Top 3 Undervalued Gems on BNB Chain To Watch Out For in 2024

The crypto market has started looking up. If you are still going long for only Bitcoin, Ethereum, and a few blue chips, you are missing out on some great profit-making opportunities

With over 20,000 tokens, the crypto market is a cove of hidden gems with mind-blowing use cases and fundamentals. Here are the top 3 picks for undervalued gems on the BNB chain for you to explore before the whales do

DexCheck (DCK)

DexCheck is an AI-enabled analytics platform providing intelligence tools and data-driven trading solutions for cryptocurrencies and NFTs

Over 500 visitors visit DexCheck daily, and continues to gain traction. Over 1200 new wallets add DCK to their portfolio every month. In November, DexCheck saw two significant milestones

Sniper bot, a Telegram bot for quick and profitable one-click purchases, was successfully launched in early November. The second is the DexCheck IPSO (Initial Private Sale Offering). IPSO will also act as an incubator for high-potential crypto projects

With a fully dedicated team and community-led growth, the token has the potential to climb up by 5x from its current price. Given the increasing demand for Telegram bots and AI-driven solutions, it is well-positioned. Price Prediction posits a 15x growth for the token in 2030

At a market cap of $3 million, DCK is highly undervalued. The technicals show the token is recovering and is ripe for a sharp rally

Stader (SD)

Stader is a multi-chain liquid staking platform for Polygon, Hedera, BNB, Ethereum, and others. Stader raised $12.5m in funding from 3AC and other investors. It has a TVL of $51.8 million on Polygon, $10.5 million on BNB Chain, $34.38 million on Hedera, and $9.2 million on Fantom as of March 6

It has a user base of 70,000 stakers with over $138 million worth of staked crypto. Stader issues liquid tokens instead of staked tokens, which can be used to explore DeFi possibilities across chains

Stader is also slowly moving towards institutional adoption and holds great potential for an upside

Thena (THE)

It’s a new DEX built on top of the BNB Chain. The DEX has a current TVL of $32 million and an average daily trading volume of $19 million. Thena is a black horse among the DEXes, given its list of innovative features

It offers smart routing, deep liquidity, and Automated Market Makers (AMM) for low slippage and high returns. There are no deposit or withdrawal fees. Users can stake their assets and earn instant passive income. No VCs are backing Thena. It is community-driven and governed by a vote escrow via its ERC-721 standard token veTHE.

There’s just one qualm – little information is available on the team and the founders. The token has begun its uptrend recently and is still 85% below its ATH. Being a low-cap token, Thena is undervalued and has growth potential

Token Underlying Use case Token Price Market Cap RSI Potential Upside (2030)
DexCheck AI-driven Analytics Platform DCK 0.02 $3.9M 49 15x
Stader Liquid Staking Platform SD $0.72 $23M 53 12x
Thena DEX THE 0.14 $3.67M 52 11x

Which One Would You Invest In?

Bitcoin halving is near. The market has sustained its gains, and investor momentum is building. Thena has partially recovered its bear market losses, while Stader looks forward to exploring more markets for liquid staking

DexCheck, particularly, ticks the AI narrative, smart trading tools, and analytics. It has gained a wider user base after its IPO and successful launches. Which one fulfills the criteria for your next investment?

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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