With investors looking for a promising new cryptocurrency, it’s tough to scavenge for credible projects that show potential without going through the most undervalued crypto assets.

Undervalued crypto coins allow you to invest at a price that is perceived to be lower than its actual long-term value. As such, you’ll be investing at a discounted price.

Let’s take a closer look at the most undervalued crypto coins in the market right now.

Top 11 Most Undervalued Cryptos for 2024

  1. PlayDoge — New and playful 2D doge, bringing real-life utility to your digital companion
  2. WienerAI — Undervalued Ai meme coin, with massive staking rewards
  3. Sealana — New undervalued SOL meme coin raised $120k within hours
  4. Base Dawgz — Meme coin that provides interoperability across multiple blockchains
  5. Mega Dice Experience seamless gaming and gambling with the new undervalued Solana token
  6. 99Bitcoins — An undervalued token with rewarding features and staking options
  7. Sponge V2 — Upgraded meme coin with enhanced utility and stake-to-bridge model
  8. eTukTuk — Eco-friendly crypto project with a thrilling P2E game that could increase its growth potential
  9. Evil Pepe Coin — Soaring presale meme token
  10. BTC20 — ‘New Bitcoin’ token has quickly raised $4 million within two weeks of its presale
  11. DeeLance Crypto platform that connects recruiters and freelancers seamlessly

A Closer Look at The Most Undervalued Cryptocurrencies

Are you looking to buy cryptocurrency this month? It is challenging to identify the most undervalued digital currencies in the market among thousands of options.

The good news is that we have done the hard work for you by narrowing our list of undervalued projects down to 11, including old and new crypto projects:

1. PlayDoge

Most Undervalued Crypto to Buy - playdoge

PlayDoge is probably the most undervalued crypto coin right now since its current price stands at $0.005. However, this project has great potential to become one of the best tokens within the crypto-gaming industry. On that note, this multi-utility Doge meme raised over $580K in less than 3 days, which shows strong investor interest.

Furthermore, PlayDoge uses an innovative approach to mobile gaming. This P2E, Tamagotchi-style companion game allows its users to earn $PLAY tokens by taking care of their virtual pets. I.e., players can earn rewards by training and feeding their Doge and by playing mini-games.

To support its growth and price stability, its developers use a staking system that enables token holders to earn annual rewards, whose APY is currently 524%. This BEP-20 token could experience great success once it gets listed on CEXs, like Binance, given that dog-based coins currently experience an upward trend. 

The $PLAY token has a total supply of 9.4 billion, of which 4.7 billion will be reserved for presale.

Hard cap N/A
Total tokens 9.4 billion
Tokens available in presale 4.7 billion  
Blockchain Binance Smart Chain
Token type BEP-20
Minimum purchase 1 $PLAY
Purchase with BNB, USDT, card

2. WienerAI

most undervalued cryptocurrency- wienerai WienerAI is a new player in the cryptocurrency market. It is a cybernetic AI wiener dog that combines artificial intelligence with blockchain technology. 

Investors consider WienerAI the most undervalued cryptocurrency for several reasons. Firstly, the anticipation around WienerAI’s upcoming listing adds to its appeal. Investors are attracted to the potential price surge following the listing, as indicated in Phase 3 of the token’s roadmap. The presale price is set significantly lower than the expected listing price, making early investors poised to see substantial gains. Secondly, presales allow investors to be part of a project’s journey from its developing stage.

We can already see the potential of this coin since, only days after its launch, it raised over $580k.

The token’s total supply is 69 billion dollars, of which 30% is reserved for presale, per WienerAI’s whitepaper.

If you’re looking for low-cost meme coins with high ambition, $WAI is priced at $0.000701, which will gradually increase.

Hard cap N/A
Total tokens 69 billion 
Tokens available in presale 207,000,000 
Blockchain Ethereum
Token type ERC20
Minimum purchase None
Purchase with ETH, USDT,Card

3. Sealana

Most Undervalued Crypto - sealana

Next on our most undervalued crypto list, we have Sealana, a South Park-inspired meme coin that runs on solana. Its design features a chubby seal that looks like Jenkins, aka the Gamer Guy. This similarity made $SEAL very popular among the meme coin community. 

Moreover, this project uses a single-tiered presale setup. I.e., it won’t be divided into rounds, there won’t be founding goals and time limits, and the price of the $SEAL token will be fixed. Investors will be able to buy 6900 $SEAL tokens for 1 SOL. Once its presale concludes, all tokens will be airdropped.

