Most Cryptocurrencies are trading in green, above where they were a week ago. Analysts shared their expectations for DOGE and these 4 altcoins.
Experts are optimistic about cryptocurrencies
The year 2023 seems to be an interesting year for the cryptocurrency market. On the one hand, the future direction of the market and the duration of the FTX fallout are uncertain. However, ‘cryptocurrencies to invest in 2023’ is undoubtedly the hottest topic in the cryptocurrency space right now.
The value of cryptocurrencies fluctuates daily due to their dynamic nature. Overall, experts are optimistic about the medium-term prospects of the cryptocurrency market and think it should only survive a tough few months.
Among the notable cryptocurrencies are DOGE and these 4 altcoins.
XRP
XRP is the most popular, fastest and most cost-effective cryptocurrency for cross-border trading. This cryptocurrency is responsible for transacting with different currencies across the network.
cryptocoin.com As we mentioned, the price of XRP instantly increased by $ 0.3731, the market cap was $ 37 billion and the 24-hour trading volume increased by 29.32%. It currently stands at $1.3 billion. At the same time, the circulating supply is approximately 50,623,288,122 XRP.
Cardano (ADA)
Cardano’s value has dropped nearly 8% last year. Experts predict that Cardano will recover in 2023. This cryptocurrency is known for its proof-of-stake mechanism.
Cardano’s price at the time of this writing was $0.324, its market capitalization was $14.5 billion, and its 24-hour trading volume was up 2.10%. It is currently $366 million. At the same time, the circulating supply is about 34,518,639,817 ADA.
GALA (GALA)
Gala’s price has increased by 120.54% in the last 7 days. Its price began to drop after Gala Games deleted a tweet announcing it had signed a deal with rock. According to experts, Gala tokens can still be winners in 2023.
The Gala price is $0.0405 at the time of this writing, with a market cap of $1.4 billion. However, 24-hour trading volume was $551 million, down 8.46%. At the same time, the circulating supply is approximately 6,977,205,436 GALAs.
Avalanche (AVAX)
The price of Avalanche tokens has increased by 26% recently. The increase was followed by the announcement of an alliance between Ava Labs and Amazon Web Services (AWS).
At the time of this writing, Avalanche is priced at $15.35 with a market cap of $11 billion. In addition, the 24-hour trading volume increased by 375.55% to 1 billion dollars. At the same time, the circulating supply is approximately 311,582,143 AVAX.
Dogecoin (DOGE)
Dogecoin adoption is driven by several common factors. Dogecoin has become a must for collectibles as a result of the hardworking team. Unlike other coins, this cryptocurrency has no creation restrictions. It is one of the cryptocurrencies that is always growing.
Dogecoin’s price at the time of this writing is $0.07874, with a market cap of $10.4 billion. 24-hour trading volume increased by 15% to $507 million. At the same time, the circulating supply is approximately 132,670,764,300 DOGE.
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