Bitcoin is a popular cryptocurrency that can be bought for long-term returns. However, it's not the only asset you have to consider. There are many other coins that are also good long-term investments.

It can be hard to find the best cryptocurrency assets that will last the long-term, especially if your are just starting out in the crypto world. This article highlights the best cryptocurrency to invest in for long-term returns in this decentralised economy.

1. Bitcoin (BTC).

Bitcoin is still the most popular crypto asset. This can be seen in the high adoption. Bitcoin's value has risen more than 9,000,000% since its 2009 debut at $0.08 and it is likely to continue rising.

Due to the hard-cap limit on 21 million coins that can be mined, Bitcoin has been the main focus for institutional and retail investors. This fixed code makes Bitcoin inflationary by design.

Bitcoin's 2021 year has been an important milestone. The most popular virtual asset surged to an all time high (ATH), of $69,044.77 early November. BTC continues to be a bullish asset despite a price retracement.

Bitcoin trades at $55,230.83 as of press time. This is a decrease of 3.30% over the past 24 hours. This increase sees top crypto trading below the MA support price of $61,069.21 (20-day moving average).

BTC is the best cryptocurrency to invest in for long-term gains, as shown by Bitcoin's long-term performance. The asset's strong bullish backing is evident by the 200-day MA price at $46,329.16

Bitcoin, which seeks to overthrow the centralised financial system, has already outperformed payment processing giant PayPal in dollar transactions processed.

2. Ethereum (ETH).

The Ethereum network introduced smart contracts to enable a decentralised economy. Decentralised applications (dApps) are blockchain-based applications that can offer financial services similar to centralised banks, but without the need for a central regulator.

Ethereum was launched six years after Bitcoin. It has expanded the crypto ecosystem further than Satoshi Nakamoto, an anonymous Bitcoin founder, originally intended.

This has resulted in the top altcoin taking the second place on the most valuable crypto asset ladder.

The price of Ethereum has increased significantly this year. It traded at just over $5,000 per Ethereum. The dApps platform lost some of its gains, and now is struggling with the bears in the daily chart.

ETH currently trades at $4,089.56, a decrease of 4.45% over the past 24 hours. The most popular smart contracts platform has seen a 457% increase in year-to-date (YTD), indicating a strong growth rate so far this year.

Slowly, the Ethereum network is transitioning to a Proof-of-Stake (PoS), and the introduction Ethereum Improvement Proposal 1559 has seen the ETH token become inflationary.

Through a 'burn' process, more than 1 million ETHs were permanently removed from circulation. This will increase the value for ETH as it prepares for a PoS protocol later in the year.

3. Binance Coin (BNB).

Many people are surprised at the rise of Binance Coin. However, the BEP-20 token has proven throughout the year that it is a top cryptocurrency to invest in for long-term returns. Binance Coin, which is issued on the largest Bitcoin exchange in the world, has seen a more than 1,440% increase YTD and has experienced over 1,900% growth over the past twelve months.

This indicates a bright future and a stronger uptrend for digital assets. BNB has fought for its third place from stablecoin USDT and Cardano in a market that is dominated by Ethereum and Bitcoin.

BNB is a huge success. The digital asset has a market cap of close to $100 billion and a market dominance of 3.91%.

BNB is currently trading at $578.8, a 6.65% decrease daily, and is fighting the bears. BNB's long-term prospects are positive as the digital asset trades above the $417.10 MA price (200 days ago).

This suggests that BNB could see a larger price increase in the next weeks, as it may reach a new peak. BNB is closely linked to the success of Binance's crypto exchange.

Recently, the Chinese crypto exchange announced the launch "Blockchain Brawlers" by WAX on Binance's non-fungible token marketplace (NFT). Here, BNB plays a major role alongside stablecoin BUSD.

4. Solana (SOL)

The inclusion of Solana blockchain as a crypto to purchase for long-term returns has been granted. Due to its reliance on a hybrid consensus mechanism, the asset is one the most scalable in the crypto ecosystem.

Popular Ethereum killer uses a PoS consensus model and the Bitcoin-inspired proof of-history (PoH), timing mechanism.

Solana is highly scalable, with a base transaction per sec (TPS) at 50,000. It's also energy-efficient and cost-effective. With its $0.01 network fee, Solana was able to capture a significant portion of the decentralised finance market.

Solana has thrived in a market where others have failed, with the dApp platform growing 12,264.49% YTD and a 9,914.51% 12-month trailing growth.

SOL has yet to cross the $200 resistance level at press time. SOL trades at $186.25, a drop of 9.27% over the last day.

The project has become a hotbed of NFT projects. Blockchain music streaming service Audius recently added support for Solana NFTs.

5. Cardano (ADA)

Cardano's scientific approach to solving crypto ecosystem challenges is well-known.

Cardano is a cryptocurrency to invest in for long-term returns due to the fundamental growth it has experienced. Cardano is among the 10 most valuable crypto assets worldwide, despite it being in its infancy.

Cardano's price has fallen sharply since mid-September, when it reached $3.10 at the ATH. The Ethereum competitor traded mainly between $2.65 and $2.65. Cardano trades at $1.531, 8.14% lower than the previous day, due to a market downturn.

ADA has risen 743.17% despite the steep decline. A 12-month performance places ADA at nearly 1000%.

BitStamp, a centralised Bitcoin exchange, has announced the recent listing of the ADA token. This would increase the trading volume and price of the digital token.

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By: Jimmy Aki
Title: 5 Top Cryptocurrency to Buy For Long Term Returns November 2021 Week 4
Sourced From: insidebitcoins.com/news/5-top-cryptocurrency-to-buy-for-long-term-returns-november-2021-week-4
Published Date: Fri, 26 Nov 2021 12:50:20 +0000