Litecoin (LTC), Polygon (MATIC), And ETFSwap (ETFS) Are The Most Undervalued Coins To Buy In 2024

ETFswap (ETFS) is selected as investors’ best bet to become crypto millionaires in 2024, alongside Polygon (MATIC), and Litecoin (LTC).

However, while Litecoin (LTC) Daily Active Addresses increased by almost double what it was in May, it is yet to affect the token price, which currently sits at about $74, straying from its all-time high by over 81% according to data from Coingecko.

Do you own cryptocurrencies? If yes, you will agree that most investors are in it for the gain and are constantly looking for assets to help them grow their portfolios significantly. That is why this article focuses on three undervalued crypto gems, Polygon (MATIC), Litecoin (LTC), and ETFswap (ETFS), which investors do well to bag now as they hold the potential to make the next crypto millionaires in 2024. Let's discuss how

ETFSwap (ETFS) Crypto ETF Trading Platform: A Diamond In The Rough

ETFswap (ETFS) is a next-level crypto ETF trading platform that merges blockchain technology with exchange-traded funds (ETFs) to create tokenized ETFs that can be directly traded on the blockchain.

ETFswap (ETFS) achieved this feat because it works closely with MiCa-regulated investment banks to handle trading securities and crypto assets. Therefore, the tokenized ETFs will directly represent traditional ETFs 1:1 on the blockchain, enabling users to track the progress of these assets to make well-informed decisions before trading.

Also, tokenized ETFs will be convertible to cryptocurrencies and fiats, compared to traditional ETFs, which can only be converted to fiats. However, to gain access to all these features, users will need to hold the platform's native token, ETFS, which will unlock access to functionalities on the network, including trading tokenized ETFs. 

ETFswap (ETFS) currently offers the token at a low price of $0.01831 per coin, and all who buy now can make an automatic yield on their investments when its price increases to $0.03846. But aside from granting access to trade tokenized ETFs and providing an automatic yield, ETFS will also allow all token holders to actively participate in influencing the decisions made on the network through voting, making it one of a kind. 

Litecoin (LTC) Emerges Most Used Crypto In 2024

Litecoin (LTC), often referred to as the silver to Bitcoin (BTC), has experienced a massive surge in Daily Active Addresses, according to data from blockchain analytics firm Santiment. In this instance, Daily Active Addresses is an on-chain metric that measures network traffic, considering both receivers and senders.  

An analysis of Litecoin (LTC) Daily Active Addresses shows that it jumped from an average value of 345,000 in May to a current value of 704,000, surpassing the market's top assets, including Bitcoin (BTC) and Ethereum (ETH). 

Polygon (MATIC) Prepares For Rally 

Polygon (MATIC), a layer two scaling solution on the Ethereum (ETH) network, is preparing to rally by 10%, according to experts' analysis of recent on-chain data. According to the experts, a capitulation event on Polygon (MATIC) from June 12-18, 2024, caused some whales to enter accumulation mode. 

Currently, all indicators point to the $0.0509 level as a crucial level, which, if MATIC manages to hold, will result in a 10% rally to $0.628. Also, if MATIC extends further past the $0.652 resistance level, it could rally 17% to $0.738. An accumulation of Polygon (MATIC) by whales is a factor that could further strengthen the bullish thesis.

 However, if Polygon (MATIC) strays below $0.0509, the bullish momentum could be reversed, and the price could crash by 18% to $0.418. Currently, Polygon (MATIC) trades at $0.57 and ranks 23rd in the crypto market, according to Coingecko

Conclusion

ETFswap (ETFS), Litecoin (LTC), and Polygon (MATIC) all show promising potential. But with Litecoin (LTC) still straying from its ATH despite increased investor interest and the potential for Polygon (MATIC) to reverse its bullish thesis, ETFswap (ETFS) proves to be the best bet. Experts speculate that the ETFS will increase to $3 after launch and listing. 

ETFswap (ETFS) is preparing for a beta platform launch in less than 30 days, suggesting the main platform launch is close. So take advantage of this undervalued asset: Buy ETFswap (ETFS) today! 

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