Post
Topic
Board Speculation (Altcoins)
Re: Which Top 30 CoinmarketCap Rankings are Most Undervalued and Why?
by
X-ray
on 14/05/2024, 07:22:01 UTC
Which top 30 coinmarketcap rankings are most undervalued and why do you think this?

I'm still figuring out what to choose now, most undervalued coins was showing volatility during fluctuations. Everybody should be careful in taking risk on certain choices before deciding which of them will be the most potential to hit the hype.
My experiences was not that good, my ethereum tokens that I hold was really suffering for years and never come back being profitable.
I suppose you're buying ethereum at peak and indeed right now even ethereum hasn't reached its all time high, making the ethereum holders of back then that bought at ATH keep suffering unlike bitcoin where it has already reached peak most ATH holder probably already cashed our or even waiting for another bullrun so that they can double their money if bitcoin somehow hits $100k.

finding undervalued coin as much as my understanding always poses risk of the coin tanking instead, they are undervalued sometime for a certain factor that is probably because their project aren't good enough so their coin just stagnating.
its really hard to find hidden gems like solana back in the days after the massive dumping with the incident of FTX right now such coin doesn't exist anymore since we're already in the bullrun season.
probably only possible to find undervalued coins when there's bearish season where quite literally everyone are just dumping their bags because fomo and afraid of losing further.