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Budblockz, Tezos, and Decentraland Set to Be the Best Alternatives to Bitcoin for 2023

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As we move towards 2023, many investors are looking for the best cryptocurrencies to buy for high returns after this year’s cryptocurrency bear market. The guide covers the top cryptocurrencies you can invest in with analysis of historical prices, use cases, and more. So, keep reading to learn about the best cryptocurrencies you can invest in.

1. Tezos (XTZ)

Tezos is one of the most popular projects. The decentralized application hosting and smart contract platform enables peer-to-peer transactions. The XTZ symbol is also known as Tezzie or Tez. XTZ holders get tokens when they participate in the Proof of Stake consensus mechanism. Many analysts are optimistic about Tezos’ long-term prospects.

Tezos does not have a maximum supply, unlike most cryptocurrencies. This means that people hold it as an asset because of its interest. Thus, if cryptocurrencies have a valid use, their lack of limited supply can be inconvenient. Moreover, the rate of inflation may prompt people to buy their XTZ. It can make its network more secure.

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Approximately 80% of the XYZ in circulation is locked into storage mode. Thus, fewer tokens are in circulation. But the demand for cryptocurrencies is increasing.

Tezos is known for its fast and energy efficient blockchain technology that can support smart contracts. It is preparing to make a million transactions every second. The speed of this cryptocurrency transaction has led analysts to claim that it could eventually become a “cryptocurrency visa.”

Although NFT collaborations in the art world are all the rage right now, Breitman indicated that a big boost in the future could come from the world of decentralized finance and blockchain gaming.

She has signed deals with prestigious sports teams around the world, including the New York Mets and Manchester United. It has also partnered with McLaren and Red Bull Racing. It ensures that cryptocurrency is always top of mind with investments.

New projects, technology upgrades, pipeline projects on the blockchain, and new sponsorship deals give investors a compelling reason to invest in this altcoin.

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2. Decentralland (MANA)

It is a decentralized Metaverse token that facilitates the operation of the digital world. Users can buy and sell plots of land on the Decentraland platform. Cryptocurrency supports users who are interested in real-world payments, interactive applications, and P2P communications.

MANA, Decentraland’s original token, is used to purchase virtual land in the Metaverse region of Decentraland. Users can also purchase other services and goods with the token.

It is one of the best digital currencies that has gained a foothold in the metaverse space – the digital real estate project. Decentraland is an emerging and fast-growing space with growth potential to support the future of virtual reality. It’s exciting for many investors.

Currently, it is a metaverse related cryptocurrency which has become the investment of choice for many long-time believers in the industry. This is mainly because the cryptocurrency is positioning itself as the first virtual world owned by users. It is a free market economy in the new era. Decentraland is the leading metaverse space where its users offer real money exchange and real benefit. Metaverse-themed cryptocurrencies like this and their demand is on the rise.

3. BudBlockz (BLUNT)

BudBlockz is one of the upcoming cryptocurrencies that is still in the pre-sale stages. The platform has come up with several innovative developments to drive a unique market for the cannabis industry. It connects two rapidly growing industries: cannabis and cryptocurrency. The platform allows consumers to perform peer-to-peer transactions securely. BudBlockz has a diverse use case and will use blockchain technology to make sure to promote transparency and accountability in the marijuana industry.

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BudBlockz can help businesses and users take partial ownership of cannabis businesses and dispensaries. Moreover, the platform will enable users to buy or sell through a peer-to-peer model.

Besides providing a decentralized digital space for cannabis transactions, BudBlockz has several other innovative features, including the creation of a decentralized marketplace where users can purchase more than 10,000 Ganja Guruz NFTs. Those who purchase and hold this NFT will enjoy unique benefits, such as discounts on various marijuana products, partial ownership of dispensaries and farms, and membership in all BudBlockz dispensaries around the world.

BudBlockz is a decentralized exchange where you can use your BLUNT tokens to be part of the DeFi space and secure passive income. You can use your BudBlockz wallet to make easy payments simply with a button and participate in DeFi.

After its launch, early adopters can expect some big profits in the medium to long term.

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Altcoins are an excellent way to quickly increase your capital because, in a bull market, altcoins tend to outperform Bitcoin. The current prices of some altcoins may be better for sellers, but for buyers, it is an opportunity to snap up some tokens with great potential at bargain prices. So, expect market cycles to once again drive cryptocurrency higher in 2023, these altcoins can provide the best returns on your investment.

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Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/
Pre-sale registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz

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BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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