Some of the most successful cryptocurrencies began as penny cryptocurrencies. When Bitcoin reached its current peak 10 years later, its value had grown by a massive 6 million percent from $1 in early 2011. ETH, the second most valuable cryptocurrency, has shown similar gains, from $0.3 in 2015 to $4891 at its peak in late 2021, a gain of over 1.6 million percent.
There are many cases like these. The crypto-verse is littered with cases of penny cryptos that eventually explode, increasing their value and investors’ profiles at unimaginable rates.
This guide aims to help you decide which penny cryptocurrency is best for you to buy in 2022.
Investing in cryptocurrency in the US is fairly straightforward these days.
Choosing the right token and choosing the right platform to access your chosen digital assets can be challenging.
Firstly, let’s look at the best penny cryptos you can invest in. Then we’ll discuss how and where you can invest.
IMPT – Overall Best New Penny Cryptocurrency to Buy
A new penny crypto presale project, IMPT raised more than $150,000 in its first 24 hours and promises to offer real-world solutions to climate change.
One of the most eco-friendly crypto projects, IMPT aims to use blockchain technology to help individuals and businesses ease climate change. Unfortunately, most new crypto projects die out after a few weeks when they fail to offer a real reason for existing.
More than 10,000 businesses and retail brands – some globally recognizable – have already agreed to partner with the project, through which users can buy or acquire carbon credits.
Carbon credits can be used to support several pre-approved and vetted environmental projects but will also be valuable on their own and can be sold. Credits can also be retired, resulting in unique NFTs for those who retire.
Furthermore, IMPT is ready to develop a global score that will allow users to track how their activities impact the environment and encourage them to do more.
It is built on Ethereum – one of the most environmentally friendly blockchains since the Merge. Currently, in the presale phase, the project has a team with years of senior telecom and commerce experience.
With 600 million tokens for sale at $0.018 each, the presale raised more than $150,000 on its first day; investors will receive $5555 for every $100 invested.
Phase 1 of the presale will end on November 25, with Phase 2 and Phase 3 to release another 1.2 billion tokens and the price going from $0.023 to $0.028.
In 2022, IMPT is likely to become one of the top new ICOs because of its low entry point and real-world use case. Get the latest news and information by reading the IMPT whitepaper and joining the Telegram group.
D2T- Brand-New Crypto Token With Huge Potential Profits in 2022
D2T takes second place on our list of crypto tokens in 2022. The cryptocurrency is currently in the presale stage of its launch and won’t be a ‘penny crypto’ for much longer!
D2T is the native crypto token of Dash2Trade- an innovative social trading and analytics platform that aims to help users improve their trading strategy and make smarter decisions. The project is unique in the fact that it offers many features that aren’t available on regular crypto trading platforms such as automated trading, listing alerts, on-chain analytics and more.
The D2T token will power the entire Dash2Trade platform- it will be used by subscribers to access the platform, take part in competitions and unlock advanced trading features. The token has a capped supply of just 1 billion, so it is expected to surge considerably when the project has launched.
According to the project roadmap, the D2T presale event will end by 2023. The project itself will go live in Q1 2023 and will be complete by Q4 of the same year. Investing now is a good way to take advantage of the coin before prices rise!
Perhaps the most appealing feature of D2T is that it is completely tax free! The team behind the project want to provide as much value as possible to users of the platform so won’t be charging any tax on investments.
Tamadoge (TAMA) – Top Penny Cryptocurrency that has Pumped since Listing
Another great penny crypto to invest in is Tamadoge, which has risen by more than 200% since its listing price and 900% since its presale price.
With its current price of $0.074, TAMA trails only Dogecoin and Shiba Inu among meme coins, and its price is predicted to continue to rise in the coming weeks.
Finding the best crypto presales can greatly maximize profits when investing in crypto under a penny.
