Undervalued crypto assets allow you to invest at a price that is perceived to be lower than its true long-term value. And as such, you’ll be investing at a discounted price.

In this guide, we take a closer look at the most undervalued crypto projects in the market right now.

The 16 Most Undervalued Crypto for 2023

As per our market research, we found that the projects outlined below represent the most undervalued cryptocurrencies in 2023.

  1. Wall Street Memes – A brand new meme coin project from a social media-famous Wall St Bulls. Its successful presale launch positions it as the most undervalued crypto with a tremendous profit potential.
  2. Evil Pepe Coin – Exciting new meme cryptocurrency allocating 90% of its 6.66 billion token supply on presale. This successful presale has already raised $1.35 million of its $1.996 million presale target. 
  3. BTC20 – A new token based on the Ethereum blockchain, $BTC20 claims to be the ‘new Bitcoin.’ The token offers a 21 million token supply, staking benefits and has raised $4 million within two weeks of the presale. 
  4. yPredict – Best undervalued crypto ecosystem for market research, analytics, and predictions. With a total supply of 100 million and a market cap of only 6 million tokens, it’s an undervalued project with tremendous growth potential.
  5. Launchpad XYZ Most undervalued crypto platform providing an intuitive Web3 investment portal and up-to-date crypto analytics. In a week, the project raised over $200,000 through presales.
  6. AiDoge – An undervalued crypto that focuses on AI and memes with a real utility: meme generation. It’s still at the early presale stages, not overhyped by the media and investment frenzy.
  7. DeeLance – Top blockchain-based project aiming to create an affordable and transparent marketplace for freelancers and their clients. The solution is days away from hitting its presale target.
  8. Lucky Block – Exciting Undervalued Crypto in the Crypto-Gaming Niche
  9. Bitcoin – Undervalued Crypto to Buy With Potential for Huge Gains
  10. Ethereum – Undervalued Smart Contract Crypto Growing Exponentially
  11. Decentraland – Emerging Undervalued Crypto From the MetaVerse
  12. Dogecoin – Popular Memecoin with Upside Potential
  13. XRP – Cross-Border Payments Project That Could be Undervalued
  14. BNB – Crypto Asset Backed by the World’s Largest Exchange
  15. Cardano – Popular Crypto Asset Trading at a Discount of Over 65%
  16. Shiba Inu – Cheap Crypto Asset for Speculative Investors

A Closer Look at The Most Undervalued Cryptocurrencies

Are you looking to buy cryptocurrency this month? With thousands of digital currencies available to buy and sell in the open marketplace, finding the most undervalued crypto assets is no easy feat.

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

1. Wall Street Memes — Top Undervalued Crypto to Buy in 2023

Wall Street Memes presale comprises 30 highly-structured phases that should increase the coin's price by 34.8% before the official launch.

Fresh off the press, Wall Street Memes is the crypto at the forefront of our top list. It went into presale on May 26 but was conceptualized and promoted months in advance. As a result, the buzz propelled WSM to unprecedented heights. The network raised $100,000 minutes after its presale launch and over $6.2 million in the next two weeks.

Wall Street Memes owes much of its success to its creators’ business acumen. The team first gathered in the aftermath of the GameStop stock craze in 2021. They took advantage of the numerous retail investors’ leap into the blockchain market, building a non-fungible token project. Their 10,000 NFT collection sold in 32 minutes, making them famous overnight.

The Wall St Bulls, as the project was known, quickly established a strong community of followers online. This support inspired WSM creators to start another blockchain-based initiative — their flagship meme coin token. 

Wall Street Memes was built on the same anti-capitalist foundation as its predecessor. According to its whitepaper, the network’s mission was to counter hedge funds and other institutionalized investors’ monopoly on the financial market by empowering individuals to capitalize on modern meme virality. 

The project rapidly gained traction, capturing the attention of well-known meme coin advocate Elon Musk. However, its commonplace structure and lack of utility case still make it the most undervalued crypto in the sector. Users can buy it for only $0.0283 per token, a discounted presale price. 

If you’re interested in investing in this coin, hop onto WSM’s website and Telegram for more information. These platforms offer updates on the project’s roadmap, including future partnerships, exclusive events, content, and more. One NFT airdrop is already underway.

