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3 coins to keep for long profits!
The realm of cryptocurrencies, 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 mislead those who are in a hurry.
The cryptocurrency realm is famous for its immediate profits. The sentence contains almost no truth. The crypto vertical, like its contemporaries, is always striving to generate long profits, a phenomenon in which an investor’s profits increase over time.
Here are three suggestions that can help you explore and accumulate long-term profits in the world of cryptocurrencies.
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Top Cryptocurrencies to Stack for Long Profits
Cryptocurrency #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 contemporaries in the space to regain final support. According to CoinMarketCap, the token has grown by almost 106152624.53% since its launch in 2008, making it a suitable coin for accumulating long-term profits.
According to CoinCodex, BTC is expected to increase by 75%, trading at $114,000 by the end of 2024.
“Bitcoin can trade in the range of $66,377 and $114,907. If it reaches the upper target price, BTC could rise 75.07% and reach $114,907.”
Cryptocurrency #2 – Ethereum
The second largest cryptocurrency by market cap, Ethereum or ETH, has also shown incredible price traction since its inception in 2015. Since then, the token has gained almost 121,436.13% in the process.
The token is projected to soon spark a wave of new activity as ETH ETF approvals uplift the ETH community. Ethereum is an ideal currency for stacking, whose value can grow profusely over time.
According to CoinCodex, Ethereum could rise by 91%, making it an attractive choice to mine with the intention of accumulating long profits.
“Ethereum can trade in the range between $3,429.12 and $6,609.88. If it reaches the upper price target, ETH could rise 91.80% to reach $6,609.88.”
Cryptocurrency #3 – Solana
Solana has been riding the current crypto wave with complete grace as the token continues to change value and spread profits forever. The rise of the token meme coin craze has performed well for the SOL ecosystem, injecting new volume for the system to leverage and thrive. SOL launched in 2020 and has since grown a remarkable 16,482.08%.
The token’s positive price trajectory makes it a suitable cryptocurrency to be exploited in the long term
According to CoinCodex, SOL could increase by almost 141% by the end of 2024.
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“Solana can be traded in the range between US$131.13 and US$332.14. If it reaches the upper target price, SOL could rise 141.15% to reach $332.14.”