10 Undervalued Cryptocurrencies To Buy

Last Updated September 23rd 2020

Undervalued Cryptocurrencies & How To Trade Them

What are the 10 most undervalued cryptocurrencies to buy? Why are some cryptos undervalued? How to trade and invest in undervalued cryptocurrencies? Here you can find answers to all your crypto trading questions.

The world of cryptocurrency is like a labyrinth of tech innovations, financial experiments, and digital risks. But don’t worry! 

Though crypto trading can be fierce like the mythical Minotaur, we at Trading Education can help you escape the maze of your trading doubts. 

Simply sign up for one of our online trading courses to become a successful cryptocurrency trader of undervalued cryptos.

What Are Undervalued Cryptocurrencies?

The cryptocurrency industry is developing at a rapid pace, with more than 5,000 cryptos out there. From crypto traders to blockchain developers, cryptocurrencies attract more and more people from all over the globe.

Blockchain technology, on the other hand, has the potential to create a new economic world. Here we should note that blockchain technology has applications far beyond the financial sector, and can be used to improve areas, such as medicine, gaming, and voting.

At the same time, cryptocurrency trading is still veiled in myths and misconceptions, which makes it undervalued. Not many understand the potential of decentralised financial systems in making payments safer, cheaper, and faster; some are even quick to label them as a modern whim.

The increasing number of digital assets adds more fuel to the fire, leaving many cryptos under-performing. And when we consider the high volatility of the market, we shouldn’t be surprised that some investors stay away from cryptocurrency trading and its unpredictable nature. 

But why are so many cryptocurrencies undervalued? Why do traders prefer to buy well-performing and popular coins? What are the factors that affect crypto prices?

Well, to put it simply, valued coins are those that have proper development, a strong community, and positive sentiment. To become popular in the trading field, a cryptocurrency has to be based on an innovative platform, with regular updates and promising product implementation. It also has to be supported by a positive marketing image and a strong community to help it conquer the world.

Undervalued cryptocurrencies, on the other hand, are those that do not provide anything new or simply can’t be marketed as real game-changers. Some never say boo and remain obscure in the crypto community.

That said, there are some popular cryptos that remain undervalued despite their potential and price growth. So, let’s have a look at 10 undervalued cryptocurrencies; cryptos that make great assets to invest in!

10 Undervalued Cryptocurrencies

Below we present the top 10 undervalued cryptos in the world of cryptocurrency trading. Let’s not forget, though, that the cryptocurrency industry is changing 24/7, so always do your research before you decide to buy and sell cryptos.

1. 0x (ZRX)

If you haven’t heard of 0x, it’s time to learn more about this undervalued cryptocurrency. Simply because crypto enthusiasts are crazy about it!

0x is a promising but undervalued crypto project built on the Ethereum smart contract system. 0x is also defined as an open protocol that allows traders to exchange Ethereum tokens; it also helps developers build their own crypto exchanges, with decentralised exchanges being considered the logical future of the decentralised crypto market.

Moreover, 0x enables the integration of updates and improvements without disturbing the system and end-users.

Though its potential to ensure high interoperability among ERC20 decentralised exchanges is impressive, 0x is still undervalued.

But hey, this shouldn’t discourage you from buying 0x! As a matter of fact, as of August 2020, 0x’s market cap is $324,760,295 USD, as per CoinMarketCap.

zrx price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

2. Fusion (FSN)

Fusion is perhaps one of the most undervalued cryptocurrencies ever, according to experts. This is really surprising because Fusion has an intriguing tech basis.

For instance, Fusion enables a cross-chain asset ecosystem to support different payments, including the tokenization of loans, insurances, and many more. Fusion also allows the development of triggering modes to improve smart contracts.

On top of that, Fusion employs a security layer called Distributed Control Right Management to secure assets on its blockchain

And guess what?! Users can become active participants in Fusion’s ticketed-proof-of-stake process (via Google Compute Engine or Amazon Web Servers).

Thus, although this impressive crypto is undervalued compared to other innovative projects, do your research and give Fusion’s FSN a chance.

fusion price chart, undervalued cryptocurrencies

Credit: CoinMarketCap  

3. Chainlink (LINK)

Talking about undervalued cryptos with huge potential, we should pay attention to Chainlink and its token LINK.

Chainlink is designed to act as a bridge between the blockchain world and outside resources, allowing blockchain apps to access off-chain information. As such, Chainlink is often described as a decentralised oracle and a medium for smart contracts.

These functionalities make Chainlink and its experienced marketing team a trusted source that provides real-world solutions and has gained the support of various organisations outside the crypto industry. 

Note that as of September 2020, Chainlink is in 8th position among other coins by market cap, as per CoinMarketCap.

