Crypto coins have become the best assets to buy and hold in the last decade. In this period, Bitcoin has moved from less than $10 into a $2 trillion juggernaut, while Ripple (XRP) has a higher valuation than top companies like Raytheon, Blackrock, and Citigroup. So, here are some of the best FOMO crypto tokens to buy and hold for a rich retirement.
Top FOMO Crypto Coins to Buy
Some of the best FOMO crypto tokens to buy and hold are Polkadot, Aerodrome Finance, Chainlink, and Monero.
Polkadot (DOT)
Polkadot is one of the biggest crypto coins in the industry, with a market cap of over $10 billion. It also has one of the biggest potentials as it embarks on the biggest change in its technology through the Polkadot 2.0 launch.
Polkadot 2.0 will introduce numerous features like an Ethereum Virtual Machine (EVM), allowing dApps in its ecosystem to communicate with the Ethereum network. It will also introduce elastic scaling, the use of DOT as the universal fee token, fast unstaking, and anonymous validators.
The daily chart shows that the DOT price has formed a double-bottom and a falling wedge chart pattern, pointing to a potential rebound. The icing on the cake is that Polkadot has one of the highest staking rewards in crypto. Holders make over 11% in staking rewards, higher than other popular coins.
Aerodrome Finance (AERO)
Aerodrome Finance is another top crypto coin to buy and hold. It is a leading player in the decentralized exchange (DEX) industry, where it allows users to swap and trade tokens. Launched in 2023, it has become the biggest DEX network on the Base Blockchain.
Aerodrome is also a good token to buy because of the ongoing surge in fees. Data shows that the network is making over $7 million in fees each week. Most of these fees are then distributed to veAERO voters. In the future, AERO will likely introduce a burning mechanism that reduces the number of tokens in circulation.
Chainlink (LINK)
Chainlink is another top FOMO cryptocurrency to buy and hold because of its role in the crypto industry. It has become the biggest oracle network, connecting off-chain data to the on-chain, and is now used by popular platforms like AAVE and Compound.
LINK is a good coin to buy because of the rising odds that the SEC will approve a spot LINK ETF this year. Also, the use case of Chainlink is expanding to include key industries like Real World Asset Tokenization (RWA). Its CCIP product is now widely used as the best protocol for cross-chain communication.
Chainlink has formed a cup-and-handle pattern on the daily chart and a bullish flag chart pattern, pointing to a strong comeback in the coming weeks.
Monero (XMR)
Monero, the biggest privacy-focused cryptocurrency in the industry, has largely been forgotten in the past few years. Since 2022, it has remained between the key support and resistance levels at $104.4 and $220 as several exchanges delisted it.
Technically, there are signs that this consolidation was part of the accumulation process. As such, there is a likelihood that the coin will bounce back in the coming months and possibly hit its all-time high at $517, up by 135% from the current level.
Other Best Cryptocurrencies to Buy and Hold
Bitcoin is still the best cryptocurrency to buy and hold because of its popularity among retail and institutional investors. However, Bitcoin is not for everyone now that the coin is trading at $100,000. Some of the top alternatives to consider are Hedera Hashgraph, Sui, Stellar Lumens, and Solana.
READ MORE: CCIP Upgrade Goes Live on All Mainnets as LINK Price Surges
