In this article, we will list the long-term undervalued crypto coins. These are coins with great potential for appreciation in the long run, because of either unique technology or sound management.
MOST PROFITABLE UNDERVALUED CRYPTO COINS FOR THE LONG TERM
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. Listed below are some of the most profitable undervalued crypto coins:
Robot-Era (TARO) – Undervalued Metaverse Token
According to RobotErato McKinsey and Co., The metaverse space has the potential to become a $5 trillion industry by 2030. While top metaverse gaming projects like The Sandbox have already gained 1,000x since its presale, Robot Era (TARO) is an upcoming metaverse ecosystem aiming to achieve the same feat – its presale resale has just launched with TARO tokens on sale for $0.02.
TARO will act as Robot Era’s in-game currency – allowing players to access NFT protocols, interact and build, and gain autonomy to make decisions on the platform. Robot Era features a variety of avenues for players to generate income. On the Robot Era marketplace, users can purchase NFT avatars of Robots – which will be a player’s avatar form on the ‘Taro Planet’. With a limited edition set of 10,000 Robot NFTs, players can enter this virtual planet to purchase Land NFTs and create buildings, houses, theme parks, and much more.
By competing in quests and hosting events, players can earn token rewards and purchase Robot Companions – which will support them in the Robot Era metaverse. Robot companions can also be upgraded and customized and then sold on the open market as NFTs.
TARO will let users earn APY by staking the token, and can be used to join Robot Era’s decentralized autonomous organization. On the Taro Planet, players can earn income by operating events and land on any of the 7 continents, while the Robot Era whitepaper states that users can also earn from exploring and mining on the metaverse. Furthermore, players will be able to charge admission to events, museums, and concerts and sell billboard space to advertisers. Robot Era’s founders, who are KYC-verified and doxed, also believe new use cases will emerge over time with no coding knowledge needed and few limitations on what players can build in the metaverse.
Presale Started. – Q4 2022
Purchase Methods – ETH, USDT
Chain. – Ethereum
Min Investment – 1,000 TARO
Max Investment – N/A
This undervalued cryptocurrency has just launched its presale campaign in November 2022 with 270 million tokens (15% of the max supply) allocated equally across three presale rounds, with no vesting period. The first round is currently live and is distributing TARO – an ERC-20 token – at $0.02 per token. The price will increase to $0.025 in stage 2 and then $0.032 by the last stage – a 60% price jump.
IMPT – Undervalued Cryptocurrency Token Reducing Carbon Emissions
Investors are rushing to buy IMPT tokens given the huge potential of the project, its real-world use case, and its low price during its presale.
Now in stage 2 of three, IMPT tokens are available for $0.023 after the stage 1 allocation sold out four weeks ahead of schedule. By investing in the IMPT token, investors can help ease the climate crisis and protocol concerned about reducing the carbon footprint of businesses and individuals. IMPT has partnered with more than 10,000 popular brands – including Samsung and Microsoft – determined to improve the environment. Each brand decides the sales margin allocated to impact projects, with IMPT tokens offered for each purchase with the approved retailers. Investors can convert their IMPT tokens to carbon credits, which are minted into NFTs – carbon credits are permits that allow holders to emit greenhouse gas in exchange for funding eco projects.
Investors then have the option of listing and trading their carbon credits on the IMPT marketplace. According to the IMPT whitepaper, investors can burn their carbon credit tokens to compensate for their carbon footprint. Burning the tokens entitles investors to a collectible NFT – unique artwork specifically for this project. One way this project differentiates itself from other similar platforms is by enabling individuals and businesses to measure their impact on the environment. This social feature scores a user’s impact to show how much they should reduce their carbon footprint, while IMPT will also utilize blockchain technology to reduce fraud.
IMPT tokens are available for $0.023 with the price to increase to $0.028 in the final presale round, with no vesting period.
Tamadoge – Best New Undervalued Cryptocurrency for 2022
While popular meme coins like Doge and Shiba Inu have delivered staggering returns in the past, investors are looking for new breakout cryptocurrencies. Another addition to the doge community is Tamadoge (TAMA) – the utility token of the Tamaverse. Unlike Dogecoin, which caters its success to its social media backing, Tamadoge provides users with a play-to-earn (P2E) ecosystem where users can earn rewards within the platform. Using Defi protocols and NFT features via decentralized technology, Tamaverse will let users create, breed, and trade Tamadoge pets.
