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Home Cryptocurrencies Store of Value Coins

List of All Store of Value Coins
November 2023

Store of value coins are designed or considered to be good choices for holding value. Whilst cryptocurrencies can be very volatile in price meaning the concept of store of value is questionable, there are some important characteristics of store of value coins that make them a superior choice if your objective is to store value. In particular a clear, predetermined structure on how new coins is created is an important factor.
Symbol Coin Name Price 7 Day Chart Highest CeFi Yield Highest DeFi Yield
Bitcoin logo BTC
Bitcoin
$37,785.35
-1.5% arrow up arrow down 24 Hr
6%
APY
Bitcoin Cash logo BCH
Bitcoin Cash
$227.97
2% arrow up arrow down 24 Hr
8%
APY
TrueUSD logo TUSD
TrueUSD
$1.00
0.1% arrow up arrow down 24 Hr
8%
APR
11.8%
APY
Kaspa logo KAS
Kaspa
$0.14
0% arrow up arrow down 24 Hr
Maker logo MKR
Maker
$1,466.32
-3.9% arrow up arrow down 24 Hr
2.5%
APR
<&nbsp;0.01%
APY
Bitcoin SV logo BSV
Bitcoin SV
$48.14
-0.8% arrow up arrow down 24 Hr
4.5%
APR
Pax Dollar logo USDP
Pax Dollar
$1.00
-0.1% arrow up arrow down 24 Hr
8%
APR
Terra Classic logo LUNC
Terra Classic
$7.53E-5
-2.2% arrow up arrow down 24 Hr
4%
APR
DCR
Decred
$14.66
0.1% arrow up arrow down 24 Hr
3.49%
APY
GUSD
Gemini Dollar
$1.01
-0% arrow up arrow down 24 Hr
RSR
Reserve Rights
$0.00261
0.6% arrow up arrow down 24 Hr
0.29%
APY
XNO
Nano
$0.74
0.5% arrow up arrow down 24 Hr
3.49%
APY
SUSD
sUSD
$1.00
-0% arrow up arrow down 24 Hr
NEXA
Nexa
$1.78E-5
0% arrow up arrow down 24 Hr
PIVX
PIVX
$0.36
0.3% arrow up arrow down 24 Hr
0.5%
APY
PPC
Peercoin
$0.34
-0.1% arrow up arrow down 24 Hr
THE
THENA
$0.15
0% arrow up arrow down 24 Hr
CRP
Crypton
$0.33
-0.1% arrow up arrow down 24 Hr
WOW
Wownero
$0.04
-1.2% arrow up arrow down 24 Hr
XBC
Bitcoin Plus
$1.97
1.3% arrow up arrow down 24 Hr
USDS
Stably USD
$1.00
0.3% arrow up arrow down 24 Hr
IRD
Iridium
$0.01
0.9% arrow up arrow down 24 Hr
FYD
FYDcoin
$0.000151
-2.9% arrow up arrow down 24 Hr
DANA
Ardana
$0.00176
-0.2% arrow up arrow down 24 Hr
XCHF
CryptoFranc
$1.11
-1.9% arrow up arrow down 24 Hr
INFINITY
Infinity Protocol
$0.00286
0% arrow up arrow down 24 Hr
42
42-coin
$60,492.25
0.2% arrow up arrow down 24 Hr
BITCNY
bitCNY
$0.14
0.2% arrow up arrow down 24 Hr
SCS
SpeedCash
$0.00454
-0.8% arrow up arrow down 24 Hr
DGX
Digix Gold Token
$50.26
-1.4% arrow up arrow down 24 Hr
KBC
Karatgold Coin
$0.000367
-1.1% arrow up arrow down 24 Hr
DPT
Diamond Platform Token
$0.14
0.1% arrow up arrow down 24 Hr
YEAR
Lightyears
$0.03
5.5% arrow up arrow down 24 Hr
1GOLD
1irstGold
$58.03
-1.2% arrow up arrow down 24 Hr
THR
ThoreCoin
$0.01
0.2% arrow up arrow down 24 Hr
GOOREO
Gooreo
$0.03
0.1% arrow up arrow down 24 Hr

What is the store of value coins?

Store of value coin prices is meant to stay stable or increase. Store of value coins is deflationary coins. There are mainly two types of coins with expanding maximum supply and fixed maximum supply. For example, there is only 21 million Bitcoin in total and there will not be one more Bitcoin when the last Bitcoin is mined. Bitcoin price has always gone up since its creation and its ecosystem is proven that it is commonly accepted by masses and it can be trusted and reliable.

