Which coins are undervalued in 2024?

[LogitechMouse]

Litecoin, and the top Layer-2 coins like Polygon, Optimism, Arbitrum and others.

I always believe that Litecoin is undervalued just because it's been off of the radar of investors for the past years. Nobody's talking about it anymore. In the past, it has been linked with Bitcoin, and many are saying that Bitcoin is the "Gold" of crypto while Litecoin is the "Silver". Now, not many new investors know about Litecoin anymore. What they know are the ones that's been talked online like Solana, or those meme coins out there. Like Litecoin, I also believe that those top Layer-2 coins are a bit underrated, and they need more attention as well.

TBH, there are so many coins out there that it's very hard to cherry-pick one or two coins.

[Abiky]

I don’t think the memecoin craze will go away anytime soon. I mean just look at the top coins right now. A lot of them are memecoins. It’s starting to seem like the line between memecoins and other altcoins are blurring. As long as people are profiting off of memecoins, theynare going to continue to create more and more.

Especially now with the bull run, there would definitely be an increase of memecoins in the market.

This is bad because it will shift developer's focus in quantity over quality. In other words, developers won't bother making innovative and useful projects that will make our world a better place. They will just create speculative tokens with the means of enriching themselves and early adopters. It's this reason why there are so many undervalued coins on the market with limitless potential.

Litecoin, Dash, Elastic, Golem, Zcash, GRIN, and many others are left behind in the dust as investors seek projects that will make them rich quick. We've completely moved away from crypto/Blockchain tech's original vision. I wonder which other coins will lose their luster next?

[R100K-Martin-Lunger]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

[Ekanayake90]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

ADA has been boring for months

[beerlover]

Litecoin, and the top Layer-2 coins like Polygon, Optimism, Arbitrum and others.

I always believe that Litecoin is undervalued just because it's been off of the radar of investors for the past years. Nobody's talking about it anymore. In the past, it has been linked with Bitcoin, and many are saying that Bitcoin is the "Gold" of crypto while Litecoin is the "Silver". Now, not many new investors know about Litecoin anymore. What they know are the ones that's been talked online like Solana, or those meme coins out there. Like Litecoin, I also believe that those top Layer-2 coins are a bit underrated, and they need more attention as well.

TBH, there are so many coins out there that it's very hard to cherry-pick one or two coins.

The coins that you said are popular, so they may not be considered as undervalue anymore but literally some of their value are still low because they are not that long enough to exist here in cryptos. Litecoin is so useful for both currency and asset use and it's not a new coin anymore, which can be a reason that people are not talking about it anymore.

It's also the era of meme coins now and many newbies came here because of them but the longer they stay here, they will eventually be aware of the old coins such as Litecoin. If a project knows that they got what it takes, then they must also do what they can to expose it to the world and there will be no more undervalued projects anymore.

[makishart]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

ADA has been boring for months

This is al time ADA chart. The coin has been dumping so crazily. it seems ADA will never reach that the new ATH again. This blockchain is so fucking boring. It keeps lose its users, the daily activity on the blockchains have been declining so hard. Impossible for ADA to recover again like 2021 bullrun.

ADA holders must be so dump enough to keep hold their coins while so many coins are increasing drastically. I think that many people are also aware about this coin is nothing happening with ADA.

[3la9l_kolbaCa]

Among the zillions of coins listed on the market, which one(s) do you think is/are undervalued right now? And why? I believe Litecoin is an undervalued cryptocurrency because of its limited supply (84m coins), greater transaction capacity (than Bitcoin), and built-in privacy features (Mimblewimble). I also believe Elastic (XEL) and Golem (GNT) are undervalued as they're decentralized supercomputing networks with limitless potential.

What is/are your pick(s)? Your input would be greatly appreciated. Thank you very much.

Definitely there's a lot of them considered undervalued nowadays, those you mentioned already took good history of its price. The price recently got undervalued due to several factors, most often traders who invested shifted back to btc and eth due to ongoing pump.
Also, to add up I got my picks which I currently hold on my wallet is PLR, FRM, MODEX and other shitcoins that has not been bouncing back after hype.
The worst to worst case has deeply caused me a lot of pain, and this is what I've been struggling these days of year 2024.

[SATWAT]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

ADA has been boring for months

This is al time ADA chart. The coin has been dumping so crazily. it seems ADA will never reach that the new ATH again. This blockchain is so fucking boring. It keeps lose its users, the daily activity on the blockchains have been declining so hard. Impossible for ADA to recover again like 2021 bullrun.

