Cryptocurrencies To Invest 2023 - Top 5 Coins To Buy

Crypto coins based on utility offer significant advantages over those minted to cash in on the fad, as was the case in 2021-22. A primary benefit is, they generate revenue out of necessary services instead of merely riding on speculation.

It has been a tumultuous last few years for the crypto industry. The sector reached a peak market cap of $2.9 trillion in November 2021 but tumbled down to $798 billion by the end of 2022.The US Fed’s interest rate hikes and global geopolitical unrest were some of the factors that triggered the crisis, along with dipping investor sentiment due to crypto scams and dubious ventures.

However, going into 2023, investors are confident about a resurgence. But finding the right cryptocurrencies to buy is still a challenging task in this climate, given the huge pool in the market.

Best Cryptocurrencies to Invest in 2023

Bitcoin - Most popular currency with 2-3x potential in 2023

Ethereum - Enables the creation of decentralized applications

Matic - A faster & low gas fees alternative chain with 2-5x potential

Solana - A chain popular for NFTs