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The cryptocurrency market has seen massive growth in the last three years, with a gain of more than 100X. Various coins surpassed BTC in the past, and many undervalued coins can see a gain of 1000% in the future.
Let’s take a look at the four undervalued coins with the potential to rise multi-fold.
Bitcoin Cash:
Bitcoin cash came into existence as a hard fork of Bitcoin, whereas BCH solves the scalability problems for Bitcoin, which has hunted the developers and investors for a long time.
The current median transaction fee of Bitcoin is $7.42. Meanwhile, the transaction fee of BCH is $0.0012, which means the transaction fee for BTC is 618330% higher than BCH, making it difficult for retail investors to use BTC.
Bitcoin cash has a considerable edge compared to other ALT coins based on transaction fees and market dominance.
BCH currently trades at $534, with more than 120% of gains from the beginning of this year. The analyst predicts that the BCH coin can reach up to $20K within a span of four to five years.
BCH is leaps ahead in comparison with other altcoins based on Transaction fees and market dominance.
Cajutel:
The Internet is a major necessity in the current world. There are some countries in the world where the internet cost is very much high. Likewise, Sierra Leone and Guinea Bissau, the countries in West Africa, offer the Internet 20 to 30 times higher than the current price. This is where Cajutel provides Internet at the best affordable rates to Sierra Leone and Guinea Bissau people.
Cajutel has real-world applications, unlike the other crypto coins. The thing which sets apart Cajutel and places it in the second position is the earning per token. In contrast, the estimated return on the token is $13 per year within three years. If marketed correctly and keeping the forecasted cash flow rate, the coin can reach up to $1300 within five years.
Cajutel is the “first and fast mover” in the untapped region of west Africa. This will give Cajutel a chance to create a trustable customer base with a high cash flow rate. It will improve the chances for a high ROI with minimal expenses.
The estimated return of the coin is 65000% which is more than the BTC return in the given time frame.
Pirate coin:
The Next coin which can set its Mark on the crypto-verse is Piratechain. Something which sets apart the pirate chain is its anonymity and use of ZK snark technology.
Pirate chain solves the Fungibility problem of Zcash, making it one of the best privacy coins present in the Crypto ecosystem. All the transactions in the Piratechain are by default private, which helps the users to protect their data while doing transactions at a minimal rate. The pirate coin is currently trading at the value of $0.3183 with a market capitalization of$63,762,158.
The Team of developers plays a major role in setting pirate coin ahead of the race. The developers of the Piratechain have worked on various successful projects, and they are currently working around the clock to solve some significant Privacy coins’ issues to make them more accessible to the general public. The analyst predicts a run of 20X in the upcoming days for Piratecoin.
Litecoin:
The last coin which can see a big run in the future is Litecoin. LTC is often referred to as Digital silver as it shares similar attributes as the BTC but continuously works in adoption and development. LTC has recently done a partnership with the UFC, which shows the coin’s adaptability in the current world.
The LTC founder, charlie lee, a former Google engineer, has maintained lower transaction fees since its inception.
LTC differs from the other coin as it acts as a leader for the other altcoins by leading them to Altseason. If one looks at the data from the past, One can find that whenever ALTseason came, LTC was the first to react.
The analyst predicts that the coin can reach up to $2000 within three years.
Conclusion
Various Coins in the market can potentially gain 10X gains while the coins listed above are the one which has a solid fundamental value with a great team behind it. Investor should do their due diligence before investing.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
