The world of crypto is predominantly influenced by two blockchain-based giants, Bitcoin and Ethereum. While Bitcoin is the leading cryptocurrency used solely as an investment and for making transactions, Ethereum serves a different purpose. It is a major blockchain-based software platform and was first proposed by Vitalik Buterin in 2013 to expand crypto use cases. ETH is the native crypto of the Ethereum blockchain.
Anyone who has experience in crypto investments would take the present condition of the market as an obvious sign to look for promising alternatives. Fortunately, there is never a shortage of upcoming crypto projects that attract investors’ focus in this industry. In case you have lost a substantial investment in ETH’s current struggle, finding alternatives like Dash2Trade, IMPT, Calvaria, and Tamadoge is essential to recover the losses.
Being one of the two dominating cryptos in the market means that when ETH goes down, it indicates an overall bearish forecast for numerous other crypto projects. ETH is currently on a volatile path, and investors, holders, and supporters should keep an eye on its prices. Ethereum, according to CoinMarketCap, is not showing any bullish signs of a breakout that would entice investors.
In this article, we shall explain in detail the current predicament faced by Ethereum for crypto enthusiasts looking for a way out of this mess. Once you realize the features and innovations that both IMPT and Tamadoge offer, it would be easier to invest in them and observe their rally before 2023. Furthermore, to avoid losing more investment, we will also share 5 of the best crypto alternatives.
An overview of Ethereum’s performance
Before we get to the 5 best alternative cryptos that have massive potential to rally even before entering 2023, let’s understand what is wrong with Ethereum’s performance. Ethereum has been in the headlines for not one but several reasons these days, but it’s important to note that most of them are concerning. As of now, Ethereum supporters have never had to worry about use cases, the stability of the project, future plans, mainstream adoption, or rumors.
However, the market is now saturated with Ethereum-like alternatives that provide the same functionality but at a high cost. Despite having an unbounded supply, which is a rare occurrence in the crypto market, ETH’s annual inflation rate has reached 4.5%. That’s not all. ETH took over 3 long years to reach a new ATH of $4,379 which sharply fell to the current level ($1,499).
In terms of ETH investors, the current situation is costing them a significant amount of money. When major cryptos like Ethereum remain flat, there is no hope for top altcoins.
5 best alternatives that will rally in 2023
The following is a detailed overview of the 5 best crypto alternatives that indicate a potential rally in 2023.
Dash 2 Trade
If you wish to invest in the future of crypto trading but also benefit from a plethora of useful crypto trading tools and services then Dash 2 Trade should be your preference. This revolutionary crypto project is all about shifting paradigms to simplify crypto trading, making it less complicated for new participants. That is the charm of Dash 2 Trade which is responsible for its remarkably successful presale stage 1.
Dash 2 Trade is building a feature-rich crypto intelligence platform equipped with social analytics, strategy builder tool, on-chain analysis for popular crypto, and a unique scoring system for presale launches. Investors are pouring into Dash 2 Trade presale because it is the only way to purchase the D2T token which influences the entire ecosystem of this project. Currently, D2T is equivalent to 0.05 USDT which is going to reach 0.0513 once stage 2 concludes.
Dash 2 Trade is available to buy Ethereum and also USDT after connecting one’s wallet to the presale page on the official website. investors do not have to worry about security of funds because the contract code of D2T has gone through rigorous checks and audits performed by SolidProof. According to the audit report, D2T is 100% secure to invest in right now. The team behind Dash2Trade has also been verified by CoinSniper through latest KYC terms and regulations.
All of these reasons make Dash2Trade one of the hottest crypto investments right now.
IMPT.io (IMPT)
For a long time, there has been no green crypto project that guarantees to be a promising investment except one called IMPT.
This particular blockchain-based eco-friendly project has only one goal, and that is to reduce the carbon footprint of individuals and businesses alike. The IMPT marketplace would be a platform where users could buy items from partner brands that are sustainable. This way, users can fund and support eco-friendly initiatives and thus earn carbon credits.
Carbon credits are increasingly important for IMPT investors as they can be bought, sold, or even retired, which earns them an NFT in exchange. Just like Tamadoge, IMPT has started to create a buzz with its presale, which is still underway. Unlike ETH, IMPT is offering a stable and one-of-a-kind approach to sustainability using blockchain technology.
Calvaria (RIA)
One of the many presales that are live right now is of Calvaria: Duels of Eternity. At first glance, it might seem like a high-end battle card game but what makes it unique is its Play-to-Earn approach which makes it easy for the general public to accept and access crypto.
Gaming is a great front that brings together both real world and the crypto together and Calvaria is aiming to do exactly that by releasing a playable version of its game. What makes investors consider Calvaria as an emerging crypto investment to make right now is its ongoing presale for RIA tokens. As of now, RIA presale has completed 85% of stage 4 where 1 USDT equals 40 RIA tokens. This is probably the only time you can grab RIA tokens at a steal price.
Tamadoge (TAMA)
If you are interested in potential winners that make a grand entry into the crypto markets through a successful presale, then you should give Tamadoge a chance. In its own carefully built Tamaverse, players are allowed to breed, care for, and train their virtual pets (available as NFTs), called Tamadoge pets. Recently, Tamadoge broke all records as a new crypto after it raised over $20 million in just a couple of weeks.
PancakeSwap (CAKE)
Every crypto investor recognizes PancakeSwap as the largest decentralized exchange platform dedicated to BEP20 tokens. Its native crypto, CAKE, is currently making positive movement towards a bullish rally that could unfold before 2023. The recent price action of CAKE has investors’ focus and attention glued to its price charts.
Solana (SOL)
Solana is often mentioned when experts discuss the potential alternatives to the Ethereum blockchain. The competitor to Ethereum with its native crypto SOL comes with a reliable platform offering fast transactions and cheap fees. These qualities allow SOL to rally in the future under suitable conditions.
Ripple (XRP)
Though XRP is going through a concerning legal entanglement, it has every right to be considered a good enough alternative to ETH in the present situation. Just like Tamadoge and IMPT, XRP is considered to have a promising future in 2023 if it experiences a bullish rally in time.
Conclusion
On the basis of thorough market analysis, it is clear that Tamadoge and IMPT are your best bets to invest in rather than losing money in ETH. There are undeniable signs that these two emerging crypto projects will enter 2023 with a memorable rally.
