To Watch: 8 Promising Crypto Projects for Long Term Investment
London, UK, 20th Nov 2021, ZEXPRWIRE, Each of the cryptocurrency projects mentioned here is still at a low enough price so that you can buy enough coins without breaking the bank and ensure a good return for your investment in the long term. The best thing to do would be to buy and hold the coins for a few years. Even if some of these projects may have the opportunity to explode in price, the price is still dependent on the father of all cryptocurrencies, Bitcoin but the story of Eurot is different.
1) Cardano (ADA)
Good scalability, speed, and energy consumption
Started in 2017, by a former co-founder of Ethereum, Cardano is somehow similar to Ethereum but improves the problems already existent on it, because it was built from scratch. One of these issues is scalability and the others would be Ethereum’s high gas fees, its speed, and its consumption of energy.
2) Solana (SOL)
Very fast, secure, and versatile
Founded in 2018 Solana is a really fast and scalable blockchain allowing the building of DApps, tokens, and smart contracts. It can process around fifty thousand transactions every second, meaning that is probably the fastest right now. Its speed and low latency make it useful in cases in which Ethereum would become useless.
3. Polygon (MATIC)
Good scalability, fast growth in valueThe Ethereum blockchain has its limitations and issues and this includes the increased fees and the low transaction number that is allowed per second. To solve these inconveniences, the crypto project Polygon, founded in 2017 by Indian software engineers, is meant to become the Internet of Blockchains for Ethereum, scaling the blockchain’s capabilities and linking it to other compatible blockchains.
4. Vechain (VET)
Solves supply management issues and is cheap to buy
Vechain was founded in 2015 and it’s a blockchain project meant to make business and supply management better by providing a unique digital identity to any product in the supply chain and improving the flow of information throughout the supply chain. This will allow us to identify products and see if they are genuine or fake.
5. Polkadot (DOT)
Solves scalability, security, and other blockchains issues
Polkadot is a project founded in 2016, by one of the initial co-founders of Ethereum and comes to solve common blockchain problems. It can make them more scalable and interconnect them so they can communicate with each other to form a network, then allow data transfers between them on this network. It is multichain, which means multiple chains can work in parallel at the same time to allow the multiplication of the possible number of transactions.
6. EuroT ( EUT)
Euro based Stable Coin in TRX platform
EuroT is the first Stable Coin project in the platform of TRX backed by Euro with staking and Swapping facilities in collaboration with prominent crypto-currencies like Etherium, Binance, Litecoin, and Tron. Euro is the official currency in the European Union where 28 forming member nations are under one roof of the EU. Europe is now the world’s biggest cryptocurrency economy, with the continent receiving over €870 billion in crypto in the past year. So the Eurot has a very bright future since they have a unique project.
7. Stellar ( XLM)
An open Financial System
Founded in 2014, Stellar is the oldest coin on this list and is meant to be a network that allows the free circulation of money by integrating with the current financial system and make improvements where possible. In this way, people all around the globe will have access to financial services with low fees, being able to exchange between crypto and fiat currency easily.
8. Internet Computer (ICP)
Innovative, really fast, and game-changing
Founded in 2016, Internet Computer is a very fast blockchain and its creators want it to become the new world wide web, but its capabilities are even greater because it can be scaled to infinity. We could soon see a revamp of the internet, a new blockchain-based internet.
Conclusion: In my opinion, and many investors feel the same way, the best way to invest in cryptocurrency is for the long term. Those who know how to ride the waves of volatility and perform short trades can make a lot of money too. The long term is where the big gains are if you have the time and the patience.
I invested in some of the coins above, and I will also extend my portfolio to as many as I can from this list. Projects like these are about to improve our lives in the future, because of the solutions that they bring, so why not take advantage of their growth?
