5 Cryptos That Will Make You Rich In 10 Years

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Last Updated January 19th 2023
5 Min Read

Top Cryptos That Will Make You Rich In 10 Years - Our Picks

Bitcoin - The best crypto that could make you rich

Ethereum - The best buy in the coming months

Chainlink - One of the most popular cryptos that will make you rich

Polkadot - High-performing crypto asset to buy now

Solana - The game-changer for the DeFi space

 

A Closer Look At The 5 Cryptos That Will Make You Rich In 10 Years

Bitcoin (BTC)

No discussion of the best crypto that could make you rich would be complete without mentioning Bitcoin. Although its price has taken a significant hit over the past year, more people than ever are opting to buy Bitcoin due to its accessibility and credibility.

There’s no doubt that Bitcoin lacks the utility of newer coins – but that doesn’t mean it has no future value. Out of all the digital currencies that comprise the crypto market, BTC is the one that has been adopted quickest by the legacy financial markets. The growing number of Bitcoin ETFs and derivatives products evidences this.

Moreover, a report from Deloitte found that over 2,300 US businesses accepted BTC as payment in late 2020, and this number has undoubtedly grown since then. Due to its pervasiveness and reliability, Bitcoin remains a top cryptocurrency to invest in over the long term and is one of the assets that can make you rich in the next decade.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ethereum (ETH)

Ethereum needs no introduction, as the blockchain network has become the go-to for decentralized application (dApp) developers worldwide. Ethereum’s network provides the foundation for these apps, thanks to its smart contract functionality. These smart contracts remove the middleman from certain transactions, making the process entirely decentralized. Considering Ethereum’s use cases and the massive rallies it’s done, it definitely is one of the hottest cryptocurrencies to buy right now.

Although Ethereum’s GAS fees have been criticized for months, the recent upgrade has helped matters. This upgrade – Ethereum Merge – occurred in late 2022 and saw Ethereum move to a ‘Proof-of-Stake’ protocol. This significantly increased the scalability of its blockchain and reduced fees. Due to this upgrade, we could see more people than ever opt to buy Ethereum over the coming months and make high returns.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Chainlink (LINK)

Since its launch, Chainlink has come a long way. With smart contracts serving as the foundation for DeFi (decentralized finance), oracles that enable them to execute securely in response to verifiable real-world events are critical.

Chainlink (LINK) is a state-of-the-art cryptocurrency that brings investment and security to the world of crypto. It aims to be a reliable and secure bridge between blockchain and other distributed computing networks, allowing users to seamlessly fund from one platform to another with complete control over their investment. 

It is an attractive investment option for anyone looking to enter the world of fast-paced crypto trading. The ecosystem now includes over 1,000 projects, with 700 oracle networks securing more than $75 billion in value — a tenfold increase from 2020 levels — and accessing more than one billion data points. Additionally, Chainlink saw a doubling of public usage of Chainlink Github software repositories — a commonly used metric for determining adoption.

All of this expansion contributed to LINK’s 40+% year-over-year growth earlier. AccuWeather and the Associated Press have partnered with Chainlink to verify data, and former Google CEO Eric Schmidt has joined as an advisor, the latest indications that big tech and media are taking notice of Chainlink’s expanding applications.

LINK has lost more than 70% of its value since its all-time high, suggesting that now may be the ideal time to take it seriously. It is one of the top 3 cryptos that could rally and make you rich in 10 years. With its solid track record and potential for steady growth, Chainlink will be one of the most popular cryptocurrencies in the coming years.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polkadot (DOT) 

It is a highly scalable smart contract platform built on an ecosystem of interoperable blockchains that aims to outperform Ethereum. It is a blockchain-based open-source technology developed by the Web3 Foundation. The foundation is committed to creating an open-source, decentralized web that is user-friendly and fully functional. 

In recent years, the platform has acquired massive growth, becoming a top high-performing crypto asset in the past year. This is accredited to Polkadot’s delivery of several trading tools and advanced tech to the crypto space. The native token DOT has already witnessed impressive growth in the past year, and crypto experts are anticipating another great run. 

Another contributing factor to DOT’s value spike is its blockchain development. To be more precise, expanding their DeFi sector is considered a massive milestone for the team. Furthermore, many tech-savvy people continue to migrate to this blockchain as they launch their own crypto projects via the platform. Therefore, the project has successfully managed to capture investors, traders, and developers alike. It had seen steady growth since December when the first parachains were added. With over $17 Billion invested in the platform, it is one of the most popular DeFi ecosystems.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Solana (SOL) 

Solana (SOL) is a game-changer for the DeFi space. This groundbreaking layer-1 blockchain has previously enabled developers to create and deploy formerly-impossible solutions. Thanks to its lightning-fast transaction speeds, this new challenger has quickly gained traction in the Ethereum-dominated market, providing a better user experience.

With an innovative proof-of-history validation mechanism, Solana can handle thousands of transactions per second while keeping low costs and fees, allowing users to access the benefits of DeFi without breaking the bank.

Solana has proven to be a powerful DeFi platform for multiple projects. The amount of activity on the platform is already huge and impressive. In addition, it’s fast becoming an industry leader in the NFT space, with record-breaking trading volume happening this year.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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