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While Polygon Price Explodes, These Lesser-Known Altcoins Might 10x

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author imageJoel Frank Last updated:

MATIC, the cryptocurrency that powers popular layer-2 Ethereum scaling solution Polygon, has been surging recently, and gained another 3.3% on Thursday to break into the $1.20s for the first time since November 2022. The cryptocurrency is eyeing a test of its pre-FTX collapse highs around $1.30 – a key area of support-turned-resistance going all the way back to January 2022.

Already up more than 60% on the year, Polygon could experience a further spurt higher if it is able to crack to the north of the $130 resistance level. Bulls would likely be targeting a test of resistance in the $1.50 and $175 areas. Pullbacks towards the 21-Day Moving Average (currently at $1.04), meanwhile, seemingly continue to be bought into, amid a high degree of optimism about the growth potential of Ethereum and its ecosystem of side-chains and layer-2 extensions.

Indeed, fellow Ethereum scaling solutions Optimism has also been surging as of late, and is up an incredible more than 220% since the start of the year. Ethereum and its scaling solutions continue to enjoy impressive growth across their Decentralized Finance and NFT ecosystems and that growth is expected to continue in 2023, with Polygon expected to start enjoying the fruits of a number of high-profile partnerships forged in 2022 (like when Polygon secured a spot in Disney’s accelerator program).

Investors hoping to benefit from the growth of Ethereum and its ecosystem of scaling solutions should consider investing in Polygon. But investors looking for high-potential return assets might also want to consider diversifying into other high-growth potential areas of the crypto market, such as NFT gaming, move-to-earn fitness and green crypto projects.

Here is a list of a few promising projects reviewed by the team at Business2Community.com.

Meta Masters Guild (MEMAG) – Stage 4 Nearly Complete

Meta Masters Guild is an up-and-coming mobile-based web3 gaming ecosystem that is developing a host of fun and addictive games. The games will utilize non-fungible tokens (NFTs), allowing community members to earn rewards, as well as stake and trade. The platform hopes to in the future host dozens of viral games. Its first game, Meta Karts Racers will be released later this year.

Meta Masters Guild is currently in the fourth stage of its presale of MEMAG tokens, with the presale already one of the hottest of 2023. In just a few weeks, the crypto start-up has already managed to raise a whopping $2.3 million via MEMAG sales.

Visit Meta Masters Guild Here

Fight Out (FGHT) – Presale on Now

The young move-to-earn crypto niche has shown a lot of promise, but early success stories like STEPN have significant limitations that have, so far, prevented them from conquering the mainstream. Fight Out, which touts itself as the future of move-to-earn, wants to change that in 2023.

Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges, and competing within a first-of-its-kind fitness metaverse. While existing M2E applications such as STEPN only track steps and require expensive non-fungible token (NFT) buy-ins to take part, Fight Out takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesn’t require any expensive buy-ins to take part.

Fight Out seeks to combine the physical and web3 worlds. The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience. Meanwhile, at the center of Fight Out’s digital ecosystem will be its smartphone application which, according to Fight Out’s whitepaper, is scheduled for launch in Q2 2023.

The Fight Out app will harness smartphone and wearable technology to measure and track physical performance. The app will have its own in-house tokenized economy, where users can earn rewards for completing M2E tasks, and can mint their own soul-bound token avatar, through which the user will be able to interact with the Fight Out metaverse.

FGHT is the token that powers the Fight Out metaverse ecosystem. FGHT can be used to pay discounted memberships to Fight Out’s gyms and digital products. Users will also pay to enter competitions and leagues with FGHT, and winnings will be paid out in FGHT and FGHT can be used in peer-to-peer fitness wagers.

FGHT is scheduled to list across centralized exchanges in April at $0.033 per token. Investors should move quickly, as if they secure tokens now, they could be sat on paper gains of around 100% by the time the crypto token lists on exchanges at the start of Q2. The project has already raised a massive $3.8 million and may well hit the $15 million hard cap prior to the scheduled end of the presale at the end of March.

Visit Fight Out Now

C+Charge (CCHG) – Presale Now On

The carbon credit industry is projected to be worth $2.4 trillion by 2027. Democratizing access to accrue these benefits is going to massive business in the years ahead and this is something crypto start-up C+Charge hopes to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will allow the drivers of electric vehicles (EVs) to earn carbon credits.

C+Charge aims to boost the role of carbon credits as a key incentive for the adoption of EVs. At present, large manufacturers of EVs like Tesla earn millions from selling carbon credits to polluters. C+Charge wants to democratize the carbon credit market by allowing more of these rewards to find themselves in the hands of the EV owners, rather than just the big businesses.

C+Charge has just started its pre-sale of the CCHG token that its platform will use to pay at EV charging stations. Tokens are currently selling for $0.013 each, though by the end of the presale, this will have risen by 80%. Investors interested in getting in early on a promising environmentally friendly cryptocurrency project should move fast, with the project having already raised over $510,000 in just a few weeks since the presale launch.

Investors should note that the remaining tokens could be scooped up quickly. A crypto whale recently scooped up over $99 worth of CCHG in one transaction, as can be verified here on BscScan.

Visit C+Charge here

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  This article was written for Business 2 Community by Joel Frank.
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Author: Joel Frank

Since graduating with a degree in economics in the UK in 2018, Joel has worked as a financial market/cryptocurrency analyst. Joel firmly believes that emerging crypto technology will transform the world for the better through the facilitation of decentralization. Joel has written for a variety of cryptocurrency and financial market media…

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