3 COINS TO 3 MILLION - EXPLOSIVE LONG TERM PICKS IN JULY 2022?!! Moonbeam Near Elrond | CRYPTOPRNR

While many investors look to trade cryptocurrencies through a short-term strategy in an effort to profit from volatile price fluctuations, the best way to approach this market is to do so in the long term.

This will allow you to avoid the volatility of the market and therefore take a much more relaxed approach to crypto.

In this video, we'll share with you the best long-term crypto investments for 2022.  All of the projects we're going to talk about with you today, offer attractive bullish potential.

So, watch this video all the way through to discover the 3 best long-term crypto investments for 2022.

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Now, let's get started.

The first project is Moonbeam.

Moonbeam serves as a scalability and interoperability solution for Ethereum and Bitcoin. Moonbeam is used as a parachain on Polkadot, which supports multi-chain interoperability by connecting blockchains to the Polkadot network – a Layer Zero protocol that intends to help all blockchains seamlessly interact together.

Interoperability has become a key focus in Web3, as it has become obvious that the many different blockchains will need to be able to communicate with each other. Moonbeam’s ability to bridge Ethereum and Bitcoin to the Polkadot network could prove important. DApps, smart contracts, decentralized exchanges (DEXs), and non-fungible tokens (NFTs) that are built on Moonbeam can be easily used in the Ethereum ecosystem as well.

Now, is Moonbeam a good long-term investment? The answer is YES.

Moonbeam is a risky bet as it is contingent on beating out many other parachains, securing another lease on Polkadot, and Polkadot becoming an important Layer Zero solution. However, because of the impressive work from the Moonbeam developers, its place on the Polkadot parachain slot, and its achievement as the first active interoperability network on Polkadot, Moonbeam has serious potential.

Moonbeam holds a 5% inflation rate, half of which is used to reward stakers. The coin will need to see some positive news in the short term for a spike in price. Over the long term, an increase in Moonbeam-based projects and users along with the continued advancement of the Polkadot network is key.

Currently, Moonbeam is priced at $0.65. According to our estimates, it could fall to $0.30, which gives you a good entry point. If all goes according to our expectations, Moonbeam could reach $30 by 2024. That's almost 100X. Of course, this is just our opinion based on our chart analysis. But anyhow, Moonbeam has great long-term potential.

 

The next altcoin project is Near Protocol.

NEAR is a Layer-1 blockchain solution built for an ecosystem’s underlying base network and infrastructure. Bitcoin and Ethereum are examples of some other Layer-1 blockchains. These blockchains finalize and validate transactions as well as secure the network from malicious behavior by incentivizing validators with rewards. In this case, validators are rewarded with NEAR cryptocurrency tokens.

NEAR has sprung rapidly to the list of top 20 cryptocurrencies, but it is still extremely early on in its development. It’s a good idea to keep an eye on its progression before making a large investment.

However, the signs are telling so far, and NEAR looks set to cement its position if it continues to execute. To illustrate, none of this existed four years ago. NEAR transformed from a small team in an office in San Francisco to where it is now. Adoption has sped up at an incredible pace, and the statistics from a recent presentation are encouraging.

The token has the potential to produce outsized returns and become one of the best Web 3.0 cryptocurrencies to buy.

With a plethora of offerings, a NEAR coin is an obvious choice for investors due to its high speed, cost-efficiency, and dependability collateral. Near protocol, in a way, can be called a synonym to "facilitator of smart contract and public Proof-of-Stake (PoS) blockchain with a mindset to be user-friendly incorporating features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all.

Additionally, NEAR Protocol (NEAR) has released several improvements to its network, including NFT Marketplaces and a music streaming service. Numerous artists and developers are using the protocol, utilizing its network to construct dApps.

The NEAR Protocol token may be 10x soon after a series of rallies as whales continue to drive the price higher. If you’re looking to invest in scalable and multi-chain tokens, the NEAR coin is worth considering.

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And the last crypto project we are going to see today is Elrond.

Elrond is a blockchain protocol that wants to offer extraordinarily fast transactions through sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance, and the Internet of Things. Its smart contract execution platform is said to be capable of performing 15,000 transactions per second, with six seconds of latency and $0.001 transaction fees.

The blockchain has a native token called EGLD, used to pay network fees, for staking, and to reward validators.

Elrond is the first blockchain network that brings together state, network, and transaction sharding. According to its business documentation, Elrond wants to expand its ecosystem and make EGLD a valuable store of value asset.

To achieve this goal, the network operates with 2,169 validator nodes divided into four fragments: three execution fragments, each capable of processing 5,400 transactions, and one coordination fragment, the "Metachain." Elrond's adaptive state sharding architecture fully fragments state, transactions, and the network. It can scale by adding an additional shard when the throughput demand is not met. It has been tested to run 263,000 GSTs in a public environment, with 1500 nodes in 29 different countries, split into 50 shards.

To encourage adoption, the project supports developers who invest in the platform by allowing them to earn 30% of smart contract fees as royalties.

The company maintains a pool of EGLD tokens for staking on the network for the first year. Validating nodes receive an annual rate of 36%.

For a coin that launched at $17.20 and went as high as $542, EGLD has had its fair share of supporters. Due to its unique sharding technique and consensus mechanism, the Elrond blockchain elegantly tackles the crypto trilemma problem.

Analysts are optimistic about EGLD's price movements in the future. This bright outlook is predicated on its strong fundamentals. With well-designed tokenomics, a vibrant community of users, and the backing of a solid team, the token ticks all the boxes for a successful investment.

The Elrond team continues to improve the interoperability and scalability of the platform, drawing significant attention from web3 project developers. Some of the anticipated developments include web3 payments solutions, an NFT marketplace, gaming apps, and a new version of the popular Maiar App.

These projects, when launched, have the potential to grow the user base of the Elrond network and boost the price of EGLD.

Anyhow, we think Elrond is a good investment for the long term.

 

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