3 Undervalued Cryptos With 10X Potential in 2024
1. LinqAI (LNQ-USD)
- Focus: Automating Web3 tasks using AI.
- Market Cap: $23.5 million.
- Circulating Supply: 161.8 million LNQ out of a total 979.4 million tokens.
- Potential Catalysts: Increased exchange listings and a resurgence in AI-driven crypto hype.
- Current State: Down significantly from its all-time high of 27 cents in March 2024, but recently showing positive movement.
2. Devve (DEVVE-USD)
- Focus: ESG blockchain project.
- Current Status: ERC-20 token awaiting the launch of its DevvX layer-1 testnet.
- Potential Catalysts: Successful launch of the DevvX blockchain and attraction of institutional investors.
- Challenges: Delays in the testnet launch, making it a high-risk investment until proven otherwise.
3. MILC Platform (MLT-USD)
- Focus: Open marketplace for content licensing.
- Market Cap: $9.5 million.
- Current Price: Approximately 8 cents.
- Potential Catalysts: Ongoing development of marketplace infrastructure and partnerships.
- Current State: Trading near historically low levels, presenting a speculative opportunity.
Conclusion
While investing in these altcoins carries risk, the potential for substantial returns makes them worth considering for those looking to capitalize on a possible crypto rebound in 2024. As always, it is advisable to allocate only a portion of your portfolio to such high-risk investments, with a focus on more stable assets like Bitcoin for the bulk of your investments.