Tamadoge pets are unique in-game characters minted as NFT tokens, which can be accessed on the Tama Store. The aim of the game is to raise individual Tamadoge pets and allow them to eventually compete with other community members. The top performers earn doge points on the metaverse’s leaderboard and earn TAMA crypto as a reward. TAMA, an ERC-20 token, is used to settle transactions, purchase Tamadoge pets and reward users in the ecosystem. Furthermore, TAMA is a deflationary asset with a limited maximum supply of 2 billion tokens. When players purchase Tamadoge pets and items from the Tama store, 5% of all the amount spent is burnt. Therefore, the developers aim to reduce the token supply to potentially make TAMA more valuable in the long run.
The developers will also expand their ecosystem by deploying an augmented reality (AR) app in the road ahead. The coin launched to huge success earlier this year, selling out its presale allocation in just eight weeks and raising $19 million. TAMA then made massive gains after launching on exchanges, pumping to an all-time high of $0.194 – nearly 2,000% over the presale price and more than 500% above the listing price.
The Tamadoge Pet NFTs then became the top trending collection on OpenSea after launch, again proving the huge excitement around the project. Although the token has now retraced to around $0.03, the low price represents an excellent opportunity for investors to accumulate before gains in the future. With the game heading towards release and work continuing in the wider ecosystem, Tamadoge is one of the best-undervalued crypto to buy now and should pump again in better crypto conditions.
Decentraland – Most 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.
HOW DO YOU FIND LONG-TERM UNDERVALUED COINS?
With careful project selection and proper due diligence, it’s possible to dramatically minimize any risk and maximize your odds of success.
According to CoinMarketCap, here are some tips you can use to spot potentially undervalued and attractive projects. These tips primarily focus on pre-launch and early-stage projects, but can generally be applied to more established projects just as easily.
CHECK ITS MARKET VALUATION
One of the simplest ways to identify an attractive investment opportunity is by examining whether an asset is undervalued. For projects that haven’t yet launched, this means checking its initial market capitalization. This is the value of all of its token units that will be in circulation following its token generation event (TGE). Projects that have an initial market cap that is lower than their expected fair value can represent lucrative investment opportunities since the market tends to move the token price toward its fair value in the days and weeks following its TGE. In general, a project that launches with a lower than expected market cap has a strong chance of gaining value until it achieves its fair value. Conversely, projects that have a higher than expected market cap — such as due to a sudden, transient influx of orders — may eventually fall back to a lower, fairer market cap.
CHECK ITS BACKERS
Before diving into any project, it’s generally a good idea to see whom you’re investing alongside. Practically, this means checking out its earliest known backers — paying close attention to any noteworthy VC funds and angel investors they have onboarded. In general, projects will have a list of their most prominent backers on their websites. (But this primarily applies to projects that are venture-funded.)
Using Port Finance as an example, we can see that it’s backed by a range of well-established VC funds, including Rarestone Capital, Morningstar Ventures, and Jump Capital. From here, you can navigate to each VC’s website to see their track record. Zooming in on Morningstar Ventures, we can see it has also backed early titans like Elrond, Covalent, and Yield Guild Games.
But perhaps more importantly, you can see it was backed by AscendEX. Early exchange backers can be an indicator of a CEX listing down the line — and sure enough, Port Finance was listed on AscendEX.
Ideally, you’d want to see not only a list of well-respected VC funds with excellent track records but also backers that are known to add value to the project — whether that be through assistance with marketing, strategy, development, or something else. On the flip side, if the project is backed by rather obscure VCs or completely lacks any backing, this could be a red flag. If the experts don’t want it, why would you?
CHECK ITS TEAM
A strong team is key to a strong project. There are no two ways about it. By selecting projects that have an accomplished, experienced team behind them, you can dramatically increase your odds of success. The executive team should be subject to the majority of your scrutiny. Pay close attention to the background and experience of its CEO, CBDO, CMO, and perhaps most importantly, its CTO.
Using Precog — an upcoming futures ecosystem and basis trade aggregator protocol — as an example, we can break down how you do some basic due diligence on a team before investing.
First up, the CEO. As the project lead and the individual responsible for organizing and managing the team, a strong CEO is paramount. Examining Gehan Rajapakse’s LinkedIn, we find that he’s founded and managed a variety of startups in different niches over the last decade — demonstrating strong business sense. Moving on to the CTO, Artur Ferreira, we see that he founded UTrust (one of the best performing projects of 2017) and is a partner at an established crypto fund. Lastly, the platform’s CMO Xavier Garcia has held high-level marketing roles in the blockchain space for half a decade, largely focused on blockchain-based financial products.
