We are going to be going over 5 of the most undervalued altcoins to check out in 2020. Now don’t take this as financial advice as you should always do your own research. However I strongly believe in these 5 gems! You can currently find each one of these coins on both the Coinbase and eToro exchanges. Now lets get right into it.
1. Stellar XLM
The first most undervalued altcoin to check out in 2020 is going to be XLM. Now, if I didn’t own so much XRP I would definitely buy this coin. It’s a token that is for banks, but it’s also for individual users. At its all time high, this coin was right around 90 cents. For the last year to year and a half, it’s been anywhere from a couple cents to just under 10 cents. What seperates XLM from other crypto projects is that they’ve built up strong partnerships with IBM, Samsung Mobile, and a bunch of other companies. I’m hoping this coin can get between 20 and 30 cents in 2021 at some point. So if you can get in at under 10 cents, I think it’s a good hold for the next few months to year, or even more than that.
All right. And then the next one we got here is going to be Ren. This coin came out of nowhere. It’s up 500% on the year which is pretty insane. I do however feel like its got more room to go up. If you can get it in the 20 cent range and you’re willing to hold onto this one for a while, I think this one’s going to be a good one as well, especially in 2021.
3. Basic Attention Token
The next most undervalued altcoins to check out in 2020 is going to be the Basic Attention Token. Now, I’ve owned this coin in the past. I don’t own any right now, but at it’s all time high it was around 90 cents. This one is a really good buy if you can get it in the 20 cent range. And the reason I feel like this coin is definitely going to go up in value over time is because it’s connected with the Brave Browser. Brave competes with Google Chrome for users, and Brave uses the BAT token. As long as Brave continues to steal away users from other browsers and grows, I just anticipate the token is going to rise in value with it. So I think it’s a good long-term hold.
All right. The next coin I’m going to throw up here is going to be Orchid. This is the only VPN based cryptocurrency out there, so it’s very unique. At one point this year, it went up to a dollar. It crashed back down to the 20 cent range. Orchid typically stays in the 20 cent range. But I mean, as long as you’re getting it under 50 cents and you’re willing to hold onto it for a while, this one could be another good one as well.
Now onto our last most undervalued altcoin to check out in 2020 which is XRP. XRP has been able to stay in the top 3 or 4 coins for the last three years. However it’s been stuck in the 20 cent range, and a lot of people out there, including myself, believe that the coming months is when XRP is going to moon. If nothing else keep it on your watch list.
We hope you enjoyed our picks for some of the best most undervalued altcoins to check out in 2020. If you want to learn about some other solid coins click here.