There are new blockchain ecosystems and each ecosystem has its native coin. There is no perfect coin in the market as we don’t have a perfect fiat currency in real life. Bitcoin is contradicted by many authorities because of its extreme energy consumption. People are defending Bitcoin’s energy consumption and telling that the current banking system is using more energy and Bitcoin is reducing it.

The biggest problem with blockchain networks is called Blockchain Trilemma: how to adjust speed, security, and scalability. Because when you want a faster network, you need to compromise it with security or scalability. There are main blockchain networks with different approaches to Blockchain Trilemma. Ethereum is the leading blockchain network with the highest security but less speed and transactional costs. There are Avalanche, PolkaDot, Binance Smart Chain, Cardano, Solana, Terra, etc. They all trying to solve that trilemma and all of them are very promising.

If the project (blockchain network) is good, it doesn’t necessarily mean that its native coin price will go up in long term. Scarcity is an important keyword in long-term price predictions. You should be careful if a coin has a limited or unlimited maximum supply.

Why do we need a store of value coins?

Since the beginning of the first cryptocurrency Bitcoin in 2009, there are now thousands of different cryptocurrencies with different utilizations. There are different blockchains, ecosystems, protocols, Dapps, and Dexes. There are even meme coins that are created as a joke. But not all of them have a real-life use or promise to have a real-life use.

It is estimated that there are more than 15,000 cryptocurrencies in the world now. But it is also estimated that only a handful of them will last for the long term and most of them will just vanish over time.

It is very important to make sure we are investing in the right cryptocurrencies. Cryptocurrencies don’t have a long history and the market is still in its adolescence period. The general view on cryptocurrencies is that the prices will continue going up for the long term. In this article, you can find out which cryptocurrencies can be invested in for the long term. Store of value coins is a good choice for the long term if you don’t have a big risk appetite.

Types of store value Coins

There are mainly two types of store value coins; stablecoins whose prices are pegged to real-life assets such as US Dollar, Euro, Gold, or precious metals, and digital coins that are created on their native blockchain and have scarcity with their supply.

Stablecoins are pegged to a real-life asset in one to one ratio. For example, USDT, USDC, and BUSD coins are always worth 1$ USD. They are created and backed with real-life assets. PAXG is a gold pegged stablecoin and its price is always equal to gold prices.

On the other hand, there are deflationary coins that have its blockchain and have limited supply. There are debates about if Bitcoin is a store of value coin or not, but after 11 years passed since the creation of Bitcoin, its price is always going up and started to take more place in our daily lives.

Luna tokens are Terra’s native tokens and it is a very promising way of a store of value cryptocurrency. Terra’s unique algorithm allows Luna to be a store of value coin. The network has its stable coins pegged to fiat currencies for example UST for US Dollar, TerraEUR for Euro, TerraGBP for sterling, TerraJPY, and for its home country TerraKRW for Korean Won.

There are many more stablecoins pegged to real-life assets such as diamonds, gold, and different country’s fiat currencies. There are also different stablecoin protocols built on blockchains such as Ardana. Since the cryptocurrency markets are too volatile, different platforms and protocols are trying to solve this problem. Chai is one of them and trying to be a future cryptocurrency payment system.

Advantages of Smart Contract Coins

You probably have heard about if you bought 1$ of Bitcoin 5 years ago or 7 seven years ago, it could worth that much. Cryptocurrency investment is very rewarding but most of the coins haven’t proven themselves. Bitcoin and many other big major cryptocurrency prices went up too high from where they started and we might be still at the very early stage for cryptocurrencies adoption. Make your own research about different leading coins and invest at your own risk.

During the pandemic, almost all central banks in the world printed more money than ever before and we are witnessing increasing inflation rates even in developed countries. High inflation is very unfamiliar for developed country citizens. At the same time, since the pandemic started, cryptocurrency prices skyrocketed. People who invested in store of value coins before the pandemic have more profit than those who simply hold fiat currency and put it in a saving account.

The good thing about the store of value coins is you can stake or put them in a saving account and receive a passive income. Many store of value coins have a use case in their ecosystem and network. You can use those coins for the transfer of funds or governance in their network. Terra networks’ Luna is a good example for that.

How to buy store of value coins?

You can buy store value coins on a centralized or decentralized exchange platform like many other coins. Centralized platforms allows you to make purchase of store value coins with fiat currencies such as Dollar, Euro, or Sterling. Decentralized exchange platforms requires an crypto wallet with some crypto funds. You can visit wallets or platforms pages on our website. You can choose the best platform or wallet that fits your needs.

The most store of value cryptocurrencies are not regulated and traded without a custody behind them. Invest in store of value coins at your ow risk.

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Article by Yunis
30 June 2021 (Updated 29 November 2023)
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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