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Home»Crypto»Cryptocurrencies That Have the Potential to Become the Next Bitcoin in 2023
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Cryptocurrencies That Have the Potential to Become the Next Bitcoin in 2023

By ElsaApril 1, 2023
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We all have heard the name Bitcoin, which is the first and most popular and dominating crypto on the planet. No other cryptocurrencies have ever topped this one. But experts suggest that there are some cryptos that can be the next Bitcoin in 2023, and those are:

Decentraland

The Decentraland is at the top of the list for many reasons, and one of them is its great benefits and creative outlet. Now, it is an Ethereum-powered blockchain cryptocurrency that has tons of benefits. It is actually a virtual reality platform that allows all its users to create, sell, or enjoy the apps and content that users can create here. At the same time, users who own or use this platform can do plenty of things with this platform, like exploring, developing, and monetizing the platform in a great virtual environment. Besides, users can make a profit by leasing the LAND as well as advertising and doing sponsored activities as well.

Polygon Matic

 

The Polygon Matic or MATIC-USD is actually a token which is used for powering the layer two platforms in blockchain technology. It is a very beneficial crypto token that is more sufficient than Ethereum. That is because its transaction speed is higher, and transaction fees are lower than Ethereum. On the other, this token is used to help the Ethereum platform for better chain connectivity and better scaling as well. It uses the Proof-of-Stake (PoS) mechanism in the blockchain. On the other hand, this crypto platform is used for resolving all the inefficiencies in the blockchain.

Waves

WAVES-USD is considered the final crypto that can be the next Bitcoin and dominate the crypto market. That is because this cryptocurrency has lots of beneficial features. It can create smart contracts like top crypto like Ethereum and also create Dapps. At the same time, the tokenization of cryptos is also a great feature that this platform possesses. However, the consensus mechanism that this cryptocurrency uses is the variation of the Proof-of-Stake called Leases Proof-of-Stake (PLoS) consensus mechanism.

Chiliz

Chiliz (CHZ) is a blockchain project that has a partnership with the leading football clubs on the planet, like PSG, Barcelona, and Manchester City. At the same time, Chiliz offers tokens that users can use to interact with their favourite football clubs, and as a fan of the football club, I am in favour of this feature. The tokens are designed this way so that fans can interact with their favourite team without any problems. And those tokens are also can be used for purchasing various things but from only their native platform, which is Socios.

Filecoin

The Filecoin (FIL) is record-breaking crypto that has the largest presale in the history of cryptos. In its initial stage in 2017, this crypto raised around $52 million, and it also raised $205 million in the ICO stage. And those presales made this the 38th largest crypto in the world and has over $2 billion in market capitalization, according to CoinMarketCap.

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Elsa
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Hi, I’m Elsa! Here at Newsblocks.net, I love digging into a little bit of everything—from trending stories to everyday insights—to keep you informed and inspired. Join me as we explore the news and ideas that shape our world, one block at a time.

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