The crypto market is expected to do well in the next few years as demand from investors continue rising. Ark Invest expects that Bitcoin price will surge to $2.4 million by 2030, while BlackRock has placed a price target of $700,000.
This bullish Bitcoin price forecast will likely lead to more gains among other altcoins. This article explains some of the best crypto tokens to buy for 5x gains by 2030.
Best crypto tokens to buy for 5x gains
Some of the best crypto tokens to buy for massive gains by 2030 are Ripple (XRP), Solana (SOL), and Polkadot (DOT).
Ripple (XRP)
XRP is one of the best crypto tokens to buy for 5x gains or more in the long term. Its main bullish case is that it is growing its business in the payments industry.
It recently launched Ripple USD (RLUSD), a stablecoin whose market cap has jumped to over $316 million in less than 6 months, a trend that may continue in the next few years.
Ripple Labs has also recently acquired Hidden Road, a company that handles over $10 billion in volume each day. Its goal is to bring this volume to the XRP Ledger, a move that will increase the XRP utility and its token burn.
Further, there are signs that the Securities and Exchange Commission (SEC) will approve a spot XRP ETF later this year, a move that may bring at least $8 billion in inflows this year and billions more later this year.
XRP price will also benefit from the growing cross-border payment industry as it seeks to become a better alternative to Swift, a company that processes over $120 trillion in funds each day.
Polkadot (DOT)
Polkadot, a project started by an Ethereum co-founder, is another top crypto to buy for big gains in the future.
The main bullish catalyst for the DOT price is that it has formed a highly bullish pattern on the longer-term chart.
The weekly chart shows that the coin found a strong support at $3.82, a level it has not moved below several times since 2023. It has formed a triple-bottom pattern, a popular bullish reversal pattern.
Also, Polkadot price has formed the XABCD harmonic chart pattern and is about to move to the CD phase. If this happens, the initial target for DOT price will be last year’s high of $12, followed by the 50% Fibonacci Retracement level at $28.5, which is about 700% above the current level.
Read more: Polkadot price prediction: here’s why DOT may surge 500% soon
Solana (SOL)
Solana is one of the top crypto to tokens to buy and hold for huge gains in the future. It has become the biggest chain in the crypto industry, handling over 1.66 billion transactions in the past 30 days, a 48% surge from the previous month. It also had 104 million active addresses, much higher than other chains, combined.
Solana has also become the fastest-growing chains in areas like meme coins and decentralized exchanges. It also has a high staking yield of over 8%, making it a better income asset compared to the popular Schwab US Dividend Equity ETF.
There are rising odds that the SEC will approve spot SOL ETFS, which will lead to billions in assets in the next few years.
Other top crypto to buy for big gains
There are other top cryptocurrencies to buy and hold for big gains by 2030. Notable ones are Stellar Lumens (XLM), Arbitrum (ARB), Tron (TRX), Shiba Inu (SHIB), and Pepe (PEPE.
The post Best crypto tokens to buy today for 5x gains by 2030 appeared first on Invezz