Long-term cryptocurrency investors will be well aware of the assets that exist in the crypto space. There are the usual suspects, such as Bitcoin, Ethereum, and Ripple, plus a host of other assets that have been developed over the last few years to cater to specific use cases.
However, with so much choice now available, it can be difficult to keep track of all the available assets and make an informed decision about what to invest in. A good starting point is to look at which projects will likely produce some of the most extensive returns for investors over the next 12 months.
Many new altcoins have made their way into the market over the last few years. These assets have stood out from the crowd and caught investors’ attention due to their unique use cases or growth potential.
In this article, we’ll look at the best cryptos that could be worth investing in over the next month. We’ll also explore their use case and how they could generate returns for investors. Let’s dive in.
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PancakeSwap
PancakeSwap is a decentralized exchange (DEX) built on Binance Smart Chain. The project is similar to Uniswap, with a few extra features and benefits. Users can stake their CAKE tokens to receive rewards and governance power within the platform.
This asset is also used to pay transaction fees on PancakeSwap and buy new NFTs released by the project. It is one of the profitable cryptos you should invest in as it has lower risk chances and usually has higher returns.
ADA
ADA is a game-changing crypto which has been designed to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
Cardano’s technology is built from peer-reviewed research at some of the world’s foremost universities. The resulting technology is one of the most advanced, secure and flexible digital currencies in the world.
Axie Infinity
Axie Infinity is a game that uses blockchain technology to integrate digital gaming with cryptocurrency. The game combines elements of strategy, role-playing games, and trading card games into a single platform that players can use to interact with each other.
Investments in Axie Infinity allow players to increase their chances of winning battles against opponents by purchasing certain items.
Avalanche
Avalanche is a highly anticipated new project that has been built to be a highly scalable platform. It’s been designed to be an open-source platform that can scale to over 6500 transactions per second.
It aims to be a hybrid blockchain network that combines the best features from other networks such as Ethereum and Polkadot. It’s also been designed for launching and governing secure subnetworks. These networks are called Avalanche Subnets.
One of the best things about Avalanche is its breakneck transaction speed. Many blockchains have struggled with scalability in the past, but this isn’t something that will be an issue for Avalanche.
CoinMetro
CoinMetro is a one-stop-shop for cryptocurrency trading. It’s a trading platform for crypto derivatives and fiat currency exchange that offers tokenized securities and a sandbox for ICOs. The platform will allow projects to launch their tokens and use CoinMetro’s XCM utility token.
CoinMetro has many advantages over other exchanges, including an easy on-ramp from fiat currencies into cryptocurrency. With the increasing number of regulations surrounding cryptocurrency exchanges, CoinMetro is at the forefront of using compliance tools and technology to achieve faster processes with better results.
The platform is attracting a lot of attention due to its professionalism, range of services, and ease of use.
Although the mainstream media is constantly bombarding the public with negative news on cryptocurrencies, more and more people are taking the plunge in investing in them. Perhaps this will be reflected by market predictions as well.
Only time will tell if these predictions are right about what lies ahead for cryptocurrencies. Still, one thing is for sure: they can be profitable investments if one is willing to risk their capital – and they provide an interesting avenue to follow through trading tips.