Which coins are undervalued in 2024?

[Abiky]

i have not heard of these coins for a long time lol i remember them back in the day but these have been buried in the pile of new coins since 2018. the more coins popping up claiming to be a killer of another coin. they are forgotten and not bought back by their previous investors because the newer ones get attractive every now and then.

if you are to chose one and the safest among them, chose LTC.

That's because most of them are dead. Especially Elastic (XEL). It's no longer listed on CoinMarketCap. Golem switched to a new token under the "GLM" ticker. Existing GNT holders should migrate to GLM as soon as possible. I believe the Golem project is underrated with GLM having a hard time reaching a new ATH in price. The project's concept is interesting. But without mainstream demand, it will ultimately fail.

There are many hidden gems on the market that could "blossom" someday. The odds are slim, but who knows? You might get lucky someday. Hopefully, the industry moves away from the "meme" coins craze into what matters most. As long as the utilitarian aspect of crypto is prioritized, there should be nothing to worry about.

[Dyakoff]

Among the zillions of coins listed on the market, which one(s) do you think is/are undervalued right now? And why?

I would advise to have a look at $PROM coin.
It is now around $10 and even when the bitcoin was going down $PROM never lost much value.

I also believe this coin is undervalued because it is running a testnet and will be transitioning to mainnet soon.
I expect at least 2x when the mainnet launches, because they have a huge number of interesting partnerships and integrations.
Prom Network is kinda unique in this situation, because the token is already listed on Binance, so the mainnet launch does not imply TGE, which already happened quite a while back.

So they are running the Testnet with all the usual testnet activities like claiming test $PROM from the faucet, minting NFTs and making transfers and so far it all looks well and gonna be even better upon mainnet launch.

And even better news - the Prom Testnet Campaign will award airdrop, but the tokens people will receive for testing the testnet will be forever locked for internal use - meaning that people will not be able to transfer them to exchanges and dump them on the market crashing the price.
Therefore long term holders of $PROM will be completely safe from this airdrop. In case you are wondering what's the purpose of such airdrop I would need to exlain that this has to do with PROM DAO which allows any Prom holder to vote, so in simple words - these aidropped tokens will be used for voting and thus generate additional revenue to the owners.

So I believe the token is undervalued and has great potential, because it has been trading on Binance for quite a long time, not many people know about it and even less people know that they are transitioning to their own mainnet very soon.

[Abiky]

I would advise to have a look at $PROM coin.
It is now around $10 and even when the bitcoin was going down $PROM never lost much value.

I also believe this coin is undervalued because it is running a testnet and will be transitioning to mainnet soon.
I expect at least 2x when the mainnet launches, because they have a huge number of interesting partnerships and integrations.
Prom Network is kinda unique in this situation, because the token is already listed on Binance, so the mainnet launch does not imply TGE, which already happened quite a while back.

So they are running the Testnet with all the usual testnet activities like claiming test $PROM from the faucet, minting NFTs and making transfers and so far it all looks well and gonna be even better upon mainnet launch.

And even better news - the Prom Testnet Campaign will award airdrop, but the tokens people will receive for testing the testnet will be forever locked for internal use - meaning that people will not be able to transfer them to exchanges and dump them on the market crashing the price.
Therefore long term holders of $PROM will be completely safe from this airdrop. In case you are wondering what's the purpose of such airdrop I would need to exlain that this has to do with PROM DAO which allows any Prom holder to vote, so in simple words - these aidropped tokens will be used for voting and thus generate additional revenue to the owners.

So I believe the token is undervalued and has great potential, because it has been trading on Binance for quite a long time, not many people know about it and even less people know that they are transitioning to their own mainnet very soon.

Coins that end up being listed on Binance, usually experience a huge "pump" in market prices. I believe the same will happen with the token you've mentioned recently. For short-terms gains, I'd say it's worth it. If the project is able to provide real use cases to the world, it will last a lifetime. Innovation is something developers need to consider if they want their project to stand out from the rest of the crowd. People are focused on making money these days, so they will only choose coins that are following the hype.

Expect to see many undervalued coins being left behind in the dust, as investors move on to the next big thing in crypto. Maybe there's a chance coins like Litecoin and Elastic will rise all the way to the moon? Only time will tell. Just remember to diversify your investment, and there should be nothing to worry about.

[btc78]

There are many hidden gems on the market that could "blossom" someday. The odds are slim, but who knows? You might get lucky someday. Hopefully, the industry moves away from the "meme" coins craze into what matters most.

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.

