The best cryptocurrencies to invest in for the long term can often produce massive returns. Web3 is filled with highly disruptive innovations that could change the digital landscape and cryptocurrency markets forever, and many of them are currently underpriced.
Our Best 14 Long Term Crypto Investments In 2024
For anyone looking to find out which crypto to invest in for the long term, here is a list of 14 top-quality choices:
1. Bitcoin Dogs (0DOG)
What is Bitcoin Dogs?
Bitcoin Dogs marks a groundbreaking initiative as the world's first BRC-20 presale, leveraging the robust Bitcoin blockchain. This novel approach not only offers investors a chance to be part of a pioneering movement in blockchain technology but also taps into the burgeoning market of crypto-gaming and NFTs.
By participating in the Bitcoin Dogs ecosystem, investors gain access to a unique blend of nostalgia, through Tamagochi-inspired gameplay, and modern blockchain functionality. This includes virtual dog training sessions, competitions, and social interactions, all within a crypto-centric environment.
Why buy $0DOG?
The allure of Bitcoin Dogs extends beyond its innovative gameplay. It introduces a unique investment opportunity via its $0DOG utility token and an exclusive Bitcoin ordinals NFT collection, with rarity levels ranging from the extremely rare OG Dog to the Sausage $0DOGs. Such features not only enhance the gaming experience but also provide tangible value within the ecosystem, potentially leading to significant gains for early investors.
Bitcoin Dogs stands out not just for its novelty but for its potential to deliver substantial returns. The limited one-month presale period underscores the exclusivity of the BRC-20 tokens, suggesting a rare opportunity for 1000x gains. This, coupled with the project's pioneering use of Bitcoin gaming and ordinals, positions Bitcoin Dogs as a unique investment opportunity within the crypto and NFT market spaces.
2. Memeinator (MMTR)
What is Memeinator?
Memeinator is a meme coin project that has been designed to usher in a new era for meme coins in Web3. Based on the popular Terminator movie, the Memeinator is focused on ridding the internet of weak, pitiful meme coins, hitting a $1 billion market cap, and dominating the meme coin market.
The MMTR token has raised $0.0125 so far during the opening stages of its presale. The token was created as a better alternative to existing meme coins, bringing more utility when compared to its older competitors.
The community can destroy overvalued meme coin mascots in the Memeinator’s upcoming game, Meme Warfare. The platform will use Memescanner, an AI-assisted web scraping tool, to feed the game meme coins that lack token utility. Meme Warfare will be an amusing pastime that can keep MMTR token holders engaged with the project’s long-term mission.
The Memeinator team is also investing heavily in digital marketing to ensure the new meme coin goes viral. One of the first initiatives is an actual trip to outer space through the project’s partnership with Virgin Galactic’s Spaceline. One lucky presale participant will be given the trip of a lifetime, being shot into the stratosphere on a real-life rocketship.
Why buy MMTR?
Memeinator, unlike most meme coins, brings real utility into its ecosystem. A blockchain game, NFT collection, and staking services deliver more value than other meme coins in Web3. The project’s ethos is on full display throughout its 29-stage presale event.
The MMTR token has sky-high long-term potential thanks to its in-built utility. The presale will only be available for a short period. This is the first chance to participate in a hot new crypto before it goes live on digital asset exchanges, which gives it the number one spot on the list of the best long-term crypto investments.
3. Bitbot (BITBOT)
What is Bitbot?
In today's dynamic world of Telegram trading bots, the prevailing challenge is choosing between the sheer convenience of use or the ironclad security of assets. Bitbot emerges as a groundbreaking solution, seamlessly blending the best of both worlds to offer an unparalleled trading experience.
Armed with tools of institutional caliber, Bitbot empowers retail investors and traders to outmaneuver the institutional counterparts. The integration of cutting-edge proprietary AI completes this compelling package.
The landscape of trading bots often reveals a concerning practice where competitors maintain control over user assets and private keys. This approach not only strips users of their autonomy over their investments but also exposes them to heightened risks of cyber threats, as underscored by the recent security breach at Unibot.
Unlike these platforms, Bitbot champions user sovereignty and security through its innovative partnership with Knightsafe for wallet management. Utilizing open-source smart contract technology, Knightsafe elevates the security framework of Bitbot's non-custodial solution to unparalleled heights, ensuring users' assets are safeguarded with the most advanced measures available.
Why buy $BITBOT?
