The range of cryptocurrencies that promise significant and sustainable growth is huge. A look at our list of the best HODL coins reveals token projects with great potential for long-term returns.
HODL these coins with profit
In the crypto world, certain coins stand out for their ability to generate long-term financial gains. Each of these options combines innovative technology with attractive returns. Find out in our HODL coins comparison why it is worth holding these special coins.
Mega Dice Token: best crypto airdrop of 2024
Base Dawgz: participate in the Base memecoin social airdrop
99Bitcoins: The best Airdrop 2024 Learn to Earn available in 2024
Sponge V2: Sponge V2 Coin employs a deflationary mechanism to preserve value; combined with rewards for its investors, this approach makes Sponge a high-quality option for HODLing.
Smog Token: With a gigantic SOL airdrop, it offers a lot of potential for short-term returns; thanks to staking, $SMOG is also suitable for HODLing.
eTukTuk: This green project offers ride-sharing solutions using blockchain and is transforming urban mobility, focusing on transport efficiency and sustainability.
What is HODLing?
HODLing is a popular strategy used by crypto investors who want to hold their holdings for the long term and are not affected by market volatility.
The term “HODL” originally came about as a typo (instead of “hold”). But this funny mistake quickly spread throughout the crypto community and has become a symbol. HODL stands for the deep belief that cryptocurrencies have real value in the long term and will continue to evolve. It is an expression of trust in the future of the crypto world and the belief that it will last in the long term.
HODLing is about not letting current market volatility drive you crazy. Instead of getting carried away by daily price fluctuations, HODLers focus on the long-term gains and the potential of the technology behind them. It’s a kind of optimistic fortitude amidst the wild ride the crypto world sometimes offers.
When does HODLing make sense?
Holding on to your crypto investments for the long term – or HODLing – is not only a sign of optimism but also a strategic move for future gains. It is an expression of confidence in the long-term development of the crypto market and the belief that the underlying technology will have real value in the long term.
This approach proves to be extremely effective in many situations and is therefore a fundamental principle for smart investors. The HODL philosophy is particularly useful in the following situations:
During high volatility: During times of high volatility, crypto markets are notoriously unpredictable. HODLing serves as a shield against impulsive decisions based on strong emotions.
For assets with solid fundamentals: Coins that have robust technological foundations and practical features are likely to experience sustainable value growth.
As part of a diversified portfolio: As part of a diversified portfolio, HODL investments can help offset the risks from short-term, high-risk transactions.
Confidence in the future of blockchain: The HODL strategy is suitable for anyone who is convinced that blockchain technology has the potential to revolutionize industries around the world.
Top HODL crypto coins in check
For our HODL crypto comparison, we have selected coins that embody the best features of HODLing and have what it takes to become the next new Coinbase coin. These coins are not only characterized by cutting-edge technology and strong community support but also have the potential to generate long-term profits.
So here are the best HODL coins that we firmly believe are best suited for long-term HODLing:
Mega Dice Token: best crypto airdrop in June 2024
The crypto casino Mega Dice launched its own token in April, the Mega Dice Token ($DICE), and at the same time announced the best crypto Airdrop in June 2024 for players in its community and amateur GambleFi investors ( Gaming Finance ).
In total, more than $2,250,000 will be distributed across three seasons:
Season 1: Stay active on Mega Dice and reach $5,000 in betting volume in 21 days;
Season 2: Stake any cryptocurrency from the start of the presale until the launch of $DICE;
Season 3: Maintain a pace of $5,000 in betting volume over 21 days.
Techopedia introduced you to the new $DICE token to buy based on the Solana network, which could be directly compared to $RLB (belonging to Rollbit Casino). Its presale was launched on April 17, 2024, and has already attracted more than $650,000.
There is still time to join Mega Dice to participate in this Airdrop: all you have to do is play one of its 5,000 available games to be eligible and receive a share of the $2,250,000 that will be dropped to the community.
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Base Dawgz ($DAWGZ): participate in the memecoin Base crypto social airdrop
Base Dawgz launches an engaging and rewarding Airdrop via Twitter (X). The “Be Social for Airdrop” program will reward the most active members of the community on X by allowing them to earn points and claim $DAWGZ as soon as the presale ends. These rewards represent 15% of the total supply or 1.267 billion tokens.