Presale started May 26, 2023
Purchase methods ETH, USDT, BNB, card
Chain Ethereum
Hard cap  $30,577,000
Min investment 100 $WSM
Max investment N/A

2. Evil Pepe Coin – Soaring Presale Meme Token Has Raised $1.35 Million in a Few Weeks

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 may prefer to purchase them through the presale. 

Evil Pepe home

Currently, the Evil Pepe Coin token presale has already raised more than $1.35 million. For the entire presale round, $EVILPEPE is priced at just $0.000333 per token. The presale hard cap is set at just $1.996 million, after which Evil Pepe Coin plans to launch the token on decentralized exchanges. 

At the speed at which the token presale is selling out, it may not be long before the presale ends. Once the DEX listing takes place, Evil Pepe Coin aims to reach a market cap in excess of $100 million. Volatile meme coins, such as Pepe Coin ($PEPE), reached a market cap of $1 billion in a few weeks after launching. 

Thus, investors will be keen on following this token’s performance ahead of the exchange listing. $EVILPEPE does not offer any utility, but the platform urges high-risk taking investors to join this exciting and fun cryptocurrency platform. 

Evil Pepe tokenomics

Since HODLing can lead to long-term gains, one may be interested in acquiring the token when the price is still low. Evil Pepe Coin has a total token supply of 6.66 billion, 90% of which has been allocated for the ongoing presale. 

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

3. BTC20 – ‘New Bitcoin’ Token Has Quickly Raised $4 Million Within Two Weeks of its Presale 

By holding $BTC20, token holders can earn passive income through a staking mechanism and enjoy the same tokenomics that Bitcoin has to offer. BTC20 is an Ethereum-based token that offers a low token supply of 21 million. 

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 comes to an end, this token will release a staking mechanism. 

Token holders can stake their tokens, which will help secure transactions on the platform. Over time, as the blocks are validated on the blockchain, new tokens will gradually be unlocked and sent to the staked token holders. As token holders stake an increasing number of $BTC, their returns will rise subsequently. 

This platform has the potential to be a future cryptocurrency due to the long-term returns one can earn. Not only will the token supply gradually release, the limited circulating token supply will help make $BTC20 more valuable. After the staking contract is released, a reduced number of tokens will be available to purchase. Thus, the demand can rise substantially. 

BTC20 ease of use

For the ongoing presale, BTC20 has allocated 6.05 million tokens. $BTC20 is priced at $1 throughout the presale, symbolizing the BTC token price back in 2011. This successful presale raised $4 million in just over 10 days of the launch. 

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

4. yPredict – Best Undervalued Crypto for Reliable Financial Market Predictions

Leverage yPredict to get a competitive edge across a variety of industries

The third spot on our most undervalued crypto list belongs to yPredict, a decentralized platform that started presales in early 2023. This newly-established blockchain network has raised over $700,000 in presale and entered stage 4 remarkably fast, courtesy of its relevant initiative. The platform offers a solution to the rapidly escalating issue of financial market volatility — accurate and up-to-date predictions.

At first glance, the claim may seem incredulous, especially to finance professionals who understand the unpredictable nature of advanced algorithms and bots in the crypto market. Nevertheless, yPredict’s whitepaper claims its creators have found a way to bypass these restrictions with the help of smart contracts. 

With the guidance of financial analysts, the in-house technology recognizes patterns in price behavior and generates alerts accordingly.  Users can leverage this information in two ways. Traders can buy the data and analytics they need to make informed decisions on present and future investments in real-time. Fintech beginners can follow the platform’s top-performing traders through the Social Trading feature and replicate their strategies for profit.

To access these and other yPredict features, customers can subscribe to the platform or become token holders. The former model allows users to access up-to-date market research and predictions for a monthly fee. The latter provides those who buy or stake $YPRED, yPredict’s native crypto token, with free access to its analytics. 

Given that its price has increased over 140% since launch, either seems like a fair trade. Nevertheless, you don’t have to decide now. yPredict’s Telegram channel can help you learn more and join the conversation.

Presale Started February 2023
Purchase Methods ETH, MATIC, USDT, BNB, Card
Chain Polygon
Hard Cap $6,507,511
Min Investment 200 $YPRED

5. Launchpad XYZ – Top Undervalued Crypto With a User-Friendly Web3 Platform

With Launchpad XYZ, users have everything they need to thrive in Web3 space

Launchpad XYZ is one of the latest W3 platforms to join the crypto market. Having launched in April 2023, the project had little time to gain traction, ranking fifth on our most undervalued crypto list. However, its Web 3 user-friendly approach, numerous trader-relevant features, and $230,000+ in presale funding are bound to propel it to impressive heights in the upcoming months.

