Undervalued cryptocurrency refers to tokens that are trading bellow their value. Understanding what coins are currently undervalued and how to spot potential undervalued cryptos could be a gbreat way to strengthen your investment strategy. Here are the key takeway’s from the article below.
1.Tamadoge is considered to be one of the best undervalued cryptocurrencies to invest in 2022. This is because the token is yet to be launched on exchanges.
2.Investors can purchase Tamadoge with ETH through the presale event.
3.Once Tamadoge is launched on exchanges, demand is likely to increase which will send the price upwards.
4.Purchasing a crypto whilst it is undervalued is he best way to maximize profits and take advantage of future growth.
5.As always, investing in undervalued crypto comes with risks. The crypto market is volatile and prices can fall at anytime.
6.One way to know if a crypto is undervalued is to compare the intrinsic value to the current price. If the intrinsic value is higher, the cryptocurrency is undervalued.
You capital is at risk.
Market valuation of cryptocurrencies do not always reflect a coin’s true value. Sometimes, because of market sentiments, a coin can be undervalued; however, savvy investors know how to determine undervalued coins. The most undervalued cryptocurrency has immense growth tendencies, and in the future (far or near), can be worth more than a hundred times its initial value. Let’s explore the 10 most undervalued crypto 2022.
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Tamadoge (TAMA) is the native currency of the Tamaverse, and has a supply of $2 billion. The creators of the Play-to-Earn game will make $1 billion TAMA available for purchase in the Token Generation Event. At the moment, a TAMA is $0.010 USDT. The Tamaverse, Tamadoge’s metaverse has a host of features, including NFT-powered Tamapets that players can create and breed and set against other players’ pets. The Tamaverse does not yet have an AR system; however, the team are working on infusing augmented reality into the metaverse in the future. In the fourth quarter of 2023, according to the creators’ whitepaper, a Tamaverse app would be made available to players.
Tamadoge is one of the most undervalued cryptos in the crypto-verse. The Dogecoin-inspired memecoin is a combination of memecoin art, virtual reality, and play-to-earn system. Tamadoge is a new undervalued crypto; the market is yet to fully realize the coin’s potential, and while demand and supply conditions may still set the coin’s value within the penny crypto class, there is a high possibility that massive user adoption will drive demand and corresponding prices up, delivering incredible ROI to investors that buy today.
Tamadoge’s has sold $2 million in presale, and presale is set to finish soon. It is a good idea to buy the token before it goes live on exchanges.
IBAT is the native currency of the metaverse and gaming universe, the Battle Infinity. Battle Infinity is one of the most undervalued crypto in the world today. Battle Infinity is positioned to completely revolutionize the gaming industry, so much so that it raised $2,000,000 in just five days. IBAT integrates gaming, metaverse, and blockchain, allowing players to compete in different games from football to rugby, boxing, basketball, and cricket.
The Battle Infinity ecosystem is tamper-proof: NFTs are built on blockchain networks. The company’s insistence on security and immersive experience has made it a favorite amongst all NFT-gaming platforms. The IBAT cryptocurrency is one of the most undervalued cryptos at the moment.
The Battle Infinity metaverse has six elements — Premier League, Battle Market, Battle Swap, Battle Store, Battle Stake, and Battle Arena), and all are independent ecosystems with unique art features. You can also earn IBAT tokens from playing the Battle Infinity game and swap the IBAT native currency for other currencies.
Is IBAT a long-term or short-term game? Of course, the creators will preserve the ecosystem’s liquidity after the CEX launch; however, most undervalued cryptocurrencies boom can lead to a 1000% to 20,000% increase—but the timing could vary from a year to a few years.
IBAT is currently live on PancakeSwap. Buyers can purchase the token using BNB- 1 BNB is currently worth around 39,000 IBAT (at the time of writing).
LBLOCK is the native currency of the Lucky Block crypto lottery system. LBLOCK is currently an undervalued crypto, and market perceptions may not truly represent its worth at the moment. Crypto investors understand that, unlike traditional investment portfolios, their crypto stakes can increase to more than a thousand of the initial investment and a lot more.
Bitcoin is the first cryptocurrency and traded for around a dollar in 2011. In 2013, Bitcoin hovered around $320.19 and, in 2021, reached an all-time high of over $68,000. Between 2011 and 2013, Bitcoin grew by 31,919%. That is the power of cryptocurrencies in their early stages. Lucky Block seeks to topple the traditional lottery industry, leveraging the Binance Smart Chain protocol to enhance players’ winning potential.
With Smart Contracts, Lucky Block can speed up its drawing process, allowing multiple daily draws and more winnings. With Lucky Block, everyone from everywhere can play the lottery—unlike the traditional lottery system that is bound by people’s location.
