Here Are Three Seriously Undervalued Altcoins, According to Crypto Trader Tyler Swope
Tyler Swope, host of the Chico Crypto YouTube channel, is drawing attention to three altcoins with untapped potential.
In a new video, the crypto trader and analyst starts off his list with Ampleforth’s recently airdropped governance token FORTH. While Ampleforth’s AMPL token has been around since 2019, FORTH just launched and was quickly adopted by top crypto exchange Coinbase.
Swope notes that Ampleforth geyser v2 contracts are coming out soon, likely right before Uniswap’s latest version launches on May 5th.
“Guys, their v2 is not released from AMPL yet. As seen from Alchemist coin (MIST), these contracts are shaping up to be game-changing multi-stake NFT (non-fungible token) vaults which just might tie into Uniswap v3.”
Ampleforth’s FORTH token is currently ranked 188 by market cap and sits at roughly a $356 million valuation.
The next undervalued asset Swope mentions is cloud-based integration program Unibright (UBT). The analyst dives deep to uncover an impressive likely partnership between CONA (Coke One North America) and Unibright. Swope posits that Unibright will aid CONA in tokenizing invoices in business applications.
Unibright holds a $247 million valuation at time of writing, ranked at 204 on the largest coins by market cap.
The last project Swope highlights is blockchain supply chain tracker Morpheus Network (MRPH), which services the global trading industry.
Swope’s research leads him to believe that Morpheus may be on the verge of locking in a partnership with Coca-Cola FEMSA.
Morpheus has the smallest market cap of the three assets, sitting at an $80 million valuation, at time of writing.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Tithi Luadthong
The post Here Are Three Seriously Undervalued Altcoins, According to Crypto Trader Tyler Swope appeared first on The Daily Hodl.
Go to Source
Author: Daily Hodl Staff