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Topic: My Own Top 10 Undervalued Cryptocurrencies Back By Solid Cashcow Business Model. - page 2. (Read 327 times)

newbie
Activity: 19
Merit: 0
I'm afraid to admit it, I bought some xrp last month because of the freaking logic ripple is not the xrp ledger lol

We are in very tough times, and this month Blocknet saved my ass... Which makes me still sitting good.

So the least that I can do now is to believe and be proud of my goals haha

BTW, I got my ENJ at $1.07 and BLOCK at $2.1  Cool Cool Cool
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
In my list I would put the following:

1 - ETH
2 - BNB
3 - Blocknet

LTC is a good option too, but with so many good projects I think LTC will only serve people when they want to make quick and cheap transfers, I highly doubt that I see a big bull run at LTC

XRP Is just waste of time and money, better to look for other projects than to be investing in something that you don’t even know what the future will be

GTFO with XRP!

 Grin

I still don't understand why people don't forget XRP
newbie
Activity: 3
Merit: 0
1. Decred
2. HavenProtocol (xhv)
3. Blocknet

This is all you need  Wink
sr. member
Activity: 364
Merit: 250
GTFO with XRP!

Blocknet is definitely one to watch though.
newbie
Activity: 19
Merit: 0
In my opinion, development efforts and transparency always make a strong candidate to consider. I still believe that we will see some amazing things in 2021.

There are more than seven thousand (7,000) crypto titles in the world right now. This means that there are a lot of options to choose from, you might lose track. Of course, a little research on the internet would help a lot to determine which blockchain is outstanding and popular at the moment. Even crypto experts would choose crypto that offers a promising benefit in the days to come.

Just like in the practical world, there are contemporary trends that can easily be caught the attention of consumers. There are also those who are given little to no attention, considering their effect and influence in society does not reflect too much change.

In the blockchain world, we call those undervalued cryptocurrencies. As briefly defined in trading-education.com, undervalued cryptocurrencies are those that do not provide anything new or simply cannot be marketed as real game-changers. Most of these coins are actually still being patronized by many users. Being labeled within the group of undervalued cryptocurrencies does not necessarily mean that it is over, it's just that these platforms do not pose intimidating future projects that will help them be marketed to a greater number of businesses and investors. The flow of business markets is ever-changing.

To be consistently popular, cryptocurrencies must be supported with regular updates and innovative projects that will promote their cause efficiently. Proper exposure and endorsement especially in the most supported social media platforms would also be a big help. This will attract people and businesses to spare some time to read and consider what is new and how can they earn benefits from the network.

Another big factor that makes some cryptocurrencies undervalued is the reality of the continuously growing number of many alternative coins. The greater and bigger the crypto market, the harder it is for blockchain names to compete and be known.

With that being said, here are the top ten (10) undervalued cryptocurrencies despite their names being known by many:

10. XRP (Ripple) **High risk with SEC Lawsuit but I include it as supplementary information to add to the existing knowledge.
– to realize the vision for the internet of value, XRP was founded in 2012. Its native coin Ripple is known as a real-time gross settlement system that is a currency exchange and a remittance network at the same time. Ripple is claimed to be the most efficient settlement option that is accepted in financial institutions, liquidity providers, and interbank flows. Following its price chart, the XRP has been considered undervalued due to the low potential impact and its steadily lowering trading volume and price. According to Trinity's research and prediction, new users coming into the crypto space may not care that XRP is not decentralized compared to other blockchains and users may also like that XRP transactions are extremely fast. It shall also be duly considered that XRP can be staked, allowing its clients to part their XRP and earn interest while they are not using it for trade settlement. This option would actually lead to the higher demands for XRP both as a way to profit and settle digital transactions around the world.

9. Dash (Dashcoin) – launched in 2014 by Evan Duffield and Kyle Hagan as a fork of Litecoin, Dash is an open-source blockchain and cryptocurrency-focused on providing a fast, cheap, and reliable global payments network. As provided in its whitepaper, Dash seeks to promote Bitcoin by providing stronger privacy and even faster transactions. The project relies on a network of masternodes whose servers are backed by collateral held in Dash to provide scalable and user-friendly payments. Just like that of Litecoin's situation, Dash's price has significantly gone downwards in the past months, unlike its high range in the December of 2017. Dash offers unique features not found elsewhere, such as its ChainLocks mechanism that protect its blockchain from attacks, InsntantSend, and CoinJoin which makes the use of the platform a lot easier. Its future roadmap offers a lot of improvements for the blockchain, and its adaptive nature shall help it to become one of the greatest cryptocurrencies to look forward to.

