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Author Topic: Undervalued projects likely to trend with current move in the crypto market  (Read 115 times)
gbrendeh (OP)
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August 02, 2021, 07:38:47 AM
 #1

Some projects have a great potential to survive and recovered sharply based on their use cases, competent team members, steady progress reports as it can be traced to their respective GitHub and the community. This link contains some expert opinions on such projects, and I want to see if they are outrightly right on their choices.
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August 02, 2021, 08:01:08 AM
 #2

Of course they will, people want to make sure that every kind of project is profitable even just a short time. That's why we have to be careful regarding people that promotes new projects and have some clout in them that are hyping up the people to get in the project and end up with an undervalued project.
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August 02, 2021, 12:52:40 PM
 #3

Well all i can see within that link is they're picking a coin that already made a history in the market.. Except baby dogecoin.. For me IMO it's not impossible that those altcoin will not perform well again on this month of August, as the matter of fact the uptrend has began and mostly altcoin show a potential after bitcoin improvement, so of course those choices will make new history again when market skyrocketed within this month and maybe baby dogecoin as well coz doge coin seems active again..
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August 02, 2021, 09:42:29 PM
 #4

Potential project in my sight right now. :
1. Vulcan vorged ( PYR Token ). The project is like decentraland and axie infinity ( NFTs gaming )
2. Babelfish ( protocol for stable coin in RSK network ). RSK using bitcoin network so this is the most secure stable coin. However its need times to be adopted.
3. Standart protocol ( New project need to be considered to support crypto space ).

My past wacth list :
1. Axie infinity ( axs ) i bought first axs when it was $0.50
2. Sovryn ( decentralised exchange on RSK network )

Nice list, @fia_naila. I have had a few experience with some of the tokens you've on your list. For sovryn, I have interacted with their project on RSK network and even did a few yield farm / defi opportunities over there but their token took serious beatings during the recent best cycle and haven't seem to rise significantly even though bitcoin and other cryptos have.

For PYR, its the first time I'm hearing about it but will definitely check it out. AXIE, I think the time to buy and accumulate is past now so I would avoid. It has done like 20x in the last 60 days.


In my bag, I have a few BTC and ETH but plenty of NEAR tokens because I'm betting big on it. While the market cap is just a little above $1, The value proposition is huge for just a marketcap. I also considered the project offerings and the caliber of projects (including defi, app chains network and a layer 2 project to help ethereum scale). Not to mention NFTs project as well.


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August 02, 2021, 11:07:31 PM
 #5

Some projects have a great potential to survive and recovered sharply based on their use cases, competent team members, steady progress reports as it can be traced to their respective GitHub and the community. This link contains some expert opinions on such projects, and I want to see if they are outrightly right on their choices.
Not all of these "experts" opinion are truly expertly.

They only give their sentiment through what they think for those projects that seems to be good for them. That's the fact in the crypto market, everyone have their biases towards good and bad projects.

But it's also true that some undervalued projects can be good valued in due time.

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August 02, 2021, 11:52:43 PM
 #6

Some projects have a great potential to survive and recovered sharply based on their use cases, competent team members, steady progress reports as it can be traced to their respective GitHub and the community. This link contains some expert opinions on such projects, and I want to see if they are outrightly right on their choices.

I had some tokens with dying project developers, and never been waking up after the last bullrun of bitcoin. Many tokens also been shining through, gaining good price for their coin but the others been drowned for several years. Though there's new project have been resiliently trying to get trust from public, and right now that started to burst out including some tokens that entered binance smartchain network. We will soon see how this create an impact to entire market, this is going to be exciting.

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August 03, 2021, 02:34:58 AM
 #7

I'm not so bullish on the blockchains that are giving such a high priority to NFTs or that are trying to create a better Ethereum. I would also not pay much attention to meme coins. Outside of the top 2 coins there tends to be a lot of movement on CoinMarketCap so nobody can say with certainty which project is going to be the next big thing. There could be some hidden gems in there but many are simply just centralized shitcoins with marketing teams.

