2021 was dubbed the "year of cryptocurrencies," but 2022 didn't follow the steps of the previous year, considering that we entered the crypto bear market. In 2023, the rally raised the expectations of investors, companies, and analysts. We're now on track to recovery as market trends and predictions are telling us to sit back for a ride into the bull market.
While it's impossible to guarantee the market value of tokens, we can identify the coins that are positioned to do exceptionally well. These coins were made to provide solutions; they capitalize on market needs. Some are alternative investments, decentralized finance, data storage, etc.
Of all the coins in the market at the moment, eyes are on these three to surge this year: HedgeUp (HDUP), Solana (SOL), and Shiba Inu (SHIB).
Keep reading to see why your portfolio needs an upgrade with these potential coins.
HedgeUp (HDUP) - the alternative investment token redefining profitability
HedgeUp (HDUP) is the first-ever NFT alternative investment that has leveled the playing field in digital assets and is giving opportunities to all investors, big and small.
Using HDUP, you can fractionally own stable, non-volatile luxury assets such as diamonds, wine, rare collectibles, liquor, gold, watches, etc., for as little as $1 worldwide.
Alternative and traditional assets are considered some of the best and most solid investments because their prices only appreciate with time. The knowledge and access to these assets are restricted to a select few. But HedgeUp is changing the status quo and granting equal access to ownership through fractionalized assets. It allows investors to diversify their portfolios with both traditional and digital assets.
What's so impressive about HedgeUp (HDUP) is that it's a pioneer in the NFT ecosystem but does not monopolize decision-making. Investors who use the HDUP tokens can partake in the decision-making because HedgeUp uses a decentralized autonomous organization (DAO) to ensure equity and fairness in the community.
When considering investing in crypto, it's always imperative to look at the scalability and broader usability of the coin. HDUP has satisfied all conditions that indicate an increase in market value. HedgeUp has successfully harmonized the crypto economy with the global economy.
It's a no-brainer that HedgeUp is set to take the crypto world by storm and is on track to becoming the world's most profitable alternative investment marketplace. It will surely drive the utility token, HDUP, beyond the moon!
Solana (SOL) - beyond powering numerous apps on the blockchain
Solana (SOL) is making big waves in decentralized finance (DeFi). Solana capitalizes on the permissionless nature of the blockchain to provide solutions, including developing decentralized applications (dApps) and smart contracts.
Solana (SOL) has increased its efficiency as an open-source project and can now perform 2,000 transactions per second. Solana has a native cryptocurrency, SOL, and it's been gaining attention because of the recent crypto rally.
The network uses SOL to pay for transactions, purchases, and staking. The rally has seen SOL's price steadily increase, possibly due to its popularity as an alternative to Ethereum.
Analysts have been upbeat about the prices of SOL; as they say, the coin is on the bullish side of the market at the moment. Investors also remain optimistic about the price progression, irrespective of the market's volatility.
Shiba Inu (SHIB) - memecoin or people's coin?
While most cryptos thrive on coin scarcity, Shiba Inu (SHIB) chooses to do the exact opposite. It makes many people wonder why its native crypto (SHIB) is on a bullish run.
Innovations in the crypto world are endless and spontaneous. Shiba Inu, which started as an experiment, has now entered the conversation of must-have coins.
Shiba Inu is run by its community and focuses on NFT art incubation and a decentralized exchange called Shibaswap. The experiment on which Shiba Inu was founded has been a success, as SHIB has had a great run.
However, despite the impressive gains SHIB has had, it's still one of the cheapest tokens to purchase. In 2022, SHIB emerged as one of the coins to keep an eye on. Now's a good time to get into the market and upgrade your portfolio with HedgeUp. HDUP, SOL, and SHIB are great options if your goal is to diversify your assets and gain profitably this year.
