Undervalued crypto assets allow you to invest at a price that is perceived to be lower than its true long-term value. And as such, you’ll be investing at a discounted price.

In this guide, we take a closer look at the 10 most undervalued crypto projects in the market right now.

The 10 Most Undervalued Crypto for 2022

As per our market research, we found that the 10 projects outlined below represent the most undervalued cryptocurrencies in 2022.

  1. Lucky Block – Best Undervalued Cryptocurrency for 2022
  2. Bitcoin – Most Undervalued Crypto to Buy as a Beginner
  3. Ethereum – Super-Undervalued Crypto at Below $3,000 per Token
  4. Decentraland – Most Undervalued Crypto From the MetaVerse
  5. Dogecoin – Best Undervalued Crypto for Upside Potential
  6. XRP – Cross-Border Payments Project That Could be Undervalued
  7. BNB – Crypto Asset Backed by the World’s Largest Exchange
  8. Cardano – Popular Crypto Asset Trading at a Discount of Over 65%
  9. Shiba Inu – Cheap Crypto Asset for Speculative Investors
  10. Uniswap – Undervalued Crypto Platform Offering Decentralized Trading

Scroll down to read our analysis of the 10 undervalued crypto tokens listed above.

A Closer Look at The Most Undervalued Cryptocurrencies

Are you looking to buy cryptocurrency this month? With thousands of digital currencies available to buy and sell in the open marketplace, finding the most undervalued crypto for 2022 is no easy feat.

The good news is that we have done the hard work for you by narrowing our list of undervalued projects down to just 10.

In the sections below, we explain why we believe that these 10 projects could be a great addition to your crypto portfolio today.

1: Lucky Block – Overall Most Undervalued Cryptocurrency for 2022

lucky block logoLucky Block was founded in late 2021 with the view of revolutionizing the global lottery industry. The project is building a decentralized mobile app that will allow players from all over the world to access its lottery gaming services at the click of a button.

Each and every gaming outcome is governed by a smart contract, which ensures that the number-drawing process is free from manipulation and 100% random. And, as Lucky Block games are not backed or controlled by a single person or authority, no jurisdictional restrictions are in place. Moreover, Lucky Block has quickly gained a reputation as one of the best web 3.0 crypto coins investors can get their hands on in 2022.

This is expected to result in huge jackpot prizes for those participating in Lucky Block lotteries. This top-rated project launched its Lucky Block token in January 2022 after selling out its pre-sale campaign allocation 10 days early. Initially, the token was priced at just $0.00015, albeit, Lucky Block has since hit highs of over $0.009.

lucky price token

This means that in less than two months of trading, early Lucky Block investors witnessed growth of nearly 6,000%. With that being said, the price of Lucky Block has since retreated to a more favourable entry price of below $0.005. And as such, at current pricing levels, this makes Lucky Block both the most undervalued crypto for 2022, and the best long term crypto investment moving forward.

In fact, if buying Lucky Block for under $0.05 per token, you are getting a discounted price of nearly 50% when compared to its previous peak. In terms of moving forward, Lucky Block has lots planned in the coming weeks and months. For instance, in addition to its native lottery mobile crypto app, Lucky Block is expected to list on no less than 10 centralized exchanges this year.

Huge marketing campaigns are in the making too – which includes billboard advertisements in the Las Vegas strip. Moreover, although the Lucky Block token currently operates on top of the Binance Smart Chain, the project is due to launch an Ethereum bridge.

Put simply, the ETH-version of Lucky Block will make things a lot more seamless when it comes to listing on centralized exchanges. If you want to buy Lucky Block, head over to the Pancakeswap exchange to complete your purchase in a matter of minutes. If you need some guidance on how to buy cryptocurrency like Lucky Block – read on.

Cryptoassets are a highly volatile unregulated investment product.

2: Bitcoin – Most Undervalued Crypto to Buy as a Beginner    

Ever wondered if you can buy Bitcoin despite its expensive market price? If you’re entering the digital asset space for the very first time – Bitcoin could be the most undervalued crypto to buy today. This is because – in comparison to many of the other crypto projects we discuss today, Bitcoin is a lot less volatile. After all, Bitcoin is the largest crypto asset in terms of market capitalization – as it has been since launching in 2009.

