The decline in Bitcoin has made some investors think twice before jumping in. But this type of decline is not unprecedented. Bitcoin went from nearly $20,000 in late 2017 to less than $3,000 in late 2018. Which cryptocurrency is the best buy right now?
Battle Infinity
For many cryptocurrency investors, the potential for huge returns from crypto is a significant selling point. If you want to invest in the best cryptocurrency for the long term, Battle Infinity could be the answer. This project is a blockchain game and has unrivaled use cases. Early buyers can get tokens for 0.0015 USD each, and the coin will likely increase in listing price. To invest in Battle Infinity, it’s best to have a Binance Coin and a crypto wallet.
Purchasing BNB is easy. The Battle Infinity pre-sale opens crucial windows. To do this, you must first confirm the transaction with a wallet supporting BNB. Once you have done that, transfer BNB to MetaMask. You should then link your MetaMask wallet to your Battle Infinity account. Once you’ve linked your wallet, open an order position and enter the amount of IBAT you wish to buy.
Battle Infinity’s price is directly tied to the growth of the metaverse market. McKinsey & Company predicts that the metaverse will be worth $5 trillion by 2030 and receive $120 billion in investments by 2022. Battle Infinity has an entire 3D universe and features that encourage users to customize their avatars and connect with other players among the year’s most promising metaverse platforms. Moreover, the currency’s price is expected to rise over the next two years.
The Battle Infinity ecosystem is built around six distinct play-to-earn games. Players can also participate in battles with real-life athletes. This platform also features social interaction and bonuses, which can be acquired with its native token, IBAT. IBAT acts as the platform’s in-game currency and is an essential source of liquidity. Further, it will eventually be the best long-term cryptocurrency to invest.
Algorand
If you are looking for a cryptocurrency to invest in for the long term, you should consider Algorand (ALGO). There are many exchanges on which you can purchase this crypto. You can transfer the coin from your wallet to the exchange of your choice. Then you can wait for its price to rise. If it doesn’t, you can sell it and start investing in a different cryptocurrency.
In March, Algorand started to climb as it backed a decentralized self-sustaining blockchain network. It is now becoming the biggest dApp hub in the world and is working toward integration with Ethereum to attract much-needed liquidity. However, the future is uncertain, so do your research before making any decisions. But here are some reasons why Algorand is the best cryptocurrency to invest in the long term.
Algorand has recently gained popularity due to its innovative, intelligent contract functionality and stable blockchain network. Furthermore, Algorand is backed by an experienced development team. While crypto assets are a great way to make money, they are highly volatile and do not come with any protection. That’s why you should use your discretion and learn as much as possible about the industry before investing in any crypto asset.
Algorand’s VRF (Virtual Random Numbers) consensus algorithm creates proof of results and pseudorandom outputs. This results in lower fees and faster transactions. With this technology, it’s easy to build decentralized applications and smart contracts. This technology has many applications, such as metaverse and NFTs.
The future of blockchain technology is inspiring. It’s not surprising that some investors have made money through the cryptocurrency market, and Algorand is no exception. This project is decentralized and backed by smart contracts and blockchain technology. This will keep the currency’s value stable and safe over time.
Read More: Is it Best to Invest in Multiple Cryptocurrencies Or Just One?
Stellar
If you’re wondering if Stellar is a good investment, consider this: the technology behind the blockchain has many real-world uses, and a decentralized exchange backs it. In addition to its payment network, Stellar also has its app, which allows you to send money to other users or buy digital currencies. The app is handy in countries where the national currency is weak.
As with other cryptocurrencies, Stellar uses a distributed payments network called a ledger to store account balances and operations information. Every 5 seconds, a transaction is broadcast to the entire network, where computers running the core Stellar software (known as nodes) validate it to ensure that the correct amount is transferred. Because the system relies on consensus, nodes are used to verify transactions.
While the price of Stellar Lumens has fallen recently, it has now turned around. Investors can expect the price to continue growing for quite some time. In the short term, the market cap of Stellar is just USD 5M, and there are 50 billion XLM coins in circulation. The Stellar Lumens cryptocurrency market cap is estimated to hit USD 50 billion if the news turns out to be as positive as the company claims.
With the price of Stellar Lumens at around $13 per coin, the value of the XLM token is a great long-term investment opportunity. Currently, a single XLM coin ranges from $0.25 to $13. The XLM price prediction table above indicates what the market will hold for the long term. To trade Stellar Lumens, check out PrimeXBT. It has 100x leverage.
Investing in long-term cryptocurrencies is a smart choice for investors seeking high returns. Blockchain technology supports these digital assets with a robust infrastructure and infinite potential for further innovation.
