The best cryptocurrencies to diversify your portfolio in 2023

Crypto investors heading into 2023 should be careful to diversify their portfolio, as the recent FTX confrontation and other issues have shown. Despite these issues, there are many strong crypto projects that can lead to incredible growth in your investment.

So which cryptocurrencies are best for diversifying your portfolio in the new year? Many of the current projects fit into this category:

  1. metacade

  2. Metropolis

  3. Dogecoin

  4. The Orbeon Protocol

  5. hiding places

  6. Ethereum

At the forefront of these projects is none other than Metacade, a new but incredibly trending crypto project that has caught the attention of investors and analysts alike.

Metacade is undoubtedly one of the leading crypto projects that savvy investors can count on to diversify their investment portfolio and earn incredible profits by 2023.

Metacade aims to be a Web3 community hub for the Metaverse, allowing users to play and build games – and ultimately earn money through play and community interaction. This revolutionary project is only in phase 2 of presale, so now is a good time for investors to get involved with Metacade.

The value of the Metacade token (MCADE) is expected to increase from an initial $0.008 to $0.02 by the end of the pre-sale phase, attracting many new investors. Metacade has garnered so much attention that it managed to raise nearly $1.2 million in the first three weeks of pre-sales. Since then, it has stormed ahead, raising $3 million in just a few weeks.

The project offers users four earning opportunities. These include Play2Earn, Compete2Earn, Create2Earn and Work2Earn. Community members can earn Metacade tokens not only for participating in tournaments, but also for sharing tips and tricks on the community boards, beta testing new games, and even leveling up their favorite games. Starting in early 2024, there will also be a job board with internships and jobs for members of the Metacade gaming community.

Metacade’s white paper describes the plan to become a self-sustaining, revenue-generating platform. With the revenue from pay-to-play arcade games, advertising, sweepstakes and tournament entry fees, a starting spot and job offers, a reserve must be formed that the future of blockchain gaming must help shape. Metacade’s vision makes it a unique and incredibly exciting platform that easily ranks first on this list.

Another feature that Metacade will offer is Metagrant, a program that will be launched and will be a revenue stream to reward developers. This program allows developers to submit their game proposals and allows Metacade token holders to vote on which games they think should be developed for the arcade. The winning game proposals are funded with Metagrants and the games are then published on the Metacade platform.

These revolutionary features have led to Metacade receiving a lot of support from the crypto community. Having already raised over $3 million in the second phase of the presale, the project is set to take the remaining phases of the presale by storm.

Although the crypto market is struggling, causing many investors to abandon altcoins in favor of mainstream projects, Metaverse should be in your portfolio. If you only have one project to invest in – especially if you’re a gamer – Metacade is the company to support.

This incredibly promising platform has already attracted the attention of well-known crypto websites and analysts, and with the online gaming sector poised to explode in the coming years, participating in an opportunity like Metacades could make you a fortune.

>>> here you can participate in the Metacade Presale <<

2. Metropolitan

In the real estate market, especially in popular metropolitan areas, it can be difficult to buy a property without a large down payment and impeccable credit. And while the real estate market is booming, many people around the world can’t afford to buy a house or pay for its upkeep, let alone take advantage of the benefits of owning a rental investment property.

Metropoly aims to make real estate investing accessible worldwide by enabling people to invest in houses, apartments, villas, penthouses and apartment buildings at a fraction of the cost. Additionally, Metropoly offers a low barrier to entry and eliminates many of the hassles homebuyers face, such as dealing with banks and mortgage lenders, visa and citizenship requirements, and home maintenance.

How does metropolitan work? The Metropoly platform combines blockchain technology with real estate investing, allowing investors to purchase METRO tokens, which represent real-world ownership of homes and apartments in some of the most desirable areas around the world.

METRO token holders can buy, sell and trade real estate NFTs; they can also benefit from passive income by renting apartments and even borrowing against the tokens in their wallet. In addition, Metropoly users can eventually own a property they have invested in; Metropoly helps the owner with this and burns the NFT associated with the property. Metropoly is one of the best coins to include in a diversified crypto portfolio.

3. Dogecoin

Although Dogecoin (DOGE) is incredibly well-known and took a big hit from the FTX scandal, many analysts believe that Dogecoin is on the way thanks to the recent and ongoing support of Twitter CEO Elon Musk.

