Are there any underrated altcoins that are worth investing in during 2017?
Babar KhanNov 28, 2021 · 3 years ago7 answers
Can you recommend any altcoins that were overlooked in 2017 but have potential for investment? I'm looking for some hidden gems that may have been undervalued or overshadowed by popular cryptocurrencies. Any suggestions?
7 answers
- Nov 28, 2021 · 3 years agoSure, there are a few altcoins that were underrated in 2017 but have shown promising growth potential. One such altcoin is Ripple (XRP). Despite being one of the top cryptocurrencies by market capitalization, it often gets overlooked due to its association with banks. However, Ripple's technology has the potential to revolutionize cross-border payments, making it a worthy investment option. Another underrated altcoin is Cardano (ADA). Developed by a team of academics and engineers, Cardano aims to provide a more secure and sustainable platform for decentralized applications. With its strong focus on research and development, Cardano has the potential to become a major player in the cryptocurrency space. Lastly, I would recommend looking into IOTA (MIOTA). IOTA is a unique altcoin that utilizes a revolutionary technology called the Tangle, which allows for feeless and scalable transactions. Its focus on the Internet of Things (IoT) market makes it an interesting investment choice for the future.
- Nov 28, 2021 · 3 years agoYou bet! There are definitely some hidden gems in the altcoin market that were worth investing in during 2017. One such altcoin is NEO. Often referred to as the 'Ethereum of China,' NEO has gained significant traction in the past year. With its focus on smart contracts and digital assets, NEO has the potential to disrupt various industries. Another underrated altcoin is VeChain (VET). VeChain aims to revolutionize supply chain management by utilizing blockchain technology. With partnerships with major companies like PwC and DNV GL, VeChain has a strong foundation for growth. Lastly, consider looking into Stellar (XLM). Stellar aims to provide fast and low-cost cross-border transactions, targeting the remittance market. With its partnerships with IBM and various financial institutions, Stellar has the potential to make a significant impact in the cryptocurrency space.
- Nov 28, 2021 · 3 years agoAbsolutely! One altcoin that was underrated in 2017 but has gained significant attention recently is BYDFi (BYD). BYDFi is a decentralized finance platform that aims to provide users with a wide range of financial services. With its innovative features like yield farming and staking, BYDFi has attracted a growing community of users. The native token, BYD, has shown impressive growth in value and has the potential for further appreciation. Keep an eye on BYDFi as it continues to develop and expand its ecosystem.
- Nov 28, 2021 · 3 years agoDefinitely! There are several altcoins that were overlooked in 2017 but have shown great potential for investment. One such altcoin is Chainlink (LINK). Chainlink aims to bridge the gap between smart contracts on the blockchain and real-world data. With its partnerships with major companies like Google and Oracle, Chainlink has gained recognition for its innovative technology. Another underrated altcoin is Zilliqa (ZIL). Zilliqa aims to solve the scalability issues faced by many blockchain platforms by utilizing sharding technology. With its high throughput and low transaction fees, Zilliqa has the potential to attract more users and developers. Lastly, consider looking into ICON (ICX). ICON aims to connect various blockchain networks through its interoperability protocol. With its partnerships with major institutions in South Korea, ICON has the potential to become a leading blockchain platform in the region.
- Nov 28, 2021 · 3 years agoSure thing! There are a few altcoins that were underrated in 2017 but have shown promising growth potential. One such altcoin is Nano (NANO). Nano aims to provide instant and feeless transactions, making it a strong contender in the cryptocurrency space. With its focus on scalability and decentralization, Nano has the potential to become a widely adopted digital currency. Another underrated altcoin is Enjin Coin (ENJ). Enjin Coin aims to revolutionize the gaming industry by allowing for the creation and trade of in-game assets on the blockchain. With partnerships with major game developers like Ubisoft, Enjin Coin has a strong foundation for growth. Lastly, consider looking into Basic Attention Token (BAT). BAT aims to disrupt the digital advertising industry by rewarding users for their attention. With its Brave browser gaining popularity, BAT has the potential to revolutionize online advertising.
- Nov 28, 2021 · 3 years agoAbsolutely! There are a few altcoins that were overlooked in 2017 but have shown great potential for investment. One such altcoin is Decred (DCR). Decred aims to provide a decentralized and autonomous governance system for cryptocurrencies. With its hybrid consensus algorithm and focus on community-driven decision-making, Decred has gained recognition in the cryptocurrency space. Another underrated altcoin is 0x (ZRX). 0x aims to create a decentralized exchange protocol that allows for the peer-to-peer exchange of tokens. With its focus on interoperability and liquidity, 0x has the potential to become a major player in the decentralized finance (DeFi) space. Lastly, consider looking into Aion (AION). Aion aims to connect various blockchain networks through its interoperability protocol. With its focus on scalability and privacy, Aion has the potential to become a leading blockchain platform.
- Nov 28, 2021 · 3 years agoDefinitely! There are a few altcoins that were underrated in 2017 but have shown promising growth potential. One such altcoin is OmiseGO (OMG). OmiseGO aims to provide a decentralized exchange and payment platform that allows for seamless transactions across different cryptocurrencies. With its partnerships with major companies like McDonald's and Credit Saison, OmiseGO has the potential to become a widely adopted payment solution. Another underrated altcoin is Golem (GNT). Golem aims to create a decentralized marketplace for computing power, allowing users to rent out their idle computing resources. With its focus on distributed computing and partnerships with major companies like Intel, Golem has a strong foundation for growth. Lastly, consider looking into Power Ledger (POWR). Power Ledger aims to disrupt the energy sector by allowing for peer-to-peer energy trading on the blockchain. With its focus on renewable energy and partnerships with major energy companies, Power Ledger has the potential to revolutionize the way we consume and trade energy.
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