10 Best Long Term Cryptos to Buy in April 2024

Long-term crypto investing is considered to be a lower-risk option for investors who are looking to grow their wealth over time instead of capitalizing on short-term gains. If you’re looking to build a long-term portfolio, in this guide we will take a look at the best long term crypto to consider in April 2024.

To find the best long-term tokens, we carefully analyzed several projects and looked for token use cases, a robust project roadmap, and solid tokenomics. Keep reading to discover which coins made our list.

A List of The Best Long-Term Crypto for 2024

  1. Dogecoin20 (DOGE20)The best meme coin to buy for the long-term. Dogecoin20 offers an on-chain staking mechanism to encourage long-term participation and growth.
  2. 5thScape (5SCAPE)A revolutionary VR gaming project with a solid roadmap that sees the project continue to develop past 2025. 5thScape aims to become a market leader in the VR space and will offer generous rewards to early adopters.
  3. Sponge V2 (SPONGEV2)Stake SPONGE tokens to receive passive rewards over 4 years. Sponge V2 is the second version of Sponge token that offers utility and access to exclusive p2e games.
  4. Smog (SMOG)Smog is the latest Solana meme coin that aims to launch one of the biggest crypto airdrops in history. Early investors can participate in the airdrop to earn free tokens.
  5. eTukTuk (TUK): The first blockchain-based electric vehicle ecosystem that will support the roll out of electric TukTuks in developing countries. TUK is the native utility token of the platform that will be used to pay for fuel.
  6. Bitcoin Minetrix (BTCMTX)An innovative stake-to-mine crypto project that improves accessibility to Bitcoin cloud mining. Investors can use their BTCMTX tokens to earn Bitcoin.
  7. Bitcoin (BTC): Bitcoin is predicted to continue it’s bull run into 2025, reaching a potential all-time-high of $200k. This makes Bitcoin one of the best long-term crypto investments for 2024.
  8. Ethereum (ETH): Ethereum is the second-largest crypto by market cap and is often seen as the more sustainable alternative to Bitcoin. The Ethereum blockchain is used to built numerous d’apps which means that the token will experience high demand when mass adoption occurs.
  9. Solana (SOL): The most scalable blockchain network that could play a huge roll in the future of web3. Solana has been pumping recently and this could continue if sentiment remains positive.
  10. Cerra (CERRA): Cerra holders will receive revenue share in the Cerra.io decentralized finance platform. This makes it a good choice for investors who want to receive passive income from their crypto portfolios.

What Is a Long-Term Cryptocurrency?

A long-term cryptocurrency is a digital currency that is designed to have lasting value and viability over an extended period of time. Unlike some shorter-term cryptocurrencies that may have limited functionality or a short lifespan, long-term cryptocurrencies are built with the intention of being used as a store of value or an investment for the long haul.

bitcoin, best long term crypto

These types of cryptocurrencies are often backed by strong technology and have a solid foundation that supports their long-term sustainability. They are typically developed with robust security measures and have a strong community of users and developers behind them. Long-term cryptocurrencies aim to provide stability, reliability, and continued growth, making them attractive options for investors looking for assets with long-term potential.

Investing in long-term cryptocurrencies can offer several advantages. They provide an opportunity for investors to diversify their portfolio and potentially earn significant returns over time. As these digital assets gain popularity and adoption, their value may increase, providing a lucrative investment opportunity for those who had the foresight to invest early.

How To Know If a Crypto Will Do Well Long Term?

So, how do you know which cryptocurrencies will perform well in the long run and which ones are more suited for short-term gains?

There is no guarantee that any crypto investment will provide gains long-term however, it is possible to identify strong contenders. Here are some key features to look for when deciding if a crypto could do well in the long term.

Token utility

Token utility refers to the usefulness or functionality of a token within a specific ecosystem or platform. Essentially, it defines what the token can be used for and how it provides value to its holders.

Token utility can vary depending on the project or platform. Some tokens are designed as a form of currency, enabling users to make transactions within the ecosystem. These tokens can be used to purchase goods, services, or even access certain features within the platform. Others tokens may represent ownership in a specific asset or give users voting rights on proposed changes or decisions.

