(29 May 2024)
In the cryptocurrency market, we are witnessing significant developments. The approval of Spot ETFs for Bitcoin and Ethereum has pushed the market to new heights, with liquidity inflows from giants institutes like BlackRock and Grayscale skyrocketing daily. Additionally, former President Donald Trump has shown his full support for crypto, further boosting confidence in its future. These positive signs indicate a bright future for cryptocurrencies.
In this article, we will explore the top five cryptocurrencies that are still undervalued but have huge potential.
1. Toncoin (TON)
Telegram, the super-secure messaging app used by millions worldwide? They’re building their own blockchain called the Telegram Open Network (TON), and Toncoin (TON) is its native currency. TON boasts lightning-fast transaction speeds and can handle a massive amount of data, making it perfect for a future powered by decentralized communication. Imagine sending money or files instantly within the familiar Telegram interface! With Telegram’s vast user base, Toncoin has the potential to become a major player in the crypto world.
- Current Price: $6.47
- Marketcap: $22.55 Billion
- Last 90 Days Returns: +141%
2. Internet Computer (ICP)
Ever feel like the internet is slow and controlled by a handful of tech giants? The Internet Computer (ICP) aims to change that. This ambitious project is building a new kind of internet that runs on blockchains instead of traditional servers. This will make websites faster, more secure, and capable of running complex tasks like artificial intelligence (AI) directly on the blockchain. the latest specialties of Internet Computer artificial intelligence projects indicating the huge potential of ICP in near future.
- Current Price: $12.17
- Marketcap: $5.65 Billion
- All Time High: $750.73
3. Hedera Hashgraph (HBAR)
Hedera Hashgraph (HBAR) is making waves in the world of real-world asset tokenization. Unlike traditional digital assets, real-world assets like stocks, bonds, or even physical objects can be represented on the Hedera network using tokens. This opens up a plethora of possibilities. Imagine securely trading shares of a company on a decentralized exchange, or owning a piece of valuable artwork through a fractionally owned token. Hedera, with its focus on speed, security, and fixed transaction fees, provides a robust platform for tokenizing real-world assets. This could revolutionize how we invest, own, and trade valuable assets, making them more accessible, transparent, and efficient.
- Current Price: $0.1055
- Marketcap: $3.77 Billion
- All Time High: $0.5701
4. Aptos (APT)
Built by a team of engineers who used to work at Meta (formerly Facebook), Aptos (APT) is a new blockchain designed specifically for the next generation of Web3 applications. Imagine a decentralized future where finance, social media, and gaming all operate on secure and efficient blockchains. That’s the vision behind Aptos. This project is tackling the limitations of existing blockchains by focusing on scalability and security, allowing it to handle a much larger volume of transactions. With its impressive pedigree and focus on solving real-world problems, Aptos could become a major player in the future of decentralized finance (DeFi).
- Current Price: $9.28
- Marketcap: $4.05 Billion
- All Time High: $19.90
5. Worldcoin (WLD)
Ever wished you had a secure digital identity that you could control? OpenAI’s CEO Sam Altman birngs Worldcoin (WLD) is on a mission to make that a reality for everyone. Their goal is to give everyone a free digital identity stored securely on the blockchain. All you have to do is complete a simple “Proof of Personhood” task. Imagine a world where everyone has a verified online identity, making things like online payments and accessing government services easier and more secure. WLD is the token that powers this ambitious project, and its success hinges on widespread adoption. If Worldcoin can convince enough people to join the movement, it could revolutionize how we manage our online identities.
- Current Price: $4.88
- Marketcap: $1.10 Billion
- All Time High: $11.81
In conclusion, these five cryptocurrencies—Toncoin, Internet Computer, Hedera Hashgraph, Aptos, and Worldcoin—are still undervalued but hold immense potential. They each offer unique solutions to current technological challenges and could play significant roles in the future of the digital world. Keep an eye on these promising projects as they continue to develop and grow.