At the start of the new year, many feared that it would be more of the same for the cryptocurrency industry, which has been in a bear market for the better part of the last seven months. Such scepticism comes as a result of how bad the last year has been for the cryptocurrency industry.
In 2022, the industry recorded its largest crypto outflow to date, as worsening conditions within the crypto market forced major investors to withdraw their funds. However, it has been smooth sailing so far for the cryptocurrency industry this year. Many industry-leading altcoins, such as Bitcoin (BTC) and Ethereum (ETH), are recovering in the markets, and the recent pump provides an opportunity for crypto regulars, such as investors and traders, to generate massive profits so early into the new year.
The recent pump in the crypto market makes this period an attractive one for crypto investors, both seasoned veterans and newbies. With quarter one just a month in, it is still possible to generate huge returns before the wave dies down. This piece suggests three highly promising cryptos that could yield a massive return on investment (ROI) for crypto investors in 2023. Here’s why you should invest in Binance Coin (BNB), Avalanche (AVAX) and Big Eyes Coin (BIG).
Binance Coin (BNB) Rises Up The Ranks
Binance Coin (BNB) is a popular industry-leading cryptocurrency. Exhibiting many attractive features, particularly the trading fee discounts. As the name suggests, the Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest cryptocurrency exchange platforms based on daily trading volume. The token plays a huge role within the Binance ecosystem by providing utility and facilitating several crypto operations, such as network governance, user interaction and payment fees. It plays a huge role in the Binance platform’s plan to bring cryptocurrency exchanges to the forefront of financial activity globally.
Within the Binance ecosystem, Binance Coin (BNB) provides utility and facilitates several crypto operations, including network governance, user interaction, payment fees and rewards. BNB stock is listed on top crypto platforms within the industry, such as Binance and Coinbase Pro.
Avalanche (AVAX) Scalability and Security Made Available
Avalanche (AVAX) is a popular crypto platform within the cryptocurrency industry and is one of the few blockchain networks with the capacity to rival Ethereum (ETH), the world's dominant smart contract platform. It is notable within the cryptocurrency industry for many impressive features, such as providing an ideal environment that provides feasible solutions to many of the hardest problems in the industry, such as stability, speed and transaction throughput.
Its native cryptocurrency, AVAX, plays an integral role in its ecosystem by providing utility and facilitating all sorts of crypto operations, from network governance to user interaction and payment fees. The AVAX token is listed on top crypto platforms, such as Binance and Coinbase.
Big Eyes Coin (BIG) Boosts Its Appeal With Further Presale Level
Big Eyes Coin (BIG) is a highly attractive meme cryptocurrency that is dominating the headlines of crypto news in 2023. The token plays a huge role in the Big Eyes crypto project. An initiative centred around the development and growth of the blockchain industry. It boasts several interesting use cases and real-life applications, such as transaction taxless crypto operations.
Big Eyes Coin (BIG) is currently on presale and has raised over $15 million. For more information on the token, click here.