{"id":339744,"date":"2022-09-01T11:39:05","date_gmt":"2022-09-01T15:39:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=339744"},"modified":"2024-05-03T12:40:42","modified_gmt":"2024-05-03T12:40:42","slug":"best-penny-cryptocurrency","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-penny-cryptocurrency","title":{"rendered":"Best Penny Cryptocurrencies to Invest In"},"content":{"rendered":"

Along with the highly-priced cryptocurrencies the market is filled with thousands of crypto tokens that are valued at less than $5, or even just a few cents. These cryptocurrencies are known as penny cryptos and are preferred by many types of investor. First and foremost, they are quite affordable. You can buy a large holding of penny cryptos by investing as little as $100 and potentially generate high returns once their value increases. <\/span><\/p>\n

But before that, you need to explore the market and find out the most promising penny cryptocurrencies that have huge potential for growth. It is crucial to have a clue about what you are investing in and whether it is worth buying not to end up losing your capital in the long run. To help you in the research stage we have reviewed the best penny cryptocurrencies to buy this year and provided detailed reviews on each.<\/span><\/p>\n

Read on to find out which penny cryptocurrency or cryptocurrencies attract you best. You will also discover the best platforms to invest in penny cryptocurrencies and a complete guide explaining how to buy cryptocurrency<\/a> for pennies online step by step.<\/span><\/p>\n

Best Penny Cryptos to Buy in 2024<\/strong><\/h2>\n

If you do not want to go too much into details and seek the quick list of the best penny cryptocurrencies below we have provided a short list of the top penny cryptocurrencies to buy right now. You have a versatile selection as the list includes various projects from meme cryptocurrencies to blockchain gaming platforms and DeFi problem-solving technologies. <\/span><\/p>\n

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    \n
  1. Dogeverse<\/a> (DOGEVERSE)<\/strong> – Leading Memecoin Still in its Presale Phase<\/li>\n
  2. Sealana<\/a> (SEAL)<\/strong> – Popular Penny Memecoin With Massive Growth Potential<\/li>\n
  3. WienerAI<\/a> ($WAI)<\/b> – Doge-Based Penny Crypto<\/li>\n
  4. Mega Dice<\/a> (DICE)<\/strong> – High Potential iGaming Crypto Presale<\/li>\n
  5. 99Bitcoins<\/a> (99BTC)<\/strong> – Presale Penny Crypto with a Learn-to-Earn Concept<\/li>\n
  6. 5th Scape<\/a> (5SCAPE) <\/strong>– A Top Penny Cryptocurrency for AR\/VR Gaming Enthusiasts<\/li>\n
  7. Smog<\/a> ($SMOG)<\/strong> – Solana Memecoin Experience with a Viral Airdrop Campaign<\/span><\/li>\n
  8. Sponge<\/strong><\/a> V2<\/a> ($SPONGEV2) <\/strong>– Penny Crypto in the Memecoin Niche<\/li>\n
  9. eTukTuk<\/a> (TUK)<\/strong> – Penny Crypto With Green Motives<\/li>\n
  10. dogwifhat (WIF)<\/strong> – Popular Penny Memecoin Amassing a Massive Social Media Following<\/li>\n
  11. Myro (MYRO)<\/strong> – Solana Memecoin Named After the Founder’s Dog<\/li>\n
  12. Fetch.ai<\/b> (FET)<\/strong> – Trending AI Penny Cryptocurrency with Focus on Real-Life Issues<\/span><\/li>\n
  13. Graph Coin (GRT)<\/b> – Invest in Penny Cryptocurrency that Struggles to Improve Data Retrieval<\/span><\/li>\n
  14. 1Inch (1INCH)<\/b> – Promising Penny Crypto that Improves User-experience with DEX Platforms<\/span><\/li>\n
  15. AMP (AMP)<\/b> – Buy Penny Cryptocurrency that Aims to Speed up the Transaction Confirmation<\/span><\/li>\n<\/ol>\n<\/div><\/div>\n

