Post
Topic
Board Altcoin Discussion
Re: Which coins are undervalued in 2024?
by
Ekanayake90
on 09/06/2024, 15:35:31 UTC
ADA. Yes, the price has disappointed, but newbies need to understand the value it holds. I've been keeping it in my portfolio because I know the price will rise eventually. That said, I do have a pretty diverse portfolio and use a crypto trading bot (R100K) to keep it balanced.

Coins like ADA that you mentioned have not shown strong performance at the moment. Today only CTK has started to move up. I think after BNB finishes reaching ATH it will be the turn to ADA or other coins. Last year I saw this pattern. What is clear is that everything will rise again. That's the crypto market, if we are impatient don't expect to make a profit.

Do you think coins like ADA will outperform brand new coins in the coming bull market?

https://i.postimg.cc/nzqXfsk3/agawilga.png

You ain't joking, right? I meant look at how small the TVL compared to the L2 of ethereum blockchain. Look at that. Look at how shitty ADA is. Impossible to outperform the new coins these days. Even ada can't outperform ethereum L2s.

You can compare it to the L2s below.


https://i.postimg.cc/SjbsTm8w/ngdn.png

Look at how bigg the gap between ADA and ethereum L2s. It means that the trust for people to put their money in ADA is so low. ADA will not outperform the new tokens in the upcoming bullmarket.

its aalways safe to understand that new narratives will always outperform the older ones