Three Cryptocurrencies to Watch Out For in 2023: Apecoin, Axie Infinity, and Watchvestor

There is no shortage of opportunities for investors who are looking for high returns and diversification in the crypto space. Among the thousands of options available three promising cryptocurrencies that have been making waves in the market. Find out what sets Apecoin (APE), Axie Infinity (AXS), and Watchvestor (WVTR) apart from the competition.

ApeCoin (APE) Could Rebound After Selling Pressure

Before the recent market downturn, ApeCoin (APE) – the utility token of the BAYC ecosystem, was showing promising signs. As the token powering the biggest non-fungible token (NFT) ecosystem, Apecoin is strategically placed to rise in value.

Despite the current bearish market trend which has seen the Apecoin value drop by 11% over the last 24 hours, crypto experts still hold out hope for APE. With the development of the APE ecosystem still ongoing, its release could be the turning point for Apecoin.

In addition, the Apecoin “Banana Farm” which allows users to stake their APE tokens and earn rewards in the form of other meme coins, has been growing in popularity. At the time of this writing, APE trades at $1.57, with projections of reaching $3.1 by the end of the year.

Axie Infinity Marketplace To Welcome More Games, Bullish News for AXS

Axie Infinity (AXS) is one of the most popular play-to-earn (P2E) titles in the blockchain space. In the Axie Infinity game, players collect, breed, battle, and trade digital creatures called Axies. This has helped Axie Infinity develop a vibrant ecosystem.

Regardless, 2023 has not been the best of years for Axie Infinity. In the last month, the price of the AXIE infinity token has dropped by 23% – with most of it coming in the last week as the crypto market crashed along with the global financial market.

Despite this, crypto experts are bullish about the long-term potential of the token. With more gaming titles set to launch in the Axie Infinity Marketplace, there is a projected rally that could take the price of AXS from $4.48 to as high as $6 in the third quarter.

Watchvestor: The New Platform Attracting Crypto Investors

Watchvestor is a platform creating a unique haven for investors seeking the rarest and most coveted luxury watches in the world. The goal of the project is to bring together watch enthusiasts, collectors, and investors from around the globe.

On this unique marketplace, investors will get the opportunity to buy, sell and invest in rare and collectible watches from renowned brands such as Rolex, Richard Mille, and Patek Philippe. What makes Watchvestor interesting is that investors require only $10 to buy watches on its marketplace.

Using fractional ownership, Watchvestor will allow multiple investors to own a share (fraction) of a luxury watch without having to buy the whole thing. Using this fractional ownership Watchvestor reduces the entry barrier to entry from thousands of dollars to just $10.

As the marketplace grows in popularity, crypto analysts have forecasted that its utility token, WVTR, would rise in value. At this time, WVTR trades at $0.03 in its first presale stage. However, crypto experts have predicted that it could reach highs of $0.5 before the year ends.

Find out more about the Watchvestor (WVTR) Presale Today:

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