Which coins are undervalued in 2024?

[el kaka22]

It has been many years but I still think that Litecoin is VASTLY undervalued at the moment. I understand that it may feel like something that is profitable for many people, but the reality is that we are not going to make any money from this at all if people ignore it.

I believe that Litecoin should be in the top ten easily, there isn't any proper reason why it's at 20th place and it is undervalued by a lot of people. The main reason or at least one of the main reasons is that it has been around for a long time and people do not see a big increase in it, so they do not invest in to it thinking they can make a huge return, but even a smaller return would be fine. Imagine that went from 20th place to 9th place, it would be making you so much profit.

[Abiky]

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.

Isn't Cardano a smart contract platform? Developers can create smart contracts to their hearts' content. It's possible to implement some sort of "blacklist" feature on stablecoins if they want to. Just like they've done with ETH and similar chains. I know Charles wants to defend decentralization, but there's nothing he can do to stop centralized stablecoins from taking over the platform. Especially if the community (validators of the Cardano blockchain) approve it.

What I like about ADA is that development happens at a slow and steady pace. It's not overhyped as other coins that are often unreliable and centralized (eg: Solana). Because this, market prices are stagnant. But that doesn't mean ADA won't have a future. There are many undervalued coins this way. People tend to value centralized chains more than decentralized ones because it's more convenient for them. It's a "free market", anyways. As long as decentralization persists, nothing else matters.

[Stablexcoin]

Coins I think that are undervalued include Ripple (XRP) Polygon (MATIC), WINK, and SAND. These coins were doing so well years back and I suppose that most times the value doesn't appreciate when Bitcoin increases. I was expecting to see a huge rise by now from most of them, especially the Ripple. Maybe I lack patience a little, which means ill wait till the end of the year to see how far they would go. After all am still holding some hand full of them in my portfolio. 

[btc78]

I was expecting to see a huge rise by now from most of them, especially the Ripple. Maybe I lack patience a little, which means ill wait till the end of the year to see how far they would go. After all am still holding some hand full of them in my portfolio. 

Same here.

I’m not expecting such a huge growth but I hope it just doesn’t fail and dump too much. Bitcoin still has not broken its ath so I still have hopes about this particular project. Bitcoin’s growth may create a really big shift in the crypto scene so I will continue to hold them and wait.

[d3nz]

There are a lot of altcoins that are undervalued, and it depends on where you invest in it. For example, the SOL, MATIC, and TON which I think will raise their value in the future. Investing is really if you have funds but it will also depend on where you will spend and if it's worth it.

[asriloni]

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?

You ain't joking, right? I meant look at how small the TVL compared to the L2 of ethereum blockchain. Look at that. Look at how shitty ADA is. Impossible to outperform the new coins these days. Even ada can't outperform ethereum L2s.

You can compare it to the L2s below.




Look at how bigg the gap between ADA and ethereum L2s. It means that the trust for people to put their money in ADA is so low. ADA will not outperform the new tokens in the upcoming bullmarket.

[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?

https://i.postimg.cc/nzqXfsk3/agawilga.png

You ain't joking, right? I meant look at how small the TVL compared to the L2 of ethereum blockchain. Look at that. Look at how shitty ADA is. Impossible to outperform the new coins these days. Even ada can't outperform ethereum L2s.

You can compare it to the L2s below.


https://i.postimg.cc/SjbsTm8w/ngdn.png

Look at how bigg the gap between ADA and ethereum L2s. It means that the trust for people to put their money in ADA is so low. ADA will not outperform the new tokens in the upcoming bullmarket.

its aalways safe to understand that new narratives will always outperform the older ones

[sotelorene]

There are a lot of altcoins that are undervalued, and it depends on where you invest in it. For example, the SOL, MATIC, and TON which I think will raise their value in the future. Investing is really if you have funds but it will also depend on where you will spend and if it's worth it.

Among the three alt you mentioned I think the only alt I like or will I say believe will do well In the future is SOL cause for sometime now it has been doing well and i believe with time the team is going to be strong  though MATIC and TON are also good but based on what we are seeing now I don't think they are going to be great as SOL but we can't tell for sure cause all these are being controlled and handle by human and human being are unpredictable.

[Kocret02]

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.

Litecoin is one of the most underrated altcoins at the moment and doesn't live up to what Litecoin has achieved. must be in line and side by side with Ethereum. and besides Litecoin, in my opinion, there are altcoins such as EOS, TRX and several other old coins which should have quite high value at this time. But no one knows the exact reason why they haven't been able to follow in Ethereum's footsteps.

[bullkk]

In my opinion, Litecoin is the most undervalued coin. With the correct formulation of the case, her affairs will change significantly for the better.

[Ngemmeng]

maybe XRP because it is starting to lose its popularity, or TRON which failed to become a competitor to ethereum 
No, I have never underestimated any altcoin because all altcoins definitely have different advantages and disadvantages. But that doesn't mean I like all altcoins and will invest in all altcoins, because I will only invest in altcoins that I think are superior and have the lowest risk.

[bullkk]

maybe XRP because it is starting to lose its popularity, or TRON which failed to become a competitor to ethereum 
No, I have never underestimated any altcoin because all altcoins definitely have different advantages and disadvantages. But that doesn't mean I like all altcoins and will invest in all altcoins, because I will only invest in altcoins that I think are superior and have the lowest risk.

How do you see the TON and NOT movement?

[wheelz1200]

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.

Honestly I still think bitcoin is extremely undervalued.  I can see a world where we see bitcoin at 200-300k in the not too far future.  In terms of a return that's phenomenal for something that is not that much of a risk anymore.  Not saying all crypto isn't risky just I can't see the downside of bitcoin from here.

[Abiky]

Litecoin is one of the most underrated altcoins at the moment and doesn't live up to what Litecoin has achieved. must be in line and side by side with Ethereum. and besides Litecoin, in my opinion, there are altcoins such as EOS, TRX and several other old coins which should have quite high value at this time. But no one knows the exact reason why they haven't been able to follow in Ethereum's footsteps.

Litecoin is severely undervalued. Especially when it has a limited supply like BTC. With a deflationary mechanism built into the protocol, LTC should've been worth thousands of dollars (USD) by now. I guess people value "meme" coins and NFTs more than truly-decentralized and deflationary crypto projects. EOS is also undervalued considering that it's one of the fastest smart contract platforms in the world. Back then, EOS was labeled the "Ethereum Killer". But it went down as people moved on to the next big thing in crypto. This shows us that the market is speculative. It's all about hype.

Projects that are able to bring hype are usually the ones on the top ranks in market cap. At least, we have plenty of options to choose from. As long as undervalued coins have a strong community following, they won't be going anywhere soon.