Despite having a bad year, it has been a year of growth. We are finally seeing projects that are performing well in this bear market. We're also removing the rotten apples from the basket. Furthermore, major countries are gradually enacting regulations and guidelines, with some even embracing cryptocurrency. It means that crypto and blockchain are becoming so popular that they are impossible to ignore or dismiss. The crypto market will undergo significant changes in 2023, which will potentially shape crypto's distant future. So, what is going to be the game changer in 2023?

The Bitcoin Four-Year Cycle

Let's take a look at the crypto market's performance over the last few years. In general, the market follows Bitcoin's four-year cycle. It always has a bullish year, then a bearish year, then a decent year, and then another bullish year. We had an incredible 2021 cruising to the moon. The year 2022 was then terrifying. However, every time the market enters a bear market, it is followed by a bull run. So what makes this time unique?

As BTC continues to fall steadily throughout the year, many analysts predict that it is nearing its end. Analyst Michail van de Poppe, for example, told his 600,000+ Twitter followers that he expects BTC to have a relief rally based on key Fibonacci levels. Many other analysts believe the bear market will end within the next three months before resuming its upward trend.

If and when the bull run begins, crypto will undoubtedly take off in a very different direction than in previous years. As a product capable of reshaping the entire world with a single tick, 2023 will determine how crypto will shape the world's future.

GameFi and Web 3.0 Expansion

The years 2019 and 2020 were NFT's crowning achievements. Web 3 and GameFi will dominate in 2022. During a bear market, many developers began to focus their efforts on blockchain utility. Platforms and protocols that promote entertainment and social interactions, in particular. Everyone had heard of Axie Infinity or the Sandbox, for example. Furthermore, despite the bear market, many projects, such as TwitFi, CryptoFi, Mineral Hub, and The Mars Metaverse, are thriving.

The majority of the games are still in their infancy, and 2023 will be their chance to shine. If all of these games continue to perform as well as they are, it could pave the way for an exciting future for cryptocurrency. It will also add value and entertainment to users' daily lives. Furthermore, some Web 3 projects may defy expectations and launch their own bull run.

Messari's founder, Ryan Selkis, also mentioned Web 3 in Messari's 2022 theses. He believes that Web 3.0 will be a "unstoppable force in the long run," according to him. According to his reports, Axie Infinity earned more than $500 million in the previous quarter. In fact, Axie is currently larger than the combined size of the next five Ethereum applications. As more Web3 projects prepare to launch on their mainnet in 2023, many expect them to shape the new future of entertainment and social space. How far will it go? We'll see what happens.

Cryptocurrency Regulations

Despite all of the bad news in the crypto market, the governments of major countries are finally taking cryptocurrency seriously. In fact, 2023 will most likely be the tipping point for cryptocurrency regulations. The battle between government control of crypto and the essence of decentralization will be difficult. You have no idea what I'm talking about? Here are a couple of examples:

Tornado Cash founder Alexey Pertsev was apprehended and imprisoned after North Korean hackers used the decentralized platform to launder illicit funds.
The SEC has filed a lawsuit against Ripple Labs (XRP) for offering and selling securities in exchange for cash.

There are numerous lawsuits and debates circulating with no clear goal or mutual agreement. In the end, it causes confusion and a slew of unnecessary lawsuits, impeding the growth of blockchain technology. However, things are about to change. Following the demise of FTX, governments are enacting stringent regulations to reduce investment risk. Different countries are also labeling digital assets in order to improve understanding and regulation.

In 2023, we will see regulations take their place in shaping the future of cryptocurrency. Nonetheless, it is a significant step toward global cryptocurrency adoption. The more the government dabbles in cryptocurrency, the more trust the public has in cryptocurrency. Many major financial institutions are already showing interest in cryptocurrency. Users' only concern is striking a balance between regulation and the concept of decentralization.

Cardano recently announced plans to launch an algorithmic stablecoin (DJED) in 2023. Since Terra's demise in May of this year, the crypto community has expressed concern.
 

According to a CoinTelegraph report, the project's developers - DJED will be pegged to the US dollar and backed by Cardano (ADA). Does the relationship between ADA and stablecoin sound familiar to you? In addition, it will use another token as a reserve token. It is worth noting that the project will be overcollateralized and will use proof-of-reserves on the blockchain.

