Cryptocurrency experts name the most promising altcoins of the year

Cryptocurrency experts from MakeUseOf have compiled a list of the most promising altcoins worth paying attention to in 2023. The top ten include: ETH, AGIX, XRP, LTD.

Editor’s note: not financial advice!

Ethereum (ETH)
Ethereum, developed by Vitalik Buterin, was quite expected to take the first place. Being the most popular altcoin with the highest capitalization, it has a significant impact on the entire crypto market. Currently, BTC $97,511.62 Bitcoin 4.63% Market capitalization $1.93 trillion VOL. 24 hours $5.41 billion has reached $ 1800, up 3.4% in the past 7 days.

SingularityNET (AGIX)
The next promising altcoin according to MakeUseOf analysts is AGIX, the native token of the SingularityNET ecosystem, the first decentralized platform for AI applications. Due to the growing popularity of artificial intelligence, AGIX has managed to grow by 171.7% over the year, but currently, the token’s quotes have dropped by 6% over the past 24 hours.

Ripple (XRP)
The third cryptocurrency to be recognized by the experts was XRP, which is becoming increasingly popular among users. Large financial institutions and banks are increasingly using the Ripple platform for cross-border payments. Meanwhile, a lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) is ongoing. If the case is resolved in Ripple’s favor, XRP will experience a bullish trend. At the time of writing, XRP is trading at $ 0.54, which is 28% higher than last week.

Litecoin (LTC)
The last cryptocurrency in the ranking of the most promising was Litecoin, one of the first altcoins created, founded in 2011 by former Google engineer Charlie Lee. Analysts believe that this year the asset will experience a significant bullish momentum. This will be facilitated by the halving in the LTC ecosystem that will take place in the coming months. LTC is currently trading at $ 89.90, up 2.3% over the past 7 days.

In late February, a well-known cryptocurrency expert and investor under the pseudonym DonAlt shared his own predictions about the future of altcoins with his Twitter followers. The expert expects Litecoin to grow significantly. Moreover, DonAlt is convinced that LTC will surpass Ethereum in the short term.