Investors are constantly looking out for 10x crypto growth opportunities. The year 2023 looks set to be a prime market for long-term holders, as prices are relatively low across the board and look destined to rise once again. With the next crypto bull market forecasted for 2025, here are five cryptos that could see massive growth in 2023 and beyond:
- Metacade (MCADE)
- Decentraland (MANA)
- XRP (XRP)
- Shiba Inu (SHIB)
- Polygon (MATIC)
1. Metacade (MCADE)
Metacade (MCADE) is building the biggest arcade on the blockchain and could push crypto growth throughout the wider GameFi industry. In the Metacade, users can access a selection of different play-to-earn (P2E) games and participate in special tournaments to compete for MCADE token rewards.
As well as this, Metacade connects Web3 users in new and exciting ways, which is a key reason why the project could see massive growth in users during 2023. The Metacade community can get together and share the latest information about blockchain-based games while earning rewards for contributing to the community.
Metacade will also help drive the GameFi industry’s expansion through its Metagrants program. The program will allow the Metacade community to vote for the best new blockchain-based game proposals and then Metacade will allocate funding to the project’s developers. For game developers, this service is invaluable. In the process, Metacade will help boost its innovation level in Web3.
Why buy MCADE?
Metacade offers a community-centric P2E gaming experience with multiple ways to earn a passive income; this system will without doubt attract a large number of users over time. It has the potential to produce massive crypto growth, as more people will buy and hold the MCADE token to take advantage of the Metacade’s ground-breaking features. MCADE could push on during 2023 and reach $1 in value – a massive 50x gain after the presale.
For now, the MCADE token is highly undervalued. The beta phase of the presale attracted over $1 million worth of funding in just three weeks, as investors anticipate massive growth for the cryptocurrency during 2023.
The token’s initial value was just $0.008. This value will rise to $0.02 by the end of the presale, giving early investors a rare opportunity to make massive gains during the bear market.
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2. Decentraland (MANA)
Decentraland (MANA) is a virtual reality world owned by its community. It exists as part of the Ethereum blockchain. The digital currency, MANA, is the medium of exchange on the Decentraland platform and powers Decentraland.
Through Decentraland, users can buy digital real estate in the metaverse. After purchasing a plot of land, users can create 3D content, custom applications, and games. There is almost no limit to what users can build, which helps to create a sprawling open-world metaverse packed with different features to explore.
Decentraland also allows users to create their own game rules and set up an auction system for land purchases. These opportunities could unleash a new wave of opportunities for Decentraland entrepreneurs as they monetize digital creations in new and exciting ways.
Why buy MANA?
The metaverse has experienced massive growth and is a constantly expanding area of blockchain development. Decentraland has become one of the leading projects allowing users to create and monetize their own content – known as user-generated content (UGC) – on the platform, which fueled its growth.
Decentralized applications (dApps) continue producing growth for crypto as users seek self-custody and low entry barriers. For the first time, players can create gaming assets and complex digital landscapes with little to no programming experience.
Decentraland exploded in popularity during the 2021 bull market and looks likely to reclaim its previous all-time high of $5.91 as widespread crypto growth occurs during the next bull market. With a current price of just $[x], MANA certainly looks like a strong investment for 2023.
3. XRP (XRP)
XRP, also known as Ripple, is a blockchain-based digital asset that supports real-time global payments. The XRP network facilitates fast and affordable money transfers, allowing users to save up to 50-60% on international transactions.
XRP has many different use cases, which is a key reason why analysts expect massive growth for the token. It is the native asset of RippleNet, an enterprise-grade payment system that has driven fintech innovation for over ten years. RippleNet uses XRP tokens for cross-border payments, which can help reduce the time it takes for banks to process global payments.
The XRP Ledger (XRPL) is a decentralized network that supports applications and smart contracts, with XRP being the network’s native currency. Different cryptocurrencies on XRPL use XRP to facilitate asset swaps. XRP is also used to pay transaction fees on the network.
Why buy XRP?
XRP has been the subject of a long-term lawsuit with the US Securities and Exchange Commission (SEC). While this may seem net negative, many believe XRP will emerge from the lawsuit without prosecution. As a result, XRP will receive approval from US regulators, which could result in a significant uptick in investment.
Ripple, the company that created XRP, has already formed partnerships with major financial institutions worldwide, including JP Morgan and the Bank of England. These partnerships reflect the value of RippleNet, as it can help to make the global financial system more efficient. As a result, investors expect major gains for XRP if it successfully overcomes the SEC and delivers on this value.
