Value investing in the crypto space can be as tricky a proposition as defining the value of a given crypto in the first place. To get a sense of which cryptocurrencies are undervalued, you have to go beyond simple measures like market capitalization, daily volume, and short-term technicals to look at the long-term value propositions each token’s network represents.
With that in mind, here are the three cryptocurrencies currently trading well below $1.00 that we think hold the most promise for long-term investors.
Tron (TRX) – Big Plans Backed by Nuts-and-Bolts Execution
No one made a lasting fortune panning for gold during the Gold Rush. Levi Strauss, though, built an empire supplying prospectors, and he’s not the only one who made a fortune that way. That kind of thinking is why we like TRX as a long-term value play.
Already highly popular and well capitalized, Tron has weathered the initial skepticism that greets any new cryptocurrency and now trades as a steady, low-beta option. Its technical profile alone gives Tron a strong place in most crypto portfolios, but its underlying tech and strategic vision make it one of our favorite options for the rest of 2022 and beyond.
Tron made a splash in 2018 with its acquisition of BitTorrent, which fit in nicely with Tron’s ambitions of becoming a peer-to-peer hub for content providers and content consumers. Behind the scenes, its investments have given its platform massive throughput and impressive speed, all the better to host a solid and growing array of dApps. Its recent sTRONger Together Challenge brought the Tron and BitTorrent communities together in celebration of an ecosystem that we believe will reward investors for years to come.
Stellar (XLM) – One Network to Unite Them All?
Truth be told, we think Stellar’s stated long-term ambition—to become a platform for literally every fiat and crypto currency—is a bit much at this point. The good news is that it doesn’t have to become the center of the financial universe to deliver strong returns for investors over the medium- and long term.
We like that Stellar has invested so wisely in its core technology, building on its status as a popular open-source payment network to deliver the speed and capacity that will let it continue to grow. Even better, we like that its world-uniting goals are so compatible with good decisions in the here and now. If it unifies the world’s payment systems and currencies in one processing network, great. If it has to settle for uniting a significant number of currencies, even those from a few different sectors, that’s fine, too. We’ve seen enough to believe in Stellar’s tech and its management.
Budblockz (BLUNT) – Cannabis Crypto Done Right
Tron and Stellar are established currencies, so we’ll wrap things up with a complete newcomer whose roadmap impresses us to no end. BLUNT is still preparing for its presale, but everything we’ve learned about the cannabis-centered token and its platform suggests that it’s ideally poised to serve a growing market, both on Ethereum and IRL.
Marijuana-related cryptocurrencies have typically offered themselves as saviors for an exploding US market that’s poorly served by banking institutions. Budblockz has taken a step back, and posits itself as more of a complement to an industry whose only predictable factor is its continued growth. Instead of a fleet of ATMs, Budblockz plans to build its own point-of-sale network for interested cannabis retailers; instead of limiting itself to facilitating retail transactions, its roadmap calls for the creation of asset-backed NFTs that allow members to support companies throughout the cannabis supply chain by purchasing marginal ownership in them.
It’s a refreshing, and we dare say a sober approach to an industry that’s attracted too many flashes in the pan. BLUNT’s presale value is tentatively set for $0.0042, making it an accessible way to play an important economic sector. However, the private sale is now live with BLUNT tokens available at a discounted price of $0.0015 each.
To purchase your $BLUNT tokens visit the official BudBlockz website https://budblockz.io
Step 1: Click the “sign up” button at the top of the page
Step 2: Create a Budblockz account. Ensure you use a valid email address.
Step 3: From your client dashboard, click the “buy $BLUNT” button
Step 4: set the amount you want to purchase and the currency you want to order in
Step 5: Make the payment to the provided wallet address
Step 6: Receive your tokens!