Identifying Undervalued Crypto Coins
Each investor has his own methods of identifying potentially profitable and undervalued coins. And here I will share my methods with you.
The surest method is fundamental analysis. He never fails. You should study the full history of the project, from the start and funding rounds to the present. If the asset of the project is already traded on exchanges, then special attention should also be paid to the study of charts.
What to look for when looking for an undervalued coins?
– Which funds participated in the funding rounds and their investments.
– The schedule of unlocking tokens for funds, what percentage will appear on the market.
– What new does this project give to the world.
– Marketing in the project and how much money is allocated for it.
– Community activity, frequency of publications in social networks
– What listings did this coin have and on which exchanges
– Are there plans for integration?
– How often is this asset used in the ecosystem? Number of active holders.
– The dynamics of the chart and its correlation with the bitcoin rate.
Are there any upcoming events that may affect the growth of the asset?
This is by no means a complete list, but this is a good place to start. Everyone analyzes in their own way, for some it is enough to look at the profile on Twitter and analyze which of the well-known influencers are subscribed to the project, and someone prefers to learn more about the project and chat with the team…
What are the most undervalued crypto coins to invest in?
In times of a bearish trend, it is better to pay attention to fundamental projects and assets from the top of the crypto rating. Liquidity will drain from small projects, and most of them will close altogether, but if you invest wisely, you are guaranteed to make a profit.
Best Choice Undervalued Crypto Coin For your Portfolio
ETH – Perhaps this is one of the most famous altcoins today. Everyone knows that it is very popular, this project will develop further thanks to the well-coordinated work of the team.
BNB – This coin is owned by one of the largest exchanges, Binance. They constantly spend part of their income on burning and developing the ecosystem. Ideal investment.
VICS – The RoboFi ecosystem token is currently only used to purchase bot control tokens, but a major update and several new uses should be coming soon.
About RoboFi
Robofi is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.
About VICS
VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.
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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.