News release by Finance News
New York, NY | February 07, 2023 10:41 AM Eastern Standard Time
As an emerging asset class, cryptocurrencies still possess volatile characteristics. One effective way to tackle this is to invest in cryptocurrencies with a long term outlook.
This eliminates the need for investors to watch over every market movement while allowing them to navigate short-term volatility.
In this guide, we have put together a list of the best long term crypto investments to consider right now - based on their utility, unique value propositions, and growth potential.
10 Best Crypto to Invest in for Long Term Growth in 2023
Here are the best cryptocurrencies that are widely viewed as strong long-term investments:
Meta Masters Guild - Best Cryptocurrency To Invest In For The Long Term in 2023
Fight Out - Top Trending Cryptocurrency in the Move-to-Earn Niche
C+Charge - Innovative Crypto Project Building an Innovative EV Charging App
RobotEra - Planet-Rebuilding Metaverse Game With P2E Mechanics
Calvaria - Strategy-Based Game Using 3D NFT Cards
Lucky Block - Fast-Growing Crypto Casino and Sportsbook
Tamadoge - Meme-Inspired Metaverse Gaming Arcade
Binance Coin - Popular Crypto with Wide Range of Utilities on the BSC
Polkadot - Multi-Chain Platform Enabling Blockchain Interoperability
Cardano - PoS Blockchain Platform With High Developer Activity
A Closer Look at the Best Long Term Cryptocurrencies
The digital asset market can be influenced by a variety of factors, and as such, it is challenging to determine the best crypto for long term growth.
Nevertheless, investors can spot the most promising crypto projects based on their objectives and potential to cater to the evolving demands of the market.
Below, we have detailed the key features of some of the best future crypto coins to buy in 2023.
1. Meta Masters Guild (MEMAG) - Overall Best Cryptocurrency To Invest In For The Long Term
Meta Masters Guild is developing an ecosystem that will feature a wide variety of games from multiple genres. What sets apart Meta Masters Guild from other gaming ecosystems is that this platform will be completely mobile-focused. In other words, Meta Masters Guild aims to make web3 and metaverse gaming more accessible to users.
Rather, players will be rewarded with GEM tokens whenever they complete challenges within their chosen MEMAG game. On top of this, players will also own their in-game assets. Crucially, there is no need for players to purchase any NFTs upfront in order to participate in these games.
While GEM tokens serve as the main reward currency of the Meta Masters Guild platform, MEMAG tokens function as the native utility asset of this ecosystem. Investors can stake MEMAG tokens on Meta Masters Guild and earn passive income.
It is also possible to use MEMAG tokens to buy in-game NFTs to enhance gameplay. This exciting new gaming project has already generated more than $3 million in presale funding. As of writing, the presale is in the fifth stage - with two more phases to follow. Investors who buy MEMAG now can purchase this token at a price of $0.019.
Meta Masters Guild has created 1 billion MEMAG tokens and has allocated 35% to the presale. The MEMAG guild is set to launch its first game by Q3, 2023.
Visit Memag Presale
2. Fight Out - Top Trending Cryptocurrency in the Move-to-Earn Niche
Fight Out is a new crypto project that seeks to take the move-to-earn model to the next level. This project is building an ecosystem that is made of three key pillars - an on-demand fitness app, a metaverse competition arena, and traditional gyms. This way, Fight Out aims to bridge the real world of fitness with the metaverse.
The Fight Out app is the main feature of this ecosystem. The app will showcase dozens of workout variations, offering users access to on-demand workouts and live classes designed by fitness experts. Moreover, users will be at liberty to customize their training regimen based on their priorities and goals.
As users complete workout programs using the Fight Out app, they will be rewarded with REPS tokens. REPS tokens can be redeemed to purchase Fight Out merchandise or to pay for one-on-one coaching sessions via the app. Additionally, users will also be able to mint an NFT avatar when they join Fight Out.
This avatar will reflect the physical traits of the user, and its fitness status will be updated based on the individual's progress. With this avatar, users will be able to participate in competitions in the Fight Out metaverse.
