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Which penny coin will Explode in 2022?

6. Battle Infinity (IBAT) – Overall Best Crypto Under a Penny That Will Explode in 2022. Investors looking for another crypto under a penny should look no further than Battle Infinity.

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Many cryptocurrency investors have considered the best penny cryptocurrency to invest in at some point. Low-price cryptos can be defined as digital assets that cost less than $5 per token – based on equivalent SEC guidelines on equities. In this guide, we analyze the best penny crypto to buy on a budget. We also take a closer look at how to buy the most promising penny cryptocurrencies in a few beginner friendly steps. The 15 Best Penny Cryptocurrency to Invest In Below, you will see a quick view list of the best penny cryptocurrencies to buy right now. This includes everything from the best crypto under a penny that will explode to more established large-cap tokens under $5. FightOut – Overall Best Penny Cryptocurrency for 2022 Rewarding Workouts Dash 2 Trade – Penny Cryptocurrency Presale Tracking Socio-Cultural Price Movements RobotEra – New Metaverse Penny Cryptocurrency Presale Launched Nov 2022 IMPT – Best Penny Crypto to Buy for ESG Investors with Upcoming Uniswap IEO Tamadoge – Exciting Penny Crypto Pumping on Exchanges Battle Infinity (IBAT) – Best Crypto Under a Penny That Will Explode in 2022 The Hideaways – Fractional Ownership in Luxury Real Estate Lucky Block – Top Crypto Under a Penny with Crypto-Gaming Aspirations Crypto Snack – Top iGaming token to buy in 2022 DeFi Coin – Best Community-Driven Penny Cryptocurrency to Invest In Chiliz – Best Penny Crypto for Sports and Entertainment Tokenization XRP – Buy Established Large-Cap Penny Crypto Under $1 Shiba Inu – Best Penny Crypto with ‘Meme Coin’ Potential Cardano – Top Third-Generation and Highly Functional Penny Crypto Basic Attention Token – Great Penny Crypto for Long-Term Investors

Check Out the Best Penny Crypto Now

We would argue that each of the above-mentioned digital currencies is a worthy addition to any investor’s portfolio. However, you’ll find further information on these penny cryptocurrencies with high potential next – to help you make an informed decision.

A Closer Look at the Top Penny Cryptocurrency to Invest in

When you invest in cryptocurrency in the US – the process is a fairly simple affair these days. It’s selecting the right tokens that can be challenging, not to mention picking the best platform to access your chosen digital assets. Let’s start by providing you with further information on the best penny cryptocurrency to invest in. After that, we’ll go into more detail about how and where you might complete your purchase.

1. FightOut – Overall Best Penny Cryptocurrency for 2022 Rewarding Workouts

$FGHT is the native token of FightOut, a move to earn platform rewarding users for maintaining a healthy lifestyle. The token is currently in presale and priced at $0.016. The good news is that this asset will retain its value throughout the presale. The bad news is that investors have limited time to buy this low-priced asset that will have only a 10% supply of the total tokens allocated to exchanges. Not only are 90% of the tokens available during the presale, but they’re also likely never to be valued at this price again. Once $FGHT tokens are listed on exchanges, investors will rush to scoop up the remaining coins, and increase the price in the process. FightOut rewards users with in-app currency REPS for completing workouts, growing the community and earning badges. Users can also use REPS reward tokens for paying their subscription to the platform or buying FightOut merchandise or booking a remote session with a trainer. Users can accumulate more REPS by using $FGHT tokens to buy more. Another advantage of these tokens is that they can be redeemed for access to FightOut gyms, which will be located in major cities globally. FightOut enables users to customize their workouts and focus on their specialties while having access to tutorial videos showing them how exercises are performed. As users increase their strengths, it gets transferred to their avatars. Users use their strong avatars to gamify the fitness experience by entering the metaverse and putting their avatars into battles against other players to earn more tokens. Investors can receive the latest alerts about this coin via the Telegram group. More information about the project is available on the FightOut whitepaper. Before this token potentially takes off on exchanges, investors should buy $FGHT tokens while it’s still a penny crypto. Presale Started December 14 Purchase Methods ETH, USDT, Transak Chain Ethereum Min Investment N/A Max Investment N/A

