Bitcoin Forum

Which top 30 coinmarketcap rankings are most undervalued and why do you think this?

As per my knowledge , the new coins such as Celestia still undervalued. its a unique project. Do your own research before investing

There are lot of coins which are undervalued but unfortunately all of them cannot reach the peak and for an instance of we have a look at ADA and ICP these are the coins which I thought would be booming but unfortunately they couldn't meet the expectations but I will stick to them if we are talking about undervalued coins. Since this crypto space is unpredictable we may see some good coins not getting push and shit coins creating havoc with crazy pump.

They are part of top 30 so they're not undervalued but if you check them out and see for the thoughts of their future.
Then, there's likely that many of them shouldn't really be part of the top 30. In short, it's hard to say. I can be bias if I say a project or just want it to get out of the top 30.

How can a top ranking crypto which got ranked due to market capitalization on CMC be undervalued? It is their on the top 30 list because a lot investment was made to bring it's price up from listing price on an exchange. You are asking the wrong question and it is better you understand market capitalization before coming up with a new topic.

there are 2 coins that I still believe to be underrated considering the situation and the
situation of the market now and those are these coins and i think there are still best that will come .

https://coinmarketcap.com/currencies/solana/
https://coinmarketcap.com/currencies/xrp/

but of course there are only small of those sitting in my folio because I still have lots of good coins .

There are many coins you could discover from this category once you're able to make use of the coinmarketcap app and run a check from the list performing coin among others using their respective market capitalization, but the funny thing about that is that you find out they are common with the newly launched coins and that doesn't means that they cannot later perform well as expected.

The top 30 to me have quality cryptos and a few that are meaningless but exist seemingly out of fomo from the community. Although I don't think about undervaluation, if I express a speculative vision of the future then all crypto is undervalued.

Like in the case of Bitcoin, to me the current valuation and the outlook 10 years from now could be really different. So perhaps the way you're communicating is looking for things in the short or medium term, and that means you can choose any category that you like and wait for a bullish cycle to happen that meets your desired target wait for completion.

But I still want to mention more about the case that I have always paid attention to in recent years about LINK, ATOM...their position has always been maintained at a stable level so I also look forward to a breakthrough in the future.

top 30 A diverse measure of cryptocurrencies that may be manipulated due to increased demand and changes in the total supply, but among the top 30 cryptocurrencies, I see that LTC, DAI, Ethereum ClassicETC deserve a better position, and StellarXLM and MoneroXMR are considered outside this list, but they deserve A place on that list.

agreed with this, if they make it to top 30 that means it is biggest 30 top valued coin can't really say they are undervalued if they could make it big with their market cap.
though considering that the gaps between each top coin might be huge, there could possibly be some coin that are "undervalued" but this just means that its not valued as high as its competition such as SOL not valued as high as BNB despite we all know its where the meme coin trends are.
but overall they got their current market capital for a reason and really none of them are undervalued.
this is one of coin that i think most underrated, the dapps in this blockchain is currently growing, surely in the future it could be as big as solana.
bad news its below top 30 more specifically its ranked 54 by market cap, might be out of OP choices, but this coin does indeed sounds promising.

It's really wrong. There are no undervalued tokens in the top 30 CMC. How can you find undervalued token among billions marketcap tokens? What you have been asking totally a non sense thing. If you are looking for a good token the go to the L1 or L2 token.
It will give you a chance to get profit simultanously from holding or staking your token. If you are looking for a token which is still undervalued even though it has billions marketcap, i must say sorry. you will never find that.
All of billions market tokens have been growing up a lot. They are having very big value. There are no undervalued token in the top positions of CMC.

For me, if you want some high-risk high reward, go for new altcoins that are able to reach the top 30 like months - 1 year.
But just don't forget some network chain altcoin, like some layer 2 networks also. Or even Ethereum, because if you compare it to Bitcoin versus these altcoins all-time high, there's still a lot of room above just in case if we will visit all-time prices again.

I'm still figuring out what to choose now, most undervalued coins was showing volatility during fluctuations. Everybody should be careful in taking risk on certain choices before deciding which of them will be the most potential to hit the hype.
My experiences was not that good, my ethereum tokens that I hold was really suffering for years and never come back being profitable.

That's not wrong but you're right about that all of the top 30 aren't undervalued as that ranking is already high. Someone has got to check each of them with how the charts look like. Having that moment of yours in checking them which have performed well, not yet and you think will be performing better will be depending on how you perceive the projects and much better if you've got more time in researching their tokenomics and communities.