Investing in $BITBOT means securing a stake in a project that redefines the crypto trading experience. Its unique revenue-sharing model ensures that as Bitbot grows, so do the rewards for $BITBOT holders, aligning the platform's success directly with your investment.
Exclusive access to pre-sales, perks, and airdrops offers unmatched opportunities to enhance your portfolio and enjoy the thrill of early adoption. Governance rights empower you with a voice in Bitbot's strategic direction, making you an integral part of its evolution.
Moreover, being part of an elite community connects you with seasoned trading experts, fostering an environment of learning and shared success. The carefully planned tokenomics ensure a balanced distribution, promoting long-term sustainability and growth.
4. Chancer (CHANCER)
What is CHANCER?
Chancer is a new, blockchain-driven Web3 betting facilitator and the world’s first decentralized predictive market app. Combining the transformative potential of blockchain technology with a groundbreaking approach to online betting, Chancer aims to dramatically disrupt the betting industry, offering lucrative crypto investment prospects in the process. Uniquely, Chancer completely removes the need to make bets via a betting house or bookmakers; bets are made without a middleman. Bets can be made among friends, or viral bets can be placed for huge events such as the Superbowl or even a non-sport event such as the Oscars.
Chancer operates on the concept of decentralized predictive markets, where instead of being restricted by the offerings of conventional bookmakers, users can establish their own customized peer-to-peer (P2P) betting markets on a decentralized platform. This platform and all bets are powered by the CHANCER token, forming a unique combination of the burgeoning cryptocurrency space and the long established world of betting.
Why buy CHANCER?
The CHANCER token is the primary currency for transactions within the Chancer ecosystem. As a potential investor, one crucial aspect to consider is the potential for price appreciation in the value of these tokens. With Chancer's aim to disrupt the colossal gambling and betting industry, worth approximately $63.53 billion, and the increasing adoption of cryptocurrencies, CHANCER tokens should present a substantial investment opportunity for those looking to lock in the highest profits.
Additionally, the innovative platform may draw in users who aren’t attracted to traditional online betting platforms, with the flexibility and fast pace of the Chancer platform likely to entice users to the market in addition to securing a market share of the traditional gambling world.
5. AltSignals (ASI)
What is ASI?
AltSignals has been one of the most successful online trading communities in Web3 since it first launched back in 2017. The AltAlgo indicator has produced profitable trading signals with a 90% rate of accuracy on a consistent basis. This reliable data has helped minimize the learning curve for new traders and maximize investment returns for experts.
The new ASI token will power the platform’s expanded blockchain offering, which will include a new-and-improved trading toolkit that utilizes advanced artificial intelligence technologies. The suite of new tools being released by AltSignals is called ActualizeAI, which uses machine learning algorithms to analyze vast datasets almost instantaneously.
AltSignals can help anyone to make money while trading online, and the new ASI token is specially designed to provide increased benefits to blockchain investors. Holders can join ActualizeAI Club and test out new trading tools before they are officially released, as well as gain access to public and private sales of new cryptocurrencies – a great method for making a return on long term crypto investments.
Why buy ASI?
Like Metacade, AltSignals is a brand-new token at the forefront of a growing sector in Web3. AltSignals combines artificial intelligence with the blockchain to provide trading signals with an unprecedented level of accuracy, which is a hugely useful solution that can benefit an increasing number of people over time.
AltSignals is a well-established platform that already supports many users. The trading tools released by AltSignals have a proven track record, and the ASI token is now being released to further develop the platform.
AltSignals can be purchased during its presale for just $0.015 per token, which makes it a great long term crypto investment. Experts forecast impressive long term returns for ASI, and the presale could be the perfect opportunity to get involved.
6. Metacade (MCADE)
What is MCADE?
Metacade is the first community-driven blockchain arcade. The project combines a vast selection of play to earn games with a host of additional features, including several new ways to earn cryptocurrency rewards online.
The metaverse arcade combines both casual and competitive gameplay to deliver a comprehensive blockchain gaming experience. Users can join paid entry tournaments to compete for major MCADE token rewards, and also earn while progressing through endless levels in some of the hottest arcade games on the blockchain.
Metacade’s additional features include Work2Earn and Create2Earn. Work2Earn will connect blockchain users to paid job opportunities in Web3, which can help to expand the workforce and drive innovation for the wider GameFi movement.
Create2Earn rewards content creators for their community contributions, which incentivizes people to get involved in Metacade’s community-driven platform as it aims to become a hub for all GameFi enthusiasts to enjoy.