In terms of valuation, Bitcoin has been stuck in a consolation period over the first few months of 2022 – sitting between pricing levels of approximately $37,000 – $42,000. With that said, both ends of this consolidation range are much lower when compared to the asset’s prior all-time high of just under $69,000. If you’re looking to put your crypto holdings to work through innovative features like staking and lending, you might want to check out our in-depth Crypto.com credit card review.

And as such, even if you were to invest in Bitcoin at the $42,000 range – this represents a discounted entry price of almost 40% from its most recent peak. The good news for entry-level investors is that although Bitcoin trades for thousands of dollars for a single token, you can risk just $10 when using a beginner-friendly crypto broker like eToro. This means you can buy Bitcoin with eToro without spending a fortune.

Cryptoassets are a highly volatile unregulated investment product.

3: Ethereum – Super-Undervalued Crypto at Below $3,000 per Token    

Another large-cap crypto project that is potentially undervalued in the current economic landscape is Ethereum – which is in second place in terms of market capitalization. This project is home to a decentralized blockchain network that allows developers to create and deploy smart contracts.

There are two key reasons why Ethereum is one of the most undervalued crypto for 2022 and one of the best altcoins. First and foremost, Ethereum has traded below $3,000 per token since the turn of 2022. And, when you consider that Ethereum hit highs of nearly $5,000 in late 2021, at current pricing levels, this represents a huge discount.

In fact, even at $3,000 per token – this translates into a discounted entry price of over 60% from its prior peak. Moreover, Ethereum is due to complete its migration to proof-of-stake later in 2022. When this finally goes through after several years of delay, this will result in significantly faster, cheaper, and more scalable transactions on the Ethereum network.

Cryptoassets are a highly volatile unregulated investment product. 

4: Decentraland – Most Undervalued Crypto From the MetaVerse  

Next up on our list of the most undervalued crypto for 2022 is Decentraland. This project is home to a MetaVerse coin – MANA, that fuels the Decentraland gaming world. Put simply, users can use MANA tokens to invest in virtual plots of land from within Decentraland and subsequently build real estate projects.

Although this might sound like a farfetched idea, it is important to note that some Decentraland plots have sold for millions of dollars each in recent months. Therefore, there is clearly a verifiable marketplace for MetaVerse projects like Decentraland. And, best of all, At current pricing levels, Decentraland is arguably one of the most undervalued crypto in the market.

decentraland price prediction

For example, in the 12 months prior to writing this market insight, Decentraland’s MANA token was priced at just under $1. And, towards the close of 2021, the same digital currency hit all-time highs of nearly $6 – which represents gains of 500%. However, like many other Web 3.0 coins in this space, MANA has since retreated and thus – is available at a huge discount of over 50%.

Cryptoassets are a highly volatile unregulated investment product. 

5: Dogecoin – Best Undervalued Crypto for Upside Potential   

Fuelled largely by speculation and hype, Dogecoin was one of the most popular crypto to buy in 2021. After all, Tesla and SpaceX CEO Elon Musk often tweeted about Dogecoin in a positive light, which helped the project achieve huge pricing gains. For instance, at the start of 2021, Dogecoin was trading for just $0.004.

Fast forward to May of the same year and Dogecoin hit highs of nearly $0.74 per token. This translates to gains of over 18,000% in the space of just five months. However, the price of Dogecoin has since taken a significant beating, with its value hitting 52-week lows of just $0.11. This has resulted in many Dogecoin price predictions becoming bearish in recent weeks.

With that said, if you’re a fan of Dogecoin and believe that it has a further upside to offer, investing at this pricing point will allow you to enter the market at a huge discount. For example, based on its 52-week low of $0.11, this means that you can buy Dogecoin on eToro at a price that is 85% less than its prior high.

Cryptoassets are a highly volatile unregulated investment product. 

6: XRP – Cross-Border Payments Project That Could be Undervalued   

XRP is the native digital token of the Ripple project – which allows banks to perform cross-border payments at super-low fees and transaction speeds of less than 5 seconds. This is the case irrespective of where the sender and receive are located and which currencies are being used to transact.

xrp price chart

However, there is no denying that XRP is still trading at a price point that is significantly lower than the all-time high it achieved in early 2018 – which stood at $3.84. In 2022, for instance, XRP is yet to breach $1 per token – which means that the project could be one of the most undervalued cryptocurrencies to consider right now.

