Invest in These Top 5 Layer 1 Tokens for Long-Term Gains

Top Layer 1 Tokens to Enhance Your Crypto Investments

In the evolving landscape of the cryptocurrency market, Layer 1 Tokens are becoming an excellent investment option. Layer 1 refers to the foundational level of a blockchain, which is the main chain of the network where blocks are added and transactions are finalized. These tokens provide investors with the security of traditional assets combined with the secure nature of blockchain technology.

Today, we present a new blog in our "Tokens to Buy" series, aimed at enhancing your investment portfolio and providing detailed information about the crypto market. The tokens we are discussing today include Monero ($XMR), Klaytn ($KLAY), Vanar Chain ($VANRY), Arweave ($AR), and Zano ($ZANO).

Must-Buy Layer 1 Tokens: Invest in These Top 5 for 2024

Monero $XMR

Monero (XMR) is a top privacy-centric cryptocurrency based on the CryptoNote protocol, offering a secure and private currency system. Monero uses a special type of cryptography to keep all its transactions 100% untraceable and unlinkable.

Currently, the token is trading at $173.39, which is approximately 79,729% higher than its all-time low of $0.2162 on January 14, 2015. With a market cap of $3,188,834,025, $XMR reached its all-time high of $542.33 on January 9, 2018. Given its excellent performance over time, it can be considered a great investment option. The most popular exchange for buying and trading Monero is Kraken, where the most active trading pair is XMR/USDT.

Klaytn $KLAY 

Klaytn is a public blockchain focused on the metaverse, gamefi, and creator economy. Launched in 2019, Klaytn is South Korea's leading blockchain platform. The Klaytn Growth Fund supports the business expansion of the ecosystem built on Klaytn to foster its growth.

Currently, this token is trading at $0.2153, which is approximately 254.9% higher than its all-time low of $0.06044 on April 29, 2020. With a market cap of $793,924,050, $KLAY reached its all-time high of $4.34 on March 30, 2021. This token has demonstrated excellent performance so far, making it a promising investment option. The most popular exchange for buying and trading Klaytn is Binance, where the most active trading pair is KLAY/USDT.

Vanar Chain $VANRY

Vanar Chain is specifically designed for the NFT (Non-Fungible Token) ecosystem and metaverse applications. This infrastructure provides a suitable base for digital collections, virtual reality, and interactive digital experiences.

Currently, the token is trading at $0.2207, which is approximately 371% higher than its all-time low of $0.04706 on December 18, 2023. With a market cap of $310,017,686, $VANRY reached its all-time high of $0.3723 on March 13, 2024. This token has shown excellent performance so far, making it a good investment option. The most popular exchange for buying and trading $VANRY is Bybit, where the most active trading pair is VANRY/USDT.

Arweave $AR

Arweave Network is a permanent and decentralized web within an open ledger for data. Its ecosystem is fully decentralized, making it stable, mature, and widely adopted.

Currently, the token is trading at $42.41, which is approximately 14,165% higher than its all-time low of $0.2988 on January 31, 2020. With a market cap of $2,780,602,065, $AR reached its all-time high of $89.24 on November 5, 2021. Based on the token's performance so far, it can be considered a good investment option. The most popular exchange for buying and trading $AR is Deepcoin, where the most active trading pair is AR/USDT.

Zano $ZANO

Zano is an open-source cryptocurrency ecosystem with enterprise-grade privacy, security, and scalability, serving as a strong foundation for confidential assets and decentralized applications (dApps).

Currently, $ZANO is trading at $2.47, which is approximately 1,597% higher than its all-time low of $0.1465 on December 16, 2019. With a market cap of $35,419,084, $ZANO reached its all-time high of $4.81 on May 20, 2021. Based on the token's performance, it can be considered a great investment option. The most popular exchange for buying and trading $ZANO is MEXC, where the most active trading pair is ZANO/USDT.

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