On top of these features, Fight Out also plans to launch 20 physical gyms around the time of its app launch. These gyms will function as the community hub for Fight Out users. There will also be live classes and other facilities provided at each Fight Out location.
The main cryptocurrency of Fight Out is FGHT, an ERC-20 token. FGHT tokens can be staked to pay for a Fight Out subscription - which will provide access to both the app as well as the aforementioned gyms. Moreover, those who pay with FGHT tokens are also eligible for a 25% discount.
Fight Out is hosting the presale of its FGHT token as of writing. The platform is selling FGHT for just $0.01998 per token and has already raised close to $4 million. By the time FGHT tokens are listed on crypto exchanges, the price will go up to $0.033 - which represents a 66% increase.
Visit Fight Out Presale
3. C+Charge - Environment-Focused Crypto Project Building an Innovative EV Charging App
C+Charge has come up with a unique application for blockchain technology. This project is building an app that will help resolve some of the critical problems of existing EV charging systems. First, this app will bring transparency to the EV charging sector by enabling payments via blockchain technology.
The C+Charge app works hand-in-hand with the project's native token CCHG. With the app, EV owners will be able to make payments at charging stations using CCHG tokens. Second, the app will reward EV owners with carbon credits based on their usage.
These carbon credits will be offered in the form of digital tokens. C+Charge has partnered with Flow Carbon to provide its users with tokenized carbon credits, named GNT. The C+Charge app will be equipped with a digital wallet that supports both CCHG as well as GNT tokens.
By offering GNT tokens as rewards, C+Charge will democratize the carbon credits space. This is because, according to the current landscape of the EV industry, carbon credits are reserved for manufacturers and charging service providers. With this initiative, C+Charge will be able to make carbon credits more accessible for the average citizen.
In addition to allowing and managing payments, the C+Charge app will also come with a geo tracker, which will allow drivers to locate the nearest charging station. The app will also display waiting times and will even facilitate data transmission for the diagnosis of charging system problems.
C+Charge is looking to fund the development of its app by selling its native CCHG tokens. The project has successfully raised more than $700,000 so far. As of writing, the presale is still in stage one, which offers investors a rare opportunity to buy CCHG tokens at a low entry price of just $0.013.
With real-world use cases, CCHG is ideally positioned to become one of the best long term crypto investments for 2023.
Visit C+Charge Presale
4. RobotEra - Planet-Rebuilding Metaverse Game With P2E Mechanics
In simple terms, RobotEra is a crypto gaming project that allows users to create their own virtual world without requiring any coding skills. The project draws inspiration from the likes of Decentraland and The Sandbox. However, in RobotEra, the immersive metaverse is built around the theme of futuristic robots.
In fact, users will be entering the metaverse as virtual robot avatars and joining other participants in building a new and unique digital world. Users can invest in virtual plots of land in the RobotEra metaverse, mine resources, develop real estate, and monetize assets. RobotEra also allows users to create companion robots that will assist them in gameplay.
In RobotEra, players will be able to take complete ownership of all their virtual assets. Players are also offered complete autonomy to create any structure they want on their virtual land - such as concert halls, houses, museums, nightclubs, and more - to name just a few.
RobotEra will also authorize players to sell advertisem*nt space or sell tokenized tickets for events. TARO, the native token of RobotEra, offers a variety of benefits within the ecosystem. TARO tokens can be used to buy and sell virtual lands and other in-game NFTs in RobotEra.
Additionally, users can also stake their TARO tokens in return for attractive APYs. With the demand for metaverse virtual lands surging, it is evident why many crypto analysts consider RobotEra as the best long term crypto investment right now.
Investors can buy TARO tokens via RobotEra's ongoing presale, in exchange for ETH or USDT.
Visit RobotEra Presale
5. Calvaria - Strategy-Based Game Using 3D NFT Cards
Calvaria is set to be one of the most exciting play-to-earn crypto games out there. It combines the strategic fun of a battle card games with the added benefit of earning crypto rewards. In Calvaria, the gameplay process requires players to assemble 3D NFT battle cards featuring different characters.