It may seem high compared to top 40, 50, and above but not higher than in top 10 and below. I'm with the OP. Maybe there are some there who deserve a better spot because there are also coins under top 10 who don't deserve their spot. If one is really serious on this matter, then they might checked it.

This one is more worthy to do than checking the new coins because we might end up wasting our time on them and the rate at which we can get scammed is much higher. There is a proper basis to follow on how we perceive a project and it must not based on our own because we might lack in knowledge and experience for this.

Yeah I think that's a good option to choose but keep in mind that this project cant give you a large amount of profit. Yes it might give you some good profits on trades but expecting it to go 4x or 5x is not possible in my opinion.

Yes there is no doubt that this coin has strong management and its products are marketed good but it can't given multiple time profit.

USDT, USDC and DAI  ;D

Nah... ok i'll play and say TON (lots of liquidity coming to the chain plus everybody uses tg) and NEAR (these guys build, build, build).

But not too far from top 30, you have :
-MNT . it's bybit and lots of incentives are being given to the users of the chain.
-and SEI .parallelized evm, look it up it's the new thing. SEI and MONAD are gonna compete for the #1 spot in that category. SEI is still at devnet stage which means there's nothing there, just speculation. once mainnet goes live and defi arrives on the chain, ooof it's gonna pump like hell.

I think you should look for undervalued coins outside of the Coinmarketcap Top 100. It is there that a large number of coins are concentrated, which can potentially increase in price tens, and in some cases hundreds of times. In any other case, you will not be able to get such a profit if you invest in the Top 30.

I suppose you're buying ethereum at peak and indeed right now even ethereum hasn't reached its all time high, making the ethereum holders of back then that bought at ATH keep suffering unlike bitcoin where it has already reached peak most ATH holder probably already cashed our or even waiting for another bullrun so that they can double their money if bitcoin somehow hits $100k.

finding undervalued coin as much as my understanding always poses risk of the coin tanking instead, they are undervalued sometime for a certain factor that is probably because their project aren't good enough so their coin just stagnating.
its really hard to find hidden gems like solana back in the days after the massive dumping with the incident of FTX right now such coin doesn't exist anymore since we're already in the bullrun season.
probably only possible to find undervalued coins when there's bearish season where quite literally everyone are just dumping their bags because fomo and afraid of losing further.

Bitcoin.  Seriously some might think it's too late but people are still early.  It's getting integrated more and more with every new project or business that looks to expand upon it.  The real integration and use will come when the first generation that has never seen a world without crypto grows up.  Crypto will be naturally used and some some frindge project.  That's when price appreciation really happens.

solana

and doge/ltc

all because they have a lot of direct or indirect mining support.

But you are not reading the thread completely ?

OP is asking about RANK 30 in coinmarketcapitalization in which Celestia fall at rank 55 now https://coinmarketcap.com/currencies/celestia/

but indeed that Celestia is undervalue because have been watching this one for some time now.

but for me it is DAI that Undervalue  https://coinmarketcap.com/currencies/multi-collateral-dai/
Like you I still believe that bitcoin is still undervalued but I believe this thread is created and asked in altcoins meaning op is asking for altcoins.

Not going too far, do you consider coins that have been outside the CoinMarketCap Top 50 for a long time to be undervalued coins? There are many meme coins that create hype and start to rise in value, their position in the coin market cap starts to rise, and within a few days the coin starts to fall in value and fall away from the ranking. Now the coins can't top back again, of course. I just need to invest here, pick the right coins, take home the profit. Don't focus here on which coins are undervalued.

are you trolling?
you do realize that DAI's price is and will most certainly (unless depeg) stay at $1 or very very close to that.
that's what we call a STABLEcoin. it won't pump, sorry bro.
 ;D

i think i'm gonna create a thread with the top posts on this board, something like a "best of".

It tends to be slow and stable from the previous price so it is a dubious consideration if it is rushed, but I choose trx, XLm, and shibb in terms of investor confidence better than other altcoin liquidity. If we talk about under valued and free category I will allocate to not coin or its parent TON. I think the eco is ready to pump and it is too early to conclude that it is static. I think the strong community, qualified ecosystem and resilience in fulfilling the needs on the blockchain is a plus even though it is new. I think it will be higher maybe X3 from today towards the end of the year.