With a general bear market, TAMA raised $19 million in less than eight weeks. Known as Tamadoge Army, this penny cryptocurrency already has a strong community of followers on Twitter alone, with more than 70,000 followers, making it a great investment opportunity.
Gamers can mint and breed Tamadoge pets in the Tamaverse, including NFT ownership and play-to-earn gaming.
Each month, players can train and battle their Tamadoge NFTs to try and rise to the top. In addition, Tamadoge’s roadmap includes augmented reality activities in P2E games.
With the Tamadoge AR app scheduled for release in Q4 2023, players will have various opportunities to earn digital tokens. Besides interacting with their Tamaverse buddies, pet NFTs will also be able to hunt for TAMA tokens
When TAMA was listed on OKX, BitMart, and Uniswap, the coin generated tremendous interest, pumping to $0.089 in the days following its IEO. On October 5, the coin will be listed on LBank (11 am UTC) and MEXC (1 pm UTC). Binance is also on the list.
As the NFT collection drops soon, TAMA’s price is expected to rise again.
Battle Infinity – Blockchain Gaming Platform With Metaverse
Using NFT-based protocols and blockchain technology, Battle Infinity might be the next penny cryptocurrency to explode in 2022.
The Battle project offers users six unique play-to-earn games (P2E) through its metaverse – Battle Arena. Users can participate in, for example, the IBAT Premier League, the world’s first NFT-based sports fantasy league. Other P2E games like IBAT Battle Arena allow players to attend concerts, events, and more in the metaverse.
This is made possible thanks to IBAT, Battle Infinity’s native token. The iBat protocol runs on the Binance Smart Chain (BSC), which is used as an in-game currency on Binance. Battle Infinity also provides a global liquidity pool that facilitates swapping between IBAT and other crypto-currencies to increase liquidity.
Many users can derive NFT passes from the liquidity pools and use them on the various P2E platforms. Another benefit of IBAT is Battle Stake, a crypto-staking platform where users can earn an Annual Percentage Yield (APY).
Like Polygon (MATIC), Battle Infinity is another crypto project built by Indian software engineers and developers.
The IBAT token presale began on July 11th at $0.0015 per token. Using a BNB/USD pair, the token can be purchased at a fixed exchange rate of $250 per BNB token. Join the Battle Infinity Telegram group for the latest updates to see if this token will become the next penny cryptocurrency to boom.
Lucky Block (LBLOCK) – Penny Cryptocurrency for Lotteries
Lucky Block is the next best penny cryptocurrency investment that we recommend for 2022. The lottery games can be played on mobile apps or desktop software interfaces anywhere in the world with lucrative jackpot prizes.
By using Lucky Block, you will be able to participate in the lottery with cryptocurrencies. Due to this, no centralized authority is responsible for collecting ticket proceeds or determining draw results.
Using blockchain technology and smart contracts, the project aims to make playing the lottery transparent, quick, and modern for internet users everywhere.
The lottery game is not subject to any jurisdictional restrictions. As a result, conventional lotteries are usually not as generous as lotteries like Lucky Block, which have huge jackpot prizes.
As a result of Lucky Block’s high growth potential, many cryptocurrency enthusiasts view it as a promising investment opportunity. Furthermore, because it is a new cryptocurrency, its price is likely to increase violently since it is currently in an expansion phase, making the odds of it doing so high.
A Lucky Block investment can be made by purchasing LBLOCK, the native crypto token. Since Bitcoin’s market correction caused a long correction in Lucky Block’s price, it has stabilized at $0.0009818.
In the wake of the global crypto market correction, Coinmarketcap reports that the company’s market capitalization has dropped to $40 million. As a result, LBLOCK is a great investment right now.
DeFi Coin – Best Community-Driven Penny Crypto to Buy and Hold
One of the top penny cryptocurrencies is DeFi Coin, which is entirely community-driven. Founded in July 2021, this penny crypto aims to promote the decentralized finance (DeFi) ecosystem. As a result, DeFi Coin is being listed on more platforms.
