As we progress to the final quarter of 2023, it is nice to see price rallies of cryptos in the market. Bitcoin, the market-dominant coin, is recovering very slowly after a prolonged bearish spell. This has spurred numerous cryptos to attain higher prices in the market.
This has become evident in two coins, Terra (LUNA) and Terra Classic (LUNC), which have made remarkable recovery recently. This guide provides the recent action behind these coins’ prices. It also shares the details of five new and undervalued cryptos that are taking the crypto market by storm due to their impressive utilities and staking features. These coins include Bitcoin Minetrix, Meme Kombat, TG Casino, and more. First, let’s take a look at how Terra and Terra Classic have recovered in the current crypto market.
Advertisement
Terra and Terra Classic Makes Huge Recovery in The Crypto Market
Terra and Terra Classic had a bad spell during the early months of the bear market. These coins dipped in price, leading to investors pulling out and increasing their sell pressure. Well, the tides are changing as the Terra community engaged in a voting decision to stop the minting of its stablecoin. Based on this spirited action, LUNA and LUNC surged in the market, providing 27% and 10% price increments to their coin holders and investors.
In turn, crypto investors are optimistic about these coins’ recent bullish price action and are eager to invest in them promptly. Asides from Terra and Terra Classic, certain new coins, such as Bitcoin Minetrix, Meme Kombat, and TG Casino, are on savvy investors’ radar for obvious reasons. These coins are undervalued and have the potential to provide massive investment returns to holders. Without further ado, let’s discuss why you should also invest in these undervalued coins.
Advertisement
Bitcoin Minetrix (BTCMTX): A Crypto Platform Set To Revolutionize Cloud Mining For All
Kicking off the list is Bitcoin Minetrix, a new entrant in the crypto space that is already making waves among presale investors. This innovative crypto platform has streamlined Bitcoin cloud mining, making it a simple process for its users. All you have to do is own its native token, BTCMTX, and stake it to earn cloud mining credits. Then, you can exchange it to acquire cloud mining power to earn BTC.
Bitcoin Minetrix shines in its commitment to democratizing cloud mining, making it accessible to newcomers with no prior crypto or mining knowledge. This crypto has rapidly gained traction, raising over $100K within hours of its presale launch.
With 2.8 billion tokens allocated for the presale out of a total supply of 4 billion, Bitcoin Minetrix is set to raise a soft cap of $15.6 million. Interested investors can kickstart their journey with a modest $10 minimum purchase in the presale. Don’t miss the chance to be part of this groundbreaking crypto revolution.
Meme Kombat (MK): A Gaming Platform Infusing Staking Mechanism
Meme Kombat ($MK) is another hidden gem in the crypto world and introduces unique features that aim to stand out from the meme coin crowd. Unlike typical meme coins, Meme Kombat boasts a diverse array of utilities. It issues a staking feature where you can stake their $MK tokens, generate an impressive APY, and engage in play-to-earn activities through the Battle Arena.
Advertisement
During the presale phase, investors can swiftly stake their MK tokens, instantly unlocking a generous APY, currently at an enticing 112%. With only 12 million tokens in circulation, a meager supply for a meme coin, and no team allocation, Meme Kombat presents an intriguing investment opportunity. MK tokens are available for purchase at just $1.667, with the presale sporting a hard cap of $10 million. Don’t miss your chance to get in on this undervalued venture.
TG Casino (TGC): A Crypto Casino Platform Leveraging The Popular Telegram Group
TG Casino Token ($TGC) is yet another new and undervalued crypto gem that has swiftly raised an impressive $250,000 just days after its token launch. Up its sleeves, TG Casino aims to be a novel crypto casino that leverages the popular message app Telegram to deliver an anonymous, secure, and instant gaming experience.
Advertisement
Another feature that sets TG Casino apart is its remarkable stake-to-earn mechanism, boasting a staggering APY of over 1,500%. With a total supply of 100 million TGC tokens, the presale allocated 40%, with 20% each to liquidity pools and staking and 10% for rewards and bonuses, marketing efforts, and affiliates.
TGC tokens are currently priced at an affordable $0.125, and the presale features a $5 million hard cap. Be sure to get involved early enough before it eventually sells out.
Pikamoon (PIKA): A Fantastic Play-To-Earn Ecosystem
Pikamoon is another new player in crypto, offering a unique play-to-earn (P2E) and role-playing game experience while allowing players to reap rewards. This first-generation game boasts 18,012 Pikamoon NFTs, available for purchase and trade on the Pikamoon marketplace.
Advertisement
Gamers can assemble teams of Pikamoons to complete quests, challenges, and battles to earn $PIKA tokens. With 50 billion PIKA tokens available, plans have been made through burning mechanisms to ensure long-term sustainability and value appreciation.
Cogwise (COGW): An Amazing AI-Powered Platform
Cogwise is an innovative crypto platform merging Artificial Intelligence (AI) and blockchain technology to unravel the complexities of the crypto sphere. At the heart of this innovative ecosystem lies $COGW, its native token, which grants users unrestricted access to Cogwise’s suite of AI tools and functionalities.
With a total token supply of 1 billion, Cogwise embraces a deflationary mechanism, as 35% of fees and profits generated will be burnt. The platform aims to introduce token staking and yield farming options in its ecosystem, providing users access to premium AI models and liquidity rewards.
Advertisement
Final Thoughts: Invest in The Undervalued Crypto Projects of 2023 and Enjoy Massive Gains
As we’ve witnessed in the crypto market, altcoins are on the rise in providing massive price gains to investors and holders. Despite their price surge, new coins, currently undervalued, are in the market, ready to offer outstanding gains to their users, thanks to their impressive utilities and staking features.
Now is the time to take action as many cryptos experience new bullish prices. Keep an eye on these five undervalued cryptos in this guide, invest in them accordingly, and enjoy massive gains before the end of 2023.