LBLOCK’s success as a digital currency is highly dependent on the success of its mother project. Lucky Block is a revolutionary project just like Bitcoin—a revolutionary payment method, and Ethereum—a blockchain network.
Your money is at risk
A DeFi Coin is a digital version or a digital representation of a fiat currency. For example, the dollar’s digital version is a DeFi coin. DEFI coins work the same way as NFTs; that is, as a digital version of art, and create intrinsic proprietary and monetary values for users. Today, the DEFI ecosystem rewards people for holding coins for up to a year. A 75% APY—the reward system for holding a coin for a year, would mean that hodlers will earn 750 coins on every 1000 coins held.
DEFI has an impressive liquid pool, and the Defi swap, a new feature that allows users to swap a coin for another without a centralized exchange, is a technology that will promote investments in the DEFI world. Albeit proprietary and innovative, the DeFi swap, at the moment, only allows crypto swaps from ecosystems on the Binance Smart Chain. Defi Swap will allow cross-chain functionalities in the future.
DEFI is an undervalued token and has the potential to generate mouth-watering ROI for crypto investors.
Bitcoin is perhaps the most achieved cryptocurrency. With tens of thousands of cryptos in the marketplace, Bitcoin and Ethereum have carved a niche, mainly because the former is accepted as a payment method across industries, businesses, and nations, and the other is a formidable blockchain.
Bitcoin’s influence on the cryptocurrency world is so strong that its crash led to the crash of many tokens, including stablecoins. Bitcoin fell from over $68,000 in 2021 to around $19,000 in mid-2022. The global economic situation caused by Europe’s instability, the dollar inflation, and looming housing crisis are a few factors that influenced the general decline in crypto and NFT purchases; however, Bitcoin may have seen its worse. The fact that Bitcoin may just be in an accumulating phase is exciting to savvy crypto investors. If the speculations are true, we could be looking at another undervalued crypto. Bitcoin isn’t just a cryptocurrency; it’s the cryptocurrency, and adoption will only increase—even in the face of legislative restructuring.
When assets hit their lowest, they can only climb up—and Bitcoin is rallying as it reels from its bottom to a new price of $21,741. Another decade is counting, and even if we ignore extreme speculations, it’s silly to ignore that bitcoin will have wider adoption and acceptance across different markets and hold relevance in the growing metaverse market.
Binance Coin is a token in the Binance ecosystem launched in 2017. Perhaps the most resilient altcoin in the market, BNB survived the 2018 winter and in 2021, gained more than 1,300%. The percentage gain rivaled Bitcoin’s 73% increase and 455% for Ethereum.
Binance coin saw a dramatic increase in 2021, following the crypto boom, shooting from $38 in January to $688.07 in November, but has since dropped to $184.54 in June 2022.
But why is Binance Coin special? Binance coin’s relevance to the Binance ecosystem puts it in a unique position. The Binance ecosystem creators reward holders of the BNB native currency, ensuring it remains in circulation and liquid. It’s a good shot if you want to buy altcoins.
BNB has a history of rallying from winter markets and climbing to entirely new heights. The 2018 winter market is a prime example, and in 2022, it’s poised to shift from its undervalued position and make gains.
MANA is the native cryptocurrency for Decentraland. Decentraland is a metaverse where people can buy digital estates or virtual real estates, build assets, host parties, get togethers, and meet-and-greets. MANA’s value is tied to its host ecosystem—Decentraland. Today, Decentraland and SandBox are two of the most relevant metaverses, and they have attracted global stars like Snoop Dogg and Travis Scott, companies, and tons of individuals.
Like most cryptocurrencies and altcoins, MANA’s market capitalization dropped because demand for virtual estates reduced in the 2022 winter; however, the demand for NFT-based assets, lands, and virtual experience is a world we have only brushed.
NFTs and metaverses seem to be the future of human interaction, and if speculations are right, the world might be sitting on an invention that will become as big as the Web. Web 3 promises virtual realities, augmented realities, and will explore the nuances of human interaction. Imagine getting from work, putting on your VR headset, and getting lost in a new sitting room. Imagine the beauty of your 45-inch television which you bought from a kid in China for just $15. The world is endless and Decentraland happens to sit in that world. The metaverse could be the future, and MANA—a native metaverse token will remain as one of the web3 cryptos if that future becomes a reality.
Ether is the native currency of the Ethereum blockchain, a chain network that uses smart contracts to speed up transaction processes. Ethereum blockchain is a widely adopted network, and many cryptocurrencies and metaverses sit on the chain. It’s important and perhaps possible for the cryptocurrency to hit its former $5,000 glory. Analysts feel that Ethereum might be the most undervalued crypto because its adoption, albeit immense, would get better. The crypto winter affected Ethereum, just like every other coin, and as it rallies, investors might just be buying at a discounted price.
