Top5 Undervalued Alts to Invest in

Foley
Foley
Jul 25, 2019 · 8 min read

Hello Crypto Community!!

Hope y’all doing pretty good? Well, having gone through the frenzy of the crypto world from 2017 to early 2018 where we saw massive explosions of bitcoin and altcoins prices, things went pretty downhill for the later part of 2018 and early 2019 but things are looking good again for crypto. We’re having lots of institutional adoption of blockchain technology and it seems at last, blockchain is going mainstream. Just a couple of weeks ago, the world’s number 1 social media platform with over 2b users, Facebook, announced plans to launch its own cryptocurrency called Libra. Excitement is building up again and there is a sense among crypto fans that we may be headed for another crypto bull run with many suggesting Bitcoin might as well reach $50k and beyond. The Bitcoin halving is next year in May, and you know what happens prior to that — The alt season begins.

So, if you’re looking for some good alts to invest in, below is a list of the top5 undervalued coins that I believe will bring huge profits in a couple of months. You should, of course, know that cryptocurrencies are very volatile and investing in them is risky but I believe it will be less risky if you diversify your portfolio among different solid blockchain projects. So let’s look at the top 5 coins to invest in at the moment.

#5 Matic (MATIC): Marketcap = $43m

Matic Network provides scalable, secure and instant transactions on the Ethereum blockchain. Matic aims to solve some of the major problems impeding mainstream adoption of blockchain technology which are slow block confirmations and high gas fees. Matic Network provides a solution for scalability issue by building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and extremely low-cost transactions coupled with PoS based side chains that push transactions to the Ethereum main chain. After completing its IEO on Binance Lauchpad in April, 2019, Matic Network soon afterward announced that it had received an investment from Coinbase Ventures, an investment arm of Coinbase which is one of the most trusted cryptocurrency exchanges in the world. This caused a lot of frenzy in the crypto space with the Matic price skyrocketing from around $0.003012 to over $0.045017. That’s a whopping 1400% increase in just a couple of weeks. The good thing here though is that the price has dipped back to around $0.012081 and I believe it’s an opportunity to invest in this massive blockchain project. Considering the products already rolled out like wallet, dagger, zapier and the plans for further scalability ahead, I believe Matic is an awesome long term investment that will definitely bring some huge gains particularly if one is able to get in at good levels.

Best exchange to trade MATIC:

Binance

#4 Harmony (ONE): Marketcap = $41m

Harmony is a public, fully scalable blockchain network with high-throughput, low latency, and low-fee consensus. Harmony is a next-generation blockchain that aims to power the decentralized economies of the future by making blockchain to be 10x faster and cheaper than what currently exists in the space. Harmony has the ticker ONE which signifies that Harmony plans to support over ONE Billion users through innovations in consensus protocol, system tooling, and transport networks. With a pool of knowledge from a diverse team which has worked for companies like Google and Apple, Harmony promises to deliver a fully scalable system without sacrificing decentralization. Harmony had its IEO on Binance Lauchpad in May, 2019 and soon became the first project to list on both Binance and Binance Dex. Harmony went as high as 800% from IEO but has since retraced a bit. I believe Harmony will be huge in the coming months and years but I would wait for more dips before jumping in

Best exchange to trade ONE:

Binance

#3 TomoChain (TOMO): Marketcap = $37m

The TomoChain network provides a speedy, scalable, stable and fully decentralized platform for decentralized applications. TomoChain blockchain utilizes a system of 150 Masternodes with Proof of Stake Voting (PoSV) consensus that can support near-zero fees and 2-second transaction confirmation times providing an efficient and scalable solution for Dapps. TomoChain offers a superb scaling solution to the Ethereum network by providing features such as EVM parallelization, hardware integration, and sharding which offers a scalable smart-contract public blockchain for decentralized apps. TomoChain also offers a reward mechanism with masternode giving users the ability to earn passive income by running masternodes on the TomoChain network. This project has so many followers and so much hype especially on Twitter and shouldn’t it, TomoChain has launched a number of unique products till date such as TomoXProtocol, TomoDEX, TomoWallet, TomoStats, etc and many people are definitely pumped about this project for the long run. TomoChain was recently listed on BinanceDex and I won’t be surprised if it lists on Binance sometimes soon. Over the course of July, TomoChain has released quite a number of awesome products which will definitely aid business adoption of blockchain tech like #TomoZ, #TomoIssuer and formed a strategic partnership with @NoiaNetwork. Also, you can check out TomoChain soft staking program on KuCoin is an easy way to earn nice passive income by staking your TOMO in order to vote for masternodes and earn rewards. In terms of price, TomoChain went as high as $2.30 but has since retraced to around $0.514547. But with the level of partnerships and developments going on with TomoChain, you can’t rule out this project from going past its all-time high price in some months.