Launchpad’s greatest strength lies in its Web3 dashboard. This intimidating digital structure has been a hot topic in recent years. However, few have had the skills or knowledge to properly explore it or get involved. Launchpad’s creator, Terence Ribaudo, and his team are resolved to change that with the help of blockchain technology. Their easy-to-use platform will provide a portal into the W3 space for tech veterans and newbies.

Users will have a chance to explore the new-gen world wide web at its full capacity, using only their phone number and email address. They’ll be able to get insights on popular cryptocurrency statistics and trends, buy and stake LPX, exchange LPX and other tokens, discover and engage with various DApps, and so on. According to Launchpad’s whitepaper, these features barely scratch the surface.

The experts behind Launchpad’s ecosystem are constantly working on new updates. Modern features like a play-to-earn gaming hub, token directory, metaverse library, and more are already in development. Here’s a Telegram channel you can follow to stay up to date.

Presale Started April 2023
Purchase Methods USDT, EHT, Transak
Chain Polygon
Hard Cap $12.5 million
Min Investment None
Max Investment None

6. AiDoge – Premium Undervalued Crypto Combining Memes With Artificial Intelligence

AiDoge made it to the runner-up spot on list because it’s a potent crypto with innovative utility, combining two major crypto factors: memes and AI. Most importantly, it’s undervalued as it’s still in the early presale stages, meaning you can purchase the tokens much cheaper than the exchange price.

The new AI-powered meme-generation platform is called AiDoge, and its mascot is fitting.

The project’s essential utility is meme generation. In other words, people owning $AI and using AiDoge will be able to create relevant, funny, and format-fitting memes. Most importantly, this process will be powered by artificial intelligence. Instead of having to use photo editing skills and wait for inspiration, meme creators will be able to prompt AiDoge to generate a meme based on their input. As such, AiDoge has the potential to become big in the meme and crypto communities.

On top of that, the project will allow staking, which means investors can earn awards and create passive income. Moreover, the platform will have a social component, with meme artists publishing their work and others voting on them. The voting mechanism will push the best memes to the top, giving more visibility to creators.

AiDoge is made on Ethereum per the ERC-20 standard. The price of a single $AI unit at the current stage of presale is $0.0000264. It will keep increasing until the end of the sale, and the listing price will be $0.0000336, meaning the coin is still undervalued. As stated in the whitepaper, a total of 50% of one trillion coins will be sold during the presale. AiDoge has raised more than $1 million so far.

AiDoge isn’t the first AI nor the first meme token, as similar projects have been launched in the past, including the likes of SingularityNET, PepeCoin, Conflux, and The Graph. However, it’s the first token to combine AI and memes with real utility. Those who missed out on investing in the tokens can now consider AiDoge, which is just starting out. The project is already active on social media and has a dedicated Telegram group

A word of caution: AiDoge is not to be confused or related to ArbDoge AI, as it’s a separate project with a real product. 

Since it’s at the early presale stages, it’s difficult to determine how $AI’s price will change in the future. There’s not enough available data to make any sort of early predictions. We’ll have to wait for the presale to end or at least get to the late stages before coming to conclusions.

One more thing to consider — there’s no info about the team behind AiDoge. They decided to stay anonymous, a common practice for meme tokens. However, it’s safe to say that the team probably has extensive experience with running similar projects, given the initial information about it.

Presale Started  April 2023
Purchase Methods ETH, USDT, BNB, Card
Chain  Ethereum
Hard Cap $14,900,000
Minimum Investment 38,461 $AI
Maximum Investment None

7. DeeLance – Crypto Platform that Connects Recruiters and Freelancers Seamlessly

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.

The $DLANCE presale is now underway, empowering freelancers to accept crypto payments. Investors can buy $DLANCE tokens at $0.025 USDT each during this presale phase. This price, however, is set to surge to $0.035 USDT toward the end of all the presale stages.

DeeLance Presale

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 offers numerous benefits, such as streamlined business processes, an automated and transparent conflict resolution system, secure escrow services, swift crypto transactions, reduced fees, and unique non-fungible tokens (NFTs) that signify ownership of finished projects.

