With the US elections out of the way, we see a green market emerging. However, altcoins are still lagging behind. Here are 3 top altcoins.
Many people look at memecoins for their next 100x. Check out my recent videos on memecoins if you’re interested in this genre. Still, here are three altcoins with solid fundamentals that should do well. During the bull run, they should see some good price movement. Now is a good entry point.
Quant wants to connect public blockchains and private networks. To do this, it has an operating system or OS, called Overledger. This is the world’s first single API gateway. It connects all blockchain networks.
This is important, because blockchains are DLTs or distributed ledger technologies. However, their apps run most of the time on a single ledger. In other words, there’s no interoperability. That’s where Quant wants to make a difference.
The project started back in 2015 with Gilbert Verdian at the helm. So, there’s a bit of history here. It has a couple of features that support this. For example, it offers various layers. This allows you to develop mDapps. See the picture below.
Source: Quant Overledger whitepaper
You will also need to hold the $QNT token. For example, to renew your license keys. A great use case for their token. But here are some of their layers.
Quant focuses on the financial service industry. However, it also connects various other sectors, like healthcare. Now let’s take a look at the $QNT token.
The current $QNT price is $62.09. It has a market cap of $903 million. As you can expect from a 6-year-old coin, all tokens are in circulation. So, no unlock surprises here. Quant is a strong project with good fundamentals. It should do well.
My next undervalued coin is Oraichain ($ORAI). This is an AI powered oracle, and it’s part of the Cosmos ecosystem. It has been around since early 2021. The oracle sector is an important sector for crypto.
The reason is straightforward. Blockchains can’t communicate with the outside world. However, it needs this outside world information. For example,
Oraichain already has its own ecosystem. For example, it offers,
Oriachain is also extremely user-friendly. For example, it offers extensive beginner’s guides for crypto fundamentals and trading. These are great tools to get familiar with the platform. Or crypto in general, for that matter. But also, DeFi Lens and the chatbot are great tools to help you out with any questions.
So, if we look at the current $ORAI price, we see it at $5.74. It has a $95 million market cap. There’s a max supply of 19.7 million tokens and a total supply of 18.3 million. Out of these, 16.5 million circulate.
Polygon is a Layer 2 solution on Ethereum. It’s been around since 2017. Currently, we’re having Polygon 2.0. If we look at some metrics, it is a top-notch chain. For example,
Polygon 2.0 is about aggregated blockchains. It combines the best of monolithic and modular chain designs. On 4th September, Polygon also launched its new $POL token. This will replace $MATIC. Polygon 2.0 consists of various chains. For instance,
All these chains use $POL as their common currency. It powers all chains on Polygon. With $POL, validators can validate more than only one chain. As many as they want. However, each chain can give various roles and rewards to validators.
The current $POL price is 33 cents. That’s 54% down over the year. Very much undervalued indeed. The market cap is $2.4 billion. However, it has an unlimited max supply. This in contrast to the original $MATIC token. Out of the 10 billion total supply, 7.6 billion circulate.
So, here we are, three undervalued altcoins with plenty of potential. All three altcoins have good fundamentals. Their current situation is because of a general trend, rather than project related. So, plenty of upside is possible here. Which of these altcoins relates most to you and why?
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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