Why buy MCADE?
While most blockchain gaming platforms offer only one gaming experience to users, Metacade intends to offer a huge selection. Not only that, but Metacade also delivers vast earning potential to all blockchain users and it could become hugely popular over time.MCADE is one of the best cryptos to buy now for long term returns. Metacade’s token could help revolutionise the wider gaming industry thanks to its unique benefits, making it a valuable long term asset in anyone’s crypto wallet.
MCADE is one of the best cryptos to buy now for long term returns. Metacade’s token could help revolutionise the wider gaming industry thanks to its unique benefits, making it a valuable long term asset in anyone’s crypto wallet.
7. Solana (SOL)
What is SOL?
Solana is a public blockchain designed to be a more scalable alternative to older blockchains that support smart contracts functionality. Solana's architecture offers users trust and security on a global scale, and is able to handle up to 50,000 TPS - far more than other blockchain protocols.
Solana also has an innovative consensus protocol which provides guaranteed block production times, and an incredibly efficient data sharding framework which makes it one of the fastest networks available today. The protocol combines proof of stake with proof of history to deliver near-instant transactions at extremely low cost to the user.
Solana’s mission is to provide an operating system capable of unprecedented levels of throughput that can scale with demand, enabling developers to create faster applications. Solana’s combination of speed and scalability makes it an attractive platform for decentralized applications (dApps), which are built using Rust for increased versatility.
Why buy SOL?
Solana is one of the best long-term crypto investments for a number of reasons. The current price of Solana is around $20, which is significantly lower than its previous all-time high. This means that Solana could produce substantial returns as it aims to reclaim its previous high of $260 over time.
As well as this, Solana has opened a range of services with real world utility, including ‘Spaces’ where anyone can learn about Web3, earn crypto rewards, and experience events including non-fungible token (NFT) art shows. Solana is also releasing a blockchain-compatible mobile phone that will make it easy for anyone to use dApps on-the-go.
8. Optimism (OP)
What is OP?
Optimism (OP) is a layer-2 blockchain that enables trustless and near-instantaneous transactions while preserving the security of Ethereum (ETH) – Optimism’s layer-1 chain. Optimism provides higher scalability, more liquidity, and greater accessibility of crypto assets, which allows for an increased transaction throughput without harming the user experience for dApps.
This system is designed with an Optimistic Virtual Machine (OVM), Optimistic Account Abstraction Layer (OAAL), Optimized Rollups (ORs), Optimistic Outcomes, and Optimistic Protocols. These technologies combine to create an empowered decentralized finance system that eliminates bottlenecks such as long waiting times and high transaction fees and costs.
The native token for Optimism is OP. The network is helping to usher in a new era for blockchain technology, making a wide range of services accessible to users around the world. This is integral to the future of blockchain, as Optimism solves the scalability issues faced by many other cryptocurrencies including the second largest, Ethereum.
Why buy OP?
OP has the potential to be one of the top digital assets for Web3 investors. This is because it is a highly efficient scalability solution that does not sacrifice decentralization at all. This is unique, as the blockchain trilemma states that distributed computer networks typically need to sacrifice either security, scalability, or decentralization in order to operate.
Optimism is a highly advanced layer-2 scaling solution that has major potential for future returns, making it one of the best long term crypto investments in 2024. The current price of OP is under $3 after recently making a new all-time high. During the next crypto bull market, it is expected that OP enters price discovery, potentially breaching the top 20 tokens by market capitalization.
9. Dogechain (DC)
What is DC?
Dogechain is a Proof-of-Stake blockchain built on Polygon Edge, a framework and SDK for developers to build EVM-compatible sidechains. Dogechain allows developers to mint non fungible tokens, create custom utility, and host dApps that are compatible with DOGE. This was previously impossible on the original Dogecoin blockchain – one of the top cryptocurrencies in Web3.
Dogechain allows users to interact with the DOGE network and port over Dogecoin for these activities. This gives all DOGE holders greater access to the Web3 ecosystem, including a full suite of decentralized finance (DeFi) applications, crypto wallets and much more.
The network moves beyond simple transactions to grant Dogecoin holders access to smart contracts and programmable tokens. To maintain full sovereignty instead of relying on Polygon’s consensus mechanism for shared security, Dogechain uses IBFT, a proof-of-stake consensus mechanism which is both fast and scalable. As long as 2/3rds of nodes agree, the transaction will be executed.
Why buy DC?
