Cryptocurrencies have made quite an impression on the finance world. The asset was once shunned by finance experts and called a scam. Today, major financial institutions are opening their doors to the emerging asset class. BlackRock, the largest asset manager in the world, made headlines when it announced a spot Bitcoin ETF for its clients. The move showed the world was ready to accept crypto as a legitimate asset class.
The cryptocurrency market has faced its fair share of ups and downs. Despite the volatility, people who have held long-term have made a lot of money. Let’s look at three coins that you could invest for the long term.
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Top 3 Cryptocurrencies For The Long-Term
1. Bitcoin (BTC)
Source: Watcher Guru
Bitcoin (BTC) is the original cryptocurrency. BTC is also the best-performing asset of the last decade. BTC has hit multiple all-time highs in 2024, and many anticipate its price to continue rising in 2025.
The asset also has a limited supply, making it a deflationary asset. Many believe BTC’s price will eventually touch $1 million.
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2. Solana (SOL)
Source: Watcher Guru
SOL has been among the best-performing cryptocurrencies of the last two years. The asset’s price tanked in 2022 after the collapse of FTX. SOL’s price fell below $10 by late 2022. Over the last two years, SOL has made an incredible recovery. The asset hit a new all-time high a few weeks ago.
The SOL network has also experienced incredible growth. SOL is one cryptocurrency that many expect to hit very high figures in the future.
3. Shiba Inu (SHIB)
Source: Watcher Guru
SHIB is one of the most popular cryptocurrencies in the market. The asset has turned several early investors into multi-millionaires.
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SHIB’s incredible fan following and loyal community make it a solid cryptocurrency to hold for the long term.
