EXCLUSIVE: Will Bitcoin, Dogecoin, Ethereum or Solana earn more in 2023? 39% of Benzinga subscribers favor this crypto

The cryptocurrency market has seen major setbacks in 2022 with several negative headlines impacting companies in the industry and driving down the price of major cryptocurrencies. With the crypto industry in a bear market, many wonder if the sector will experience a comeback in 2023 or continue to see falling prices.

Benzinga asked his followers which cryptocurrency could outperform in 2023.

What Happened: Among the top cryptocurrency stories in 2022 were the falls of Celsius, 3AC, Voyager, and stablecoin Tether USDT/USD. The other big story the market is still reacting to is the bankruptcy of the FTX cryptocurrency platform.

Cryptocurrency market capitalization peaked at $2.9 trillion in November 2021, a month in which many cryptocurrencies hit all-time highs.

In 2022, the market capitalization of the cryptocurrency industry fell below $1 trillion and ended the year below $800 billion.

Major cryptocurrencies were impacted, with Bitcoin BTC/USD, Ethereum ETH/USD, Dogecoin DOGE/USD and Solana SOL/USD among the biggest losers of the year.< /p>

Related link: 'You can't ignore us. We are here' - Brock Pierce on Blockchain Hub Davos 2023

Benzinga Poll: On Twitter, Benzinga asked his followers about the cryptocurrency market for 2023. Followers were asked "which cryptocurrency will perform the best in 2023" among the four previously mentioned.

The survey results were:

Dogecoins: 26.7% Bitcoin: 38.5% Ether: 28.7% Solane: 6.2%

Bitcoin, the leading cryptocurrency, led the poll with 38.5% of the vote, closely followed by Ethereum and Dogecoin, second and third respectively.

Solana trailed the other three, only getting 6.2% of the vote.

Twitter user @CEOofX upvoted Solana with the thought "Sol just because he got down."

Others on Twitter didn't like any of the four options.

User @richardallanmcl said "they all got zero in 2023".

User @UofT2020 asked "why not choose crash?"

Time will tell which cryptocurrency will lead the way in 2023 and Benzinga will continue to cover the industry.

Follow Benzinga on Twitter for more polls.

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