The utility of a token is an important factor in determining its value and adoption. If a token has a strong utility and is in high demand, its value is likely to increase. Additionally, tokens with practical use cases tend to gain more attention from investors and users.  Additionally, token utility can incentivize users to hold onto their tokens for longer periods, which can contribute to the overall stability and growth of the project.

Project roadmap

A cryptocurrency project roadmap is a plan that outlines how the project will achieve it’s long-term goals. Long-term crypto investors should look for projects that have carefully thought-out roadmaps that will continue the development and growth of the project into the future.

The best cryptocurrencies will have detailed roadmaps that outline the different stages of development. This can be used to understand how the project will sustain long-term growth and to determine key points at which the price of the token may fluctuate.

For example, the Bitcoin roadmap includes a halving event every four years which is known to cause market-wide volatility.

Community support

The most promising cryptocurrencies are usually backed by a strong community of investors who believe in the project’s long-term potential. A prominent community is a sign that the project has managed to attract serious investors who want to support the growth and success of the token.

The best way to determine whether or not a crypto has established a long-term community is to follow the project on social media. Cryptos with a large community will have a large social media following of actively engaged supporters.

Token distribution

The structure of a token’s distribution is another well to tell if it could do well long-term. Token distribution refers to how tokens are allocated among various stakeholders within the cryptocurrency ecosystem. It plays a significant role in determining the degree of decentralization, adoption, and sustainability of a cryptocurrency.

A fair token distribution is vital for the long-term success of a cryptocurrency. If a large portion of tokens is concentrated in the hands of a few individuals or organizations, it can lead to centralization and control over the network. This concentration of power undermines the core principles of decentralization and can hinder the growth and development of the cryptocurrency.

Token distribution also impacts the sustainability of a cryptocurrency ecosystem. A balanced token distribution can create a robust and resilient network by incentivizing individuals to hold their tokens long-term. It encourages investors to support the cryptocurrency through holding and participating in token-related activities, such as staking. Investor participation leads to increased liquidity, stability, and overall market confidence, which are essential for long-term sustainability.

A Closer Look at The Best Long-Term Cryptos

Many of the best long-term cryptos for 2024 are new projects that are yet to establish a strong reputation. To learn more about some of the best upcoming ICOs and new crypto projects, read through our min-reviews below.

1. Dogecoin20 – The best long-term meme token to buy in 2024

Dogecoin20 is a new addition to the Doge meme coin family. Unlike its predecessors, Dogecoin20 encourages long-term project participation with a lucrative on-chain staking model that will provide investors with passive rewards.

dogecoin20 best long-term crypto

Dogecoin20 is built on the sustainable Ethereum blockchain network, which positions it as an environmentally-friendly version to the original meme coin. The project’s focus on sustainability has led many investors to claim that DOGE20 is ‘Dogecoin how Musk would have created it‘.

Dogecoin20 also offers the benefits of a deflationary token supply. The total supply of DOGE20 tokens is 140 billion and 25% of these are available to buy through the ongoing presale. 15% of these tokens will be distributed as staking rewards over a 2 year period.

Dogecoin20 is an ERC20 token that can be bought from the presale with ETH or USDT. You don’t want to miss out on the next meme coin to explode.

Your money is at risk.

2. 5thScape – The best new crypto with long-term potential

5thScape is one of the best new long-term cryptocurrencies that we came across during our research. The main reason that this token makes our list if because the project has a robust roadmap that sees the project continue its growth for years to come.

5thScape is a VR gaming ecosystem that uses blockchain technology to create a platform that is transparent, rewarding, and scalable.

5thScape best crypto for long term

The 5thScape ecosystem will be supported by the 5SCAPE utility token – an ERC20 token with a capped supply that will be used for rewards, in-game purchases, governance, and to access exclusive platform features.

Early investors will be rewarded with free access to the 5thScape platform as well as the opportunity to stake their tokens for generous passive returns.