Best exchange to trade TOMO:

Kucoin

#2 Fantom (FTM): Marketcap = $45m

Fantom Network is another solid project that I’ve just gotten to love more and more over time because of the hard work and dedication that the team has put into achieving so much with the project within a short period of time. Fantom is a DAG-based platform that basically aims to solve the issue of scalability and slow confirmation time that characterize the existing blockchain technology. Fantom wants to revolutionize the current blockchain space by employing an improved version of existing DAG-based protocols making transactions much faster and at near-zero transaction costs. Fantom network also employs the Lachessis protocol which allows the platform to scale up to 300K TPS. After joining the BinanceDex family in late May, Fantom quickly became the first project to move from BinanceDex to Binance by listing on Binance in early June causing the $FTM price to skyrocket. Fantom has an army of supporters on social media and most of its listings have been facilitated by community push which shows why the project is so much loved among crypto fans. Fantom recently announced a partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum which gives Fantom license to foray into Dubai and advance its blockchain tech in the oil-rich region. The tech is solid, the marketing is superb and the community is outstanding. This is definitely one of my biggest bags and I’m confident that in the long term, Fantom will come good in terms of ROI and also in terms of bringing solutions to some of the problems that the current blockchain infrastructure faces.

Best exchange to trade FTM:

Binance

#1 OneLedger (OLT): Marketcap = $1.7m

And now to my dark horse which many are still sleeping over at this moment. OneLedger is a cross-chain app platform designed for developers to extend blockchain technologies. This blockchain platform acts as a gateway between enterprise systems and other private/public chains i.e it provides a one-stop solution for enterprise blockchain applications in the form of modules. So there is a buzz about decentralized technologies revolutionizing the way we do stuffs hitherto, OneLedger is built to allow centralized enterprises to extend their markets via decentralized technologies. So, instead of these enterprises installing many chains like Bitcoin, Ethereum, EOS etc, they would only need to install the OneLedger gateway which allows them to connect to other chains through sidechains technology thereby massively increasing the speed of transactions on the platform. OneLedger was launched deep into the bear market but hasn’t stopped development ever since with so many milestones achieved till date. The Testnet was released in December 2018, a brand new professional looking website launched, staking tokenomics WP recently released, a recent partnership with Shyft Network to advance the interoperability tech. The OneLedger team was recently admitted into the Blockchain in Transport Alliance (BITA) where the project can help companies in freight, logistics and supply chain industries easily onboard blockchain tech through the OneLedger protocol. Also, OneWallet is in the final beta testing phase and will soon be released to the public. For me, the best and safest kind of blockchain projects to invest in are the low cap gems with solid tech and a dedicated team. No better project fits into this category than OneLedger. It’s starting to make some moves in recent weeks and I believe between now and the end of the year will be exciting times for $OLT holders. So, get in while you can guys.

Recent Interview with Blockchain Brad: https://www.youtube.com/watch?v=KSXyrJ-z-u0&feature=youtu.be

Best exchange to trade OLT:

Kucoin

Check out OneLedger Blog for more updates: https://www.oneledger.io/blog/page/1

I believe an investment in any of these projects will definitely be worthwhile in the long run but always have it at the back of your mind that cryptocurrency investments come with its risk and it is highly volatile. But you can minimize the risk by investing in solid projects and you won’t find better projects in the market than these.

Thank you for reading guys!!

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