Although the new project's highlights are impressive, some members of the crypto community are concerned, comparing it to the collapse of Terra stablecoin UST earlier this year. On Twitter, one community member stated:

I thought we already figured this out, algorithmic stable coins, not the best option. Have we already forgotten the Terra Luna debacle? Or are we looking for more Black Swans?

I agree with this member; algorithmic stablecoins have been shown to be unstable! The Terra failure has already cost the crypto community dearly. Other members of the community stated that they would still prefer to use Tether (USDT) or USD Coin (USDC).

Why is this the case? In contrast to collateralized stablecoins, where each coin is fully backed by collateral, algorithmic stablecoins keep the value stable by using a variety of market operations that have regularly seen significant fluctuation. Which one do you think is safer? Furthermore, USDC issuer Circle stated that algorithmic stablecoins "do not have the same utility value as full-reserve, regulated dollar assets."

The MakerDAO project created Dai, an Ethereum ERC20 token and stablecoin. MakerDAO (MKR) Maker is an Ethereum blockchain-based decentralized autonomous organization that aims to reduce the volatility of its own stable token, the Dai. Dai is a cryptocurrency that automatically responds to emerging market conditions in order to maintain its value in relation to major world currencies. Dai was created by the Dai Stablecoin System, a decentralized platform based on the Ethereum blockchain.

Key Characteristics of DAI
The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by using collateral assets approved by "Maker Governance."

The Maker's Protocol. Decentralized finance (DeFi) application that allows MKR holders to manage the Protocol's and Dai's financial risks, ensuring the Protocol's stability, transparency, and efficiency. In a voting contract, one vote is equal to one MKR token.
Non-custodial smart contracts are created by leveraging accepted collateral assets and developing DAI.

DAI Tokenomics

The MakerDao Reserve has a total supply of 7.4 billion DAI tokens, which are pegged to USD at a 1:1 ratio. There is also speculation that supply will expand further. At the time of writing, DAI has an estimated market cap of $7,392,772,125 and a fully diluted market cap of $7,392,292,722.

The MakerDao Reserve has a total supply of 7.4 billion DAI tokens, which are pegged to USD at a 1:1 ratio. There is also speculation that supply will expand further. At the time of writing, DAI has an estimated market cap of $7,392,772,125 and a fully diluted market cap of $7,392,292,722.

Looking for a way to purchase DAI? You can buy DAI on MEXC by following these steps:

1.Log in to your MEXC account and then select [Trade]. Select [Spot].
2.To see the available trading pairs, type "DAI" into the search bar. Consider the DAI/USDT pair.
3.Scroll all the way down to the [Spot] box. Enter the amount of DAI you wish to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy DAI]. The DAI you purchased will be stored in your Spot Wallet.

Tokenized Bitcoin Cash (BCH) You can send money to anyone, anywhere in the world, 24 hours a day, 365 days a year, using Bitcoin Cash. The BCH network, like the Internet, is always on.

The BCH Project
Bitcoin Cash introduces sound money to the world, fulfilling Bitcoin's original promise of "Peer-to-Peer Electronic Cash." Low fees and reliable confirmations empower merchants and users. Unrestricted growth, global adoption, permissionless innovation, and decentralized development illuminate the future.

Everyone is welcome to join the Bitcoin Cash community as we work to make sound money available to the entire world.

BCH Token Price and Performance in the Recent Past
BCH has reached the highest price (ATH) of 9.21 USDT since its listing on MEXC on 30/08/2021. It is currently worth around 1.9 USDT in July 2022.

Staking of Bitcoin Cash Tokens
MEXC allows you to stake BCH Network tokens and other coins on a regular basis through the MX DeFi event, as well as other staking products with variable and fixed APYs.

Chinigari's utility token is GARI, also known as Chingary Token. Chingari is a Web3 DAO short video application that helps content creators directly by allowing them to monetize their content on the blockchain using the GARI token.

GARI's Key Features

Chingari is the first Web3 application to recognize the significant disparity between the actual size of the short-video production economy and the actual profits received by content creators; through the GARI token, Chingari hopes to dramatically alter that landscape.