Dogechain has vast potential for growth, making it one of the best long term crypto investments right now. It is a recent project that has a medium market capitalization, yet the value proposed by the project could be an important factor behind any future price increase.
DC – the native cryptocurrency for Dogechain – is currently valued at just $0.0015. With under 17 billion tokens currently in circulation, this gives DC massive room for growth. For anyone looking to find a new crypto project to buy into for the long term, Dogechain is a highly promising token that could be a great option.
10. Decentraland (MANA)
What is MANA?
Decentraland (MANA) is a metaverse gaming world where you can purchase virtual plots of land and build custom features through the Decentraland platform. Decentraland combines elements of the user-generated content (UGC) gaming movement with decentralized blockchain technology, allowing users to register and trade their land on Decentraland’s virtual marketplace.
Decentraland uses MANA as its native token - an ERC20 token on the Ethereum blockchain - to facilitate transactions within Decentraland’s ecosystem. The Decentraland platform also allows users to create experiences, apps, and games which they can monetize using non-fungible token technology.
Decentraland was created to offer unprecedented levels of ownership and control over digital worlds. As well as this, users can participate in decentralized governance voting, earn a passive income through MANA staking, and earn cryptocurrency rewards in a range of applications built within the Decentraland metaverse.
Why buy MANA?
Decentraland is an industry-leading metaverse gaming platform that allows anyone to buy and sell virtual plots of land. As the world becomes more and more digitized, metaverse landscapes could play an increasingly important role in people’s day-to-day lives, which is a key reason why many institutional investors have backed the platform.
Not only can users play games, but Decentraland also allows custom world-building and a wide variety of applications to be built. This means that Decentraland could be home to both work and leisure activities over time – a feature that underlies MANA’s immense projected value.
Currently, MANA is worth approximately $0.60, after recent price action brought the token down 90% from its all-time high. The current price level could be a prime entry point for savvy investors, as MANA could turn out to be one of the best long-term crypto investments around right now.
11. The Graph (GRT)
What is GRT?
The Graph (GRT) provides a robust decentralized infrastructure for the entire blockchain space. The technology is designed to allow developers to easily access public data, index it and make it available for use on the Ethereum network.
The Graph makes data queries much faster and more accurate without sacrificing decentralization or security; it also gives developers decentralizing tools, so they can focus on their main dApp development and not worry about individual lookup tasks.
The network incentivizes staking GRT tokens to ensure data accuracy and availability, while stakers can also earn passive income. The enormous potential of The Graph's platform has made it a favorite solution with many enterprises, institutions, and organizations in need of flexible, secure blockchain-ready data storage solutions.
Why buy GRT?
As the leading API indexer for the second largest cryptocurrency, Ethereum, The Graph is extremely valuable for Web3. The platform is expected to continue to grow as it supports an increasing number of open source APIs, offering its support to any blockchain developer looking to find the best solutions for programming smart contracts and dApps.
The price of GRT is currently $0.15. After the bear market, the native token for The Graph could deliver substantial returns during the next crypto bull market, which makes the current entry price one of the best long term crypto investments in 2024.
12. Cardano (ADA)
What is ADA?
Cardano (ADA) is a decentralized public blockchain and cryptocurrency project. Cardano is similar to other blockchains in that it provides users with secure, immutable transactions. However, Cardano also allows for extremely versatile and non-custodial smart contracts to automatically execute transactions, which allows for more development opportunities for smart contracts.
Cardano’s native token, ADA, can be used to transfer value across the network securely and quickly. Cardano was one of the original cryptocurrency protocols to use a proof-of-stake consensus algorithm, which rewards users who provide ADA tokens for the validation process.
All in all, Cardano presents an accessible yet highly robust distributed ledger technology platform that can support the development of decentralized apps. As one of the earliest proof of stake blockchains, Cardano became a top 10 crypto by market capitalization thanks to its innovative, scalable, and more energy efficient protocol.
Why buy ADA?
Cardano is currently preparing to launch an upgrade to the blockchain called Hydra. Hydra will improve Cardano’s transaction throughput so that it can support up to 1 million transactions per second. This will make Cardano one of the best-performing blockchains in Web3.
ADA remains a top 10 cryptocurrency by market capitalization and one of the most recognizable names in the crypto space. The founding team includes one of the original Ethereum founders and many more experienced blockchain developers, which is a key reason why the network is expected to continue its rapid growth over the coming years.
