Topic: Which cryptocurrencies are highly undervalued these days? (Read 1801 times)

SINOVATE looks very undervalued.



https://ibtimes.com/blockchain-projects-companies-you-need-watch-2020-2932457



https://www.forbesmiddleeast.com/innovation/startups/8-blockchain-startups-to-watch-in-2020


Coincheckup rating Top 42


https://coincheckup.com/coins/sinovate

That's for shitcoin but i believe if a good coin worth more than it considers the fact that the capitalization can be gotten easily. look at kickcoin which was making its capitalization goes to the top 100CMC instantly by doing a small effort. Those crap coins will have very small total capitalization.

Exactly. Both BSV and BCH are useless coins that are among the top ranks in market cap because of the "Bitcoin" brand/name than anything else. Their extremely centralized design (especially BSV) will lead them to their demise. When you combine both Bitcoin forks' valuation across the market, you'll notice that they've taken a large share of Bitcoin's dominance. The original Bitcoin (BTC) should've been worth a lot of money than what it is valued currently if none of the these Bitcoin spinoffs had emerged in the first place. But I guess that money talks more than anything else.

As far as other altcoins go, the majority of them that are active in development and innovation are also undervalued. So many coins out there with superior transaction capacity and lower fees than Bitcoin, that could've been worth a ton of money today. But no matter how good a coin is in terms of technology, it'll never be able to overcome "the King of Crypto" because the original cryptocurrency has first-mover advantage. It's this reason why many people still trust BTC over any other coin available on the market today.

Considering that altcoins depend on Bitcoin to go up or down in price, we'd just have to wait until the pioneer cryptocurrency (BTC) hits a new ATH across the market. I believe that undervalued coins like Stellar, NEM, Monero, & Waves have the potential to increase in price within a couple of years now. As soon as Bitcoin is worth more than $20k per coin, altcoins will experience new gains across the market. Hopefully, many of the undervalued coins we know and love today would experience massive adoption by people in the mainstream world. Just my opinion

Everything from top 50 except ChainLink, I think. And why ChainLink? Because it is the only one altcoin that maintains its value even when other altcoins fell by more than 90%, so for me it is an indicator that this altcoin has strong fundamental base, but we rather buy coins in a sale, right? 

I buy Litecoin and Bitcoin. These are my two favorite coins. because I do not believe in the high level of protection and reliability of other coins.

No, but altcoins that are clones of Bitcoin are. IMO the only thing they're doing is stealing some value from the original coin. People who invest in BSV and similar coins are doing it because they think it's Bitcoin, but cheaper, or believe that CSW is telling the truth. Do you see the paradox in this? They believe someone who was caught lying a number of times is actually telling the truth about being Satoshi. Compared to these coins BTC is the real king and it will one day swallow the value of some of those altcoins. You can believe in a lie for a whiole, but sooner or later the truth comes to the surface.

The highest market value of the cryptocurrency market cap is at $ 800 billion and currently the market cap value is at $ 250 billion and I think many coins have an undervalued market cap. But with the number of prospective coins or new tokens, altcoin which has the potential to generate profits can change compared to 2017. I think coins in the top 50 can be a good reference or at least in the top 100 coinmarketcaps

BNB has chance to climb more high value in the near future but I don't think its undervalued.It is just a token for an exchange and no utility like other decentralized coins.

I feel Monero is the most undervalued altcoin to be honest and the one primary reason for that their price wen down when their official website got hacked which put their privacy under a big question.

That's very interesting, so this means altcoins are the least priority?
man, sorry, but I would beg to disagree with you, bitcoin reach at this level is good but altcoins do have a future too and I think getting a very low dominance rate right now makes them so undervalued, but you can also be right, this is just how I think for now, I am betting on some altcoins though especially BNB.

Exactly. Bitcoin is way undervalued considering its limited supply and latest developments within the Blockchain space. With a Layer-Two solution like the Lightning Network (which is meant to provide instant transactions at a fraction of the cost), Bitcoin should've been worth more than $50k today. Even popular cryptocurrencies like Waves and Steem should've been worth hundreds of dollars across the market because of their unique features within the Blockchain space. Waves has its own decentralized exchange with fast settlement speeds and low transaction costs. On the other hand, Steem is the decentralized version of "Reddit" with no fees and quick transaction confirmation times. Not to mention, these cryptocurrencies are highly active in development and innovation. I guess that they're still cheap as people are focused on the big players across the market (with the intention of making money than anything else). If people were in it because of the technology instead of the money, you could've expected the aforementioned cryptocurrencies to have a higher price on the market by now.

