The cryptocurrency market has been evolving rapidly since the emergence of Bitcoin in 2009. Initially, it was limited only to major financial players, but today, it has become a part of the investment strategy in the global financial market.

Long  term crypto investments involve holding the cryptocurrencies over a long time with a hope of generating high returns. Investors seek to capitalize from the potential growth rate of their long term crypto investment, which may take months, years or may be decades.

In this article, we shall discuss a few of the crypto coins that an investor might consider for a long term crypto investment.

6 Long Term Crypto Investment for June 2024

1. 5thscape (5SCAPE)
2. DarkLume (DLUME)
3. Ripple (XRP)
4. Ethereum (ETH)
5. Polkadot (DOT)
6. Chainlink (Link)

Let us study in detail about each of the above-listed options for long term crypto investment, which one can choose to achieve their long term financial objectives.

1.   5thScape (5SCAPE)

For those investors, looking for long term investment ventures that pushes the boundaries of VR, 5thScape presents a compelling opportunity for them. This project envisions to build an ecosystem which does not only have softwares or games but also hardwares such as VR headsets, gaming chairs, and other necessary accessories.

>>Click here to visit 5thScape Presale Page

Currently 5thscape’s focus is on VR gaming, it has a library of 3D VR games across many genres such as sports, archery, etc. they plan to expand into the educational sector, healthcare sector and also into corporate employees training etc.

Their native tokens 5SCAPE works as a fuel to drive the whole ecosystem further allowing the access to the premium and exclusive VR content, voting rights and also staking rewards.

2.   Darklume (DLUME)

Darklume is another virtual world created using the socio-economic system fueled by its native coins named DLUME. The project has a unique combination to offer to its uses, which includes fantasy elements and social interactions.

>>Click here to visit DarkLume VR

 In this virtual world, users can acquire citizenship in their desired country by paying the associated DLUME coins. Users or investors in this project have the vast opportunity to engage themselves in such as leisure activities, social interactions and various economic activities.

If you are planning a long-term crypto investment in this coin, you must be aware of its tokenomics. Let’s have a look at them.

• Project name: DarkLume VR
• Symbol or ticker: DLUME
• Chian: BSC Chain
• Decimal: 6
• Total Supply: 35.95 Billion
• Market Cap: 53 Million USD

3.   Ripple (XRP)

Ripple’s XRP token, with a current market cap around $20 billion, stands as a major player in the cryptocurrency world. Designed for fast and cost-effective cross-border payments, XRP aims to revolutionize financial transactions.

Despite regulatory challenges, its partnerships with major financial institutions showcase its utility and potential. In the crypto world, XRP’s future hinges on regulatory clarity and adoption by global banks, positioning itself as a bridge currency.

With a strong community and technological advantages like speed and scalability, XRP remains a significant contender in the digital asset landscape, poised to impact global finance positively.

4.   Ethereum (ETH)

Ethereum is the second best-known crypto coin after Bitcoin. It is not limited to cryptocurrency but offers a platform where developers can build decentralized applications (DApps). The platform’s native currency, ETH, serves as the fuel for smoothly operating and functioning. It is also a means of transaction within the platform.

Features such as versatility, high potential for innovation, and much more fuel the transition from this platform to Ethereum 2.0. This new version of the platform attracts a vibrant community of developers globally across various sectors. Due to its widespread adoption it is positioned as one of the best crypto coins suitable for long term investment.

5.   Polkadot (DOT)

Polkadot is a multi-chain platform specially designed to facilitate the interoperability between various blockchains. The native currency of the Polkadot platform, DOT, serves various functions such as governance, staking, and bonding. The platform’s features, such as innovative architecture, ability to scale, and focus on decentralized governance, make it best for long term investment. With a growing ecosystem of parachains and projects built on the Polkadot network, DOT holders stand to benefit from the platform’s potential to reshape the future of blockchain technology.

6.   Chainlink (LINK)

Chain Link is a decentralized Oracle network that connects smart contract data with real-world data. This platform’s operators get incentives with its native currency, LINK, for accurate and reliable data feeds.

The platform’s role to smartly interact with the external data has gained a lot of attention from the developers community and enterprises both. With the increasing demand of reliable oracle solutions, LINK’s usage and its value both are expected to witness a great hike and a high potential of growth in the DeFi and blockchain segment of the financial industry.

So, the above-mentioned crypto is the best choice for long-term investment. Now, some investors might wonder why they invest in the long term instead of the short term or what the major difference is between the two investment types.

Conclusion

Thus, the article has shown some of the best long-term crypto investments an investor can make. 5thScape emerges as a promising candidate to give over 10x returns. Investing in the 5SCAPE tokens this June will skyrocket your investments.

How an investor would like to invest depends on his goal and risk appetite. Whatever time you choose to invest, it is important to conduct thorough research before putting in real money.