Because the cryptocurrency market is notoriously unpredictable, making precise projections can be difficult. However, certain indicators can predict where the cryptocurrency industry will be in the future year.
With that in mind, here are five crypto trends to watch for in 2023, as well as how you can profit from them by making savvy investments in new developing projects that reflect those trends.
Five Crypto trends to watch
Discover why projects such as Love Hate Inu (LHINU), Metropoly (METRO), DeeLance (DLANCE), Ecoterra (ECOTERRA), and RobotEra (TARO) will be popular in 2023. Love Hate Inu and other meme coins are here to stay.
The massive popularity of meme coins Dogecoin and Shiba Inu has demonstrated that meme coins can fast go viral among crypto aficionados.
Even when existing coins lose popularity and value, new, fascinating, and improved meme coins emerge on a daily basis.
One of these efforts is Love Hate Inu (LHINU), which is designed to look like a Shiba Inu but is far superior in many aspects.
Love Hate Inu is a vote-to-earn cryptocurrency that allows users to express their thoughts on various topics while earning money in the process.
It is a novel meme coin with a compelling use case, as it taps into the multibillion-dollar survey industry.
The presale of the native coin LHINU went viral in a matter of hours, demonstrating once again that the crypto market has a penchant for meme coins.
Many people believe that Love Hate Inu will be the next great thing, surpassing all previous meme currencies, therefore now is the time to invest.
What Is the Difference Between DeeLance (DLANCE) and Metropoly (METRO)?
Crypto Winter was not kind to the NFT market, with low investor interest pushing NFT-related crypto companies to shift their focus.
We can see that in the last few months, NFTs have broadened their use case, making them usable in real life and valuable to people.
One of the projects that has discovered a new use for NFTs is DeeLance, which allows workers and employers to interact and collaborate.
DeeLance is the first Web3 marketplace for freelancing and hiring
DeeLance (DLANCE) is a completely decentralised Web3 network that allows users to compete fairly in the job market and find employment.
A site to apply for jobs, a metaverse where you can advertise your talents or position and schedule interviews, and lastly the NFT marketplace make up the entire platform. Users can tokenize their work products by converting them into NFTs on the DeeLance network.
Additionally, this will address the issue of intellectual property that major freelance marketplaces like Upwork and Fever have.
DLANCE, the network’s native token that will be utilised on the platform, is currently available for pre-sale.
Many future users felt pressured to buy their first DLANCE coin quickly in order to gain an edge in the cutthroat employment market.
However, due to its connection to the $450 billion gig economy, many investors have recognised the coin’s enormous potential.
To read our blog on “Bitcoin surpasses $30,000 for the first time in 10 months,” click here