In fact, decentralised oracles are yet to gain momentum, so keep an eye on Chainlin’s LINK as it has a lot of room to grow.

chainlink price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

4. Enjin (Enjin Coin)

We all know that blockchain technology has the potential to transform the gaming industry, one of the fastest growing and most profitable industries across the globe. A fact that makes Enjin Coin one of the most undervalued cryptos today!

Enjin Coin is the coin of Enjin, considered one of the most popular gaming platforms with millions of users. Enjin’s blockchain system allows game developers to integrate blockchain services and assets without writing blockchain-related codes.

Enjin also allows gamers to buy, manage, and trade their digital assets with client-facing tools, such as Enjin Waller, Efinity, and Enjin Network.

You don’t have to be a gamer or a Crypto Kitties fan to realise that Enjin Coin has a lot of potential. No surprise that Enjin Coin is among the top 100 coins to trade by market cap, as per CoinMarketCap!

enjin price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

5. Polkadot (DOT)

Polkadot is another undervalued coin in the crypto world. Polkadot is defined as a multichain technology that allows the operations of various blockchains together. Note that these parallel blockchains remain autonomous but still work together.

Given its functionalities, Polkadot is a real game-changer; a platform that provides impressive interoperability and scalability levels.

It’s also worth noting that the government in the Polkadot community allows transparent transactions and projects, so all Polkadot stakeholders are highly valued. 

No surprise that Polkadot’s undervalued coin, DOT, is worth investing in. Do not hesitate to look into this investment opportunity and diversify your portfolio.

polkadot price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

6. Holo (HOT)

Holo, one of the youngest and most undervalued crypto projects out there, is another platform worth considering. Described as a “scalable, agent-centric distributed computing platform”, Holo is an agent-centric platform that allows users to host dApps on their devices and make money. 

Many people also believe that blockchain alternatives like Holo can perform faster than decentralised blockchain platforms.

Despite Holo’s promising features, however, Holo’s HOT is way too low. A Holo coin is $0.000533 as of September 2020, according to CoinMarketCap. 

Don’t let its price discourage you, though! While investing in HOT can be risky, trading HOT is worth every penny. After all, cloud computing is a huge industry, with Holo being one of the leaders in the field.

holo price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

7. Basic Attention Token (BAT)

Are you surprised to see BAT on our list? BAT, the coin of the Basic Attention Token, is another undervalued cryptocurrency worth investing in.

We should note that the Basic Attention Token was designed as an open-source decentralised ad exchange system

Its main purpose is to target fraud in the world of digital advertising. Interestingly enough, to help improve ads and user experience, advertisers can pay BAT to web creators and publishers to gain the attention of users.

Believe it or not, the world of digital advertising keeps expanding, and experts believe that by 2021, more than 330 billion U.S. dollars will be spent on digital marketing. Hence, given its main purposes, BAT deserves your time and attention. 

bat price chart, undervalued cryptocurrencies

Credit: CoinMarketcap

8. TRON (TRX)

Our no. 8 is TRON! Though TRON’s TRX is number 15 in the world of crypto trading, according to CoinMarketCap, TRX is among the most undervalued coins out there.

Let’s not forget that TRON was created as a token based on Ethereum, but in 2018 it moved to its own network.

Here we should note that TRON allows users to create smart contracts and dApps, offering massive scalability. In fact, TRON is one of the fastest growing platforms for dApp development.

Because TRON offers numerous tools for developers and has attractive marketing, investing in TRX is definitely worth considering.

tron price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

9. ARK (ARK)

The world of blockchain technology keeps expanding at a rapid pace, with ARK being one of the most promising decentralised companies. 

Note that ARK is developing a next-level blockchain; it employs the so-called SmartBridge technology that allows different blockchains to communicate with each other. Developers can build on top of ARK as the system supports multiple programming languages.

Moreover, ARK aims to make blockchain technology widely adopted. As stated on Ark’s website: “We aim to create an entire ecosystem of linked chains and a virtual spider web of endless use cases that make ARK highly flexible, adaptable, and scalable.”

All this makes ARK’s coin an undervalued crypto with potentially impressive earning potential.

ark price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

10. Bitcoin (BTC)

Wait! What?! Bitcoin? Yes, we know. Despite its popularity, Bitcoin – the oldest, most popular, and most traded coin ever – is one of the most undervalued cryptos in the cryptocurrency trading world.

Bitcoin needs no introduction, true! Launched in 2009, Bitcoin has been ruling the world of cryptocurrency for over a decade now. Developers, traders, and financial experts often call Bitcoin the gold standard in the world of crypto trading. 

