Traders were disappointed this Christmas when markets did not experience the long-awaited Santa Claus rally that sometimes accompanies the Christmas season. Bitcoin's volatility index showed record lows on December 25, setting a subdued tone for holiday trading.
It is believed that the absence of a rally was in part due to the fear, uncertainty, and doubt (FUD) surrounding centralized exchanges this year. Many investors in risk assets are also sitting on the sidelines to see how 2022's huge interest rate hikes and a looming recession play out in the coming weeks and months.
While the cryptocurrency market is not looking especially hot at the moment, tremendous potential for growth in 2023 still exists. With this in mind, here are some promising altcoins that have potential for gains short term or heading into the near year based on strong fundamentals, promising technical analysis, or both.
The upcoming FightOut M2E app and gym chain has enticed investors, who poured in more than $1 million during its week-long private sale. The project's success is unrelenting as it continues to amass even more support with a stunning presale total of over $2.44 million raised thus far.
FightOut stands apart from other M2E apps with a multitude of features, but the most prominent is its capacity to integrate any kind of physical exercise – not just steps taken. In addition, users do not need to break their budgets by buying expensive NFTs in order to use this app; even better, they are rewarded for healthy living rather than just activities like walking.
FightOut is revolutionizing fitness tracking with new features, such as an interactive avatar tied to users' physical performance in real-time. This includes monitoring strength,
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