The reason why Bitcoin forks like BSV and BCH have a high price is because of their limited supply like Bitcoin. Not to mention, these cryptocurrencies carry the "Bitcoin" brand/name which allows them to gain some attention from people in the mainstream world. Other than that, both BSV and BCH are extremely centralized with their huge block sizes (which goes against the value proposition of a Blockchain). Cryptocurrencies which focus on decentralization, and ease-of-use will have better chances of gaining traction across the market than those that are centralized by design. If we based ourselves on this, then Steem, Waves, Bitcoin, Ethereum, Litecoin, and every other decentralized cryptocurrency with real use cases for the mainstream world should've been worth a lot of money by now.

Nonetheless, it's good to know that there are many good undervalued cryptocurrencies out there as this brings a one-in-a-lifetime opportunity for you to invest while the market is still in its lows. Once major cryptocurrencies like Bitcoin and Ethereum experience a resurgence in demand across the market, you'll be able to achieve greater returns over your investment. Remember, it's not about making money but rather how you could use crypto and Blockchain tech for your own benefit. There are many coins out there with unique features that are quite useful for the "unbanked". I hope that more people would become aware of the benefits crypto provides on top of Fiat for the market to grow towards a $1 Trillion valuation. Just my thoughts

The whole industry is undervalued, but there are many instances of overvalued cryptocurrencies that aren't going to bring any positive change or adoption, yet they're taking some of the value that could go into other, much better projects. For instance, if only half of the money currently invested in altcoins with no future went into Bitcoin, it would create a rally that would qyickly escalate and take the whole industry to new highs. IOM, Bitcoin is the most undervalued coin of all and its clones like BCH, BSV, BTG, and so on, are the most overvalued.

As much as I try to understand what the poster meant by a coin being undervalued, your mention of Neo and Waves gives me a light on that. It's been a while I heard anything on the waves platform and hardly see projects there. All I hear in this forum since I joined is mostly about Ethereum blockchain.

On the other hand, buying a good project, yes this is quite cheap like you said but the problem is identifying those good projects. Most undervalued projects are good and it takes good research to fish them out.

I think NEO and Waves are still undervalued. In addition, the highest price of elastos is more than $ 70 and now it is priced at $ 2. There are lots of coins that are undervalued and I think the opportunity to buy a good project is quite cheap

You have a different meaning of what's undervalued and what's not popular. I highly appreciate your response to what I have said and I don't have anything against that.
Since it's your opinion and there's nothing wrong with what you have said and what you are believing.

Right now, I only interested in NEO, ETHEREUM, and XLM.
Last year I also interested in Cardano, but it seems the marketing team is not good. Until now, Cardano's price still not come back from its previous peak.

ethereum has shown good development, although currently experiencing price corrections, but I think it will end soon and according to my predictions the bullrun will soon be recalled graphically, there has been a double valley in the area of ​​support

well nem maybe but eth  ? oh hell no  , eth is not an undervalued coin because undervalued means something that is not popular . nem isnt that popular enough and many people are for sure havent heard of this coin yet  but except on me because im not new on this industry  and i spend most of my time on this forum and on other crypto related sites but you said nem have great benifits  ? then it should be an outsanding coin for god sake but no , not all people appreaciate it  , thats why its fall on the undervalued coins  .

ETH is undervalued IMO too. The latter that was mentioned which I think as undervalued today is NEM. This is an underrated and undervalued coin, I see that there are too many projects that became popular without any innovation.
But NEM is something different from these coins, just like ETH it also has a blockchain solution to offer to businesses and companies which is a good sign to be an undervalued project these days.

Does it mean that the time is right today to buy ethereum and waves? because I see ethereum prices have also increased quite well whether this is the effect of bitcoin prices that have increased or there are other things that make ethereum prices have increased, I am still waiting for the right moment to buy ethereum

BTC is of course undervalued. Probably the most undervalued coin out there if you compare how many people around the world have it and use it compared to other high market cap coins. They don't even come close to BTC's adoption.

When it comes to altcoins privacy coins could use some more value. Steem and Waves have potential too. They shouldn't be so low on CMC. There's so many coins that are higher for no reason, especially scam coins like BSV.