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Best Crypto Coins To Diversify Your Portfolio in 2023

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
January 31st, 2023

Crypto investors going into 2023 should be looking to diversify their portfolio, as the recent ordeal with FTX, and other issues have shown. Despite these problems, there are plenty of strong crypto projects which could lead to incredible growth in terms of your investment.

So what are some of the best crypto coins to diversify your portfolio as far as the new year goes? Plenty of recent projects fit this bill:

  1. Metacade

  2. Metropoly

  3. Dogecoin

  4. Orbeon Protocol

  5. Hideaways

  6. Ethereum

Leading these projects is none other than Metacade, a new but incredibly trendy crypto project which has caught the attention of investors and analysts alike.

1. Metacade

Metacade is, without question, one of the leading crypto projects that savvy investors can back to diversify their investment portfolio, leading to an incredible gain during 2023.

Metacade aims to be a Web3 community hub for the metaverse that allows users to play and build games – and ultimately earn money through gaming and interacting with the community. This revolutionary project is still only in stage 2 of its presale, making it a great time for investors to buy into Metacade.

The Metacade (MCADE) token is scheduled to rise in value from its initial $0.008 to $0.02 at the end of its presale, which is attracting many new investors. Metacade has drawn so much attention that it managed to raise nearly $1.2 million during the first three weeks of its presale. Since then, it’s stormed ahead, raising $3 million in just a few short weeks.

This project offers four earning opportunities for users. 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 for leveling up in their favorite games. There will also be a jobs board starting in early 2024 listing internships and gig opportunities for members of the Metacade gaming community.

Metacade’s white paper outlines its plan to become a fully self-sustaining, revenue-generating platform. It will use the revenue generated by pay-to-play arcade games, advertisements, prize draws and tournaments entry fees, a launchpad, and job listings to fund a treasury reserve which it will use to help shape the future of blockchain gaming. Metacade’s vision makes it a unique and incredibly exciting platform that easily takes the top spot on this list.

Another feature that Metacade will offer is Metagrants, a program that will be launched and a source of income to reward developers. This scheme will allow developers to submit their game proposals and Metacade token holders to vote on which games they think should be developed for the arcade. The winning game proposals will receive Metagrants funding to be produced, and then the games will be released on the Metacade platform.

These revolutionary features have led to Metacade attracting immense support from the crypto community. With the project already raising over $3 million so far in stage 2 of its presale, it is set to storm through the rest of its presale stages.

Although the crypto market has been struggling, which has led to many investors abandoning altcoins in favor of more mainstream projects, metaverse should be in your portfolio. If you only have one project you can invest in – especially if you are a gamer – Metacade is the company to back.

This incredibly promising platform has attracted the attention of popular crypto websites and analysts already, and with the online gaming sector set to explode in the coming years, getting in on an opportunity like that offered by Metacade could make you a fortune.

>>> You can participate in the Metacade presale here <<<

2. Metropoly

The real estate market, especially in popular metropolitan areas, can be tough to buy into without having a sizable downpayment and an impeccable credit score. And, even though the real estate market is booming, many people around the world cannot buy a house or pay to maintain it, let alone reap the benefits of owning an investment property to rent out.

Metropoly aims to make real estate investment accessible worldwide by allowing people to invest fractionally in homes, apartments, villas, penthouses, and multi-family properties. Additionally, Metropoly offers a low barrier of entry and removes many of the hassles home buyers face, including dealing with banks and mortgage lenders, visa and citizenship requirements, and home maintenance.

How does Metropoly work? The Metropoly platform combines blockchain technology with real estate investment, offering investors opportunities to buy METRO tokens that represent real ownership in homes and apartments in some of the most desirable locations around the world.

METRO token holders can buy, sell, and trade real estate NFTs; they can also benefit from passive income generated by renting units out and even borrow against the tokens they have in their wallets. What’s more, Metropoly users can eventually own a property they’ve invested in; Metropoly will help support the owner through the process and burn the NFT associated with the property. Metropoly is one of the best crypto coins to include in a diversified crypto portfolio.

