Bitcoin (BTC) price prediction for 2023, investors are more excited for RenQ Finance (RENQ)
Due to the volatile nature of the bitcoin price market, investors may opt not to buy or invest in it.
Instead, many are turning to RenQ Finance as a potential addition to their 2023 investment portfolios
Bitcoin (BTC) : Father of Cryptocurrencies
Bitcoin, the most well-known cryptocurrency, was created in 2009 and has earned a reputation for being a long-standing presence in the market.
The digital ledger stores Bitcoin (BTC), its native currency, using a proof-of-work blockchain network. With a maximum supply of 21 million BTC, the circulating supply has already exceeded 90%.
Despite being the largest cryptocurrency, Bitcoin experienced a staggering 65% decrease in value in 2022.
Currently priced at $23,171 as of writing, Bitcoin has seen a 3.52% decrease in the last 24 hours and has been falling for the past week.
Throughout 2023, Bitcoin has mostly remained below $24,000, struggling to maintain a price of around $25,000.
Experts predict that the stricter monetary policy and rising interest rates will prevent a rapid recovery for Bitcoin.
As a result, BTC holders may sell their assets, further pushing down the price of BTC.
Large investors are now looking towards RenQ Finance as the “best crypto” for 2023, with positive sentiment and high expectations surrounding the asset’s value propositions.
>>>>> BUY RENQ TOKENS HERE <<<<<
What then is RenQ Finance (RENQ)?
Described as the unified platform for a decentralized world, RenQ Finance aims to connect isolated blockchains on the DeFi space together and establish a cross-chain network for exchanging assets while providing the required support that’s necessary for the DeFi ecosystem in a bid to allow every user enjoy a truly decentralized, fast and secure experience.
RenQ is a community-based cryptocurrency initiative that aims to create a financial democracy system where community members prosper along the way to represent the genuine characteristics of a Decentralized Autonomous Organization (DAO).
RenQ Finance has a team of expert developers and professionals (entrepreneurs, blockchain engineers, etc) from across the globe, and a rich community in that active users are made an integral part of the system, RENQDAO also ensures that decisions are determined by the general community.
Renq enables the creation of entirely new asset classes whose value is derived from blockchain-based assets. Financial products such as derivatives and margin trades enable investors to achieve superior portfolio risk management and open up new speculation avenues. In addition, they increase market efficiency for the underlying asset by facilitating price discovery and permitting individuals to express more nuanced opinions on price and volatility.
RenQ Finance will offer advantages over conventional financial products by eliminating the need for a regulatory, central clearing house, this provides global and equal access, also granting users permanent control over their funds. The derivatives market on existing financial infrastructure is vastly larger than any other market for financial assets. It is estimated to be greater than $1.2 quadrillion, or more than 10 times the global GDP.
RenQ believes that as decentralized platforms mature and begin to offer substantial advantages over traditional financial systems, a growing number of traditional assets will be listed on the blockchain. Renq will provide several decentralized protocols that implement a variety of crypto asset-based financial products.”
RenQ Finance places high importance on its users, and with its community-based strategy, it is attracting new investors, and investors in other cryptocurrencies are switching camps.
RenQ Finance is enhancing the prospects of the DeFi Industry and it is tipped to help grow the adoption of DeFi in 2023.
Click Here to Buy RenQ Finance (RENQ) Tokens.
Visit the links below for more information about RenQ Finance (RENQ):
Presale: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf
The post Bitcoin (BTC) price prediction for 2023, investors are more excited for RenQ Finance (RENQ) appeared first on Analytics Insight.
Due to the volatile nature of the bitcoin price market, investors may opt not to buy or invest in it.
Instead, many are turning to RenQ Finance as a potential addition to their 2023 investment portfolios
Bitcoin (BTC) : Father of Cryptocurrencies
Bitcoin, the most well-known cryptocurrency, was created in 2009 and has earned a reputation for being a long-standing presence in the market.
The digital ledger stores Bitcoin (BTC), its native currency, using a proof-of-work blockchain network. With a maximum supply of 21 million BTC, the circulating supply has already exceeded 90%.
Despite being the largest cryptocurrency, Bitcoin experienced a staggering 65% decrease in value in 2022.
Currently priced at $23,171 as of writing, Bitcoin has seen a 3.52% decrease in the last 24 hours and has been falling for the past week.
Throughout 2023, Bitcoin has mostly remained below $24,000, struggling to maintain a price of around $25,000.
Experts predict that the stricter monetary policy and rising interest rates will prevent a rapid recovery for Bitcoin.
As a result, BTC holders may sell their assets, further pushing down the price of BTC.
Large investors are now looking towards RenQ Finance as the “best crypto” for 2023, with positive sentiment and high expectations surrounding the asset’s value propositions.
>>>>> BUY RENQ TOKENS HERE <<<<<
What then is RenQ Finance (RENQ)?
Described as the unified platform for a decentralized world, RenQ Finance aims to connect isolated blockchains on the DeFi space together and establish a cross-chain network for exchanging assets while providing the required support that’s necessary for the DeFi ecosystem in a bid to allow every user enjoy a truly decentralized, fast and secure experience.
RenQ is a community-based cryptocurrency initiative that aims to create a financial democracy system where community members prosper along the way to represent the genuine characteristics of a Decentralized Autonomous Organization (DAO).
RenQ Finance has a team of expert developers and professionals (entrepreneurs, blockchain engineers, etc) from across the globe, and a rich community in that active users are made an integral part of the system, RENQDAO also ensures that decisions are determined by the general community.
Renq enables the creation of entirely new asset classes whose value is derived from blockchain-based assets. Financial products such as derivatives and margin trades enable investors to achieve superior portfolio risk management and open up new speculation avenues. In addition, they increase market efficiency for the underlying asset by facilitating price discovery and permitting individuals to express more nuanced opinions on price and volatility.
RenQ Finance will offer advantages over conventional financial products by eliminating the need for a regulatory, central clearing house, this provides global and equal access, also granting users permanent control over their funds. The derivatives market on existing financial infrastructure is vastly larger than any other market for financial assets. It is estimated to be greater than $1.2 quadrillion, or more than 10 times the global GDP.
RenQ believes that as decentralized platforms mature and begin to offer substantial advantages over traditional financial systems, a growing number of traditional assets will be listed on the blockchain. Renq will provide several decentralized protocols that implement a variety of crypto asset-based financial products.”
RenQ Finance places high importance on its users, and with its community-based strategy, it is attracting new investors, and investors in other cryptocurrencies are switching camps.
RenQ Finance is enhancing the prospects of the DeFi Industry and it is tipped to help grow the adoption of DeFi in 2023.
Click Here to Buy RenQ Finance (RENQ) Tokens.
Visit the links below for more information about RenQ Finance (RENQ):
Presale: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf
The post Bitcoin (BTC) price prediction for 2023, investors are more excited for RenQ Finance (RENQ) appeared first on Analytics Insight.
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