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August 03, 2021, 04:02:37 AM
 #8

Potential project in my sight right now. :
1. Vulcan vorged ( PYR Token ). The project is like decentraland and axie infinity ( NFTs gaming )
2. Babelfish ( protocol for stable coin in RSK network ). RSK using bitcoin network so this is the most secure stable coin. However its need times to be adopted.
3. Standart protocol ( New project need to be considered to support crypto space ).

My past wacth list :
1. Axie infinity ( axs ) i bought first axs when it was $0.50
2. Sovryn ( decentralised exchange on RSK network )
I agree with you on Sovryn and Vulcan Forged.
Sovryn is a DEFI in Bitcoin, has some strong backers, including Pomp Investments, the SOV token price is currently around $11 USD and the highest price is $80 USD, there is a potential profit of more than 7X if it returns to the high price.
Vulcan Forged is a project about gaming and Collectibles & NFTs powered by Ramp for Fiat payments.
The market cap of both is still under $100 million USD.
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August 03, 2021, 05:51:15 AM
 #9

No one can really give specific direction of some undervalued projects in the market despite of situation, unless if thosw token were really showing possibility like gradually making progress along with trusted projects such bitcoin and ethereum, because surely they will follow when there's an uptrend in the market.. It's quite skeptical to be honest if its not, wherein you don't know how long it will last or it's has a potential to succeed even the current situation of market isn't fine.
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August 03, 2021, 07:25:21 AM
 #10

I can't exactly point out some projects as guarenteed success in future. Although I can guess if market trend turns upside down NFT projects and some meme coins will definitely be affected. They would be followed by defi projects and in the end we can observe big moves in coins like BNB or Ethereum.
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August 06, 2021, 03:50:45 AM
 #11

This issue seems very important to me, especially for privacy coin projects, because now ZCASH is giving a lot to talk about, lately it has taken a good turn upwards, it is at 108USD, it may continue to grow, but one of The things that I think are going up is because many want to make their transactions with the greatest possible privacy, and nobody wants to be tracked in their transactions, these currencies like ZCASH offer that option in their characteristics:


Quote
Technical outlook gave a bearish signal as the red signal bars were visible on Awesome Oscillator and MACD’s reading noted two red histograms at press time.
Source: https://ambcrypto.com/cardano-aave-and-zcash-price-analysis-05-august/

The perspectives that they indicate in the technical analysis predict that it may fall a little more, even to 98USD, however this coin is not very listened to, and if it is starting to give something to talk about, it is because things are on the right track.

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August 06, 2021, 11:12:54 AM
 #12

Why do you believe that their prediction is right anyway? Literally a lot of "experts" make false calls multiple times. They're just doing it to pump their own bags and then brag something like "I told you to buy", but never accept criticism for their wrong calls.

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August 06, 2021, 11:33:36 AM
Last edit: August 06, 2021, 12:58:42 PM by Sayeds56
 #13

Some projects have a great potential to survive and recovered sharply based on their use cases, competent team members, steady progress reports as it can be traced to their respective GitHub and the community. This link contains some expert opinions on such projects, and I want to see if they are outrightly right on their choices.

Absolutely right these projects are undervalued and can generte huge profit in the next Bull Run specially XLM,  ADA , MATIC,and THETA. I am already invested in most of them and keep doing Dollar averaging when their price declines.The price  ADA and Matic has potentail to go many folds as their netowrk is contnousaly developing and new projects are being launched on their platform due to less transaction fee. DYOR









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August 06, 2021, 12:15:05 PM
 #14

That is quite true, one of the Important things that makes some coins recover sharply when the fall due to the market or recover faster than others when the market dumps and picks up, is the level of development within the project and how consistent the team are. In my own opinion so far, and from what I have noticed within some projects, CAKE recovers fast because of the staking features it has, and because people knows the benefits within it, once they see it at a good price they buy it. SOL AND POLYGON are yet another, although it might be hard to ascertain why they recovers fast but I know why they will last and survive is because their team are supportive of other projects launching on their blockchain. ADA is yet another whose team are not giving up, but making sure they create an impact on the crypto space, one can say their team are highly consistent with their developments. Now when you talk about hype projects which will last, you start from DOGE.

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