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3 Undervalued Cryptocurrencies This Month




The crypto market has seen strong gains again in the past few weeks. Both Bitcoin and Ethereum as well as other Alt-Coins have increased in some cases by double-digit percentages. But which cryptocurrencies are still worth investing in in the fourth quarter? We introduce 3 undervalued cryptocurrencies.

Undervalued cryptocurrencies 2021 - 1st Cardano (ADA)

Cardano hasn't made any big leaps in the past few weeks. The ADA token broke out a few months ago and has established itself as the number 3 cryptocurrency in terms of market capitalization. The ADA token is now only fourth behind the Binance Coin (BNB), which has risen faster.

Despite its high ranking, Cardano is still undervalued in our opinion. It is not for nothing that Cardano is called the "Ethereum Killer". The blockchain is extremely technically mature and is being further developed according to scientific standards. With further technical progress, Cardano could even replace Ethereum in the long term. Now would be a good time to invest.

2. Polygon (MATIC)

Polygon, formerly known as the MATIC network, wants to provide a framework for building Ethereum-compatible blockchains. In doing so, Polygon addresses the greatest weaknesses of the Ethereum network, including the sometimes poor user-friendliness (delayed transactions) and the lack of governance functions for the community.

Polygon interfaces could help make Ethereum a multichain network. The possibilities in the polygon network are almost unlimited. In this way, users can participate in governance and contribute to the security of the network through staking. Due to the technical possibilities and the positive influence on Ethereum, we see Polygon as one of the undervalued cryptocurrencies.

Undervalued cryptocurrencies 2021 - 3rd Ravencoin

Undervalued cryptocurrencies should be for a purpose that will be in demand in the future. The Ravencoin is made for this because it wants to be the Ethereum of the security token. Cyber ​​security is one of the topics that will play a huge role in the crypto world and in general over the next few months and years.

Ravencoin is completely decentralized and does not depend on master notes. Furthermore, it should simply and securely ensure the ownership of assets. The Ravencoin can provide some innovative impetus, especially when it comes to the security of financial products. We see the Ravencoin as undervalued at the moment.

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