Top 3 Undervalued Altcoins (IMO)
With the overall market cap of cryptocurrencies dropping to about half of what it was at the end of 2017, a lot of people are panic-selling. This is creating a lot of undervalued coins. Here are the 3 with the biggest potential returns in my opinion (unordered):
Stellar- From r/Stellar: “Stellar is an open-source, distributed payments infrastructure. It is a leapfrog technology that connects people, payment systems, and banks with a focus on the developing world. It lets you facilitate multi-currency and asset transactions quickly, reliably, and for a fraction of a penny by using a crypto-asset called Lumens (XLM) as a bridge.“
Stellar initially was a fork of Ripple (XRP) in 2014. Though it should be noted that they share almost no code now. The main difference between Stellar and Ripple is that Stellar is non-profit, targets the underserved/underbanked, has a technological focus on safety and correctness, is much more friendly towards third-party developers, and is much more decentralized than Ripple. As of the time I’m posting this, It’s sitting at 34 cents per XLM. I personally could see it getting as high as $10, if it gets some more attention, but the Stellar Development Foundation doesn’t invest much into marketing.
Cardano- From r/cardano: “Cardano is a highly secure blockchain written in Haskell. It allows formal verification of code, and easy extensibility through a layered architecture. Cardano’s technology is built from peer-reviewed research at some of the world’s foremost universities.”
Cardano is my personal favorite coin. They have (imo) the undisputed best team behind them: IOHK. The IOHK team is filled to the brim with brilliant PhDs in Computer Science, Mathematics, Cryptography, and more. IOHK has been contracted to work on Cardano until 2020. With a non-mineable, max supply of 45 billion coins, It could get as high as 30 or 40 dollars in my opinion. As of right now, it sits at 50 cents per ADA
Siacoin- From r/siacoin: “Sia splits apart, encrypts, and distributes your files across a decentralized network. Since you hold the keys, you own your data. No outside company can access or control your files, unlike traditional cloud storage providers. Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers.”
Sia currently is going through a small rough patch, having to do a hardfork due to a bug making mining take 30 minutes a block. Now that it’s been dealt with though, and Sia is basically just an affordable AWS, I think it’s gonna rise a lot. Currently priced at $0.04 per coin.
These are all my opinion. Lmk what you think is gonna blow up in 2018.
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