Finding a cryptocurrency that can show great results in the long run is not at all easier than searching for gems for a quick buck! Hopefully, the list of the best crypto coins according to the ChangeHero team can help you form a well-performing portfolio for months or even years.
Disclaimer
This article is not financial or investment advice. When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis of your own research and at your own risk.
How to Choose a Crypto Coin for Long-term Investment
Planning an investment usually includes considerations for the time it will be held. Depending on whether you plan to capitalize on short-term gains or cash out your investment much later, the factors that determine what to look for change considerably.
We will describe some qualities and factors relevant to long-term investments in particular. They can ensure long-term growth potential and price appreciation for the digital currency.
Reputation and Longevity
One of the things to consider before choosing a long-term cryptocurrency investment is the reputation of the project. The longer its history, the more likely it is that it will not be spotless but analyzing how challenges and controversies were addressed can also provide valuable insight into the reliability and longevity of the project.
Speaking of it, this is another crucial quality without which future growth is not possible. A project’s longevity is revealed in its utility, tokenomics, and development.
For the better or worse, this list will not feature meme coins and such. Although there are exceptions that stood the test of time and have been around for years, the vast majority of meme coins do not show good results in the long run.
Utility
We already mentioned utility when discussing the project’s longevity. A crypto project with a clear-cut use case and actual adoption is well-suited for a long-term investment.
Of course, there are exceptions to this as well but in general, solid utility backed by concrete cases is a sign of a digital currency that won’t be abandoned to become a purely speculative asset.
Volatility and Technicals
Last but not least, technical analysis can be of use to long-term investors as well. Although it is a handy tool to spot opportune short-term trades, on longer time frames it is equally effective.
Assets that accumulate value over time tend to have lower volatility either due to higher market capitalization or liquidity. You would not be able to luck into some quick gains as well as in a crypto market with high volatility but also you would not need to worry about a bad day wiping out all your investment.
Which Crypto to Buy Today for Long-Term
Pax Gold (PAXG)
Stablecoins are champions of low volatility and are highly regarded as a hedge against it. Although most of them barely move in tune with the rest of the crypto market, there are still tokens that can let you grow your investment over time.
One of them is the gold-pegged stablecoin Pax Gold (PAXG). Mind that with gold recently reaching a new all-time high, getting into it right now is the same as buying high. Nevertheless, historical records of gold prices spanning centuries show that their value has been steadily, if slowly, growing.
TRON (TRX)
Surprisingly, the native token of this platform for smart contracts has one of the lowest volatility ratios among coins that are not stablecoins. A reason for this could be its unique fee mechanics, which reduce the reliance of transacting costs on the price of the gas token.
TRX gas fees, in turn, are relevant when it comes to one of the main use cases of the TRON platform: using the Tether USD coin. The TRC-20 USDT token is far ahead of any other protocol on TRON in terms of volume, and its supply is even larger than on Ethereum. This is a result of lower transaction fees coupled with fast transaction speeds.
On a yearly scale, TRX is up 75% and has been on a steady uptrend. In comparison to previous market cycles, it shows less volatility and looks more and more like an asset to consider for long-term investing.
OKB
Arguably, OKB is close to transcending its origin as the utility token of the OKX exchange, just like BNB did a while ago. Nevertheless, it retains a close tie with the exchange’s ecosystem, and this is what makes it more viable in the long term.
The previous two years have shuffled the landscape of crypto exchanges, with the FTX’s rapid demise and the ouster of CZ from Binance. Although it is still at the top, Binance’s dominance among centralized crypto exchanges is waning, and competitors like OKX are taking a bigger share of trading as a result.
Platform’s native cryptocurrency OKB is showing a similar dynamic to the TRX coin price. A big difference is that OKB’s price lost 15% of its value during the year to date but the overarching trend is still bullish.
Bitcoin (BTC)
You did not think that this list would not recommend the digital gold, did you? BTC remains one of the best long-term crypto investments even today.
There is ample material on the internet that backs the notion of Bitcoin accruing value over time such as the famous rainbow chart. Fundamentally, it is also the soundest option thanks to its widespread adoption by retail and institutional investors alike. Being far ahead of any other cryptocurrency in terms of market capitalization also helps with liquidity, available markets, and tempers volatility.
Wrapped Bitcoin
Alright, now hear us out! Thanks to all the qualities of Bitcoin we just described, its wrapped version also deserves some attention. A wrapped token generally represents one asset on another blockchain, deposited into dedicated bridges or smart contracts. Locking up the backing assets is important so as not to disrupt the supply and tokenomics and not to create nonexistent copies of crypto coins.
The purpose of wrapped tokens is to enable them to be used in another ecosystem. For instance, ERC-20 wBTC can be used in decentralized finance (DeFi) products like Uniswap and Compound, and its value will correspond to Bitcoin (BTC).
