In the crypto world, most investors focus on the largest cryptocurrencies such as Bitcoin, Ethereum, XRP, and Co. However, there are still coins that can increase massively in the coming weeks and months but are still undervalued at the moment. Let's mention those 3 undervalued cryptos that can explode in 2022.

If we look at the crypto market in 2022, we see 3 major trends that are driving the cryptocurrency market at the moment: 

•  The Metaverse
•  DeFi
•  NFTs

Blockchain solutions that offer solutions in one or more of these areas have high chances of success and increasing value in the future. These include the following 3 cryptocurrencies.

At the moment there are numerous solid projects supporting the metaverse. The Sandbox (SAND) seems to be the most solid project. To date, The Sandbox has sold over $350 million worth of virtual properties. Furthermore, The Sandbox tries to merge the metaverse with NFTs by wanting to represent two-dimensional NFTs in a three-dimensional form in the metaverse. The Sandbox is one of the still undervalued cryptocurrencies in 2022.

Decentralized financial services require smart contracts so that they can offer financial services over the blockchain. The so-called decentralized oracles help to integrate data from the analog world into the blockchain world. Chainlink offers possibly the best oracle platform on the market. Lending, decentralized staking, and decentralized trading will benefit greatly from Chainlink. Chainlink has recently lost a lot of value and is currently one of the undervalued cryptocurrencies in 2022.

Avalanche (AVAX) has developed into a major Ethereum competitor in a very short time. Avalanche allows developers to build decentralized applications and further individual blockchains known as "subnets". Compared to Ethereum, Avalanche has a much higher transaction speed of 4,500 transactions per second. Furthermore, the low costs are ideal for DeFi and NFTs. Avalanche is growing strongly in the NFT market. Avalanche remains one of the undervalued cryptocurrencies in 2022.

You can now buy these cryptos cheaply in 2022 on the crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex  .

There is a lot of pessimism in the crypto market at the moment as Bitcoin and other cryptocurrencies lost a lot in January 2022. Nevertheless, there is still hope that 2022 will still be a bullish year. This positivity comes at a time when India finally legalized cryptocurrencies despite previous bans. Which best crypto can bring you big profits in the months to come? Let's find out.

Is Cardano still undervalued? The upcoming updates in the Cardano network suggest so. Because with the upcoming Basho update, the scalability of Cardano, in particular, should increase massively. This means that the blockchain could become even more of a basis for DeFi and NFTs in the future.

2 weeks ago we saw a sharp rise in the ADA rate as the concrete improvements were also released in the basho update. With the strong Bitcoin drop, the ADA price also fell again. However, the potential of Cardano is huge. The number of addresses in the network is also constantly increasing. This makes Cardano one of the best-undervalued cryptocurrencies for 2022.

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Although Polygon was one of the most successful cryptocurrencies in 2021, the former Matic network still seems to be undervalued. In recent market crashes, the MATIC token has fallen even more than most other cryptocurrencies, making the token particularly cheap at the moment.

The big advantage of Polygon is that it can network Ethereum-compatible blockchains. Furthermore, it applies particularly strongly in the area of ??security. Polygon also benefits from any profits in Ethereum. The strong network has long been considered undervalued and could still gain massively in bullish phases in 2022.

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Algorand will also continue to be one of the best-undervalued cryptocurrencies in 2022. The network is considered efficient and secure. Transactions can be processed on the Algorand network at up to 1,200 per second. But the developers are working to ensure that the transaction speed in the Algorand network continues to increase.

Algorand is one of the blockchains that rely on security and high scalability without sacrificing decentralization. In the last few weeks, the use cases of Algorand, especially in the DeFi area, have increased massively. The big breakthrough for Algorand could come in 2022.

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