You will find plenty of the projects out there who are undervalued in terms of their prices as well as market cap too. Now you cant really have both at the same time because there is no point having coin who has got no market cap. Such projects cant drive much of the volume and thus buying and selling process can take forever. If you really want to jump in fresh project with at least greater chances of near future then do look for TowerBee. They have launched their own crypto currency exchange and thus listed their coin there only. They do have started with some of the buy and sell orders recently. With the time I am pretty sure this project will give you lot more.