Players can then battle one-on-one against others by tactically deploying their cards. Winning battles earns players eRIA tokens, which can be used in the Calvaria marketplace to be swapped for more powerful cards. However, the main in-game cryptocurrency of Calvaria is RIA.
Investors will need to buy RIA in order to purchase the initial set of cards and start playing. With that being said, Calvaria is also developing a free-to-play mode for its game. In this version, new players will be gifted with a starter deck at no cost.
As they progress in the game, the free version will show players how much RIA token they would have earned in the P2E model. According to Calvaria, this move is designed to entice gamers who are new to crypto to experience the advantages of play-to-earn gaming.
After launching in late 2022, Calvaria went on to have a successful presale that ended in January 2023. The project raised more than $3 million and sold 150 million RIA tokens. Investors who missed out on the presale will be able to buy RAI tokens in February through leading crypto exchanges, such as BKex.
Visit Calvaria
6. Lucky Block - Fast-Growing Crypto Casino and Sportsbook
Since its launch in November 2022, Lucky Block casino has quickly become a popular destination for online gambling and sports betting enthusiasts. The casino offers an immersive gaming experience, designed to combine the convenience and security of crypto payments.
On Lucky Block, players can enjoy a wide range of casino games - such as slot machines, crash, mines, video poker, blackjack, and more. On top of this, players will also be able to wager on domestic and international sports events and tournaments.
New users on Lucky Block can also take advantage of generous bonuses, including cashbacks and giveaways. LBLOCK is the main transactional token of the Lucky Block ecosystem. Moreover, Lucky Block is also in the works to start accepting LBLOCK tokens as payment for its online gambling services.
Lucky Block is well poised to capitalize on the increasing demand for crypto gambling. In other words, LBLOCK holders will be able to benefit from the growth of Lucky Block's online gambling framework. As such, LBLOCK could be the best long term crypto investment for those who believe in the future of web3 gambling.
Visit Lucky Block
7. Tamadoge - Meme-Inspired Metaverse Gaming Arcade
Tamadoge is a crypto gaming project that held one of the most successful presales of 2022. After raising an impressive $19 million in presale funding, this cryptocurrency became one of the top-performing meme tokens of the year.
At its core, Tamadoge is a play-to-earn platform in which users take care of virtual pets in the Tamaverse and then participate in tournaments for token rewards. These virtual pets are backed by NFTs - each with its own unique set of features.
Meaning, players can also potentially collect Tamadoge NFTs and trade them via crypto marketplaces. Tamadoge will also feature a leaderboard, and top players will be rewarded with TAMA tokens at the end of every month.
TAMA tokens are the main in-game currency of Tamadoge. TAMA tokens are already trading on popular exchanges, including Uniswap, OKX, and Gate.io. Tamadoge has released its first game, Super Doge, which has since created a buzz in the crypto world.
Since the launch of Super Doge in January 2023, the price of TAMA tokens has increased by 15%. The platform has also announced four more games for its arcade - with more to come in the future.
Visit Tamadoge
8. Binance Coin - Cryptocurrency Issued by the Binance Exchange
Binance Coin, otherwise known as BNB, is the native cryptocurrency of the Binance exchange. After launching in 2017, Binance has continued to expand its ecosystem, launching new products and services.
Binance Coin has been integrated as a means of payment in some of these offerings, increasing its utility. For instance, BNB can be used to pay for trading fees on the Binance platform. Additionally, holding Binance Coin gives users a discount on these fees.
Binance Coin is also widely accepted as a payment method, and can be traded on most crypto exchanges. As the Binance ecosystem continues to grow, the demand for Binance Coin may increase, leading to potential price appreciation.
Given the high reputation of Binance, many industry experts believe that BNB is one of the best crypto for long term capital gains to buy right now. As of writing, BNB tokens are priced at around $330 each.
