Investors who follow headlines rarely build a sustainable portfolio.
While Bitcoin, Ethereum, Solana, and XRP have the spotlight, they are saturated to a good extent.
Strategic investors prefer underrated cryptocurrencies with lower market caps. Altcoins backed by promising themes and use cases grow multifold in a short time.
But it is important to grab them before they break out.
Here are 5 best underrated cryptocurrencies to
invest
in now.
1. The Meme Games ($MGMES): A top altcoin to invest in
The Meme Games has unlocked the Olympics fervour for degens.
The new meme coin opened its presale to a grand welcome, securing above $250K already.
Five iconic athletes are lining up for a 169-metre dash in The Meme Games – Doge, Pepe, Brett, Turbo, and Dogwifhat.
So the growing social media momentum surrounding the project doesn’t come as a surprise. The Meme Games community has grown to around 14k followers on Twitter.
They are rallying behind their favourite meme coins for attractive rewards.
$MGMES token presale offers early tickets to the contest.
Investors can pick a meme athlete of their choice once they have completed the presale purchase. If the selected athlete wins the race, the investor gets a 25% token multiplier.
There is no minimum limit on the presale investment. Each presale purchase is a ticket to the contest. The entries are unlimited.
The staking mechanism further adds to the craze, with the APY currently sitting above 2500%.
Touted as the ‘official’ Olympics meme coin, $MGMES is one of the most underrated altcoins to buy now.
The $MGMES presale ends on September 8. It will be followed by a series of exchange listings, beginning on September 10.
Visit the $MGMES token presale
2. Shiba Shootout ($SHIBASHOOT): An altcoin adventure into the Crypto Wild West
Shiba Shootout is also an altcoin that combines meme coins and play-to-earn trends.
The high-stakes battle is hosted in the Crypto Wild West, where users will find multiple avenues for crypto rewards.
The Shiba Showdown, led by Marshal Shiba, is a fun source of income for those who are into video gaming.
The gaming aspect is comparable to Floki Inu, which became a rage as the Valhalla metaverse went viral.
But gaming is clearly not for all. Not everyone has the time or interest.
For them, investing is the path. As one of the most iconic meme coins of 2024, Shiba Shootout is looking at a bright road ahead.
They can put these tokens to work early on through staking. Dazzling staking APYs continue to fuel the $SHIBASHOOT presale traffic to new heights. The presale is on its way to smash the $1 million mark soon.
$SHIBASHOOT is a potential altcoin gem if the roadmap unfolds as planned.
Upcoming community-centric initiatives like a referral program, lottery contests, storytelling sessions, and voting round-ups strengthen the optimistic forecast.
Visit the $SHIBASHOOT token presale
3. Pepe Unchained ($PEPU) – The next meme coin to watch
Another hot crypto on our list of top
undervalued
altcoins to buy this season is Pepe Unchained or $PEPU.
At first glance, Pepe Unchained comes across as a meme coin. But beyond its outrageous exterior lies one of the most promising crypto projects of 2024.
Pepe Unchained is a layer-2 blockchain dedicated to meme coins.
It addresses the pain points in meme coin trading during bull movements.
Often, primary blockchains are not equipped to handle large transactions. It causes the transaction fees to skyrocket, while network delays add to the injury.
This is how Pepe Unchained makes a difference.
Investors are rushing to hoard $PEPU tokens in the ongoing presale for heavily discounted prices. The price will increase in small increments with each new stage of the presale.
So far, the presale has raised over $6 million. The fast progress comes as a pleasant shock to the community. It hints at another altcoin pump.
Pepe Unchained’s key appeal is its relevant utility that comes in a meme coin flavour.
With layer-2 blockchains set to explode over the next few years, $PEPU has an optimistic long-term investment outlook.
Visit the $PEPU token presale
4. WienerAI (WAI) – Top AI crypto coin with predictive superpowers
WienerAI is packaged as a meme coin. To be precise, a cybernetic dog coin. But the real potential of the coin lies in its AI superpowers.
WienerAI is a trading bot powered by advanced predictive technology. Here are its top features.
While traditional investors are increasingly diving into cryptocurrencies, the path is challenging. The industry has a high technical barrier.
WienerAI brings it down. It is designed to be a personal trading guru that fits the pocket.
On posting a question, it scours the market for relevant data and gives insightful answers to users in a few seconds.
YouTube analysts and influencers like Claybro (130K subscribers) and Clinix Crypto (65K subscribers) have featured the project on their channels. Jacob Crypto Bury (41.4K subscribers) hints at a potential 10X jump for the crypto in his recent video.
https://youtu.be/MNEyJ-oZi2A?feature=shared
The advanced AI capabilities have sent the altcoin presale past $7.5 million. The presale ends on July 31st.
Visit the $WAI token presale
5. Cardano (ADA) – The iconic altcoin has reversed the downtrend
Cardano is one of the largest cryptocurrencies.
How did it make the list of underrated cryptos, then?
To understand that, we need to look at Cardano’s price trajectory this year. ADA has slipped to the 10th ranking as competitors like Solana raced ahead with 514% annual gains.
Cardano 1-year price history, source: CoinMarketCap
Even Dogecoin has a larger market cap than Cardano at this point.
But Cardano is unlikely to stay in the shadows for long. It is bouncing back into action, as shown in the chart above.
Increasing network activity and the broader market rally are likely to help Cardano reclaim its all-time high soon.
ADA is selling for $0.44 now. There is a long way to the all-time high of $3.10. In other words, there is a large room for returns for new investors over the next few months.
But if the altcoin fails to convert network activity and adoption into social momentum, it could descend the charts to further lows.
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