Crypto Predictions for March 2023
Crypto investors are faced with the daunting task of choosing the right digital asset to invest in at the right time, and given the sheer number of tokens available, which is over 22,000, this can be a daunting task indeed. Crypto predictions are difficult to make, as crypto markets are highly unpredictable, but technical trends and fundamental project potential can give us an indication of which coins might be worth keeping an eye on in March 2023.
Although Bitcoin remains a compelling digital asset to invest in, its biggest gains are likely behind it, leaving many investors looking for the next trending coin. Bitcoin’s recent price movements suggest a positive uptrend that could be the start of a trend for the general crypto markets as well, with BTC’s price up 42% so far in 2023. upcoming halving event in April 2024 may cause the price to rise further.
As the cryptocurrency market continues to evolve, it’s important to stay up-to-date with the latest digital assets worth investing in to be ready for the next market uptrend. In this article, we’ll take a look at five cryptocurrencies worth checking out this month.
While the meme-inspired tokens that currently capture the attention of investors lack practical use and are mainly used for speculative purposes, well-established blockchain technologies such as ADA and MATIC that have real-world use cases offer promise for continued growth. FGHT, CCHG and METRO have unique functions and real use cases that make them also stand out. We dive into each of these digital assets, exploring their key features and their crypto predictions for March.
Fight Out Fitness App Crypto Predictions
Fight Out, an upcoming move-to-earn (M2E) fitness app, is gaining attention from investors and professional athletes as it prepares its innovative Web3 technology to enter the fitness industry with a bang.
High dropout rates and lack of motivation are among the challenges gym members face, and Fight Out offers much-needed solutions to tackle these issues. According to IHRSA, half of new gym members quit within six months due to insufficient personal customer service, motivation and connection. The Covid-19 pandemic has also led to many fitness centers being closed, giving customers limited access to fitness services. Some countries have seen shutdowns as high as 40-50%.
Fight Out provides a comprehensive solution, including personalized NFT avatars that display training stats, customized training plans, and REPS token rewards that can be redeemed for discounts on subscriptions, gym memberships, and other merchandise.
Mark Zuckerberg, for one, is a fan of MMA, sparring with fighters like Alexander Volkanovski in the Metaverse. Fight Out is the current crypto project closest to the MMA world, and the project will make major UFC ambassador announcements in March. Fight Out CEO Carl Jones has hinted at the possibility of users fighting their MMA heroes and gaining a reputation in the MMA metaverse. The company has also noted that Fight Out’s metaverse features will be built on users’ achievements, not their pockets.
Fight Out is the first in the industry to combine play-to-earn and move-to-earn. Competitive games in the app and in reality will allow users to grow their avatars and earn while propelling them forward with rewards and community.
The project is likely to be the biggest play-to-earn project of 2023, with pre-sales already approaching $5 million and closing on March 31 ahead of an April 5 IPO. While this isn’t technically March, it’s close. enough, and the project promises a lot at launch, especially since early adopters of the platform can expect exclusives NFTs.
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Cardano (ADA)
Cardano (ADA) has shared a community update highlighting the network’s recent growth. According to the update, 117 projects have already been launched on the protocol, and another 1,205 are currently under development, highlighting the potential for future growth.
The network’s total native tokens have also exceeded 7.8 million and the number of transactions on the Cardano network has crossed 61.8 million, highlighting its popularity among users. These latest statistics are a testament to the growth and potential of the Cardano network.
Cardano is currently trading at $0.3566, down 2.14% in the last 24 hours. It is currently sitting on a significant horizontal support area that extends from $0.3518 to $0.3579. If the price manages to stabilize around this area, there is a possibility that ADA’s value could rise towards the $0.40 to $0.42 range.
Despite the recent market downturn, Cardano’s developers remain optimistic about the future. The network’s ability to generate momentum regardless of market trends has been a decisive factor in its success.
C+Charge improves the EV experience with blockchain-based platform
C+Charge is one blockchain-based platform designed to improve the charging and payment experience for electric car owners. With the increase in global use of electric cars, there is a growing demand for charging capabilities, but the current infrastructure falls short. C+Charge aims to solve this problem by building its own charging stations while partnering with existing ones to make it easy for users to find and pay for charging.
In addition to streamlining payments across EV charging networks, C+Charge will provide real-time information on local charging options and vehicle diagnostics. EV owners using C+Charge will also receive Goodness Native Tokens (GNT) as carbon credits, which can be traded on the app. The carbon credit industry will be worth $2.4 trillion by 2027, and C+Charge’s platform is poised to open up access to this market for electric car drivers.
Through the partnership with Flowcarbon, C+Charge will allow electric car owners to earn carbon credits in the form of GNT every time they charge. The platform will also give fleet managers a way to monitor and fix issues with specific stations, ensuring EV drivers can reliably find stations that are up and running without issue.
Since climate change is a necessary investment topic for the foreseeable future, C+Charge is a future-proof application area for blockchain technology. The company has already secured its first international partner, Perfect Solutions Turkey, and is adding 20% of the electric car chargers in the country to the network.
The first phases of C+Charge’s pre-sale have been a success, raising over $1.8 million. The advance sale is divided into eight stages, with each stage lasting one week. The next price increase is less than a day away, and investors who buy CCHG in stage 4 will potentially see a symbolic price increase of 35% when the pre-sale ends on March 29, giving the crypto prediction for this coin a lot of potential.
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Polygyon (MATIC)
Polygon’s MATIC token has been experiencing a bearish trend since last week, with the price currently at $1.23. While technical indicators suggest a trend reversal, maintaining support at $1.20 would be the best strategy for bulls to push the price upwards to the significant $1.50 area.
On March 27, the Polygon ecosystem is set to launch its zkEVM Mainnet Beta, a milestone for the Ethereum layer 2 solution provider. The testnet has already achieved important milestones, including the creation of over 84,000 wallets and the deployment of more than 5,000 smart contracts. Polygon Labs has announced that more details about the mainnet beta will be released in the coming weeks, with security as a top priority.
MATIC’s current bearish trend is not unique to the token, as Bitcoin and Ethereum have also experienced downturns due to the current macroeconomic climate.
Support for MATIC is expected at $1.20 and if the price falls below the 50-day EMA at $1.189, bulls may have to look to the 100-day EMA at $1.078 for support. However, the launch of Polygon zkEVM could be a catalyst for a potential rally targeting $1.50 to $1.75, especially if the broader crypto market holds steady in the face of macroeconomic headwinds.
Metropoly’s NFT Marketplace brings instant liquidity and passive income
Metropolitan is an upcoming real estate NFT marketplace that aims to change the way people invest in real estate. The platform will enable users to buy and sell fractional shares in real estate backed by actual real estate worldwide. Unlike traditional real estate investing, Metropoly will not require credit score checks, down payments, mortgages or paperwork to get started. The platform is easy to use and anyone can get started with as little as $100 and start earning a passive income.
A major problem for traditional real estate investment markets is liquidity. However, Metropoly solves this problem by providing immediate liquidity, allowing investors to sell their properties for 70% of the price or the highest bid in an auction. With real-time analytics and data available on the platform, investors can make informed buying and selling decisions.
Metropoly’s primary utility token, METRO, has a limited supply of one billion tokens and is audited by CertiK and Solidproof.
Metropoly’s features, including shared ownership, instant liquidity and real-time analytics, make it an attractive investment opportunity and will likely make its fundamental crypto prediction positive and a great investment for when the platform launches.
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