Cryptocurrency: Top coins with big potential

By now, we are all familiar with top crypto coins like Bitcoin, Ethereum, and XRP, to name some of the big guns in the market, but there are other coins you should not overlook. 

It has been a good year for crypto, with most coins bouncing back after a sub-par 2022. 

Coins like Bitcoin and Ethereum have had a good year so far, with the former gaining 75% in 2023 and on track for its best annual performance since 2020. Meanwhile, according to Forbes, Ethereum prices are also up 55% in 2023.

XRP prices are also rising, meaning the crypto market is booming overall. However, while these coins are the most popular amongst investors, some other coins have the potential to go big in the second half of the year. 

CasinoFans takes a look at some of these coins. 

MultiversX (EGLD)

EGLD is seen as the next big crypto because it is popular among Gen-Z. Their new application of sharding technology which users can run smart contracts on their platform and transact at breakneck speeds is something revolutionary. . The coin can handle complex multi-party data flows without issues, bringing unprecedented power to digital transactions and how people use them daily.

Additionally, the technology behind this cryptocurrency allows for transparency in transactions, making it a trustworthy option for many investors.

Stacks (STX)

STX has the highest probability of exploding out of all the coins on the list. Stacks is one of the new cryptos hoping to leverage the Bitcoin network. Considering Bitcoin is today's most secure and stable cryptocurrency, STX has the potential to go big. 

Stacks is a massively undervalued altcoin when compared to its last all-time high it is 79% higher than its 2021 highs.

Conflux (CFX)

Conflux (CFX) has the potential to grow in the Chinese market, which is a big deal. Because CFX is the only public chain with regulatory approval in the Chinese market, many Chinese will likely invest in it. 

Besides the potential to benefit from the Chinese market, Conflux’s technical fundamentals are also good. Conflux is a cryptocurrency that has solved scalability without compromising decentralization and network security. 

Woo Network (WOO) 

Woo Network's decentralized exchange is gaining momentum as a top cryptocurrency exchange, drawing traders' attention to a better way of transacting cryptocurrencies without paying massive fees. Because there are no conversion fees and transactions are seamless, this platform could become a serious competitor to traditional exchanges. 

NB: This is not financial advice. Virtual currencies are highly volatile