Yet, some claim that its scalability issues and inefficient energy consumption make it not valuable. Believe it or not, data shows that Bitcoin consumes more energy than the whole of Switzerland.

But hey! Bitcoin is here to stay, and there’s still room for investment. Do your research and invest in BTC – one of the best cryptos to trade. Just like the experts in the field!

bitcoin price chart, undervalued cryptocurrencies

Credit: CoinMarketCap

Why Should I Invest In Undervalued Cryptocurrencies?

Trading cryptocurrencies, undervalued or not, is an investment option worth considering. After all, cryptos and blockchain technology aim to improve and replace traditional financial transactions.

How? As stated above, undervalued cryptos are decentralised. You do not need any banks or third parties to charge you extra only to make a payment or store your money. Let’s admit it: this is enough to make cryptos – even those that are underpriced – worth investing in.  

In fact, when an undervalued coin with great potential and impressive underlying technology is underpriced, this can be also a real bargain. When an underpriced coin gains its momentum and price appreciation, traders can start selling and potentially make a profit.

Last but not least, many crypto investors look for undervalued cryptocurrencies just because they know that crypto trading is a great way to diversify their portfolios.

How Can I Trade Undervalued Cryptos?

trading undervalued cryptocurrencies

While trading undervalued cryptos can be eventually a profitable financial endeavour, finding undervalued coins worth trading can be hard. Honestly, it requires a lot of knowledge and experience to find an undervalued and underpriced crypto with a lot of potential!

As crypto prices in the world of cryptocurrency trading are based mainly on tech innovations, supply and demand, and sentiment, traders have to invest lots in trading education. Studying indicators and following the news are also crucial to help traders find successful deals.

And one more thing! Even if you get carried away by the hype in the crypto world, you should be always aware of cryptocurrency scams and frauds, especially when it comes to new and micro-cap tokens.

But what about the practical side of crypto trading?, you may ask now. Well, you have different options to invest in undervalued cryptos. First of all, you can buy and store cryptos in a crypto wallet, maintaining ownership. Crypto exchanges, such as Coinbase, can be a great place to buy and sell digital assets. 

You can also trade assets and CFDs via a broker. For instance, one can trade pairs such as BTC/ETH, BTC/USD, and many more. The main principle is to buy cheap and sell expensive. Here you can find a reputable broker to help you get started.

Before you start trading undervalued cryptos, however, do not forget that crypto trading is regulated differently throughout the globe. So make sure you are familiar with regulation as well as taxation in the country you’re based in.

In the end, whether you decide to invest in an undervalued or a well-known cryptocurrency, it’s important to establish healthy trading habits and discipline. To provide an example, controlling your emotions while trading is a crucial factor that can help you succeed. There’s simply no space for fear, greed, euphoria, or overconfidence in trading.

Does it sound overwhelming? No worries! We at Trading Education can help you understand the world of cryptocurrency trading, find an undervalued coin with great potential to buy, and develop self-control. Simply sign up for one of our crypto trading courses in order to become a successful crypto trader.

Key Points

  • The world of cryptocurrency and blockchain technology is developing at a rapid pace, with more and more altcoins emerging every day.
  • Though cryptocurrencies are still misunderstood, trading cryptos is a great way to diversify your portfolio, potentially make a profit, and join the new economic world that blockchain technology is about to create.
  • While many investors prefer to invest in well-known cryptos, trading undervalued coins is also worth considering. In fact, some undervalued cryptos offer impressive innovations but are simply not marketed well.
  • Some of the undervalued coins that you should consider are 0x’s ZRX, Fusion’s FSN, ARK, Enjin Coin, LINK, as well as Bitcoin.
  • When it comes to new coins, always be aware of crypto scams and make sure you follow the crypto regulations imposed by the country you’re based in.
  • To find an undervalued and underpriced crypto to trade, one has to invest in proper trading education, enough practice, and emotional self-control

We at Trading Education are here to help you explore the labyrinths of crypto trading. Sign up for one of our crypto trading courses in order to become the next crypto king.

Further Reading:

Top Cryptocurrencies and Their Challenges

How To Trade Cryptocurrency with $100

Top 10 Most Important Cryptocurrencies Other Than Bitcoin

Pros and Cons of Investing in Ripple

The 5 Most Popular Cryptocurrencies In The USA

Do you think that crypto trading is for you? Would you invest in an undervalued crypto? Which one of the coins described above would you choose? What other undervalued coins would you suggest? Let us know in the comments below!

If you liked our article 10 Undervalued Cryptocurrencies To Buy; Undervalued Cryptocurrencies & How To Trade Them, please give it a like and share it with anyone who might be interested in the topic.

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