Cryptoassets are a highly volatile unregulated investment product. 

7: BNB – Crypto Asset Backed by the World’s Largest Exchange   

Binance is the world’s largest cryptocurrency exchange in terms of daily trading volume and liquidity levels. The exchange also has its own native crypto asset – BNB, which allows users of its platform to benefit from discounted commissions. BNB is also the digital token that fuels the Binance Smart Chain, which is home to a range of undervalued crypto tokens like Lucky Block.

bnb price prediction

With that said, the value of Binance Coin has taken a beating in recent months like the rest of the industry. For instance, in late 2021, BNB hit an all-time high of nearly $700 per token. With that said, the token has dropped below $400 per token several times in 2022 already, which represents a discounted purchase price of over 40%.

Cryptoassets are a highly volatile unregulated investment product.

8: Cardano – Popular Crypto Asset Trading at a Discount of Over 65%   

Cardano is a blockchain project that is backed by peer-reviewed academic research. The blockchain is home to a native digital token – ADA, which allows users to send and receive funds in a decentralized manner. Cardano is also able to facilitate fast and low-cost smart contract agreements.

cardano price chart

In terms of pricing, Cardano peaked at over $3 per token in Q3 2021. However, in line with the broader crypto markets, Cardano has since corrected in valuation. For instance, ADA has traded below $1 since February 2022 – which represents a decline – or entry price discount, of over 65%.

Cryptoassets are a highly volatile unregulated investment product.

9: Shiba Inu – Cheap Crypto Asset for Speculative Investors   

As one of the best meme coins, Shiba Inu has experienced huge gains since launching in 2020. In fact, Shiba Inu has performed so well that it is now a top-20 crypto in terms of market capitalization. With that said, Shiba Inu is another crypto that could be undervalued based on current pricing conditions.

shiba inu price chart

For instance, in late 2021 the crypto asset was trading at over $0.00008 per token. But, as of writing, the same digital currency can be purchased at approximately $0.00002. According to Shiba Inu price predictions this represents a price discount of over 75%. And, when you consider just how cheap Shiba Inu is on a token-by-token basis, a small investment of just $100 would still get you over 5 million coins.

Cryptoassets are a highly volatile unregulated investment product.

10: Uniswap – Undervalued Crypto Platform Offering Decentralized Trading   

The final project to consider from our list of the 10 top undervalued cryptocurrencies is Uniswap. This platform offers decentralized trading services – meaning that users can buy and sell crypto without needing to go through a centralized exchange like Binance. Instead, orders are matched on a peer-to-peer basis.

uniswap price prediction

And, in terms of pricing, Uniswap does not rely on order books. Prices are instead governed by an automated market maker (AMM) system, which takes into account volume, market capitalization, circulating supply, and more. The UNI token is trading at a discount of nearly 80% when compared to its prior all-time high of $44 – which it achieved in April 2021.

Cryptoassets are a highly volatile unregulated investment product.

How do You Determine if a Crypto is Undervalued?   

Buying a crypto asset that is undervalued allows you to invest at a discounted price – when compared to its perceived worth.

  • As a basic example, if you were to buy Bitcoin at $40,000 but you believe its true market value stands at $60,000 – this means that you are entering the market at a discounted price of over 33%.

But, how do you actually determine if a crypto is undervalued? Well, in a nutshell, there is no sure-fire way of knowing if a crypto – or any asset class for that matter, is undervalued – not least because the concept is subjective.

After all, while you might believe that the digital currency in question is undervalued, another investor might think differently.

With that said, one of the best ways to find undervalued crypto projects is to focus on tokens that you believe will perform well in the long run

For example, if you believe that Ethereum will remain the de-facto smart contract blockchain of choice over the course of time, entering the market at $3,000 as opposed to its all-time high of $5,000 offers a huge discount.

How to Find Undervalued Cryptocurrencies?   

If you’re still searching for the most undervalued crypto projects for 2022 – the best way to find suitable tokens is to perform some in-depth research.

