The best cheap crypto to buy right now to make 10X in 2023
2022 was the year of the crypto bear market, with prices plunging as challenging global economic conditions took hold and some major crypto exchanges crashed. As crypto bear market conditions continue into early 2023, investors are looking for cheap crypto that can give them 10X gains between now and the end of the year.
Seasoned crypto investors appreciate that markets are cyclical, and a bull market usually follows every crypto bear market. Therefore, now is the perfect time to invest in cheap crypto, before market conditions ease, to see the returns roll in. Here are the best cheap crypto to buy right now to potentially make 10X gains this year:
- Metacade (MCADE)
- VeChain (VET)
- Cronos (CRO)
- Ripple (XRP)
- Tron (TRX)
- Cardano (ADA)
1. Metacade (MCADE) – May be the best cheap crypto to buy right now for potential 10X returns
Metacad is a brand new virtual game that harnesses the power of Web3 and blockchain technology to become the largest GameFi provider in the industry. Their multi-layered and exciting strategy will build a vibrant community of like-minded gaming enthusiasts – giving them a place to hang out, make new friends, play games, and earn revenue from the widest variety of play-to-earn (P2E) titles in the metaverse.
Funded by the original MCADE token, Metacade will create a self-sustaining ecosystem, powered by revenue generated by community members and multiple external sources. MCADE token holders can stake coins to participate in online tournaments, prize draws and pay-to-play titles. Meanwhile, external companies can pay to advertise, publish games and post job vacancies on the exciting virtual hub.
This funding contributes to reward schemes that run parallel to the P2E mechanics, including Create2Earn, Compete2Earn and Work2Earn. This diverse set of rich opportunities for members to earn passive income already sets Metacade apart from other GameFi platforms. However, there are even more features that elevate Metacade above the competition.
In prime position is the pioneering Metagrants initiative, which promotes innovation in Metacade and the wider Web3 industry. Metagrants was launched in Q3 2023 and supports the development of new, exclusive titles. Developers submit ideas for new games, which Metacade’s community votes on and decides which titles will be produced. Winning developers receive funding support, ensuring a steady stream of high-quality new releases on the platform.
Metacade has gained tremendous momentum during the pre-sale event, selling out the first stages in just 10 weeks, raising $5 million. Total investments have exploded to 8 million dollars as pre-sales continue to win. With the MCADE pre-sale expected to sell out completely before it skyrockets in value when it hits the exchanges, this is certainly one of the best cheap cryptos to buy right now.
>>> You can participate in the Metacade presale here <<
2. VeChain (VET) – Blockchain provider with transparency and efficiency
VeChain is an enterprise-class blockchain provider that aims to increase transparency throughout supply chain networks, increasing efficiency. Their solutions allow companies to track products from the component manufacturer to the end customer through a supply chain process. The ultimate goal is to improve supply chain security by offering protection against counterfeit goods and fraud, offering all stakeholders security and transparency throughout the process.
VeChain has gained support from some big names in the automotive industry, with Renault and BMW among those using their solutions. Meanwhile, PriceWaterhouseCoopers (PWC) and Walmart China have also used VeChain solutions, helping to demonstrate their real value and viability.
Instead of standing still, VeChain is branching out into carbon management in 2023, in a move that looks set to see its original VET coin gain serious traction. They launched their VeCarbon CO2 emissions management SaaS platform in late 2022, which businesses and governments have adopted to help them achieve their carbon neutral goals.
Far from being a pie-in-the-sky crypto project, VeChain demonstrates the real value of its platforms. In fact, their focus on eco-sustainability gives them a huge opportunity to become a leading efficiency provider in crypto markets. The current price of $0.024 represents excellent value as one of the best cheap cryptos to buy right now for investors looking for 10X potential returns this year.
3. Cronos (CRO) – Standard-bearer crypto exchange
Cronos (CRO) is the native coin of one of the world’s leading centralized crypto exchanges, Crypto.com. With more than 70 million customers globally trading on their exchange, Crypto.com also offers the industry’s most comprehensive insurance coverage and verified proof of reserves.
Users can use the CRO coin to benefit from crypto products and DeFi solutions offered through Crypto.com’s extensive network of services. Meanwhile, users can also take advantage of excellent benefits that include discounts on trading fees, secured lending solutions, payment solutions, a VISA debit card that allows users to earn cashback rewards in CRO tokens, and an attractive interest-accumulating account.
This hugely comprehensive CRO use case, which powers the extensive Crypto.com network, enables the platform to offer its market-leading range of services. This makes it a handsome prospect in the current crypto bear market, with the price of CRO a paltry $0.079. Given the size of Crypto.com’s platform and exciting array of services, CRO is a prime candidate to make 10X returns this year.