Pools of Creators Creators can start special pools in which users can buy shares by giving GARI to the creator. The more shares of the pool sold, the more expensive the individual shares become. Shareholders can also redeem their shares by withdrawing a pro-rata portion of the remaining pool. By allowing the creator to withdraw tokens and automatically dividing the creator's revenues among the shareholders, the pool benefits both the creator and the shareholders.

Transactional Mechanisms that are Diversified GARI tokens can be transferred on the chain via several methods, including 1) tipping, 2) influencer marketplace, and 3) sales of courses on Chingari Skill and NFTs.

Value Relationship Storage (VRES) or VRS Token is a platform that uses blockchain technology to store, manage, and use various values. It was founded with the goal of "defining, developing, and saving the future with solutions."

VRS Tokenomics

A VRS token is a cryptocurrency created by Value Relationship Storage Global that can be used in a variety of ways. The following are the most representative methods:

• Users will be rewarded if they check their body fat analysis on the platform of the service provider.
  Users will be rewarded if they achieve the goal set by the platform service provider.
  VRS can be redeemed for other platform services and products.
  Users can only use premium services offered by VRS platform services.
  To attract new users, platform service providers can offer services and archive VRS.
  Users and service providers can both earn rewards by participating in the development of new platform services.
  VRS can be stored and used.
  Provide mutually collected health data, and a reward can be paid or traded.

The Cardano-based cryptocurrency KubeCoin (KUBE/USDT - Trade it here) is transforming the leisure and tourism sectors (ADA). Over 7 initiatives, including FlyKube, EatKube, KubePay, NFT Collection, Kube NFT Marketplace, and KubeIn, make up the complex ecosystem known as KubeCoin. The KUBE team wants to make cryptocurrencies usable in daily life by continuing to develop its projects and expanding the KubeCoin ecosystem.

Tokenomics & Capital Raised for KubeCoin
The business raised €375,000 in December 2018 from DraperB1, Archipelago Next, and Enisa. Tokenomics and distribution for the current project are as follows:

16% in advance sales
10% Liquidity is locked
10% Burn
10% of the Board
Ecosystem expansion of 4%
Public offering of 36%
14 percent ICO
The presale for KubeCoin began in Q3 2021, and the project is currently working on token distribution and submissions to/listings on cryptocurrency exchanges.

Recent KUBE Token Price & Performance
KUBE will be published on MEXC in the Assessment Zone at 12:00 on July 11, 2022 (UTC), along with a special deposit event and the opportunity for users to Share 1,000 MX in incentives! Information about KUBE price and performance will be updated after initial listing.

ShitCoin (SHIT) is a community-driven NFT with unique gameplay. It has been in the top ten of Opensea's leaderboard for several days in a row. Its content is a shitstorm. Its central idea is to contradict the previous BAYC and Azuki: everything is shit. ShitCoin sarcastically expresses its dissatisfaction with the market, and its launch has elicited strong emotional responses from the crypto market and users.

Within a week, the ShitCoin team leveraged its superior marketing and roadmap delivery strategies to rank among the top three NFTs on OpenSea in terms of price and transaction volume. The total supply of its governance token SHIT is 100 trillion, of which 39.05 trillion will be airdropped and 25 trillion will be transferred to the Vitalik wallet address. ShitCoin (SHIT) achieved its highest gain of 1488 percent within three days of its listing on MEXC, garnering a lot of market attention.

ShitCoin first-generation NFTs are said to include "I will poop it" NFT, Genesis ShitBeast, and ShitBeast. "I will poop it" NFT has a total supply of 10,000 of them. It was initially minted for free, but its highest floor price exceeded 1.45ETH. The total supply of Genesis ShitBeast is 3,900, with the highest price exceeding 3.4ETH. In addition, when two "I will poop it" NFTs combine to form one Genesis ShitBeast, 100 million SHITs are created at the same time. ShitBeast has a total supply of 6100 and is obtained through minting. Its peak price has surpassed 1.15ETH. ShitBeast and Genesis ShitBeast can not only be staked to obtain SHIT, but they can also be upgraded to a phase-3 NFT via a bathroom cleaner (a synthetic potion).

ShitCoin's performance is commendable, as it only took a short time to complete a blue-chip NFT lifetime. From "shit," blue-chip to brand IP, and then to the mutual growth and success of its token and NFT, the planning of the third-generation NFT and X to earn still leaves a large space for the market to imagine as it holds network traffic and topic of interest.