Today we reveal the TOP 3 altcoins with the biggest potential for gains in 2023!!! The bears will exhaust next year & another bullrun will take place. What crypto coins are going to surge when the bulls return!? The first crypto could compete with binance. The second has real world enterprise adoption. The third cryptocurrency will be a huge airdrop!! Which coins are they? Tune in to find out…
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⏰ Time Stamps ⏰
00:00 Intro: Top Altcoin Picks for 2023
00:52 Federal Reserve pivoting on inflation data
02:12 Altcoin Pick #1: GMX
04:53 Altcoin Pick #2: Energy Web
09:26 Altcoin Pick #3: NFTperp
11:03 Chico Crypto NFT
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The year is coming to a close & 2023 brings us
a new year, with new opportunities to be had In the crypto space. Will the markets rebound
next year & flip bullish? What cryptocurrencies Are going to RIP once bullishness returns?
Well today I’m dropping my top altcoin picks For 2023…what are they? Find out in about ten
minutes….because it’s time for Chico Crypto!!! So what are my top coins for 2023!? Well
before we dive head first into that, We need to decide if 2023 will be the year
the bears exhaust and the bulls takeover…. Well…a bull market will only return
if the FED slows the pace of their Aggressiveness due to inflation
falling to their target levels. And the FED is beginning to slow
their aggressiveness. Last FOMC Meeting on Wednesday of last week, the
FED slowed their interest rate hikes for The 1st time. They raised by 50 basis points,
instead of the 75 like the 4 previous raises. That is because inflation is dropping steadily,
from a high of 9.1 in June down to 7.1 for November…but things are looking even better for
inflation, when you look at truflation…the actual Inflation number that is independently
calculated taking in many other factors, Giving a better reading of inflation. Truflation
has US inflation, at under 5.8 percent!! So yes, if the trend continues…it seems
the economic environment in 2023 will be Satisfactory enough for the markets
to wake back up and turn bullish!! Which means right now is the
time to be preparing that 2023 BAG!! So what is my #1 altcoin pick for 2023!? Well this year showed us exactly
what crypto is all about. You cannot trust centralized entities
with your money. Celsius blew up, FTX crashed and burned, and Binance
is currently having big problems. Thus crypto projects who focus on
decentralizing trading are HIGH on My radar. And one I’ve been bullish
on throughout the year is GMX!! GMX is a decentralized exchange that
provides the decentralized trading Of assets, swapping and using up to 50x
leverage to go long or short & if you're Going to use the leverage, make sure
it is legal to do so in your country… The value of GMX comes from the revenue share…100
percent of the platform’s fees are distributed to Holders of GMX & GLP, their liquidity pool
token!! Their token design is beautifully Crafted, which allows for a compounding
flywheel effect & the fees you receive From trading on the exchange is paid in ETH!!
And those FEES are just stacking and stacking Up…recently GMX flipped the binance smart chain
on cryptofees, to become the 3rd highest producing Crypto product out there with over 1 billion in 24
hour fees paid out entirely to GMX & GLP stakers! But something BIG is coming for GMX, which could
even put it into a position to compete with
Binance in terms of trading volume….billions
upon billions, 100s of billions even… And that is GMX synthetics. GMX synthetics will
allow the trading of any type of asset. It opens The door to all crypto assets, and beyond into
things like precious metals, stocks, and more. As we can see the codebase is deployed in
their github, and in their discord…KR of The GMX team gave an update of what is going
on with the development of the synthetics. They said “Updates for the Week. Should
be finishing up work on the interface code For deposits and withdrawals for synthetics
this week and moving on to the trading page.” Deposits and withdrawals are done!!!