As we mentioned above, one of the stand out features of 5thScape is the project’s robust roadmap. Over the next few years, the project will roll out a series of VR games and hardware that will sustain demand for the token and help 5thScape to become a market leader in the VR space.

The presale event is selling out quickly and there is not long left to invest before the first round of games are launched.

Your money is at risk.

3. Sponge V2 – The best meme token with real utility and long-term potential

Sponge V2 is the second version of Sponge token – which exploded after presale in 2023.

The V2 token aims to replicate the success of V1 with added utility – Sponge V2 can be used to access exclusive play-to-earn games as well as on-chain staking for passive rewards.

spongev2 long term cryptocurrency

Sponge V2 stands out as one of the best meme coins to buy in 2024 due to the token’s utility and previous success.

The V2 tokens were launched to gradually phase out V1 coins. To achieve this, investors must buy and stak Sponge V1 to earn V2 rewards. The V2 tokens will be released over a period of 4 years to encourage long-term holding and project participation.

Once V1 tokens are staked, they cannot be withdrawn. This will  eventually take all V1 tokens out of circulation.

The Sponge V2 presale event is almost over. You can buy SPONGE with ETH or USDT from the official token website.

Your money is at risk.

4. Smog – Invest to take part in the biggest crypto airdrop event

Smog is a promising long-term crypto to consider if you are looking to diversify your portfolio with an explosive meme token.

This meme token isn’t just for a short-term pump. Instead, Smog token holders will be eligible to participate in huge crypto airdrop events which will reward them with free crypto tokens. The project aims to launch one of the biggest Solana airdrops in history which will encourage early investors to hold onto their tokens for the long run.

smog token best long term crypto coin

Participation in the airdrop will be dictated by the number of SMOG tokens that are held in your crypto wallet. The more tokens that you hold, the more free crypto you can receive.

Smog’s lucrative airdrop promise and strong marketing campaign has positioned the meme token as one of the best altcoins to buy in 2024. So far, the project has raised over $200M and the presale is set to end very soon.

SMOG is built on the Solana blockchain which means that you can buy it with SOL tokens from the presale.

Your money is at risk.

5. eTukTuk – The best cryptocurrency to invest in for eco-conscious investors

Thanks to its scalability and low overhead costs, blockchain technology can be used to support green initiatives that seek to improve global warming.

One initiative that has made waves in the market recently is eTukTuk – an electric TukTuk project that aims to reduce carbon emissions by supporting the use of EVs in developing countries.

etuktuk best cryptocurrency to invest in

The eTukTuk platform is entirely blockchain-based based which reduces the need for third-party authority and makes it possible for the platform to operate in any conditions.

Problems are fixed in real-time through data analytics and advanced AI, and transactions are supported by the TUK utility token. The use of TUK to pay for fuel solves the problem of cost, which has long been a barrier to the roll out of electric TukTuks.

TUK tokens can be bought for a very low price during the ongoing presale event. This means that drivers can accumulate tokens to pay for fuel without needing to spend a large amount of capital.

The token’s use cases will create a steady demand for TUK which positions it as a promising long-term crypto investment option. As the need for electric vehicles increases, the demand for TUK is likely to grow, rewarding early investors.

Your money is at risk.

6. Bitcoin Minetrix – The first stake-to-mine crypto project for long term Bitcoin rewards

Bitcoin mining has long been guarded by expensive hardware and high startup costs. This has made it almost impossible for everyday investors to profit from mining initiatives.

One new project that aims to solve this problem is Bitcoin Mientrix – the first stake-to-mine initiate that will improve access to Bitcoin cloud mining.

bitcoin minetrix best crypto to hold long term

The premise of Bitcoin Mientrix is relatively simple. Investors can stake BTCMTX tokens for cloud mining credits which can then be used to mine Bitcoin from your PC device.

Before Bitcoin Mientrix, the cloud mining industry was expensive and lacked transparency. Bitcoin Minetrix solves this by harnessing blockchain technology and offering a very low point of entry to people who buy the token during the presale event.

At the time of writing (27/03/2024), BTCMTX tokens are less than $0.5, which means that investors can start mining Bitcoin for as little as $1.

