allow holders to participate in the management of the network.
Token holders can therefore vote on proposed updates to the system. The Cardano network essentially has two main parts. Cardano’s native token, ADA, is used as the main currency unit on the Cardano Settlement Layer (CSL), which also tracks transactions. Plutus is part of the Cardano Computation Layer (CCL), which is responsible for running smart contracts and decentralized applications (DApps) on Cardano, which is the same blockchain platform as Ethereum.
Hundreds of blockchain projects, including decentralized exchanges (DEXs), wallets, DeFi protocols, NFT marketplaces, token issuance platforms, and games, are part of the Cardano ecosystem. Cardano reached its highest price on September 2, 2021, when it traded at an all-time high of $3.10, while Cardano's lowest price was recorded on October 1, 2017, when it traded at an all-time low of $0.017. ADA is listed on eToro.com.
Meta Masters Guild
Meta Masters Guild will become the largest mobile gaming guild in Web3 and the fastest growing earning gaming guild in 2023. They use non-fungible tokens to design attractive games, where players can earn rewards, stake, and trade while enjoying the game.
The Meta Masters Guild Token (MEMAG) will become the standard currency in all games. All MMG games’ in-game currency, Gems, can be exchanged for MEMAG tokens. They realize the importance of providing proper compensation for players’ time and money investment in the ecosystem and have created a structure to do so.
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MEMAG Pre-sale Update
Meta Masters Guild has seven phases of presale. The first phase of presale has been successfully sold out, almost reaching the presale milestone in a week. They are now entering the second phase of presale, with the price of MEMAG tokens at $0.01, and there are only 12 days left before the price increase. A guide on how to buy MEMAG tokens.
#MEMAGFAM
We did it!
$MEMAG
The first phase of presale is already sold out!
Ⓜ️Now enter the second stage to obtain
$MEMAG
! ↩️
https://t.co/SBqVjX5mWn
#mmg
#memagpresale
#presalestage2
pic.twitter.com/WRKAPZp4O7
— Meta Masters Guild Games (MEMAGX) (@MEMAGgames)
January 17, 2023
MEMAG is a token built on the ERC-20 blockchain with a maximum supply of 1 billion. The project intends to sell only 350 million tokens in seven stages of pre-sale. See our Meta Masters Guild price prediction.
Why the Meta Masters Guild is necessary
Gaming is one of the most predatory industries currently. Giant gaming companies own all of our favorite games, yet fail to make them to a proper standard, and use predatory monetization strategies to make billions of dollars a year, while the core players who make these games so great receive nothing. Even though community feedback is fundamental to great games, the industry is ignoring this. They are going to fight it.
They foresee a gaming ecosystem where players enjoy playing games and are willing to spend money on them, with a completely open and fair in-game economy where players can trade their game items and currency. They expect that open in-game economies will increase investment in games, and that transaction volumes in Web3 games will exceed those of traditional games.
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