Sunday, December 26, 2021

Cheap, Undervalued Coins that are Likely to Surge

Could you imagine if you bought Bitcoin when the price was under $1? You’d probably be pretty happy. With new coins coming out much more often now, there’s a great chance that some will surge in the future. There’s no way to know how high – or low – a coin will go. This article is purely speculation based on the technology and teams behind the coin(s). The coins are not in any particular order.

Siacoin (SC)

Cheap, Undervalued Coins that are Likely to Surge

Sia is a decentralized private cloud for file storage. 

According to their roadmap, Sia’s long-term goal is to become the storage layer of the decentralized internet, ensuring privacy and redundancy through decentralization, and entirely replacing existing cloud storage providers.

Siacoin is trading at less than a cent per coin, at USD 0.006. This is an extremely cheap coin, and the volume is just starting to pick up. For the price to surge, wider adoption of Sia needs to happen, which I believe could happen if the team executes its plan.

Golem Network Token (GNT)

Golem is advertised as a “worldwide supercomputer.” It’s composed of the combined power of user’s machines, from personal laptops to entire data centers. You can use other people’s computing power or rent out your own and make money (in the form of GNT) while you do so.

Golem Network Token (GNT) is currently trading at USD 0.26. Its highest point so far has been around USD 0.68. This project has massive potential and is currently at a great price as well. Look at their roadmap to see what they have in store for the future.

Civic (CVC)

Civic is a “secure identity platform” that provides multi-factor authentication without a username, password, third-party authenticator, or physical hardware token. Civic is trying to eliminate the need for usernames and passwords. All the data is fully encrypted in the app, and the creators/owners do not have any access to your data. You only share what YOU want to share about yourself.

Civic is finishing up the app’s development and is continuing to add more partners to the network. Their biggest partner is currently WikiHow.

After a nice surge, Civic (CVC) currently trades at USD 0.62. Just a few weeks ago, it was sitting at $0.20. The volume also has increased greatly in that time frame.

Binance Coin (BNB)

Cheap, Undervalued Coins that are Likely to Surge

Binance is a cryptocurrency exchange out of China. It launched in early August and already has a large user base. As more people begin to use Binance, the price for Binance Coin (BNB) will also increase. BNB allows you to get 50% off all trading fees.

Just recently, BNB hit a price surge. Currently, they have a promotion going where the trading fee is 0, but once it goes back to normal, the need for BNB will increase, thus increasing its value.

Binance Coin is currently trading at $1.17, a great deal.

Ripple (XRP)

Ripple connects banks, payment providers, digital asset exchanges, and corporates via RippleNet to provide one frictionless experience to send money globally. The currency addresses the need to keep money flowing freely.

The sent money settles in 4 seconds and has a tiny fee.

Ripple is currently trading at $0.16 after a big decrease. If you are thinking of getting some, now would be the time to do so!

Cheap, Undervalued Coins that are Likely to Surge

FunFair (FUN)

FunFair is “The world’s fastest Ethereum casino platform.” It solves many big problems other blockchain casinos have. FUN tokens will be used as chips inside the casino. They have a working proof of concept and are working hard at finishing the development. We should expect a rise in the token’s value once FunFair officially opens.

FunFair is currently trading at $0.02. Don’t expect much movement shortly; this would be more of a long-term hold.

Bonus: TenX (PAY)

TenX makes cryptocurrencies spendable anytime, anywhere. Although this doesn’t fit the criteria of a cheap coin, it still has the potential to surge in the future. A challenge most people have when investing in cryptos is how they can use their profits in the real world. TenX solves that issue.

Recently the price of TenX soared, and I believe it could happen again anytime. Currently, TenX (PAY) is trading at USD 4.52. You can find their roadmap on this page. The initial version is set to release in Q4 of 2017; that’s pretty soon. At that time, I’d expect the price to surge once again.

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