5 Undervalued Cryptocurrencies You Can’t Afford to Ignore
Hey Cryptomaniacs! Crypto Gawd here to show you the light once again. Today, we will take a quick look at some altcoins that deserve your attention. Especially considering they are relatively cheap right now.
Sure you already know about Bitcoin, Litecoin and Ethereum. But, did you know there are over 700 (and counting) cryptos & over 100 assets (cryptos built on top of existing platforms) out there for you to add to your altfolio? Yeah, and with that many options, it can be hard to decipher between the gems and the shitcoins. So, let’s get to it, shall we?
1. Ripple (XRP)
This alt coin has all the makings of a blockbuster hit. It is really affordable currently (.24 as of this writing). It is being heavily adopted by more and more banks by the day, with Asian banks being the pioneers (as usual). It’s always amongst the top 5 in market cap value (currently a bit over $9 billion). They are going to retire millions of XRP in June, which could help the value to increase. Regulators are actually pushing more banks to adopt this alt coin. That is huge.
Although, that is the one thing that blockchain purists and naysayers don’t like about XRP, that they consider it “centralized.” They say that blockchain at its core should be decentralized. But, that is a myth that Thomas Ripple is looking to debunk and he is gaining traction with wider adoption of the technology. The naysayers should actually be happy as it can turn the banking industry on its face, for the better. No more 3–5 day wire transfers and SWIFT interference with this technology being more widely adopted. So, don’t sleep on Ripple folks. Or pay for it later (at the speed of Blockchain).
2. Stellar Lumens (XLM)
I simply like this one because it’s dirt cheap (roughly .03 as of this writing). The price is probably the biggest draw for me here. I can just keep stacking and stacking these and hodl forever without worrying about taking too big of a hit if this gets delisted (highly unlikely). But, if my gut is right and this gem “moons,” then I will have a nice payday, even if this baby hits a quarter.
Another awesome stat for this alt coin is that it always has high volume (currently sitting at $367 million). This is a good thing if you are trying to flip the coins without waiting for buyers for too long. It’s very liquid and that’s one of the features you should be looking for when you are altcoin shopping. Another attractive feature of XLM is that these tokens have the capability to be utilized as idge” between different currencies that do not have their own direct market. It’s always in the top alt coins for market cap (currently at about $363 million). That means there are “whales” involved in this coin and they are stacking for the big payday. As am I. And, you should be too, if you know what’s good for ya.
3. New Economy Movement (XEM)
This coin is quite ambitious in it’s goals. It is not “mined” like most cryptos. Mining can be a detriment because of the hoarding problems it introduces. It is not proof of stake either like others. No, this coin uses what’s called “Proof-of-Importance.” This way the coin is earned by users actually transacting with each other. This helps grow the coin in a meaningful way instead of just being hoarded by miners like the Bitcoins. Think of it as participation points. Lol.
This promising crypto rewards those who support the NEM economy. This growth model makes a lot more sense than simply mining. It is a revolutionary way to handle the future growth and acceptance of this game-changing coin. They also have plans to create the first crypto coin marketplace. Think of it as a blockchain powered eBay. Awesome right?! Yeah, I agree. Plus, this one has a large market cap of $1.8 billion (currently the 4th largest cap for altcoins). It’s also very liquid with 14k changing hands in the past 24hrs. The whales are watching. Keep a close eye on this one crypto fam!
4. Digibytes (DGB)
Digibytes is an awesome alt coin that has been gaining momentum lately. It is severely undervalued and it has many applications. Besides the extremely affordable price of a penny, it has many things going for it. It has a very strong and supportive development community. That’s a big plus in the altcoin world. Of course, this coin has a nice sized market cap at $135 million. This one is also very liquid with nearly 14k changing hands in the last 24 hours.
Besides trading DGB, there’s other ways to earn it. You can even earn DGB simply by playing games like World of Warcraft and League of Legends. This fact alone is boosting a lot of enthusiasm for this altcoin! It also brings in the fervent support of the devoted gamer society into the mix. Besides that, it’s also one of the fastest cryptos out when it comes to transaction times. DGB has implemented special code that allows the crypto to be able to mine 560 transactions as of 2017. This code allows the technology to double block size every year. This will enable DGB to scale the network comfortably, well into 2035, where it will be able to handle 280,000+ transactions. This altcoin is a shining star in the making folks!
5. Pepe Cash (PCSH)
I saved the best for last. Pepe Cash (not to be confused with Pepe Coin) is simply fun! I’m sure we have all seen those funny Pepe the Frog memes on our social medias. Well, did you know there is a whole economy based around it? Yes, this cryptocurrency runs on XRP (Counter Party) which is based on Bitcoin technology. But, that isn’t even the coolest part fam. The cool part is not just the crypto currency. No, it’s the digital “Rare Pepe” cards you can collect that are actually worth money themselves.
You can only buy them with Pepe Cash or XRP. Some cards, like “Lord Kek,” (the most valuable rare of them all) are worth some serious coin. I believe that card sold for $6500 USD just recently. That’s right $6,500 for a freakin’ frog card!
That is the record for highest amount paid for a digital trading card. The values for these babies are going up as more of them get burned in the name of “Kek” (ancient ritual) and become more rare. We are talking about trading digital cards on the blockchain. This movement is growing daily and many whales are opening their eyes to the possibilities here. It’s quite a revolution going on here.
The revolution will not be televised…
Matt Furie never imagined his Pepe the Frog comic would ever get this big. It spawned a digital trading card revolution and even it’s own cryptocurrency. Some may dismiss Pepe Cash, as evidenced by just minimal support by the exchanges. Currently, only Poloniex and Tuxexchange carry this crypto. But, this altcoin is shooting up the charts. As it’s currently the 75th largest market cap (at just over $15 million and climbing). The value of it used to be below a penny. It’s currently hovering just above 2 cents with no end in sight.
The frog currency’s popularity continues to grow as we inch closer to the release of Series 21 of the digital trading cards. Heck, the money-drained Venezuelans have been more open-minded than us. They have been using the Rare Pepe cards as currency in their struggling economy. I know this may sound like a silly pick. But, the money is quite real fam. Do not sleep on this one “kek.” It’s just so fun, and so booming, that it brings a smile to my face. The “normies” won’t understand the craze, only the “alphas” do. But, the following for this movement is crazy! I can’t but help to open my Book of Orbs wallet app and add to my collection of “dank” rares. The true “keks” will be stacking rares and Pepe Cash while laughing all the way to the bank. As Pepe would say, “feels good man.” Lol!
Well there you have it folks! My picks for some of the most undervalued crypto currencies on the market today! I’ll continuously update my lists and keep you in tune with the latest altcoins I feel deserve your attention. If you liked this list and would like to see more, don’t be afraid to resteem, upvote, follow and show me looove baaaby! Lol, hope you enjoyed the list. Stay tuned, more heat coming soon! Crypto Gawd, OUT!