10 Bombshell Cryptocurrency Predictions for 2023: These Altcoins Are On The List!


Analysts expect blockchain adoption to increase over the next year. However, they are making predictions about cryptocurrencies for 2023.

Cryptocurrency capitals and NFTs

Experts begin the list with crypto venture capital financing. This venture capital will continue to decline until the first half of 2023. But that’s not a bad thing, rather it normalizes to a point that is rational. Investors don’t want to catch a falling knife, so they expect things to bottom out while weighing broader macroeconomic concerns and the risk of a global recession. At the same time, it will continue to be funded to fill the gap left by new consensus (layer 1/2), interoperability (layer 0/bridge), lending, trading protocols, recent hacks treasury deficits, regulatory changes and stock market crashes.

Second, experts say that in 2023, the Web3 anarchist culture that rejects the need for big brands will disappear. Participants will eventually realize that when there is no outside money from big brands, all you have is a token whose only value comes from user and speculator dollars. Instead, projects will embrace big brands and the advertising, marketing and sponsor dollars they bring. Thus, the dream of Web3 will be achieved by apportioning meaningful external capital among real users. Web2 brands such as Nike, Starbucks, and Meta consistently focus on NFTs as the preferred format. It will also continue to experiment with Web3 with an emphasis on customer acquisition and engagement rather than monetization. cryptocoin.comAs we have also reported, NFT coins are given as examples of ApeCoin, The Sandbox, Tezos.

Web3 apps and communities

Third, the experts say people will realize that what many people think about community on Web3 is bullshit. “Community” was often a cute word used to describe “a group of speculators on a Discord who shared a common dream of quick wealth and abandoned the project when the wheel of growth stalled.” Strong, connected decentralized financial communities and autonomous online and offline decentralized organizations such as LinksDAO will continue to see exceptions to the rule. But what we will realize in 2023 is that the whole Web3 project ideal /community fit was often just project/speculator fit. So we cannot ignore the fundamentals of true product/market fit.

In fourth place, it is stated that quality and discovery will be emphasized as Web3 application development costs decrease and user acquisition costs increase. Web3 will help developers and users find each other more efficiently. L1s and wallets will initially compete for this position. But probably a new player will take over it. Breakthrough Web3 apps in 2023 will look like the most downloaded and top-grossing apps in the early mobile era, like Angry Birds in 2009. Applications will feature simple user experience and graphics with intuitive, innovative engagement and monetization mechanisms. Palkadot, Flow, ApeCoin are examples of Web3 tokens.

Web3 games and stability

Fifth, the current trend towards “stability” and “sustainability” in Web3 games is in some ways due to the bumps of Axie Infinity. It will spawn a wave of products that have built-in stability but lack the dynamic boom-and-bust nature of crypto speculation. This will create a flat, quiet player experience that feels like a copycat version of existing Web2 video games. Over time, game developers will relearn that market speculation is part of the fun. Then he will try to combine it in healthy, responsible ways.

In sixth place, Web3 will continue to offer a solid foothold, with apps that are functionally clones of existing businesses, but with some key blockchain components. These apps will create a marketplace of users who want the same traditional core product offering but with some affinity for Web3, similar to many legacy internet companies (like Amazon as a web bookstore) or mobile companies. They will differ greatly in marketing and experience rather than the core product offering. A few of them will bet the moonshot on Amazon, a truly paradigm-breaking innovation.

L1 and stablecoins

In seventh place, apps say they will increasingly rely on existing, capitalized tokens to power token-related mechanisms. Ethereum will continue to delay its roadmap in 2023. But when he finally posts to reduce gas fees, alternative L1s will see a huge drop in interest. Examples of L1 tokens are Bitcoin, Ethereum, Solana.

In eighth place, stablecoins are said to find more use cases outside of the crypto capital markets. This, in turn, will drive wider adoption, particularly in businesses, and innovation on the Web3. Governments and private blockchain research and development will continue with some announced centralized public infrastructures such as central bank digital currencies or marketplace infrastructure. Examples of stablecoins are Tether (USDT), USD Coin (USDC), Binance USD (BUSD).

Crypto culture wars

In the ninth place, it is stated that the culture wars around crypto money will heat up towards the end of 2023. It will, however, lead to the United States election cycle. The booms and busts will continue with random hacking, overly aggressive risk exposure, and outright fraud. More politicians will take strong stances on crypto. But the US government will remain undecided about regulation to the detriment of domestic industry. Any resulting edits will be patched. However, risky projects can still be allowed to be overlooked.

Finally, as creators evolve during the bear market, in 2023 there will be NFT profile picture projects, win-win projects, alternative L1s, etc. There will be a point at which new growth areas will begin to emerge beyond the existing dominant narratives such as The next cycle is these new frameworks, bringing in several hundred million new crypto users/wallets. Then it will promote real consumer benefit and adoption.


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