A calm on a crypto market is the best time to look for undervalued cryptocurrencies. Here are four coins that can increase your capital.
1. Ins
Market capitalization currency at the time of this writing is $ 10,6 million, and it is traded mainly on two exchanges - OKEx and Binance.
INS has a professional team with experience at Goldman Sachs, Harvard Business School and IBM, and Ambrosus, Civic, Bancor, Wings and Blockchain Ventures are among the main partners. Prominent European manufacturers have already shown great interest in the product: Borjomi, Calgon and Vanish.
What is the idea of INS? It is a global decentralized platform that allows manufacturers from all over the world to sell products directly to consumers, without the mediation of traditional and online stores, which reduces prices, simplifies processes and guarantees product quality.
As you can see, this is a potentially global market with billions of dollars in turnover from which middlemen can be removed. But will INS be able to at least partially transfer global trade to blockchain? If so, new price records are just around the corner. By the end of the fourth quarter, INS plans to release its platform connecting producers and consumers, and the INS coin will begin to benefit its members.
In other words, INS is the most undervalued cryptocurrency project that promises great profits. In the near future, INS will be more profitable than BTC, and most other cryptocurrencies, although it is unlikely that the coin will rise in price to its former maximum, that is, 35 times. Nevertheless, given partners and current liquidity on the stock exchanges, growth in 3-10 times in the short term can be considered quite likely.
Capitalization in the amount of 10 million dollars for such a project is clearly an underestimated amount, and in three months it will obviously not be like this - the token will have a real use, the team is there, the platform is on the verge of launch, the partners are clear, and the price of a coin on 90 % below peak.
2. Xrp
XRP has more real-world applications, and Ripple can be called the cryptocurrency industry record holder in terms of the number of partners. Fans of the project believe that XRP will appear on the exchange any minute Coinbase, and the team continues to enter into partnerships, including with highly respected companies in the financial world.
Today, Ripple is already working with Kotak Mahindra Bank, Banco Santander, American Express FX International Payments, InstaRem, National Bank of Kuwait, Mitsubishi Corp., Standard Chartered Bank, Bank of Thailand, MoneyGram and many others.
The maximum XRP price — a little less than $ 4 — was probably due to hopes of listing on Coinbase. It seems that in the next three months, XRP will not reach this level, because now the token is many times cheaper. But the impetus can serve as a new important partnership or just a change in market sentiment.
Probably, any turn of the market will have a positive effect on XRP, since it has many fans and more partners than any of the top ten cryptocurrencies.
3. Anon
ANON is a recent fork of ZClassic and Bitcoin (here masternodes place bets in coins and receive income from them), so many do not understand what to expect from this coin. However, you can pay attention to the fact that Cryptopia, Tradesatoshi and Safe.trade support and actively trade this token, and this already says a lot.
Advisors to the project include Stephen Nerayoff (who was involved in the legal side of the Ethereum ICO) and Ran Nu-Ner (from the CNBC Crypto Trader show). At this point, ANON has been successfully distributed among ZCL and BTC holders, and it's time to set up masternodes and get real benefits from the platform.
Today there are already about 200 masternodes in operation. The block completion reward is 50 ANON, blocks are completed every 10 minutes, 35% goes to masternode holders, that is, every 10 minutes one of the masternodes receives 17,5 ANON. 6 blocks per hour, 24 hours a day, that is, every day 146 masternodes receive approximately 17,5 ANON.
Thus, every 30 hours your masternode with a rate of 500 ANON earns 17,5 ANON, that is, you get more than 5 thousand ANON per year, which is more than 1000% profitability.
If masternods receive such a high income, this means that a large amount of ANON is withdrawn from circulation in favor of masternod, that is, supply decreases, increasing demand.
ANON recently announced a partnership with General Bytes ATM, a leading provider of blockchain technologies for ATMs, and very soon ANON can be bought and sold at ATMs around the world.
Recently, ANON appeared in the listings of the Blockfolio and CoinGecko sites, and soon, probably, they will be followed by CoinMarketcap, that is, the community is interested in monitoring prices and the project itself. Not all cryptocurrencies usually appear on such sites - if in doubt, the project is not taken there, and ANON is also traded on exchanges and supported by wallets.
In ANON, we also created several mining pools and services where you can launch the maternod with one click. Already, the community has access to a variety of tools: wallets, exchanges, craftsmen, mining pools, and many more innovations are planned for 2018.
However, besides stock exchanges and community activity there is also a technological side. In the fourth quarter, developers are hoping to launch Lightning, as well as many other functions that help in using the network, and in the wake of a successful Bounty campaign (grants for content creation, translations and other works that help the development of the community), the Bounty 2.0 project was launched.
At the end of the fourth quarter, another major event awaits us: 1 January 2019 is scheduled to destroy all unclaimed coins. Given that more than 4 million BTC are considered lost forever, and a huge percentage of ZCL remained after the fork on the Bittrex exchange, after the New Year, a huge amount of cryptocurrency will be destroyed - according to the team's forecast, this could be more than 10 million coins, or a quarter of the current offer.
The economy teaches us that in a situation of growing demand a decrease in supply should lead to an increase in price. In the fourth quarter, we see a lot of catalysts for increasing the price of a coin - this is both the masternod yield and platforms where cryptocurrency can be used, new technological solutions, as well as partnerships, exchanges and listings and, as a final, the destruction of a huge amount of coins.
4. Ilk
ILK is a credit cryptocurrency platform. Given the emergence of Bakkt, exchange-traded funds (ETF), the growth in the number of stock exchanges, new regulations, it can be argued that the demand for cryptocurrency loans will grow. ILK expects to benefit from the situation, as well as to increase the stability of the global economy through its services.
During the closed pre-sale project has attracted more than 2,5 million dollars. The so-called soft capitalization (the stated minimum capitalization amount, taking into account the ICO) is 15 million dollars, and even in a bear market, this amount is likely to be reached as soon as possible. ILK already has a working prototype, and at the very beginning of the ICO the referral bonus is a reasonable 17% - no 100-percentage bonuses for the first investors.
Given the strong team, good strategy and clear plans, the only thing holding ILK from going up is the current bear market. Should we expect a change in sentiment in the fourth quarter? We do not know, but if the market nevertheless unfolds, we will remember all these “forgotten” ICOs in the same way as we recently recalled the Ethereum ICO.