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Altcoin Buzz uploaded a Youtube video today wherein their top 4 low-risk cryptos for 2023 were mentioned. In the video, Polygon (MATIC), Ethereum (ETH), Bitcoin (BTC) and Cardano (ADA) were mentioned as the best low-risk cryptos for this year.
Polygon (MATIC) made its way onto the list because of all of the major partnerships that the project has announced during this latest bear cycle. These partnerships include big brands including Nike (NYSE:NKE), Instagram, Starbucks (NASDAQ:SBUX), Reddit, and Disney which are currently all building products on the Polygon network.
Ethereum (ETH) is on the list because it is the top layer-1 crypto with an all-time high (ATH) of around $4,800. Given the altcoin’s current price, which stands at around $1,600.95 at press time according to CoinMarketCap, ETH returning to its ATH in the coming months will result in around a 3x gain, according to Altcoin Buzz.
Another crypto that is on the list because of its gain potential is Cardano (ADA), which is currently trading at $0.3647 at press time. Given its ATH of $2.86, the altcoin revisiting its ATH in the next bull run will result in approximately a 7.5x gain.
Lastly, Bitcoin (BTC) is the crypto market leader and has historically proven to be the most reliable asset-preservation coin in the crypto space. Altcoin Buzz stated that although long-term investors may not acquire double-digit gains by investing solely in BTC, they will still realize profits in their portfolio in the medium to long run.
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
The post ETH, ADA, MATIC, and BTC Named as 4 Best Low-Risk Cryptos appeared first on Coin Edition.
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