More than 20,000 cryptocurrencies are available in the world currently. With the growth in the crypto industry, the number of digital currencies will increase. However, many people believe that the value of many of these digital currencies is short-lived, but those that can withstand the storm will make the investors exponentially rich. These are considered to be the ideal cryptocurrencies investors should focus on for long-term investments. But it will be difficult for an investor to find valuable coins from the huge pile of crypto coins in the market. This article will help you find the best crypto investment options that will surely fetch good returns in the long run.
- Bitcoin (BTC)
Bitcoin is the most popular and ideal option for long-term investment in cryptocurrencies. It was created as an alternative to fiat currencies and it is widely accepted as a hedge and store of value against conventional investments. Even though the price of bitcoins is highly volatile, the dominance of this crypto coin denotes the investors’ interest in it. The trending price and value of bitcoin have proved its resilience. It also addresses inflation, which is an urgent and real global issue. Several e-commerce companies have adopted bitcoins as a payment option.
- Ethereum (ETH)
After its launch in 2015, Ethereum has emerged as the biggest smart contract and DeFi platform in the world. It is also serving as the foundation for many new crypto technologies. It is a platform for many crypto services such as DeFi apps, dApps, Meme currencies, NFTs, Web3 programs/apps, Decentralized exchanges, etc. It has surpassed the most popular cryptocurrency, bitcoin, in becoming the most used blockchain technology. Several crypto analysts consider ETH will surpass bitcoins in becoming the most valuable cryptocurrency.
- Decentraland (MANA)
Decentraland is a pioneer and one of the notable metaverse projects around the world. It can be regarded as a virtual world blueprint that has inspired the development of several metaverse projects. However, this crypto niche is still in progress. Giant brands like Coca-Cola, JP Morgan, Samsung, Atari, Dominos, and Nike have already purchased virtual plot pieces on Decentraland. There are more than 800K registered users and has more than 300K monthly visitors on average. The support of these brands and the user base of Decentraland shows the expectation the crypto community has of it. The bright future of Decentraland will sustain the existing trend of its token, MANA.
- Binance Coin (BNB)
Binance Smart Chain is one of the most innovative and fastest-growing blockchain ecosystems. It is also a smart contract network with the native coin Binance Coin. Binance Smart Chain is one of the strongest competitors of Ethereum. Even though it was launched only in 2017, it quickly grew to find the fifth position in the list of the most valuable crypto technologies in the world. It can also be regarded as the most successful smart contract blockchain network. This growth of the Binance Smart Chain has helped BNB tokens to find a strong position in the crypto world.