The cryptocurrency market is volatile, but at the same time it has seen a lot of growth since its inception in 2009. In 2019, we have seen a lot of new coins and tokens launch and gain attention from investors. Some of these coins and tokens have been able to achieve impressive gains despite their low market caps.
The next cryptocurrency to explode 2021 is a coin that has been overlooked by many investors. With a market cap of $1,000, the coin is expected to rise in value in the next few years.
When most people think of cryptocurrency, they think of big currencies such as Bitcoin, Ethereum, and others. Most people are unaware, however, that there are THOUSANDS of smaller currencies known as “altcoins” that have the potential to earn much greater profits than Bitcoin. However, these currencies have the potential to fall to zero, which is why it’s critical to ensure they have strong use cases and are managed by competent teams.
With that stated, let’s go into our selection criteria for the top 10 most undervalued cryptocurrencies in 2021…
How Did We Pick The Top 10 Coins?
When compiling the list of the most undervalued cryptocurrencies, we wanted to make sure we covered all bases, including alternatives to Bitcoin and Ethereum.
To be honest, the crypto market as a whole is grossly undervalued. As a result, when looking at the crypto market as a whole, the main currencies (BTC and ETH) are likewise undervalued. But then there’s the issue of what’s your greatest upside potential for the money you’re putting in? Will BTC and ETH increase in value by 50 or 100 times from where they are now? Most likely not. In such scenario, it’s critical to consider upcoming trends such as DeFi, NFTs, and layer two protocols in order to correctly assess the most discounted altcoins with the most upside potential.
So, without further ado, here are the top ten most undervalued cryptocurrencies for 2021…
Top 10 Cryptocurrencies Undervalued in 2021
1. Aurelius Financial Services (AUR)
I’ll start this list off by discussing why I believe Aurelius Finance (AUR) will be one of the greatest hidden diamonds of 2021 and 2022.
According to insiders in the crypto world, the developers behind this project have developed hundreds of DeFi protocols and are now branching out to create the ultimate all-in-one software with the goal of making decentralized finance more accessible to the ordinary user.
Basically, you’ll be able to use their network in a totally decentralized way, deposit your crypto assets, and profit from them. The truly intriguing part is that the platform’s earnings will be distributed to AUR token holders through a repurchase and burn scheme or in ETH, MATIC, or USDC.
And the most incredible part is that this initiative has yet to be released. As a result, by joining their Telegram group here, you may actually get in on the ground floor.
2. Rectangle (MATIC)
The demand for Ethereum scaling solutions like Polygon is one of the major trends we’ve observed over the last few months (and will continue to see over the coming several years).
When it comes to decentralization and security, Ethereum is the king of all blockchains. There isn’t any disagreement here. However, Ethereum’s usefulness is severely limited owing to high gas costs (for doing transactions) and network congestion.
Most consumers can’t afford and/or don’t want to pay exorbitant fees to join in the crypto realm. That is why I am so enthusiastic about Polygon. They’ve essentially built their own Ethereum side chain with low costs that interacts with the Ethereum main chain.
This is why the Polygon Network has seen billions of dollars in crypto assets pour in to interact with protocols like Aurelius Finance (for example). I believe that as a whole, Ethereum and crypto will continue to expand, and as a result, MATIC will grow even quicker.
Information in Tokens:
MATIC is the symbol for the token.
Price, market capitalization, and supply at the moment: (See details here)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- It is the most popular cryptocurrency in the world, with several bull and bear cycles under its belt, and it seems to be primed for another bull run.
- Increasing infrastructure to enable broad adoption by retail and institutional investors, such as custody solutions and traditional-style investment vehicles
- Many nations are progressively achieving regulatory clarity.
- It is the world’s most liquid cryptocurrency, with the most trading pairings.
- It has the potential to replace Gold as the go-to asset for hedging against the risk of macroeconomic uncertainty, since it is increasingly becoming a “Safe Haven Asset.”
- Most institutions, high-net-worth people, and family offices are acquainted with and interested in this cryptocurrency.
- Solution for scalability on the second tier The Lightning Network is gaining popularity.
- Block rewards will be halved in less than 7 months, which, according to historical statistics, will act as a trigger.
Ethereum is number three (ETH)
If Bitcoin was the first decentralized application to promote blockchain technology, Ethereum is the first decentralized platform to include Smart Contract capabilities, allowing developers to build on top of its network. Ethereum is the first “programmable blockchain,” just as Bitcoin is the first “programmable money.” Vitalik Buterin first published Ethereum in 2013 after his suggested programming language for enabling decentralized apps (dApps) failed to find traction in the Bitcoin ecosystem.