Ethereum is set to launch its proof-of-work system in the fourth quarter of this year. The proof-of-work model will make Ethereum more scalable, consume less energy, and enhance adoption and demand.
Cardano (ADA) is a new undervalued crypto and a proof-of-stake blockchain network. Founded in 2017, Cardano has become the first blockchain network to introduce the Alonzo Hard Fork— a protocol that introduces smart contracts to the chain. Cardano, albeit launched just four years ago, is the cryptocurrency with the eigth-largest market capitalization. With over 45 billion coins and 15.5 billion market capitalization, Cardano sits as a treasure in the crypto world.
But why is Cardano undervalued? Like most cryptocurrencies, Cardano’s value dropped in the winter market from $3 per coin and now trades at just $0.463831—a massive undervalue. While the coin is rallying, the current value is still a massive discount (at least 80% discount).
Cardano is a blockchain and ADA’s value sits on that chain, and ADA is one of the most undervalued cryptocurrencies. From retailers using the Cardano wallet for saving crypto to its usefulness in the Agriculture industry, Cardano’s adoption is impressive. Agricultural companies explore the blockchain to track fresh produce from point of production (the field) to fork. Cardano is also used to securely store educational credentials and track and clamp down counterfeit products.
Ripple runs on the RippleNet. RippleNet is a digital payment network that runs on a distributed database. RippleNet works differently from blockchain protocols because it is centralized; hence does not need a proof-of-work. RippleNet has a faster transaction speed, even faster than Solana.
Ripple doesn’t have to be mined, making it sustainable, energy efficient, and green.
The company is presently fighting a legal battle; however, with the recent success over the SEC and the plan to launch an IPO, Ripple’s value might surge beyond the $1 mark in the fourth quarter of 2022.
An undervalued cryptocurrency trades at a market price below its intrinsic value. For example, Ethereum trades at less than $3,000; however, if the crypto winter passes, it might climb back up to $5,000 and higher. Also, Ethereum’s price can soar if the creators announce the launch of the proof-of-stake model. Everyone buying Ethereum at such a price would gain immensely if speculations are right.
In the crypto world, it’s important to identify undervalued cryptocurrencies and tokens. Most investors know that markets are defined by demand and supply structure. However, some factors drive an asset’s demand, supply, and price. If demand increases, price increases; if demand drops, the price of the corresponding asset drops. If supply increases and there is relatively reduced demand, the price of the asset drops. The oscillatory movement of demand and supply is determined by factors like global economic conditions, inflation, debt, adoption of an asset, and intrinsic and futuristic value.
The most undervalued cryptocurrencies give you the best ROI, short-term and long-term. Often, many people sell when they should be buying, and then buy when they should be selling. A basic understanding of the market cycle changes one’s perspective of the cryptocurrency market and every market. In a market cycle, there is the accumulation phase. In this phase, the market is bearish, and the prices of an asset have hit their bottom. Market sentiments are negative in the accumulation phase. The media is also gloomy and predicts all sorts of evil; however, when an asset hits rock bottom, the only way to go is up.
Because of negative market sentiments, the accumulation phase market is bearish—everyone wants to sell so as to save some of their investment, break even or reduce loss. When a market is down—just before it starts rallying, early adopters will buy the asset because they will be paying a huge discount. Every market exists in cycles, and understanding when a cryptocurrency has hit its rock bottom and when it will rise will put investors in a position to win the long game.
NFTs, cryptocurrencies, and altcoins were down in the second quarter of 2022. The market bleed was so brutal that investors lost more than $9 billion. Metaverses and NFT ecosystems lost billions in market capitalization, and stablecoins were fundamentally floored. It’s another record moment in the crypto cycle; however, cryptos are rallying, gaining back prices, and pushing the boundaries of the free crypto economic fall. It’s the best time to invest, especially for long-term players. As usual, many people will buy after the crypto market thrives through and the media beams with good news—the only problem is, at that point, the crypto market might have hit its highest high and is on its way down to an accumulation phase.
Investing in undervalued cryptocurrencies has its risks. The risk of losing all your investment is apparent even for high-valued crypto. The cryptocurrency market is new and subject to whims of falls and rises. It’s very important not to invest all you have. Invest amounts you can lose.