Visit FightOut Now

2. Dash 2 Trade – Penny Cryptocurrency Presale Tracking Socio-Cultural Price Movements

Dash 2 Trade is a cryptocurrency analytics and social trading platform that can be accessed with D2T, an ERC-20 token that acts as the native cryptocurrency of the project. The presale launched in mid-October and secured $500,000 of investment in its first 24hrs and has now raised more than $7.5 million – the Dash 2 Trade project offers revolutionary trading signals that assess technical and social indicators to offer favorable trading strategies. Moreover, Dash 2 Trade offers professional-grade technical indicators, such as moving averages and order book statistics, to assist in sound decision-making and improving risk management. As per Dash 2 Trade’s whitepaper, the platform will also score new crypto presale projects on a range of criteria to ensure investor confidence in new projects. The bespoke scoring system will rate projects out of 100 based on utility, tokenomocs, roadmap and the credentials of the developing team. There will be strategy builder tools to review trading strategies and offer new cryptocurrency listing alerts. A social trading platform, users will be able to take part in weekly trading competitions and earn D2T token rewards. One of the best utility tokens, D2T must be held to access the platform’s dashboard and special trading tools. Dash 2 Trade will offer a starter and premium tier – which offers on-chain access data, automated trading bots and backtesting strategies. The premium tier will charge 1,000 D2T on a monthly basis, while the starter tier is available for 400 D2T per month. The presale was originally meant to run for nine rounds but the developers – who are doxxed and KYC-verified – have opted to set the protocol live sooner than was first expected due to the collapse of FTX and wider crypto bear market. Crypto investors and traders are crying out for reliable tools that can help investors maximize profits and avoid scam projects. The presale will now run for four rounds with 262.5 million of the 1 billion max supply allocated – although more than 150 million have already been sold meaning there is limited time to secure tokens before they reach exchanges. Tokens are currently priced at $0.0513 and will rise to $0.0533 in the final round. To learn more about this cryptocurrency, join the Dash 2 Trade Telegram channel. Interested in making an investment in D2T? Read our how to buy Dash 2 Trade guide to learn more. Presale Started October 19 Purchase Methods ETH, USDT, Transak Chain Ethereum Min Investment 1,000 D2T Max Investment N/A

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3. RobotEra – New Metaverse Penny Cryptocurrency with Presale Launched in November

RobotEra is a metaverse gaming platform that aims to integrate NFT protocols and in-game earning methods by leveraging TARO as its native cryptocurrency. Just as metaverse tokens such as The Sandbox have provided 1,000x returns during ICO (initial coin offering), RobotEra aims to achieve similar highs through the TARO presale. Launched in November 2022, TARO is offering 270 million tokens on presale – which represents 15% of the total token supply (1.8 billion) – and has already sold more than $200,00o of tokens. With TARO, investors can take part in RobotEra’s planet-like metaverse ecosystem as Robots. These Robots are minted as NFTs on the Ethereum blockchain and feature a limited supply of 10,000. There are 7 different Robot NFTs – which exist on 7 continents on the Taro planet. A player can access the ecosystem by purchasing a Robot NFT and gain access to Land NFTs, digitally created museums and mining activities to earn rewards. Players can build on their metaverse plots of land and monetize it in a variety of ways, from selling tickets to events to selling structures and billboard space to advertisers. An ERC-20 token, TARO can be staked to take part in the decentralized autonomous organization (DAO). The RobotEra DAO allows players to make decisions on the in-game developments and distributes power to the players of the platform. While large cryptos like Bitcoin have corrected in 2o22, crypto presales are becoming increasingly popular due to their high-growth potential. TARO is currently on round one of its three-stage presale, trading at $0.020. This is the best time to purchase this penny token since the price will eventually rise to $0.032 by the final trading round. Presale Started Q4 2022 Purchase Methods ETH, USDT Chain Ethereum Min Investment 1,000 TARO Max Investment N/A

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4. IMPT – Best Penny Crypto to Buy for ESG Investors with Upcoming Uniswap IEO IMPT is a crypto project that has raised more than $20.5 million and is now set for its IEO on major decentralized exchange Uniswap on 14 December 2022. Investors have flocked to IMPT as it is promising to offer a blockchain-based solution for one of the most pressing issues of our time – the climate crisis. Leading centralized exchanges LBank and Changelly Pro also have listings confirmed. Trading opens on LBank on 14 December at 10:00 UTC. While many new projects run out of steam as the weeks roll by when they fail to provide a real reason for existing, IMPT wants to use blockchain technology to help individuals and businesses help ease climate change and is easily one of the most eco-friendly crypto projects. They will do that with users acquiring carbon credits, either while shopping or by buying them, with more than 10,000 retail brands and businesses – some globally recognizable such as Microsoft, GameStop and LEGO – having already agreed to partner with the project. The carbon credits, which are permits that equal one ton of CO2 emission, can be used help a variety of pre-approved and vetted environmental projects, but will also have value in themselves and can be sold or held. They can also be retired, with those who retire the credits receiving unique NFTs in return. IMPT is also ready to develop a global score that will allow users to track how impactful their activities are on helping the environment and to encourage individuals and businesses to do more. Built on Ethereum – one of the most environmentally friendly blockchains after the Merge – the project, which has a doxxed team with years of senior experience at global telecoms and commerce firms, sold out its first phase of allocated tokens a month ahead of schedule. CoinCodex.com and CryptoPresales.com are independent rating sites that have rated IMPT as one of the best crypto projects of the year. IMPT’s low entry point and unique, real-world use case is likely to see it become one of the top new upcoming ICOs of 2022. Read through the IMPT whitepaper and join the Telegram group for the latest news and information.

