With barely two months left in 2022, people are looking forward to the next big crypto to invest in the coming year. When you ask crypto enthusiasts and investors, most will say they are eyeing three cryptos with bullish potential in the next few years. These are Ethereum (ETH), Ripple (XRP), and BudBlockz (BLUNT).
So, which of the three should you invest in? The answer should be all three. When investing in cryptocurrency, it’s best to diversify your portfolio and protect your investment.
Let’s check out the predictions for these three cryptos that excite investors.
Ethereum is always on investors’ radars. It wouldn’t become the second-largest cryptocurrency in the world if that weren’t the case.
Founded in 2013, Ethereum was developed through a crowdfunding campaign and went live in 2015. Just this year, it upgraded its process to proof-of-stake from proof-of-work in an event called The Merge.
This blockchain technology is already an institution in the crypto world, but it is only getting bigger. One of the reasons people are drawn to Ethereum is because of the many features on the platform, including providing a home to many decentralized finance (DeFi) applications and non-fungible tokens (NFTs).
Investors predict that Ether will reach the $4,000 range again in 2023. While it peaked in November 2021 at $4,800, it has so far failed to break the $4,000 level this year.
Ripple is not as popular as Ethereum, but was released earlier in 2012. The company’s goal was to marry blockchain technology and fiat currency through the Ripple payment exchange network.
Cryptocurrency is understandably volatile, and Ripple is among many that experienced huge peaks and dips over the years. At one point between 2017 and 2018, Ripple became the second-largest crypto based on market capitalization, just behind Bitcoin. It lost its footing sometime after until the bullish crypto market in 2021 allowed Ripple to start gaining again.
For 2023, experts believe XRP will experience a low and high of around $0.48 to $0.52. But it’s worth noting that the point of Ripple is to create a channel for faster interbank transfers with minimal fees.
When diversifying crypto portfolios, it is ideal to have a mix of large crypto in ETH, a slow-moving yet steady one like Ripple, and a new one with a lot of potential likeBudBlockz. It also has a niche as a cannabis-focused blockchain technology.
There have been a few weed-centered blockchains over the years, but BudBlockz is more about advancing the cannabis industry. $BLUNT can be used outside the crypto world as it can be used as payment for products in dispensaries and online weed stores as long as the transaction is made in cannabis-friendly regions.
The core of BudBlockz provides long-term potential within the blockchain, making it an important crypto in 2023. The pre-selling of $BLUNT also showcased a lot of promise: over 50 million tokens have been sold.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
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