Hi guys,
Looking at the charts today and studying the trend I believe the following cryptocurrencies are very undervalued.
steem- it is very undervalued as I believe that steemit will in the future take place right next to youtube and Twitter so as the awareness of steemit grows so will the value of steem. Longterm - exponential growth, short term - very undervalued.
ripple (xrp) - with all the recent news about implementation of xrp into the various banks, the value should be quite high for this coin, yes the supply is ampule but with each transaction there is a small amount of xrp that is destroyed and furthermore ripple is potentially going to announce a lock on the release of over half the coin in production so the vale of the remainder should increase immensely from its current price in the near future.
I have no investment in ripple or digibyte as yet but will definitely invest now.
Guys this is my opinion based on my research and reading the trend, please do your own research before investing and goodluck trading.
Would love to hear of everyone's opinions aswell!