The cryptocurrency market is full of surprises. With the current bull market momentum, the surge of new meme coins and altcoins drives the momentum ahead. While new coins can be lucrative for investment purposes, old and dependable coins are the ones that investors should primarily bet their money on.
The reason is that while new coins may offer a stellar profit spree driven by momentary hype, they can never outlive the charm of the old and reliable crypto coins.
Keeping this aspect in mind, here are our top three crypto picks under $10 that may deliver reliable long-term profits.
Top Three Crypto Coins Under $10 for Long-Term Profits
Cryptocurrency #1: XRP
Despite being embroiled in a legal battle with the SEC, XRP projects a powerful market stance. The primary reason why XRP is poised to gain future momentum is its diverse use case portfolio, which delivers the token’s unique identity.
XRP’s primary use is to bridge currency and offer a robust financial pathway to conduct seamless transactions.
“Using XRP as a mediator currency reduces the need for pre-funded accounts and enables more efficient transactions than were previously possible through traditional financial institutions.” Techopedia later shared
Per CoinMarketcap, XRP has noted a 7% increase in its price in the last month. Although dubbed gradual, the steady price momentum is what makes XRP a stable token to invest in and explore.
Cryptocurrency #2: Toncoin
Toncoin is another unique crypto token, built on the Ton network. The token is used for network operations, transactions, games, and collectibles developed on Ton.
Dubbed an open-source network, Toncoin can be used to serve a variety of use cases. Per its official website, the token can primarily be used as a processing fee for smart contracts. It can also be used to deliver payments, stakes, and cross-chain transactions.
Per CoinMarketcap, Toncoin has kept its pace steady, stable at 3.39, up 67% in the last month. Crypto has spiked 3% in the last seven days. With such diverse use cases, Toncoin can be an interesting token to explore to secure long-term profits.
Cryptocurrency #3: PolkaDot
Labeled as an open-source sharded multichain, Polkadot is another promising contender among other crypto networks. The network token “DOT” drives a plethora of transactions to foster a reliable Web3 ecosystem.
Per CoinMarketcap, “Polkadot provides a foundation to support a decentralized web. The one controlled by its users, and to simplify the creation of new applications, institutions, and services.”
The network’s long list of corporate alliances ensures its longevity in the sector. Per CMC, Dot has surged 15% in the last month, stabilizing at $9.01. With such a steady base of use cases, DOT may disseminate stable profits in the long run.