Rise of Elongate crypto coin : 5 Best Crypto Coins to Hit 50x Gains in 2023

Elongate Crypto coin is a community-driven cryptocurrency that was created as a way to support humanity while providing investors with a potential return on their investment. It operates on the Binance Smart Chain and was launched in April 2021.

Why Elongate is not similar to other cryptocurrencies?

It’s mainly the community-driven aspect. The elongate crypto coin has made a commitment to donate a fraction of every transaction to various charities. This means that investors not only gain the potential return on their investment but also contribute to making a positive impact on the world.

The Elongate community is also incredibly unique. It has quickly gained a dedicated following that is actively involved in spreading awareness about cryptocurrency and the charities that it supports. The team behind Elongate has also made a point to be transparent with the community, providing regular updates on their activities and charitable contributions.

Why invest in Elongate?

Firstly, the potential for a return on investment is there, as with any cryptocurrency. But with Elongate crypto coin, investors can also feel good about their investment, knowing that they are contributing to charitable causes.

Additionally, the strong and dedicated community behind Elongate provides a sense of community and purpose that is not always present with other cryptocurrencies.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

Now we will share 5 more crypto coins that are expected to hit 50x potential in 2023. Seat tight and let’s roll into the best cryptocurrency blog. 

elongate crypto coin

Metacade – An all-around crypto coin with 50x potential

Metacade is a new blockchain-based project that plans to create the largest play-to-earn virtual video arcade in the metaverse. It runs to be a community hub where gamers can earn while playing P2E ( Play-to-earn) games, interact with other gaming enthusiasts, and help lead the Web3 gaming revolution.

Apart from P2E, there are other ways for users to earn passive income on Metacade. MCADE token holders are rewarded for social interactions, from writing game reviews to contributing to live chats, and sharing tips and tricks to help others.

Why invest in MCADE?

Metacade’s presale launched at $0.008 per token and hopes to sell out during every phase. The price will rise through each subsequent stage to a closing value of $0.02. The project has already raised over $3 million in the first few weeks of its presale.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

elongate crypto coin

Ripple (XRP) – A DeFi investment with great potential in 2023

Ripple is a digital asset that supports real-time global payments, making it a cheap and efficient way for the average customer to transfer money. XRP, the native coin, is used to facilitate international payments, reducing the time it takes for banks to process border-cross financial transactions.

One of Ripple’s strengths is its wide range of use cases, an important reason behind the expected growth in value for the token. It underpins Ripplenet, one of the leading Fintech enterprise-grade payment systems over the past decade, and supports the XRP Ledger (XRPL), a decentralized network that supports smart contracts and decentralized applications.

Why invest in XRP?

Investing in XRP is currently a bit risky, as Ripple is facing a long-term lawsuit with the US Securities and Exchange Commission (SEC). However, many experts believe that Ripple will come out of the legal challenge unscathed, which would benefit the currency significantly in terms of investment and value.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

elongate crypto coin

Shiba Inu (SHIB) – Meme-coin that expected to be big player in 2023

Shiba Inu is a coin that is a great entry point for new investors in crypto and the Web3 area. It gained popularity and growth when 400 trillion tokens were sent to the creator of Ethereum, Vitalik Buterin, who decided to burn 90% of these coins, later valued at $6.7 billion.

Why invest in SHIB?

Shiba Inu is expected to transition from a popular meme coin to a serious player in the DeFi space in 2023 with the release of Shibarium. This network promises lower costs for SHIB transactions and provides a platform for creating dApps, expanding Shiba Inu’s attraction and usability.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

elongate crypto coin

Polygon (MATIC) – A layer 2 network solution that looks set for growth in 2023

Polygon is a layer 2 scaling solution that increases the scalability of Ethereum’s blockchain. It enables businesses and developers to build advanced dApps and DeFi solutions on Ethereum’s blockchain while taking advantage of increased security, rapid transaction speeds, and lower costs.

With its PoS consensus algorithms bringing security, reliability, and reduced costs to Ethereum’s blockchain, Polygon has become a popular option for dApps and DeFi project developers.

Why invest in MATIC?

Polygon has proven to be one of the most innovative projects that help developers create cutting-edge digital services while becoming a global competitor. With blockchain adoption only likely to grow over the coming days, Polygon has a big impact on driving innovation, making it one of the best DeFi projects to invest in.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

elongate crypto coin

Dogecoin (DOGE) – Meme coin withDeFi benefits could make 50x gains

Anyone with even a passing interest in cryptocurrency cannot have helped to have noticed Dogecoin thanks to the support of new Twitter CEO Elon Musk. Such was the hype behind Dogecoin that Musk advocated using this meme coin as a potential alternative currency to help his purchase of the social media monster. 

Why buy DOGE?

Although Dogecoin has yet to break through with a real-world application, Musk’s belief that it could form a replacement currency has fuelled speculation that Dogecoin could really take off in 2023. This makes DOGE an interesting DeFi-enabling investment option.

It’s essential to note that investing in any cryptocurrency is inherently risky. It’s important to do your personal research and only invest what you can afford to lose, whether it is an Elongate crypto coin or other crypto coins.

Summary: 

Investing in elongate crypto coin or another cryptocurrency is a highly conjectural and risky attempt. However, it can also be highly rewarding if done with a proper knowledge of the market and its trends. To make an informed decision on which coins to invest in, it is necessary to conduct thorough research and analysis of the project, its development team, its potential for real-world applications, and its performance in the market. It is also important to diversify one’s portfolio and not put all investments in one coin. While the cryptocurrency market can be volatile, with proper research and risk management, investing in crypto coins can be a worthwhile and potentially profit-making venture.

You can read our other cryptocurrency blog given below:

  1. Bitcoin Future Review
  2. Earn Passive Income on Crypto
  3. History of Cryptocurrency

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