This project could benefit from the recent success of its meme coin peer, Slothana. Slothana also used a single-tiered presale, which led to the FOMO effect. This hype helped the $SLOTH token reach $15M during its presale. Sealana’s developers didn’t publish information about the total token supply, which could further increase $SEAL’s demand. 

To keep up with the latest news, follow Sealana on X (ex Twitter) or join its Telegram channel.

Hard cap N/A
Total tokens N/A
Tokens available in presale N/A
Blockchain Solana
Token type SPL
Minimum purchase None
Purchase with SOL

4. Base Dawgz

most undervalued crypto - base dawgz

If you’re looking for underrated crypto projects that combine popular meme coins with multi-chain interoperability, look no further than Base Dawgz. This project uses Wormhole and Portal Bridge technologies to make the $DAWGZ token compatible with multiple blockchains. The $DAWGZ token is minted on the Base network. However, it can also be traded, stored, and claimed on Solana, Ethereum, Binance Smart Chain, and Avalanche.

Likewise, this is a community-driven project that uses a gamified airdrop system to reward its token holders. Investors will earn points by posting content about Base Dawgz on their social media channels. These points can then be traded for $DAWGZ tokens.

Base Dawgz raised over $221K just a few days after its launch. Its total supply amounts to 8,453,000,000, of which 20% will go towards the presale.

The presale will take place in several rounds. During each subsequent round, the price of the $DAWGZ token will increase by 5%. Its current price stands at $0.00479, while its minimum funding goal amounts to $8 million. Once the presale ends, the $DAWGZ token will be listed on DEXs and CEXs.

Hard cap N/A
Total tokens 8,453,000,000
Tokens available in presale 1,690,600,000
Blockchain Base
Token type ERC-20
Minimum purchase $5
Purchase with ETH, BNB, AVAX, SOL

5. Mega Dice

mega dice most undervalued crypto

Next on our most undervalued crypto list, we have Mega Dice, a Telegram-based crypto casino that recently launched its native token, $DICE. $DICE is a gameFi and Solana-based token that can be used for staking, trading, gaming, and accessing exclusive game features. 

Moreover, Mega Dice casino will reward early buyers with bonus $DICE tokens, while selected token holders will receive limited NFTs. Mega Dice is also known for its daily rewards and a $2.25 million airdrop that will be divided into three sessions.

This project managed to raise over $300K in just 24 hours, which shows that the value of the $DICE token could grow significantly once it launches on DEXs. Its large user base of 50,000+ players and 10,000+ monthly active members will also contribute to its growth.

The $DICE token has a maximum supply of 420 million, of which 147 million will go towards the presale, while 15% and 10% will go towards airdrops and staking, respectively. Its current price stands at $0.069.

Hard cap $10 million
Total tokens 420 million 
Tokens available in presale 147,000,000 
Blockchain Solana
Token type N/A 
Minimum purchase None
Purchase with SOL, ETH, BNB

6. 99Bitcoins

99bitcoins most undervalued crypto

99Bitcoins is a well-known learning platform that’s designed for crypto beginners with no technical knowledge. It offers multiple resources for buying, trading, and earning crypto. What makes it stand out is its Learn-to-Earn system, through which its members will be able to receive rewards for completing crypto courses.

Investors will also be able to use the $99BTC token to generate staking rewards, which currently come with 3730% annual returns, and for on-chain trading. Staking rewards will be shared over 2 years at a rate of 4143 $99BTC per ETH block. Moreover, 99Bitcoins community members will get to participate in its $99,999 BTC airdrop.

The value of the $99BTC token will increase significantly once it extends to the bitcoin blockchain, that is, when it bridges to BRC-20, which should happen after 2024. This makes 99Bitcoins one of the best long-term crypto investments.

The $99BTC token has a capped supply of 99 billion, of which 10.50% will be distributed towards the presale. 1 $99BTC token currently costs $0.00101.

Hard cap $11 million
Total tokens 99 billion
Tokens available in presale 10,395,000,000
Blockchain Ethereum
Token type ERC-20, BRC-20 integration
Minimum purchase None
Purchase with ETH, USDT, BNB, card

7. Sponge V2

sponge v2 homepage

Sponge V2 is an upcoming upgrade to Sponge V1, that promises to bring investors many benefits. On that note, V2 holders will be able to use their tokens to vote on changes within its ecosystem, make transactions, play P2E games, and gain access to dApps and DeFi platforms. This is why many analysts believe that the V2 token could repeat the success of its predecessor, whose value grew by 100x.

