10 Best long-term crypto projects to invest in for 2022 have been listed below along with a short review of each.
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Did you know that at the time of writing this article, the largest cryptocurrencies are trading at less than 50% of their all-time highs (ATHs)?
If you would like some digital coins to start clinking in your pockets, then this is the time to start investing. In this post, we will be discussing which are the most profitable and the best long-term crypto investments you can make in 2022.
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Tamadoge – All-round best long-term crypto investment
Tamadoge (TAMA) has sold out all its presale allocations and raised $19 million in a matter of eight weeks. That’s why it’s at the top of this list. And that’s also why it’s one of the best emerging cryptos currently.
Many big best long-term crypto names, and smaller ones as well, have been affected by digital inflation. Yet investors have bought Tamadoge without hesitation and without even consulting the listings on OKX. One whale did a 55.8ETH transaction on Sunday night.
TAMA is linked to the Tamaverse, of which it is the cryptocurrency. This digital universe is a play-to-earn (P2E) platform. Here, if you win, you earn crypto-based rewards. Using TAMA, you can even buy Tamadoge pets, which are dog-like avatars that have their weakness and strengths, and also unique traits. Through smart contract functionality, each of these avatars gives rise to an NFT. And what’s more, you can pit one pet against another in community competitions, the victor taking home TAMA tokens.
There are plans for a reality-based Tamadoge app in 2023 with the same P2E dynamics as the web version. There could even be a Tamadoge arcade game where you could earn physical rewards through participation in various games.
TAMA has been listed on OKX. OKX has both centralized and decentralized exchanges. This will expedite the token’s rise to popularity leading to an increase in the trading volume.
You can follow the official Tamadoge Telegram channel for updates.
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Battle infinity – the best metaverse cryptocurrency
Battle Infinity rewards you with crypto-earning opportunities through six P2E platforms. With the governance token, IBAT, you could even earn multiple rewards. IBAT can be bought on the IBAT Battle Swap which is Battle Infinity’s decentralized exchange (DEX). You can buy and trade tokens with other cryptocurrencies here.
The P2E platforms include IBAT Premier League, a decentralized sports fantasy league. You can buy, sell and receive rewards in these games using IBAT. That’s why it is one of the best metaverse crypto coins.
Another important feature of Battle Infinity is the Battle Arena. Here, characters and avatars are digitally created as NFTs by using ERC 721 smart contract protocols. Also, you can garner interest by staking on the IBAT Battle Stake. In August 2022, IBAT had an awesome crypto presale. In just over 3 weeks, its 90-day presale round was sold out.
The launch price was $0.0015 per token. In mid-August, it rose to $0.11 on PancakeSwap. At the time of writing this, the price per IBAT token is $0.004 on PancakeSwap and LBank. Other exchanges are also featured on its listings for future appearances.
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Lucky Block – Long-term holding NFT crypto
Lucky Block believes in equality and transparency. By participating in the weekly Lucky Block draws, like crypto and NFT draws, you stand a chance to win multiple rewards, ranging from luxury cars to watches. The governance token is named LBLOCK and is of two types.
The first is a BEP-20 protocol token and the second is an ERC-20-based token. The former is a decentralized exchange charging a 12% transaction fee and the latter is a centralized exchange, meaning no transaction fee.
The ERC-20 is present on LBank, MEXC, and Gate.io, and more CEXs will soon list it as well. Currently, the price per LBLOCK token is $0.0007. However, it has been officially announced that this price will soon rise.
Also, a feature will be introduced on October 3 that will allow people having BEP-20 tokens to convert to ERC-20 tokens. One sad news is that CEO Scott Ryder said that from September 30, the currency shall see a 1% burn each month, meaning the supply will go down substantially.
Ethereum – top crypto to HODL of 2022
Ethereum’s (ETH) market capitalization is $213 billion. That makes it awesome crypto for HODLing in 2022 (HODL = Hold On for Dear Life, a term signifying not selling when markets are in the dumps or volatile). It’s an open-sourced network and lets developers list various DApps (Decentralized Applications), NFTs, and protocols.
In November 2021, Ethereum reached an ATH of $4900. In September 2022, however, this price tag is down to $1,740. A 64% price correction. Yet we say that this crypto could be one of the top altcoins currently. The Merge, a large-scale upgrade, is supposedly going to do away with all the scalability problems.
With the upcoming ‘ETH 2.0,’ this one of the best long-term cryptos is expected to reduce transaction costs and energy efficiency problems, making it among the top energy-efficient cryptos. The speed of transactions should also increase.
Polygon – the crypto with long-term potential
MATIC (Polygon) works on Ethereum as a scalability solution and is an open-source, permissionless platform. This is the crypto if you are thinking long-term. The scalability issues are resolved using Optimistic Rollups – Layer 2 protocols.
MATIC is the native crypto and it oversees the on-chain transactions and mediators between parties. The token price started at $0.0035 in 2019 and hit an ATH of $2.92 in 2021. It recently announced a partnership with Starbucks and is one of the best penny cryptocurrencies this year. The current price of a token is $0.99.
Decentraland – a great metaverse coin
Decentraland lets you buy, sell, and trade virtual plots of land, and hence is a virtual real estate platform. Each plot is minted as an NFT through ERC-721 smart contracts. The native cryptocurrency, MANA, an ERC-20 token, must be used to trade these pieces of land. MANA is also the governance token used for interaction and participation in the Decentraland Decentralized Autonomous Organization (DAO).
These MANA tokens can also be used for buying various in-game avatars, wearables, and other such items.
This token saw a rise in popularity in the metaverse circles in 2021 as it rose from $0.08 per token to $3.2 per token in just a year. In numbers, that’s a 3900% increase. However, as of 2022, the price has decreased to $0.8 per token. MANA is the 39th largest digital asset, and its market capitalization is $1.5 billion.
