Analyst Cantering Clark named three altcoins that will grow significantly in 2023

A trader with the pseudonym Cantering Clark shared his opinion on altcoins that are likely to grow in 2023 with his 156,700 Twitter followers. The expert pins particular hopes on three tokens: Decentraland (MANA), Frax Share (FXS), and ApeCoin (APE).

According to Cantering Clark, MANA $0.30 Decentraland 0.40% Market capitalization $0.56 billion VOL. 24 hours $3.28 million , owned by the Decentraland project, is showing a short bearish squeeze, signaling readiness for further growth. «Interest in GameFi and metaverse is growing. In my opinion, MANA has the potential to further increase in price, given that the OI of [Open Interest] is almost double the normal rate,» Cantering Clark tweeted.The second on the list of contenders for growth in 2023 was the Frax management protocol token FXS $2.04 Frax Share 5.70% Market capitalization $0.17 billion VOL. 24 hours $2.83 million . According to Cantering Clark, FXS is forming a solid bottom and is preparing for a breakout. «I'm betting that Frax Share will grow very soon,» the analyst emphasized.After analyzing the price chart APE $1.06 ApeCoin -1.59% Market capitalization $0.76 billion VOL. 24 hours $33.98 million , Cantering Clark said that the native token of the NFT community Bored Ape Yacht Club is likely to continue to grow after it overcomes the resistance level. Currently, the BAYC development company is going through hard times — the founders of Yuga Labs must leave their positions, according to a court order. The reason was the failure to appear at the hearing in the case between Yuga Labs and NFT artist Ryder Ripps.

It is worth noting that Cantering Clark is not the only expert who has bet on the growth of ApeCoin in 2023. In early December, the popular anonymous crypto strategist Altcoin Sherpa said that the currency has a high chance of successfully surviving the bear market and growing.