Top 10 Potential Long-Term Gems With 20-50X Potential – Part 1

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Top 10 Potential Long-Term Gems With 20-50X Potential – Part 1

At Altcoin Buzz, we’re always on the lookout for quality altcoins. Specifically, altcoins that are long-term holds pique our interest the most!

Today, we’re looking at some more long-term gems with 20-50X potential. Now, are you ready to ride this bull run with us? If so, read on!

Gem #1 – ARC

First on our list of long-term gems is ARC. ARC is a project that aims to make blockchain coding universally understood and adopted. Its main products include these features:

  • ARC Reactor. This is the go-to AI tool for developers. It allows them to use any coding language for supported chains. The ARC reactor’s benefits include:
    • Crypto project development.
    • Lowering barriers.
    • Shortening development time.
    • Enabling cross-chain protocol maneuvers.
  • ARC Swaps AI. It provides generative audits for enhanced security and trust, revolutionizing the swapping experience. It also offers an AI Token Overview for quick access to vital token information. This empowers users to make informed decisions in the fast-paced DeFi landscape.
  • ARC Archimedes. Run instant audits. Answers all your questions. Explains contract vulnerabilities. In general, it’ll educate you in DeFi and Web3. In a nutshell, it’s like a ChatGPT for code.

In short, ARC is a strong project with good uses. It fits along the A.I. narrative. On top of that, it helps blockchains to improve its security and interoperability. Hence, we feel that its token, $ARC, could be a long-term gem.

Gem #2 – Lybra Finance

Next on our list of long-term gems is Lybra Finance. Basically, Lybra is a stablecoin project. Its stablecoin is $eUSD. What’s special about $eUSD is that it yields interest on its own. That is possible as its collaterals are Liquid Staking Tokens (LSTs). For instance, $stETH or $WBETH. Today, $eUSD can yield about 8% per year for its holders.

To improve $eUSD’s price stability, Lybra uses over-collateralization. In simple terms, collateral from $ETH LSTs deposited will always exceed the amount of $eUSD minted. Hence, the price of $eUSD is less likely to fall below $1.

Lybra Finance has its own token, $LBR. $LBR can be bridged to other blockchains through Layer Zero’s bridges. Its main use case would be governance for the Lybra project. Today, Lybra Finance has a Total Value Locked (TVL) of $238 million. It’s got a ton of adoption from DeFi users. That’s what we like about this project.

Gem #3 – Akash Network

Moving on to number 3 in our long-term gems list, Akash Network. Akash is a decentralized computing project. It is an open-source Supercloud. Its purpose is to allow users and projects to buy and sell computing power.

Akash is part of the Cosmos ecosystem. This is because it is built with the Cosmos SDK. In turn, this allows Akash to interoperate with other Cosmos projects. For instance, Injective, Cosmos Hub and Osmosis.

Akash’s own native token is $AKT. With it, you can stake on Akash’s blockchain to secure the network. While doing so, you can get a sweet yearly return too! $AKT also serves as a transactional and rewards token.

Why Akash? Well, A.I is a hot topic in the crypto space. Yet, it requires large amounts of computing resources to sustain. Akash serves this need well by allowing computing resources to be distributed effectively. Hence, we’re bullish on the $AKT token.

Gem #4 – Oraichain

Now, let’s talk about another one of our long-term gems, Oraichain. Similar to Akash, Oraichain fits strongly into the A.I narrative. Oraichain is a Layer 1 blockchain. It hopes to foster a thriving ecosystem atop said chain. These would include projects for DeFi, NFTs, tokenization and so forth.

To attract these projects, Oraichain has an in-built A.I oracle. This adds a layer of trust for data feeds for these projects. Its native token, $ORAI, has many use cases, such as:

  • Staking.
  • Paying transactions and fees.
  • Purchasing oracle services and data sets.

Moreover, Oraichain has a thriving ecosystem and strong partnerships in the space. This gives us confidence that it has good infrastructure for others to build on. And, it can leverage on its partner’s expertise to grow too.

Gem #5 – Bazed Games

Last but not least of our long-term gems in today’s list is Bazed Games. To summarize, Bazed Games is part of the gaming narrative. Its focus is on on-chain gambling. Within its online casino, it’s got a ton of games. In fact, it has the look and feel of a real casino!

Long-term gems - Bazed Games
Source: Bazed Games

Indeed, Bazed Games emphasizes a lot on its user’s experience. By leveraging on blockchain technology, it hopes to bring in players from all over the world. On top of that, it aims to build a strong community for its online casino too.

As for its native token, Bazed Games has $BAZED. In the future, $BAZED will have some use cases. For example, staking and revenue sharing from the casino’s earnings.

Conclusion

Well, that concludes our list of long-term gems in this article. We believe we’ve got a few good altcoins here. But as always, do your own due diligence before investing in any altcoins!

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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