It is no longer news that crypto market is here to stay. Despite the significant risk that comes with their volatility, cryptocurrencies have proven to be a viable investment option.
As the new year starts, crypto investors and enthusiasts are curious about which cryptocurrency tokens they should buy in 2023.
This article will look at three crypto tokens experts expect you to buy in 2023. Some of these coins include Chiliz (CHZ), Polkadot (DOT), and HedgeUp (HDUP). Read on to find out more!
HedgeUp (HDUP)
In recent years, cryptocurrency investors have sought alternative investment options to diversify their portfolios and mitigate risk.
HedgeUp (HDUP) is the world’s first crypto NFT alternative investment marketplace where users can fractionally and solely invest in alternative products such as diamonds, gold, wine, fine art, luxury watches, yachts, private jets, etc.
HedgeUp is a blockchain-based platform that seeks to bridge the gap between alternative investments and the crypto world. The platform gives investors easy access to the alternative market through non-fungible tokens (NFTs).
Investors can purchase a fraction or whole NFTs, and those who buy 100% of NFT will have the assigned product delivered to their designated address.
Like many crypto projects, HedgeUp has a utility token named HDUP. The crypto asset powers the activities of the HedgeUp ecosystem, including governance.
The project is predicted to be the best investment of 2023 and has quickly become one of the most talked about crypto projects in the last few months.
Although the crypto market has been red, many experts believe that HedgeUp (HDUP) will generate significant profits for investors.
Chiliz (CHZ)
Chiliz (CHILIZ) is a cryptocurrency project created specifically for an ecosystem of sports fans. Chiliz wants to change how sports fans interact with their favorite club or organization.
The platform utilizes blockchain technology so sports fans can participate in various activities of their favorite clubs. The native token of Chiliz is CHZ, an ERC-20, and Binance’s BEP-2 token.
Chiliz (CHILIZ) allows sports fans to participate directly in the teams they love through an application called Socios.com.
Fans can purchase various fan tokens or fan tokens that act as voting rights, as well as unique access tokens. Each club works with Chiliz to determine the rights of fans with fan tokens.
The primary catalyst for the network was the launch of CC2 in Q4 2022. Through CC2, Chiliz will transition from just Decentralized applications on top of Ethereum to its layer-1 blockchain.
So, this transition will bring many changes, such as the potential of creating its application ecosystem and changing the CHZ token’s role.
The CC2 blockchain will use Proof-of-Stake Authority (PoSA), where third parties can become network validators. The transition to the CC2 protocol will help unlock the potential of Chiliz.
Polkadot (DOT)
Polkadot (DOT) is an interoperable blockchain platform connecting different chains, known as parachains, so they can seamlessly transfer assets and data.
As more parachains join the network, Polkadot becomes more secure. Polkadot’s robust scaling characteristics and security make the platform perfect for high-value financial apps and the emerging Web3.
Also, parachains enjoy developer frameworks and seamless connections to other blockchains by joining up with Polkadot.
The freedom gained from receiving these unique qualities by default upon connecting to the Polkadot network enables parachains to focus squarely on developing services, specialized products, and applications.
The point is to help bring in the new era of the decentralized web — something Polkadot likes to call Web3.
If Polkadot welcomes utility and adoptions, alongside its escalating rise with parachains, then Polkadot is definitely a good investment for 2023 and beyond. The platform would witness a rise in numbers and sentimental beliefs.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
