Last week we looked at some rare cryptos you should really ponder if you are an investor. We explored 3 rare cryptos with significant market caps and the potential to reach the top 10 cryptos in the space.
We found out that we couldn’t do enough justice to the topic of potential cryptos if we didn’t explore more. You see, there are many virtual coins in the market today that are currently underrated because of lack of enough publicity. We explore 3 promising cryptos under $5 and which offer high utility for its users.
Crypto investors often overlook a very important factor-utility. If we can forget the flashy ICO ads for a minute and focus on what specific cryptos offers and how they can be used, then we can discover the benefits of investing in high utility cryptos.
Benefits Of High Utility Crypto
Imagine having a high market cap crypto, with low liquidity, and no one to sell it to. High utility cryptos are in constant use, being transferred and traded now and then, thus allowing you as an investor to buy and sell easily.
A digital coin with a legitimate use is in constant demand from users who seek to benefit from its utility. Investors as well seek to profit from its demand, and the more the crypto is in demand, the lesser the supply.
The Pantos(PAN) Crypto
The PAN currency stands at $0.01. Pantos is a cross chain crypto, developed by BitPanda, which is where the currency is available.
The coin is currently being developed to work on all blockchains. This will facilitate cross blockchain digital asset transfers, a feat not yet matched by any other crypto. The Token Atomic Swap Technology (TAST) empowers PAN to achieve these abilities.
Pan crypto project is still in its initial stages of development. Researchers from the University of Viena, Austrian Academy of Sciences and Research Institute of Future Cryptoeconomics (RIAT) are actively involved in its development.
Upon completion of the project, we say goodbye to exchanges and other third-party mediums used for asset transfer.
Omisego (OMG) Digital Currency
OMG’s price stands at $1.75 with a market cap of $248 million.
Its parent company, Omise deals with online payment solutions to its merchants. The company prominently featured in Forbes Thailand 2016 and won the Digital Startup of the Year.
It aims to provide a solution for the unbanked Asian population with an easy to use system for sending, storing and receiving money on any currency and at a low cost.
Besides targeting individuals, OMG also targets electronic payment providers. This is a major boost in its adoption.
Stellar Lumens (XLM) Coin
Considering a market cap of $2 billion and a price of $0.10, it’s clear that XLM is undervalued.
The digital currency boasts of being one of the fastest if not the fastest, facilitating less than 3 seconds transaction speeds. In addition, its transaction fee is almost free, charging 0.00001 XLM in a single transaction.
The XLM aims at overtaking SWIFT and take over the global money transfer markets.
These are just a few examples of crypto ahead of their time. They solve problems that the user doesn’t know exist. It’s just a matter of time before their true potentials are unleashed.