Morpheus

Morpheus Labs

Gems

<h4>Undervalued crypto projects have great potential. The current crypto market is still deciding on which direction it’s going. Is Bitcoin recovering and keeps going up? Or is it a short rest stop here, and will we go to a $60k $BTC price again?</h4>The Mt. Gox refund is going to hit us this month. So, expect some $BTC sell-offs.&nbsp;Still, there are also plenty of undervalued projects out there. They can give us value in the long run. This is also a great time to pick up such altcoin gems and add them to your bags. They’re undervalued, after all, and should have upside potential. So, here are four such altcoin gems.<h5>1) Akash ($AKT)</h5><a href="https://akash.network/" rel="noopener noreferrer nofollow">Akash</a> is a project that is active in both the DePIN and AI sectors. Now, these are two of the hottest crypto sectors this year. Akash started as a decentralized computing marketplace. That means you can offer your excess GPU and rent it out. This turns out to be a much cheaper option compared to the big cloud computing providers.However, recently, Akash has also moved much more into the AI direction. For starters, AI is one of the big consumers of GPU. So, they need that GPU to keep their projects working. But almost on the sly, Akash started partnerships with AI-focused projects.<img class="wp-image-145369 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxvcbbnvhghjjh-248x300.jpg" alt="" width="422" height="510"><h6>Source: <a href="https://x.com/akashnet_/status/1808648927375188435" rel="noopener noreferrer nofollow">X</a></h6>Their <a href="https://x.com/akashnet_/status/1805635609165287474" rel="noopener noreferrer nofollow">latest partnership</a> is with Flock.io. This allows you to train AI models. Furthermore, Akash is now <a href="https://x.com/cryptocom/status/1806284403187851748" rel="noopener noreferrer nofollow">available</a> on Crypto.com for staking. That’s not it, it’s now also <a href="https://x.com/CoinbaseAssets/status/1805241020612796508" rel="noopener noreferrer nofollow">available</a> to New Yorkers on Coinbase.However, the biggest news surely comes from <a href="https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q3-2024" rel="noopener noreferrer nofollow">Grayscale</a>. They added Akash to their list of; High-potential assets for Q3-2024. No wonder that the price of <a href="https://www.coingecko.com/en/coins/akash-network" rel="noopener noreferrer nofollow">$AKT</a> has been going up over the last couple of days.<h5>2) Morpheus ($MIND)</h5>My next pick of altcoin gems is <a href="https://morpheuslabs.io/" rel="noopener noreferrer nofollow">Morpheus Labs</a>. This project assists Web2 firms with the transition into Web3. It does this with a low-code platform and with the help of AI. Morpheus Labs has some well-known partners, like:<ul><li>Alibaba Cloud.</li><li>Huawei Cloud.</li><li>Amazon Web Services.</li><li>Tencent Cloud.</li><li>JP Games.</li><li>Elrond.</li><li>Group, and more.</li></ul>Their ecosystem provides some great solutions. For example:<ul><li><a href="https://x.com/morpheuslabs_io/status/1806179588755820591/photo/4" rel="noopener noreferrer nofollow">Layer 2 scalable solutions</a> — Increased throughput by offloading transactions from the main chain.</li><li><a href="https://x.com/morpheuslabs_io/status/1806179588755820591/photo/2" rel="noopener noreferrer nofollow">Sharding</a> — Divide the network into smaller pieces for parallel processing. Think of a supermarket with only one open cashier. This leads to queues. However, once the supermarket opens more cashiers, the queues disappear.</li><li><a href="https://x.com/morpheuslabs_io/status/1806179588755820591/photo/3" rel="noopener noreferrer nofollow">Off-Chain Computing</a> — Lower the on-chain burden with external computations.</li></ul><img class="wp-image-145371 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/1565996-196x300.jpg" alt="" width="430" height="658"><h6>Source: <a href="https://x.com/morpheuslabs_io/status/1806179588755820591" rel="noopener noreferrer nofollow">X</a></h6>Combined with the low-coding options, this saves lots of time for developers. Furthermore, Morpheus Labs is also multichain. Another feature that makes developers’ lives easier. It’s also a cost-effective option, which attracts firms.&nbsp;Morpheus Labs offers solutions in various sectors, like:<ul><li>GameFi.</li><li>Metaverse.</li><li>NFTs.</li><li>Digital assets.</li><li>E-commerce.</li><li>Education in Web3.</li></ul><img class="aligncenter wp-image-145373" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvddsdfsdf-279x300.jpg" alt="Altcoin gems" width="440" height="473"><h6>Source: <a href="https://x.com/morpheuslabs_io/status/1810200948993900664" rel="noopener noreferrer nofollow">X</a></h6>Its three main components are:<ul><li><a href="https://morpheuslabs.io/ml-seed-platform-new/" rel="noopener noreferrer nofollow">SEED platform</a> (The Solution Environment for Enterprise Development). A B2B blockchain-as-a-service platform. It offers ready-to-use Web3 solution templates.