    Top Penny Cryptos to Buy Reviewed – Full List<\/strong><\/h2>\n

    If you are a newbie in the cryptocurrency market, you may be confused about discovering thousands of digital assets that you can invest in. However, most of these cryptocurrencies are speculative, meaning they involve high risks, can be quite speculative, and can crash quickly after trending for a particular period. <\/span><\/p>\n

    Hence, you need to carefully explore the cryptocurrencies you are going to purchase to make sure they have the potential for future growth and can bring you high rewards. In this section, we have reviewed the most popular penny cryptocurrencies that have excellent potential to increase value in the near future. Read on to find out which one attracts you most and best suits your expectations.<\/span><\/p>\n

    Dogeverse (DOGEVERSE) – Leading Memecoin Still in its Presale Phase<\/strong><\/h3>\n

    Dogeverse<\/a>, part of the expansive Doge ecosystem, quickly captured the attention of the crypto community by raising an impressive $2.5 million in under five days of its launch. This project, featuring the lore of Cosmo the dog who can hyperjump across blockchain networks, is built on a multichain framework that includes Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base. Currently in its presale phase, with tokens priced at just $0.0003, Dogeverse is nearing its $10.1 million target, prompting a surge of investor interest as the price is expected to increase soon.<\/p>\n

    \"dogeverse<\/p>\n

    Already live on four of the six chains it plans to operate on, Dogeverse has differentiated itself with a strong roadmap and strategic tokenomics. It has allocated 15% of its 200 billion total token supply to the ongoing presale, with other portions designated for project funds, marketing, staking, liquidity, and ecosystem development. Additionally, 5% is reserved for exchange listings.<\/p>\n

    The project not only offers the potential for passive income through staking but also stands out among memecoins for its utility and use case. Supported by endorsements from popular crypto influencers and a growing social media presence, Dogeverse is poised to exceed its presale goals and is emerging as a top penny crypto with significant potential for returns.<\/p>\n

    Visit Dogeverse<\/strong><\/span><\/a>\n<\/p>

    Sealana (SEAL) – Popular Penny Memecoin With Massive Growth Potential<\/strong><\/h3>\n

    Sealana<\/a> may be an exceptional penny crypto investment opportunity, especially appealing for those looking to get in on a vibrant and potentially lucrative memecoin at its nascent stage. Set to launch with a remarkably low price point, Sealana enables investors to capitalize on the presale phase, where substantial quantities of SEAL tokens are available at a steep discount. At the current rate, one can acquire 6,900 SEAL tokens for just one SOL, presenting a golden opportunity to amass a significant number of tokens without a hefty financial outlay.<\/p>\n

    \"Sealana\"<\/p>\n

    This accessible entry point is not just a matter of quantity. Given Sealana’s unique and engaging theme, there’s a strong potential for growth. Inspired by a character from the popular show “South Park,” the theme of Sealana resonates with a broad audience, tapping into the nostalgic and comedic elements that many investors find appealing. This cultural connection, combined with the fun and lighthearted nature of the project, sets the stage for Sealana to capture the imagination of the crypto community, potentially leading to substantial price appreciation as the project gains traction.<\/p>\n

    Investing in Sealana during its presale allows users to leverage the low initial price while positioning themselves in anticipation of future growth. As the project launches and begins to circulate within the wider memecoin market, the initial low investment could yield significant returns, especially if the project captures the crypto community’s enthusiasm as expected. This blend of low entry cost, high potential reward, and a culturally resonant theme makes Sealana an attractive penny crypto to consider adding to your portfolio right now.<\/p>\n

    Visit Sealana<\/strong><\/span><\/a>\n<\/p>

    WienerAI ($WAI) – Doge-Based Penny Crypto <\/b><\/h3>\n

    Among promising penny crypto projects with significant upside potential, WienerAI ($WAI)<\/a>, a truly innovative and unique project that has already generated substantial buzz and excitement.<\/span><\/p>\n

