Altcoins

Three Altcoins That May Potentially Attract Buyers in 2023

Altcoin Buzz released the names of three potential altcoins that he believes will potentially attract buyers in 2023. Coming up at number three is Litecoin. Litecoin was created based on the Bitcoin protocol, but it also differs in terms of the hashing algorithm used, the hard cap, block transaction times, and a few other factors.

LTC also has a block time of just two and a half minutes and extremely low transaction fees. It makes it suitable for microtransactions and point-of-sale payments. Additionally, Litecoin is believed to also undergo its third halving in July 2023.

Second on the list is ApeCoin. It is the governance and utility token used in the BAYC ecosystem. The launch of the Otherside metaverse will hopefully also improve ApeCoin’s utility.

First on the list is the Internet Computer. With the help of cryptographic advancements, the Internet Computer Blockchain incorporates a radical redesign of the blockchain architecture. By offering the first “world computer” blockchain, almost any online system or service can be built with it.

Joining the list alongside other altcoins is Bitcoin. Bitcoin is expected to touch its bottom this year. As predicted, whales and institutions might accumulate BTC before it undergoes its fourth halving this year.

2022 has been a tough year for cryptocurrencies. The slew of unforeseen events has had a major impact on the prices of all cryptocurrencies. As 2023 is here, analysts speculate that cryptocurrencies will bottom again before heading into a bullish stance.

   

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