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3 Coins to Keep for Long-Term Profits!
The cryptocurrency realm, like any other financial space, values the consistency and dedication offered by its investors. The kingdom rewards those who are patient enough for the long haul and can distract those in a hurry.
The cryptocurrency realm is known for its short-term profits. The sentence contains almost no truth. The cryptocurrency vertical market, like its contemporaries, is always seeking long-term profits, a phenomenon where an investor’s profits increase over time.
Here are three tips that could help you explore and accumulate long-term profits in the cryptocurrency realm.
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Best Crypto Coins to Accumulate for Long-Term Profits
Cryptocurrency no. 1: Bitcoin
Bitcoin’s price pace has been synonymous with the phrase “long profits.” Since its launch in 2008, Bitcoin has grown profusely, outperforming many competitors in the space and regaining maximum support. According to CoinMarketCap, the token has grown nearly 106152624.53% since its launch in 2008, making it a suitable coin to accumulate for long-term profits.
According to CoinCodex, BTC is expected to rise 75% to reach $114,000 by the end of 2024.
“Bitcoin could trading within a range of $66,377 and $114,907. If it reaches the upper price target, BTC could rise by 75.07% and reach $114,907.”
Cryptocurrency no. 2: Ethereum
The second largest cryptocurrency by market cap, Ethereum or ETH, has also shown incredible price traction since its launch in 2015. The token has since gained nearly 121436.13%.
The token is expected to invite a wave of new activity soon as the ETH ETF approvals have energized the ETH community to a higher level. Ethereum is an ideal coin to stack, the value of which can grow copiously as time passes.
According to CoinCodex, Ethereum could rise by 91%, making it an interesting choice to explore with the intent of accumulating long-term profits.
“Ethereum can trade in a range between $3,429.12 and $6,609.88. If it reaches the upper price target, ETH could surge 91.80% and reach $6,609.88.”
Cryptocurrency no. 3- Solana
Solana has ridden the current cryptocurrency wave with absolute grace as the token continues to change value and spread profits forever. The token’s wave of meme coin mania has been good for the SOL ecosystem, injecting new volume for the system to bask in and thrive. SOL was launched in 2020 and has since grown by a remarkable 16482.08%
The token’s positive price trajectory makes it a suitable crypto coin to explore in the long term
According to CoinCodex, SOL could rise nearly 141% by the end of 2024.
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“Solana can be traded in a range between $131.13 and $332.14. If it hits the upper price target, SOL could rise 141.15% to $332.14.”