    \"WienerAI<\/p>\n

    What makes WienerAI stand out is its ingenious fusion of artificial intelligence technology with the beloved traits of dogs and the universally recognized appeal of sausages – all combined into a singular, meme-worthy “cyberentity.” This novel concept has struck a chord with both meme coin enthusiasts and investors seeking exposure to the burgeoning AI crypto niche.<\/span><\/p>\n

    Despite its creative and humorous premise, WienerAI is far from just a joke coin. It boasts a well-designed tokenomic structure focused on fostering a passionate and engaged community known as the “Sausage Army.” This includes lucrative staking rewards for early investors, discouraging pump-and-dump schemes, and promoting long-term holding.<\/span><\/p>\n

    WienerAI has raised an impressive amount in its presale while offering early investors the ability to acquire $WAI tokens at discounted penny crypto prices. The earliest participants have been able to secure their holdings while earning generous daily staking rewards, amplifying the project’s appeal.<\/span><\/p>\n

    With a clear roadmap towards DEX and CEX listings, audited smart contracts, and a tokenomic structure designed to incentivize and empower its “Sausage Army” community, WienerAI is shaping up to be one of the most intriguing penny crypto investments of 2024. Its unique approach, combining cutting-edge technology with engaging and relatable themes, positions it as a project with significant potential for growth and mainstream appeal in the months ahead.<\/span><\/p>\n

    Visit WienerAI<\/strong><\/span><\/a>\n<\/p>

    Mega Dice (DICE) – High Potential iGaming Crypto Presale <\/strong><\/h3>\n

    Mega Dice<\/a> is gaining popularity in the crypto casino industry, already managing a staggering $50 million in monthly wagering and engaging over 50,000 players globally. This platform has recently launched its native token, DICE, currently in the presale phase and quickly becoming a topic of discussion for its potential in the iGaming sector. Priced competitively, the DICE token has a limited supply of 420 million tokens, significantly lower than many of its competitors, which adds to its exclusivity and potential value increase.<\/p>\n

    Built on a robust and secure framework, Mega Dice offers an extensive array of over 5,000 games from top-tier providers, ensuring a premium gaming experience. The platform not only supports traditional casino games but also includes over 50 sports and esports betting options, catering to a diverse range of gambling enthusiasts.<\/p>\n

    \"Mega<\/p>\n

    The DICE token is set to enhance this already successful platform by introducing additional benefits for token holders, including access to exclusive NFTs, early bird bonuses, and a share of the casino’s daily earnings, creating an attractive incentive for investors. Moreover, the token’s integration into the Mega Dice ecosystem allows for transactions and rewards within the platform, fostering a more immersive and rewarding user experience.<\/p>\n

    With its complete security audit and strategic staking options, the DICE token stands out as a promising investment in the growing field of crypto casinos. It combines the thrill of gambling with the benefits of crypto investments, making Mega Dice’s DICE token a top contender for those looking to invest in a high-potential, already operational product.<\/p>\n

    Visit Mega Dice<\/strong><\/span><\/a>\n<\/p>

    99Bitcoins (99BTC) – Presale Penny Crypto with a Learn-to-Earn Concept <\/strong><\/h3>\n

    99Bitcoins<\/a>, a leading project merging investor education with earning opportunities through its Learn-to-Earn concept, has captured the excitement of investors. In a remarkable feat, the project managed to raise over $200k in less than five days, signaling strong investor interest and prompting expectations for an early end to the presale phase.<\/p>\n

    The project’s unique approach rewards participants for learning about cryptocurrency, earning 99BTC tokens directly to their Ethereum wallets as they progress through the curriculum and engage with the community. These tokens offer a range of rewards, including access to premium content, discounts on partner products, and participation in token-holder events.<\/p>\n

