As more and more cryptos see the light of day, it is no surprise that some of them shoot to the moon in value while others remain at a smaller market cap.
But just like FIAT currencies, the value of crypto can change overnight and give investors a cool little profit in the long run. In order to identify if crypto is undervalued, we not only need to look at its quality, but also have to consider what it offers in terms of its vision, how well listed it is and whether the development team has the legs to take it far and beyond.
TOP 6 CRYPTOCURRENCIES THAT COULD BECOME THE NEXT BIG THING THIS YEAR
Deep Brain Chain: Deep Brain Chain (DBC) does have a sizeable market cap but it is still in its nascent stage. With investment from NEO, DBC is already listed on KuCoin. DBC’s value lies in the artificial intelligence and machine learning sphere. Being the first proponent of AI in cryptos, DBC’s focus towards decentralized machine learning could be the next big thing.
Ethereum Classic: Ethereum Classic (ETC) has been around for a long time but it has always been sat at the bottom of the ladder in terms of its value. But being one of the highest quality coins around, its upsurge could be only days away. With planned airdrops, investors could expect to see a spike as the coin moves towards its correct value.
SONM: A decentralized AWS service, SONM (SNM) penetrates the cloud computing sphere. Their “Fog Computing” has a vision of decentralizing web development, application creation and machine learning around the world. With a sizeable market cap and a strong development team, SNM’s future looks pretty bright.
Kyber Network: A deflationary crypto, Kyber Network (KNC) is one of the most undervalued coins in the world today. With its decentralized exchange system, KNC plans to steadily decrease the supply of coins as users and exchanges increase. With supply being lower than the demand, it is a sure-shot way to increase the coin’s value.
Elixir: A feeless, money lending smart contract platform, Elixir (Elix) is a robust opportunity to grab thanks to the feeless structure. The coins are mined by spending time lending and borrowing which gives the incentive to stay on and use the platform.
Nebulas: An extremely young crypto, Nebulus (NAS), is the first blockchain search framework. Allowing smart contract prediction and a distributed search model, it is currently peerless in terms of its vision. With an active DEV team, the value of NAS could only go up from here.
EACH OF THE COINS LISTED HERE HAVE SOMETHING UNIQUE ABOUT THEM AND WHILE UNIQUENESS IS NOT A GUARANTEE FOR SUCCESS
what sets them apart from the others could very give them the boost we are looking for. So it is time to complete your research and get your hands on something unique and exciting.