This fully decentralized platform is accessible worldwide, linking users with top professionals and exceptional job prospects. Users can acquire NFTs, metaverse assets, and other ecosystem services using $DLANCE-issued tokens.

Why DeeLance?

DeeLance’s blockchain-secured NFTs serve as a distinctive digital proof of authenticity. This approach aids in mitigating issues like copyright violations and payment scams when transferring ownership of a piece of work.

The platform is developing a metaverse-based concept, including features such as lobby arenas, offices, and conference spaces.

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

8. Lucky Block – Exciting Undervalued Crypto in the Crypto-Gaming Niche

lucky block logoLucky Block is one of the best new cryptos that was founded in late 2021 with the view of revolutionizing the global lottery industry. The project is building a decentralized mobile app that will allow players from all over the world to access its lottery gaming services at the click of a button.

Each and every gaming outcome is governed by a smart contract, which ensures that the number-drawing process is free from manipulation and 100% random. And, as Lucky Block games are not backed or controlled by a single person or authority, no jurisdictional restrictions are in place. Moreover, Lucky Block has quickly gained a reputation as one of the best web 3.0 crypto coins investors can get their hands on in 2022.

This is expected to result in huge jackpot prizes for those participating in Lucky Block lotteries. This top-rated project launched its Lucky Block token in January 2022 after selling out its pre-sale campaign allocation 10 days early. Initially, the token was priced at just $0.00015, albeit, Lucky Block has since hit highs of over $0.009.

LBLOCK Chart

This means that in less than two months of trading, early Lucky Block investors witnessed growth of nearly 6,000%. With that being said, the price of Lucky Block has since retreated to a more favourable entry price of below $0.005. And as such, at current pricing levels, this makes Lucky Block both the most undervalued crypto for 2022, and the best long term crypto investment moving forward.

In fact, if buying Lucky Block for under $0.05 per token, you are getting a discounted price of nearly 50% when compared to its previous peak. This has led many crypto-hungry traders to characterize LBLOCK as the best crypto under $1. In terms of moving forward, Lucky Block has lots planned in the coming weeks and months. For instance, in addition to its native lottery mobile crypto app, Lucky Block is expected to list on no less than 10 centralized exchanges this year.

Huge marketing campaigns are in the making too – which includes billboard advertisements in the Las Vegas strip.

Moreover, although the Lucky Block V1 token operated on top of the Binance Smart Chain, the project has since launched a V2 coin on Ethereum that eliminated the 12% transaction fee and also pumped after listings on centralized exchanges MEXC and LBank and is now listed on Gate – the fifth-largest exchange in the space.

More listings are expected in the near future, while the project also announced a 1% monthly burn to drastically reduce supply and, eventually, drive up the price.

Cryptoassets are a highly volatile unregulated investment product.

9. Bitcoin – Undervalued Crypto to Buy With Potential for Huge Gains    

Ever wondered if you can buy Bitcoin despite its expensive market price? If you’re entering the digital asset space for the very first time – Bitcoin could be the most undervalued crypto to buy today. This is because – in comparison to many of the other crypto projects we discuss today, Bitcoin is a lot less volatile. After all, Bitcoin is the largest crypto asset in terms of market capitalization – as it has been since launching in 2009.

In terms of valuation, Bitcoin has been stuck in a consolation period over the first few months of 2022 – sitting between pricing levels of approximately $37,000 – $42,000. With that said, both ends of this consolidation range are much lower when compared to the asset’s prior all-time high of just under $69,000. If you’re looking to put your crypto holdings to work through innovative features like staking and lending, you might want to check out our in-depth Crypto.com credit card review.

And as such, even if you were to invest in Bitcoin at the $42,000 range – this represents a discounted entry price of almost 40% from its most recent peak. The good news for entry-level investors is that although Bitcoin trades for thousands of dollars for a single token, you can risk just $10 when using a beginner-friendly crypto broker like eToro. This means you can buy Bitcoin with eToro without spending a fortune.

eToro is also home to over 55 different cryptocurrencies, meaning you can buy Bitcoin Cash and the best altcoins directly from the comfort of your home.

Cryptoassets are a highly volatile unregulated investment product.

