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Cryptocurrency News Articles
Amid the current market conditions, crypto investors have adjusted their investment picks for long-term growth. As such, investors wonder which altcoin provides the best prospects in the long run as we gear toward another bull run.
Sep 10, 2024 at 10:00 pm
ETFSwap (ETFS), Binance Coin (BNB), and Avalanche (AVAX) are candidate altcoins to evaluate in this article. While we explore the strengths of each altcoin, one of these three presents the best market opportunity; read on to find out.
Amid the current market conditions, crypto investors have adjusted their investment picks for long-term growth. As such, investors wonder which altcoin provides the best prospects in the long run as we gear toward another bull run.
In this article, we will be discussing three promising altcoins that could potentially yield high returns over the next bull run: ETFSwap (ETFS), Binance Coin (BNB), and Avalanche (AVAX). While each of these altcoins boasts unique strengths, one of them presents a clear standout investment opportunity due to its early stage, promising use case, and market opportunity.
Let's dive into the strengths of each altcoin to uncover the best long-term investment pick.
ETFS: New Decentralized ETF Platform With On-chain Access
The new ETFS token is an emerging platform that will bring the ETF market on-chain. This means that users will have on-chain decentralized access to trade and invest in tokenized ETFs.
ETFS presents a revolutionizing platform that resonates with crypto enthusiasts seeking their next big investment. Interestingly, the altcoin is still on presale, which is usually the best opportunity to invest at an underpriced value. While ETFS has recorded massive success in presales, the enticing factor lies in the promising features coming on the platform.
ETFS will be able to provide enhanced security, transparency, and more efficient trading services than what's available in traditional markets by leveraging the blockchain. Also, this new ETF platform solves issues like limited trading hours, KYC restrictions, low liquidity, limited convertibility, or portfolio diversification, which are more associated with trading ETFs on centralized platforms.
ETFS breaks out as a first-mover and is predicted to climb to billions in valuation. Of course, the presale investors and early adopters will be the biggest winners in all of this, making it the perfect long-term altcoin investment in the market right now.
The team at ETFS has also passed KYC verification by SolidProof, assuring investors of adding security and a legit team behind the project.
Binance Coin: Utility Token Of Centralized Exchange Binance
Binance Coin is a top altcoin in the market, and it serves as the utility token of the centralized crypto exchange Binance. Binance Coin majorly benefits from being part of one of the largest crypto exchanges globally.
Binance Coin also serves as the native token of the BNB Smart Chain (BSC) network. The BSC network is another EVM blockchain popular for its impressive scalability and dApp support. The launch of the BNB Chain was a major price catalyst for the altcoin in the 2021 bull run, but investors are now wondering if it presents the same prospects for another bull run.
As of this writing, Binance Coin is trading at $504, showing a 135% price increase over the past year. While Binance Coin is a prospect for market gains in the coming bull run, experts believe that the altcoin may be too big to promise long-term growth.
Avalanche: Unique Layer-1 Blockchain With High-Speed Capabilities
Avalanche is another layer-1 blockchain solution created to provide an infrastructure for faster transactions at lower costs. The high-speed capabilities on Avalanche give room for DeFi growth amongst other exciting use cases.
Avalanche has also been a major contributor to the growth of tokenization of real-world assets, the fastest-growing crypto narrative over the past year. As such, Avalanche, as an altcoin investment, presents some prospects for the coming bull run.
As of this writing, Avalanche is trading at $21.67, a 120% price jump in the past year. Experts present an opportunity for 500% profit on a rerun to its all-time high investment, but does that make it the best investment pick of the three?
Why ETFS Is The Best Long-Term Investment Pick Of The Three
ETFS is an altcoin investment that presents some advantages over Binance Coin and Avalanche. The altcoin serves as an underlying token for a trading platform and sets to claim a huge share of the real-world asset market, combining the unique strengths of the other two altcoins.
Moreover, ETFS offers cheap entry on the ongoing presale, which has raised over $5 million in a few months. You can get in now at $0.03846 before the price increases on the next presale stage.
For more information about the ETFS Presale:
Visit ETFS Presale
Join The ETFS Community
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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