It is generally regarded as the major enabler for the widespread adoption of the new crowdfunding method known as Initial Coin Offering (ICO) as well as the primary cause for the acceleration of the creation of decentralized apps (dApps). It has been dubbed Blockchain 2.0, the next development of Blockchain technology that has significantly extended the usefulness of blockchain technology outside of the financial industry.
Information in general
Ether is a name (and a ticker) for a cryptocurrency (ETH)
Total Availability:
The cost is $184.53 USD.
108,114,062 ETH are currently in circulation.
$1,448.18 USD is the all-time high.
$19,949,805,779 USD in market capitalization
$0.15 USD is the all-time low.
Proof-of-Work Consensus Protocol (PoW)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- The smart contract platform’s first mover
- A growing variety of financial instruments are available to support ETH.
- Many important blockchain projects utilize the Smart Contract framework.
- Despite its scalability issues, it is still the most popular platform for creating smart contracts for dApps and crowdfunding projects.
- It has the most cross-industry dApps deployment agreements with renowned industry-leading businesses all over the globe.
- It was officially categorized as not a security by a representative of the United States Securities and Exchange Commission, which was verified by the Crypto Rating Council.
- Ethereum developers have been working hard to discover scaling solutions, such as switching to a proof-of-stake system and using side-chains.
- Ethereum 2.0, which is set to be published soon, is a key driver for further price gains.
Cardano, number four (ADA)
Cardano’s developers pitch their project as a Smart Contract platform, similar to Ethereum’s, but with more sophisticated capabilities. Its development team, which comprises mostly of experienced engineers, researchers, businesspeople, and professionals, claims that it is one of the first distributed ledger technologies to use scientific and research-driven development methods. It is generally regarded as a third-generation blockchain (blockchain 3.0) because it combines all of the greatest features of earlier generations of blockchains while also including new innovations to make it more secure, decentralized, scalable, long-lasting, and useful.
Charles Hoskinson, one of the most prominent and renowned blockchain experts and one of the Ethereum blockchain’s co-founders, leads the team. Haskell, one of the most secure software languages, was used to create Cardano’s platform and coin, adding an extra degree of protection. Unlike Ethereum, Cardano already has a Proof-of-Stake consensus mechanism in place, allowing the team to include safe voting, scalability, and customizable incentive schemes.
Information in general
Cardano (Ticker) is a cryptocurrency (ADA)
45,000,000,000 ADA ADA ADA ADA ADA ADA ADA ADA ADA ADA
$0.0403 US Dollars
Supply in circulation: 25,927,070,538 ADA
$1.18 USD is the all-time high.
$1,056,868,964 USD in market capitalization
0.00 USD is the all-time low.
Proof-of-Stake Consensus Protocol (PoS)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- The majority of Cardano holders are from Japan, which is the nation most likely to achieve cryptocurrency mainstream acceptance, driving demand for ADA, which is limited.
- It offers the same value proposition as Ethereum, but with additional value-adding features including improved Smart Contract implementation and a more scalable consensus mechanism.
- Interoperability is quickly becoming one of the most desired aspects in blockchain, and Cardano is one of the first to create it.
- The team is constantly improving its platform by including the finest features and architecture.
- Some high-profile collaborations are now becoming a reality after five years of testing and upgrades, with the majority of features nearing completion.
EOS is number five (EOS)
The project is designed to be a cost-effective and scalable smart contract platform. Dan Larimer, who is credited with inventing EOS’ Delegated Proof-of-Stake (DPoS) consensus mechanism, was in charge of its development. It’s been characterized as a decentralized operating system that can run enterprise- and industrial-level decentralized apps. The EOS governance concept is based on a decentralized autonomous company.
The platform’s high scalability is due to its blockchain structural architecture, which allows it to expand vertically and horizontally, allowing it to reach millions of transactions per second (theoretically) and eliminate transaction fees. The EOS platform’s primary utility token is used to buy computer resources as well as act as the platform’s main currency for its DEX and dApps.
Information in general
EOS (Ticker) is the name of a cryptocurrency (EOS)
The total supply of EOS is 1,032,253,895.
The cost is $3.09 USD.
935,553,883 EOS are in circulation.
$19.35 USD is the all-time high.
Market capitalization: $2,986,208,298 USD
$1.55 USD is the all-time low.
BFT-DPoS is the consensus protocol.
