3 Top Cryptocurrencies Down 67% or More Worth Buying Right Now
Chainlink (LINK), Bittensor (TAO), and Arbitrum (ARB) are highlighted as cryptocurrencies with significant drawdowns but potential for recovery. Chainlink's data feeds cover $38.2B in value, with strong buyback activity. Bittensor is advancing AI model training, while Arbitrum benefits from a revenue-sharing deal with Robinhood. As of Sept. 18, TAO is 67% below its 2024 high, ARB is 91% below its 2024 peak, and LINK is 77% lower than its 2021 peak.
How this was made
The 30-second read
Why it matters
Provides qualitative assessment of each token's recent activity but lacks new primary data.
Market read
The piece offers a thematic view of undervalued crypto assets, useful for niche crypto‑focused traders.
What to watch
Regulatory risk and macro‑economic pressure on crypto valuations are not addressed.
Background
The article is a recommendation piece listing three heavily discounted cryptocurrencies and their recent developments.
Ticker impact
Chainlink token is highlighted for buybacks and growing data feed value, suggesting potential upside.
Modest upside over next weeks if buybacks continue.
Fee revenue up 4% YoY and 61% market share, but token down 52% YTD.
Bittensor token is discussed for AI training milestones and upcoming 110‑billion‑parameter run.
Potential rally if large‑scale AI training succeeds.
Milestone is planned, not yet realized; market reaction uncertain.
Market effects
Highlights growing interest in crypto infrastructure and AI‑related blockchain projects.
Primarily affects global crypto markets; no specific regional bias.
Moderate relevance for investors tracking crypto sector performance.
Counterpoint
Buybacks and fee revenue may not translate to price gains if broader crypto sentiment stays bearish.
Key entities
- cryptocurrencyChainlink
Data oracle token (LINK-USD).
- cryptocurrencyBittensor
AI training marketplace token (TAO-USD).
- cryptocurrencyArbitrum
Layer‑2 scaling solution token (ARB-USD).
