ETH - These Will Be the Hottest Cryptocurrencies in 2023
The cryptocurrency market was flying high in 2021. Market value had reached more than $3 trillion. And leaders like Bitcoin and Shiba Inu skyrocketed. Then came 2022, and the story changed drastically. As major stock indexes moved into bear territory and inflation surged, investors fled the riskiest assets -- such as cryptocurrency.
Why is crypto risky? Because it's new, and we don't know for sure what the landscape will look like several years down the road. But here's the good news. Today's economic troubles may be weighing on crypto now, but they haven't changed what each player has to offer. That means that if you were optimistic about crypto's future back in 2021, there's reason to maintain that optimism today. So which cryptocurrencies could be the hottest this year? Let's find out.
Ethereum (CRYPTO: ETH) is the world's second-biggest cryptocurrency -- and general leader across the board. It's attracted the most developers and offers the most decentralized applications (dApps). And Ethereum is at the head of the pack when it comes to selling non-fungible tokens , too.
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These Will Be the Hottest Cryptocurrencies in 2023