V2 tokens can be obtained via the stake-to-bridge model, i.e., by staking V1 tokens. After all V1 tokens are staked, the V2 token will replace them.

Sponge V2 also offers large APYs that go up to 362% on the polygon network, and up to 166% on the ethereum network. The $SPONGE V2 token has a total supply of 150 billion, and nearly 10 billion tokens have been staked so far. At the time of writing, the price of the $SPONGE V2 token stands at $0.001964.

Hard Cap N/A
Total Tokens 150 billion
Tokens available in presale No presale
Blockchain Ethereum
Token type ERC-20
Minimum Purchase None
Purchase with ETH, USDT, MATIC

8. eTukTuk

etuktuk most undervalued crypto

We believe that eTukTuk is one of the most undervalued eco-friendly crypto coins that you can invest in this year. The goal of this project is to improve the Tuk Tuk network in developing countries by offering a green solution – electric versions of Tuk Tuks. Its native token, $TUK, will play an important role in its ecosystem. Namely, investors will be able to use this token to play its  P2E game and earn staking rewards.

As for the former, eTuk Tuk’s P2E mobile game will be available on both Android and iOS devices. Its gameplay includes picking up passengers and completing various missions in a timely manner. Players will receive $TUK tokens for completing these missions. As for the former, early investors will be able to earn staking rewards by locking their tokens for 3 years. At the time of writing, their APY stands at 82%. 

This token has a supply of 2 billion, of which 6% will be allocated to its presale, while its present price is $0.033. However, once it gets listed on CEXs, its value could reach $0.07.

Hard Cap $3.4 million
Total Tokens 2 billion
Tokens available in presale 120,000,000
Blockchain BNB Smart Chain
Token type BEP-20
Minimum Purchase $1
Purchase with ETH, BNB, USDT, card

9. Evil Pepe Coin

Evil Pepe home

Evil Pepe Coin ($EVILPEPE) may be soaring through its presale, but this new cryptocurrency is just at the start of its token life cycle. Since meme tokens tend to offer huge returns as soon as they launch on exchanges, many prefer to purchase them through the presale. 

The EVILPEPE token has a total supply of 6.6 billion units, significantly lower than other popular meme tokens like Dogecoin and Shiba Inu. About 90% of the token supply has been allocated for the token presale.

You can now trade the EVILPEPE tokens on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular.

$EVILPEPE does not offer any utility, but the platform urges high-risk investors to join this exciting and fun cryptocurrency platform.

Since HODLing can lead to long-term gains, one may be interested in acquiring the token when the price is still low. The remaining token supply will be held in a 1-month liquidity lock. To learn more about this exciting meme platform, read the Evil Pepe Coin whitepaper and join the Telegram channel.

Hard Cap $1,996.002
Total Tokens 6.66 billion
Tokens available in presale 5.994 billion
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase None
Payment method USDT, ETH

10. BTC20  

Token holders can earn passive income and enjoy the same tokenomics as Bitcoin by holding BTC20, an Ethereum-based token with a low supply of 21 million tokens.

Like Bitcoin (BTC), BTC20 will gradually release the entire 21 million token supply through a 120-year vesting period. While Bitcoin releases new tokens via computational mining, BTC20 leverages the proof-of-stake (PoS) application. After the presale ends, this token will release a staking mechanism. 

Token holders can stake their tokens to secure transactions on the platform. Stakers receive newly unlocked tokens as blocks are validated on the blockchain. As users stake more BTC, their returns increase over time.

This platform has the potential to be a future cryptocurrency due to the long-term returns one can earn. After the staking contract was released, fewer tokens could be bought, potentially leading to increased demand.

Go through the BTC20 whitepaper and join the Telegram channel to learn more about this cryptocurrency. 

Hard Cap $6,050,000
Total Tokens 21 Million
Tokens available in presale 6.05 Million
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase 10 Tokens
Payment method USDT, ETH, BNB

11. DeeLance 

DeeLance homepage

As an increasingly valuable asset in the web 3.0 sphere, DeeLance is rapidly gaining recognition as an undervalued crypto for its practical applications and potential.

Investors can buy $DLANCE tokens at $0.003509 USD each at the time of writing.