Bitcoin – Biggest cryptocurrency to HODL long-term
How can we ever pass in silence over Bitcoin (BTC)? It is the first-ever cryptocurrency, launched in 2008, and holds 40% of the total cryptocurrency market capitalization, a figure of more than $427 billion.
Bitcoin’s ATH is $70,000 as of 2021. However, in 2022, this price went down due to inflation and price hikes. It reached $22,000 in September 2022 – more than a 50% decrease since January 2022. Many market analysts say that between 2025 and 2030, Bitcoin should again come up to around $65,000.
Keep in mind, however, that BTC has high price volatility risks. Following bull markets, there are regular price corrections. All in all, Bitcoin is still one of the best cryptos for HODLing.
Solana – fastest transaction speeds
Much like Ethereum, Solana (SOL) is an open-sourced blockchain and gives decentralized finance (DeFi) solutions. You can create DApps using smart contracts. But here, you get higher scalability with its proof-of-history (PoH) consensus and proof-of-stake (PoS) consensus.
Solana’s transaction speed is 50,000 TPS (transactions per second) for an average of $0.00025 per transaction. The native token, SOL, went from a mere $1.8 per token in January 2021, to an astounding ATH of $260 in November of that same year. However, it has fallen to $30 as of August 2022. That gives it the volatile crypto rap. However, it is starting to get back up. In September 2022, it sold for $38 per token. The market capitalization is $13.3 billion.
XRP
XRP is an instant cross-border payment settlement system used by a lot of banks and financial institutions. It is the native crypto on the XRP ledger blockchain. It has a transaction speed of 15,000 TPS, and the transaction cost is $0.0002. It has a truly decentralized and low-cost design. If we go into figures, the XRP ledger is 60,000x more energy efficient than any other proof-of-work (PoW) blockchain. It reached an ATH of $3.84 in 2018.
As of 2022, the price of this best long-term crypto goes by $0.35 per token. Price decrease notwithstanding, XRP provides a return on investment (ROI) of 5,965% since its launch.
Dogecoin – best meme coin for long-term growth
Dogecoin (DOGE) has made a name for itself in the meme sector of the crypto industry in the past few years. Elon Musk backed these coins, and so they became famous on social media. Dogecoin is a highly volatile asset, and it undergoes regular price fluctuations in the short term. The ROI, however, has been a whopping 11,448% since its launch in 2013.
The price per token at the beginning of 2021 was $0.005. By May of that year, it had reached an ATH of $0.7. In percentage, it is a 13,900% increase. Currently, the per token price is $0.06, a 91% decrease from its ATH. It’s low priced right now and has a high chance of increasing in the coming years. Now is the best time to buy.
Analyzing long-term crypto investments
Take a good look at the features and use cases of a particular cryptocurrency before investing in it for the long term. Below we have listed a few factors that will help you decide whether to invest or not.
- Using cases as reference
First, you should always look at the use cases of a cryptocurrency in the market. Bitcoin, for example, offered an alternative to centralized finance through peer-to-peer payments anywhere on the planet. Ethereum used proof-of-stake (PoS) and executed smart contracts so that developers could build decentralized protocols.
Battle Infinity’s IBAT tokens allow access to decentralized exchanges, and participation in P2E games, and they can be staked. The more use cases a cryptocurrency has, the more chances that long term, it outperforms the market.
- Growth potential
Shitcoins, like Dogecoin and Shiba Inu are highly volatile because of their limited growth potential. One reason is their inflationary tokenomics. To take a concrete example, Dogecoin now has 132 billion tokens as opposed to the 100 billion coins it had at its launch. But this actually inhibits its growth because there is simply no demand for so many Dogecoins.
On the other end of the spectrum, tokens like Tamadoge (TAMA) are examples of deflationary tokenomics. These guys have a total of 2 billion tokens, and they burn 5% of all the tokens spent on the ecosystem. You can consider investing in such a currency that is currently low in supply but offers an increase in price in the long term.
Whether to invest in long-term cryptos or not
The factors listed below would help you decide whether to hold on to your investment or sell the cryptocurrency.
- Performance in a bear market
2022 proved to be an uncertain year for crypto due to the global market conditions. Altcoins and Bitcoins are compared to decide whether a token is a good investment. Like many big digital assets, Bitcoin also fell by more than 50% in 2022. Yet Bitcoin is going strong. This performance in times of bearishness betrays a solid foundation of a cryptocurrency, one possibly worth investing long-term in.
- Prior all-time highs
You call an investment long-term in cryptocurrencies if you hold it for more than a year. That said, we need to look at how we start these investments as well. To cite an example, if you bought Bitcoin in January 2022, then you would have lost 53% of your money. And if you had invested in BTC in January 2021, then you’d have had an ROI of 350%.
So how do we make sense of this? Well, you could look at the previous ATHs of the token. Maybe you prefer tokens that have been corrected in price and would possibly trade higher in the long term.
Conclusion
An overall analysis of the 10 best long-term crypto investments tells us that Tamadoge (TAMA) is the one you should invest in. You’d get an ecosystem that supports NFT trading and crypto-earning mechanisms. Its presale allocations were gone before you knew it and its scope is towering.
Frequently asked questions
- Is long-term crypto investment worth it?
Long-term investments allow you to bypass the regular price volatility of the market.
- Best crypto for long-term investment?
As mentioned above, our recommendation is TAMA. Ahead of listings, its presale allocations were completely bought and the tradable NFTs, deflationary tokenomics, etc offer huge scope for growth.
- Which cryptocurrencies are recommended for hodling?
Altcoins like Ethereum, MATIC, and XRP are great options. There are other tokens as well, like IBAT, TAMA, and LBLOCK for manifold long-term returns.
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