Now that 2023 is underway, it’s a good time to reassess which projects are showing signs of real success this year. Many investors believe that the bottom of the bear market could be behind us, so there’s no better time to think about the top crypto to buy right now.
Many factors make a successful project, from tokenomics to the project’s total addressable market. Getting the latest view from crypto experts is a great way to avoid doing all the research yourself.
Bearing that in mind, here are some of the projects that crypto experts are tipping as the top crypto to buy right now:
• Metacade (MCADE)
• Polkadot (DOT)
• Bitcoin (BTC)
• Binance Coin (BNB)
• Dogecoin (DOGE)
• Chainlink (LINK)
1. Metacade (MCADE) – A life-changing investment?
The project is building the biggest play-to-earn (P2E) arcade in existence. Its goal is to shake up the established gaming world and bring power back to gamers instead of focusing on big corporate interests. This community focus is one of the main reasons Metacade is looking like a top crypto to buy.
Metacade operates in the so-called GameFi sector of crypto. The platform combines the best qualities of decentralized finance (DeFi) with the $200 billion (and growing) gaming market, allowing gamers to earn an income by playing the games they love the most with their friends and the rest of the passionate community, all within the Metacade ecosystem.
A big part of the attraction of Metacade has been the high level of interdependence between the different features in the ecosystem, with the flagship arcade only one of the ways that gamers are able to earn income. An extensive rewards system is in place to allow those who prefer competitive gaming ladders or tournament play to earn through those activities. Additionally, those who enjoy contributing to the project’s user experience through sharing alpha and other community engagement actions can earn rewards, too.
MCADE is the utility token used by the project that enables the complex ecosystem to work so effortlessly, and the token serves as the primary currency of the platform. For all actions on the platform – from tournament entry fees or buying project or arcade game merchandise – owning MCADE is required.
If the MCADE token weren’t already powerful enough, there are also staking options available for holders. Holders can put their MCADE tokens to work for them and earn yet another income stream by helping secure the project. The staking dynamics protect the interests of investors, with payments issued in stablecoins to ensure there is no dilution of the circulating supply of MCADE.
Metacade has already outlined several different revenue streams, too — from on-platform advertising to a game launchpad — to allow the project to generate revenue to become self-sustaining quickly.
Additionally, Metagrants is a feature that caught the eye of many investors due to the level of holistic innovation it drives. The program encourages game developers to engage with the community by proposing ideas for new games. Periodically, MCADE holders are able to vote on which game development projects should be funded from the treasury, meaning that the users themselves are able to shape the direction of the project. Projects that receive Metagrant funding can be released on the platform, and the MCADE holders can earn money by beta testing the new releases.
With security concerns common across crypto nowadays, Metacade has already submitted to well-respected auditing firm Certik for absolute transparency about the safety of the project.
It’s no wonder Metacade is top of the list of top crypto to buy. Metacade has focused on building a strong community of gamers and creating many different earning opportunities for them.
>>> You can participate in the Metacade presale here <<<
2. Polkadot (DOT) – Web3 Interoperability
Polkadot launched in 2020 with a great deal of attention due to its creator, Gavin Wood, having been a co-founder of Ethereum.
The project aims to provide interoperability between different blockchains so that use cases which can benefit from multiple chains are able to do so quickly and easily. In order to achieve this, the network uses ‘parachains’ (from ‘parallel chains’), which act as independent blockchains themselves, but with bridges between different chains to at as a decentralized middleware that allows them to communicate safely.
Polkadot’s token, DOT, is used to pay for transaction fees involving the parachains, and the project has a very skilled technical community that is looking at building relatively advanced use cases on the platform.
It would not take many of these projects to generate significant adoption to significantly increase the demand for the utility of the DOT token, meaning that this is definitely a project to watch for 2023.
3. Bitcoin (BTC) – Still a lot of potential for growth
Bitcoin is the one that started it all, and while it’s not often considered a project that is still able to deliver massive gains, it continues to be the one project that drives the whole crypto space forward.
Bitcoin is the face of crypto for many outside of the community, and the benefit of that is that it’s always a top consideration for crypto use cases. The project has also continued to make slow and steady progress over time and is certainly the only crypto project able to say that it is the legal tender in an entire country.
While holding BTC cannot provide the 100x returns that it delivered for so many years anymore, it is a solid project that will grow as the adoption of Web3 technology as a whole grows. This might make it a relatively conservative project as far as crypto goes. However, with increasing progress as a means of payment through the Lightning Network, BTC may still see institutional investors poor when regulation really hits in 2023.
4. Binance Coin (BNB) – Dominant crypto-exchange is here to stay
Binance is dominant as a crypto exchange, holding the most volume out of all the crypto-native exchanges and continuing to drive forward with lots of effective marketing and many contributions to the space as a whole, such as Binance Academy.
Binance has also entered the layer-1 space with the Binance Smart Chain (BSC), which uses the native token BNB to fund transactions. While the project has come under fire for being very centralized compared to projects like Ethereum (Binance owns all of the transaction validators), the adoption of BSC by small projects due to the incredibly low transaction fees has meant that the project has secured an impressive chunk of the layer-1 market.
Binance is clearly set on dominating the crypto market and is increasingly funding project development for those willing to use BSC through its launchpad. This aggressive support for its own ecosystem by a business with very deep profits is likely to mean that the utility of BNB will continue to increase. If a real breakout project is developed on BSC, we could see a huge lift in the price of BNB as users flood into the ecosystem.
Regulation could help and hinder Binance, with more legitimacy balanced towards with TradFi players entering the market. The company has already built a great deal of momentum, so BNB comfortably makes the list of top crypto to buy.
5. Dogecoin (DOGE) – Life in the old dog yet
While Dogecoin has spent a long time having to prove its many doubters wrong, 2021 was a year to remember for the project as it provided a friendly and supportive route into the crypto world for millions of people across the world.
Dogecoin’s primary use case is as a payment option, similar to the primary use case of Bitcoin beyond as a store of value. Elon Musk has promoted the project heavily, and with rumors of a Twitter integration now that Musk has taken over the tech giant, it could be a big opportunity for Doge to grab the limelight once again.
Although Dogecoin has challenges to overcome, such as the level of token inflation that is built into the project, as well as the throughput to make it a realistic payment option at scale, the power of Dogecoin and its community is not to be underestimated.
6. Chainlink (LINK) – Securing blockchain’s access to data
Chainlink has made a great deal of progress in addressing one of the hardest questions in crypto, which is how off-chain data can be securely accessed on-chain. This is incredibly important because of use cases like DeFi lending, where the price of a token is critically important to the level of collateral needed to maintain the loan.
Chainlink’s decentralized oracle network (DON) does this through a complex system of nodes that use their tokens to support data accuracy, putting them at risk should the data be incorrect.
Chainlink has achieved dominance in the crypto space for its use case. Still, with a close partnership with Swift well-known, it may be that Chainlink can capture some of the future of the TradFi market too, which would significantly increase the value of the LINK token.
Metacade is an exciting opportunity that won’t last long
Should Metacade win over even a small section of the huge gaming market, investing in the MCADE token could produce life-changing profits. And, as more and more established crypto investors looking for their next 100x find the project, the presale continues to storm forward. Metacade has already brought in over $3.3 million during the 2nd stage of its presale, and tokens are selling for $0.012.
You can participate in the Metacade presale here .