Key Takeaways:
Black Friday is a time everyone thinks of deep discounts and crazy deals, well then why would the crypto and web3 market be any different.
This year, 2023, as markets start to recover from crypto winter, and are all set to recover their lost business, Black Friday is a great opportunity for enterprises to revive their fortunes.
So let us take a look at how web3 projects are ensuring a comeback in the market with the best and the most attractive deals. We will also explore altcoins that are at very attractive prices and might give you decent returns if invested now.
Crypto Market Cap in 2023, Source: CoinMarketCap
The year 2023 has been overall positive for crypto markets as cryptocurrency prices are at their yearly highs. Market cap is at its 2023 high.
On the price front, several crypto prices are at their yearly highs like Bitcoin, Ethereum, and Solana. There are also several projects which are at their best in the past year.
On November 19, 2023, Trezor will unveil its black friday deal where users can get deep discounts on its hardware wallets. Trezor makes one of the most secure and affordable hardware wallets in the Web3 world.
For any new user purchasing crypto via P2P, KuCoin will reward them with $5 worth of crypto. The minimum purchase amount is $25.
For referrals, the reward is kept at $5 when the referred customers buy anything worth $25 or more.
Ledger Nano X, Ledger Stax and Ledger Nano S are the most popular hardware wallets in the world of Web3. The flat 10% discount is available on the Ledger website and is available for everyone.
Being a necessary product for crypto investors, developers and learners, the black friday discount provides a good opportunity to buy them.
As a limited time offer, eToro, a leading crypto exchange is providing a flat 10% cashback on depositing $100 on your wallet.
The weeks preceding the Black Friday presents us with an opportunity where several altcoins are at attractive prices from where they can give good returns. We have also added why these altcoins can make good returns for their investors.
XRP has the highest regulatory clarity above any cryptocurrency and it is highly beneficial for its users. Recently, pro-Ripple lawyer John Deaton claimed that even if Ripple loses the institutional deals case, the liability on its head would be around $20 million, which is a negligible amount for Ripple.
At its current levels ($0.6), it is highly attractive due to the following reasons.
The Toncoin is one of the best cryptocurrency in terms if its price growth in 2023. Despite a rally in broader markets, TON has not made much gains in the last couple of months. However, there appears to be little to no threats which it might face.
Therefore, we expect TON price to move further up as new triggers come in the market.
Polygon's price has not yet responded much to the crypto rally despite having made several major deals such as the one with the Bank of Italy. Yet, its prices have not crossed their 2023 high of $1.56. We expect these levels to come soon because of the current greater market rally.
This makes it one of the best investment deals for the 2023's Black Friday buying.
Yet, its price is stuck at $0.00000855, which is half of its 2023 high($0.000015). Hence, we believe that SHIB price might rally in the coming weeks.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.