After the losses of the past few months, the crypto market has seen its ups and downs in recent weeks. According to analysts, after the bear market, several bull markets are possible in the next few years, during which the prices of cryptocurrencies will increase drastically. However, which cryptocurrency should you buy before 2030? Crypto analysts Rudy Fares and Michael Byrne share Bitcoin and 4 altcoin projects that can be bought on a long-term basis. We have prepared the analysts’ reviews for our readers.
Leading cryptocurrency: Bitcoin (BTC)
When it comes to a cryptocurrency that you can buy now and that will gain many folds by 2030, Bitcoin is of course at the forefront of the discussion. Because Bitcoin is the first and best known cryptocurrency. It also remains at the top of cryptocurrencies by a wide margin in terms of market cap.
The special thing about Bitcoin is its structure. Because Bitcoin Halving makes it increasingly difficult and unprofitable to mine new Bitcoins over time. Also, the maximum number of Bitcoins is limited to 21 million. This makes Bitcoin deflationary in its structure. A sustained price increase until 2030 is probably the most likely for Bitcoin.
Leading altcoin: Ethereum (ETH)
Another cryptocurrency with long-term potential is Ethereum. cryptocoin.comAs you’ve followed on , the network performed the latest Ethereum Merge. This enabled the consensus mechanism to move from Proof-of-Work (PoW) to Proof-of-Sakeke (PoS). As a result, Ethereum will run more efficiently, sustainably and cost-effectively from now on.
The Ethereum ecosystem is already huge. However, it will likely continue to explode in the coming years. Ethereum’s potential is huge because of its smart contracts. In recent years, the distance to Bitcoin has also gradually decreased. Meanwhile, it is possible that by 2030 the leading altcoin Ethereum will already be the leading cryptocurrency.
Ethereum rival altcoin: Cardano (ADA)
Cardano has a lot of potential. Moreover, it is a cryptocurrency that you can buy at cheap prices. Therefore, Cardano is a good choice. Cardano has further developed Blockchain according to scientific standards. Therefore, he regularly perfects and matures technically.
The potential of this methodology is extremely high. This is why Cardano has often been called the “Ethereum killer” in the past. With Basho in its next development phase, it will greatly increase the scalability of Blockchain in the future. After this step, it is possible for the ADA price to explode.
Another Ethereum competitor: Solana (LEFT)
Solana price exploded in the second half of 2021. Because Solana Blockchain has proven itself as one of the fastest blockchains on the market. Thanks to the Proof-of-History (PoH) consensus mechanism, Solana Blockchain is theoretically able to reach transaction speeds of up to 50,000 transactions per second.
So far, reliability and some vulnerabilities have caused problems for the network in recent months. Still, Solana managed to stay among the top 10 cryptocurrencies by market cap. Solana also has a scenario that will allow the cryptocurrency to peak in 2030.
Latest altcoin: Ravencoin (RVN)
Ravencoin (RVN) has a market cap of $530 million. It also ranks 71st in terms of market cap. That’s why it’s much smaller and less built-in than Bitcoin or Ethereum. Therefore, investing in Ravencoin carries more risk. However, it also has an important advantage. It’s also low price. Because it is possible to buy Ravencoin for about $0.06. At the same time, Ravencoin has gained more than 50% in the last 30 days alone.
Ravencoin’s rise in the summer is due to the fact that it is a PoW crypto that can be mined with GPU (graphics processing unit) mining equipment. All GPUs mining Ethereum needed a place to go after Ethereum Merge. Ravencoin has become one of the most attractive places. In this process, Ravencoin’s hash rate has increased. This shows that miners have already switched to Ravencoin.
All is well and good as a short-term catalyst. But that’s why Ravencoin is so much more than a short-term trade. The developers created Ravencoin with the aim of allowing individuals to create their own tokens. It is possible for users to burn 500 Ravencoins and create their own token that represents a real-world asset. An example of how this can be beneficial is real estate tokenization. A property owner can use Ravencoin to tokenize an investment property and split it into 100 parts. This provides real estate investors with much more liquidity than they have today. It also reduces barriers to entry for real estate investment.
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