A strong team bodes well for the project, whereas a subpar team can be a sign of weakness. Look for evidence of prior success and a history of sticking through for the long term.
If the team is not publicly facing, this makes the job a lot more difficult. In this case, it would be best to look for alternative ways to verify the team’s accolades — such as looking over the project’s GitHub, checking for awards, or considering the testimonials of other trustworthy individuals.
SCRUTINIZE ITS TOKENISM
One of the key aspects of any successful project is sustainable tokenomics. Irrespective of how good a project is, highly inflationary tokenomics will inevitably lead to price suppression if there isn’t sufficient utility in place.
Unfortunately, some projects aren’t exactly transparent about their token emission and it can be a challenge to accurately work out how fast a token’s supply will inflate. Others, however, have transparent tokenomics helping you work out if this will be a problem. Some of the best ways to identify whether a project will suffer from high inflation include checking the vesting schedules of its early backers, tea, and advisors, seeing whether the project is holding a substantial airdrop, or is running a long-term yield farming program.
For projects that seem to have a relatively high amount of inflation, check if there are any measures in place to reduce the circulating supply — such as a staking system or any burn mechanics. Pancakeswap is an excellent example of this. Although the project suffers from a level of inflation that would cripple most projects (at 371,600 CAKE per day), it also offers strong utility for the token with numerous burn mechanisms in place to help ensure supply and demand are roughly balanced.
GAUGE ITS MARKET FIT
As you may already know, the cryptocurrency market moves in ebbs and flows. Projects that would perform extraordinarily well at one point in time may not perform so well when they actually launch.
Likewise, projects that seem to be less than stellar at or prior to their launch may evolve into just what the market needs. Staying on top of the market and having a general understanding of current trends is crucial for identifying projects that have a good market fit, or are likely to fit the market later (based on their current trajectory).
One of the simplest ways to gauge a project’s market fit is by doing some basic keyword analysis. Taking the recently launched Bloktopia as an example, simply browsing its website you’ll find that it’s building in some of today’s most hyped and marketed niches — including decentralized real-estate, gaming, non-fungible tokens, and the Metaverse. Seeing whether a project aligns with current trends can be as simple as checking the performance of some of its keywords on Google trends or by monitoring trending tags on social media. As a platform building a decentralized Metaverse on Polygon, Bloktopia hit the nail on the head and launched right when interest in the Metaverse reached its peak. But most importantly, it was developing long before the Metaverse became a hot niche, giving it a head start over the competition.
That said, it’s important to double-check that the project you are scrutinizing isn’t just appropriating current trends in order to dupe investors. This would be a major red flag.
WHICH UNDERVALUED VALUED CRYPTO COINS ARE THE BEST FOR THE LONG TERM?
Smart investors know the art of identifying undervalued assets and holding on to them for incredible returns in the long run. If you too are trying to find promising crypto projects for a long-term investment, this guide has all you need to know. Find out how to determine whether a cryptocurrency is undervalued, how to find such coins, and the most undervalued crypto on the market right now. Here’s a quick look at the top undervalued cryptocurrencies out there.
The Sandbox (SAND)
Lucky Block (LBLOCK)
The Graph (GRT)
You may not find all of these on some top crypto exchanges. Instead, we recommend you look for them on the crypto exchanges with the most coins as they’re more likely to have all of them.
With thousands of cryptocurrencies being traded in the market, you will find several undervalued, as well as overvalued cryptocurrencies. The key to finding undervalued crypto is the utility it provides to users and investors. It gives it an inherent value that cannot be artificially changed in the long term.
Other factors like a credible founding team and strong backing also contribute to a digital currency’s value over time. That said, we recommend you always make investment decisions based on market research and sound technical analysis. If you want to invest, go for top crypto exchanges like Binance, Kraken, or Coinbase that give you accurate prices and swift order fulfillment for a promising crypto investing experience. As always, never invest more as you can afford to lose — there are no certainties in the investment game.
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I'm Carina, a passionate crypto trader, analyst, and enthusiast. With years of experience in the thrilling world of cryptocurrency, I have dedicated my time to understanding the complexities and trends of this ever-evolving industry.
Through my expertise, I strive to empower individuals with the knowledge and tools they need to navigate the exciting realm of digital assets. Whether you're a seasoned investor or a curious beginner, I'm here to share valuable insights, practical tips, and comprehensive analyses to help you make informed decisions in the crypto space.