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The cryptocurrency market could be very interesting in 2023. On the one hand, we don’t know where the market is going or how long the effects of FTX will last. But “cryptocurrencies to invest in for 2023” is without a doubt the most talked-about topic in the cryptocurrency space right now.
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Due to how dynamic they are, the value of cryptocurrencies changes every day. In general, experts are optimistic about the cryptocurrency market over the next few years and think it only needs to get through a few tough months.
This weekend, keep an eye out for these 5 cryptocurrencies.
XRP
XRP is the most popular, fastest, and least expensive way to trade between countries. This digital currency is used to buy and sell other currencies across the network.
At the time of this writing, the price of XRP is $0.3731. It has a market capitalization of $37 B, and trading volume in the last 24 hours has gone up by 29.32%. Right now, it’s at $1.3 B. At the same time, there are about 50,623,288,122 XRP in circulation.
Cardano
Cardano The value of Cardano went down by almost 8% in 2017. In 2023, experts say, Cardano will get better. The proof-of-stake mechanism in the coin is well-known.
At the time of this writing, the price of Cardano is $0.324. It has a market capitalization of $14.5 billion and a 24-hour trading volume that is up by 2.10 percent. It is now worth $366 million. At the same time, there are about 34,518,639,817 ADA in circulation.
GALA
The price of Gala has gone up 120.54% in the last week. After Gala Games deleted a tweet that said they had made a deal with the rock, the price of the rock started to go down. Even in 2023, gala tokens can still be a good bet.
At the time of writing, the price of Gala is $0.04057. It has a market capitalization of $1.4 billion and a 24-hour trading volume that is 8.46% lower than it was the day before. Right now, it’s at $551 million. At the same time, there are about 6,977,205,436 GALA in circulation.
Avalanche
Recently, the price of Avalanche tokens went up by 26%. It happens after Ava Labs and Amazon Web Services said they would work together (AWS).
At the time this was written, the price of Avalanche was $15.35. It had a market capitalization of $11 billion and a trading volume that was 375.55% higher than the day before. It is now at $1 B. At the same time, there are about 311 582 143 AVAX in circulation.
Dogecoin
Dogecoin is being used because of a number of common things. Because of how hard the team works, Dogecoin has become a must-have for any collection. Unlike some other coins, this one has no limits on how many can be made. It is one of the digital currencies that always goes up in value.
At the time of writing, the price of Dogecoin is $0.07874. It has a market capitalization of $10.42 billion and a trading volume that is 15% higher than it was 24 hours ago. It is now worth $507 million. At the same time, there are about 132,670,764,300 DOGE in circulation.
This is not advice on how to invest. Please do your research before putting money into anything.
Source: Google Trend