Next Cryptocurrency to Explode in 2023 According to Reddit

We are in 2023 now, and cryptocurrency has been established as a  normalized trading asset, and mode of investment for some time. Although there were predictions of a major downfall for a couple of years, statistics show otherwise.  

Experienced traders and expert investors are now looking forward to good returns despite its volatility and recent history. While it is understandable for newbies to shy away from crypto now, if you are someone who thrives in a risky market and is focused enough to retrieve an improved ROI, Reddit has some good news for you.

5 Cryptocurrencies to Explode in 2023 According to Reddit

When the conversation is about open online forums and community, Reddit always takes the top spot and for good reason too, since it provides much more flexibility to the users.

That being said, there were some lively discussions about the crypto that will boom this year. While there are a handful of strong contenders, here are the top 5 cryptos that are to explode this year:

FightOut

The Gaming industry has seen a big surge over 5 years now. There are lots of investments and measures being taken to further boost the industry. And the audience is positively responding to it.

Newer technologies and methods are being introduced in the sector. With that in mind, FightOut is one of the few cryptocurrencies that are tailored for the gaming and sports industries.

Even though it is still the new kid on the block, it didn’t take time to get the attention of Reddit. Experts believe it can be the next best thing in 2023.

MEMAG

MEMAG is a brand-new P2E concept. According to Reddit, its native token MEMAG will undoubtedly be the next digital asset to take off in 2023. The goal of this initiative is to establish itself as the largest crypto-gaming organization.

It is also the first blockchain initiative that is solely centered on mobile gaming where the sole goal is the quality that is maintained while the user earns cryptocurrency. Therefore, users may have fun while playing games on their mobile devices and still make money.

Ecoterra

Leading ecologically friendly cryptocurrency Ecoterra has drawn significant notice on Reddit for its creative strategy. The project’s goal is to create an improved Recycle2Earn platform that will let users get rewards for taking part in environmentally responsible activities.

They have effectively run one of the leading companies in the area, and have a project staff with extensive knowledge of the recycling sector. Ecoterra has partnered with renowned grocery chain Delhaize to launch the Recycle2Earn platform.

With its innovative approach, Ecoterra tackles environmental issues like climate change by combining components from the “P2E” idea, and rewarding recycling actions. 

Shiba Inu

Shiba Inu is a fantastic illustration of a meme coin that has quickly managed to carve out a substantial niche for itself. Despite having no intrinsic worth, SHIB was very successful in 2021 and won the trust of many followers and cryptocurrency aficionados. 

After its first victorious mission, many people anticipated that this cryptocurrency would fade away, but it was able to complete a second mission in the autumn of 2021. Can it match and surpass its prior highs once more? 

Despite the various uncertainties in the markets, analysts predict Shiba Inu may see a significant increase this year.

Calvaria

It is one of the rare cryptocurrencies that are developed to cater to the medical industry. As we are witnessing cryptocurrency being normalized to more and more people, healthcare is one of the big industries that are slowly and steadily welcoming cryptocurrencies. And the experts believe Calvaria would be the first one to make a strong impact. 

Crypto Subreddit to Have Your Eyes On

A place for detailed, and technical discussions regarding cryptocurrency is r/CryptoTechnology. In this subreddit, you may have in-depth conversations without being bombarded with ads, or other poor-quality material.

There Are Always a Chance of High Risks

Each of the ideas on this list is a serious contender to become the next cryptocurrency to go viral in 2023, despite the horrifying bear market. It might not look trustworthy, as crypto markets always run on high risks. But, who can say, maybe these predictions will come true?

Disclaimer: Investing can be quite a wild ride – especially when you don’t know the terrain! To keep things from getting too rocky, take some time beforehand to get familiar with all of the risks involved. Our site is here to up your investor game by providing all available intel about platforms and trends, but we don’t take responsibility nor can we be held accountable as advisors. That being said, it’s still important for you to make educated decisions that match what works best for YOU – just remember: no amount of savvy will guarantee success or protect against loss so invest money you can spare