The huge correction last year had investors scared regarding the potential of cryptocurrencies. Bitcoin plunged from an all-time high of around $69,000 to the $20,000 levels, resulting in a bloodbath for altcoins and the entire blockchain industry.
This situation, however, is being taken advantage of by wise investors and major organizations as they see a buying opportunity that could be highly rewarding in the future.
Several projects introduced recently into the cryptocurrency space have managed to sustain their ecosystem during adverse market conditions and continued building their infrastructure while adding major developments.
As the market continues to hold a bearish sentiment, it might be the best time to DCA one’s assets or enter new projects with massive potential.
While high market cap cryptocurrencies may provide safety, there is a lesser chance of them shooting up drastically in price figures. On the other hand, finding those altcoins that may have a shot at a high price spike can be extremely difficult.
Listed below are some such undervalued gems that may see 10X gains as the market continues to make major moves going forward.
3 Latest Undervalued Cryptos to Buy
1. Battle Infinity (IBAT)
Founded by Suresh Joshi and a team of Indian tech professionals, Battle Infinity is an innovative approach to blockchain gaming. The project aims to become the ‘multiverse of the metaverse’ while redefining blockchain gaming.
Battle Infinity’s main offering is a blockchain-based fantasy sports game that lets users create a fantasy sports team and compete with others. Alongside this, the ecosystem boasts of an NFT marketplace, Decentralized exchange, a battle arena and an inbuilt game store.
A much-awaited part of the project is its IBAT premier league, which shall host several famous fantasy sports leagues for players.
With IBAT as its native token, the presale for the project started on 11th July and shall end by October this year. It has managed to gain a huge community within a short period and has already managed to sell IBAT tokens worth around 3000 BNB. The current price of one IBAT token is $0.0015.
2. Lucky Block (LBLOCK)
Lucky Block is a blockchain-based online Lottery protocol that was launched to facilitate a fairer, better and safer gambling experience. The project was founded by Scott Ryder and launched way back in 2015. Since its introduction, Lucky Block has managed to position itself as one of the best gambling-based projects in the blockchain space.
With an increasing interest in online gambling, Lucky Block grew massively in popularity. The project also recently launched its NFT collection called ‘The Platinum Rollers Club’, which was a major success. Developers claim that Lucky Block is the fastest-growing project in history.
With several other perks like a better chance at winning for every user and exclusive investment strategies for dedicated investors, Lucky Block might see a major rise in price in the upcoming months. The native token LBLOCK is currently trading at around $0.001 and is available on several major exchanges.
Your Capital is at risk
3. Defi Coin (DEFC)
With a professional team that has around 35 years of experience in the financial sector combined, Defi Coin is one of the most undervalued projects in the space.
As the name suggests, it is a Decentralized Finance platform that offers users access to a wide range of crypto products for borrowing or lending. It also consists of a Defi Swap, which is an inbuilt decentralized exchange.
Audited and approved by SolidProof, Defi Coin gained massive popularity due to the actions of the team. They burned all their tokens which elevated demand while reducing supply, and participated along with the community during the token’s fair launch.
The platform provides various other features, like an appealing 75% APY on staking its native token DEFC. Users can also earn passive income, as every transaction attracts a fee; a part of which is distributed among token holders.
The team has constantly been working on their projects and announces recent developments regularly on their social media platforms. Defi Coin is working on and expects to offer cross-chain functionality to users soon.
Currently available on Pancakeswap and Bitmart, the token is priced at around $0.09 and can be speculated to record massive growth as the bulls become more dominant in the future.
Your Capital is at risk
Battle Infinity – New Crypto Presale
- Presale Until October 2022 – 16500 BNB Hard Cap
- First Fantasy Sports Metaverse Game
- Play to Earn Utility – IBAT Token
- Powered By Unreal Engine
- CoinSniper Verified, Solid Proof Audited
- Roadmap & Whitepaper at battleinfinity.io
Image and article originally from insidebitcoins.com. Read the original article here.