Are you looking for the best penny cryptocurrency? The world is getting modernized day by day and every investor is looking for the best solution to invest their valuable assets. But it would not be profitable to invest in all of the cryptocurrencies.
In this regard, you need to find out those cryptocurrencies which will need low investment but ensure maximum return. To resolve such kinds of issues, you have to be familiar with the concept of penny cryptocurrency. In this article, I will provide a comprehensive list of the best 10 penny cryptocurrencies which will be profitable to invest in 2022.
What Is Penny Cryptocurrency?
Penny cryptocurrency refers to a digital currency that will need to be purchased with an investment of less than $1. Moreover, penny cryptocurrency is those cryptocurrencies whose cost is required under a dollar per unit. Thus, the penny cryptocurrency stands for crypto or token that are existed in the crypto market under $1 market price.
Therefore, it can be categorized into four categories. These are plentiful cryptos, newly minted cryptos, fallen cryptos, and stagnant cryptos. All of the penny cryptocurrencies are categorized into these four categories.
For example, those cryptos that have a large number of suppliers is categorized into plentiful cryptos. Also, the cryptos are new to the market and are not widely known, those are categorized into the newly minted cryptos. On the other hand, cryptos are used a lot but due to the changes in the market, the price took a dip, those are included in the fallen cryptos category. Moreover, the cryptos have existed in the market for a long time but the price remains the same for all time, those are categorized into the stagnant cryptos.
Top 5 Cryptocurrency in Keep Watching
|Bitcoin||BTC||$ 665 B|
|Ethereum||ETH||$ 310 B|
|Tether||USDT||$ 77.98 B|
|BNB||BNB||$ 60.07 B|
|USD Coin||USDC||$ 50.56 B|
List of the Best 10 Penny Cryptocurrency in 2022
Though the entire crypto market is totally volatile and unregulated. For that reason, you need to be careful before investing in any crypto. In this regard, you have to find out the best penny cryptocurrency which will be profitable and safe for you to invest your assets. Also, you will get maximum return from your investment at a low investment.
Best Penny Crypto to Buy Right Now
In this section, I will make a list of the best 10 penny cryptocurrencies as well as I will highlight their features and prices of the top 10 in the next section that will be very effective and convenient for you.
- Ripple (XRP)
- Stellar Lumens (XML)
- Basic Attention Token (BAT)
- Dogecoin (DOGE)
- Ravencoin (RVN)
- VeChain (VET)
- Chilli (CHZ)
- Zilliqa (ZIL)
- Reserve Rights (RSR)
Also, there are some popular cryptocurrencies that will be easy to buy, invest in, or exchange such as Telcoin, Dagcoin, and so on. Excited to know how to buy Telcoin? You can easily buy this coin by following some simple steps.
Now, let’s take a look at the following section to know about the top 10 penny cryptocurrencies to invest in 2022
1. Ripple (XRP) – most profitable penny crypto to invest today
Ripple is one of the most profitable penny cryptocurrencies around the crypto world. At the primary stage, this cryptocurrency was known as OpenCoin in 2012. It is basically a payment protocol that can provide a real-time gross settlement system. Also, Ripple can allow the users to create a currency exchange and remittance network.
Moreover, Linux (RHEL, CentOS, Ubuntu), Windows, macOS (development only) has been used in this cryptocurrency. Most significantly, the Ripple is written in the C++ programming language.
- Provides decentralized infrastructure
- Allows modernized messaging
- Ensures liquidity solution
- 100% transparent system, and so on.
2. Stellar Lumens (XML)
Another significant penny cryptocurrency is Stellar Lumens. This one is the best penny cryptocurrency in 2022. With this crypto, around $531 million in trading activities is conducted. Also, it has been considered the top 13 cryptocurrencies in the crypto world. This cryptocurrency allows users to transfer their digital currency to fiat currency at a low cost. Therefore, the Stellar crypto allows the users cross-border transactions.
- Decentralized database
- Open-source platform
- Quick transaction confirmation
- Allows thousands of transactions per second.
3. Cardano – Most flexible penny cryptocurrency to buy now
Looking for the fastest and most flexible penny cryptocurrency? Cardano will be one of the best solutions in this regard. It is mainly a public Blockchain platform. Because of its effectiveness and popularity, it has gained the highest rank in the global crypto world.