To point you in the right direction, below we offer some handy tips to help you choose the top undervalued cryptocurrencies for your portfolio.

Consider Broader Market Conditions   

The cryptocurrency markets – like most tradable instruments, go through bullish and bearish cycles. This means that, for example, the broader industry can go through a collective upward swing that can last for several weeks or even months.

When this happens, a majority of digital currencies will experience prolonged pricing growth. This happened throughout the bulk of 2021 when many crypto assets hit new all-time highs.

How to Find Undervalued Cryptocurrencies?   

On the other hand, when the cryptocurrency markets go through a bearish cycle, most projects will struggle in terms of growth. And, when this does happen – this gives you the very best opportunity to buy undervalued crypto tokens.

This is because the broader markets move in sync. Meaning – when Bitcoin losses value – so do most other cryptocurrencies – even if the decline isn’t justified with any fundamental reasoning.

Therefore, you can often buy your chosen crypto asset at a huge discount.

Look at the Market Capitalization    

The next metric to look at when searching for the most undervalued crypto projects is market capitalization.

This refers to the overall market value of the project and is calculated by the total number of tokens in circulation against the current price of the crypto asset.

The idea here is to assess the current valuation of the project in relation to its prior peak. For example, as of writing, Bitcoin is carrying a market capitalization of under $800 billion.

However, when the digital currency last hit an all-time high in late 2021, it carried a market capitalization of $1.3 trillion. This means that in buying Bitcoin at current pricing levels, an upside of nearly 70% is required for it to regain its prior peak valuation.

As such, in exploring the market capitalization of a crypto project and analysing it against prior highs, you can attempt to calculate the potential upside that the investment offers.

Search for Low-Cap Gems    

Another effective way to find the most undervalued crypto projects is to search for low-cap gems. This means finding projects that are relatively new in this space and thus – carry a small market capitalization.

  • For example, according to CoinMarketCap, the previously discussed Lucky Block token carries a circulating market capitalization of just $129 million.
  • When compared to the other undervalued crypto projects discussed on this page – all of which carry a valuation of over $1 billion, this means that the upside potential with Lucky Block could be huge.

And, as Lucky Block was only launched in early 2022, a small market capitalization is justified at this stage. Therefore, buying Lucky Block right now would allow you to do so at a highly attractive entry price.

How to Buy the Most Undervalued Crypto   

Once you have decided on which undervalued crypto tokens to add to your portfolio – you then need to assess which exchanges the project is listed on.

Then, it’s just a case of registering an account with your chosen exchange, making a deposit, and then completing the trade.

If you’re somewhat new to this space and need some guidance on how to buy the most undervalued crypto for 2022 – read through our step-by-step walkthrough below.

How to Buy Lucky Block   

The first segment of our walkthrough will focus on how to buy Lucky Block – which we found to be the most undervalued crypto in the market right now.

This crypto token can be purchased via Pancakeswasp by following the guidelines below.

Step 1: Download Trust Wallet

The first step is to download the Trust Wallet app to your cell phone.

The reason for this is that:

  • Trust Wallet supports crypto tokens that operate on the Binance Smart Chain – such as Lucky Block
  • You can connect Trust Wallet to the Pancakeswap exchange – which is where Lucky Block is listed
  • This top-rated wallet is backed by the world’s largest exchange – Binance

Once you have downloaded Trust Wallet to your smartphone, open the app and choose a PIN.

how to buy lucky block crypto

You will also need to write down the 12-word backup passphrase that Trust Wallet shows you on-screen.

Step 2: Add BNB to Trust Wallet

As the native digital currency of the Binance Smart Chain, it makes sense that Lucky Block trades against BNB. And therefore, in order to buy Lucky Block via Pancakeswap, you need to add some BNB tokens to your wallet.

  • If you already have BNB tokens, transfer them to your Trust Wallet public address
  • If not, you can buy BNB via Trust Wallet with a debit or credit card. This will first require you to go through a quick KYC process.

Once your Trust Wallet app is funded with BNB – you can proceed to the next step.

Step 3: Connect to Pancakeswap

Now that you have BNB tokens, you can head over to the Pancakeswap exchange. You can do this by clicking on the ‘DApps’ button, followed by the Pancakeswap logo.