There will be a limit of one hundred million DeFi Coin tokens available. In addition, DeFi Coin uses reflections, manual burns, and LP acquisitions. Several of these features are designed to keep the DeFi Coin ecosystem alive.
This token powers the DeFiCoins.io website. Using the Binance Smart Chain, DeFi Coin can take advantage of the blockchain’s fast transaction speeds and low gas prices.
The DeFi Coin will also allow users to swap collectibles and exchange NFTs. In addition, DeFi Coin users are incentivized to hold onto their coins as long as possible by paying a 10% transaction fee to the network.
By doing so, volatile price swings will be reduced. In addition, DeFi Coin holders receive half of the transaction fee, and the remaining 5% is reserved for decentralized exchange services.
DeFi Coin tokens have several advantages, including collecting dividends through a fixed reward structure. In addition, you can continuously increase the number of DeFi Coin tokens you own if you invest in this cryptocurrency. For more information on the best DeFi coins.
Dogecoin is considered the king of meme coins. Bitcoin forked into Litecoin. Shiba Inu originates from the Japanese dog breed of the same name. Similarly to Bitcoin, the coins are mined using a proof-of-work algorithm.
One of Dogecoin’s improvements over Bitcoin is that the confirmation time has been shortened to one minute. Apart from its popularity as a tipping coin, it is also used as a payment token on several platforms. Initially, it was a free-tipping coin that grew in popularity before entering the mainstream.
The coin has become one of the most popular penny tokens and cryptos today due to its growing community, acceptance as a payment token by companies like Tesla, and the possibility of expanding use cases.
With the support of influential personalities and companies in 2021, the coin gained much attention, and we expect this trend to continue in 2022.
Safemoon Inu – Cryptocurrency for gaming – Defi Penny
Shiba Inu’s natural successor, SafeMoon, was developed hastily in anticipation of its peak. Since April 2021, the stock has gained over 20000%.
Despite dips during the crash, SafeMoon recovered from the market crash in the last quarter. However, after recovering in 2022, SafeMoon prices fell 96% from their peak.
SafeMoon’s community has grown as it prepares for its next price rally. SafeMoon’s CEO, John Karony, has launched aggressive Twitter and Reddit marketing campaigns. During the dip, SafeMoon engaged its holders with multiple crypto technologies. SafeMoon V2 protocol and wallet have been released.
Why is it one of the top penny cryptocurrencies in India? First, it still attracts massive investors due to its resilience and vibrant crypto communities.
Yearn.finance – Penny Cryptocurrency with a Brilliant Future
Yearn.Finance (YFI) isn’t necessarily considered a top penny cryptocurrency. However, while its meteoric rise from a value of $3 is impressive, it also makes this list because of its easy entry and the potential for investors to earn good fortune if it rallies.
A pioneer of DeFi, it serves as an automated marketplace for crypto-bearing products, helping investors determine which pool has the highest yields for a trading pair and compare it with other protocols’ interest rates.
The founder of Yearn.Finance and perhaps the most selfless person in crypto, Andre Cronje, ensured that tokens generated were distributed equally among deserving holders.
Yearn.finance’s market appeal remains strong despite trading at a distant low from its all-time high.
Shiba Inu (SHIB) – The Best Penny Crypto for Quick Gains in Value
One of the most popular joke coins is Shiba Inu, the second most valuable meme currency. Due to its massive gains, it makes our list of best penny cryptocurrencies to buy in 2022. For example, SHIB gained more than 5 million percent during the early 2021 crypto market rally.
This stock has been featured because we believe its prices will continue to rally, making its investors very wealthy. We believe the recovering crypto market and revived meme currency hype will make this possible. In addition, Shiba Inu developers plan to launch a NFT marketplace and token launchpad to expand the Shiba Inu ecosystem.
