Knowing which cryptocurrency to invest in can be difficult with around 16,000 digital currencies presently in circulation. Leading cryptocurrencies such as Bitcoin and Ethereum experienced multiple highs and lows in 2021.

Overall, digital currencies had a fantastic year in 2021, boosting an already credible argument for their inclusion in the portfolios of more risk-averse investors. In this article, we’ll look at some cryptos that have long-term potential.

Why these Cryptocurrencies?

Before I get into these five coins with enormous potential, I’d like to make sure you understand why they were chosen in the first place. All of the coins were chosen based on their fundamentals as well as their popularity.

Check out the white paper.

Any cryptocurrency’s white paper essentially summarises what the cryptocurrency is about and what it is attempting to accomplish.

Read the webpage

On the website, it’s usually done a little more in layman’s terms. In addition, the coin website will outline the cryptocurrency’s roadmap as well as its vision.

Supply

Determine how that token is made, how it is consumed, and if there is a supply cap, what it is.

The Community & the Team

Examine the team’s performance. Do you have faith in the team, in their backgrounds, and in what the founders are about to do? The quality of a crypto project’s team can sometimes reveal a lot about how successful it will be.

Just like when buying a stock in a company, you want to know who the CEO is because that person will be in charge of the cryptocurrency’s overall strategy and success.

Look at websites or forums to see what people are saying about bitcoin, including the advantages and disadvantages. When researching cryptos, there are a few additional things to consider, but I prefer to stick to these five processes. Now let’s get into the best cryptocurrency to invest in India that has long-term potential.

GRT

Websitehttps://thegraph.com/Launch Date17-12-2020Total supply10,000,000,000

GRT is one of the most promising cryptos since its technology allows DApps and other blockchains to effortlessly connect. In a nutshell, GRT is the Google of cryptocurrency. This Ethereum token runs a decentralized protocol for indexing and accessing blockchain data.

The Graph indexes blockchain data from networks like Ethereum and Filecoin in the same way that Google indexes the web. This information is organized into subgraphs, which are open APIs that anybody can use to query.

The platform connected with various crypto exchanges just a few days after its introduction. The widespread availability of GRT tokens on several exchanges has resulted in widespread adoption of the tokens. It has grown into a thriving community that collaborates on data organization for web3.  The coming year appears to be much more promising for GRT.

StorJ

Websitehttps://www.storj.io/Launch DateLate 2018Total supply424,999,998

StorJ is a cloud storage platform that competes with Amazon’s and Google’s offerings. StorJ, on the other hand, manages its data storage using software and a network of computers rather than a firm owning and managing the software.

StorJ DCS is able to give privacy and security benefits as well as intrinsically superior economics than centralized solutions by bringing decentralization to cloud-based storage.

Price Prediction’s STORJ/USD projection for 2022 was lower at $2.25 on average, but the data predicted that STORJ might rise to $6.45 on average in 2025, $18.85 in 2028, and $58 in 2030.

Loopring

Website loopring.orgLaunch Date30-8-2017Total supply1,373,873,440

Loopring is an Ethereum-based software that runs on top of the Ethereum network (a layer 1, or base, blockchain). This implies Loopring aims to speed up the Ethereum experience by processing portions of Ethereum transactions on its own network.

According to Loopring’s developers, this allows the protocol to achieve a throughput 1,000 times higher than Ethereum, with peaks of 2,025 transactions per second. Unlike Ethereum’s exorbitant costs, Loopring transactions cost less than a penny.

Loopring possesses the characteristics that make some cryptocurrencies truly useful, and it has a high possibility of increasing in value in the next quarters. A GameStop partnership or merger could hasten the process, but Loopring could thrive even without this tie-up.

SKL

Website skale.networkLaunch Date30-6-2020Total supply4,620,291,631

SKALE addresses one of the most pressing issues in the crypto market right now: excessive fees. Every transaction on Ethereum, the world’s top-performing DeFi launch platform, is subject to a gas fee. SKALE (SKL) is a programmable multi-blockchain ecosystem that makes creating and maintaining new Ethereum sidechains a breeze.

The features and performance of this project imply that, while it may not be ready for immediate rapid growth, SKALE appears to be a promising long-term project to keep an eye on.

Zap

Websitehttps://zap.org/Launch Date 12-1-2018Total supply520,000,000

Zap offers an infrastructure that is designed to support decentralized apps. On the Binance Smart Chain and Ethereum Network, the token can be swapped, earned rewards by validating Oracle data feeds, mint NFTs, and raised cash using customizable bonding curves.

ChainLink, on the other hand, is a popular oracle service that is currently in development. While both Zap and ChainLink are oracle solutions, Zap is focused on creating a simple-to-use marketplace where smart contracts may connect to oracles through a single straightforward interface, while ChainLink is focused on decentralizing oracle data streams.

Zap is a long-term successful investment. However, future growth is contingent on a number of things, including announcements, new technology solutions developed by Zap projects, the crypto environment in general, legal status, and so on.

The volatility of crypto-assets can be extreme, with prices moving dramatically even within a single day. Those interested in speculating in digital assets should not risk more than they can afford to lose.