At the current price of $0.35, ADA looks like a great long term crypto investment. While it is one of the most valuable projects by market capitalization on this list, Cardano is a strong bet on the future of blockchain technology as it is an industry-leading innovation.
13. Shiba Inu (SHIB)
What is SHIB?
Shiba Inu (SHIB) is a blockchain that was initially built as a fork of the Ethereum blockchain. It has quickly become one of the hottest digital tokens on the crypto market with its innovative decentralized finance platform and use as a store of value – something unique in the realm of meme coins.
Shiba Inu leverages liquidity protocols to provide a frictionless yield farming experience with secure pools like ShibaSwap. Since Shiba Inu is a fork of Ethereum, it is compatible with Ethereum Virtual Machine (EVM), which means that developers can program smart contracts and launch dApps on the network.
The project is continuing to expand its capabilities to ensure a secure and cohesive blockchain platform for all users. This includes a range of exciting new dApps, including Shibaverse – a decentralized metaverse world that can serve as a virtual meeting place for many blockchain platform users.
Why buy SHIB?
Shiba Inu is launching a layer-2 scaling solution called Shibarium, which will improve the blockchain’s scalability. This can help Shiba Inu to support an increasing number of users over time, which is important when considering its innate smart contract functionality and ability to host dApps.
Most meme coins lack utility, while Shiba Inu can offer its users games, financial services, and NFTs. This is a key reason why Shiba Inu has become one of the most valuable cryptocurrencies in Web3, as it is currently a top 20 token by market cap. For anyone seeking which crypto to buy today for long term growth, Shiba Inu’s innate meme coin utility makes it a great choice.
The current price of SHIB is $0.0000124. It may break out of key resistance levels in the coming months and years and go on to reclaim its previous all-time high of $0.00008, giving it massive return potential. As one of the best long term cryptos to buy now, SHIB represents a good diversification option for any investment portfolio.
14. Enjin Coin (ENJ)
What is ENJ?
Enjin is a leading blockchain-based software development platform focused on driving increased in-game economies, asset tokenization, and digital asset ownership verification. Enjin's ERC-20 token, ENJ, is one of the most widely adopted crypto assets by gamers and game developers alike.
Enjin has created a suite of products which allow gamers to trade virtual items with full confidence and enjoy extra gaming experiences enabled by Enjin's technological advancements. Enjin’s apps provide customizable tools for creating and managing tradeable tokens with innate financial values.
ENJ provides cross-chain interoperability between Enjin's platform and other blockchains like Ethereum, meaning that gamers and game developers are able to enjoy an unprecedented level of flexibility within Enjin’s decentralized ecosystem.
Why buy ENJ?
Enjin has been specially designed to support the growth of the blockchain gaming movement. By locking ENJ tokens in newly-minted digital assets, Enjin Network allows anyone to bring near-instant, low-cost blockchain transactions into custom-built games.
The process of locking ENJ in with other digital assets provides instant liquidity for third party decentralized applications. This means that Enjin can improve the overall user experience for new blockchain games, as players can quickly buy and sell in-game items with low slippage and minimal transaction costs.
The current value of ENJ is less than $0.50, and its market cap is under $1 billion. Since Enjin can play an important role in the future of GameFi, it has the potential to grow significantly from the current price level. This makes it one of the best long term crypto projects to buy right now.
How to choose the best long term crypto for your portfolio
Choosing the best long term investments in the crypto market can be difficult with so many great options in the world of Web3. For those who prefer investing in cryptocurrency instead of fiat currencies, it is widely thought that investors should always do their own research when deciding which crypto to buy for the long term. There are some important considerations to make in this process.
Token utility is integral to a cryptocurrency’s future value, as demand is a direct by-product. This can improve any cryptocurrency’s potential for usership, and impact the upper limits of a project’s market capitalization. As well as this, investors should consider which industry vertical a new crypto project inhabits within Web3 – whether gaming, finance, art, or more niche use cases too.
If a project occupies a fast-growing sector of blockchain technology, such as gaming, and also has a relatively low market capitalization, investors can be confident that long term returns will occur.
What is the best crypto to buy for a long term investment in 2024?
Investors looking for long-term opportunities in the crypto world should consider the unique proposition offered by Bitcoin Dogs.
Its blend of innovation, gaming nostalgia, and investment potential makes it a standout project in 2024 and beyond, potentially heralding the start of a new bull run in the cryptocurrency sector, suggesting a rare opportunity for 1,000x gains this year.
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Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