The $DAWGZ project reserves a total of 55% of its supply for its community members, with allocations provided for pre-sale, staking, and airdrop, ensuring participatory distribution. The rest of the tokens will be dedicated to the progressive development of the project.
As per the Base Dawgz whitepaper, the “Be Social for Airdrop” program will be rolled out during the pre-sale phase, allowing active community members to accumulate points to be eligible for a $DAWGZ Airdrop. In total, 15% of the supply will be distributed in the form of similar rewards, providing an opportunity for many participants to acquire tokens of this Meme Coin.
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99Bitcoins: The best Learn to Earn Airdrop available in 2024
Without hesitation, the Airdrop of $99,999 in Bitcoin offered by the 99Bitcoins Learn-to-Earn platform takes 2nd place in our ranking.
The ease of access of this airdrop allows even the smallest wallets to participate in 11 ways: follow all social networks, register on the training site, visit and participate in the $99BTC presale, and invite friends for additional chances of winning.
Well-known in the world of DeFi, the goal of 99Bitcoins is to offer a new, attractive way to learn about cryptocurrency. With more than 100,000 students already registered, its new L2E (Learn-to-Earn) concept already seems to be making noise, since nearly $1 million was raised in less than 30 days.
This Airdrop will allow 99 lucky people to receive their share of $1,000 of the total airdrop in $BTC, and to use them as they wish: to strengthen their position on $99BTC or simply to have fun!
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SpongeV2
The Sponge Token V2 (SPONGEv2) represents an advancement in the crypto space that expands on the impressive groundwork of its predecessor.
Sponge V1, which boasted a significant number of 13,000 holders, a market cap of $100 million, and a presence on more than 10 exchanges, was one of the 100x coins last year.
The exponential growth of the number of SPONGEv2 holders to 30,000 is proof of the influence of the Sponge community. It underlines the contribution of the token to the success of the entire crypto sector.
The mechanism for transitioning from V1 to V2 tokens is an ingenious move. By creating a direct correlation between the duration and frequency of V1 token usage and the accumulation of V2 tokens, it encourages the ongoing ownership and usage of V1 tokens.
However, the compelling argument for HODLing is Sponge Token V2’s innovative token transition and community model. SPONGEv2 stands out as an investment in the crowded crypto space by relying on a robust community and mechanisms that offer rewards for sustained engagement.
Chain ERC-20 Purchase method $SPONGEv2 Hard Cap 5,000,000,000 HODL potential 9.2/10
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Smog Token
The Smog token, which belongs to the Solana network and is traded directly on the Jupiter DEX, is poised to become the next meme coin phenomenon. The token takes its cue from the current meme coin trend in the Solana ecosystem to join the latest successful coins such as Bonk, Myro, and Dogwifhat.
The potential of Smog Token to outperform its predecessors is highlighted in its key marketing strategies, as the coin has been making waves on Jupiter DEX, a platform that recently surpassed Uniswap’s trading volume.
Smog’s goal of being listed on Binance, similar to Bonk, sets an important standard for the token’s market penetration and visibility.
The discourse surrounding the Smog Token implies that it is backed by the knowledge and experience of web3 veterans, suggesting expansion within the crypto industry. With a market cap of $2 million and an expected influx of $1 million in buying activity in the near future, this venture exudes security.
The exponential increase in Smog’s market capitalization from $2 million to $100 million provides a benchmark for evaluating the potential of Smog Token.
Chain Solana Purchase method $SMOG Hard Cap 51,600,000 HODL potential 8.6/10
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eTukTuk
eTukTuk offers a novel solution to a paramount environmental dilemma of our time: the ubiquitous carbon emissions and air pollution caused by TukTuks.
eTukTuk is at the forefront of the transition from internal combustion engines to zero-emission vehicles (ZEVs), addressing a major problem of urban pollution.
The urgency of a solution offered by eTukTuk is underlined by the fact that more than 270 million TukTuks contribute more to air pollution than cars due to their dependence on fossil fuels.
The transition to electric vehicles (EVs) is a crucial step to reduce the environmental impact of these essential modes of transportation. By leveraging the Binance Smart Chain (BSC) for scalability and efficiency, eTukTuk guarantees a far-reaching impact on its targeted audiences.