The supply is 1 billion $DLANCE tokens divided into seven pools. 30% is for the presale (no vesting), 10% is for the liquidity pool, 2% is for rewards, and 16% is reserved for CEX listing.

The DeeLance whitepaper emphasizes the importance of three core components within the platform: an NFT marketplace, a metaverse, and a state-of-the-art job-seeking platform. These features grant freelancers an array of tools that enhance their productivity while protecting the intellectual property rights of their digital creations.

DeeLance is a decentralized platform that streamlines business processes and provides automated conflict resolution, secure escrow services, and unique NFTs. It enables swift crypto transactions, reduces fees, and connects users worldwide with top professionals and job prospects.

To stay informed about the project’s latest updates, interested investors can join the DeeLance Telegram group.

Hard Cap $6,800,000
Total Tokens 1,000,000,000
Tokens available in presale 300,000,000
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase $10
Purchase with USDT, ETH, Card

How Do You Tell If a Crypto Is Undervalued?  

Buying an undervalued crypto asset allows you to invest at a discounted price – compared to its perceived worth.

But how do you determine if a crypto is undervalued? Well, in a nutshell, there is no sure-fire way of knowing if a crypto – or any asset class for that matter, is undervalued – not least because the concept is subjective.

Here are some signals and factors to consider when assessing whether a crypto asset is undervalued:

  • Know the Team: Always check the people behind the project, as trustworthy and experienced founders add credibility and attract investor trust.
  • Investigate Backers: Look for well-known investors who put money into the project early. Reputable angel investors and VC funds often choose projects with promising returns.
  • Consider Supply Limit: Some cryptos have a maximum supply limit, which can boost their value due to scarcity. Cryptos with these limits are more likely to be undervalued.
  • Assess Utility: A crypto’s worth depends on the services it offers users. Cryptos with valuable applications, like Ethereum or Lucky Block, tend to be undervalued because of their utility. More utility often means more undervaluation.
  • Analyze the Price Trends: To spot undervalued assets, study price charts. It might be undervalued if the current value is lower than its usual range, and criteria like a reliable team and strong support are met.

How to Find Undervalued Cryptocurrencies?   

Below, we offer some handy tips to help you choose the top undervalued cryptocurrencies for your portfolio.

1. Consider Broader Market Conditions   

Like most tradable instruments, the cryptocurrency markets go through bullish and bearish cycles. This means that, for example, the broader industry can go through a collective upward swing that can last for several weeks or even months.

When this happens, most digital currencies will experience prolonged pricing growth. This happened throughout 2021 when many crypto assets hit new all-time highs.

On the other hand, when the cryptocurrency markets go through a bearish cycle, most projects will struggle in terms of growth. And when this does happen, it gives you the best opportunity to buy undervalued crypto tokens.

The broader markets move in sync, meaning when Bitcoin loses value, so do most other cryptocurrencies, even if the decline isn’t justified with any fundamental reasoning. Therefore, you can often buy your chosen crypto asset at a huge discount.

2. Look at the Market Capitalization    

]This refers to the overall market value of the project and is calculated by the total number of tokens in circulation against the current price of the crypto asset.

The idea here is to assess the current valuation of the project to its prior peak. For example, as of writing, Bitcoin carries a market capitalization of under $800 billion.

However, when the digital currency last hit an all-time high in late 2021, it carried a market capitalization of $1.3 trillion. In buying Bitcoin at current pricing levels, an upside of nearly 70% is required to regain its prior peak valuation.

As such, in exploring the market capitalization of a crypto project and analyzing it against prior highs, you can attempt to calculate the potential upside the investment offers.

3. Search for Low-Cap Gems    

Another effective way to find the most undervalued crypto projects is to search for low-cap gems. This means finding relatively new projects in this space and thus carrying a small market capitalization.

Compared to the other undervalued crypto projects discussed on this page, which carry a valuation of over $1 billion, the upside potential with the best low cap cryptocurrencies could be huge.

Conclusion

This market insight has discussed some of the most undervalued crypto tokens available to buy at a discount. 

Overall, We found that PlayDoge is the most undervalued crypto in the space, already attracting significant attention during its presale phase.

As you consider your investment choices, keep a close eye on the selection of the most undervalued crypto for the potential to unlock substantial gains.

FAQs

What is the most undervalued crypto?

Is Ethereum undervalued

How do I find undervalued cryptocurrencies?