A message will then appear on your screen asking you to authorize a connection between Trust Wallet and Pancakeswap. By providing authorization, this will allow you to use your BNB balance to buy Lucky Block.

Step 4: Find Lucky Block Token

Pancakeswap lists thousands of BCs tokens, so in order to find Lucky Block, you will need to paste in the project’s contract address.

The reason for this is that anyone can create a token on the Pancakeswap exchange – meaning that there are many imitations of projects that are designed to trick you.

As such, head over to the Lucky Block website and copy the contract address, before pasting it into Pancakeswap.

Step 5: Swap BNB for Lucky Block

The final step is to swap the BNB you have stored in your Trust Wallet app for Lucky Block. First, enter the number of tokens that you wish to swap. In doing so, the number of Lucky Block tokens that you will receive will update accordingly, based on current prices.

how to buy lucky block crypto

Then, click on the ‘Swap’ button and confirm the purchase. Within a few seconds, the trade will go through. You can then close your connection with Pancakeswap and head back to your Trust Wallet interface.

Click on the ‘Add Custom Token’ button and once again paste in the Lucky Block contract address. This will then add the token to your list of projects and thus – you can view the price of Lucky Block via Trust Wallet in real-time.

Cryptoassets are a highly volatile unregulated investment product.

How to Buy Undervalued Crypto on eToro  

All of the other undervalued crypto tokens that we analyzed today are available to buy on the leading brokerage site eToro.

For those unaware of what eToro offers, you can buy and sell dozens of undervalued cryptocurrencies such as Basic Attention Token from just $10 per trade at industry-leading fees.

And, as eToro is heavily regulated it allows you to deposit US dollars via a debit/credit card or e-wallet on a fee-free basis.

Follow the steps below to buy the most undervalued crypto for 2022 in less than five minutes.

Step 1: Open an eToro Crypto Account 

Before you can access undervalued crypto projects on the regulated eToro website, you will need to register an account. This rarely takes more than a couple of minutes from start to finish.

First, click on the ‘Join Now‘ button and choose a username and password for your account login details. Then, enter your full name, cell phone number, and email address – before clicking on ‘Create Account’.

eToro - Open Account

After confirming your email address, eToro will ask you for a few more details – such as your home address and social security number (or the equivalent in your home country). 

Cryptoassets are a highly volatile unregulated investment product.

Step 2: Verify Account

Another reason why eToro is so popular with crypto investors is that the KYC process takes less than a minute to complete.

This is because once you upload a copy of your government-issued ID and a proof of address – the documents will be verified near-instantly by eToro’s fintech tool.

Step 3: Deposit Funds

At eToro, you only need $10 in your account to buy undervalued crypto. Supported payment methods include ACH and bank wires, as well as debit and credit cards.

buy dogecoin at etoro

Several e-wallets are supported too – such as Neteller, PayPal, and Skrill. For example, this means you could buy Bitcoin with PayPal directly from your mobile device. No fees are charged on any supported payment method if you are funding your account in US dollars.

Step 4: Search for Undervalued Crypto

Assuming that you already know which undervalued crypto tokens you wish to add to your eToro portfolio, you can simply search for the project and click on the ‘Trade’ button.

buy bitcoin etoro

The other option is to view the full list of supported crypto markets by clicking on the ‘Discover’ button.

Step 5: Buy Undervalued Crypto

The final part of this step-by-step walkthrough will require you to place a buy order. You will first need to let eToro know the amount of money that you wish to invest.

This can be any dollar amount from $10 upwards.

buy bitcoin etoro

After that, you can place your buy order by clicking on the ‘Open Trade‘ button. eToro will then add your chosen undervalued crypto tokens to your portfolio.

Conclusion

This market insight has discussed 10 of the most undervalued crypto tokens available to buy at a discount right now.

We found that overall – Lucky Block is the best crypto to buy for this purpose – especially when you consider that the project is just a couple of months old.

This means that based on current prices, you can invest in Lucky Block’s innovative lottery game ecosystem at a highly attractive entry price.

lucky block logo

Cryptoassets are a highly volatile unregulated investment product.

Frequently Asked Questions on Undervalued Crypto Tokens

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