Cryptocurrencies to watch in 2023:

Let’s analyze the trends and memorable events of 2022 and discover the most interesting crypto projects for 2023. Here are the ones not to be missed!

After the excitement of the all-time highs we started this year with, cryptocurrencies have been through a lot during 2022. From the tightening of monetary policies, to the failure of some crypto projects considered giants in the sector. In this situation some virtual coins fared better than others. We are here to retrace and analyze the trends and events of 2022 and to discover the most interesting crypto projects for 2023.

The crypto market in 2022: what happened?

Before analyzing the new projects and innovations that the most capitalized cryptocurrencies have in store for 2023, let’s do a quick summary of what happened in the sector during this difficult year. The 2022 of cryptocurrencies can be summed up in these two concepts: bankruptcies and adoption. We started the year still excited by the price peaks that had just been reached, but soon we moved into a negative economic situation. Emerging markets, such as cryptocurrencies, have suffered from increasingly tough monetary policies. As we have seen several times with our Young Markets, the performance of Bitcoin and Ethereum has followed the macroeconomic events. The US stock market has lost more than 15% in value, the bond markets 20% and the crypto market is down more than 50% since the peak reached in November 2021.