A masterpiece of cost reduction and sustainability is promoted through strategic partnership models with local electric vehicle charging stations (EVSEs).
The implementation of the “Driver App” simplifies the payment process for TukTuk drivers by facilitating transactions with $TUK tokens, thus providing an additional incentive to switch to electric vehicles.
For HODLers and long-term investors, eTukTuk is therefore an attractive proposition. In addition to the immediate environmental benefits, the company is well-positioned to expand and be economically sustainable.
Chain Binance Smart Chain (BSC) Purchase method $TUK Hard Cap 52,000,000 HODL potential 8.3/10
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HODL Cryptos – How to Identify
Determining which cryptos are suitable for HODLing requires astute evaluation and a calculated strategy. Often, these assets have special features such as a solid foundation, dedicated communities, and the ability to implement.
To identify these promising opportunities, we will discuss the three factors of potential analysis, the community, and the various crypto forums :
Potential Analysis
The potential analysis includes a thorough examination of the fundamental technology, market position, and growth prospects of a cryptocurrency.
This process evaluates the token’s technological innovation, white paper, and development team to determine whether the coin actually solves a practical problem. It is also important to evaluate the token’s offering mechanisms, including deflationary measures and staking rewards.
A comprehensive potential analysis aims to identify cryptocurrencies that have a solid foundation and a clear tendency for long-term value appreciation, making them suitable candidates for HODLing.
Community
A key factor in the potential longevity and success of a cryptocurrency is the strength of its community. An active community not only supports the project in a wide variety of market situations but also promotes acceptance and awareness of the currency.
WallStreetMemes (WSM) is an outstanding example of how a committed and active community can influence the price of a cryptocurrency.
The enthusiasm and collective actions of individuals underscore the importance of community support for the adoption and proliferation of cryptocurrency.
Forums (Reddit)
Forums, especially those hosted on platforms like Reddit, play a significant role in the cryptocurrency space by providing centralized places for sharing information, analyzing sentiment, and community participation.
When it comes to cryptos that are eligible for HODLing, two prominent forums stand out for their strong user engagement and valuable perspectives:
r/cryptoCurrency: This forum is a comprehensive repository of information about cryptocurrencies. It offers a combination of news, discussions, and advice, providing both novice and experienced investors with insightful knowledge about the broader dynamics of the crypto market.
r/CryptoMoonShots: With the goal of discovering the next big cryptocurrency, r/CryptoMoonShots is the authority on emerging tokens and speculative investments. By conducting due diligence, sharing insights, and discussing potential “moonshot” investments, the community proves to be an invaluable resource for individuals looking to discover early-stage opportunities.
Advantages and disadvantages of HODLing
Many investors rely on the HODL strategy in the volatile crypto market. This strategy has a variety of advantages and disadvantages that reflect the unique characteristics of the cryptocurrency space. These are the advantages and disadvantages of the best HODL cryptos:
Advantages:
Potential for significant returns: The maturity of the market offers a long-term investment opportunity that can generate significant returns.
Simplicity: HODLing is a straightforward strategy and does not require constant market monitoring.
Reduces the impact of volatility: HODL gradually mitigates the impact of fluctuations.
Belief in the technology: Advocates the expansion of blockchain adoption and supports innovative initiatives.
Disadvantages:
Market Uncertainty: Predicting long-term trends is difficult due to the possibility of significant fluctuations.
Opportunity cost: The funds held in reserve could have been invested in short-term ventures that yield greater profits.
Conclusion on the best HODL cryptocurrencies
HODLing, or holding cryptocurrencies for an extended period of time, offers a combination of potentially high returns but also risks. This strategy is particularly suitable for investors who firmly believe in the long-term potential of blockchain technology and are willing to accept the inherent market volatility.
Although HODLing simplifies the investment process and mitigates the impact of temporary price fluctuations, this particular investment strategy requires patience and a strong belief in the selected cryptocurrencies.
Ultimately, a diversified portfolio and careful research can help navigate the complexity of the crypto market and ensure long-term success.
The post Top HODL Coins for 2024 – Best Cryptos for Long-Term Gains appeared first on Blockonomi.