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The crypto market may be in a bit of a lull, but there are tentative signs that it is going to break out of its rut and move onto a bullish path. While major tokens are currently far from their all-time highs, some altcoins are proving to be extremely promising, bucking the trend with strong indicators of growth in the short term.
Two tokens that are on the verge of this positive breakout are Dogecoin (DOGE) and IMPT (IMPT). Dogecoin is a very well-known meme coin, which has been the beneficiary of multiple bull runs in the past, often when people least expect it. IMPT, on the other hand, is a token that is working on a very serious use case but is experiencing a surge in exposure as its presale goes on.
Why Will DOGE and IMPT Have a Strong 2023?
2023 is shaping up to be an interesting year for crypto. On the one hand, adoption levels as indicated by growth in long-term holders and capital inflow show that there is growth ahead. At the same time, regulators are beginning to establish wide-ranging regulations that will no doubt have an enormous impact on the market. However, regulation, as even crypto insiders point out, will help the market in the long run.
Amidst all of these developments, it’s hard to make a prediction about the future of crypto assets, which is hard to even do even under normal circumstances. So why is it that DOGE and IMPT look like they might have a strong start to 2023?
For one thing, both have unique appeals that have the ability to endure in the long term. In the case of DOGE, it is a meme coin and these tokens tap into a certain cultural movement. It’s why DOGE has remained a mainstay in the market and is still in the top 10 tokens by market cap with over $8.4 billion in value.
IMPT is building a carbon credits platform where helping the environment is a priority.
IMPT possesses a different strength. The project is working on building a carbon credits platform that can bring stakeholders together in the fight against climate change. Despite only being in its first presale, the project has quickly caused a stir in the crypto market, having raised $1 million in just 3 days.
IMPT too has a long-term appeal for investors via the fact that it contributing towards a problem that affects and will affect society at large for decades to come. Similar to how crypto enthusiasts have come forward to offer donations to Ukraine, and other charitable causes, they are turning to projects like IMPT to make an impact.
What Prices Can We Expect from DOGE and IMPT in 2023?
The specific prices for DOGE and IMPT can be hard to predict, but the signs increasingly point to both tokens hitting $0.5 by 2023. This would be an enormous jump for both, but it’s not an unrealistic possibility.
Dogecoin can hit that target because there is a revival in meme coins brewing. Projects like Tamadoge show that these tokens continue to have a hold on the crypto community and DOGE remains the market’s most popular meme coin.
Meanwhile, IMPT could reach $0.5 because of the massive interest in its presale – and the fact that its use case is winning investors over. The project is using a novel technology to actively benefit the world and is setting a standard for how the crypto market can be eco-friendly.
🤯 ATTENTION #IMPT Crew!! 🤯
🔥🔥 WE JUST PASSED THE $2 MILLION MARK IN OUR FIRST WEEK OF PRESALE🔥🔥
Things Are Speeding Up! 🚀🚀
HURRY!!! Don’t Miss This Early Opportunity!! 🔥
👉 https://t.co/TRiH3U7a7L#presale #climatechange #environment #carbonfootprint #blockchain pic.twitter.com/CWdQADYicx— IMPT.io (@IMPT_token) October 8, 2022
IMPT has three presales in total. The first presale ends on Nov. 5, with a total of 600 million tokens available at a price of $0.018. The second presale has 660 million tokens available at $0.023, while the final presale will sell 540 million tokens at $ 0.028.
Altcoins Like IMPT and DOGE Could Shoot to $0.5
As we go into 2023, it’s looking like the next few months could be strong for the crypto market, with many tokens showing a potential breakout into much higher valuations. Among them are tokens like IMPT, which is bringing the crypto community together to protect the environment. This social aspect has the potential to drive IMPT’s price forward.
If you’re interested in seeing what the carbon credit program is all about, read the IMPT whitepaper and take a look at the IMPT presale webpage.