Now is the best time to start mining BTC before the upcoming halving, which could send the value of BTC tokens to the moon.

Your money is at risk.

7. Bitcoin – The ‘digital gold’ that could hit $200k by 2025

Bitcoin has long been considered one of the best cryptos for long-term investing for a number of reasons.

Firstly, the crypto has been coined the ‘digital gold’ – referring to the token’s ability to hedge inflation and provide a store of wealth for investors.

bitcoin best long term crypto

It is a well-known fact that the next Bitcoin halving is due to take place in April 2024. Historically, halving events have caused the value of Bitcoin to go up which has caused many investors to be optimistic about the coin’s price in 2024 and 2025.

Bitcoin was the first cryptocurrency to be created which means that it is one of the most widely adopted coins. For this reason, Bitcoin will play a huge role in the mass adoption of crypto and the future of DeFi. Therefore, the demand for BTC is likely to remain high in the future, which makes it a promising long-term investment opportunity.

8. Ethereum – The most popular blockchain network and second-largest crypto

Ethereum is the second-largest cryptocurrency by market cap as well as one of the most widely used blockchain networks.

The Ethereum network is more sustainable and scalable than Bitcoin, which makes it an appealing option for developers and DeFi companies. There are currently over 3000 apps running on the Ethereum blockchain and the ETH token is used to power all of them.

ethereum best crypto for long term

Although it is built on a different blockchain than Bitcoin, Ethereum is predicted to do well during the upcoming halving season. This is because ETH is used to buy altcoins from exchanges such as UniSwap which means that demand for the token will rise as investors rush to buy promising altcoins.

9. Solana – The most popular blockchain for NFTs that will do well during the roll-out of web3

Solana has been making headlines recently with a number of Solana-based tokens seeing huge gains. Although Solana-based meme coins have become a popular short-term investment option, the Solana (SOL) token itself stands as one of the most promising cryptocurrencies for long-term investors.

solana best crypto for long term

The reason that Solana is predicted to do well long-term is that it is one of the most popular blockchain networks for NFT projects.

NFTs are expected to play a big part in the future of the metaverse which means that demand for Solana will continue to grow.

The reason that Solana is popular for NFTs is because the chain offers low transaction costs and a high throughput. Furthermore, in 2023 the network managed to achieve 100% uptime and continues to work on development. This makes it one of the most impressive blockchain projects.

10. Cerra – Hold Cerra long term to get revenue shares in a leading Cardano DeFi system

Cerra is an innovative new crypto project that is built on the Cardano blockchain. It is a decentralized finance platform that will offer trading lending, swapping, and more.

Perhaps one of the most appealing features of the new project is the opportunity to earn revenue shares by investing in the CERRA utility token.

cerra long term crypto project

According to the Cerra website, token holders can earn passive income through staking. 100% of the total token supply will be distributed to investors, providing a lucrative opportunity for long-term holders.

So what is Cerra.io? Cerra is an all-in-one DeFi platform that offers trading, lending, swapping copy trading, and more. The platform is one of the first of its kind to be built on Cardano which has led to market-wide interest. CERRA tokens can be used within the ecosystem to pay for fees, voting, farming, governance, and staking.

The total supply of CERRA tokens is capped at 50M and 30% of these tokens are being held for yield rewards.

How To Invest in Crypto For The Long-Term

Investing in cryptocurrency for the long term involves building a diverse portfolio of tokens that have unique utility, tokenomics, and roadmap.

When investing in cryptocurrency for the long term, it’s essential to choose reputable and established coins. Bitcoin and Ethereum, for example, have proven to be stable and reliable over the years. However, it is also a good idea to balance out your portfolio with smaller-cap coins that could generate returns when the rest of the market suffers.

Many of the smaller-cap long term tokens on our list are available to buy via presale. A token presale is a good way to buy crypto for the long term because it provides investors with the opportunity to buy tokens for a very undervalued price. Furthermore, investing in crypto presales is a good way to take advantage of the next crypto to explode, which could significantly boost your long-term portfolio.