The most remarkable advantage of this crypto is that it has low transaction fees and smart contracts. Moreover, this crypto provides the opportunity to conduct peer-to-peer transactions. Also, it has five individual stages: Foundation, Decentralization, Smart contracts, Scaling, and Governance. So, it is one of the flexible, sustainable, and scalable blockchain platforms.
- Open-source system
- Decentralized network
- Allows cross-platform
- Fastest transactions
- Effective monitoring and tracking
4. Basic Attention Token (BAT)
BAT coin is another exclusive penny cryptocurrency in the crypto world and it is ranked in 34th position in the crypto market. Most significantly, the BAT coin can be able to track media consumers’ time and attention by using the Brave web browser. Thus, the user can be benefited if they use the Brave browser.
Moreover, it can distribute the advertising money between the advertisers, publishers, and readers. It will be a good investment for the investors because of the effectiveness of this token. Also, the investors will get a good amount of return after a certain time. So, you can easily earn BAT tokens through browsing the Brave browser.
- Supports in Brave browser
- Open-source platform
- Secured system
- Allows block trackers and invasive cookies
- DeFi accessible tokens
5. Dogecoin (DOGE)
Dogecoin is one of the well-known cryptocurrencies in the crypto world. It has been developed by using the concept of Litecoin. Moreover, Dogecoin was created for fun and it can be used to make a payment system. though it does not have any real-world utility, its popularity is increasing day by day.
Therefore, the working functionalities of Dogecoin are as similar as Bitcoin, and other cryptocurrencies. Also, you can easily earn this popular crypto through the mining process which is consumed less power. So, this cryptocurrency allows the users to buy, sell, exchange, or invest through any cryptocurrency investment software in a decentralized secured Blockchain network.
- Open source cryptocurrency
- Allows peer-to-peer transaction
- Scrypt algorithm
- Ensures unlimited supply
- Decentralized network
6. Ravencoin (RVN)
Ravencoin is one of the latest cryptocurrencies in the present crypto market. It has gained huge popularity by ensuring the superlative combination of technical price and set of principles. Moreover, this cryptocurrency is listed in the top 50 cryptocurrencies, for that reason, this cryptocurrency has easily gained trustworthiness to the traders and investors.
Most significantly, this cryptocurrency can be able to effectively handle coin creation and transfer assets from one party to another. The most significant advantage of this cryptocurrency is that it can be able to mine through the most regular hardware. So, it can assist to provide some protocol that will ensure the safety and security of the user’s assets.
- Provides ASIC resistant
- Fair launching system
- Community driven system
- Open-source system
- Total coin supply 21 Billion
7. VeChain (VET)
This exclusive penny cryptocurrency will be the best for IoT, supply chain, and logistic investments. By using the concept of IoT, it can be able to track the users and ensure proof of authentication. Thus, it helps to boost your business efficiently by deploying a decentralized network. This platform provides two individual tokens such as VeChain Token (VET) and VeChainThor Energy (VTHO).
Moreover, this cryptocurrency allows the users to get a full view of an organization. Most significantly, it will be a good investment in 2022. So, it can be able to enhance supply management. Also, you can enhance your business process through this cryptocurrency.
- Integrated with distributed ledger technology (DLT)
- Allows supply chain tracking
- Provides VIP180 tokens
- Integrated with smart contract
Some Exclusive Penny Crypto Coins Under ERC20 Tokens
Also, there are several coins are enlisted under the ERC20 token in the Ethereum network such as:
- Tether USD (USDT)
- HEX (HEX)
- USD Coin (USDC)
- Binance USD (BUSD)
- SHIBA INU (SHIB)
- Crypto.com Coin (CRO)
- TRON (TRX)
- Frax (FRAX)
- Graph Token (GRT)
- HarmonyOne (ONE)
- BitTorrent (BTT), and so on.
These crypto coins are considered penny cryptocurrencies as well because the market value or price of these crypto coins is under $1. In this regard, you need to buy an ERC20 token or you have to integrate the ERC20 payment gateway with your business.
Curious to know about how to buy ERC20 tokens? If you buy the ERC20 tokens, you can deal with these exclusive penny cryptocurrencies. Also, you will get all of the facilities through buying the ERC20 tokens and can deal with the Ethereum Blockchain network.
According to the above list, you can easily pick any penny cryptocurrency. You can easily understand a comprehensive list, price, and features of the best 10 penny cryptocurrency. So, you can easily and effectively choose any penny cryptocurrency to invest in 2022 for getting a maximum return at a low investment.