8. EOS – EOS is a platform designed to enable developers to establish decentralized applications and embrace blockchain technology as a network of innovation. It was also described as a decentralized operating system that is able to run enterprise-grade and industrial-grade decentralized applications. The company is named Block. One created the EOS.IO in September 2017. To date, it has now over one hundred (100) decentralized applications. The network is also scalable to other blockchain networks and has the capacity to transact millions of data for free. The beginning of EOS in 2018 was impressive as it was able to reach a high price of twenty (20) USD. However, its price went downhill and has been stagnant throughout the years. Worry not, the EOS community has envisioned further enhance the horizontal scalability that will allow it to perform parallel transactions and contracts. The crypto market has also acknowledged the capacity of EOS to defeat Ethereum and become the leading smart contract platform in the near future due to its powerful innovation that can secure millions of EOS transactions per second.

7. Theta – is a blockchain-powered network purpose-built for video streaming. Theta was launched in March 2019 and was co-founded by Mitch Liu and Jieyi Long in 2018. It is a decentralized network to which users share bandwidth and computing resources on a P2P basis. Theta aims to destroy the centralized governance of the video streaming industry, improving it to establish a more solid infrastructure and lower costs for a better entertainment experience. Its co-founder, Steve Chen faithfully believes that the project will able to diminish the costs of video streaming and make it effortless for next-generation video content creators. Though named as undervalued, Theta has showcased a remarkable price improvement for the month of March 2021. It has also introduced its very own Theta Mainnet 3.0: TFUEL Staking and Burning, providing the two new protocol innovations of Elite Edge Nodes and TFuel burning. Theta's trending innovation is expected to boost its price in the next coming months.

6. Enjin Coin (ENJ) – the Enjin project focuses on providing blockchain-based gaming products. The platform offers its one-of-a-kind product, the Enjin Network, a social gaming platform through which users can establish websites, chat, item stores, and many more. Enjin was founded by Maxim Blagov and Witek Radomski as a gaming community platform in 2009. It was deployed on the Ethereum mainnet in June 2018. The Enjin Coin is mostly utilized by game developers to create ERC-1155 tokens, which in turn can be sold and traded on the Enjin Marketplace. Even though it was skeptically accepted in the last year, the Enjin Coin has made its grand debut at the start of the year 2021. It will soon be ready to launch its network called JumNet, a high-speed bridge network that will allow free, instant, secure on-chain transactions of ENJ and ERC-1155 tokens. The Enjin Coin is expected to boom in the second to the third quarter of 2021.

5. Blocknet – a decentralized network that connects blockchains, whether, through cross-chain decentralized applications or even using the protocol as a second layer to extend the blockchain functionality, Blocknet provides its developers the authority to establish applications that will secure digital transactions. It is aiming to be the "Internet of Blockchains" through inter-blockchain connective services. Dan Metcalf and Arlyn Culwick founded Blocknet in 2014 as a fork of PIVX. Blocknet is tasked with the connection and integration of different blockchain systems to create and establish a cohesive ecosystem. It is composed of three (3) suite products namely; XRouter, XBridge, and XCloud. These three elements work altogether within the Blocknet Protocol to maintain its decentralized exchange services towards users, clients, and even developers. Its native cryptocurrency BLOCK has been considered undervalue, as its value remains consistent, consecutively increasing and decreasing over the past months. Despite the backlash, the roadmap of Blocknet remains positive. The community is tediously working on the platform's improvement in trading volume and faster transmission of data, the introduction of the ERC20 version in the native BLOCK token, and substantial support for consensus algorithm. Blocknet is also anticipated to grow in the year 2021.

