Best Cryptocurrency to Invest for 5x Return in 2023 | TechHarry

Best Cryptocurrency for Long Term

CRYPTO, is the most trending topic in the whole world after NFT maybe. People invest $500, $1000 into potential cryptocurrencies as well as some shit coins. After a couple of months, they are getting 2x, 3x returns on their crypto portfolio. But remember, most people don't research on their own before investing, and always get losses. So, remember to research on your own first, and then invest because no one wants to have more losses on their portfolios.

NOTE: This is not financial advice. These are my personal favorite crypto coins & tokens in which I invested if I were you. So, do your own research before spending a single penny on these cryptos.

Best Crypto to Invest for Long-Term

Topics We've Covered

  • Is it worth buying Solana?
  • Is it worth buying XRP?
  • Is it worth buying Polkadot(DOT)?
  • Is it worth buying VeChain?
  • Is it worth buying Cardano (ADA)?
  • Is it worth buying Chainlink?
  • Is it worth buying Polygon?
  • Is it worth buying Fantom?
  • Is it worth buying Pancake Swap (CAKE) coin?
  • Is it worth buying Decentraland (MANA)?

We have covered here the best long-term crypto investment. If you are capable and rich you should definitely buy most of them. Otherwise buying single crypto won't give you pain. Every single crypto in our list is excellent in its performance as well as has strong fundamentals. So, enjoy investing and making more money.

Solana

Solana is one of the most popular and #5 ranked cryptocurrency as per its market capitalization. Today's price of Solana is trading 8.4% down which is $35.52 per coin. Recently, it hit its all-time high of $260 and most of the traders and I personally think that it can touch the mark of $300 in the coming future.

XRP

XRP is one of the most important crypto coins that help financial institutions send and receive digital assets. Today's XRP price is around $0.3283 with a 24-hour trading volume of $1,184,533,848.

XRP is 4.74% down in the last 24 hours. It means you have an excellent opportunity to buy XRP at a very efficient price. It has a circulating supply of 48.34Billion XRP and its max circulating supply is a 100Billion XRP.

XRP coin was launched by a company called Ripple to provide fast, less costly, and more scalable alternatives to both digital assets and existing monetary payment platforms. It roughly takes 3-5 seconds to process transactions. XRP coin can be bought easily from the very reputed exchanges or markets like Binance, Huobi Global, KuCoin, Gate.io, Kraken, FTX, WazirX, etc.

Also Read: Top Crypto Tokens With more than 100% gain This Week

Polkadot (DOT)

Polkadot (DOT) is the #12 biggest market cap. crypto coin with the circulating supply of 987,579,314.96 DOT tokens. While DOT is 5.91% down within 24 hours. Today's price of Polkadot coin is around $6.63 and we can assume that DOT will go more down this month. You should always remember to buy the dip whenever a coin is dumped a little. 9 months ago, DOT touched its all-time high of $55 which is around 87% up from today's price. If you want to invest your money in the long term it can give you quite good returns.

VeChain

VeChain is one of my personal favorite crypto coins. Although, it has not yet achieved its potential. But I am definitely sure that it will, within a year, break its ATH and create a new all-time high. This is one of the most important coins which can anytime boost. VeChain or VET coin is priced at $0.02279 USD with the market cap. of $1,652,037,271 ($1.6B USD).

But what is VeChain used for? VeChain or VET is a blockchain-powered supply chain. It focuses to use distributed governance and internet of things (IoT) technology to create an ecosystem that solves some of the major problems with supply chain management.

Cardano

Cardano is another great crypto for long-term investment. Cardano a.k.a ADA coin is a proof-of-stake blockchain platform that says its purpose is to allow “changemakers, innovators, and visionaries” to bring about positive global change.

This open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent, and fair.

If we talk about its today's price, Cardano is trading at $0.4566 USD with a trading volume of $770,794,886 USD. Cardano has a market cap. of $15.4Billion with the circulating supply of 33.74B ADA, and the max supply of 45B ADA.

Chainlink

Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink provides blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex smart contracts to become the governing form of digital agreement.

Talking about its price, Chainlink a.k.a LINK coin's price is at $6.24 which is 7.91% down as per 24-hour period. Although, it has strong fundamentals, so it has a trading volume of $387,962,072 with a market cap. of $2.9Billion USD.

The circulating supply of Chainlink is around 469Million LINK with a max supply of 1Billion LINK. So, you have a great opportunity to buy this amazing coin. And if you invest here in the bearish market, then you can fill more profit.

Polygon

The first well-organized, user-friendly platform for Ethereum scaling and infrastructure development is called Polygon (formerly known as Matic Network). Polygon SDK, a modular, adaptable framework that facilitates creating many sorts of apps, is its main component.

Optimistic rollup chains, ZK rollup chains, stand-alone chains, and any other type of infrastructure needed by the developer can all be created using Polygon.

Talking about its price, today it is 10% down at $0.73 USD. But as you know, there will be many ups and downs in the crypto market. So, you should not afraid of it, instead, you should buy the dip whenever the price goes down. Seven months ago, Polygon hit its all-time high of $2.92 USD and while it is a fundamentally strong coin, it will definitely hit & create a new all-time high. So, keep investing. But remember, invest as much as you can afford the loss.

Fantom

Fantom or FTM coin is another worthy cryptocurrency in the market. Fantom is a Directed Acyclic Graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

FTM, its own utility token, is used for staking, governance, payments, and fees on the network. As per its price, Fantom is also in a bearish trap and can be traded at $1.86 USD with a 24-hour trading volume of $223,270,804 USD. Its circulating supply is around 2.55B FTM, and the max supply we can have is 3.175B FTM tokens. So, if you are thinking of investing your hard-earned money, then FTM has the ability to make you more than 2x gains in the upcoming future.

PancakeSwap (CAKE)

I have already cleared here in this post that Pancake Swap or CAKE coin is an extremely under-value coin. Pancake Swap is an automated market maker, a decentralized finance application (DeFi) that allows users to exchange tokens, providing liquidity via farming and earning fees in return. As per its price, it is valued at $3.15 USD with a 24-hour trading volume of $48,337,038. Once it hit its all-time high of around $44.18 USD. On CoinMarketCap, the CAKE coin is at #77th rank as per its market capitalization.

Decentraland

Decentraland a.k.a. MANA is a virtual reality platform that allows users to create, experience, and monetize content and applications. With the launch of a virtual metaverse called Meta, Decentraland and other metaverse projects are also coming to light and giving their investors as much profit as they can. In this bearish time, we can only see Metaverse tokens gaining.

MANA coin is currently trading at $0.84 USD with around 7.22% down today. It has a market cap. of $1.5Billion USD and with the circulating supply of 1.85B MANA coins. It has a total supply of 2.19Billion MANA tokens.

If you are going to invest somewhere, why won't you invest in Decentraland? This will be the best performer coin in the future and can give you the best returns. So, you can invest, hold and earn some great returns from Decentraland (MANA).

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