Cryptocurrencies have transformed the financial environment, giving investors fresh opportunities and networks for profitable investments.While Bitcoin (BTC) and Ethereum (ETH) remain the most popular cryptocurrencies, there are other less prominent ones like Cardano (ADA), Golteum (GLTM) and more with enormous development potential.In this article, we will dive into the world of hidden crypto gems and make your crypto investment choice easier by examining the top five cryptocurrencies primed for enormous growth in 2023.Cardano (ADA) Developed in 2015 and launched in 2017, Cardano (ADA) is a Proof-of-Stake (PoS) smart contract blockchain platform designed to be an efficient alternative to the Proof-of-Work (PoW) consensus mechanism.
It aims to offer its users a secure and scalable platform for cryptocurrency transactions and to aid developers in creating decentralized applications (DApps).With a current market capitalization of over $10 Billion, experts predict that Cardano (ADA) will likely reach a price of $0.72 before 2023 runs out.That represents about 250% increase from its current price point.The platform currently has 108 projects launched with many more underway.
Its native token, ADA, has reached an all-time high of $3.1 and its Total Value Locked (TVL) has reached an all-time high of $465 million.This displays a solid performance and reflects growing mainstream adoption of the cryptocurrency.Chainlink (LINK) Chainlink (LINK) is a decentralized oracle network built on the Ethereum blockchain.It was founded by Sergey Nazarov and Steve Ellis in 2017.
The oracle network connects smart contracts to real-world data sources securely and reliably.LINK, a native token powering the network is an ERC-20 token launched in 2017, with an ICO value of $0.11.Over the course of four years, it gained about 48000% to land at an all time high of $52.88 on Feb 2021.It is currently dancing around $6 and is poised for more growth due to strategic partnerships with renowned companies like Google, StarkWare, Swift and more.
Additionally, the oracle’s robust crypto infrastructure and increasing demand make it a strong candidate for exponential growth.Solana (SOL) Solana (SOL) is a high-performance blockchain platform for decentralized applications and crypto ventures.It was founded by Anatoly Yakovenko and Raj Gokal in 2018 and launched by Solana Labs in 2020.Solana (SOL) overcomes scalability challenges that typically restrict blockchain adoption with its unique Proof-of-History (PoH) consensus mechanism and high transaction processing speed.The Solana native token, SOL, is one of the top traded cryptocurrencies, with an all-time high of $260.06 in 2021.Even though it has suffered significant price damage due to fallout from the FTX debacle, it is still a top contender among cryptocurrencies today.Its capacity to manage massive transaction volumes at cheap costs and incredible speed makes it an appealing platform for developers and consumers, fueling its potential for significant expansion.Polkadot (DOT) Polkadot (DOT) is a multi-chain technology that allows different blockchains to interoperate and share information effortlessly.
Gavin Wood (Ethereum co-founder), Robert Habermeier and Peter Czaban created it in October 2017.Polkadot (DOT) addresses one of the blockchain ecosystem’s fundamental difficulties by offering a scalable and safe environment for cross-chain communication.The DOT token powers the ecosystem, and is used to make payments and governance decisions.Currently, the value of DOT is miles below its all-time high of $49.80.However, Polkadot (DOT) has attracted significant attention and is primed for major growth in the future because of its revolutionary technology and increasing network of parachains.Golteum (GLTM) Golteum is an industry-raved multi-asset Web3 platform that combines the value of real-world metal assets with cryptocurrency trades.
Golteum sets itself apart from other cryptocurrencies by enabling access to rare metal assets, allowing users to trade, buy or sell precious metals like gold as fractionalized NFTs.One of the critical factors driving Golteum’s growth is its enhanced scalability due to its integration with the Polygon network.
It has also teamed up with FireBlocks, an institutional-grade crypto custodial platform.Thus, assets are safe on the Golteum platform.To bolster investors’ trust further, the Golteum team has undergone an intensive verification process by CertiK.The result is that six members of the team have received the silver KYC badge, meaning they are legit.
The platform also employs Chainlink’s proof of reserve mechanism, ensuring transparency of tokenization processes.This commitment to compliance paves the way for broader acceptance and adoption, driving Golteum’s growth even further.To put the icing on the cake, the Boston Consulting Group has predicted that the tokenized assets market will rise to a value of about $16 Trillion in 2030, with Golteum as one of its forerunners.Thus, the price of a GLTM token may easily reach $5 or more when it launches on major exchanges.
The above-mentioned reasons make us conclude that Golteum (GLTM) is the most promising pick among the top 5 coins we have outlined.The platform is already in the second stage of its presale with a price increase from $0.0074 (in the first stage) to $0.012.The cherry on top is that you get an additional 15% bonus when you participate in the presale stage 2.So, if you are looking to lock on to what might be a source of generational wealth, get in on the GLTM presale now before it sells out.For more information about the GLTM Presale: BUY GLTM PRESALE TOKENS NOW.
