The crypto market has proven to be a space of convenience and profit if you are looking for heavy returns on your investment in the longer run. It could be difficult to clock which investment is perfect for your portfolio. Regardless of how old or new the token is, it is important to conduct well-rounded research before investing.
These are a few crypto tokens that are predicted to reap brilliant returns on investment.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a brand new cryptocurrency but its distinct features are already creating a buzz in the market. Its a layer-3 switching protocol that connects fintech investors and tech innovators while reducing communication friction.
According to their well-crafted whitepaper, the major goal for LOG developers is to bridge the gap between investors and innovators to accelerate the fintech industrys collective growth. Another brilliant feature offered is that the holders of LOG tokens can trade their cryptocurrencies for NFTs. Hence, Logarithmic Finance (LOG) is on its way to establishing a financial ecosystem that includes artists, technologists, and investing enthusiasts.
LOG is also building a multi-chain cross-chain system that will allow investors to swap funds across a range of decentralised blockchain networks, including Binance Smart Chain (BNB), Ethereum (ETH), Solana (SOL), and others. LOG is currently in its presale phase, which means that now is an excellent time to acquire your LOG investments.
Ethereum (ETH)
Ethereum (ETH) is one of the most well-established tokens in the crypto market. Ever since its release in July 2015, ETH has pretty much built the narrative around the concept of cryptocurrency. Ethereum is a globally accessible account with Ether as its native cryptocurrency. Ether (ETH), the second-largest cryptocurrency by market value, is a decentralised open-source blockchain technology with its native coinage.
Ethereum isnt new to the market, but its early stages were absolutely remarkable, demonstrating the financial benefit of participating in crypto presales early. During the Initial Token Offering (ICO), the price of an Ethereum coin was $0.311, and over 60 million ETH were traded. Hence, ETH has proven its validity since 2014 which makes it a safe investment option.
For the crypto beginners who are testing the waters, ETH could prove to be an ideal investment given its time-proven establishment in the cryptoverse.
Cardano (ADA)
With a consistent increase in its value, Cardano is currently valued at $0.94 and is predicted to touch the round value of $1 very soon. Having been released in 2017, Cardano went for a major upgrade in September 2021. This upgrade has enhanced the growth of ADA and as of late, 400 new projects are being built on the Cardano ecosystem increasing the total number of projects to roughly 900. The network now includes projects such as DeFi lending, new wallets and NFT collections. ADA is growing stronger which will strengthen its value and offer secure returns to the investors.
Cardano (ADA) has an average annual growth rate of 423% and is predicted to hit a $1 trillion market cap by the year 2024. The stats speak for themselves and after proper research, one could entrust Cardano (ADA) as a long-term investment plan.
Leave a Reply