The crypto bull market has officially begun, and traders are searching for the best cryptocurrencies to invest in while looking for cryptocurrencies to buy for long-term holding.

The market has been on the rise since October 2023 following initial rumors that the SEC might list a Bitcoin Spot ETF. This speculation became reality in January 2024 when the SEC approved not one, but 12 Bitcoin Spot ETFs for trading in the US financial markets.

With the influx of funds from institutional investors and the upcoming Bitcoin block halving, experts believe a supply shock could hit the market and lead to significant price increases throughout 2024.

However, the best cryptocurrencies to invest in are: Of course, we also covered the top 50 leading companies in the market capitalization ranking. We have also included some emerging altcoins that can give you big profits with less investment.

Which cryptocurrencies should you buy today for long-term profits?

The following cryptocurrencies are powerful giants of the industry and should be an essential part of your portfolio.

Dogecoin20

Dogecoin20 is the ultimate upgrade to Dogecoin and one of the hottest emerging projects in the dog-based meme coin space. It stands out in the Doge-related meme coin space by offering holders the opportunity to earn passive income through staking.

The staking ecosystem allows DOGE $20 holders to stake their tokens and earn rewards, with the team setting aside her 15% of the total supply as rewards to staking participants over the next two years To do. The high APY incentivizes investors to hold $20 DOGE for a long time, reducing the selling pressure in the market at launch.

Dogecoin20 also improves Dogecoin’s foundation by introducing the largest token supply, using an environmentally friendly proof-of-stake algorithm, and being compatible with DeFi.

This project is in early pre-sales stage and provides a perfect entry opportunity.

Smog Token

Smog Token ($SMOG) is one of Solana’s hottest altcoins, newly launched in 2024. This cryptocurrency became an instant star after it was launched on Jupiter DEX in early February and rose 1,400% in just a few hours.

The project offers a unique benefit in that all holders can accumulate airdrop points to qualify for free token distribution in the so-called “Biggest Airdrop in History”.

The team has reserved a whopping 30% of his total inventory for airdrops, and owners continue to stuff their pockets as they eagerly await the release date.

Airdrop hunters can also earn more Airdrop points by participating in the project’s Zealy campaign. Users must complete specific tasks related to the project, such as: B. Follow Smog on Twitter and visit her website for projects. He has completed a whopping 1,000,000 quests in this campaign, showing great promise behind the airdrop.

The Smog token is now multi-chain enabled by launching on Ethereum via a wormhole, allowing Ethereum holders to invest in the token.

Overall, with over 65,000 members on social media platforms and over 29,000 token holders, Smog Token is becoming the most promising cryptocurrency to invest in today for long-term returns . Tokens can be purchased at a discounted rate on the project website using $ETH, $USDT, or credit/debit cards.

Filecoin

Filecoin is another top altcoin worth investing in for long-term profits. Peer-to-peer distributed storage infrastructures are gaining attention due to their association with AI.

Trends in the AI ​​sector are causing investors to realize that these companies need a place to store their vast data sets. Filecoin is the best option due to its permissionless nature and competitive cost.

Filecoin builds a network of storage providers and rents out their free hard drive space as a service, allowing other users to store their data. Storage providers receive fees on their FIL, creating a dynamic ecosystem for long-term growth.

Green Bitcoin

Another newly launched cryptocurrency that is perfect for long-term investment is Green Bitcoin ($GBTC). This is a new predictive revenue ecosystem that offers users big rewards through a gamified green staking mechanism. .

Green Bitcoin has launched a first-of-its-kind prediction market where users can bet their $GBTC tokens to predict the price of Bitcoin. If your prediction is correct, you receive a reward from the pool in line with your investment level. The team will set aside 27% of the total supply as incentive stakes, providing rewards for the next two years.

Experts believe that gamified green staking could cause a supply shock in $GBTC, leading to price increases. You must lock your $GBTC tokens to participate in price predictions, and locked tokens cannot be purchased on the open market. As a result, new entrants to $GBTC may find it difficult to find tokens at low prices, causing the price to rise.

Overall, Green Bitcoin ($GBTC) is a supply-constrained long-term growth project that has the potential to outperform the top giants in a bull market. Tokens can be purchased at an early adopter price on the project website.

Sei

Sei, a space-based layer 1 blockchain, is also a good cryptocurrency to invest in for long-term returns. This project aims to improve the world of cryptocurrency trading through improving trading DEX.

Although DEXs have become more popular after the rise of Jupiter, it is still clear that his DEXs lack the speed and ease of trading offered by centralized exchanges like Binance. SEI wants to change that. They want to bring professional trading options to the DeFi world using layer 1 blockchain.

The best part about Sei is that thanks to its Cosmos infrastructure, it has access to a variety of different blockchains in the space and can perform transactions between different networks with very low on-chain costs.

Overall, SEI is proving to be an important infrastructure project underway that offers long-term growth opportunities.

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