A tremendous increase in SHIB burn rate has also been achieved, and different e-commerce stores will now accept SHIB payments. As a result, by the next market rally – likely in 2025 – we expect SHIB tokens to rally by as much as 10000%.
Ripple (XRP) – Penny Cryptocurrency to Buy at a Discount
A number of analysts hailed the launch of Ripple in 2012 as the ultimate Bitcoin killer. Everyone recognized its importance to the future of crypto. That led to XRP being listed on all the major crypto exchanges and investor interest in XRP growing, as evidenced by the growing number of altcoin wallets.
Before taking on Bitcoin, Ripple focused on SWIFT, the international payment system. It achieved significant success against this platform and onboarded dozens of international banks early.
As far as the altcoin was concerned, everything was going well. According to most analysts, it could have avoided being labeled a penny coin during successive market rallies in 2021. Then, however, the SEC filed a case against Ripple Labs and its management team, alleging that they sold illegal securities to US residents. Ripple token prices plummeted as a result.
However, investor interest in the altcoin has not died, and it remains one of the top 10 crypto assets. Additionally, wallets holding XRP tokens have increased, and more brands are adopting Ripple. Accordingly, only the SEC case is keeping Ripple from blowing up.
Most analysts believe Ripple has a chance of winning this case after a series of small wins against the SEC in court. Its value would reach unprecedented heights with such a victory.
For example, some expect XRP prices to rise above $20 by the decade’s end (higher if it wins the SEC case). The altcoin is currently trading at a discount of 6000%+, further confirming its status as one of the top penny cryptocurrencies in 2022.
Tron (TRX) – The best Penny Cryptocurrency that will Explode in2022
Tron is a popular Ethereum competitor. Developed by Justin Sun, the all-popular crypto crusader, Tron was designed to fix the many problems facing smart contract platforms. However, unlike Ethereum killer, Tron took a different approach. The company created an entertainment-focused independent blockchain instead of trying to replicate the entire Ethereum ecosystem.
Tron provides a platform where content creators can regain control of their craft, similar to Chiliz. It allows them to eliminate intermediaries who dominate distribution and revenue collection. Instead, they can share their craft and content directly with their fans and followers through the decentralized network and receive a commission.
This decentralized network also integrates multiple emerging crypto technologies. Among these are NFTs, Web3, dApps, and DeFi. As a result, we consider TRX the best penny crypto to buy today because it continues to receive a warm welcome from the crowd-pulling content creation community.
Some of this support has come from Justin Sun and celebrities such as Ne-Yo, Lil Yatchy, and Amanda Cerny. Others, such as Lindsey Lohan, have sold NFT tokens on Tron. The Tron blockchain is expected to be used by more celebrities moving forward.
TRX tokens are expected to gain value due to these factors, along with a recovering crypto market and increased adoption of blockchain technology. TRX, for instance, is expected to have rallied by more than 5000% by the decade’s end. As a result, Tron is included in our list of top penny cryptocurrencies to buy in 2022.
Early investors can purchase IMPT through the presale event, as with many new cryptocurrencies. Crypto projects commonly use presales to raise awareness and funds, which can then be used to expand the project.
Buying tokens through presales is quick and easy, even though they differ from buying through a crypto exchange. Moreover, by accepting both ETH and USDT currency for the presale, IMPT streamlines the process even further.
In less than ten minutes, investors can purchase IMPT tokens by following these four simple steps.
Step 1: Launch Impt.io
The best way to access the presale safely is to go directly through the Impt.io website. You will find the presale on the first page that loads- alternatively you can click ‘how to buy’ in the navigation menu.
Step 2: Navigate to the presale page
You can proceed with your purchase by navigating the presale page and following all the steps.
Step 3: Connect Wallet
Click the ‘Connect Wallet’ button on IMPT’s homepage. Next, choose MetaMask or WalletConnect, depending on which crypto wallet is used. Finally, IMPT’s presale platform can be paired with the wallet by following the on-screen instructions.