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- The EOS ICO collected more than $4.1 billion USD over the course of a year, allowing the development team to build a really remarkable blockchain and high-quality dApps on top of it.
- There are a slew of other dApps developed on top of the platform, like Everpedia, a blockchain-based Wikipedia, and EOS.IO’s soon-to-be-released Voice social media network, which will greatly boost the platform’s usefulness.
- EOS.IO has resolved with the US Securities and Exchange Commission (SEC) over an unregistered ICO, paying $24 million in civil monetary penalties and thereby resolving the matter.
- Several governance and resource management changes have been made to increase operational efficiency and cost-effectiveness.
- Integration with USDT, the world’s biggest stablecoin, may boost EOS demand.
TRON is number six (TRX)
It is yet another Smart Contract platform that aims on decentralizing the internet via the use of blockchain technology. It has its own Tron Virtual Machine, which is said to be 100 percent compatible with Ethereum’s Virtual Machine, allowing Ethereum dApps to run on TVM with just minor changes. It utilizes the Delegated Proof-of-Stake consensus mechanism, which enables it to achieve high bandwidth with transaction rates of over 2,000 Transactions per second (TPS). With such characteristics, it was able to attract a large number of current Ethereum engineers and projects.
Tron has grown to become one of the largest and most active blockchain platforms in the dApps industry by providing an integrated suite of development tools, a highly attractive reward scheme, and relentless marketing efforts. Its unwavering commitment to partnerships, collaborations, and strategic acquisitions has positioned them as the premier smart contract issuing platform.
Information in general
TRON (Ticker) is the name of the company (TRX) TRX Supply: 99,281,283,754 TRX Total Supply: 99,281,283,754 TRX
The cost is $0.0159 USD. 66,682,072,191 TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX TRX
$0.39 USD is the all-time high. $1,060,581,544 USD in market capitalization
$0.0016 USD is the all-time low. DPoS is a consensus protocol.
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- Despite improved fundamentals like as the Sun Network 2nd layer scaling solution, the BTFS release, and BLive, TRX is down 93.2 percent from its all-time high (BitTorrent-based technologies).
- Marketing staff is quite powerful, and they have a great social media presence.
- Tron has a strong, enthusiastic, and supportive community.
- TRX-infused BitTorrent-based (Tron acquisition) goods and services will be available shortly.
- Tethers (USDT) based on TRC20 that are easier to transfer.
- The monthly BTT airdrops let users to earn passive income with Holdings TRX.
- For a short period, holders of TRC20 USDT may receive a 16 percent annual percentage rate.
0x 7. (ZRX)
This project intends to offer users with an open standard and permissionless network protocol that enables the near-frictionless peer-to-peer trading of Ethereum-based currencies. By using off-chain transactions relayers and Ethereum smart contracts that are open-source and can be linked to any dApp that includes exchange functionality, it serves as a common building block for interoperability across decentralized exchanges. DApps that use the 0x protocol will be able to use public liquidity pools or, if necessary, establish their own and charge transaction fees. 0x also has decentralized governance, which allows it to safely and constantly incorporate changes without causing service interruptions or notifying end-users.
The ZRX token serves as a governance token that may fuel a decentralized update mechanism that allows the system to incorporate protocol changes without interrupting services and protecting stakeholders. It also acts as a kind of user compensation for relayers who may be required to bear operating costs and future-proof the protocol.
Information in general
0x (Ticker) is the name of the program (ZRX)
1,000,000,000 ZRX total supply
The cost is $0.259 USD.
601,198,566 ZRX ZRX ZRX ZRX ZRX ZRX ZRX ZRX ZRX ZR
$2.57 USD is the all-time high.
$155,856,624 USD in market capitalization
$0.067 USD is the all-time low.
PoW (Protocol of Consensus)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- For a fully decentralized marketplace, decentralized exchanges are regarded as the way forward.
- 0x is in a unique position to bring ERC20 decentralized exchanges together via interoperability.
- It will benefit from Ethereum scaling solutions that will be deployed in the near future, since it is built on top of the Ethereum smart contract platform.
- Proposal for Stake-based Liquidity Incentives’ chances of being accepted
ChainLink is number eight (LINK)
It functions as a data bridge between decentralized networks like the blockchain and off-chain resources. It functions as a conduit for Smart Contracts to interact with different external resources on their own. When specified criteria are fulfilled, ChainLink is often characterized as a decentralized oracle service that provides external data needed to execute a smart contract instance. By submitting a contract to ChainLink’s network, blockchain-based apps may get access to off-chain data.
