As we begin 2023, many analysts and investors are hoping for the end of this bearish market, and that we move into a bull market, or at least experience a strong bull run at some point. Now is the time to invest in promising cryptocurrencies, as prices continue to dip and stagnate around the lowest they’ve been for years – there is only one way from there! In this article, we will explore five different cryptocurrencies that could do very well next bull market. Read on to learn more about Ethereum ($ETH), Chainlink ($LINK), Dogecoin ($DOGE), Shiba Inu ($SHIB), and finally, but not least, Big Eyes Coin ($BIG).
Ethereum: Giant Cryptocurrency Still Offers A Lot
Ethereum (ETH) is perhaps the most important cryptocurrency in the crypto space at the moment. It acts as the building block for many other cryptocurrencies and has huge utility and applicability for blockchain technology development. It traditionally has done strong in bull runs, and although its entry point is high, being the second most expensive cryptocurrency in the market, it still holds huge potential for profit and is well worth the investment and research.
Chainlink: Interoperable, Effective Data Transfering Solution
Chainlink (LINK) is a cryptocurrency that is trending strongly upward, with many analysts believing that because it offers serious utility and real-life use cases, it can only go strength-to-strength. It securely connects smart contracts with off-chain data and services – effectively linking on-chain to the off-chain, opening a whole heap of functions and possibilities to blockchain technology. Whereby some cryptocurrencies survive on hype alone, Chainlink is proving that having serious utility is key to long-term growth, and there’s a full expectation that it will soar in profitability and popularity come the next bull run.
Dogecoin: Pioneer Meme Coin Still Showing Strong
Dogecoin (DOGE) came around late in 2013 and was originally designed to satirize the hype and furor around Bitcoin (BTC). It was based on the widely popular meme Doge and offered very little but the silliness and humor of the meme. However, due to Elon Musk endorsing it, alongside its fun and energetic take on cryptocurrency, it has grown to become the giant meme coin on the market. It also has done very well in recent bull markets, hitting its all-time high of almost $0.70 per token in the last major bull run. Due to its low entry price, it is a worthwhile investment in order to diversify one’s portfolio.
Shiba Inu: A Thriving Ecosystem
The next meme coin is Shiba Inu ($SHIB), which has an impressive ecosystem. Based on the cute Japanese breed of dog, Shiba Inu uses cuteness and utility to push its popularity. It is pushing forward both the NFT and metaverse aspects of crypto and is looking forward to a strong year. Its price point is lower than Dogecoin, and therefore could be a better option for investment in 2023.
Big Eyes Coin: The Next BIG Meme Coin?
Big Eyes Coin (BIG) is the newest and hottest meme coin to emerge in 2022 and has trended strongly since. It has raised an impressive $12.5 million in its presale in the current bear market and doesn’t look to be slowing down any time soon. And why is it doing so well?
Well, it offers a lot, not just meme cuteness. It stands out due to its cat-themed design, whereas most meme coins follow the dog theme set by Dogecoin. Big Eyes Coin also has a lot of utility – an NFT club, named Sushi Crew, DeFi services, and charitable foundations, to name a few. It has a dedicated wallet with 5% of all BIG tokens in it, ready to donate to charities that aid the preservation of our planet’s oceans and marine life.
Not only this, but because Big Eyes Coin is currently on presale, it means it is far cheaper than it will be when it launches on Uniswap. The Big Eyes team is always looking to give away BIG tokens as part of promotions and discounts, especially when bought in the presale. For example, when clicking the button below, and using exclusive code BIGsave854 would result in BIG discounts and bonuses with your purchase.