Undervalued Altcoins: Monero, Kaspa, and Cosmos Poised for Catch-Up Rallies
Several altcoins have underperformed compared to major cryptocurrencies, but this gap could create opportunities for patient investors. Among them are Monero (XMR), Kaspa (KAS), and Cosmos (ATOM). These tokens have strong fundamentals despite recent price weakness.
XMR has gained only 3.7% during the past week, while Zcash climbed more than 75% during the same period. However, Monero remains up roughly 20% over the past month, indicating that recent weakness reflects short-term rotation rather than lasting deterioration.
Kaspa offers another potential recovery play after suffering a prolonged decline, with KAS trading near $0.029 and a market cap around $807 million. The token remains more than 80% below its previous peak near $0.20. Upcoming supply dynamics could improve the investment case, as around 95% of Kaspa's total supply has already been mined.
Cosmos presents the riskiest option among the three, with ATOM trading near $1.60 after falling roughly 96% from its all-time high. The token gained 8.1% over the past week, but such underperformance makes ATOM a clear contrarian bet.