History shows that cryptocurrencies are some of the best investments in the market today. Recent data indicates that certain altcoins have transformed numerous individuals into crypto millionaires. For example, a $1,000 investment in Bitcoin in January 2011 would be worth $171 million today. Let’s explore some blue-chip coins that may help you become a crypto millionaire by 2030, say starting with at least $50,000.
Best altcoins to make you a crypto millionaire
There are millions of cryptocurrencies today, and many of them will likely not survive in the future. As such, one should consider some blue-chip altcoins with strong utility and technicals. Some of these altcoins are Binance Coin (BNB), Tron (TRX), and Pepe (PEPE).
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Binance Coin (BNB)
Binance Coin, commonly known as BNB, is a leading altcoin that could make you a crypto millionaire by 2030. First, it is associated with Binance, the largest crypto exchange in the industry, with over 230 million users. It is also the biggest part of Changpeng Zhao’s portfolio.
Second, BNB price may do well because of its deflationary record. Unlike Solana, BNB coins are regularly removed from the market through a process known as burning. Fees collected by the BNB Chain are partially burned, while the quarterly burn is based on the coin price and the number of block rewards.
Additionally, BNB Chain is particularly popular among developers and investors. It has over 6.5 million active addresses, making it the second biggest after Solana.
Furthermore, developers are continuously innovating, as demonstrated by the upcoming Pascal upgrade, which will enhance integration with Ethereum. BNB coin has a staking yield of over 5%.
Tron (TRX)
Tron is another altcoin that may make you a crypto millionaire by 2030. It ranks as the third-largest chain in the crypto industry by active addresses, with over 6.1 million of them. Tron is also a key backbone of the crypto industry because of the stablecoin volume it moves each day. It normally handles Tether volumes worth over $100 billion.
Similar to BNB, Tron consistently burns TRX tokens, thereby enhancing the value of the remaining tokens. Tron is also the most profitable player in the crypto industry after Tether. It has made over $486 million in fees this year. Therefore, Tron price will likely surge in the next few years.
Pepe (PEPE)
Most meme coins will crash and go out of business in the long term, but some popular ones will thrive in the long term. Pepe, a meme coin that may endure beyond the recent burst, has increased by over 2,300% from its lowest point in 2023.
Pepe is a highly popular Ethereum coin which has seen a rising number of addresses, despite the recent crash. It now has over 406,000 active addresses, increasing from 391,000 a month prior. There are signs that Pepe will thrive as many meme coins, especially in the Solana ecosystem, implode.
Other blue-chip crypto coins that will thrive by 2030
There are many other popular crypto coins to consider. The most notable of these tokens are Chainlink, Polkadot, Solana, Uniswap, and Lido DAO.
Disclaimer
The information provided in this article is for informational and educational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are highly volatile and carry significant risk, and do your own research.