Budget 2023 India and Crypto: With constantly emerging new coins and projects, the world of cryptocurrency is rapidly evolving. In this article, we will discuss the top 5 cryptocurrencies to watch for 10x growth and briefly analyze each coin.
Top 5 Cryptocurrencies to Watch for 10x Growth Amid Budget 2023 India
Various industry leaders believe that budget 2023 might be a landmark bill for digital assets. These are the top 5 cryptocurrencies that could prove to be worthy of investment in 2023.
Bitcoin – The King of All Cryptocurrencies
Bitcoin is the largest cryptocurrency by market capitalization and has a strong underlying blockchain technology. The king of cryptos is currently trading around $23,110.13 with a one-day trading volume of $22,904,901,241. At the time of writing, Bitcoin has increased by nearly 1.51% during the past 24 hours. Moreover, the token has surged by 3.23% in a week.
Cardano – A Proof-of-stake Blockchain Platform
Cardano has proven to be one of the most active cryptocurrencies with its early embrace of proof-of-stake validation. Amid Budget 2023 India, many crypto enthusiasts predict Cardano to have a bright future in 2023. The token is currently trading at $0.3872 with a 24-hour trading volume of $464,514,946. ADA has surged by nearly 3.76% during the day.
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Fantom – Highly Scalable Blockchain Platform for DeFi
Fantom is an open-source smart contract platform for decentralized applications and cryptocurrencies. The current price of the Fantom is $0.5291 with a one-day trading volume of $617,091,936. FTM has risen by nearly 12.55% during the past 24 hours. It currently holds the 40th position on CMC making it one of the top 5 cryptocurrencies to watch for 10x growth.
Dogecoin – The most popular Meme Coin
Dogecoin is the most popular meme cryptocurrency in the world. Many crypto investors have an optimistic outlook on this meme coin in 2023. DOGE is currently trading around $0.09517 with a 24-hour trading volume of $1,382,501,940. As per CMC, the token has increased by nearly 2.58% in a day. Also, it has achieved a surge of 13.85% within a week.
Polygon – An Ethereum token that powers the Polygon Network
For long-term investors, Polygon (MATIC) is a cryptocurrency that can provide opportunities to earn significant profits. MATIC is trading around $1.11 with a 24-hour trading volume of $420,901,223. Remaining strong at the 10th position, Polygon has achieved a surge of 16.39% within a week.
Also Read: When Is Shibarium Launch? Shiba Inu Lead Dev Drops Hints
Note: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/budget-2023-india-top-5-cryptocurrencies-to-watch-for-10x-growth-10043/