As far as Wrapped Bitcoin tokens go, these days multiple providers are competing for the service. In addition to choosing which wrapped asset to go for, you should also pay attention to who manages the associated smart contracts. For example, for a long time, BitGo’s WBTC has been the leading choice but after it changed the jurisdiction and announced a controversial partnership with TRON’s Justin Sun, the investor confidence in this product took a dip. Meanwhile, more alternatives with reputable centralized exchanges (Coinbase, Kraken) as providers started to enter the market (cbBTC, kBTC respectively).
Stellar (XLM)
Stellar Lumens is a peer-to-peer digital currency on a blockchain platform designed after the XRP Ledger. Unlike Bitcoin, it is supposed to accommodate energy efficiency with low transaction fees, while connecting fiat currencies to the blockchain space.
While XRP is primarily used by Ripple in their product offerings for financial institutions, Stellar branched out to offer smart contracts, decentralized finance (DeFi), and decentralized applications (dApps). The price comparison proves that a more narrow utility helped XRP outperform XLM.
However, there is also a case to be made in favor of choosing XLM over XRP. For one, XRP has a high market cap in comparison to Stellar’s native token. While we reasoned that this is good for long-term investments, it can also stifle the upside potential of the token. Ultimately, when deciding between similar projects like these, you should include your risk tolerance into the equation.
BNB
BNB was also already mentioned in connection with OKB but we include it in the best crypto coins to hold long-term for another reason. If OKB seems worth it because OKX provides it with value, BNB is a success story of how a cryptocurrency can become bigger than an exchange token.
Today, BNB is a native token of a thriving ecosystem that comes close to rival Ethereum thanks to low fees. Its simple consensus mechanism allows anyone to stake BNB and further increase their long-term cryptocurrency investment.
In a sense, BNB illustrates a few trends we have observed in other assets at once. It has become less volatile over the years, the long-term trend is bullish, and it has recently made a new price record. Sure, as far as smart contracts go, it is second to Ethereum but the same logic that we applied to XRP and Stellar works here, too.
Cronos (CRO)
When it comes to the criteria we highlighted that should help you choose a long-term investment, Cronos (CRO) has it all. It has relatively low volatility, a long history, a discernible use case, and healthy network activity. The Chronos Chain supports trading digital assets, non-fungible tokens, decentralized finance (DeFi) applications, and more.
What makes this pick different from the others is that the CRO token prices are not currently on an uptrend. In comparison to the 2021 all-time high ($0.9698), CRO is down more than 90%, but it does not mean that the asset has lost its value. On a yearly scale, CRO is up 30%, and having a previous price record this high underscores the growth potential of its valuation.
Yearn Finance (YFI)
If you invest in blockchain technology without allocating at least a part to decentralized finance, what are you doing? Some of the most interesting kinds of protocols in this novel sphere are yield aggregators like Yearn Finance. They utilize other DeFi protocols for lending, borrowing, and staking, to maximize the possible return.
The governance token YFI has intriguing tokenomics: only 36 thousand tokens are available. The relatively low supply made YFI at its highest in 2020 worth more than Bitcoin (BTC). It is now more accessible in price and long due for an eye-popping breakout.
Toncoin (TON)
Last but not least, another match for all our criteria and a popular choice for both short-term speculation and long-term investors. Neither we are going to beat around the bush and conclude the list of the best crypto coins for investing today with Toncoin (TON).
By now, TON is no longer a new player, as evidenced by its market capitalization rating and extensive user base. Its current value being higher than at the peak of the previous market cycle proves a few things. For one, since then, Toncoin has built an even more attractive platform. But more importantly, its long-term growth potential is not limited by a long-standing price record.
Conclusion
These assets may not explode anytime soon but for months and years in advance, we believe them to be the best crypto coins you can get.
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Frequently Asked Questions
Which crypto is the best to invest in today for the long term?
Assets with high market capitalization and network activity like Bitcoin (BTC), BNB, TRON (TRX), or Toncoin (TON) are popular choices among long-term investors. More specific options with higher risks include alternatives like Stellar (XLM) and Cronos (CRO).
Which crypto coin will give 1000x?
10,000% gains are usually observed in the short term in extremely volatile assets such as meme coins. Bitcoin (BTC) is also an exceptional case since it has the longest history and is the most valuable crypto asset in the market. Given the same distance, other coins may achieve 10,000% gains too but predicting for decades in advance is not reliable with any method.
What crypto is best to buy now?
Some options highlighted in the article that trade in the lower price ranges are Stellar (XLM), Yearn Finance (YFI), and Cronos (CRO). If you do not mind entering high, consider Toncoin (TON) or Pax Gold (PAXG).
Which coin will reach $1 in 2025?
The most likely candidates to reach $1 next year are Stellar (XLM) and Cronos (CRO).