Top 5 Coins For Long Term - Our Picks
BTC - OG crypto to buy
ETH - Top altcoin in the market
SOL - Growing altcoin that’s must-have
APE - Top NFT coin to add to your portfolio
SHIB - One of the best memecoins
A Closer Look At The Top 5 Coins For Long Term
Cryptocurrencies have recently taken a rather paradigm shift and have disrupted the traditional financial system for good. However, volatility makes investing in cryptocurrency a bit risky, so it’s necessary to understand what you’re getting into before buying it.
Many analysts and industry experts believe these are the top 5 coins to buy for the long term.
Bitcoin (BTC)
It probably doesn’t come as a surprise that we have Bitcoin topping our list of recommendations for the top coins for the long term. And there are good reasons for this. For starters, many investors consider it the best crypto to invest in today because it has performed exemplary in the past, rallying by more than 100000% in the last decade.
Secondly, it has the backing of one of the most decentralized and useful blockchain technologies – whose adoption rate is bound to shoot through the roof over the next few years. Experts also believe it to be a valuable addition to any future-focused crypto portfolio because it is expected to post monumental price gains over the next few years.
By the turn of the decade, for example, BTC’s price could rally by more than 5000% to reach $1 Million. And if this comes true, any Bitcoin investment you make today will grow by a similar margin. Lastly, we consider it worth buying because it is easily accessible and massively liquid – having been listed by virtually all crypto exchanges and trading platforms around.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Solana (SOL)
Solana is the fastest-growing smart contract platform out there today. At its peak in November, its SOL token prices had appreciated by more than 130000% – having been around for slightly over one year. Today, however, its token prices have tanked in reaction to the ongoing crypto market contraction.
But the growth of the Solana ecosystem doesn’t show any signs of slowing down. At the time of writing, for instance, the network has integrated such emerging crypto technologies as Metaverse, DeFi, dApps, Web3, DEXs, NFTs, and even meme coins.
It has also become the Launchpad for massively popular and successful crypto technologies like the pioneer move-to-earn platform STEPN, the Samoyedcoin meme currency, and the Star Atlas metaverse. It has also scored 1000+ active developers who have launched 350+ crypto projects on the platform. The Solana ecosystem is preferred because of its user-friendliness and scalability. And moving forward, big investors expect to see more developments and integrations that push up SOL token prices, making it one of the top coins to buy for the long term.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ethereum (ETH)
Ethereum is indeed one of the most potential crypto assets to buy and hold. A lot of the developments taking place in the ecosystem are aimed at making it the most useful blockchain network. And this makes ETH one of the most promising crypto coins. The most significant update has to be the recently concluded Ethereum merge that seeks to make the platform more efficient, secure, and scalable by improving transaction processing speeds.
Even before the merge, the ETH token was one of the most in-demand cryptos. And this can be explained by how the platform has become the incubation hub and home for all the most popular emerging crypto technologies. From meme coins to metaverse, DeFi, dApps, Web3, NFTs, and even DEXs – they were all birthed on the platform.
With improved transaction processing speeds, we expect to see even more Eth-based technologies launch and find a home in the ecosystem. These are bound to increase the demand for ETH tokens, which will most likely send their prices to unprecedented heights.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
ApeCoin (APE)
Launched in March 2022, ApeCoin is the newest crypto on our list of the top coins to buy for the long term. And one of the reasons why is its resilience. Launched in the midst of a contracting crypto market, it posted an incredible performance that saw it set an all-time high of $39.
Much of this can be attributed to its close association with two of the most popular NFT projects, i.e., BAYC and MAYC. Not forgetting the oversubscription to the coin and NFTs by celebrities and crypto influencers who will stop at nothing to keep the APE coin trending and its price on an uptrend.
But it is also listed here because it has a highly promising future, especially when you consider the development taking place in the APE ecosystem. Additionally, the developers have already hinted at the possible launch of a mainnet.
These developments and APE’s massive popularity are expected to have a tremendous effect on the meme coin’s future price action.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu (SHIB)
Shiba Inu is one of the most popular and valuable meme currencies in the cryptoverse. Launched in late 2020 and dubbed the ultimate ‘Dogecoin-killer,’ Shiba Inu shot to prominence during the early 2021 crypto market rally when its price appreciated by more than 5 million percent.
Of course, experts do not expect it to post a similar price action soon – or ever. But since much of its price action is driven by hype and crypto market performance, they consider SHIB the best crypto coin to buy now.
Its developers have also taken significant steps toward proving Shiba Inu’s sustainability. For starters, they have embarked on an enrichment program for the SHIB ecosystem. They have established a token Launchpad, the Shibaswap DEX, and committed to increasing the burn rate for Shiba Inu tokens.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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