Top 15 Undervalued Altcoins to invest in during this Bear Market

2018 has been a brutal year for cryptocurrency investors, the market valuation took a huge dump from 830 billion dollars back in January to 190 billion dollars in early September. While the entire market remained bearish, altcoins took most of the beating and almost all the top altcoins plummeted 80-90% from their all time highs.

With Bitcoin dominance above 55% and most of the altcoins sitting at their historical support range, I personally believe this is the opportunity where the gains are to be made in altcoins. Although, there is still room for Bitcoin to go lower especially with an ETF decision pending at the end of this month which can increase the volatility in the market and present us with better investment opportunities but it is always important to be prepared as to which altcoins you need to be investing into in order to be well placed when the market picks up.

There are more than 1900 altcoins listed on coinmarketcap alone. While many of these altcoins serves little to no purpose and many of them will eventually die but there will be few winners who will stand the test of the time and will reward the investors in the long run. However, finding those gems is the most difficult part.

Today, I am going to share a list of top 15 altcoins that I believe are severely undervalued right now and will do well in the long run. I am personally invested in all of them and took various factors into account while picking my top 15, I will also be doing a series of posts highlighting the strengths and weaknesses of each of these projects in the coming days, till then enjoy the list.

Selection Criteria:

• Team
• Stage of Development
• Intrinsic value of token
• Circulating Supply vs Total Supply
• Niche/Market
• Innovation
• Market Awareness
• Competition
• Partnerships
• Risk to Reward Ratio

Name	Market Cap	Type	Circulating Supply	% Change from ATH
Ethereum	$21.6 billion	Public Blockchain	100%	-84.7%
Neo	$1.1 billion	Public Blockchain	65%	-89.35%
Binance Coin	$921 million	Exchange Coin	49.6%	-60.55%
ICON	$235 million	Blockchain Interoperability	48.4%	-95%
Steem	$227.3 million	Social Media	94.29%	-89%
Walton	$125 million	Supply Chain	57%	-92.86%
Wanchain	$94.6 million	Finance/Interoperability	50.55%	-90.87%
Power Ledger	$58.4 million	Energy	38.16%	-92%
Elastos	$56.3 million	Telecom/Operating System	22.76%	-92%
HPB	$30.2 million	Hardware Accelerated Blockchain	37.3%	-91.19%
TheKey	$21.8 million	Identity Verification	51.65%	-89%
Bluzelle	$21.4 million	Decentralized Database	38.24%	-85.43%
NKN	$6.5 million	Telecom/Network Infrastructure	25.86%	-92.85%
Decision Token	$4.1 million	Voting	66.38%	-97.57%
Unibright	$2.5 million	Blockchain Integration	92.35%	-87.83%

There are few projects which couldn't make the list but are very promising indeed and deserves a mention. These include VeChain, OmiseGo, Ontology, 0x, Zilliqa, BAT and Pundi X

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Disclaimer: This is not a financial advice. I am giving my personal opinion, do your own research before making any investment decision. Do not invest more than you can afford to lose.

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