Top 3 undervalued cryptocurrency projects to look for
Clear today’s article we are going to review 3 cryptocurrency projects that have been undervalued ever since their launch. All 3 of them have very good chances to spike and help you increase your profits. They all have their own objectives and we’re going to make fundamental analysis on each of them.
#1. Oyster (PRL)
Official website: oysterprotocol.com
Oyster price at coinmarketcap.com
Although its market value is relatively low, it started to trend recently and this digital currency price has shown huge growth in the beginning of January. Although there hasn’t been too much paid advertising of this project, it has earned much more of organic interest from people.
The objective of the Oyster project is as clean and simple as its website. It’s trying to fix big issues related with hosting websites and generating revenue. The revenue that your website may bring you originates from the advertising, which is quite inefficient the way it is now.
People use adblocks. The ads that are spread all over the internet are not friendly in most cases. They pop up on top of a webpage you’re looking at, they can infect your computer with viruses, they make annoying sounds. The users tend to either ignore such ads, or just use adblocking software, which leads to decreasing revenue both for advertisers and for publishers.
Oyster provides you with a simple code that you can put into your website together with your Ethereum address. Once you do this you will start getting paid with Oyster tokens. Thus you can not only get rid of advertisements on your website, but also get additional source of income by supporting the decentralized cloud storage.
The script that you put on your website runs every time a user visits it launching the algorithm that uses a little bit of this user’s CPU power. In return he gets a website that is fully free of ads.
#2. Nuls
Official website: nuls.io
This is an enterprise solution and there are a few things that make this project stand out of similar solutions in the cryptocurrency market, such as Qtum, NEO, Ethereum and others. The crypto-based enterprise solutions are something that huge investors are now interested in, so Nuls has very good chances to strike high.
Nuls at coinmarketcap.com
Nuls’ team is trying to build an enterprise solution that allows any enterprise to step in even without any specific technical knowledge. The project is based on such pieces of technology as multiple chains, sophisticated smart contracts and Proof-of-Credit (POC). They aim for flexibility and ease-of use and also they make developers’ lives easier.
#3. Loopring
Official website: loopring.org
Loopring is the project that aims to create a decentralized exchange where you can buy cryptocurrencies. Such exchange wouldn’t make us put our trust in any centralized platform and make us fear that this platform would be shut down due to its bankruptcy or by government. You keep your funds within your wallets and perform cryptocoin trading with the help of smart contracts.
The aspect that is really worth mentioning and that gives this project a huge advantage is that Loopring supports cross-chain protocol. It means that you can make transactions not only between your ERC20-tokens, but you can also make transactions with any network that has smart contracts.
Currently, the team has launched its own tokens that can be traded on Binance and a number of other exchanges. The launch of the decentralized platform is set for the future, so let’s keep an eye on it.
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