Trading page is next…they are CLOSE!!! My #2 Cryptocurrency for 2023 is one of my
OG loves. It’s a coin I talk about a lot, And some people might not like
that…but it’s for good reason!! Every cycle, the shitcoins get washed away in the
bear, with many to never return. The real coins, With real world adoption and users are
the ones who start to RIP early in a Bull. And no other coin has as much real world
adoption by BIG industry names than this one… That is Energy Web!! Do you need an example? Well
going to Energy Web’s website, And scrolling down to partners…the
1st one that rolls through is Google!! But are there real world transactions
happening on Energy Web with Google? Yes there is….and Google is in
on the BIG ONE!! Decentralizing Energy communities allowing them to
transact their energy with one another!! Back in October of 2020…I actually covered this,
Energy Web and Community electricity partnered To bring decentralized energy communities to
California and beyond, across the Americas! The article stated “The partnership
will initially focus on three projects: One in Los Angeles County, California, USA;
a campus microgrid in Bogotá, Colombia; And another in Medellín, Colombia’s
second-largest city. In each project, Energy Web and Community Electricity
will deploy digital infrastructure Across multiple power plants, customers, and
distributed energy resources (DERs) to enable Multiple applications leveraging the Energy
Web Decentralized Operating System (EW-DOS)” Back then I knew this was huge,
especially since they were getting To trail this in the United States.
But back then Google wasn’t involved… Checking out their website today…and
scrolling down to partners…we can see That Google is in on this, decentralizing
energy trading…among other big names like The California Energy Commission the primary
energy policy and planning agency for the state, But also one of the states most
recognizable colleges, UCLA! Google and Energy Web connect on many fronts
besides this…Google has invested in Energy Web,
They have multiple projects happening
together all around the world. Energy Web is the only crypto who can claim a real
partnership with a trillion dollar company!! Speaking of trillions, Energy
Web may be partnered with the Company who rules the United States
financial markets who has had as much As 10 trillion dollars in assets under
their management! That firm is Blackrock… A couple months ago….Blackrock announced they were
getting in on the Bitcoin game, by launching a Private trust…and they specifically shoutout
Energy Web saying “BlackRock is encouraged That organizations such as RMI and Energy Web are
developing programs to bring greater transparency To sustainable energy usage in bitcoin mining, and
will follow progress around those initiatives.” Now the CEO of Blackrock, Larry
Fink gave a public interview just A couple weeks ago & was asked about
crypto…let’s hear what he had to say…. He knows this tech is going
to be VERY important….i wonder Where he thinks most of the money will flow? Larry believes in crypto and decentralized
options, he believes decarbonization is where they Money will be…and his company has specifically
mentioned Energy Web, saying they will “follow” Their progress and initiatives? I don’t know about
you, but those dots are easy for me to connect. Now there are many other tokens who are on
my list, to rage next bull run. This includes Chainlink, Rocketpool, Polkadot, gains network,
Ocena protocol, Illuvium and a few others… But to finish this episode, I want
to cover something new & something That could be airdropping their token. That is NFT Perp which allows a person to go long
or short on the floor price of NFTs!! This is BIG…leverage trading for NFTs!!
This is a brand new idea & when the Bull market resumes along with NFTs,
NFT Perp will see a ton of volume!! So airdrop? Well A DeFi Riddler on twitter
tweeted this about NFT Perp just a few weeks Ago. “NFT Perp is a perpetual futures
DEX for NFTs.To engage their community, They launched a trading competition
leveraging Tide.Tide enabled to: -Gamify the TC with dynamic NFTs
changing based on a leaderboard -Mitigate bots, so only real
users get the airdrop allocation. So how do you get yourself in a position
to get some tokens? Well they have a paper Trading competition going on…you trade fake money
& participants are going to be airdropped tokens. As we can from the leaderboard it says “Trade with
mock WETH & win prizes up to 500,000 NFTP tokens” Finally speaking of NFTs, the Chico Crypto
ecosystem has launched our first one, A music NFT on public pressure…and one of the
perks? You get some alpha videos from this Channel early! Link to purchase on public pressure
is down below! Cheers I’ll see you next time!
