{"id":314106,"date":"2021-12-15T10:33:59","date_gmt":"2021-12-15T15:33:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=314106"},"modified":"2021-12-16T11:54:44","modified_gmt":"2021-12-16T16:54:44","slug":"5-best-penny-cryptocurrency-to-buy-december-2021","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-penny-cryptocurrency-to-buy-december-2021","title":{"rendered":"5 Best Penny Cryptocurrency to Buy December 2021"},"content":{"rendered":"

The cryptocurrency market continues to struggle. After recovering slightly to $2.33 trillion earlier this morning, its total cap has since fallen back down to $2.5 trillion. While this is disappointing for anyone hoping for a strong recovery before Christmas, it arguably provides a good opportunity to buy lower priced coins at a discount. Because of this, we’ve put together a list of the 5 best penny cryptocurrency to buy right now. This covers coins priced at around $1 or under.<\/p>\n

5 Best Penny Cryptocurrency to Buy<\/h2>\n

1. Dogecoin (DOGE)<\/h3>\n

DOGE has had a good 24 hours, rising by 13%. At $0.181205, it’s also up by 2.3% in the past week, but down by 31% in the last 30 days.<\/p>\n

\"Dogecoin<\/a><\/p>\n

DOGE received a big boost yesterday when Tesla CEO Elon Musk tweeted that the carmaker would begin accepting the cryptocurrency as payment for some of its merchandise. As you can see from the chart above, its relative strength index (in purple) shot up to 90 as traders entered the DOGE market. This number has since declined to just under 50, although the price of DOGE remains comfortably above where it was before the tweet. At the same time, DOGE’s 30-day moving average (in red) is still well beyond its 200-day average. This indicates that DOGE may have broken out from its previous level and could be well-placed to continue rising in the near future.<\/p>\n

\n

Tesla will make some merch buyable with Doge & see how it goes<\/p>\n

— Elon Musk (@elonmusk) December 14, 2021<\/a><\/p><\/blockquote>\n