8. Polkadot - Multi-Chain Platform Enabling Blockchain Interoperability
Polkadot can be used to connect different networks and blockchains, enabling the transfer of assets and data between them. This way, it aims to provide a secure, reliable, and interoperable platform for cross-chain transactions and communication.
Furthermore, Polkadot's architecture facilitates high scalability and handles a large number of transactions. In fact, the Polkadot network can process more than a thousand transactions per second.
Additionally, Polkadot also has a foundation designed to reward those who hold DOT, its native token. For instance, DOT holders have governance rights over the entire platform, including an option to vote on network fees, and upgrades. Investors can also stake their DOT tokens to set up a stream of passive income.
Polkadot was launched in 2020 and this cryptocurrency hit an all-time-high price of around $55 in 2021 - translating to gains of nearly 1,800%. With its interoperability solution, many market experts believe that Polkadot is well-positioned for long-term growth in the crypto market.
10. Cardano - PoS Blockchain Platform With High Developer Activity
Cardano is an ambitious blockchain project that comes with a focus on scalability and sustainability. It also supports smart contracts functionality and as thus, developers can use Cardano to build decentralized applications.
In fact, in 2022, Cardano was one of the top blockchain networks in terms of developer activity. Additionally, Cardano has also launched its own stablecoin, called the Djed - which could help boost the network's ability to become an important player in the world of DeFi protocols.
However, perhaps, the most unique aspect about Cardano is that it relies on peer-reviewed research. According to Cardano, the network can offer enterprise level solutions, and the project is working towards setting up real-world applications. Since its launch in 2017, Cardano's native token ADA has generated a return of over 1,400%.
How To Find The Best Long Term Cryptocurrency
Investors that are confused about which crypto to buy today for long term gains can consider the following factors:
Objectives and Potential of the Project
To determine the best long term crypto investment, it is important to assess the key objectives of the project and how it solves existing problems.
For instance, some of the best projects we discuss today have clear objectives and a roadmap on how they plan to achieve their goals.
Meta Masters Guild is looking to revolutionize the traditional gaming industry by developing mobile-oriented web3 games.
Similarly, Fight Out is building a move-to-earn ecosystem that integrates real-world gyms alongside the metaverse.
C+Charge has an innovative app that will reward EV owners with carbon credits.
Clearly, these projects have something unique to offer to their target market and plenty of room for growth.
Utility of the Token
Another essential factor to consider when searching for best long-term cryptocurrencies is the utility of the chosen token.
To offer some context, there are over 20,000 cryptocurrencies in today's market and the majority of these come with no utility.
On the contrary, all of the 10 long term crypto investments that we reviewed in this guide have real-world use cases.
For example, FGHT token, which powers the Fight Out ecosystem, is required when paying for subscription fees. Without FGHT, users cannot gain access to the move-to-earn app and subsequently claim rewards.
Therefore, when selecting a crypto token, it is crucial to determine if it has real-world utility, as this greatly increases its chances of remaining in demand and its value rising consistently.
Track Performance
Investors can also assess the market performance of a cryptocurrency to get an idea of its long-term growth potential. Some of the projects we have included here are still in their presale stages.
Nevertheless, these projects have still managed to gain the attention of investors and have raised millions of dollars in funding already.
Well-established projects, such as Polkadot, Cardano, and Binance Coin, have performed well in the market over the prior few years.
However, bear in mind that the historical price action cannot always offer accurate long term cryptocurrency predictions - therefore, investors should proceed with caution.
Conclusion
After researching the market for the best long term cryptocurrencies, we identified 10 notable projects for investors to consider right now. To minimize long-term risk, it is sensible for investors to diversify across multiple crypto assets.
Based on our market assessment, the best cryptocurrency for long term investment is one that has a unique utility and a high upside potential.
MEMAG is an exciting project that fits this criterion.
MEMAG is a mobile-focused web3 gaming guild that rewards players for their time and effort. This gaming ecosystem will feature a wide range of titles and allow players to own their in-game assets.
Visit Meta Masters Guild to buy MEMAG tokens during the presale at the best price possible.
Visit Memag Presale
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Finance News
Alex Brown
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