5 Cryptocurrencies for Investment in 2023 Bitcoin #BTC Eth | developer on Binance Square

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5 Cryptocurrencies for Investment in 2023Bitcoin #BTC
Ethereum #ETH
Binance #BNB
Cardano #ADA
Zilliqa #ZIL
- Do your own research before buying.
- Long-term investors: The target is the last ATH.
- Daily traders: Scalping with a good margin at your own risk.

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$HMSTR — It looks like we are facing a pump and dump scheme. Bitcoin is about to reach $90k, and Hamster can’t even get back above $0.007. Unfortunately, if Bitcoin drops dramatically below $70k, Hamster will likely suffer even more, possibly reaching the $0.0015 level. #cryptomarketcapATH #HaveYouBinanced #MicrosoftBitcoinRejection #meme_coin

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$ADA — Are we heading to $1? I hope so. In the past, Cardano reached over $2.70 when Bitcoin was above $65K. Currently, Cardano is hovering around $0.45 while Bitcoin is over $75K, so why is Cardano still below $1? Some large investors might be hesitant due to political factors, particularly since Charles Hoskinson hasn’t supported either the Biden or Trump administrations due to their stances on crypto regulations. Will these investors reconsider and bring new capital to Cardano? I’m not sure, but we’re hopeful that Cardano could climb back above $1. Let’s wait and see what happens, if we don't hit $1 in the next few months, the next support level might stabilize slowly around $0.20. The current circulation supply ~ 35 billion out of 45 billion. #MicrosoftBitcoinRejection #Trump47thPresident #Solana #Ethereum

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$ADA — The untold story. Who wants ADA to be above $1? I think most of us who invested in ADA, including me, but the reality is different. Cardano was listed on Binance for spot trading in April 2018, after the 2017 bull run. ADA was created to compete with Ethereum on scalability. I remember Litecoin was promoting SegWit to boost its price to $500 and it was in the top 5 on CoinMarketCap. In 2021, the circulating supply of ADA was about 32 billion, less than the current supply of 3.7 billion in 2024. The chances of returning to $3 are decreasing even with a 100% successful hard fork. The untold story is politically driven among investors. Since the beginning of 2020, Charles Hoskinson has made great efforts. By the way, Charles didn't like the Trump administration because it started regulating crypto. When the Biden administration took office, public relations with investors pushed ADA's price to $3. Nowadays, the scene is changing. Charles has said he doesn't like the Biden administration because of crypto regulations and wants to support Kenedy Jr. in the election. However, the opposite is happening because the chances of Trump's return are higher, and he promised to boost crypto, but who knows. I don't know, how Charles can handle this, but it seems the issue about the incoming investors is being decreased due to political opinions. #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #MtGoxJulyRepayments #CPIAlert

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$PEPE — Is it possible for Pepe to reach 50 cent? Honestly, no. With a circulating supply of approximately 420.7 trillion, the massive supply keeps the coin's price under a cent for years. It would require burning about a billion coins every month and the development team would need to make it usable for Web3 games, for example. Pepe's current market cap is around $3.6 billion, and to reach $0.50, it would need a market cap of approximately $209 trillion. #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #US_Job_Market_Slowdown #meme_coin #pepe

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$ADA — Why hasn't #Cardano reached $3, and can it hit $7? Although Charles Hoskinson is working hard to make Cardano successful, investors have found other opportunities to 10x their capital in the same timeframe. Cardano couldn't reach its previous all-time high (ATH) of $3, even though Bitcoin reached its ATH of $65,000. The current circulating supply of ADA is about 35.8 billion out of a total of 45 billion, which is significantly higher compared to other projects with similar concepts. To see Cardano at $7, its market cap would need to be $255 billion, implying that Bitcoin would need to be valued at $1.15 million first. #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #US_Job_Market_Slowdown

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