XRP (Ripple) and Cardano (ADA) truly embody the true sense of decentralization. The web3 domain is full of new analysis, exploring the full mettle of coins like XRP and ADA. However, as surprising as it might be, here are three underrated coins (MATIC, LINK, and XLM) that one should consider investing in the long run.
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Crypto #1: Chain link
Source: Cryptonomist
Chainlink is one of the most promising cryptocurrency coins that investors should focus on. Per CMC, chainlink is dubbed an “abstraction layer” that enables universally connected smart contracts. LINK is similar to ADA as the token emphasizes the elements of decentralized solutions and the deployment of real-world data into smart contracts.
According to CoinCodex, Chainlink is poised to spark 12% to hit the $13 price mark next month.
Image: CoinCodex
“According to our current Chainlink price prediction, the price of Chainlink is predicted to rise by 12.94% and reach $13.45 by October 26, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 50 (Neutral). Chainlink recorded 16/30 (53%) green days with 5.04% price volatility over the last 30 days. Based on the Chainlink forecast, it’s now a good time to buy Chainlink.”
Crypto #2: Stellar XLM
Source: Stellar
XLM is one of the most underrated cryptocurrencies that has lately been attracting heavy attention and activity. The token is currently sitting at $0.09701, up 0.41% in the last 24 hours. Stellar is also up 3161% since its inception and shares stunning similarities with XRP. Just like Ripple, XLM also focuses on cross-border payments and remittances and aims to establish a robust positioning in the area.
Image: CoinCodex
Per CoinCodex, XLM may spike 59% to hit the $0.153255 price mark in October 2024.
According to our current Stellar price prediction, the price of Stellar is predicted to rise by 59.72% and reach $ 0.153255 by October 26, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 50 (Neutral). Stellar recorded 17/30 (57%) green days with 2.57% price volatility over the last 30 days. Based on the Stellar forecast, it’s now a good time to buy Stellar.
Also Read: Ethereum Unlikely To Hit ATH In 2024, 85% Polymarket Traders Bet Against It
Crypto #3: Polygon
Source: Medium
Polygon (MATIC) is another leading cryptocurrency vying for investors’ attention and demand. Like XRP and ADA, the token streamlines its expertise in the cross-border payment arena as well as in the sector of scalability, making it an apt choice for investors to explore and interact with.
According to CoinCodex, Polygon may rise and spike to hit the $ 0.45 price mark by the end of October 2024.
Image: CoinCodex
“According to our current Polygon price prediction, the price of Polygon is predicted to rise by 12.86% and reach $0.449263 by October 26, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 50 (neutral). Polygon recorded 14/30 (47%) green days with 6.72% price volatility over the last 30 days. Based on the Polygon forecast, it’s now a bad time to buy Polygon.”
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