Everyone’s wants to find those elusive undervalued cryptocurrencies & altcoins with strong upside and long-term potential.
While some believe that the cryptocurrency market is beginning to show signs of stabilization, it’s no secret that the market has been in decline for the better part of 2018. Of course, the declining market cap of the cryptocurrency industry often results in one of two reactions: painful loss or optimistic opportunity.
As you can see, the entire cryptocurrency saw a huge decline in the first and second quarters of 2018. However, it has begun to level off since.
Everyone knows that digital currencies rose to an all-time high at the end of 2017 and the beginning of 2018. Unfortunately, those numbers have been quickly and steadily declining throughout most of the year.
After rising to over $800 billion in January of 2018, the current market cap for all cryptocurrencies now sits under $250 billion. This is a dramatic loss of over $550 billion in ten months. Many digital currencies are now close to the same value they were before the explosion experienced in December and January.
These prices are appealing to investors looking to re-enter the cryptocurrency market. They’ll see great opportunities and favorable value for digital currencies that some would consider undervalued.
10 Of The Most Undervalued Cryptocurrencies
If you’re interested in finding undervalued cryptocurrencies with great potential, we’ll go through ten of them here. These digital currencies have all suffered significant losses since seeing all-time highs. All the coins we’ll discuss have great leaders and teams, offer specific solutions to real problems, and could see promising investment returns in the future.
Bear in mind that in no way are we offering or soliciting financial advice. Always be sure to gather as much information as you can before purchasing or investing in any cryptocurrency. Let ’s take a look at ten of the most undervalued cryptocurrencies with great potential.
Power Ledger Coin (POWR)
POWR Coin is a cryptocurrency that focuses on energy trading. On this platform, consumers that have solar panels can sell off their excess energy to local users. Current systems are antiquated and outdated, which is where Power Ledger comes into play.
Instead of using power stations that push energy to consumers, Power Ledger aims to create a world where neighbors buy or sell power from one another. Energy can then flow in many different directions. This level of complexity is something Power Ledge is capable of handling while tradition power companies cannot.
The disruption in this market results in the ability of users to share their energy with other users. This is done through the power grid, or by simply sharing with another user and bypassing the system altogether. Overall, it aims to disrupt the centralized energy companies ability to fix prices.
Power Ledger provides solutions for three issues in the energy industry:
Nucleus Vision Coin (NCASH)
Nucleus Vision coin is a unique cryptocurrency in that it has vested interests in several markets. For starters, this digital currency integrates with a technology that uses an Internet of Things sensor. This sensor gives retails stores the ability to identify users based on their mobile phone information.
That means that the platform will work whenever a mobile signal is recognized. The user’s mobile ID is detected, and the blockchain tracks it. This technology makes it so retail stores can target specific customers with their promotions.
Additionally, Nucleus Vision seeks to make an impact on the security sector. With its sensors, Nucleus Vision can determine when an object is being stolen in a retail store or workplace. This type of information is all kept safely on its blockchain. Therefore, the Nucleus Vision project really can make the world a safe place.
Nucleus Vision’s token is what the NCASH symbol represents, and its primary use is for transactions on the Nucleus Vision platform. Don’t get confused though. NCASH is just the digital currency, while Nucleus Vision is the company itself.