</li><li><a href="https://morpheuslabs.io/smart-contract-studio/" rel="noopener noreferrer nofollow">Smart contract studio</a>, an AI-driven tool. It builds and tests AI-powered smart contracts. A real end-to-end solution.</li><li><a href="https://morpheuslabs.io/web3-workflow-studio/" rel="noopener noreferrer nofollow">Web3 Workflow Studio</a> is their low-code workflow automation platform. This integrates Web2 and Web3 apps and systems.</li></ul>So, as you can see, Morpheus Labs offers plenty of options for a successful transition from Web2 to Web3.<h5>3) Graphlinq ($GLQ)</h5>With <a href="https://graphlinq.io/" rel="noopener noreferrer nofollow">GraphLinq</a>, we’re in the AI sector. One of the hottest sectors you can currently find in crypto. It offers no-code Web3 automation. GraphLinq has, for example, its own chain and token standard.&nbsp;The protocol is multichain, and it takes only mere seconds to deploy and manage Dapps. Currently, it has 170 million <a href="https://www.coingecko.com/en/coins/graphlinq-protocol" rel="noopener noreferrer nofollow">$GLQ</a> as TVL on its chain. At a $0.082 price, that’s around $14 million. This also indicates that GraphLinq is active in DeFi.&nbsp;<img class="aligncenter wp-image-145375" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvvcxffhfgjhghkg-254x300.jpg" alt="Altcoin gems" width="419" height="495"><h6>Source: <a href="https://x.com/graphlinq_proto/status/1807783932034777236" rel="noopener noreferrer nofollow">X</a></h6>GraphLinq has two main components, the chain, and the protocol. So, let’s look at both of them. For example, the Protocol offers the following features:<ul><li>The IDE or GraphLinq Integrated Development Environment. This has an easy-to-use drag-and-drop interface for creating automation.</li><li>The <a href="https://app.graphlinq.io/app/staking" rel="noopener noreferrer nofollow">GraphLinq App</a>. This offers pre-made automation templates. You can deploy them with only a few clicks.</li><li>The <a href="https://docs.graphlinq.io/dev-tooling/engine" rel="noopener noreferrer nofollow">GraphLinq Engine</a>. This is the Protocol’s core component. It executes automation securely and accurately.</li><li>Their <a href="https://marketplace.graphlinq.io/" rel="noopener noreferrer nofollow">marketplace</a>. Here you buy, sell, and trade your GLQ templates.&nbsp;</li></ul>The GraphLinq Chain supports everything that happens on the Protocol. The $GLQ had a 34% pump over the last few days, see keep your eyes out on this protocol.<h5>4) ClearPool ($CPOOL)</h5>With <a href="https://clearpool.finance/" rel="noopener noreferrer nofollow">Clearpool</a>, we’re in the RWA sector. It’s also the last of today’s altcoin gems. So, that covers the third of the current hot crypto sectors, AI, DePIN, and RWA. It’s a decentralized marketplace on Ethereum and Polygon for credit loans. To date, it has already managed to realize $554 million in loans. It has a TVL of $79 million.It’s expected that RWA can <a href="https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf" rel="noopener noreferrer nofollow">become</a> a $16 trillion market by 2030. BlackRock also <a href="https://www.forbes.com/sites/nataliakarayaneva/2024/06/11/first-web3-integrations-with-blackrock-and-the-rwa-trend/" rel="noopener noreferrer nofollow">entered</a> the RWA market. That’s one of the biggest asset management companies in the world. So, yeah, RWA does indeed seem to have wind in its sails.<img class="aligncenter wp-image-145378" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvvfdfddsds-281x300.jpg" alt="Altcoin gems" width="424" height="452"><h6>Source: <a href="https://x.com/ClearpoolFin/status/1808127764589076762" rel="noopener noreferrer nofollow">X</a></h6>Clearpool targets institutional money. Its marketplace offers institutions uncollateralized liquidity. It also offers dynamic risk-adjusted interest rates without lockup periods. Furthermore, you can stake your $CPOOL tokens and use their bridge.So, Clearpool is knee-deep in DeFi. To be precise, institutional-grade DeFi services. To use their services, you need to complete a <a href="https://www.altcoinbuzz.io/?s=KYC" rel="noopener noreferrer nofollow">KYC</a> and AML procedure. In return, you get wholesale borrowing and lending for crypto. Their <a href="https://www.coingecko.com/en/coins/clearpool" rel="noopener noreferrer nofollow">$CPOOL token</a> is up by 555% over the last year.&nbsp;So, which one of these sectors and projects do you prefer? Let me know in the comments.<a href="https://www.patreon.com/altcoinbuzz" rel="noopener noreferrer nofollow"><img class="alignnone size-full wp-image-123700" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" alt="" width="1197" height="148"></a><div class="youtube-embed"><iframe title="These 4 Altcoins Gems Are Highly Undervalued" src="https://www.youtube.com/embed/Oiy82D_uoWM?feature=oembed&amp;enablejsapi=1"></iframe></div><h6>Disclaimer</h6>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/these-altcoin-gems-are-highly-undervalued/" rel="noopener noreferrer nofollow">These Altcoin Gems Are Highly Undervalued</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.

These Altcoin Gems Are Highly Undervalued

Altcoin Buzz

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