There are more eyes than ever on the crypto market this year as the approved ETFs are likely to bring in a whole new wave of investors. This will likely mean more stability, but it will also mean it will be more difficult for investors to find undervalued cryptocurrencies.
If in doubt, the best place to always go is the presale market. The coins there will always have the lowest prices and their room to grow is substantial if the project has potential. We did the dirty work for you and found four presale coins and one currently underrated coin that smart investors should be backing in 2024.
Bitcoin Minetrix (BTCMTX)
Sponge V2 (SPONGEV2)
Meme Kombat ($MK)
Launchpad XYZ (LPX)
Pepe Coin (PEPE)
So, let라이브 바카라 investigate why smart investors should be eyeing these undervalued projects.
Bitcoin Minetrix- Finally, Bitcoin mining will be for everyone again thanks to this project
Bitcoin mining has come under a lot of fire lately from groups inside and outside the world of crypto. The process is criticized for using too much energy from environmental groups but what many might not know is the criticism of the process is just as strong from crypto enthusiasts. Luckily, Bitcoin Minetrix is a greener and cheaper way to mine Bitcoin.
It is ironically Bitcoin라이브 바카라 popularity that has caused the problem with its mining. The environmental groups are unhappy because the data centers where Bitcoin is mined use so much energy. Of course, these cost an incredible amount of money to run, thus it is a process that cuts out the majority of crypto investors. Bitcoin Minetrix has found a way to involve the everyday investor once again.
The process is a combination of staking and cloud mining called stake-to-mine. Investors stake their BTCMTX and can gain a very generous APY%. They can also exchange their staked tokens for mining credits. These credits are their ticket to Bitcoin mining. A cheaper and greener way to mine which is why the smart investors are all over this project.
Sponge V2- Version 1 already pumped and the new iteration looks even better
Smart investors will be looking for meme coins in 2024 given their success in 2023. They will likely land on Sponge V2 ($SPONGEV2) as the best option given the success of the first version; Sponge Token ($SPONGE).
Sponge Token was one of the more interesting meme coin success stories of last year as it succeeded despite the circumstances surrounding its launch. It was unfortunate to begin its journey during a bearish market, with no publicity, and on a solitary exchange. Despite this, it pumped by 340%, gained a big social media following and got listed on 9 other exchanges.
Now Sponge V2 gets to build on that success with the added bonus of a great P2E game and staking which adds utility to the project. To be part of version 2, investors will first need to purchase and stake version 1 tokens. When they do so, an equivalent amount of version 2 is also purchased. Once the total allocation of $SPONGE is sold out they can claim their $SPONGEV2 along with their rewards.
Meme Kombat - Potentially the most fun you will have playing a P2E game
We cannot wait for the release of Meme Kombat ($MK) as we think it is going to be one of the most exciting blockchain games ever released. The presale also reflects our excitement, it has raised just short of $7 million. The P2E/meme coin crossover should be a project smart investors are looking at.
Inspired by one of the greatest fighting games of all time; Mortal Kombat, this game has a lot of similarities. The main difference is you will be battling for victory with and against the biggest memes of the last 10 years. AI technology is the cornerstone of the game and pushes it to a new level of authenticity not seen before in a blockchain game.
Perhaps the most appealing part of the game is the wagering part. Players will actually be able to bet and win big while playing the game. They can bet against the computer or against other players. There is also a side bet feature where they can bet on fight events like what the first move will be. Truly a game packed to the gills with entertaining features.
Launchpad XYZ- The only platform crypto lovers will need for everything Web 3.0
Launchpad XYZ (LPX) has entered the last week of its presale and as listings draw nearer, smart investors are scrambling to get a piece before the inevitable pump. There is a simple reason for this and it's that Launchpad XYZ will provide something the market badly needs.
Web 3.0 is a huge part of everything crypto but no project so far has thought that maybe not everyone is an expert on the new technology. Launchpad XYZ aims to be a platform for every level of Web 3.0 knowledge. From beginners to experts they will guide you through everything you need to know.
The platform has ambitious plans to onboard the next 10 million users onto Web 3.0 and if they even meet a fraction of this goal it will be a huge success. Once you have your basic knowledge, the platform will be able to advise you on the best cryptos that use Web 3.0 to invest in.
Pepe Coin- Given its success last year, we think PEPE could explode again
Pepe Coin (PEPE) has been steadily losing its value since its initial amazing pump last year made investors rich overnight. This is part of the reason we think it is undervalued at the moment. Pepe Coin can consider itself a cult hero within the community and that means it has a big fanbase.
Despite its poor performance, it has always remained relevant in the crypto media due to its large following. If 2024 is as good a year for meme coins as last year was then we forecast a PEPE comeback. This means it is a good buy-low option.
Conclusion
To finish up, it is time to start identifying what cryptos are undervalued as we head deeper into Q1 of 2024. A bullish market may be on the horizon so finding what coins will pump before that is crucial. The first tokens we reviewed in particular all have the properties that make them the perfect targets for smart investors.
