If you have not heard by now cryptocurrencies are set to take over the world and the web much like the internet first did in the 1990s. The market has seen huge growth in the past years and does not show any signs of slowing down. If you are looking for an article that will help guide you on your future crypto investments, you have come to the right place. In this article, I will discuss the 10 cryptocurrencies that are great picks to invest in for the next ten years. If you do not know a cryptocurrency is a digital asset that is encrypted, decentralized, and can circulate and be exchanged without the need for a central bank, which is a huge game-changer in the fact that it gives back power to the user and individuals, not a centralized bank. This article aims to make life easy for you by breaking down the 10 best cryptocurrencies to invest in for the next ten years.
Decentraland is a virtual reality platform powered by the Ethereum blockchain that allows users to create, explore and trade in the first-ever virtual world owned by its users. In the virtual world, you create unique artwork take part in challenges, and win prizes. You can also own virtual assets which you can later sell. This is a great crypto investment for the next 10 years as it seems most of the world is moving to the digital realm. Much like Facebook changed its name to meta to join the 3d and virtual reality space. Decentraland has been in operation since 2017 and has seen its market value grow every year.
XRP is a cryptocurrency that you should keep an eye on for the next 10 years. XPR is the cryptocurrency used on the XPR Ledger, which is open source and is built to make payments easier. One of the best features of XRP is that you can send payments overseas easily. This is great because the current system makes the process slow and full of fees. If you use the current system, it would normally take one to four days and would be costly. When you use XPR as the currency it is possible to send money overseas in less than five seconds and all the information is open source. XPR has a bright future in the next ten years as the developing world is growing economically places like Africa, South America, and Eastern Europe have bright futures. That is why XPR should see growth in the future as sending payments to oversee will continue to grow.
Enjin is an Ethereum token that’s goal is to “make it easy for individuals, businesses, and brands to use non-fungible-tokens.” NFTs are unique digital assets created on the blockchain that unique. They can be anything from gaming items and digital art to sports collectibles and real-world assets. ENJ is used to back the value placed on the digital assets. Enjin also allows gamers to create assets on the Ethereum blockchain. What makes Enjin have a great future is that it lets gamers and developers create asserts with ease. Enjiins value will continue to grow in the next ten years as the video game market continues to grow and begins to utilize the blockchain more.
4. The Sandbox
Another cryptocurrency to pay attention to in the next ten years is the sandbox. The sandbox is a platform that allows creators to monetize in-game assets and gaming experiences on the blockchain. The sandbox is built on Ethereum and allows players to create a metaverse where players can purchase or rent simulated homes. This has great potential for growth in the future and is decentralized. The Sandbox leverages blockchain technology to enable user-generated content (UGC), and tokenomics.
Cronos is a native token in the Cronos blockchain. Cronos is a decentralized, open source blockchain created by crypto.com. Its main purpose is to help speed up the adoption of cryptocurrencies and give financial control back to individuals. So, your money won’t have to be tied down to the central bank or country’s currency. It also helps protect your data and identity. The CRO blockchain is what powers crypto.com and its mobile payment app.
Basic Attention Token’s goal is to solve the problem of online advertising, giving more power to the consumers. The BAT token powers a new blockchain based on the digital advertising platform. The platform rewards users for their attention while providing advertisers with a great return on their investment. BAT uses the brave browser which is a decentralized search engine. On the brave platforms, you can watch privacy-preserving advertisements and receive BAT rewards for doing so. BAT has huge potential for the future as it allows advertisers to deliver better-targeted ads and allows users to gain rewards for watching.
Polkadot is another cryptocurrency to keep an eye out for in the future. Polkadot is an open-source shared multichain protocol that connects and secures a network of specialized blockchains. The advantage of Polkadot is that it allows multiple blockchains to transfer any data or assets between each other. This gives Polkadot huge potential for growth in the future. Polkadot is set to be one of the foundations for the web3 which is the decentralized internet that is set to take over the web we know today.
Algorand is another cryptocurrency that seems to have a lot of promise for the future. Algorand is a decentralized blockchain based on a network built to support multiple applications in varying ranges. The system is secure, scalable, and most importantly decentralized. Algos’ main chain has been live since 2019 and handles millions of transactions daily. The Algo chain also supports NFTs and has great potential for growth in the next ten years.
Perhaps one of the best cryptocurrencies to invest in is Binance. Binance was launched in July 2017 and is the world’s biggest cryptocurrency exchange in the world. They have the most daily trading volume. Binance is as sure as you can get when buying a cryptocurrency. Binance is not just only a cryptocurrency exchange they recently launched a whole ecosystem for its users. Their new network will have projects like Binance Chain, Binance Smart Chain, and more.
Ethereum is the second biggest cryptocurrency in the world. They are a decentralized open source blockchain system that features its own cryptocurrency, Ether. The one huge advantage that Ethereum currently has over the competition is that it is the world’s largest home for NFTs. ETH is a large platform and its blockchain supports many other cryptocurrencies. At this point, ether has a huge ecosystem built on it. Ethereum is also one of the most expensive tokens so expect to spend money to own a whole Ether.
Top 3 Best Crypto Exchanges
1. Binance US
Binance US is a cryptocurrency exchange for U.S. residents that allows users to buy, sell, and trade supported cryptocurrency. Binance US also offers “staking,” or lending of several cryptocurrencies, paying users interest for lending their crypto assets. They have a wide list of cryptos available and super low trading fees. You can get started on Binance US here.
- Great looking interface on desktop & mobile
- Beginner friendly
- Low trading fees
- Fewer crypto-to-crypto currency pairs than global Binance site
Uphold is considered to be one of the safest ways to buy cryptocurrency by many digital asset experts. Since launching in 2014, Uphold has maintained an exemplary reputation for security among its customers. The site is unique in the sheer amount of assets it offers. You can get started on Uphold here.
- Available in more than 180 different countries
- Transactions sent between Uphold users are completely free
- Huge list of cryptos available
- Fees are unclear in certain buy and sell spreads
If you’re looking for an affordable, all-in-one cryptocurrency platform, Crypto.com might be right for you. The more Cronos (CRO) you’re able to stake, the more benefits you’ll get from this exchange. They also have a huge list of cryptos available. You can get started on Crypto.com here.
- Wide list of crypto available
- Low trading fees
- Staking available
- Lack of educational resources
Cryptocurrencies in the next 10 years have the potential to grow into multiple billion-dollar industries in a variety of fields. The market does not seem to be slowing down one bit and seems to be what will power Web3. Hopefully, this article has helped you figure out what cryptocurrencies to invest in for the future. As the market will continue to grow and grow this decade.