    \"99Bitcoins<\/p>\n

    Built initially on the Ethereum chain, 99Bitcoins has plans to integrate with the BRC-20 standard, potentially pioneering the Learn-to-Earn model on the Bitcoin blockchain. Beyond learning incentives, investors gain access to trading signals from top experts, fostering profitable setups while learning about trading.<\/p>\n

    The project’s ecosystem extends beyond learning, offering features such as staking opportunities, additional training courses, exclusive webinars, and potential event access. Furthermore, the project’s massive community provides a valuable network for engaging with like-minded individuals and exploring profitable trading opportunities within the crypto space.<\/p>\n

    The excitement surrounding 99Bitcoins is further fueled by a $99,999 BTC airdrop, distributed among 99 winners, scheduled for July 19th, 2024. With an audited contract code, sound token distribution, and a promising roadmap, 99Bitcoins presents a compelling investment opportunity. Its rapid fundraising success and potential for future growth make it an enticing prospect for investors seeking exposure to the evolving crypto landscape.<\/p>\n

    Visit 99Bitcoins<\/strong><\/span><\/a>\n<\/p>

    5th Scape (5SCAPE) – A Top Penny Cryptocurrency for AR\/VR Gaming Enthusiasts<\/strong><\/h3>\n

    Among the numerous penny cryptocurrencies vying for investors’ attention, 5th Scape (5SCAPE)<\/a> emerges as a compelling opportunity within the rapidly evolving AR and VR gaming landscape. This Ethereum-based project is currently in its presale phase, offering its native 5SCAPE tokens at discounted prices before the eventual listing.<\/p>\n

    \"5th<\/p>\n

    With an ambitious goal of establishing the world’s first comprehensive AR & VR ecosystem, 5th Scape aims to develop a diverse portfolio of VR games, compatible with popular headsets, as well as proprietary hardware like an in-house VR headset and AR gaming chair. The project has already announced several VR game titles in development, including Cage Conquest, set for release in Q2 2024.<\/p>\n

    During the ongoing presale, investors can acquire 5SCAPE tokens for as low as $0.00187, with the price gradually increasing across 12 stages, ultimately reaching a projected listing price of $0.01. The presale has already raised over $1.2 million, demonstrating significant interest from the community.<\/p>\n

    With a total supply of only 5.21 billion tokens, 5SCAPE offers a relatively scarce asset, potentially enabling substantial gains for early investors who acquire tokens at the discounted presale rates. However, as with any penny cryptocurrency investment, it is crucial to thoroughly research the project and assess the team, roadmap, and potential risks before allocating funds.<\/p>\n

    Visit 5th Scape<\/strong><\/span><\/a>\n<\/p>

    Sponge V2 ($SPONGEV2) – Penny Crypto in the Memecoin Niche<\/strong><\/h3>\n

    Sponge V2<\/a> is one of the best penny cryptos to buy this year thanks to it being: first, a memecoin, and secondly, a memecoin with multiple utilities.<\/p>\n

    \"Sponge<\/p>\n

    This cryptocurrency project has been created to put the interest of the market back on Sponge V1. Sponge V1 arrived as one of the biggest memecoins in the middle of 2023.<\/p>\n

    It went up in price soon after a launch, allowing investors to make as much as 100x returns on their original investment. At its peak, Sponge V1 (previously known as Sponge) enjoyed a market capitalization of $100 million, more than 13k holders, and more than a few followers on Twitter.<\/p>\n

    While the token’s price has retraced by close to 94%, the community surrounding it has continued to thrive. Sponge still maintains over 23k followers on social media, and there are more than 11.5k investors still holding on to their $SPONGE tokens.<\/p>\n

    Sponge V2 is the new version of Sponge that brings multiple utilities to the ecosystem and a staking perk.<\/p>\n

    Getting Sponge V2 requires investors to stake Sponge V1 tokens. Investors can unlock staked Sponge V1 to get Sponge V2 tokens once the token launches. Those who choose to keep their Sponge V1 tokens staked will earn additional rewards.<\/p>\n

