Best Crypto Under a Penny to Buy Now
Cryptocurrencies are all the rage nowadays, mostly with speculative investors. What was a fringe investment some years back is currently front and centre in the financial media. Even top financial networks in the world talk about different and best cryptocurrencies each day, and they keep a ticker up on their screens showing the latest prices.
Put all these things together, and now even average investors are well aware of the cryptocurrency movement. But many are still unaware that there are different cryptos less than a penny. There are lots of options available out there that you can invest in altcoins under 1 cent if you are on a budget.
Penny cryptocurrencies valued under a dollar and these cryptos attract a lot of investors because they can accumulate a massive amount of coins.
We bet on these TOP 5 cryptos under a penny that have the biggest potential to explode in the next couple years – Shiba Inu, Ufo Gaming, Reef, BitTorrent and Electroneum.
We predict that these penny cryptos have huge potential in the metaverse – UFO Gaming, TCGCoin 2.0, Verasity, and Phantasma.
New altcoins you can buy on exchanges – Binance, Gemini, Bittrex etc.
x1000 returns in the crypto world happen, so people search which crypto will be next, but it’s impossible to predict, we hope that it will be the cryptocurrencies which we mention in this article.
Just keep in mind that each crypto under $1 product is unique, and therefore you should consult a professional advisor before investing in best cryptocurrencies under a penny. Here we reviewed penny tokens and recommend TOP 5 best crypto under a penny to buy now:
Best Crypto Under a Penny to Buy Now: TOP 1 – Shiba Inu (SHIB)
Shiba Inu is a meme cryptocurrency designed and created to riff on DOGE (read this – dogecoin sports betting). Despite its impressive beginnings, Shiba Inu currently has a market cap of approximately £11.9 billion. Shiba Inu is only one of the dog-themed cryptocurrencies currently available out there, but it is the most popular and we think it’s best crypto under a penny to buy now.
Its main appeal as a cryptocurrency is to invest in roots from the fact that it is a meme coin that the growing community supports. The growing community creates a non-fungible token network around Shiba Inu coin. Also called Shiboshis, the NFTs have traits that blend smoothly with those of the upcoming Shiboshi Game. This is according to the main website of Shiboshi.
Gamers who own Shiboshi can use it in the gameplay. And that means that Shiba Inu could easily join the ranks of top game coins such as Decentraland, which could expand its appeal massively, possibly increasing its growth.
Best Crypto Under 1 Cent: TOP 2 – Ufo Gaming (UFO)
In today’s cryptocurrency world, metaverse-themed projects are becoming more and more popular. A metaverse is a 3-dimensional online realm that has the ability to incorporate many spaces virtually. It is like a futuristic type of the internet. Currently, a metaverse gaming site that is gaining the most attention is Ufo Gaming.
Recently, the CoinSpot included Ufo Gaming to the main platform. The new edition provides users with the opportunity to exchange, trade and buy a massive array of cryptocurrencies. Ufo Gaming offers a community-oriented ecosystem that features smart contracts that are safe, secure and hacken-audited.
The Ufo penny token crypto is 100% owned by the community and users of this token need to stake ETH LP or UFO in The Cosmos in order to play the first game in the ecosystem, popularly known as Super Galactic. Ufo Gaming is another top cryptocurrency under a penny that you can also consider as an investor.
TOP 3 Cryptocurrency Under a Penny – Reef (REEF)
Reef is the best penny cryptocurrency option for long-term investors and holders. It is a uniting factor for blockchains to solve different difficulties, such as DeFi users moving to multiple platforms in order to complete their orders as a result of low liquidity. While on the Reef platform, users can be able to stake, purchase, farm and control all of their digital assets seamlessly.
The Reef project started in 2019 and was established on the Polkadot blockchain platform in September 2020. Also, it launched on Binance Launchpool the same year, making it accessible on the Binance Smart Chain. Users of Reef can be able to access any DeFi service provided on other platforms supported, without the need to open multiple accounts of each of them.
For example, users can gain access to decentralised exchanges as well as their services via smart contracts. Cryptocurrency platforms and traders willing to provide their users with access to huge liquidity can take advantage of this platform to fulfil their needs and requirements.
This makes it a perfect penny stock provided its use cases, including its interoperability with DeFi on both Ethereum and Polkadot blockchains. Reef leverages the Relay Chain tech of Polkadot to provide cross-blockchain interoperability (read this – blockchain in sports betting).
TOP 4 Penny Crypto to Buy Now – BitTorrent (BTT)
BitTorrent is a famous communication protocol for decentralised P2P file-sharing that was invented in 2001. Currently, it is owned by the BitTorrent INC, an IT company that is based in San Francisco. This company puts out numerous impressive claims on its official page.
It claims that its uTorrent and BitTorrent customers move approximately 40% of the internet traffic of the world each day via the BitTorrent protocol.
While this percentage seems relatively small, BitTorrent is a popular and one of the best low cost cryptocurrency that you will find under crypto penny category. Each month, it boasts more than a million active users. Due to this, the recent TRON claim that the uTorrent/BitTorrent ecosystem represents the biggest decentralised application in the world.
BitTorrent offers some amazing services, including the Torrenting one. The Torrenting service allows for P2P file-sharing where users can be able to connect to others through the internet and get files from each other.
A torrent file is simply like an index featuring information about a given file and addresses of a massive list of computers from across the world, which contain the files on their respective hard drives. Only clients such as Utorrent and BitTorrent can open the file.
The BitTorrent network was created to reduce the pressure on hosting computer servers that struggled to service the internet’s ever-expanding need for information access. Torrenting protocols and systems were envisioned as the best pay to allow for the distribution of massive digital files like audio files, video games and video clips, among others, through the internet.
TOP 5 Penny Cryptocurrency – Electroneum (ETN)
Electroneum is a digital crypto product that has attracted many potential customers since its establishment. First introduced in the United States, it quickly wrote its name in the British crypto market book and others.
While many other products got their stance bit by bit, the use of ETN spread faster. It is one of the most useful and best altcoins under a penny that you can find.
ETN is the Electroneum blockchain native coin. A group of professional developers from the UK created the Electroneum blockchain, whose main function is to allow for cheap and fast transfers of funds across international borders. ETN is mobile-fast, and that means the developers designed and created it to work excellently with different types of smartphones.