10. Ethereum – Undervalued Smart Contract Crypto Growing Exponentially    

Another large-cap crypto project that is potentially undervalued in the current economic landscape is Ethereum – which is in second place in terms of market capitalization. This project is home to a decentralized blockchain network that allows developers to create and deploy smart contracts.

There are two key reasons why Ethereum is one of the most undervalued crypto for 2022 and one of the best altcoins. First and foremost, Ethereum has traded below $3,000 per token since the turn of 2022. And, when you consider that Ethereum hit highs of nearly $5,000 in late 2021, at current pricing levels, this represents a huge discount.

In fact, even at $3,000 per token – this translates into a discounted entry price of over 60% from its prior peak. Moreover, Ethereum is due to complete its migration to proof-of-stake later in 2022. When this finally goes through after several years of delay, this will result in significantly faster, cheaper, and more scalable transactions on the Ethereum network.

Cryptoassets are a highly volatile unregulated investment product. 

11. Decentraland – Emerging Undervalued Crypto From the MetaVerse

Next up on our list of the most undervalued crypto for 2022 is Decentraland. This project is home to a MetaVerse coin – MANA, that fuels the Decentraland gaming world. Put simply, users can use MANA tokens to invest in virtual plots of land from within Decentraland and subsequently build real estate projects.

Although this might sound like a farfetched idea, it is important to note that some Decentraland plots have sold for millions of dollars each in recent months. Therefore, there is clearly a verifiable marketplace for MetaVerse projects like Decentraland. And, best of all, At current pricing levels, Decentraland is arguably one of the most undervalued crypto in the market.

decentraland price prediction

For example, in the 12 months prior to writing this market insight, Decentraland’s MANA token was priced at just under $1. And, towards the close of 2021, this high growth potential crypto hit all-time highs of nearly $6 – which represents gains of 500%. However, like many other Web 3.0 coins in this space, MANA has since retreated and thus – is available at a huge discount of over 50%.

Cryptoassets are a highly volatile unregulated investment product. 

12. Dogecoin – Best Undervalued Crypto for Upside Potential   

Fuelled largely by speculation and hype as one of the best shitcoins on the market, Dogecoin was one of the most popular crypto to buy in 2021. After all, Tesla and SpaceX CEO Elon Musk often tweeted about Dogecoin in a positive light, which helped the project achieve huge pricing gains. For instance, at the start of 2021, Dogecoin was trading for just $0.004. But is Dogecoin a good investment moving forward?

Fast forward to May of the same year and Dogecoin hit highs of nearly $0.74 per token. This translates to gains of over 18,000% in the space of just five months. However, the price of Dogecoin has since taken a significant beating, with its value hitting 52-week lows of just $0.11. This has resulted in many Dogecoin price predictions becoming bearish in recent weeks.

With that said, if you’re a fan of Dogecoin and believe that it has a further upside to offer, investing at this pricing point will allow you to enter the market at a huge discount. For example, based on its 52-week low of $0.11, this means that you can buy Dogecoin on eToro at a price that is 85% less than its prior high.

Cryptoassets are a highly volatile unregulated investment product. 

13. XRP – Cross-Border Payments Project That Could be Undervalued   

XRP is the native digital token of the Ripple project – which allows banks to perform cross-border payments at super-low fees and transaction speeds of less than 5 seconds. This is the case irrespective of where the sender and receive are located and which currencies are being used to transact.

xrp price chart

However, there is no denying that XRP is still trading at a price point that is significantly lower than the all-time high it achieved in early 2018 – which stood at $3.84. In 2022, for instance, XRP is yet to breach $1 per token – which means that the project could be one of the most undervalued cryptocurrencies to consider right now. Furthermore, several XRP price predictions have implied that Ripple could reach $3 by 2025.

Cryptoassets are a highly volatile unregulated investment product. 

14. BNB – Crypto Asset Backed by the World’s Largest Exchange   

Binance is the world’s largest cryptocurrency exchange in terms of daily trading volume and liquidity levels. The exchange also has its own native crypto asset – BNB, which allows users of its platform to benefit from discounted commissions. BNB is also the digital token that fuels the Binance Smart Chain, which is home to a range of undervalued crypto tokens like Lucky Block.

bnb price prediction

With that said, the value of Binance Coin has taken a beating in recent months like the rest of the industry. For instance, in late 2021, BNB hit an all-time high of nearly $700 per token. With that said, the token has dropped below $400 per token several times in 2022 already, which represents a discounted purchase price of over 40%.