Cryptocurrencies should not exist in a vacuum. The most undervalued cryptocurrency sells below its intrinsic value. While most people look at the present market price of a crypto, you must observe what you think the crypto can do in the future. Dogecoin is a meme. Ethereum is a blockchain. Solana is a blockchain. MANA is the native cryptocurrency of a metaverse. What special or unique feature does the crypto offer right now, and will such a unique feature be relevant in the future? When you identify the functionality of crypto, you can play the long game (for example, buying Bitcoin from 2011 to 2013). You can also play the short game (for example, investing in coins you think might become a quick trend and selling them off after the trend dissipates).
In cryptocurrency investment, choosing the right exchange matters. Before choosing an exchange, you must ensure that its features match your needs. Factors to consider include liquidity, transaction fee, number of cryptocurrencies available, volume of cryptocurrencies available for trade, security, insurance policy in the case of a bridge, and customer support.
Bitsamp is another excellent exchange option for the most undervalued crypto. The platform supports only 60 cryptocurrencies; however, its low commissions and transaction fees has made it a favorite amongst investors. Before trading, ensure that your cryptocurrnecies are supported by Bitstamp.
Minimum trading fees.
Bitstamp has excellent application UI.
Excellent web UI and created to appeal to beginner investors.
Expensive 5% fee for card purchase
Hacked in 2015
Missing major crypto
Expensive 5% fee for card purchase
Hacked in 2015
Missing major crypto
Your capital is at risk.
Webull is an excellent exchange for some of the most undervalued cryptocurrencies. While the exchange is not as old as Coinbase, WeBull has carved a name for itself in the crypto niche. Webull offers zero account minimums, excellent margins, and competitive transaction rates. Webull is a premium-based service, but you can access some of its tools and resources even if you are not a premium member. Webull’s prolific features include the simplicity of its web interface. The platform is created to help beginner traders understand cryptocurrency and trade profitably.
Tools and resources available for beginner and expert traders
Zero trade commissions on crypto.
You can trade stock on Webull.
No trading fees or commission.
Delay in Pay for Order Flow.
Delay in Pay for Order Flow.
Coinbase is the most adopted cryptocurrency platform in the world, with over 103 global million users. Coinbase is beginner-friendly, and provides resources for investors to trade, save, spend, and earn crypto. The platform is excellent for undervalued crypto.
Beginner friendly with intuitive user interface.
Supports many cryptocurrencies.
Provides excellent resources and tools.
Has a mobile intuitive app to help you invest, save, and earn cryptocurrency on-the-go.
Has excellent liquidity
High transaction fees
Poor customer service
High transaction fees
Poor customer service
Perhaps the most undervalued cryptocurrency at the moment is Tamadoge. The NFT-based token is yet to launch on exchanges which means that the price has huge potential to soar. Some predict that TAMADOGE will increase by 25x during the exchange listing. You can buy the token through the presale event which is currently live.
Ethereum is also one to watch this year. The Ethereum network will soon change from the proof-of-work model to the proof-of-stake, improving the blockchain’s sustainability, adoption, and functionality.
Tamadoge, IBAT, AND DeFi altcoins are undervalued. Ethereum and Bitcoin are also quite undervalued. In the Metaverse space, MANA and SAND are quite undervalued.
Battle Infinity’s potential is quite enormous. The gaming ecosystem is revolutionary and will amass incredible user adoption. The Battle Infinity arena will hold the hearts of many players. It’s not just about the IBAT crypto. The IBAT crypto sits on a platform that integrates gaming, metaverse, blockchain protocols, and P2E system—it is entirely unbeatable. There are also other cryptos with high potential in 2022. Ripple, for instance, might launch an IPO in the fourth quarter of 2022 or first quarter of 2023. If the IPO happens, the price of the coin is expected to skyrocket. Ripple is also rallying well after the crypto winter, and unless something unexpectedly bad happens, we can evaluate it rallying to around a dollar in 2022 and $10 in 2025. Notable mentions here is Bitcoin. However, unless you plan on investing unholy amounts of money, you may not see massive returns from Bitcoin in 2022—A long-term plan, however, isn’t far-fetched.
Every cryptocurrency investment is risky. It’s important to only invest money you can afford to lose. The crypto market is volatile and prices can rise and drop without regard to mass market sentiments. Undervalued cryptocurrencies are expected to rally, rise, and deliver incredible ROI. The only problem is, that sometimes when analysts think that a coin has reached its absolute bottom price, it can sink further. A perfect example is the Terra UST stablecoin that delivered disastrous upon disastrous losses to investor, wiping savings and investment portfolios.
You can invest through the Bitsamp, Webull, Coinbase, or Etoro marketplaces. Each marketplace has its unique feature, strengths, and weaknesses. Research each to find out which is best for your investment needs.
Kemi is a research writer and editor, and she explores news features on tech topics from blockchain to NFT, architectural rendering, metaverse, cryptocurrency, and home automation. When she isn't reading or writing, she spends time with her family.
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