The method is simple: whenever a user of a blockchain-based application asks data from an outside resource from its own siloed network, ChainLink will decentralize the request and match it with the most suitable oracles. Traditional Oracles are centralized, and relying on a third party to supply vital information necessitates a certain level of trust. ChainLink seeks to offer a decentralized alternative by encouraging users to give smart contracts with external data feed access through a network of decentralized oracles on the Link Blockchain to validate and transmit important information.
Information in general
ChainLink (Ticker) is the name of a cryptocurrency (LINK)
1,000,000,000 LINK LINK LINK LINK LINK LINK LINK LINK LINK
The cost is $2.57 USD.
350,000,000 LINKS LINKS LINKS LINKS LINKS LINKS LINKS LINK
$4.75 USD is the all-time high.
900,261,381 USD in market capitalization
$0 USD is the all-time low.
PoW (Protocol of Consensus)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- ChainLink has a first-mover advantage and has a large number of important relationships both within and outside the blockchain sector.
- As more respected and industry experts join the team, the “herd mentality” is in full force.
- The significance of decentralized oracles is not yet well recognized.
- The development of blockchain technology is picking up steam, and services like ChainLink are critical.
9. Attention Token (Basic) (BAT)
This was created mainly to solve issues in digital advertising, which have been plagued by non-value adding middlemen and fraud, which has harmed not just advertisers but also publishers and consumers. It will serve as the utility token for an open-source, decentralized, and cost-effective digital advertising network based on blockchain technology. Brendan Eich, the inventor of JavaScript and co-founder of Mozilla and Firefox, led the creation of BAT.
The initial application of BAT is its integration with Brave, a new privacy-focused web browser with built-in ad blocking, an opt-in ad privacy feature, and a revenue sharing scheme. Brave also offers content producers a new method to monetize their work by enabling them to earn BAT straight from their website and supported social media platforms by becoming Brave certified publishers. Brave is created by Brave Software Inc, an American software business established by Brendan Eich, the CEO of Brave Software Inc.
Information in general
Basic Attention Token (Ticker) is the name of the token (BAT)
The total supply of BAT is 1,500,000,000.
$0.2012 US Dollars
Supply in circulation: 1,350,250,672 BAT
$0.97 USD is the all-time high.
$271,760,779 USD in market capitalization
$0.069 USD is the all-time low.
PoW (Protocol of Consensus)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- Brave is getting a lot of momentum, which is remarkable given that it’s just one element of BAT’s ecosystem that’s still being developed.
- BAT is working towards integrating with other dApps, like as browsers, to boost the usefulness and demand for its tokens.
- Because BAT is an ERC20 token, the numerous upcoming protocol upgrades on the Ethereum network may boost its upside potential even more.
- The development team is working hard to provide value-adding features to BAT’s ecosystem, such as decentralized VPN, IPFS compatibility, and skSense, an unique privacy-preserving bot detection method for smartphones.
Enjin Coin (number 10) (ENJ)
This is the Enjin crypto currency, which is one of the world’s biggest gaming community platforms, with over 20 million registered members and 250,00 gaming communities. It has positioned itself as one of the top blockchain gaming ecosystem developers by providing a range of goods and services for both players and game creators. Enjin’s blockchain platform is a blockchain PaaS (Platform as a Service) that allows game creators to use blockchain technology and integrate blockchain-enhanced assets without having to create or manage blockchain infrastructure or write blockchain-related programming. Trusted Cloud, Platform API, Wallet Daemon, and Blockchain SDKs are all part of this.
Enjin also gives players real ownership of digital assets by providing client-facing tools for managing, sending, receiving, trading, storing, and exploring these assets. Enjin Network, EnjinX, Enjin Wallet, and Efinity, a game-channel network for conducting highly scalable gaming transactions, are among these technologies.
Information in general
Enjin Coin (Ticker) is the name of a cryptocurrency (ENJ)
1,000,000,000 ENJ total supply
The cost is $0.0644 USD.
776,656,142 ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ ENJ EN
$0.53 USD is the all-time high.
Market capitalization: $50,018,553 USD
$0.0080 USD is the all-time low.
PoW (Protocol of Consensus)
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- The initiatives aim to disrupt the $152 billion dollar gaming industry, which is still growing, as well as develop revenue-generating associated businesses.
- It gives the ever-growing gaming community a means to prove real ownership of virtual goods and characters they’ve spent money and effort collecting.
- Allows players to profit from their game assets or repurpose them for use in other games.
- The Enjin platform adds a “trust” layer into the gaming and game creation sector, introducing new, fascinating, and value-adding dynamics to gaming.
