defi: Best undervalued cryptocurrencies and tokens in July - August 2021

defi: Best undervalued cryptocurrencies and tokens in July - August 2021

< Show Wisdom Collection: Best undervalued cryptocurrencies and tokens in July - August 2021article avatarKarthikeyan Ramachandran

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.

article avatarOlagbadun Olatunde

Cryptocurrencies Trader, Revain Author

Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?

The most undervalued cryptocurrencies at the moment seems to be from cub and Seedify fund. Cub as my starting point is undervalued because I think I many Defi out today is anon, yet Cub is been carried out by developers who are ready to work the present perfect for a Defi project. They don't bring up new updates but work on the old to perfection. SeedifyFund is undervalued because despite it's huge benefits in enriching projects both based on Blockchain and Conventional world, many are yet to tap into it.

article avatarJordan Finneseth

Blockchain Consultant

Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?

SHIB is likely to increase by over 50% due to its foray into DeFi with ShibaSwap, which could morph into one of the top DeFi protocols in the space. Not only has it already been floated as being listed on Coinbase, but its use by Vitalik Buterin as a method of donating to a large charity has likely ensured that it will see more than one bull/bear cycle in the cryptocurrency ecosystem. Cardano (ADA) also has a good shot at seeing a significant increase due to a rapidly expanding ecosystem following the launch of smart contract capabilities. Its recent addition to Grayscale's list of assets further points to the idea that the "smart money" see's long-term potential in the already-functioning proof-of-stake network.

article avatarFredrich Eb

Blockchain and Crypto Project Consulting

Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?

$EGG token by WavesDucks have my vote. $EGG is the prime token of the entire WavesDucks NFT project launched in May 2021. At launch it sold for $34. Then dropped to less than $10 as most users who got them for free dumped theirs not knowing what punch was packed into it. By the time the knowing dawned on them the following week, $EGG was going for above $100. It's now $224. WAVESDUCKS is DeFi, NFT and gamification roled into one, built on the WAVES blockchain by Waves devs to run on a deflationary $EGG token with 1M Max supply. So, the price of EGG token will keep rising. I did a walk-thru intro for everyone interested in building their own Duck NFT empire here: https://steemit.com/wavesducks/@bigriches/some-of-these-nfts-makes-over-usd500-per-month Pls share with your friends. If you got questions do post away on the blog. Happy DeFi-NFTing

article avatarRobert Gazvoda

Crypto and startup advisor | Project developer | listing agent

Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?

The ICP crashed very badly after the initial euphoria. It is a good project and I anticipate over 50% growth in the coming months. TRX also has great potential for growth, as the drop has also been large recently and I expect an upward correction. Tron is the fastest growing project on the DEFI scene. RLC, 1INCH, KAVA, RUNE, NMR, .. also has great potential for growth.

article avatarstan vlad

designer

Which undervalued tokens are likely to increase in price by over 50% within the coming two months? Why do you think that?

ETH and ADALTO and VIDTNano, Loopring, Injective protocol also Algo, XTZ, XLM, LRC, LINK - ETH with the amazing uses with DeFi. Also ADA is starting to look pretty good too. Really any DeFi protocol too I hope will start to take off more with mass adoption.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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