    There is also a P2E game in the works, which will likely bolster the exposure of the Sponge ecosystem even more.<\/p>\n

    Visit Sponge V2<\/strong><\/span><\/a>\n<\/p>

    Smog ($SMOG) – Solana Memecoin Experience with a Viral Airdrop Campaign<\/strong><\/h3>\n

    $SMOG<\/a> stands by the mantra “Surviving the fiery flames of SMOG,” ushering enthusiasts into ‘The Dragon’s Court,’ an exclusive crypto community striving for unparalleled virality in the meme coin landscape. The community pledges engaging multi-airdrop campaigns, transforming user interaction into a gamified adventure.<\/p>\n

    Participation mandates acquiring and holding $SMOG, accumulating airdrop points for undisclosed future rewards, creating an air of anticipation. $SMOG holders also have the opportunity to benefit from a community bounty, increasing the attractiveness of maintaining their investment.<\/p>\n

    \"SMOG<\/p>\n

    The tokenomics of the Smog project underscore a commitment to achieving viral success through its airdrop campaign. A substantial 50% of the supply is dedicated to marketing, showcasing the team’s ambitious vision. Additionally, 35% of the supply is earmarked for future airdrop rewards, promising enticing prizes.<\/p>\n

    With a strategy focused on diminishing circulating supply, the SMOG token appears poised for a more robust entrance compared to earlier Solana meme coin surges like BONK, which has witnessed a remarkable +862% YTD increase despite recent retracements.<\/p>\n

    In just a few days, the project has garnered a great deal of popularity, making it one of the best penny cryptos to buy right now. Investors can get their hands on the Smog by purchasing SMOG tokens on their official website, using any choice of their token including SOL, USDT, and BONK. While the project was limited to the Solana blockchain initially, the recent ETH bridge will now allow investors to park fund into the project using the Ethereum blockchain as well.<\/p>\n

    The project’s roadmap outlines future milestones, including staking and potential burn mechanisms, hinting at upcoming airdrop initiatives. The target of accumulating 10,000+ ‘Loyal Chosen’ members is a distinctive aspect, requiring selection and commitment to the SMOG realm, promising enhanced airdrop rewards for the devoted.<\/p>\n

    Visit Smog<\/strong><\/span><\/a>\n<\/p>

    eTukTuk (TUK) – Penny Crypto With Green Motives<\/strong><\/h3>\n

    eTukTuk<\/a> is one of the recent most innovative crypto projects, where advanced technologies such as AI and blockchain come together to promote a sustainable future. The project aims to replace conventional transportation by building a robust charging infrastructure for the future.<\/p>\n

    \"eTukTuk<\/p>\n

    The project will power a robust and sustainable charging ecosystem for transportation networks across many developing countries. The eTukTuk ecosystem will provide sustainable transport solutions and ensure financial inclusion in developing regions around the globe. The maximum supply of $TUK stands at 2,000,000,000 tokens, of which 10% is reserved for the pre-sale stages.     <\/span><\/p>\n

    Investors can even stake their $TUK tokens and earn an impressive APY of up to 300%. The eTukTuk project’s pre-sale stages have been an awe-inspiring ride, with the project already meeting its pre-sale goal of $680,000, with the current stage nearing its conclusion. The token’s prices are set to increase in the next stage and from its recent valuation of $0.026.<\/p>\n

    The eTukTuk project offers some impressive opportunities for investors to make the most of the future of sustainable transportation. The project’s pre-sale has garnered substantial traction, and investing in it now can yield great returns in the future.<\/p>\n

    Visit eTukTuk<\/strong><\/span><\/a>\n<\/p>

    dogwifhat – Popular Penny Memecoin Amassing a Massive Social Media Following<\/strong><\/h3>\n