4. Binance Coin (BNB) – one of the most well-known cryptocurrency exchange platforms in this day and age, with an average daily trading volume of over two (2) billion USD and processes more than one point four (1.4) million transactions per second, the Binance application offers to the trade of many different cryptocurrencies like Bitcoin, Dogecoin, Ethereum, Polkadot, Cardano, and many more. Despite being well-known, Binance is still considered an undervalued cryptocurrency to this day. It was founded by Changpeng Zhao which was originally based in China but was later moved to Japan to address the concerns on the increasing regulations and demand for cryptocurrency. Binance is known for having insurance protection for its crypto traders, accompanied by its multi-level security features to avoid any loss of investments. Its unique burn-down policy ensures that its network will steadily grow and adapt to the future changes in the market. It was also able to establish its support departments such as Binance Academy, Binance Research, Binance Cloud, and many more related institutions that will help the network's financial undertakings. Even with all of its aspiring features, Binance is still called the DeFi stooge since its image cannot stray away from the Binance title. It shall be pointed out that Binance's market value has greatly increased in the first month of 2021, and is expected to surpass itself despite the negative feedback.

3. Litecoin (LTC) – Litecoin is a cryptocurrency launched in late 2011 by the former Google and Coinbase engineer Charlie Lee. It was crafted based on the Bitcoin protocol but differs in terms of the hashing algorithm, hard cap, and many other factors. It processes block at two point five (2.5) minutes, significantly lower than Bitcoin's ten (10) minutes. As of January 2021, it is one of the most widely accepted cryptocurrencies in the world, with more than two thousand (2,000) stores accepting LTC as payment. Even though Litecoin is publicly known, it is considered undervalued due to its stagnant and low pricing. It has lost its value over the last few months, compared to its very high price range in the late month of 2018. To be prepared for the future, the Litecoin community is closely working on its MimbleWimble code to be reviewed on the second week of March 2021. This improvement suggests a big impact and increases LTC's value in the days to come.
 
2. Ethereum (ETH) – also known as the first second placer following Bitcoin's largest market cap, Ethereum is a blockchain-based software platform that runs smart contract functionality to enable developers to build on top of its network. The blockchain went live in July 2015 as it was initially proposed by Vitalik Buterin. Applications that run on Ethereum are backed by the platform-specific token named Ether (ETH). Ethereum is also titled as the first programmable blockchain and the world computer, allowing developers to participate within the network to develop their respective projects, as well as replacing centralized servers with thousands of so-called "nodes" run by volunteers all over the world. Its community has launched the Ethereum 2.0 in December of 2020, with its proof-of-stake mechanism, abandoning the traditional proof-of-work intensive process and introducing the sharding, efficiently increasing the network's resource usage. Ethereum is surprisingly being played down, despite being effective towards producing fruitful rewards. Other investors did not pay too much attention to what Ethereum's future would bring. To date, ETH's price is steady and consistent. As Bitcoin's direct competitor, it is expected to climb and rise to the top charts.

1. Bitcoin (BTC) – the oldest cryptocurrency founded in 2009 by Satoshi Nakamoto, Bitcoin is unexpectedly undervalued despite its popularity and largest market cap and trading volume. As the founding father of crypto, its software is free and available online for any enthusiast who would like to venture into the aspects of Bitcoin and furnish their own copy of the blockchain. Bitcoin uses P2P technology to operate with no central authority or banks. It has led to the creation of thousands of alternative coins that we can see and utilize nowadays. Bitcoin's drawbacks include its investment instead of day-to-day currency schematics, scalability issues, and inefficient energy consumption which makes it undervalued even if it is living for more than a decade already. Regardless of all the negative and harsh claims, Bitcoin is still one of the leading crypto titles today. It has also reached its all-time high price of more than forty thousand dollars ($40,000), and is expected to grow even further and exceed skeptical expectations.

One thing is certain, the clash of cryptocurrencies is only beginning, and is too far from the end. The rise and fall of crypto titles will for sure be indecisive. To invest in certain crypto requires patience and commitment. It also entails a high deal of risk, you lose or win depending on the stake you are willing to offer. One must always be prepared for the inevitable changes, whether they may be beneficial or detrimental. The advent of blockchain companies and numerous cryptocurrencies will continue to thrive over the years. The choice to invest is yours to decide.
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