- Blockchain-enhanced gaming is gaining momentum and may be approaching a critical mass.
Steem (#11) (STEEM)
It’s an open-source, scalable blockchain technology for storing and accessing immutable data. Users of Steem-based apps are rewarded with STEEM, a quick and free digital currency, for engaging in a Proof-of-Brain activity (PoB). It’s a method of providing valuable material to the rewards pool while also curating the worth of others’ efforts. The Steem blockchain is one of the world’s quickest and most efficient, generating new blocks every three seconds and scaling to handle over 10,000 transactions per second (TPS). This was made possible by Daniel Larimer, Steem’s original Chief Technology Officer and co-founder, who developed Delegated Proof-of-Stake.
Steem has grown into a strong platform for a variety of user-facing apps, capable of storing user content, social data, account information, JSON metadata, and much more. The upcoming Smart Media Tokens protocol (SMT) will allow users to build their own STEEM-like tokens on top of the STEEM blockchain, thus turning it into a Smart Contract Platform and boosting STEEM’s usefulness.
Information in general
Steem (Ticker) is the name of the cryptocurrency (STEEM)
364,746,655 STEEM STEEM STEEM STEEM STEEM STEEM STEEM STEEM
The cost is $0.1392 USD.
347,772,561 STEEM STEEM STEEM STEEM STEEM STEEM STEEM STEEM STEEM STEEM
$8.57 USD is the all-time high.
$48,441,570 USD in market capitalization
$0.0691 USD is the all-time low.
DPoS is a consensus protocol.
Pros
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Cons
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Why is this cryptocurrency one of the most undervalued?
- Improvements to the protocol may reignite the enthusiasm of the crypto investment community.
- Smart Media Tokens will be launched shortly as a token system for content websites, applications, online communities, and guilds looking for financing, monetization, and user growth.
- Improved onboarding efforts to increase the number of users of steem-based dApps
- STEEM is one of the most undervalued cryptos on the market right now, with a lot of room for price growth in the near future.
Conclusion and last thoughts
This task was made much more difficult by the growing number of cryptocurrencies and the rapid rate at which this young sector evolves. As a result, we’ve adjusted our criteria to focus on crypto projects that we think will be the most lucrative for the remainder of 2019 and into 2020.
Examining the numerous discounted crypto-lists of others and the various ratings of projects from multiple crypto rating agencies revealed the significant difference between their ranks and ratings. Despite this, we did identify a few popular cryptocurrencies that featured on their lists or ranked highly. Furthermore, majority of these cryptos were on our list when we used our own 10T criteria, as stated previously. Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), EOS (EOS), and TRON were the first five cryptocurrencies we mentioned above (TRX).
Smart contract platforms make up four of the top five cryptos on our selected list. Confirming our original assumption that smart contract-enabled blockchain projects are typically more valuable. The reason for this, we think, is that these platforms have the potential to be the base-chain where the next killer-app will be housed. Take a look at the following five cryptocurrencies on our list: 0x (ZRX), ChainLink (LINK), Basic Attention Token (BAT), Enjin Coin (ENJ), and Steem (STEEM) (STEEM).
Except for STEEM, all of them are ERC20 tokens on the Ethereum Network. Surprisingly, STEEM will soon undergo a protocol update that will enable it to provide Smart Media Tokens Protocol, which will allow STEEM to offer smart contract capabilities, bolstering our argument.
The Million-Dollar Problem…
Finally, which one would we pick if we had to?
Surprisingly, the solution to this question is not difficult.
The most popular cryptocurrency, Bitcoin (BTC), will always be the first pick of most cryptocurrency investors.
It is the most liquid, well-known, well supported, and widely used digital money on the market. It is so essential that thought leaders in the industry have realized that Bitcoin’s existence and success are dependent on the survival and success of the whole cryptocurrency ecosystem.
The new cryptocurrency release 2021 is a new cryptocurrency that has just been released. It’s not on any exchange, and it has a low market cap.
Frequently Asked Questions
What is the most undervalued Cryptocurrency 2021?
The most undervalued cryptocurrency in 2021 is Ethereum.
Which Cryptocurrency will grow the most in 2021?
Bitcoin is the most popular cryptocurrency in use today. It has been around for a long time, and it is widely accepted by many people.
Which Cryptocurrency should I invest in 2021?
It is difficult to say which cryptocurrency will be the best in 2021, as there are many factors that go into it. However, I would recommend investing in a cryptocurrency like Bitcoin or Ethereum if you want to make a profit.
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