Blockchain cryptos, also known as on-chain cryptos, are cryptocurrencies that operate on their own blockchain. By running on their own blockchain, they provide a platform for other cryptos to operate. In my opinion, these cryptos lay the foundation for the current and future state of the cryptocurrency market. If you are looking to invest in crypto with a long-term perspective, these assets are worth considering.

Why Invest in Blockchain Cryptos?

  1. Organic Price Movement: They often experience organic, healthy price movements, which may be slower but are more stable.

  2. Rug-Pull Resistance: These cryptos are less susceptible to rug-pulls, meaning you rarely hear about these projects being abandoned.

  3. Staking Rewards: You can earn dividends in the form of rewards by staking these cryptos.

  4. Airdrops: Many new crypto tokens launched on these blockchains offer airdrops (free tokens) to their holders.

  5. Reliability: They are generally more reliable for long-term investment compared to other types of cryptos.

  6. Scarcity: There are fewer on-chain cryptos compared to other crypto classes due to the significant time and resources required to build them.

Considerations

While these cryptos can be lucrative, they can also face negativity from their community if they fail to deliver on promises like airdrops, which can affect the coin's price. Community support is crucial, so this is an important factor to keep in mind.

Promising New On-Chain Cryptos

Here are some newly launched on-chain cryptos to consider:

  1. $KAS

  2. $ARB

  3. $OP

  4. $MANTA

  5. $SUI

  6. $SEI

  7. $DYM

These are but a few.

Final Thoughts

Investing in cryptocurrencies is highly risky. Always invest only what you can afford to lose.

#altcoins #VanEck_SOL_ETFS #MtGoxJulyRepayments #IntroToCopytrading #LayerZero