cro: Best undervalued cryptocurrencies and tokens in July - August 2021
Business Analyst /Blockchain Enthusiast
Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?
1. Symbol from NEM (XYM): Symbol is a new Blockchain protocol launched in the first half of 2021 from the same team behind the #NEM NIS1 blockchain. Though the development of the blockchain was going for years, the dapps were also built parallel from the vendors. So as soon as the Symbol blockchain was launched, the NFT platform, and going big new NFTs from football players to Kpop artists coming in the next few months. Also, the supernode program also commenced last month and so we can expect a lot of exchanges trying to become supernode by accumulating a lot of XYM ( as 1M XYM is the minimum requirement for becoming a supernode). The above items will spur the demand for XYM and will see the valuation going up at least 50% in the coming month 2. WAX : The protocol which saw the maximum benefit from the NFT craze was WAX protocol as it was most suited for the NFT. Now WAX is also entering defi with ETH bridge thereby the WAX token can be converted to ETH tokens and can be lent in existing DEX . Also, there is a plan to introduce crypto kitties/bears along with DEFI systems on WAX. So there is a high chance that WAX will explode in the coming months. 3. CRO (from crypto.com). crypto.com has got exchange, NFT marketplace, wallet, defi wallet, debit card, earn cum payment app etc all required for a crypto bank . With recent F1 sponsorship , it is going to get a lot of eyeballs and hence one expect a spike in prices. 4. Dogecoin/ Baby Doge: They can any day go up by 50% but they just require one tweet from Elon musk PLENTY : is a defi system built on Tezos which is still beta phase but once it goes live, one can expect huge demand for it.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.