Our Top 5 undervalued Cryptocurrencies #3

Previously in this series, with current state of play:

https://steemit.com/introduceyourself/@bitcoinnewsdesk/our-top-5-undervalued-cryptocurrencies-4 (up 10% since posting)

https://steemit.com/introduceyourself/@bitcoinnewsdesk/our-top-5-undervalued-cryptocurrencies-5 (Up 100% since posting)

Big money can be made from cryptocurrency if you can find the right coin. We present our top five coins that we believe are undervalued and could, in the future, hit the big time. Remember, always do your own research and as the crypto market is volatile, never invest more than you could afford to lose. This is not financial advice, it is opinion based on research.

#3 - Monetha (MTH)

Current value: circa $0.14
All time high: $0.41
Market Cap: $30,611,324
Coin Supply: 402,400,000 ETH (217,000,000 circulating supply)
Exchanges: Many, including Liqui and HitBTC, bigger exchanges promised soon

What is it?

Retail transactions cost retailers a lot of money. A typical Visa/Mastercard transaction takes around 15 steps, each taking a little slice of the profits. A transaction fee costs between 2% and 6%. By removing the middlemen, Monetha will cost retailers 1.5% and have one step. This makes it around 5 times cheaper and up to 10 times faster. Monetha has a highly qualified team behind it and a big community. Updates from the team are regularly posted, including weekly youtube videos and a blog. It was one of the top ten performing ICOs of all time, Monetha had no pre-sale and sold out within 10 minutes reaching its hard cap of 95,000 Ether.

Why is the price likely to increase?

Monetha launched with much hype and expectation - however this was never going to be an overnight 10x coin. The team have a two-year roadmap with clear goals to build the product into a global brand. This coin is one for holding long term. The current price is much lower than its all time high. In fact, were it to achieve that high again that would bring around 150% increase in value - so a good short- to mid-term gain is on the cards. However, we see a much higher potential in the long-term. Holders of MTH will be rewarded with 33% of Monetha's profits for simply holding their coins. This incentivises them to hold and use the network.

At current prices this coin could be a future OmiseGo, and if it reaches a tenth of OMG's market cap that would be a 1000% return.

https://steemit.com/monetha/@bitcoinnewsdesk/why-we-like-monetha-mth