Four Cryptos With Bright Prospects For Long-Term Investment

JAKARTA - As the first half of 2024 was marked by a bullish trend, hopes for the second half of this year are increasing. Predictions about the altcoin and bull run seasons that will occur at the end of the year add to optimism among market players. Some cryptocurrencies have shown impressive performance, outperformed Bitcoin and recorded significant year-on-year returns (YTD%). According to CoinGape sources, here are four cryptocurrencies worth considering for long-term gains so far this year.

Solana (SOL): New Star In Crypto Sky

Solana, with soaring popularity thanks to a very profitable meme coin, has become one of the new stars in the crypto sky. Solana's price is currently at 160.95 US Dollars (approximately IDR 2.6 million) with a market capitalization of 74 billion US Dollars (approximately IDR 1.2 quadrillion). With only 38% of the all-time high target (ATH) of 260.06 US Dollars (approximately IDR 4.2 million), Solana offers promising growth potential for a solid investment portfolio.

Binance Coin (BNB): Token with Strong Foundation

BNB, the original token of the largest central market, Binance, has reached a record high of new all-times of 720.67 US Dollars (around Rp11.7 million). Currently, the price of BNB is 649.20 US Dollars (around Rp10.5 million) with a market capitalization of 95.8 billion US Dollars (around Rp1.5 quadrillion). The fourth most popular among thousands of cryptocurrencies, BNB promises high potential for long-term growth.

Pepe Coin (PEPE): Meme Coin With Big Profits

PEPE, as the second-largest profit earner of the year, has recorded an increase of 975.65% in YTD%. While currently in the correction phase, trading at 0.00001258 US Dollars (approximately IDR 0.2), analysts predict an increase of up to 0.00003 US Dollars (approximately IDR 0.49), making PEPE a viable asset for investment this year.

JasmyCoin (JASMY): Hidden Potential

JASMY, although it has decreased nearly 99% since its peak at 4.99 US Dollars (approximately IDR 81,287) three years ago, has shown an impressive trend of profits with an increase of 558% this year. Trading at 0.03863 US Dollars (approximately IDR 629.28), JASMY has a long way to go to compete with hundreds of other profitable cryptocurrencies, but its potential to soar to 1 US Dollar makes it worth considering.

These four cryptocurrencies offer bright prospects for those looking for long-term investments in 2024. Paying attention to market developments, investors can consider embedding these assets into their investment portfolios to optimize future profits.