The cryptocurrency market has had a rocky 2022. It has seen almost every facet of financial turmoil, from the demise of the Terra ecosystem in May to the recent failure of cryptocurrency exchange FTX.
However, according to Coin Bureau’s Guy Turner and Altcoin Daily’s sibling duo Aaron & Austin Arnold, the price crash has given investors better options for the upcoming bull run in 2023.
Top 3 Cryptocurrencies for 2023
In a recent Youtube interview, Guy Turner was asked about his favorite cryptocurrencies for the coming year. In response, Guy named Turner Cosmos, Algorand and Wow as his top three choices.
The crypto YouTuber also said that he loves Cosmos (ATOM) because of its interoperability feature and the massive community that forms the backbone of the project. He reportedly said:
I think it’s a great project. I like Cosmos, I think the project has really cool technologies and there is a great team behind it.
ATOM, which is Turner’s top pick, is currently ranked 24th by total market capitalization and is trading at around $9.12, according to cryptocurrency market tracker Coingecko.
Algorand’s untapped potential
Next, Turner backed Algorand (ALGO), noting that the coin has the potential to be a key participant in the upcoming bull market. After reaching an all-time high of $3.28 four years ago and losing more than 95% of its value since then, ALGO is currently trading at $0.168.
DeFi is still in the running in 2023
In third place is his fondness for Aave (AAVE), which is a DeFi platform for individuals to lend and borrow cryptocurrencies. With a total market capitalization of $783 million, Aave is considered one of the 50 most valuable cryptocurrency projects among the many projects trying to cash in on the DeFi craze.
After falling 92% from its peak of $666.86 in May 2021, the altcoin is currently trading at $55.67 at the time of writing.
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