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Investing in Cryptocurrencies in 2023, the Main Trends

The future of cryptocurrencies such as Bitcoin, Ethereum, and Stablecoin remains uncertain and volatile, and could be affected by new regulations due to events such as the sudden fall of FTX. Some predict that the cryptocurrency sector will recover in 2023 after a tumultuous 2022, believing that bitcoin will soar to $100,000 this year. Others don’t expect such a bright future.

However, 2023 could also be a turning point for cryptocurrencies as more and more governments launch their own centralized cryptocurrencies. China and the Bahamas have already paved the way, and other countries such as the U.S., U.K. and EU are expected to follow suit. This trend toward digitization could lead to more investment in stable coins, which are considered more reliable than volatile cryptocurrencies, making them a safer option for investors.

The decentralized finance sector, known as DeFi, is expected to receive increased attention in 2023. The idea behind DeFi is to offer an alternative world of finance and investment based on cryptocurrencies and blockchain technology, without intermediaries. Ethereum has a strong presence in this sector and is expected to grow in the coming years. In addition, meme coins may maintain their popularity in 2023 after the success of Dogecoin, which has a market capitalization of more than $13 billion. On the other hand, the future of NFTs remains uncertain, and there are different perspectives on their growth potential.