Undervalued Crypto to buy now

Layer 1 & Layer 2 Blockchains (Undervalued Gems)

A. Fantom (FTM)

• Why Undervalued?
  • FTM is a high-speed, low-cost blockchain with Sonic upgrade (2024), boosting TPS to 2,000+.
  • TVL (Total Value Locked) recovering, strong DeFi ecosystem.
  • Price: ~$0.50 (down ~85% from ATH).
• Catalyst:
  • Institutional interest in DeFi.
  • Potential airdrops for stakers.
• Risk: Competition from Solana, Ethereum L2s.

B. Radix (XRD)

• Why Undervalued?
  • First “DeFi-ready” L1 with smart contract security fixes.
  • $10M+ developer grants fueling adoption.
  • Price: ~$0.04 (down ~95% from ATH).
• Catalyst:
  • Babylon upgrade (full smart contracts live).
  • Major exchange listings possible.
• Risk: Still under the radar vs. competitors.

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2. AI + Crypto (High-Growth Narrative)

A. Fetch.ai (FET)

• Why Undervalued?
  • Merging with Ocean Protocol & SingularityNET to form the Artificial Superintelligence Alliance (ASI).
  • Real-world AI agents for supply chain, trading, etc.
  • Price: ~$1.50 (still below 2021 highs).
• Catalyst:
  • ASI token merger could drive hype.
  • Nvidia-like AI hype cycle in crypto.
• Risk: AI narrative could fade if adoption lags.

B. Bittensor (TAO)

• Why Undervalued?
  • Decentralized AI marketplace (like a crypto version of OpenAI).
  • $TAO staking yields ~15% APY (passive income).
  • Price: ~250(downfrom250(downfrom750 peak).
• Catalyst:
  • AI adoption boom.
  • Potential spot ETF rumors.
• Risk: Complex for retail investors.

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3. DeFi & RWA (Real-World Assets)

A. Pendle (PENDLE)

• Why Undervalued?
  • Yield-trading protocol booming in DeFi.
  • TVL grew 10x in 2024 ($4B+).
  • Price: ~$4.50 (still undervalued given growth).
• Catalyst:
  • More institutions using DeFi yield strategies.
  • Possible Coinbase listing.
• Risk: Smart contract risks.

B. Ondo Finance (ONDO)

• Why Undervalued?
  • Tokenized Treasuries (BlackRock, Morgan Stanley backing).
  • $500M+ TVL in real-world assets (RWAs).
  • Price: ~$1.10 (early-stage growth).
• Catalyst:
  • More institutional RWA adoption.
  • Fed rate cuts could boost yields.
• Risk: Regulatory scrutiny.

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4. Gaming & Metaverse (Post-Hype Value Plays)

A. Immutable X (IMX)

• Why Undervalued?
  • Top Ethereum L2 for gaming (Gods Unchained, Illuvium).
  • Partnerships with Amazon AWS, Polygon.
  • Price: ~$1.60 (down ~80% from ATH).
• Catalyst:
  • Next-gen Web3 game launches.
  • Possible acquisition target.
• Risk: Gaming adoption slower than expected.

B. Gala (GALA)

• Why Undervalued?
  • 50M+ users in Gala Games ecosystem.
  • P2E hits like Mirandus, Spider Tanks.
  • Price: ~$0.03 (down ~97% from ATH).
• Catalyst:
  • New game releases.
  • Potential exchange relisting.
• Risk: Past controversy with founders.

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5. Privacy Coins (Next Regulatory Cycle Play?)

A. Monero (XMR)

• Why Undervalued?
  • Best privacy coin (fully anonymous transactions).
  • Banned on major exchanges → potential relisting if regulations ease.
  • Price: ~$150 (down ~75% from ATH).
• Catalyst:
  • Privacy demand rises with CBDC surveillance fears.
  • Possible ETF rumors.
• Risk: Regulatory crackdowns continue.

B. Secret (SCRT)

• Why Undervalued?
  • Smart contract privacy (like a private Ethereum).
  • Used in DeFi, NFTs, and confidential apps.
  • Price: ~$0.40 (down ~95% from ATH).
• Catalyst:
  • Privacy narrative resurgence.
  • More institutional interest.
• Risk: Low liquidity.

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Final Verdict: Best Undervalued Crypto Picks (2024)

Crypto	Category	Current Price	Upside Catalyst	Risk Level
Fantom (FTM)	L1 Blockchain	~$0.50	Sonic upgrade	Medium
Fetch.ai (FET)	AI	~$1.50	ASI token merger	Medium
Pendle (PENDLE)	DeFi	~$4.50	Institutional yield demand	High
Ondo (ONDO)	RWA	~$1.10	BlackRock RWA expansion	Low-Medium
Monero (XMR)	Privacy	~$150	Privacy regulation shift	High

Best for Different Strategies:

• High-Risk, High-Reward: FTM, XMR, SCRT
• Institutional Adoption Plays: ONDO, PENDLE
• AI Narrative: FET, TAO
• Gaming Comeback: IMX, GALA

This is not financial advice