The post Best Coins To Buy in 2023: Dogecoin (DOGE), Shiba Inu (SHIB) & Snowfall Protocol (SNW) appeared first on Coinpedia Fintech News
The crypto market has suffered a dramatic and stormy 2022, with the fall of many giant names in the industry. Despite the commotions, crypto assets have found their ground, and market bulls are pushing prices higher. While the market is expected to rebound for a bull run in 2023, it is important to plan by bagging the best coins.
Snowfall Protocol (SNW) is undebatably the best coin to buy before the next bull run. The token has seen exceptional value, price, and demand gain. Even expert technical analysts are confident it would easily surge by 1000x soon. This article will highlight some of the best coins to buy before the next bull run.
Snowfall Protocol (SNW): Multipurpose Hub for Cross-Chain Bridging Solution
Snowfall Protocol (SNW) is a disruptive force driving the change for better blockchain interoperability. The one-stop multipurpose swap and bridging protocol has been deemed the next biggest asset transfer DEX in the DeFi space. Created by long-standing industry experts, Snowfall Protocol (SNW) aims to take out the lingering issue of cross-chain incompatibility by simplifying the swap, exchange, and transfer of funds to and from more than 200 chains.
Like a bridge,Snowfall Protocol (SNW) serves as a highway for driving innovative change and harnessing the full potential of blockchain networks simultaneously. This way, it will remove technical barriers and make interaction easier between chains.
What makes Snowfall Protocol (SNW) the most inclusive bridging solution is that it supports cryptocurrencies as well as non-fungible tokens. For NFT collectors, Snowfall Protocol’s swap/wrap system is a huge win as it will make NFT minting and bridging easier and cheaper.
Due to its multiple use cases and importance, the Snowfall Protocol (SNW) has seen a mighty increase in demand and price. The token is in the final presale stage, trading for $0.191. Technical analysts have predicted a 1000x increase in Snowfall Protocol token value. Since it is underpriced, you still have a chance at securing a life-changing opportunity with Snowfall Protocol (SNW).
Dogecoin (DOGE): Most Valuable Meme Coin
Dogecoin (DOGE) is the biggest meme coin by market cap. The meme coin started as a joke by Billy Markus and Jack Palmer but became a resounding success in the crypto space. Like other cryptocurrencies, Dogecoin (DOGE) has made a sizeable drop due to the bearish condition of the crypto market in 2022.
Dogecoin (DOGE) is relatively underpriced and considered one of the most profitable cryptocurrencies to invest in 2023. In the last bull run, Dogecoin (DOGE) spiked by 1750% from $0.044 to $0.74 in only three months. Its market valuation also rose by tens of billions of dollars.
Currently, Dogecoin (DOGE) is at a deeply discounted price. However, it is seeing excellent demand from investors looking to improve their returns when it moons in the next bull run. The price of Dogecoin (DOGE) is $0.08 – about 88% below ATH. So far this year, the token has grown by almost 20%, and its community is hyped for a bullish trend soon.
Shiba Inu (SHIB): Dog-Themed DeFi Ecosystem
Shiba Inu (SHIB) has gained so much recognition as the potential Dogecoin-killer. The token had a lot of mainstream attention because it offers more than utilities than just being an ordinary meme coin. The Shiba Inu token (SHIB) and its DeFi ecosystem projects pride itself as a leading name in aiding the adoption of blockchain technology and web 3.0.
At its peak, the Shiba Inu token (SHIB) gained more than 20,000% to clinch an all-time high price of $0.000088. Much of its astronomic price gain was due to numerous periodic developments mapped out for the project. Less than two weeks ago, Shiba Inu (SHIB) launched Shibarium, an Ethereum-based layer-two solution. This will help anyone enjoy open, scalable, low-fee, and high-speed transactions.
Shiba Inu (SHIB) is currently trading at $0.000011, about an 88% drop from ATH price. Regardless, Shiba Inu (SHIB) is poised for greatness. Its accessibility, flexibility, numerous utility, web3, and metaverse objectives are mesmerizing. 2023 is already looking great for the token with the launch of Shibarium.
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.