These growth cryptocurrencies are worth buying now to double your returns in the long run.
Investing in cryptocurrencies ensures financial security and helps you secure a wealthy future. It allows you to grow your wealth, at the same time, generate inflation-beating returns. Investors always keep track of growth cryptocurrencies that might explode in the future to gain maximum profits today. Here’s the list of 3 growth cryptocurrencies down 79% (and more) now but with the potential to double by 2025 for you to add to your portfolio.
- Ripple (XRP)
- Uniswap (UNI)
- Dogecoin (DOGE)
Ripple (XRP): 81.5% Below Its January All-Time High
Ripple currently shows a positive outlook in the SEC lawsuit, making XRP a good buy now for the future.
Unlike other cryptocurrencies, Ripple is a payment protocol that uses blockchain technology to process international money transfers. XRP acts as an intermediary between the transactions. It is known for its low transaction fees and extremely fast processing times. Although Ripple was slightly affected by its ongoing SEC lawsuit, the crypto is slowly gaining back its momentum.
Ripple has partnered with hundreds of financial institutions across 55 countries that use its technology and aims to establish more fruitful coalitions in the future, making XRP a strong investment option. Moreover, RippleNet is a platform run by the company that allows anyone to send and exchange currencies or make cross-border transactions. The network has the potential to be a direct competitor to the SWIFT banking system, currently used today for international money transfers. XRP is also known as one of the most environmentally friendly cryptocurrencies, thanks to its ability to process transactions in seconds at a low cost and with minimal energy.
Fortunately, XRP is springing back to its bullish rally as the prolonged court case with SEC seems to be reaching an end in favour of Ripple. This has indeed triggered Ripple’s price to aim for a comeback in 2022.
Read Also: Ripple (XRP) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Uniswap (UNI): 79% Down From Its May All-Time High
Thanks to its impressive performance over the years, investors are looking to buy UNI now.
Uniswap grew tremendously last year alongside the decentralized finance (DeFi) industry. As a result, it secured a unique position in the crypto market as the biggest and the first DeFi crypto exchanger based on the Ethereum blockchain. The decentralized protocol enables users to exchange any ERC20 token, including the native ETH token. It is also one of the most active exchanges on Ethereum’s system, with crypto worth over a billion dollars already staked on the platform.
Investors using Uniswap can swap their cryptocurrencies directly from their Ethereum wallets. It eliminates the need for an exchange to have custody over their funds and significantly lowers the risk of being hacked by adding a layer of security that centralized exchanges can’t achieve.
Investing in UNI now could help you double your returns in the long run, as the crypto is planning to explore more in the DeFi space. Moreover, the team behind Uniswap was always consistent with its upgrades. The UNI Version 3 was the latest update launched and provided up to 4,000 times capital efficiency. By staking UNI, users who want to become liquidity providers can see more rewards through protocol fee sharing.
Furthermore, the Uniswap network aims to facilitate the automated trading of DeFi tokens. With the increase in demand for decentralized finance apps, the price of UNI would also skyrocket.
Check Out: Uniswap (UNI) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Dogecoin (DOGE): 81.7% Down From Its May All-Time High
Dogecoin is one of the top-performing cryptocurrencies in the market to invest in now for profitable returns.
Introduced as a joke cryptocurrency, Dogecoin emerged as an unlikely competitor amongst some of the world's most established cryptocurrencies. But its popularity exceeded high-value tokens over the years, fuelled by the powerful combination of social media hype and name drops from high-profile celebrities. Although Dogecoin’s price has decreased from its May 2021’s lofty heights, experts still believe that Dogecoin has massive potential and will double by 2025.
Regardless of its similarity to Bitcoin’s network fundamentals, Dogecoin is based on a unique Scrypt algorithm and employs a Proof-of-Work (PoW) consensus protocol. This implies that transfers made using Dogecoin are significantly faster than Bitcoin.
Until 2022, Dogecoin lacked strong network fundamentals and utilities, as the cryptocurrency was powered by community and cultural values. But the recent release of the Dogecoin roadmap propelled the meme coin into the territory of ‘serious’ coins. The team has also announced some critical projects that the digital asset will be involved in 2022.
Features like the GigaWallet will enable Doge payments on platforms following simple steps. Also, with LibDogecoin, Dogecoin aims to allow developers to work with the project without hassle. In the future, these projects would help push DOGE towards accelerated adoption, boosting the token’s price and value.
Moreover, the Dogecoin website is also scheduled for a complete redesign soon to attract more users to the network. Along with a fresh look, the website will also feature several new pieces of information regarding the project to allow members of the community to participate as coders, miners, holders, or fans. All of these factors indicate that now is the right time to buy DOGE for profitable returns.
Don't Miss: Dogecoin (DOGE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
Cryptocurrencies have positioned themselves as the hottest investment option in this tech-driven world. If you are looking for cryptocurrencies for the long run, then these 3 growth cryptocurrencies that are down 79% and more could double your investment by 2025. With increasing popularity and upgrades, they offer tons of potential.
However, since volatility is a given in cryptocurrency markets, it is essential to do your research to determine which ones are a good fit for your investment portfolio.
Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
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Top 10 Long-Term Cryptocurrency Investments To Consider
Forget Meme Coins: Buy These Two Growth Cryptocurrencies Instead