4. Ripple (XRP) – Low transaction fee platform key to Ripple’s growth
An ongoing lawsuit between Ripple Lab and the US Securities and Exchange Commission (SEC) has prevented Ripple from unleashing its full potential on crypto markets. The SEC is challenging XRP’s legitimacy as a secure token, leading to the coin being delisted from several exchanges. Despite that, several global financial giants continue to support Ripple, including Bank of America, Bank of England and Santander.
Ripple Labs aims to revolutionize the financial industry with its alternative to the cumbersome and expensive SWIFT international payment system. Ripple’s alternative solution has been successfully tested by these financial institutions to carry out daily international payments with great success. By offering a similar service to SWIFT, Ripple can cut costs to less than $0.01 per transaction while completing transfers in seconds.
A decision in the lawsuit is expected to land in mid-2023, with several analysts predicting that the verdict will fall in Ripple’s favor. If this is the case, the continued support of global financial giants, Coinbase and thousands of existing XRP coin holders will help the value of XRP skyrocket. Although somewhat speculative at this stage, XRP looks like a risk worth taking as its current value of $0.4111 is set to rise later this year.
5. Tron (TRX) – Scalable blockchain with design on web decentralization
Tron is an open-source crypto platform that gives users access to a high-speed network that combines efficiency with a cheap consensus mechanism. The result is a platform that offers a colossal transaction capacity per second (TPS) at affordable prices.
Tron’s self-proclaimed goal is to decentralize the web, and place the power of the internet back into the users’ control. The platform supports this goal by enabling developers to use the platform to create decentralized applications (dApps), such as video streaming apps and GameFi platforms. To support these initiatives, Tron has its own custom smart contract support system, the Tron Virtual Machine (TVM), which enables simple transactions and smart contract consensus.
Tron’s unparalleled scalability solutions give developers access to a versatile and user-friendly platform with built-in safety and security. Additionally, Tron’s belief that individuals should be able to control who gets access to their data, rather than having it automatically mined by tech giants like Facebook and Google, adds another compelling strand to its use case.
As the appeal of a decentralized network continues to build, Tron is well positioned to become the market leader in this industry. The price of its native TRX coin is $0.0624, making it one of the best cheap cryptos to buy right now for anyone seeking a potential 10X return this year.
6. Cardano (ADA) – Layer 1 network with massive changes expected in 2023
Since launching its layer-1 blockchain in 2017, Cardano has become one of the best options for anyone seeking an alternative blockchain that offers greater functionality than Ethereum. Its proof-of-stake (PoS) consensus protocol gave users access to a faster, more energy-efficient and cheaper blockchain than its larger competitors.
As other blockchain providers have turned to layer-2 solutions in recent times, Cardano’s critics have accused them of falling behind the times. The excellent news for Cardano users and holders of the original ADA coin is that massive changes are coming in 2023 to bring Cardano’s solutions to the next level.
In 2023, the platform will launch its new layer-2 solution called Hydra, which could provide theoretically infinite levels of scalability and eclipse its rivals. Meanwhile, Cardano is undergoing the Voltaire phase of its transition towards becoming a fully decentralized autonomous organization (DAO), completing the process by the end of the year.
Other plans include the addition of stablecoin Djed to Cardano, which looks set to significantly increase their share of the DeFi market. These exciting plans, combined with Cardano’s existing reliable, secure and affordable network, seem to be driving a massive increase in the price of the ADA token. Currently trading at $0.3827, the potential for 10X returns in 2023 makes ADA one of the best cheap cryptos to buy right now.
Metacade (MCADE) is one of the best cheap cryptos to buy right now for potential 10X gains in 2023
Crypto bear market conditions have seen prices across the board fall to extremely low levels, meaning there are huge values to be had for the long-term, patient investor. One of the best deals out there at the moment is Metacade, with its extensive roadmap and exciting plans for the GameFi market, capturing the attraction of smart investors seeking platforms with high potential.
After launching its beta sale at $0.008, MCADE is currently valued at $0.0155 under the stage 5 of the advance sale. With the price increasing through the presale to $0.02, after which MCADE will be listed on centralized and decentralized exchanges, demand for tokens is expected to increase once it goes public, and the case for buying MCADE tokens now is obvious.
Anyone hoping for a potential 10X return on their investment should back MCADE now to get in on their low pre-sale prices; once the pre-sale ends, MCADE will likely not be available at this giveaway price again.
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You can participate in the Metacade presale here.