Step 4: Purchase IMPT with card, ETH or USDT
The only thing left is completing the investment once the crypto wallet has been connected. With IMPT, investors can choose whether to purchase the tokens in ETH or USDT, along with the number of tokens (minimum 10).
After everything has been double-checked, all that’s left to do is confirm the transaction. Then, following the presale phase and the release of the contract address, investors will be able to claim their tokens.
Step 5: Wait for presale end to claim tokens
The presale ends on November 25. Watch out for all the exciting news this eco-crypto project releases.
Penny cryptocurrencies typically trade for less than a penny but can increase and trade for less than a dollar. Cryptocurrencies that sell for less than $5 are also commonly called penny cryptos. In addition, some investors consider penny cryptos anything that does not fall within the top 100, 500, or 1,000 cryptocurrencies.
NFT games are reported to sell penny cryptos in a metaverse crypto environment. You can earn cryptocurrency through NFT gaming, but they are not included in this list.
Why Is Penny Cryptocurrency A Good Investment?
There are several reasons why penny cryptocurrencies may be worth your consideration. Besides the fact that penny cryptocurrencies are inexpensive, there are also the potential benefits that penny cryptocurrencies could gain in value and make substantial gains in the future as blockchain technology and other cryptocurrencies become more mainstream. Diversifying your portfolio to maintain a balanced and healthy investment portfolio is also important. In the same way, cryptocurrencies work.
Which Penny Cryptocurrency Will Explode in 2022?
There are a number of promising penny cryptos to invest in 2022. However, our top recommendations are IMPT, D2T and TAMA. Each of these coins has the potential to explode and make an impact in the crypto space.
Furthermore, all three tokens are new to the market so have room for growth. IMPT and D2T are yet to be released on exchanges so investors can take advantage of low prices by investing in presales.
How To Find New Penny Cryptos?
It is worth looking at established projects already listed on tier-one exchanges in addition to the above walkthrough – which explains how to buy the best crypto under a penny.
An investor should consider safety and legitimacy metrics, trading and deposit fees, market diversity, features, ease of navigation, and more when choosing an exchange.
Best Penny Cryptocurrency 2022– Conclusion
We have reviewed the best penny cryptos to buy in this guide as alternative ways to invest in the crypto industry. We recommend Binance, a regulated platform for buying penny cryptocurrencies in India.
Additionally, we recommend investing in IMPT, a new eco-friendly project fighting climate change that just launched its presale.
Another penny cryptocurrency to consider is Tamadoge, which has jumped nearly 1,500% since its IEO. Forecasters predict more gains in the coming weeks because TAMA will soon be available on other exchanges, and its NFT collection will also drop.
Which is the best penny cryptocurrency to invest in?
IMPT is the best penny crypto overall. Among the other top penny, crypto tokens are Tamadoge, Lucky Block, Battle Infinity, DeFi Coin, Chiliz, XRP, Ren, and Cardano.
How to find crypto under 1 cent?
Different crypto exchanges in India, such as Binance and OKX, offer them.
Which coin will boom in 2022?
Tamadoge shows strong potential. There are almost 70k Twitter followers of the Tamadoge Army, and the project has sold out its presale tokens in eight weeks. The tokens were listed on OKX on September 27.
Are penny cryptos worth it?
Even though these digital assets carry risks, you should add them to your portfolio as soon as possible because future projections for the mainstream adoption of cryptocurrencies are positive. Under a penny, the right crypto could make all the difference between where you are now and where you will be in the future. The higher the risk, the greater the reward.
What is meant by penny crypto?
Penny cryptos are digital currencies that trade for $1 or less per token. This category includes crypto assets with large market capitalizations, such as XRP and Cardano. This is determined by the number of tokens issued by the project.
About Jhonattan Jimenez
About Jhonattan Jimenez
English Language professional with a vast experience teaching English as a second language, English translator to Spanish, Cryptocurrency enthusiast, interested in geopolitics and economy.