Highs and lows are part of any financial market and the coin market is no exception to it. The 2022 crypto crash and a prolonged bear market have failed to overwhelm coin holders. Amid its roller-coaster ride, there are already signs of the cryptocurrency market revival. The downturn is a blessing in disguise to invest now, stay put and reap massive dividends later.
However, buyers are cautious in their approach while choosing from about 19,000 coins in the market. Here are the three best crypto tokens for a long-term holding and interested buyers should explore them for a potential purchase.
Bitcoin (BTC)
The adage “Old is gold” continues and so is the journey of Bitcoin (BTC), the most prolific face of the cryptocurrency market. Ever since its launching in 2009, it has become synonymous with the crypto world. Its rise beating all odds, regulatory bottlenecks, and unfavourable circumstances have led many to call it “digital gold.” Bitcoin has given consistent profit to coin holders overriding all uncertainties and exceeding any stocks and bonds.
The biggest survivor in the coin market, Bitcoin (BTC), is out to wither another crypto crash in 2022. Despite a cryptocurrency bear market, it remains the most valuable crypto token with over 19 million coins in circulation. Bitcoin commands about a $386-billion market cap, making it 45% of the total market value of all cryptocurrencies put together as of June 20, 2022. El Salvador has recognised it as a legal tender.
The Bitcoin blockchain network still processes millions of transactions every day and boasts one of the most secure platforms in the coin market. Its hash rate is better than even many new crypto coins. Buyers weigh every new cryptocurrency against Bitcoin as a milestone for success.
Litecoin (LTC)
Litecoin (LTC), the “lite Bitcoin”, holds its position as a long-term, worthy purchase in the coin market. This Bitcoin offshoot started in 2011 with just 150 coins to address time and cost issues associated with its more illustrious crypto kin. Within a decade, Litecoin circulation numbers shot to 84 million coins, and thousands of merchant outlets began accepting it.
Three key factors propelled LTC to popularity in the cryptocurrency market. First, Litecoin provided a cost-effective option for crypto enthusiasts. Its fees were very low compared to Bitcoin. Second, the LTC blockchain platform was 11 times faster. While the Bitcoin blockchain takes 10 minutes to generate a new block, LTC does it in 54 seconds. Third, Litecoin introduced a decentralised approach devoid of any central control.
Recent LTC upgrades have increased safety and privacy while enabling confidential transactions. This makes trading and payment settlements quick while keeping them away from the public glare.
Mushe (XMU)
Mushe (XMU) is a new cryptocurrency to enter the coin market on July 2, 2022. Its unique MusheVerse platform, long list of digital services, and super-rare NFTs rank the token among potential long-term crypto purchases.
The Mushe (XMU) community is set to grow and expand, driven by cutting-edge technology and the dominance of the GameFi space. The ecosystem of the new cryptocurrency allows community members to develop and sell P2E games and NFTs inside it. Mushe doles out big payments to winners at game competitions as incentives. It also plans to move away from the Ethereum blockchain platform to Stellar’s open network to minimise fees and maximise the incentive for holders of its cryptocurrency stocks.
XMU may transform the accessibility to crypto assets by opening its doors to banks, lenders, financial institutions and fintech firms. Mushe launches state-of-the-art, single-app wallet services that improve access and trading. Anyone holding 125,000 XMU or more will get a lottery-based reward. Mushe Chat provides a safe and secure communication channel. Users have complete control over data and can send confidential messages. The Mushe presale offers an opportunity that could be as profitable as Bitcoin and Litecoin.
Presale: https://portal.mushe.world/sign-up
Website: https://mushe.world/