5. Tamadoge – Exciting Penny Crypto Pumping on Exchanges

Another top best penny crypto asset to invest in is Tamadoge (TAMA) – the native cryptocurrency of the Tamaverse. This play-to-earn game allows users to breed and create Tamadoge pets. Users can battle each other in order to climb up monthly leaderboards and eventually earn rewards in TAMA. On September 18, Tamadoge completed its presale round after collecting $19 million. Despite being in a bear market, the token managed to sell out its 90-day presale round in just eight weeks and the coin went on to pump on exchanges, reaching near-2,000% gains for early investors. The penny crypto is a multi-utility token, with a maximum supply of 2 billion tokens. With TAMA, users can purchase Tamadoge NFT pets on the Tama store – the main avatars of this decentralized ecosystem. One of the advantages of TAMA is that it is a deflationary asset. Unlike Dogecoin, which has increased its maximum supply from 100 billion to 132 billion tokens, TAMA will reduce its current supply in the long run. Whenever players purchase items from the Tama store, 5% of all Tamadoge spent is burnt. Furthermore, 30% of the tokens spent will be used for marketing purposes, while the remaining 65% is distributed among the P2E prize pools as rewards. While 50% of the token supply was available in the presale, another 20% of TAMA has been reserved for future listings on decentralized and centralized exchanges. According to the platform’s roadmap, Tamadoge is expected to create strategic partnerships with multiple metaverse projects in the coming years. With the Tamadoge team looking to deploy augmented reality (AR) apps and initiate website launches in the coming years, this can be one of the best penny cryptos to buy now. It has remained in the meme coin top 10 since launch and appears primed to pump when wider market conditions improve, with Tamadoge due to see a number of major releases in its ecosystem in 2023.

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Buy Tamadoge on OKX DEX

6. Battle Infinity (IBAT) – Overall Best Crypto Under a Penny That Will Explode in 2022 Investors looking for another crypto under a penny should look no further than Battle Infinity. This exciting new metaverse-based ecosystem looks set to make waves in the crypto market, thanks to numerous play-to-earn (P2E) elements that offer users an opportunity to produce a regular income stream. Moreover, with NFTs also being integrated, Battle Infinity is a true ‘all-in-one’ platform – that has already been KYC-verified by CoinSniper. A total of six components make up the Battle Infinity experience, each offering a unique way to generate income. These include a dedicated crypto staking mechanism (completed with solo/duo staking) and a built-in NFT marketplace. There’s also a ‘game store’ that will feature numerous NFT-based games, complete with their own P2E features. Battle Infinity will also offer a unique fantasy sports league experience hosted on the blockchain and with NFT integration. Users can earn rewards through skilled gameplay denominated in $IBAT – Battle Infinity’s native token. There will be a total supply of 10 billion $IBAT, with an ‘autotax’ feature charging a small amount on each token transaction that will be used within various elements of the ecosystem. All Battle Infinity’s components will integrate with a rich virtual world called the ‘Battle Arena’. Users can create fully customizable avatars within this world and connect with other users, providing scope to team up and tackle challenges together. Battle Infinity is continuing to develop along its roadmap and its wider ecosystem make it a top pick for the best penny cryptocurrencies to invest in this year. With the platform’s recently launched Telegram group already beginning to grow (remember admins will never DM you first), this crypto under a penny looks likely to garner a great deal of attention going forward.

Visit Battle Infinity Site

7. The Hideaways – Fractional Ownership in Luxury Real Estate

The Hideaways is a fantastic method of entering the convoluted luxury real estate market that often carries high barriers to entry. And when you consider you can invest from anywhere in the world and get 20% APY passive income – it seems a no-brainer to keep on reading. The project uses NFT technology to provide fractional ownership in the property market for holders to earn passive income and benefit from the property portfolio’s capital appreciation. The project is the world’s first luxury real estate investment platform that allows users to invest in a fully managed portfolio of luxury real estate. Every NFT minted from Hideaways is backed by luxury property, meaning that the minimum value of the NFT is always tied to the value of the physical property itself. The NFT is then broken into little pieces to allow investors to have fractional property ownership with a minimum investment value of as little as $100, greatly reducing the barrier to entry into the real estate market. As the properties are tied to the NFTs, holders can gain exposure to the global real estate market and the secondary NFT market. Furthermore, holding the NFT also generates passive income through rental yield – similar to what you would expect from the traditional real estate market. Each property is purchased through a Special Purpose Vehicle (SPV) with its own bank account that receives rental income. Once the expenses are deducted, the rental profit is distributed monthly to the NFT holders, depending on their own share of the property. Ownership of the NFTs also provides holders with access to Club Hideaways, which comes with a plethora of benefits, including:

