Which Crypto Will Give 1000% Gains in 2023?

Image by Fareed Mindalano / Playground AI
After experiencing a notable 4.49% uptick yesterday, Bitcoin (BTC) is currently retracing and trading at $27,665, down 1.48% in the past day.
According to crypto analytics firm Glassnode’s recent report, however, on-chain data shows Bitcoin could break $28,000 soon.
In the past 24 hours, Bitcoin reached $28,462.73 but volatility has prevented it from staying above $28,000.
As the crypto market holds its breath for Bitcoin’s next major move, which crypto will give 1,000% gains in 2023?
The cryptocurrency market is always full of surprises, and the impressive launch of the Wall Street Memes ($WSM) token on May 26 is a recent one. Its value has already surpassed its initial coin offering price due to strong demand.
The project managed to sell $100,000 worth of $WSM tokens in a matter of minutes after announcing the presale launch and has raised over $1 million to date.
The Wall Street Memes project originated from the “meme stocks mania” in early 2021 where groups of retail investors coordinated to drive up stock prices, squeezing hedge funds that had shorted the shares.
The movement demonstrated the power of decentralized individuals united by a shared goal. The creators now aspire to infuse that ethos into the crypto space through the $WSM token.
The team describes Wall Street Memes as “tokenizing the movement” of individuals empowering themselves financially.
They believe that purchasing the $WSM token is a way for people to symbolically push back against institutions and governments that generally favor the interests of whales and Wall Street elites over everyday individuals.
The team sees cryptocurrency as a means of democratizing finance and opening up opportunities to a broader range of participants.
While hype and buzzwords commonly used to promote digital assets are noticeably absent from the team’s messaging, their vision, and objectives for the project shine through.
In line with their goal of empowering individuals, 100% of the $WSM token supply is allocated for the community. The team has reserved no portion of the tokens for themselves.
Half of the supply is available for purchase in the presale, 30% will be distributed as rewards to token holders, and 10% each will provide liquidity on centralized and decentralized exchanges.
Green Web3 Project ecoterra Onboards Big Brands, Raises $4.35 Million
Tackling the global waste problem through technology, the green cryptocurrency project ecoterra has built on its sustainability mission by including beverage giants in its recycling rewards system.
Coca-Cola, Carlsberg, Evian, and other brands have been added to ecoterra’s database of scannable products, so people can earn crypto for scanning and recycling their bottles.
The upgrade shows the potential of how web3 projects and corporate brands can work together to benefit the environment.
Looking Ahead: Memes, DeFi, Green Coins, and the Year of Impact
While Bitcoin seeks to establish $28,000 as a new support level, the broader crypto market offers emerging opportunities.
Projects like Wall Street Memes and ecoterra demonstrate the potential for substantial returns and real-world impact.
With a vision for empowering individuals and tackling environmental challenges using blockchain, these web3 initiatives could surge over 1000% in 2023 if they achieve mainstream adoption and success.
Wall Street Memes and ecoterra are tapping their social networks and brand collaborations to widely share their vision, ultimately looking to drive significant gains for those who support them in their early stages.
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