    Within a short period of launch, some memecoins manage to garner major media attention and huge social media communities. This is the case with dogwifhat too, which quickly rose to prominence as a top choice among memecoin enthusiasts, despite not having any apparent utility. The project has been launched barely a couple of weeks ago and is currently among the top memecoins both in terms of market cap and trending ones.<\/p>\n

    \"WIF\"<\/p>\n

    The project’s website simply has some random text about the token being among the best investment options to consider. It has already made it to several popular websites while amassing a massive social media following. While such projects may or may not survive in the long term, they can be great additions for short-term investors, and as a penny crypto, the project’s native token WIF becomes an ideal option. It is priced at $0.28 and is a token that can be acquired in decent quantities by all types of investors.<\/p>\n

    With a likely pump speculated by many and a growing community, this penny token is definitely one that investors may not want to overlook in these volatile market conditions.<\/p>\n

    Buy dogwifhat<\/strong><\/span><\/a>\n<\/p>

    Myro – Solana Memecoin Named After the Founder’s Dog<\/strong><\/h3>\n

    Solana projects have all started seeing considerable increase in demand, since the blockchain grew in popularity and value in the last couple of months.<\/p>\n

    The project has already managed to garner the attention of multiple media channels and YouTube pages, despite being a new project, thanks to its popularity within the Solana chain. It is one of the biggest projects in the blockchain right now and is expected to gain more fame, and ultimately, some more utility elements.<\/p>\n

    \"Myro\"<\/p>\n

    At the time of writing, one can expect to gain passive income on the token by staking MYRO, while the project also boasts a buyback bot which contributes to the growth of the ecosystem.<\/p>\n

    The project managed to rise by more than 10x within a span of just 2 months, which is why the attention of the wider crypto community quickly fell onto the project. Myro is a memecoin created based on the name of Solana founder’s dog, Myro, which is another reason why the project gained much fame within a short time span.<\/p>\n

    Buy Myro<\/strong><\/span><\/a>\n<\/p>

    Fetch.ai – Excellent Penny Cryptocurrency with Focus on Real-Life Issues<\/strong><\/h3>\n

    Fetch.ai<\/span><\/a> is one of the best penny cryptocurrencies to buy as it brings AI and machine learning innovative solutions into the digital economy. Founded by three software developers in 2017, Fetch.ai aims to contribute to the growth of the decentralized digital economy by incorporating AI agents. The team includes Humayan Sheikh, Thomas Hein, and Toby Simpson who managed to attract several investors and raise $26 million from them. In 2019 the team also launched its <\/span>FET<\/span><\/a> token and raised $6 million through the Initial Coin Offering.<\/span><\/p>\n

    \"Fetchai\"<\/p>\n

    Fetch.ai introduces exciting features into the digital economy and tries to solve a lot of real-world problems through its innovative agents and machine learning solutions. One of the fields that the project touches on is traveling. Agents create direct communication between the consumers and providers thus reducing the role of the intermediary between them. In its turn, this system reduces the extra costs charged for the services by third parties. <\/span><\/p>\n

    Other important problems that Fetch.ai agents solve are the ones related to traffic and parking. Fetch.ai agents work to make mobility and transportation efficient. For instance, when you enter a city, the agent can get in touch with other agents and find out the nearest parking locations next to your destination. Moreover, it can book the parking area for you before you arrive at that place. Fetch.ai innovative solutions are also applied to such arrears as digitized trading, parties working together, such as doctors and patients, etc. <\/span><\/p>\n

    To manage its ecosystem, Fetch.ai has a native utility token that benefits the network in multiple ways. People can use it for managing autonomous economic agents, and stake to generate rewards and conduct transactions. Fetch.ai has a  maximum supply of 1,152,997,575 FET coins. 60% of the FET coins are already circulating with a value of $0.09 per coin. <\/span><\/p>\n

    Update<\/em> – since writing this post the FET price has exploded to over $0.25, one of the best performing crypto assets in early 2024 as the AI crypto narrative<\/a> began to trend.<\/p>\n

