In the world of cryptocurrencies, there are some coins that are performing like stars. If you are searching for the best performing coins in long run, have a look at this piece, here we are with the top 5 best crypto coins for long term investment and why they can be the best option.
The Sandbox (SAND)
Launched in 2011 by Pixowl, The Sandbox is a unique crypto coin to invest in 2021 because it introduces blockchain technology to the world of gaming. The gaming industry is a huge untapped market when it comes to the adoption of blockchain tech, and Pixowl saw that in 2011. By creating a universe where gamers can create and collect blockchain-based assets, the Sandbox aims to revolutionize the market. It makes a niche for itself in the global market of gaming.
There is a maximum and total supply of 3,000,000,000 SAND tokens. Currently, about 680,266,194 SAND tokens are in active circulation, which represents 23% of the total supply available as of March 2021. If you are looking for huge benefits in the next 1 or 2 years then The Sandbox is for you. As per the last few month’s data, The Sandbox is one of the best coins that has given the opportunity to investors almost double their investment. The best part is The Sandbox has gained enough trust from its investors so we can count this stable coin in top 5 best crypto coins for long term investment.
Founded in 2018, THORCHain is one of the unique coins that has been reached to $20 mark in just a few months. THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. According to an official representative of THORChain, the platform has no CEO, no founder, and no directors. Instead, the further development of the platform is organized through Gitlab. THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module, and a TSS protocol to seamlessly facilitate cross-chain token swaps.
This is all kept behind the scenes, making the platform accessible to even inexperienced traders. The platform isn’t profit-oriented. All fees generated by the protocol go directly to the users, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else. These all uniqueness makes Thorchain a decentralized stable coin that can be beneficial in long run. As per the analysis of the last few month’s data, Thorchain has given the best returns.
Founded in late 2020, Oddz aims to build a multi-chain options and derivatives trading platform on Binance Smart Chain, Polkadot, and Ethereum, enabling users to trade customized options with rewards. It will be leveraging layer 2 solutions and relayer networks to solve the latency and lowering the gas fee for Ethereum transactions.
As projected, Oddz will facilitate the creation, maintenance, execution, and settlement of trustless option contracts, conditional token agreements, and futures contracts, acting as some sort of an automated market maker (AMM). It aims to become a player in the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience. Due to its unique vision and strong backing, Oddz is one of the best coins to invest in in the long run. Oddz coin’s vision covers those specific areas that are gonna in trend in the next few years that make it one of the top 5 best crypto coins for long term investment.
Cardano was founded back in 2017, and named after the 16th-century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th-century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. The team behind the layered blockchain says that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, which is less energy-intensive than the proof-of-work algorithm relied upon by Bitcoin. The project has taken pride in ensuring that all of the technology developed goes through a process of peer-reviewed research, meaning that bold ideas can be challenged before they are validated. According to the Cardano team, this academic rigor helps the blockchain to be durable and stable — increasing the chance that potential pitfalls can be anticipated in advance.
In 2020, Cardano held a Shelley upgrade that aimed to make its blockchain “50 to 100 times more decentralized” than other large blockchains. The uniqueness of blockchain technology using by Cardano developers and the strong backing of holders make Cardano one of the trustable coins that can give high returns in long run. Also known as ADA, Cardano has given good returns to their investors in the recent few months so you can trust this coin after some market research.
Launched in October 2017, Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche, etc. with the advantages of Ethereum’s security, vibrant ecosystem, and openness.
Polygon is self-described as a Layer 2 scaling solution, which means that the project doesn’t seek to upgrade its current basic blockchain layer any time soon. The project focuses on reducing the complexity of scalability and instant blockchain transactions. Polygon uses a customized version of the Plasma framework which is built on proof-of-stake checkpoints that run through the Ethereum main chain. This unique technology allows each sidechain on Polygon to achieve up to 65,536 transactions per block. Due to their unique vision, technology and strong backing Polygon can see a surge in the next few months. If you are looking for a coin that you can hold for years then Polygon can be a good choice.
Conclusion: Top 5 best crypto coins for long term investment
The Sandbox and Thorchain have given good returns almost every week in 2021 to their investors who have invested smartly or for instant earning so that makes it similar to any top performing NASDAQ share. In recent months, we have seen unpredictable surges and downfalls with some stable crypto coins so it’s not easy to predict which coin can achieve the target. This analysis is based on the unique technology using by crypto coins, their vision for a blockchain system, circulation supply, and recent months’ performance.
Disclaimer: Please always do your own market research before any investment.