Top 5 Best Altcoin To Buy Now

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Last Updated July 4th 2022
6 Min Read

Here are the top 5 altcoins to buy to generate massive returns in the long run.

Blockchain technology has opened several new opportunities for investors thanks to the introduction of cryptocurrencies, dApps, DeFi coins, and NFT coins. Thousands of altcoins have the potential to grow immensely in the future. To help you out, we have compiled a list of the top 5 best altcoins to buy now to secure a wealthy fortune in the long run. 

 

Ethereum (ETH)

The Merge will significantly boost the price of Ethereum to new highs. 

Ethereum is a blockchain-based software network with several uses and applications across the tech world. ETH has its utilities for gaming, music, entertainment, and DeFi, making Ethereum the top 5 best altcoins to buy now.

One of the biggest reasons to invest in Ethereum is the much-awaited transition from Proof-of-Work to Proof-of-Stake, making the network highly energy-efficient and scalable. Moreover, the upgrade could make it more appealing for widespread use. ‘The Merge' upgrade aims to cut transaction fees, increase coins burned, and improve congestion.

Despite the new competition, experts say that Ethereum’s “first-mover advantage” has positioned it as one of the top altcoins for long-term success.

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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 is one of the top altcoins to buy now, thanks to its industry-leading scalability.

Solana is one of the first blockchains to introduce a unique Proof-of-History (PoH) algorithm, allowing the blockchain to operate quickly while staying secure and decentralized. It is designed to host decentralized applications and is one of the several blockchains known as the potential “Ethereum killers,” thanks to its superior speed and scalability.

Solana is one of the top 5 best altcoins to buy, as the token is a great way to bet on a crypto rebound because of its industry-leading technical capabilities. Although network reliability is a major concern, developers are working to move past these pains over the long term.

Moreover, they are working on new growth drivers such as fintech. For instance, Solana Pay allows users to create a storefront and accept low-fee, global payments directly into their wallets, eliminating the need for a bank or credit card.

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

Decentraland (MANA)

Decentraland is the fastest-growing crypto-based virtual world, making MANA a good buy now. 

With NFTs being one of the hottest topics in the cryptoverse, coins like Decentraland are gaining massive attention from investors. It is a virtual reality universe that allows users to interact with each other, develop land and buy digital investment properties. It is a 3D virtual reality platform that allows users to create, explore and interact with other users in a finite world.

Just like with real-world real estate, what makes virtual land valuable is how owners choose to develop the land. Digital real estate within the metaverse will continue to appreciate in value as more real-world brands enter the metaverse to engage with, advertise to, and connect with users and customers. Decentraland has combined several features and benefits of the blockchain into a single platform.

It had a great start in 2022 with the launch of novel features on its platform, such as the marketplace ‘My Store,’ where content creators can “manage their assets, collect and analyze stats and data for their items over time. The MANA token holders have the right to control the agenda and vote on policies, like rules governing land auctions, etc. It is certainly one of the top 5 best altcoins to buy now as the team is working continuously with MATIC to create a sidechain with a cheaper and faster transaction process.

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

The Sandbox

Sandbox is one of the top 5 best altcoins, attracting new investors and participants daily.

The Sandbox is a community-driven platform that allows creators to monetize voxel assets and gaming experiences on the blockchain. The crypto has collaborated with several major brands like Atari, Binance, Adidas, The Smurfs, DeadMau5, and Bored Ape Yacht Club. In addition, data platforms like Realm were motivated to create non-expendable collections such as “Fantasy Island” that mint 100 virtual islands with The Sandbox. 

The price of its native token, SAND, has been on a massive rally recently. So it is no surprise that this unique altcoin is supported by celebrities such as Snoop Dogg and Adidas, adding value to the coin.  

The Sandbox is one of the most efficient virtual world ecosystems where millions of users are active over a single month. The users can create and build land following their desire for a gaming world. 

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

Filecoin

The cloud storage market will expand hugely in the future, making Filecoin one of the top 5 best altcoins to buy now. 

Filecoin is a protocol token that runs on a novel Proof-of-Spacetime algorithm. Here blocks are created by miners that are storing data. Filecoin protocol offers data storage and retrieval service through a network of independent storage providers that do not rely on a single coordinator. Clients pay to store and retrieve data, storage miners earn tokens by offering storage, and retrieval miners earn tokens by serving data on the platform. 

The storage miners on the Filecoin blockchain are responsible for keeping the files on track and their authenticity. With this, network users can ensure that their files are stored safely and accurately over time.

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

The Bottomline 

2022 is going to be a great year for cryptocurrency investors. Thanks to advanced blockchain technology, millions are made every day, and crypto-millionaires are everywhere. If you want to diversify your portfolio with the best tokens, these are the top 5 best altcoins to buy now for profitable returns in the long run.

Read More:

Where To Buy Ethereum (ETH)

Where To Buy Solana (SOL)

How To Buy Decentraland (MANA)

How To Buy Filecoin (FIL)

The Best Altcoins To Buy

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Best 10 New Cryptocurrencies To Invest In

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