ADA holders must be so dump enough to keep hold their coins while so many coins are increasing drastically. I think that many people are also aware about this coin is nothing happening with ADA.

There is no doubt about this all with ADA is one of the most consistent coin which is under performing and having no good future with things will be stayed here at this level like we have for the years.

Sometime back I was also thrilled about this but after having few months in this community I leave this and never check again with things are dumb without any better hope now we have the good number of peoples those are well known about this coin and never love to invest in this as well.

[Abiky]

This is al time ADA chart. The coin has been dumping so crazily. it seems ADA will never reach that the new ATH again. This blockchain is so fucking boring. It keeps lose its users, the daily activity on the blockchains have been declining so hard. Impossible for ADA to recover again like 2021 bullrun.

ADA holders must be so dump enough to keep hold their coins while so many coins are increasing drastically. I think that many people are also aware about this coin is nothing happening with ADA.

The problem with ADA is that it's quite slow in terms of development and innovation. It's not as overhyped as Solana or Ethereum. Because of this, ADA has been unable to reach a new ATH in price. At least, Cardano is more reliable and decentralized than Solana. It can compete directly against Ethereum if developers keep it that way.

With ETFs taking the crypto world by storm, it's possible we'll see Cardano ETFs in the future. The sky is the limit to how far will the cryptocurrency go. Hopefully, people recognize the hidden potential in undervalued coins someday. 

[lombok]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

ADA has been boring for months

This is al time ADA chart. The coin has been dumping so crazily. it seems ADA will never reach that the new ATH again. This blockchain is so fucking boring. It keeps lose its users, the daily activity on the blockchains have been declining so hard. Impossible for ADA to recover again like 2021 bullrun.

ADA holders must be so dump enough to keep hold their coins while so many coins are increasing drastically. I think that many people are also aware about this coin is nothing happening with ADA.

There is no doubt about this all with ADA is one of the most consistent coin which is under performing and having no good future with things will be stayed here at this level like we have for the years.

Sometime back I was also thrilled about this but after having few months in this community I leave this and never check again with things are dumb without any better hope now we have the good number of peoples those are well known about this coin and never love to invest in this as well.

Cardano is a project that is quite old and is currently still able to survive and has quite high trading volume. But when you look at the projects being developed by Cardano, it doesn't seem to make investors interested in Cardano. The profits gained may not be much so no investors will put their money here. Maybe Cardano will increase its price during the altcoin season next year.

[Bushdark]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

Just like in the last bull run, people were speculating that the price of ADA is going to skyrocket but I don't think we saw any significant bullish movement that spark the market. We can always invest in good tokens and make money from them rather than looking for undervalue crypto token in the market that could take years before the price would go up. I just want us to be wise and understand what we are doing and what we want. If we want money then we need to follow the trend that going for interval coins.

[Ekanayake90]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

Just like in the last bull run, people were speculating that the price of ADA is going to skyrocket but I don't think we saw any significant bullish movement that spark the market. We can always invest in good tokens and make money from them rather than looking for undervalue crypto token in the market that could take years before the price would go up. I just want us to be wise and understand what we are doing and what we want. If we want money then we need to follow the trend that going for interval coins.

What projects are you looking at right now?

[Bureau]

The problem with ADA is that it's quite slow in terms of development and innovation. It's not as overhyped as Solana or Ethereum. Because of this, ADA has been unable to reach a new ATH in price. At least, Cardano is more reliable and decentralized than Solana. It can compete directly against Ethereum if developers keep it that way.

With ETFs taking the crypto world by storm, it's possible we'll see Cardano ETFs in the future. The sky is the limit to how far will the cryptocurrency go. Hopefully, people recognize the hidden potential in undervalued coins someday. 

The hype on Ethereum and Solana is due to the fact that their ecosystem is showing a tremendous increase of new projects. Cardano never promoted itself and its ecosystem the way Ethereum and Solana have been doing. I hardly see any airdrop announcement or any meme coin being launched in it.

Before Cardano the chance of Litecoin ETF and Solana ETF getting approved is a possibility. There should be demand for Cardano in the crypto market for the big financial giants to think about an ETF. I don't see anything as for now to think there is a demand for ADA in the market.