Cryptoassets are a highly volatile unregulated investment product.

Cardano is a blockchain project that is backed by peer-reviewed academic research. The blockchain is home to a native digital token – ADA, which allows users to send and receive funds in a decentralized manner. Cardano is also able to facilitate fast and low-cost smart contract agreements.

cardano price chart

In terms of pricing, Cardano peaked at over $3 per token in Q3 2021. However, in line with the broader crypto markets, Cardano has since corrected in valuation. For instance, ADA has traded below $1 since February 2022 – which represents a decline – or entry price discount, of over 65%.

Cryptoassets are a highly volatile unregulated investment product.

16. Shiba Inu – Cheap Crypto Asset for Speculative Investors   

As one of the best meme coins, Shiba Inu has experienced huge gains since launching in 2020. In fact, Shiba Inu has performed so well that it is now a top-20 crypto in terms of market capitalization. With that said, Shiba Inu is another crypto that could be undervalued based on current pricing conditions.

shiba inu price chart

For instance, in late 2021 the crypto asset was trading at over $0.00008 per token. But, as of writing, the same digital currency can be purchased at approximately $0.00002. According to Shiba Inu price predictions this represents a price discount of over 75%. And, when you consider just how cheap Shiba Inu is on a token-by-token basis, a small investment of just $100 would still get you over 5 million coins.

Cryptoassets are a highly volatile unregulated investment product.

How do You Determine if a Crypto is Undervalued?  

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

  • As a basic example, if you were to buy Bitcoin at $40,000 but you believe its true market value stands at $60,000 – this means that you are entering the market at a discounted price of over 33%.

But, how do you actually 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.

After all, while you might believe that the digital currency in question is undervalued, another investor might think differently.

With that said, one of the best ways to find undervalued crypto projects is to focus on tokens that you believe will perform well in the long run

For example, if you believe that Ethereum will remain the de-facto smart contract blockchain of choice over the course of time, entering the market at $3,000 as opposed to its all-time high of $5,000 offers a huge discount.

How to Find Undervalued Cryptocurrencies?   

If you’re still searching for the most undervalued crypto projects for 2022 – the best way to find suitable tokens is to perform some in-depth research.

To point you in the right direction, below we offer some handy tips to help you choose the top undervalued cryptocurrencies for your portfolio.

Another digital asset that could be very undervalued is SafeMoon. This crypto has already experienced a 140.05% surge in its 24 hour trading volume. For more insights into this exciting new crypto project, read our SafeMoon Price Prediction article.

Consider Broader Market Conditions   

The cryptocurrency markets – like most tradable instruments, 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, a majority of digital currencies will experience prolonged pricing growth. This happened throughout the bulk of 2021 when many crypto assets hit new all-time highs.

How to Find Undervalued Cryptocurrencies?   

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 – this gives you the very best opportunity to buy undervalued crypto tokens.

This is because the broader markets move in sync. Meaning – when Bitcoin losses 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.

Look at the Market Capitalization    

The next metric to look at when searching for the most undervalued crypto projects is 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 in relation to its prior peak. For example, as of writing, Bitcoin is carrying 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. This means that in buying Bitcoin at current pricing levels, an upside of nearly 70% is required for it to regain its prior peak valuation.

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

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 projects that are relatively new in this space and thus – carry a small market capitalization.

  • For example, according to CoinMarketCap, the previously discussed Lucky Block token carries a circulating market capitalization of just $129 million.
  • When compared to the other undervalued crypto projects discussed on this page – all of which carry a valuation of over $1 billion, this means that the upside potential with Lucky Block could be huge.

And, as Lucky Block was only launched in early 2022, a small market capitalization is justified at this stage. Therefore, buying Lucky Block right now would allow you to do so at a highly attractive entry price.

How to Buy the Most Undervalued Crypto   

Once you have decided on which undervalued crypto tokens to add to your portfolio – you then need to assess which exchanges the project is listed on.

Then, it’s just a case of registering an account with your chosen exchange, making a deposit, and then completing the trade.

If you’re somewhat new to this space and need some guidance on how to buy one of the most undervalued crypto for 2023 – read through our step-by-step walkthrough below.

How to Buy Wall Street Memes ($WSM)

The first segment of our walkthrough will focus on how to buy Wall Street Memes –  which we found to be the most undervalued crypto in the market right now.