During talks with Elon Musk about buying Twitter, he highlighted the potential for a transactional feature built into the platform. “It would make sense to integrate payments with Twitter so it’s easy to send money back and forth,” Musk said.

Although Elon Musk has yet to deliver on his promise, many investors believe that Dogecoin (DOGE) will be the currency of choice when it does. If so, Dogecoin (DOGE) would be an incredibly lucrative investment.

Still, the dogecoin has fallen in price recently amid the drop in Tesla stock and recent rumors that Musk will no longer serve as CEO of Twitter.

For these reasons, one should be very careful with this investment. While it can be used to diversify your portfolio, it doesn’t hold nearly as much promise as a project like Metacade.

4. Orbeon protocol

One of the best cryptocurrencies to invest in is the DeFi blockchain crowdfunding platform, Orbeon Protocol. This platform allows capital-hungry startups to mint and fractionate NFTs and list the fractionated NFTs on the Orbeon Protocol exchange. Investors can get a stake in these exciting companies for as little as a dollar.

Orbeon Protocol also takes investor safety seriously. The company’s smart contract not only locks the liquidity pool to prevent blanket pulling, but also includes a mechanism that refunds the staked tokens if the company they support is unable to raise enough funds to get it off the ground.

Orbeon Protocol ORBN token holders can vote on projects to be listed on the exchange and also receive perks such as cashback rewards and trading discounts. They can also join the company’s investment club.

Although Orbeon Protocol is still in the presale phase, experts believe it will be a promising investment. The goal of the Orbeon Protocol is to turn the venture capital industry on its head and allow ordinary investors to support projects traditionally reserved for wealthy investors.

For those looking for the best coins to invest in right now, Orbeon Protocol is a great choice, especially in the short term. This project is currently in pre-sale and is expected to hit 7x in early 2023.

5. Hiding places

Hideaways (HDWY) is a cryptocurrency system that allows investors and crypto enthusiasts to buy virtual NFT lots at low prices. Some of these prices can go as high as $100, making this project a great place to start for any investor looking to diversify on a smaller budget.

Unlike Metropoly, Hideaways (HDWY) is a luxury real estate investment platform that allows users to invest in a managed portfolio of exclusive properties around the world.

Essentially, each minted NFT is associated with a luxury property. These NFTs are then divided into fractions and made available to investors.

Project Hideaways (HDWY) aims to be a revolutionary trading and investment ecosystem that makes real estate investing safe and easy.

The only downside to this project is that it is very niche. Still, it’s a good way to diversify your portfolio in 2023 and a good investment overall.

6. Ethereum

If you want to include the best coins in a diversified portfolio, you need to have either Bitcoin or Ethereum – the two big coins – in your wallet. Not only is Ethereum more environmentally friendly than Bitcoin, but it is also moving to a Proof-of-Stake (POS) system, making it more scalable with lower fees and faster transaction rates.

Metaverse will see a boost from projects like Sandbox, Decentraland and Metacade, meaning ETH tokens will see even greater use (and thus more value) as Ethereum is the blockchain of choice for Metaverse projects.

Ethereum (ETH) may not be the best choice for short-term investment, but crypto-enthusiasts who are patient are likely to benefit in the long-term by investing in ETH now. Many cryptoanalysts predict that Ethereum will do well, not only because of its connection to the Metaverse, but also because it is the current “blockchain of choice for developers.”

Which cryptocurrencies are the most promising?

So which of these cryptocurrencies are the most promising for investors looking to expand and diversify their portfolio? While many of these projects would be good investments, Metacade seems to be at the forefront in terms of potential and stability.

If an investor had to choose a project to diversify, what would be the best choice? The answer to this question is undoubtedly Metacade.

Metacade is a completely unique and revolutionary Web3 project that will last for the long term. This platform has been successfully audited by CertiK, making it a safe investment and ensuring that it is safe and stable.

Additionally, Metacade has great growth potential compared to the other projects on this list. Some sources predict that Metacade will reach $0.20 by the end of 2023 and will continue to grow as the excitement rises.

You can buy the cryptocurrencies on this list at eToro here buying.

You can at Metacade Presale here take part.

Disclaimer: Insights provided by crypto industry players and not part of CryptoMonday’s editorial content.

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