Experts Predict Crypto To Recover In 2023: Bitcoin, Dogecoin, and Dogeliens
During 2022, the crypto market suffered throughout. With a market crash early on in the year, it’s safe to say that the market has seen better days. However, many crypto enthusiasts and experts are predicting that the market could recover in 2023. Whilst this information can never be certified beforehand due to the unpredictability of the crypto market, it seems as if Bitcoin (BTC), Dogecoin (DOGE), and Dogeliens (DOGET) are three key cryptocurrencies to add to your new year watchlist.
Will Bitcoin (BTC) Recover?
Bitcoin is the most popular cryptocurrency in the market and is also the biggest crypto as it was the first cryptocurrency to exist. Created in 2009, it took some time for Bitcoin to become as big as it has, reaching an all-time peak of approximately $69,000 in November 2021. However, in 2022, BTC fell to the $16,000 mark which is a significant fall compared to 2021.
Due to the dip Bitcoin faced, many users have questioned whether Bitcoin can ever recover. However, experts believe that the end is nowhere near for Bitcoin. Due to the power and influence that Bitcoin holds, it seems as if Bitcoin will continue to lead the crypto market no matter what the market conditions.
Dogecoin (DOGE) Continues To Climb
Dogecoin launched in 2013 as a joke aimed at the perceived absurdity of Bitcoin’s popularity. As crypto was not accepted by society at the time, the creators of Dogecoin decided to start a cryptocurrency based on a meme – poking fun at the hype the industry was experiencing. However, over the years Dogecoin became very popular among users and started the trend of meme coins.
Although 2022 has been a rough year for crypto, Dogecoin has managed to do well despite the market conditions. At the time of writing, DOGE is ranked 8th by market capitalisation, meaning that DOGE has climbed up the crypto ladder by two spots. Whilst many users undermine meme coins as they do not offer much utility, Dogecoin has proved itself to be a strong crypto project that is likely to continue to do well in the upcoming year.
Dogeliens (DOGET) Set To Launch And Aim For The Stars
Dogeliens is a new meme coin that is currently in presale. Due to launch in 2023, Dogeliens has the potential to become a strong market leader and take over the meme coin sector. Whilst there are various meme coins in the market, Dogeliens stands out from the rest as it offers far more utility than the basic meme coin.
Creating a fun platform that different users can enjoy and learn from, Dogeliens expands itself into the metaverse, NFTs, DeFi, and more. Additionally, Dogeliens offers an educational service that teaches users about crypto. Aiming to educate the masses and help society embrace crypto, it seems as if Dogeliens is a project that can help shape the future of the market.
It is recommended to further your research before making any decisions or purchases due to the volatility and unpredictability of the crypto market. You are responsible for your own investments.
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