This crypto token can be purchased via its presale website by following the guidelines below.

Step 1: Wallet Setup

To begin with, buyers must check if they have a crypto wallet like MetaMask. (Mobile users are recommended to download the TrustWallet)

Step 2: Connect the Wallet

Immediately after, investors should go to Wall Street Memes’ official presale page. Now, buyers should click on the “BUY NOW” button. Now, they need to choose the wallet they have installed (eg, Metamask or TrustWallet).

Step 3: Add ETH/USDT

Now, investors must check if they have enough ETH or USDT ((or other accepted cryptos) in their wallets to buy $WSM tokens. If not, they can also purchase the tokens using a credit card.

Step 4: Buy $WSM Token

After ensuring adequate balance in their wallets, buyers can click either on the “Buy $WSM with ETH” or “Buy $WSM with USDT” button. This applies to all other accepted payment methods.

In this step, buyers need to enter the amount of crypto they would want to exchange in return for $WSM tokens.

Step 5: Confirm the Transaction & Claim Tokens

In the final step, buyers must confirm the transaction after checking the number of $AI tokens to be received. For claiming them, buyers can do so based on the vesting period they opted for.

Cryptoassets are a highly volatile unregulated investment product.

How to Buy Undervalued Crypto on eToro  

All of the other undervalued crypto tokens that we analyzed today are available to buy on the leading brokerage site eToro.

For those unaware of what eToro offers, you can buy and sell dozens of undervalued cryptocurrencies such as Basic Attention Token from just $10 per trade at industry-leading fees.

And, as eToro is heavily regulated it allows you to deposit US dollars via a debit/credit card or e-wallet on a fee-free basis.

Follow the steps below to buy the most undervalued crypto for 2022 in less than five minutes.

Step 1: Open an eToro Crypto Account 

To buy undervalued crypto projects on eToro, first register a free account. This rarely takes more than a couple of minutes from start to finish.

Choose a username and password for your account login details. Then, enter your full name, cell phone number, and email address – before clicking on ‘Create Account’.

eToro - Open Account

After confirming your email address, eToro will ask you for a few more details – such as your home address and social security number (or the equivalent in your home country). 

Cryptoassets are a highly volatile unregulated investment product.

Step 2: Verify Account

Another reason why eToro is so popular with crypto investors is that the KYC process takes less than a minute to complete.

This is because once you upload a copy of your government-issued ID and a proof of address – the documents will be verified near-instantly by eToro’s fintech tool.

Step 3: Deposit Funds

At eToro, you only need $10 in your account to buy undervalued crypto. Supported payment methods include ACH and bank wires, as well as debit and credit cards.

buy dogecoin at etoro

Several e-wallets are supported too – such as Neteller, PayPal, and Skrill. For example, this means you could buy Bitcoin with PayPal directly from your mobile device. No fees are charged on any supported payment method if you are funding your account in US dollars.

Step 4: Search for Undervalued Crypto

Assuming that you already know which undervalued crypto tokens you wish to add to your eToro portfolio, you can simply search for the project and click on the ‘Trade’ button.

buy bitcoin etoro

The other option is to view the full list of supported crypto markets by clicking on the ‘Discover’ button.

Step 5: Buy Undervalued Crypto

The final part of this step-by-step walkthrough will require you to place a buy order. You will first need to let eToro know the amount of money that you wish to invest.

This can be any dollar amount from $10 upwards.

buy bitcoin etoro

After that, you can place your buy order by clicking on the ‘Open Trade’ button. eToro will then add your chosen undervalued crypto tokens to your portfolio.

Conclusion

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

We found that overall, Wall Street Memes is the most undervalued crypto in the space, which is already attracting significant attention during its presale phase. 

This project is one of the newest meme coins in the crypto market. Like its counterparts, it lacks utility and regulation. However, reputable developers and well-known branding give it a competitive edge. WSM’s presale started in late May and accumulated over $6 million in funding in two weeks. Its current price is $0.0283 per coin.

Wall Street Memes (WSM) - Newest Meme Coin

Our Rating

Wall Street Memes
  • Community of 1 Million Followers
  • Experienced NFT Project Founders
  • Presale Live Now - wallstmemes.com
  • $10+ Million Raised - Ends Soon
Wall Street Memes

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