If your looking for some of the most undervalued crypto coins in 2020 we have 5 top picks. While you shouldn’t take this as financial advice I still believe these coins are highly underrated right now. Having been involved in this space for last six years I’ve seen coins sky rocket and plummet within hours. I do believe there are still some diamonds in the rough so lets get started with our picks.
At its all time high stellar was worth around $.90 cents. For the last year its gone as low as $.03 which seemed to be its bottom. As of right now the coin has been on a tear going up almost thirty percent in a week and seems to be on quite an uptrend. The coin was created for financial institutions to move money quickly, but also for individual users. Its highly correlated with the coin XRP which also made our list. Either way at its current price it definitely has a lot of upside potential in the coming months and years.
Our next most undervalued crypto coin for 2020 is BAT. Also known as the Basic Attention Token this coin was made with advertising in mind. Its connected with the Brave browser which competes with google chrome for users. It actually runs on chromium and is an Ethereum based token. It’s all time high price was $.98 cents, but currently hovers around $.23 cent range. I believe as long as the Brave Browser continues getting users the coins price will continue to go up with it. Definitely something to look into.
The third most popular coin by market cap is XRP. This coin has gotten destroyed over the last couple of years going all the way from $3.9 to as low as $.11 cents. It was created for banks to move large amounts of money on the fast and cheap. They have managed to partner with over 300 plus financial institutions to date. There are lots of reasons for the coins drop in price. However at its current level of only $.20 cents there is a lot of upside potential.
Chainlink, a data bridge facilitator and inventor of LINK, is a renowned decentralized medium for smart contracts to the real world and external entities. Its another one of the most undervalued crypto coins in 2020, and is on 14th position among all the cryptocurrency coins globally by capitalization with $1523 million. In simple words, it is a decentralized oracle service which enables the block chained applications to access data outside the chain via requesting a contract to Chainlink’s network. Close to a year and a half ago the coin was at $.50, and right now its at $7.50. It could easily double in price over the next year at its pace. Its definitely worth a look.
Cosmos is a project that was bootstrapped and did a very small funding event in 2017 and since then, it has scaled into one of the biggest organic communities. This altcoin is extremely exciting as it solves the scalability problem. At its all time high it was around $6.5, but has recently fallen to around $3.8. In the next bull run this coin could easily double if not more in price.
Now that we’ve gone over some of the most undervalued crypto coins for 2020 we also have a course recommendation. I recommend checking out the stackthecrypto.com trading course. There are a lot of things that you can learn on here, whether you’re a beginner or you’re novice. I just think that, you’ve got to learn from other people’s mistakes along the way, and you will learn that in here, but you also learn the different trading styles. Also if your looking for a place to trade crypto right now we highly recommend using the Coinbase App.