Buying crypto through a presale is slightly different from buying from an exchange. Here are the basic steps that you should follow to buy presale tokens in 2024. 

  1. Create a crypto wallet: To take part in a presale, you will need to create a cryptocurrency wallet that is compatible with the relevant blockchain network.
  2. Fund your crypto wallet: After creating a wallet, you will need to fund it with tokens that can be swapped for the presale coin. Most of the presales on our list are compatible with ETH or USDT. Make sure that you have enough funds in your wallet to cover the swap and gas fees.
  3. Connect your crypto wallet to the presale website: Navigate to the official presale website and click ‘connect wallet’. Here, choose your wallet provide and verify the connection.
  4. Swap crypto for presale tokens: Once you have connected your wallet, go ahead and swap cryptocurrencies for the presale tokens. Always double-check the details of your purchase before confirming.
  5. Claim tokens after the presale: When the presale event ends, you will be able to claim your tokens by connecting your wallet to the presale site and clicking ‘claim’. Before this, the tokens will not appear in your wallet.

Your money is at risk.

Top Tips For Creating a Long-Term Crypto Investment Portfolio

There is no guarantee that the value of your long-term crypto portfolio will go up and investing in cryptocurrencies always comes with risk. However, there are steps that you can take to mitigate the risks that are involved with investing in crypto long term.

Invest little and often

Investing little and often is a strategy that can prove to be highly effective in building long-term wealth. Many people believe that investing in crypto requires a large sum of money all at once, but this is simply not true. By consistently putting away small amounts of money over time, you can take advantage of appreciation and grow your portfolio steadily.

One of the advantages of investing little and often is that it allows you to minimize the impact of market volatility. Instead of trying to time the market and invest large amounts when crypto prices are low, you can invest on a regular basis regardless of market conditions. This strategy, known as dollar-cost averaging, allows you to buy more shares when prices are low and fewer shares when prices are high, ultimately lowering your average cost per share.

Conduct thorough market research

The crypto market is filled with countless coins, and not all are worth investing in. Take the time to understand the technology behind each cryptocurrency, their use case, team members, and community support. This will help you make informed investment decisions and avoid scams or shitcoins that are more suited to short-term gains.

Set realistic goals

Many long-term cryptocurrencies have roadmaps that span several years, and therefore, you should not expect overnight success. Instead, focus on the long-term potential of your investments and be patient.

Don’t get discouraged by short-term price fluctuations, as the crypto market can be highly volatile. Stick to your investment strategy and evaluate it periodically to ensure it aligns with your goals.

Avoid emotional investing

Investing in cryptocurrencies can be an exhilarating experience. The potential for high returns in a short period of time can be tempting, especially when driven by emotions. However, it is crucial to avoid making investment decisions based solely on emotions. Emotional crypto investing can lead to impulsive decisions and potentially devastating financial losses.

One of the main dangers of emotional investing is the herd mentality. When we see others making significant gains in the crypto market, it’s easy to get caught up in the excitement and fear of missing out. However, following the crowd without understanding the underlying fundamentals of a cryptocurrency can be a recipe for disaster. It’s important to do thorough research and have a solid investment strategy in place to avoid getting carried away by the hype.

The Verdict

The best long-term crypto for 2024 is Dogecoin20 which provides investors with an opportunity to earn passive rewards through meme coin staking. Other top tokens to consider include 5thScape and Smoge V2 which both have robust roadmaps and excellent tokenomics that are designed for long-term participation.

When building a long term cryptocurrency portfolio, it is a good idea to diversify your investment with different tokens. You should also make sure to conduct thorough research into potential investment opportunities before making any financial decisions.

By following investing best practices and developing a good long-term strategy, it is possible to grow health by investing in crypto. However, the cryptocurrency market is volatile and there is no guarantee that the value of your investment will go up.

Your money is at risk.

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By Ruby Layram

Ruby is an SEO Editor who occasionally contributes as a writer for ICO Bench. Ruby has been working in the Fintech and Personal Finance space for 5 years and has been featured in a number of reputable online publications including The Motley Fool UK, Bankless Times, Cryptonary, TradingPlatforms and BuyShares.