[Churchillvv]

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

I have been wondering too what exactly should I consider undervalued coin but it seems I don't even have enough knowledge about this altcoins to consider them undervalued.

I see a lot of people are seeing the undervalued in terms of the price to what they expect but it's in my perspective what coin people do not see it's valued or usefulness for the main time whereas they are going to be very important in future, I might be wrong though!

[Volimack]

I have heard many times that there are many coins in altcoins that are considered undervalued and did not last long in the market. But I cannot say exactly which currency is considered undervalued. Litecoin's price is so low that many investors expected its value to rise. But no one got good profit its price is very low. It is important to check the specific requirements to determine before investing.

[bluebit25]

For me it's ATOM, I quite like their growth and the position they maintain in the market. But to be fair, competition in the altcoin space is getting bigger, so there will be many competitors, but also accept that there will be times when it will also receive more attention, just trust and patience for it.

Also I always say that bitcoin is still undervalued because one day when talking about the current price of bitcoin people who know about it will feel regret that they didn't buy it.

[Tipstar]

If I think about the coins that are undervalued in price compared to the value they can offer than the first one that comes to my mind is Near protocal. They are already a huge platform yet it's not reflected in the price. The supply is much larger than other popular utility token like solana but if solana can be 160, Near should at least be around 40.
Another coin that comes to mind is Arbitrum. They are the fastest growing L2 network and their price is still around $1, they too have a potential to reach $10 soon.

[X-ray]

so many layer 2 coins are undervalued, because there are many of other projects creating the same exact thing, but if you think about it.
ethereum recent upgrade actually helps incentivizes the layer 2 with the cheaper transaction, right now sending transactions on layer 2 only requires a few cent and thats it.
same thing happened with the layer 2 of bitcoin there has been many of such thing appear, such as stacks, merlin, and so on.
these are good investment if you think bitcoin could climb up since they are bitcoin layer 2 then surely they gonna follow bitcoin footsteps.
but whether the impact gonna be big we don't know.
there are new narrative about rwa but honestly i will just stick with the layer 2 from the time being.

[gurunanakji777]

There are many Altcoins that are undervalued if we look at their all-time highs (ATH). GNT is a good project, but I am not focusing on it because this time the market trend is more towards AI coins, so my focus is on AI coins. In my opinion, AI coins will perform better in this bull run, and some meme coins will also perform well. However, in the last 6 years, I have seen that there have been many changes in the market. Nowadays, new investors focus more on new projects because they have more potential to give a good return on investment (ROI). I observed that many good altcoins couldn't perform well in the last bull run. People showed more faith in meme coins in the last bull run, and this time I think it is the turn of AI altcoins. Some undervalued coins, according to my analysis, are Link, Cardano, Matic, and Solana.

[sunsilk]

IMHO, any of them are undervalued right now. But the hype and trend will start to come back with these altcoins that will be filed with an ETF spot.

I guess that it's what the people will be flocking in when the institutions start to rampant with their applications to the next ones after BTC/ETH etf has been made.

And with the rumors in the circulation, the two possible next ones could be xrp and sol.

[electronicash]

i have not heard of these coins for a long time lol i remember them back in the day but these have been buried in the pile of new coins since 2018. the more coins popping up claiming to be a killer of another coin. they are forgotten and not bought back by their previous investors because the newer ones get attractive every now and then.

if you are to chose one and the safest among them, chose LTC.

That's because most of them are dead. Especially Elastic (XEL). It's no longer listed on CoinMarketCap. Golem switched to a new token under the "GLM" ticker. Existing GNT holders should migrate to GLM as soon as possible. I believe the Golem project is underrated with GLM having a hard time reaching a new ATH in price. The project's concept is interesting. But without mainstream demand, it will ultimately fail.

There are many hidden gems on the market that could "blossom" someday. The odds are slim, but who knows? You might get lucky someday. Hopefully, the industry moves away from the "meme" coins craze into what matters most. As long as the utilitarian aspect of crypto is prioritized, there should be nothing to worry about.

it would need another marketing for the project to be exposed to new investors in crypto. migration and new ticker seem to have become a new scam already in crypto, it would appear that old investors who kept their token as is will be left behind. they could only hope migration has no expiry date.

I've seen enough of this migration off the team's decision. i myself have held some tokens in the past where they became useless after 3 years i realized it's not anymore on the list in kraken. 

