5 Top Crypto to Buy for Long Term Returns August 2022 Week 1

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This first week has been a blend of uptrends and downtrends. Although coins traded sideways throughout the week, they seem poised for a bull run as a late price rally has spilt over into the weekend. With this rally, it appears that the coming week could be pivotal for the market. Still, investors have to keep their focus on the long game. This is why finding the top crypto to buy for long-term returns is always the ideal investment strategy.

In this article, we’ll explore some of the most attractive assets in the market, poised to deliver long term returns for investors.

1. Tamadoge (TAMA)

TAMA is the top crypto to buy for long term returns. The digital asset is an interesting new meme coin that is already gaining investor buzz.

TAMA is the native token for Tamadoge – a self-styled “play-to-earn Dogecoin” that combines the sporadic gains of meme coins with the functionality and appeal of blockchain gaming. The Tamadoge platform revolves around doges – digital pets, which players can purchase and breed, represented by non-fungible tokens (NFTs). Players battle their doge against other players’ doges, and the winners receive the loser’s doge and TAMA tokens from Tamadoge.

Emulating games like Axie Infinity, Tamadoge’s developers are also working on building the “Tamaverse” – a metaverse platform where players would enjoy games, as well as other activities to explore and earn.

With TAMA currently available on presale, this seems like a good time to buy Tamadoge. The coin has a strong tokenomic model, with 5% of its total supply immediately burned whenever a purchase is made. This means that TAMA’s supply will constantly reduce, creating scarcity, disincentivising sales, and increasing the digital asset’s value.

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2. Lucky Block (LBLOCK)

Our next top crypto to buy for long term returns is LBLOCK – the native token for the Lucky Block NFT competition and rewards platform.

Lucky Block was built to provide access to an ecosystem of games. Investors can buy Lucky Block to play games in the ecosystem, enjoying seamless access regardless of where they are. LBLOCK, the platform’s native token, currently trades at $0.00082 – a drop of 18% in the past week.

LBLOCK is attractive for several reasons. The platform organises weekly prize draws and NFT draws, giving away about $50,000 weekly to winners of its draws as part of a broader marketing push.

At the same time, the asset’s V2 is also seeing growing adoption as it lists on multiple exchanges. LBLOCK V2 is already available on LBank and MECX, with Lucky Block’s developers expected to list it on more centralised exchanges soon.

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— Lucky Block Casino (@luckyblockcoin) August 1, 2022

LBLOCK V2 is attractive because it has no sales tax, meaning that investors can keep all their profits when they sell.

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3. Binance Coin (BNB)

BNB is one of the most popular cryptocurrencies in the world. The crypto asset is the most valuable exchange token, and it has continued to experience price gains thanks to Binance’s position in the market.

Trading at $319.97, BNB is up by an impressive 13.38% in the past week. It is one of the best-performing large-cap coins on the weekly chart.

Continued expansion from Binance provides opportunities for investors to buy Binance Coin and enjoy gains. Earlier this week, the broker announced that it had partnered with credit card manufacturer Mastercard to launch a crypto prepaid card for Argentinian residents. The card is expected to allow citizens to make withdrawals and purchases at any locations where Mastercard’s payment is enabled, offering an additional layer of functionality for crypto in the South American country.

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4. Ethereum (ETH)

Ethereum, the largest altcoin in the market, remains on the watchlists of crypto investors. And with the Ethereum blockchain on course for the biggest upgrade in its history, ETH is a top crypto for long term returns.

Ethereum currently trades at $1,661. The asset has been down by 3.68% in the past week, mirroring the overall market and the performance of the market leader, Bitcoin (BTC).

Despite the drop, investors can buy Ethereum. After years of work, the Ethereum Foundation appears poised to complete the Ethereum 2.0 transition this year, with a tentative date of September 19.

This merge timeline isn't final, but it's extremely exciting to see it coming together. Please regard this as a planning timeline and look out for official announcements!https://t.co/ttutBceZ21 pic.twitter.com/MY8VFOv0SI

— superphiz.eth 🦇🔊🛡️ (@superphiz) July 14, 2022

Ethereum 2.0 will mark the blockchain’s transition to proof-of-stake (PoS). This transition is poised to improve the blockchain’s scalability and use for developers. Its success could cause ETH’s price to skyrocket.

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5. Polygon (MATIC)

MATIC is the final token on our list of the top crypto to buy for long-term returns. The asset, which powers the Polygon Network, has benefited significantly from Polygon’s growth and expansion.

With a price tag of $0.91, MATIC has been down by 3.73% in the past week. However, we believe this is a good time to buy Polygon to capture gains down the line.

After onboarding projects in the now-defunct Terra ecosystem, Polygon was recently selected to participate in the Disney Accelerator Program. Polygon is expected to help Disney incorporate artificial intelligence and NFTs into its offering, which could signal even more collaborations for the network going forward.

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Conclusion – 5 Top Crypto to Buy for Long Term Returns August 2022 Week 1

We have reviewed five impressive coins poised to deliver huge returns for investors in the long run. However, the best crypto on our list for long term results is TAMA, which is currently available on presale.

Investors who missed out on the Battle Infinity presale have another opportunity to get in on one of the best crypto presales. TAMA’s beta sale ends in 26 days, after which the price rises by 25%. The sales have generated over $192,000 in a few days, revealing the huge potential for the asset to deliver massive gains for investors in the long run.

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