3. Dogecoin

Although Dogecoin (DOGE) is incredibly well known and has taken quite a hit from the FTX scandal, many analysts believe that with the recent and continued endorsements from Twitter CEO Elon Musk that Dogecoin is here to stay.

During Elon Musk’s talks to buy Twitter, he lauded the potential of a transaction feature built into the platform. “It would make sense to integrate payments into Twitter so it’s easy to send money back and forth,” Musk said.

Although Elon Musk has yet to make good on his promise, many investors believe that Dogecoin (DOGE) will be the currency of choice if this occurs. If this happens, Dogecoin (DOGE) would be an incredibly lucrative investment.

Still, Dogecoin has seen recent drops in price with the fall of Tesla stocks and the recent rumors that Musk will no longer operate as Twitter’s CEO.

For these reasons, this investment should be a very cautious one. Although it can be used to diversify your portfolio, it’s not nearly as promising of an investment as a project like Metacade.

4. Orbeon Protocol

One of the best crypto coins to invest in is DeFi blockchain crowdfunding platform, Orbeon Protocol. This platform offers opportunities for capital-hungry startups to mint and fractionalize NFTs, offering the fractionalized NFTs on Orbeon Protocol’s Exchange. Investors can buy into these exciting companies for as little as a dollar.

Orbeon Protocol also takes investor security seriously. Aside from locking the liquidity pool to prevent rug pulls, the company’s smart contract includes a mechanism that refunds staked tokens if the company they back isn’t able to raise enough money to launch.

Orbeon Protocol’s ORBN token holders can vote on projects they’d like to see offered in the exchange and also get perks like cashback rewards and discounts on trades. Additionally, they can join the company’s investment club.

While Orbeon Protocol is still in its presale, experts expect it to be a promising investment. Orbeon Protocol’s goal is to disrupt the venture capital industry, allowing everyday investors to back projects traditionally reserved for wealthy investors.

Investors looking for the best crypto coins to invest in right now would do well, especially in the short term, with Orbeon Protocol. This project is currently in its presale and is expected to 7x early in 2023.

5. Hideaways

Hideaways (HDWY) is a cryptocurrency system that helps investors and crypto enthusiasts buy virtual NFT property for low prices. Some of these prices can be as low as $100, making this project a great starting point for any investors looking to diversify on a lower budget.

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

Essentially, each minted NFT will be connected to a luxury property. These NFTs will then be divided into fractions and made available to investors.

The Hideaways (HDWY) project aims to be a revolutionary trading and investment ecosystem and to make real estate investment secure and easy.

The one downside to this project is the very niche nature that it takes. Despite this, it still remains a strong way to diversify your portfolio in 2023 and a good investment overall.

5. Ethereum

Finally, anyone who wants to include the best crypto coins in a diverse portfolio needs to have either Bitcoin or Ethereum – the big two – in their wallet. Aside from the fact that Ethereum is more eco-friendly than Bitcoin, it is also migrating to a proof-of-stake (POS) system, making it more scalable, with lower fees and faster transaction rates.

The metaverse is set to boom on projects like Sandbox, Decentraland, and Metacade, which means that ETH tokens will become even more widely used (and more valuable as a result) because Ethereum is the preferred blockchain for metaverse projects.

While Ethereum (ETH) might not be the best choice for shorter-term investments, crypto enthusiasts who are patient will likely bank in the longer term if they invest in ETH now. Many crypto analysts predict Ethereum will do well, not only because of its ties to the metaverse but also because it is the current “blockchain of choice for developers.”

Which crypto coins are the most promising?

So which of these crypto coins are the most promising for investors looking to grow and diversify their portfolio? Although many of these projects would make good investments, Metacade seems to be leading the pack in terms of potential and stability.

If an investor had to pick one project to use to diversify, which is the best choice? The answer to this question is, without a doubt Metacade.

Metacade is an entirely unique and revolutionary Web3 project that will be around for the long term. This platform has been successfully audited by CertiK, making it a safe investment and ensuring that it’s secure and stable.

Beyond this, Metacade has a strong potential for growth compared to the other projects on this list. Some sources have projected it to reach $0.20 by the end of 2023 and will continue to grow as excitement spreads.

You can buy the crypto coins on this list at eToro here.

You can participate in the Metacade presale here.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.