Most people know cryptocurrencies for how volatile they are, which can lead to big short-term gains. But buyers who hold for a long time are the ones who make the most money.
Holding for longer times makes sure that you make money from long-term price changes instead of small price changes over a short time. In this piece, we’ll look at seven of the best cryptocurrency projects that investors should buy to make money in the long run.
Here is a list of the seven best cryptocurrencies to invest in if you want the price to go up over time:
- Everlodge (ELDG): Best cryptocurrency for massive gains
- Binance Coin (BNB): Best exchange token
- Ethereum (ETH) is the best coin for smart contracts
- Shiba Inu (SHIB): Best meme coin
- Uniswap (UNI): Best decentralized exchange token
- TRON (TRX): Best virtual machine crypto
- Stellar (XLM): Best crypto for decentralized payments
Here are some of the unique qualities and growing prospects of these seven cryptocurrencies that make them great investments.
1. Everlodge (ELDG)
Everlodge (ELDG) is building the first property marketplace in the world, which will let people buy in hotels, luxury villas, and vacation homes in small amounts. It is the first company in the world to combine timeshare, NFT, and partial ownership of vacation homes.
On Everdoge, people can buy a small piece of these buildings worth millions of dollars for as little as $100. By doing this, Everlodge is breaking down the barriers that have kept people from investing in luxury villas, holiday homes, and hotels.
The project team will work with top hotel chains and producers of high-end real estate to choose only the best properties. The properties’ titles, deeds, and information about who owns them will be printed and stored on the blockchain. As the market value of the property goes up, so does the price of the NFTs, which are backed by the property.
2. Binance Coin (BNB)
Binance Coin (BNB), the utility coin of the biggest cryptocurrency exchange in the world, has done well. Fees on the Binance market are paid for with BNB. The coin is useful because it is also used in the BNB Chain ecosystem.
The Binance Coin is used in more ways than just as an exchange token. It is used in its community of decentralized blockchain-based networks. Binance Coin, which is ranked 4th and has a market cap of $34.7 billion, is one of the most popular cryptocurrencies.
Binance Coin is a good long-term investment because of how well it has done so far. Binance Coin is also a deflationary currency, which means that assets are destroyed each month. By cutting back on production, Binance Coin is expected to become rare over time, which will raise its value even more.
3. Ethereum (ETH)
Since smart contracts were added to Ethereum (ETH) in 2015, it has become one of the most popular projects in 2023. Ethereum (ETH) is the most popular alternative cryptocurrency to Bitcoin and the biggest decentralized finance (DeFi) community.
Since it switched to a proof-of-stake (PoS) decision, Ethereum is also one of the most stable blockchains. The Ethereum system is also getting a number of updates that will make it work better.
Crypto experts have said that the growth of DeFi and Web 3 will cause the price of ETH to go up in the long run. At the rate it is growing now, it is thought that Ethereum will be one of the best bets in the future.
4. Shiba Inu (SHIB)
Dogecoin was the most popular joke coin until Shiba Inu (SHIB), which was called the “Doge-killer” when it came out in 2020. Shiba Inu (SHIB) started out as a joke coin, but the team behind it has been working hard to change its image.
As part of the renaming, Shiba Inu is starting a new network called Shibarium, which is a layer 2 network. Shiba Inu would also build a metaverse platform, a decentralized exchange (DEX), the Shiboshis NFT collection, and a play-to-earn game called Shiba Eternity.
These things would make Shiba Inu more useful. Shiba Inu (SHIB) prices are expected to go up a lot because the Shiba environment will be changed. The price of a Shiba Inu, which is now $0.000008297, could go up by 10x in the next few months.
5. Uniswap (UNI)
The decentralized exchange (DEX) community is led by Uniswap (UNI), which has a very user-friendly design and low fees. Since its release in 2018, Uniswap has made four updates. Each new version improves on what the DEX has to offer. The newest version of Uniswap, V4, has a new feature that experts are excited about.
With the “hooks” features, coders will be able to use Uniswap to set up new types of liquidity pools. This will make Uniswap more useful and will have a good effect on the price of UNI. Now worth $6.45, Uniswap is expected to go up by 50% and be worth more than $10 in 2023.
6. TRON (TRX)
Tron (TRX) is one of the oldest cryptocurrencies, so investors can feel safe putting their money into it for the long run. TRON is well-known for being a decentralized blockchain-based operating system with one of the best payment methods in all of crypto. This is clear from the growing number of daily live addresses and adoptions.
Last month, TRON bank addresses reached 170 million. Tron has one of the top three most busy addresses every day. Since staked Tether (stUSDT) will soon be added to the Tron network, crypto experts think that the price of TRX will rise over time.
7. Stellar (XLM)
Stellar (XLM) is one of the most famous cryptocurrencies because it has a payment infrastructure that is used by institutions. The Stellar network is used to make it easier to send and receive both digital assets and standard fiat currencies across borders.
The Stellar network makes it easy and cheap for banks and payment companies to move money quickly and easily. Stellar also has a DEX and a trading place, which makes XLM even more useful. Crypto experts have said that XLM will be a great investment in the long run.