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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
The crypto market is on the verge of another bull run as we head toward the end of a very successful Q1. That quarter began with a bull run and it looks like it could be the same for Q2, that is even after news that the Federal Open Market Committee made to increase interest rates by 25 points. This isn't a huge increase but also isn't what the market would have been hoping for, it is predicted that the inflation level will be around 5.1% by the end of the year.
In a vacuum, this is bad news for the crypto market as ideally, the levels would be around 2%. However, the reasons that led to this rate hike actually favor the market. Everyone knows by now about the run on banks in the states and how the government had to intervene to protect deposits. Well, this is what caused this hike and that will likely cause a lot of disillusion for the traditional method of banking.
Many will turn towards cryptos that have shown growth in 2023 like Solana (SOL) and the even savvier investors will turn their attention to trending coins like Love Hate Inu (LHINU), Fight Out (FGHT), Metropoly (METRO), and RobotEra (TARO).
So without further adieu let's examine why these cryptos are going to surge.
As we can see from the chart above Solana (SOL) has enjoyed quite a bit of price fluctuation so far this year, however, it has overwhelmingly been positive with the price seeing over 100% growth since the start of Q1. March has been quite up and down as a month but experts are bullish about Solana's potential for growth.
Solana set out to be one of Etherum's main competitors and in the summer of 2021 when the price was over $250 it looked like Solana was heading for a seat at the top table. The year and a half after that though was very bleak for the blockchain network as the price tumbled so far that it once hit below $10 dollars.
Now things are looking brighter however and experts are tipping Solana for consistent growth over the next 5 years.
Year | Minimum Price | Maximum Price |
2023 | $24.76 | $31.45 |
2024 | $33.17 | $44.25 |
2025 | $49.88 | $51.03 |
2026 | $75.33 | $89.53 |
2027 | $107.56 | $137.89 |
As we can see the growth should be slow but steady until around 2025 when we will see Solana really start to take off again. Some experts would even argue this prediction is too cautious for the crypto that provides excellent Defi solutions and that the likely upcoming market growth will see Solana break $40 before the end of the year.
Either way it looks like Solana is a good investment opportunity at the moment. For those that would prefer to invest in an up-and-coming presale we also have the best options to get behind right now.
Meme coins like they will be one of the higher performing coins of 2023 and many experts think Love Hate Inu (LHINU) will lead the way once it goes live. The meme coin that doubles as a V2E platform will give people that chance to vote on the most interesting and pressing topics from around the world.
The white paper for this new crypto is quite impressive too. They are really thinking ahead with some of the steps and procedures they have put in place. Voters must stake LHINU for 30 days before they will be allowed to vote which will protect the polls integrity as well as the voters anonymity. THey will also sell 90% of the allocated LHINU during presale to ensure the coin has a future way beyond its CEX listings launch.
There is a lot of competition these days jostling for superiority in the P2E sphere but we think a game that also helps people reach their fitness peak will be the standout coin of 2023. That is what Fight Out (FGHT) consists of, through their app users will get personalized workouts that will be tracked, once users complete the goals they can earn the in-app currency REPs.
When Fight Out users sign up they will be given soul bound avatars who will grow and develop alongside their owners. The cool part of this is that personal challenges aren't the only way to earn REPs, weekly and monthly challenges will allow you to send your avatar into battle against other users so you can really test how far you are along your journey.
The excitement around the presale of Metropoly (METRO) is certainly starting to build as experts can't wait to see how the first totally real estate focused coin fairs. How it works is the project has tokenized some of the most sought after properties from around the world into NFTs and fractionalized these so as to sell them for as little as $100 to interested parties.
It completely tears down all the barriers that currently stop the everyday person investing in real estate. Over 98% of real estate transactions still happen offline and this involves broker fees, paper work, mortgages and lots of other hindrances that make it so hard to enter the market. With Metropoly that will be a thing of the past.
RobotEra (TARO) is another game that many think will be one the most popular P2E opportunities in 2023. The game, which is sandbox-like in nature, tasks players with rebuilding the planet of Taro. They must do this with their Robot NFTs who they can also use to explore the planet and visit other people's property.
TARO is the native currency and it covers all bases in the RobotEra universe. By this we mean it is also used as currency by players and can therefore be used for revenue. No coding experience is required so players should be able to build whatever they want to try to attract other players with the hope they will part with their TARO to visit your section of this new utopia.
Solana looks like it is set to surf the upcoming bull run wave that the market should experience. However, many would suggest the 4 coins going through presale we have discussed are better investment options. How early they are in their lifespan and their low prices combine to make them the best investment opportunities in the market.