    Buy Fetch.ai<\/strong><\/span><\/a><\/span><\/p>\n

    Your capital is at risk.<\/em><\/p>\n

    The Graph – Invest in Penny Cryptocurrency that Struggles to Improve Data Retrieval<\/strong><\/h3>\n

    The Graph<\/span><\/a> (GRT) is another fascinating cryptocurrency project that you can invest in if you are looking for a penny cryptocurrency. It is a DeFi project founded in 2018 by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez. Originally launched on the Ethereum blockchain, Graph Coin has a goal referring to upgrading the blockchain technology. Its main goal is to contribute to the information retrieval of the blockchains which significantly influences the efficiency of the decentralized apps built on that blockchain.<\/span><\/p>\n

    \"The<\/p>\n

    The Graph Coin project issues a native utility token to power its ecosystem and manage the network. As the technology works through processing and storing the data from various blockchains with an aim of further retrieval, it goes through multiple processes. All the processes are managed by different network participants who are called indexers, curators, and delegators. Anyone who wants to become an indexer, a curator or a delegator must first of all stake <\/span>GRT<\/span><\/a> tokens. All the stakers are rewarded from the network fees for the job they have done. <\/span><\/p>\n

    The Graph Coin project is quite popular within the DeFi industry. It is used by such popular DeFi projects as Aave, Curve, and Uniswap. Its native coin was officially released in October 2020 and managed to raise $10 million in the capital during the ICO stage. Before the public sale, GRT also raised $19.5 million in capital from the private sale. GRT is currently included among the 100 largest crypto assets by its market capitalization. <\/span><\/p>\n

    Buy the Graph Coin<\/strong><\/span><\/a><\/span><\/p>\n

    Your capital is at risk.<\/em><\/p>\n

    1Inch – Promising Penny Crypto that Improves User-experience with DEX Platforms<\/strong><\/h3>\n

    1Inch Protocol<\/span><\/a> is another popular cryptocurrency and another coin to buy under a penny. It is designed to improve the decentralized exchange industry and contribute to the way people execute a trade through DEXs. The decentralized exchange industry is growing rapidly with more and more projects springing up in the market. <\/span><\/p>\n

    \"1<\/p>\n

    The difference between DEXs and CEXs is that DEXs allow users to trade without providing too much personal data and without going through the verification stages. It also makes the process quite faster – you do not need to register for an account providing the necessary details about your identity, payment method, etc. What you are required to do is to link your digital wallet to the platform and start trading. Centralized exchanges require you to verify your account so that they can keep your account safe. However, DEXs work through blockchain which makes them quite secure without any need for verification.<\/span><\/p>\n

    But the problem with these exchanges is that cryptocurrencies are traded at different prices on different exchanges. Additionally, transaction fees also vary greatly from platform to platform which makes it hard to identify which platform offers the best trading experience. The <\/span>1Inch<\/span><\/a> protocol is designed to solve this issue by monitoring the whole market and pointing out the best prices and transaction fees for the users. <\/span><\/p>\n

    The protocol was founded in 2019 by Surjey Kunz and Anton Bukov who have experience as engineers and developers in different startups. In December 2020 they managed to raise $12 million in capital from two funding companies. The group officially launched the project’s native token, 1INCH in late December during which it also airdropped 1INCH tokens to those wallets who have interacted with the 1Inch platform. The circulating supply of the 1INCH cryptocurrency is 571.6 million 1INCH tokens and it is the 86th largest crypto by market cap.<\/span><\/p>\n

    Buy 1 Inch Coin<\/strong><\/span><\/a><\/span><\/p>\n

    Your capital is at risk.<\/em><\/p>\n

    AMP Coin – Buy Penny Cryptocurrency that Aims to Speed up the Transaction Confirmation<\/strong><\/h3>\n