Having underperformed during 2021, XRP could finally see massive growth if bullish news about the SEC trial comes to light. It is a great addition to the portfolio for any investor seeking crypto growth during 2023, as the token could breach the $2 mark and enter price discovery after the conclusion of the trial.
4. Shiba Inu (SHIB)
Shiba Inu, or SHIB, is a cryptocurrency that burst onto the scene during the 2021 bull market. Shiba Inu is built on the Ethereum blockchain and designed to rival another popular meme coin, Dogecoin. Shiba Inu shares many of the same properties as Dogecoin – it is community-driven and represents a fun entry point for users who are new to Web3.
Shiba Inu experienced massive growth after over 400 trillion tokens were sent to Vitalik Butern’s Ethereum wallet. The creator of Ethereum then decided to burn 90% of this total, which was later valued at $6.7 billion. As a result of this unusual marketing maneuver, the SHIB crypto attracted investors from across the crypto space and grew over 900% in value.
Since then, Shiba Inu has planned to expand the utility of the SHIB token. Shibarium – a Layer 2 network for Ethereum – is due to launch in 2023, which will provide the Shiba Inu community with a scalable and secure method of transacting with SHIB. As well as this, Shiba Inu supports the creation of NFT artwork and allows its community members to buy and sell Shiba-inspired art on its website.
Why buy SHIB?
SHIB is already a top 20 cryptocurrency by market cap, as the project appeals to a large number of cryptocurrency users due to its light-hearted ethos and accessibility. While meme coins typically lack utility, Shiba Inu is doing things differently. As the project expands the Shiba Inu ecosystem, SHIB will likely see massive crypto growth.
2023 is forecasted to be a big year for Shiba Inu. Shibarium is due to be launched, which will lower the costs involved with sending SHIB tokens and making blockchain transactions. dApps can also be built on Shibarium, which could result in an ever-increasing number of use cases for the SHIB token.
SHIB is currently valued approximately 90% lower than its all-time high. Nevertheless, crypto growth could be major for SHIB during 2023 and beyond. It aims to recapture its previous highs and deliver true meme coin utility to its dedicated community of dog lovers.
5. Polygon (MATIC)
Polygon, formerly known as MATIC, is a Layer 2 scaling solution designed to increase the Ethereum blockchain’s scalability. Polygon enables businesses and developers to build far more advanced dApps on the Ethereum blockchain by taking advantage of its low transaction speeds, increased security, and fast execution speeds, and it could experience massive growth.
Polygon works in two parts – Polygon SDK and Polygon Network. Polygon SDK is a modular framework for constructing various sidechains known as Polygon chains, while the Polygon Network ensures optimal consensus mechanics to manage Polygon’s smart contracts.
With its innovative use of proof-of-stake (POS) consensus algorithms, Polygon brings security and reliability to the Ethereum network while reducing costs and increasing system performance. This innovation serves dApp developers and helps to aid widespread crypto growth, as Polygon can improve user experience on a multitude of applications built on the platform.
Why buy MATIC?
Polygon is a major Layer 2 scaling solution that can help developers to create high-quality digital services and push crypto growth throughout the global economy. As blockchain continues to grow, Polygon looks likely to become a widely used network, and the MATIC token will benefit as a result.
MATIC is used to pay transaction fees on Polygon and secure the network by providing rewards to validators. For this reason, anyone who uses the Polygon network will need to buy and hold some MATIC, which could result in massive growth
As more users are attracted to the blockchain, MATIC will benefit from an increasing level of demand. As a result, many investors are bullish and expect massive growth over time. During 2023, analysts predict that MATIC could reclaim its all-time high of over $2 before pushing on to new highs during the next crypto bull market.
Massive growth opportunities in 2023
All five of the cryptocurrencies listed here have the potential to make some major gains over the coming years. Polygon, XRP, and Decentraland are all established projects that deliver some useful services to blockchain users, and Shiba Inu looks to be expanding its ecosystem for its community.
However, the most promising project is Metacade. It is a brand-new GameFi platform that can deliver some amazing features to a large community. It looks likely to rise in value during its presale. Early-stage opportunities like Metacade can be hard to find, which makes the MCADE token the best investment opportunity during 2023.
You can buy MANA, XRP, SHIB, and MATIC at eToro here.
You can participate in the Metacade pre-sale here