[Sebas.tian]

I noticed that Litecoin was among the cryptocurrencies that was undervalued in this season and it has caused their investors so much worry, because they have invested huge amount of capital in Litecoin but the price is not increasing for their investors to supply to make a passive income. I don't think, other investors will like to invest on undervalued cryptocurrencies in the market, because it will waste their time and resources which many investors has learned their lesson from those altcoins that undervalued in this year. I think, there are some altcoins you can embrace in this season to invest so that you can have something valuable to achieve in the future, if you can invest in Bitcoin and Ethereum.

[Ekanayake90]

I noticed that Litecoin was among the cryptocurrencies that was undervalued in this season and it has caused their investors so much worry, because they have invested huge amount of capital in Litecoin but the price is not increasing for their investors to supply to make a passive income. I don't think, other investors will like to invest on undervalued cryptocurrencies in the market, because it will waste their time and resources which many investors has learned their lesson from those altcoins that undervalued in this year. I think, there are some altcoins you can embrace in this season to invest so that you can have something valuable to achieve in the future, if you can invest in Bitcoin and Ethereum.

But there is a reason why its ranked as the most famous currency for crypto payments and sooner or later it will start reaching its previous ATHs

[electronicash]

This is al time ADA chart. The coin has been dumping so crazily. it seems ADA will never reach that the new ATH again. This blockchain is so fucking boring. It keeps lose its users, the daily activity on the blockchains have been declining so hard. Impossible for ADA to recover again like 2021 bullrun.

ADA holders must be so dump enough to keep hold their coins while so many coins are increasing drastically. I think that many people are also aware about this coin is nothing happening with ADA.

The problem with ADA is that it's quite slow in terms of development and innovation. It's not as overhyped as Solana or Ethereum. Because of this, ADA has been unable to reach a new ATH in price. At least, Cardano is more reliable and decentralized than Solana. It can compete directly against Ethereum if developers keep it that way.

With ETFs taking the crypto world by storm, it's possible we'll see Cardano ETFs in the future. The sky is the limit to how far will the cryptocurrency go. Hopefully, people recognize the hidden potential in undervalued coins someday. 

Charles has to.open the cardano for USDT whales, those companies like Tether and Circle wants control of their stablecoin. if Charles is not allowing them because of his belief in decentralization, ADA may really have a slow crawl to its higher price per token.

it may also have a hard time getting ETFs. but i do think ADA is also undervalued.

[God bless u]

If you go through coinmarketcap except Bitcoin almost all other coins are undervalued. Except Tether the top 4 coins are almost below their ATH of 2021 by 90 percent. I feel Ethereum is far undervalued as it has one of the biggest ecosystem but the price of Ethereum hasn't even reached 5k. The same thought  goes to the layer 2 solution providers on Ethereum they are very much undervalued.

Of course that's exactly right. ETH's price will most likely be even higher after the ETH ETF is accepted and this will provide an extraordinary sense of enthusiasm for investors, I even heard it reached 8K. Yes. Until now, ETH is still in the category of the best investment after BTC.

For the layer 2 solution providers on Ethereum, they are very much undervalued, I might be a little doubtful whether they will also be exposed as the price of ETH increases in the future.

I used to see these kinds of threads even before BTCs halving that it is going to explode more and even some Peeps were saying that it will again break it's ATH but nothing happened.

But the effect was even negative , the market conditions were worse after halving. Now there is a hype that after ETH approval ETH will get to 10000$ or closer but I don't think so.there will be a tough market conditions then we think.

[bitterguy28]

it is  Ripple that I still undervalued this 2024 after what had happened in their case outcome? yet Ripple stays this low in which I believe do not deserve , also there is this Litecoin that same with ripple who use to be ranking 3rd in the past but now here they are super low from their last all time high value .

[woez]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

Coins like ADA that you mentioned have not shown strong performance at the moment. Today only CTK has started to move up. I think after BNB finishes reaching ATH it will be the turn to ADA or other coins. Last year I saw this pattern. What is clear is that everything will rise again. That's the crypto market, if we are impatient don't expect to make a profit.

[Ekanayake90]

ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

Coins like ADA that you mentioned have not shown strong performance at the moment. Today only CTK has started to move up. I think after BNB finishes reaching ATH it will be the turn to ADA or other coins. Last year I saw this pattern. What is clear is that everything will rise again. That's the crypto market, if we are impatient don't expect to make a profit.

Do you think coins like ADA will outperform brand new coins in the coming bull market?