Take a look at the 5 hottest crypto coins of 2023.

For people who are interested in cryptocurrencies as another investment option in the new year. But I still don't know which coin to choose. This article will take a look at the top 5 crypto coins that investors around the world like the most according to the survey results. Coinmarketcap One of the world's most comprehensive websites for tracking crypto prices and information. By the results of this survey Asked for opinions of investors around the world. Which coins may have the best "potential" in 2023? The top 5 coins that received the most likes along with interesting information. are as follows

1. Bitcoin (BTC)

Bitcoin continued its strong reign as the world's most valuable cryptocurrency throughout 2022, so it's no surprise that people were first interested in and searching for Bitcoin, resulting in Bitcoin. It is like determining the direction of the crypto market. Because no matter when the price moves up or down Prices of other cryptocurrencies They tend to move in the same way almost every time.

The important event that will happen to Bitcoin is the Bitcoin Halving which is getting closer and closer. The Halving will theoretically reduce the supply of Bitcoin. If supply decreases while demand increases, then the price of Bitcoin will likely increase after every Bitcoin Halving, but this is only a prediction based on historical data. It cannot be guaranteed that the Bitcoin price will increase after the Halving.
Although the Bitcoin Halving will not happen in 2023, it is expected to happen around April 2024. It is definitely an important event that the world will be interested in. Because it may determine the next direction of the crypto market. Therefore, you should follow the news regarding the Halving carefully.

2 Ethereum (ETH)

Followed closely by the coin with the second highest value in the world. Ethereum It is an open platform for developers to write Smart Contracts to develop applications on the blockchain such as Dapp and DeFi. In the past year, Ethereum still held a strong runner-up position despite An Ethereum Killer that keeps on trying to take him down. But it still hasn't been successful. Therefore, it strengthens the confidence of investors more and more.

In 2022, Ethereum just had a major update, The Merge, which reduced the energy consumption of the Ethereum network by 99%. And in 2023 there will be another important update that the market is interested in. That time, the Shanghai Hard Fork is scheduled for March 2023. This upgrade will allow people who previously locked their stETH coins on Beacon Chain before The Merge to withdraw their coins and rewards. Got it in the end. But there are still issues that many people are concerned about. That is, if withdrawals are opened, will the supply of stETH coins increase and affect the price of ETH or not? It remains to be seen whether the Ethereum developers will have measures to prevent the selling of ETH, such as limiting the number of coins that can be withdrawn. In each round after opening the withdrawal or not, etc.

3.BNB Faucet (BNB Faucet)

Investors still have strong confidence in BNB. Even at the end of 2022, there were many incidents with Binance, such as the case where Reuters news agency released news about money laundering within the company. But because BNB is a coin that has its own Blockchain network like BNB Smart Chain, which has the advantage of speed and low fees. With many projects being developed on the network, BNB is another coin that investors around the world are most interested in.

4.Polygon (MATIC)

Polygon is another coin that has seen very interesting growth in 2022 due to its collaboration with many world-class brands, whether it be Disney choosing Polygon to join the Disney Accelerator program or the launch of an NFT collection with Coca- Cola, which people who have been in the Blockchain industry for a while will understand that To make the network grow until it becomes accepted by the general public is It's infiltrating people's lifestyles, and Polygon is working hard to become the most valuable Layer 2 Ethereum network to date.

5.Polkadot (DOT)

For those who don't know about DOT coins or Polkadot This coin is another coin with one of the most interesting concepts. Polkadot calls itself a Layer 0 coin, which is different from Layer 1 coins like Bitcoin or Ethereum because Layer 0 is the infrastructure. It allows developers to create Layer 1, with the aim of making Layer 1 networks connect and work together seamlessly in line with Polkadot's Connecting the Dots concept, which is very important. Because currently each Blockchain network cannot work together seamlessly, Polkadot's attempt to solve this problem has attracted the attention of many investors. In addition, Polkadot has a founder who is the former CTO of Ethereum like Dr. Gavin Wood makes investors even more confident in Polkadot's potential.

I hope this article will help investors learn what interesting coins this year 2023 will bring. However, investors must not forget to study the basics of each coin. Including following the news and managing risks regularly for effective investment. You can follow the news and study information about interesting digital assets at Bitkub Blog