    Amp<\/span><\/a> is an Ethereum-blockchain-based project that was released in 2020. It is a digital collateral token that aims to make faster and more secure transactions possible. To understand how important the role of such projects is in the DeFi industry, you need to be familiar with one of the biggest problems of blockchain. <\/span><\/p>\n

    \"AMP<\/p>\n

    The dilemma of the transaction confirmation suggests that you need to sacrifice either security or scalability on the decentralized ledger. When the amount of the transactions increase more time is needed to verify transactions which is not always practical, especially for daily life. For faster transactions, users must pay high gas fees to have their transactions verified sooner. Amp is designed to make instant secure and irreversible transactions possible. <\/span><\/p>\n

    Amp is also open-source and decentralized. It has a native token – the <\/span>AMP coin<\/span><\/a> which can be sent received and staked to earn rewards. The maximum supply of the Amp cryptocurrency is over 92 billion AMP tokens 45% of which are already circulating. It has a daily trading volume of $4.5 million and quite high rates on market capitalization tables. At the time of writing it is the 104th largest cryptocurrency with a market cap of $350.7 million. <\/span><\/p>\n

    Buy AMP Coin<\/strong><\/span><\/a><\/span><\/p>\n

    Your capital is at risk.<\/em><\/p>\n

    What are Penny Cryptos?<\/strong><\/h2>\n

    Penny cryptocurrencies are quite popular among investors who do not have too much money to spend on trading. They prefer penny cryptos as they have low value and can bring high returns once their trade is successful. There is not a single consensus about the definition of such cryptocurrencies<\/a>. Usually, penny cryptocurrencies are called crypto assets that cost less than $1. However, according to another definition, cryptos worth less than $5 can also be considered penny cryptos. <\/span><\/p>\n

    What makes penny cryptocurrencies so attractive is their low prices which can bring you plenty of rewards even with a little fluctuation. But meanwhile, penny cryptocurrencies can be quite risky especially when you invest in speculative crypto assets. It means that before investing in such cryptocurrencies, you need to carefully examine to make sure if the crypto has room for growth.<\/span><\/p>\n

    Reasons to Invest in Penny Cryptocurrencies<\/strong><\/h2>\n

    There are multiple reasons why investors and traders prefer penny cryptocurrencies. Here are some of the most popular ones. <\/span><\/p>\n

    They are Affordable<\/b><\/h3>\n

    The eye-striking advantage of investing in penny cryptocurrencies is that they are quite cheap. If you do not have too much money but you want to challenge yourself in trading, penny cryptocurrencies give you this opportunity. By selecting a cryptocurrency broker that does not require too much deposit or trading fees, you can buy a huge amount of crypto for as low as $100. <\/span><\/p>\n

    You Have Huge Potential Returns<\/b><\/h3>\n

    Besides being very affordable, penny cryptocurrencies also can bring you high returns once they get successful. It is because they are quite cheap and their price fluctuations can be extremely high. Obviously, it is more difficult for a significantly valuable crypto asset, such as Bitcoin, to double its value than for a cryptocurrency worth $0.002. <\/span><\/p>\n

    Easy to Get Started<\/b><\/h3>\n

    Investing in penny cryptocurrencies can be an excellent way to start your trading career as you can begin with as lows as $20-$50. For instance, to buy a cryptocurrency on one of the leading crypto brokers, eToro, you need a maximum deposit of $10. Additionally, the minimum amount required by eToro to buy crypto is $10. Hence, you can buy the most popular ERC-20 tokens for as low as $20. <\/span><\/p>\n

    A Great Way to Diversify Your Portfolio<\/b><\/h3>\n

    And most importantly, you have an excellent opportunity to build a versatile portfolio. The fact that penny cryptocurrencies are cheap enables you to buy different assets with little money. In this case, you can also manage the risks of losing your capital by investing in different cryptos. So, if any of your investments fail, you secure yourself with investments in other assets that can gather value and bring you income. <\/span><\/p>\n