[Sayeds56]

I think the following four coins are undervalued and the main reason would be that they do not have the kind of hype they used to have in the early days. All of them are utility coins and were created to solve a specific problem which made them unique. In 2024 everyone is going after the meme coin craze and that is the reason the following coins are undervalued as per my observation.
[1] Filecoin (FIL)
[2] UNISWAP (UNI)
[3] The Graph (GRT)
[4] Cosmos (ATOM)

I completely agree with your analysis that FIL. UNI, GRT and ATOM coins are significantly undervalued compared to their historical price in 2021 during the bullish market when Bitcoin reached previous ATH of $69,000 approximately. These coins have not shown their real color after the halving event of 2024. Even the Ethereum has not yet  surpassed its previous ATH of around $4878.

It is hoped that all these alt coin including Ethereum will exceed their previous all time high (ATH) in the next anticipated upcoming bullish market.

[Yatsan]

I guess one is with Real World Assets or RWA Narrative and also with AI projects. These are new concept which are currently growing more acknowledgement from people in web 3.0 but there should be more if you would look deeper on these projects. Some are focused with Finance and some are with real estate properties on the blockchain. On a wider persepective, innovation and longevity for these projects are just big. I am spotting some actually, on the past months and I am getting excited on how big these projects wil become.

I have heard many times that there are many coins in altcoins that are considered undervalued and did not last long in the market. But I cannot say exactly which currency is considered undervalued. Litecoin's price is so low that many investors expected its value to rise. But no one got good profit its price is very low. It is important to check the specific requirements to determine before investing.

Been with several issues which is why it is not getting the recognition other coins like Solana and Arbitrum are getting at this point. If Litecoin is really that promising, it will just come to its growth. Well, not to close the doors for this coin's future but if you see such coin being listed for long, and it is still not getting the hype you expect, there is definitely a reason behind it.

[Ekanayake90]

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.

I think XRP is heavily undervalued too

[peter0425]

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.

I think XRP is heavily undervalued too

Hm yes. I hold some xrp and I really believe it has the potential to grow more. Right now I see many criticisms against it but I think in the bull run, holders of xrp will be very happy.

I use it for daily transactions and it has a significantly lower transaction fees compared to other altcoins. It’s definitely good for daily transactions due to its speed and liquidity.

[Ekanayake90]

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.

I think XRP is heavily undervalued too

Hm yes. I hold some xrp and I really believe it has the potential to grow more. Right now I see many criticisms against it but I think in the bull run, holders of xrp will be very happy.

I use it for daily transactions and it has a significantly lower transaction fees compared to other altcoins. It’s definitely good for daily transactions due to its speed and liquidity.

Also its on the right path to attain full legal clarity. I hope SEC and Ripple will fully settle thier differences before this ALT season

[Wildwest]

After looking at the crypto coin market which is considered trivial, namely Uniswap and Litecoin, both of which have shone in the previous halving, Litecoin has provided many opportunities for traders and investors with relatively large profits, as well as Uniswap which has a very large market quality in every exchange. with different networks. I'm sure Uniswap and Lite Coin will provide new surprises in the next bull run even though interest has started to decrease now.

[shinratensei_]

I think XRP is heavily undervalued too

honestly this coin just don't rise as much as other in this bullrun i don't know why as stated by other there are many problems relating to this coin, even I doubt the proposal of ETF for this coin will be approved, the chance is definitely a lot slimmer than ethereum right now.

if compared with other coin like solana which is a lot more promising in my opinion the XRP doesn't seem to be an attractive investment.
but maybe there's potential that I overlooked.

After looking at the crypto coin market which is considered trivial, namely Uniswap and Litecoin, both of which have shone in the previous halving, Litecoin has provided many opportunities for traders and investors with relatively large profits, as well as Uniswap which has a very large market quality in every exchange. with different networks. I'm sure Uniswap and Lite Coin will provide new surprises in the next bull run even though interest has started to decrease now.

with the presence of many new swaps platform, i doubt that the price of uniswap gonna hike again though its like there are so many coins that competes against this one, not to mention the new ones consistently giving out airdrops.

[michellee]

There are so many altcoins that are undervalued but it would be difficult for us to choose one. No one knows which altcoins may rise in the altcoin season. Every altcoin can increase suddenly without any information.

We can only try to guess and even though we can analyze, it doesn't guarantee we can get the altcoin. Low-priced coins also have the opportunity to increase during the altcoin season. That's what will make us confused about determining the altcoin.

Maybe we can only set aside some of the money we can afford to invest in the altcoin we want. I also don't know which altcoin but I have several altcoins that might increase in the future. But I don't expect too much because each altcoin has the same opportunity.