Monthly prize draws

Discounted access to worldwide travel experiences

Lounge access

Win all-inclusive holidays

The benefits are distributed according to membership tiers, depending on the initial investment value. For example, the Diamond Membership tier requires a minimum investment of $50,000. Some of the top benefits for this tier include the two-week complimentary 5* holiday and a free private jet flight each year. The Hideaways is currently hosting a presale for its HDWY token, which provides staking returns, investment discounts, and membership rewards. Furthermore, the first batch of luxury properties can only be purchased using HDWY, so you will need to participate in the presale to have the chance to purchase your first fractional NFT. We would recommend saving some of the $HDWY as we expect this to reach the top 20 crypto market cap in the next 2-3 years, making it one of the best penny cryptocurrencies to invest in the long term.

8. Lucky Block – Top Crypto Under a Penny with Crypto-Gaming Aspirations

Lucky Block was only released in January 2022 but is shaping up to be an option for the best crypto under $1 that could explode. Let’s explain what makes this the top penny cryptocurrency for 2022. It’s a crypto games and competitions platform where ‘everyone’s a winner’ in prize draws, using distributed ledger technologies, blockchain enables for speedier, typically immediate, transactions. Not to mention the comprehensive documentation and monitoring, regardless of the amount of prize money won in games. Furthermore, blockchain verifies both players and tickets, lowering the risk of tampering, or destruction of data loss. The costs of running traditional prize pools are significant, which usually has an influence on the payouts and the revenue needed for distributing prizes. It goes without saying, but if a games platform can save expenses, more money is available for technical advancements and bigger rewards – both of which benefit participants. Lucky Block will shorten prize draw durations and allow numerous games to be carried out every day, increasing players’ chances of winning, while cutting expenses. Low margin operations will also allow players to participate in whichever of Lucky Block’s competitions match their risk appetite for greater chances. Lucky Block has also developed a non-fungible token (NFT) series, which is limited to just 10,000. As well as being one of the best new NFT projects, it should be a great addition to anyone’s trading portfolio as our top crypto under a penny that will explode. Lucky Block is offering market-leading prizes that currently includes luxury holidays, a $300,000 Lamborghini, a $1 million house and $1 million of bitcoin. The project also launched its V2 token – built on Ethereum and eliminating the 12% transaction fees of the V1 token – which is now listed on a number of exchanges with more to follow. LBLOCK V1 holders can convert to V2 on October 3 when a bridge goes live, while there will also be a 1% monthly burn from September 30 to drastically cut supply and make it one of the best penny cryptocurrencies to invest in for the future.

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9. Crypto Snack – Top iGaming token to buy in 2022

The next best penny crypto to buy this year is Crypto Snack, the world’s fastest-growing iGaming token. It is currently used as currency on more than 800 online business platforms, partnering with CoinsPaid earlier this year in February. CoinsPaid is a leading crypto payment gateway with a limited collection of supported assets like BTC, USDT, and DOGE. Although CoinsPaid usually doesn’t list low-cap cryptocurrencies, it made an exception for Crypto Snack due to its cheap and fast transactions powered by Binance Smart Chain. They believe that this can be a game changer in the iGaming industry, as more than 300 of the 800 platforms supported by CoinsPaid are online casinos and betting operators. Crypto Snack has built a wide network of partnerships and integrations in a short time since its launch in 2021. For example, it signed a partnership with RCD Espanyol in May this year. It will allow the La Liga club to accept SNACK as payment for online and offline purchases from next season. In fact, this is the first time a La Liga club integrated crypto payments. Crypto Snack plans to integrate SNACK into other top European clubs soon. The token’s massive growth potential is further revealed by a recent $50M investment commitment from GEM Digital Limited. Crypto Snack will use the fund to get SNACK tokens listed on Tier-1 exchanges, expand its global professional sports partnerships, and develop the platform’s blockchain infrastructure. The team’s token allocation unlocked over 10 years further guarantees long-term growth. Crypto Snack has allocated 10% of Green SNACK tokens to support sustainable energy initiatives that focus on carbon offsetting. You can now buy SNACK tokens from PancakeSwap and XT.com. (And on more Tier-1 exchanges soon.)

Visit Crypto Snack Now

10. DeFi Coin – Best Community-Driven Penny Cryptocurrency to Invest In

DeFi Coin is an entirely community-driven project that is easily one of the best penny cryptocurrencies to buy right now. This penny crypto was launched in July 2021 with the aim of boosting the decentralized finance (DeFi) ecosystem. The number of platforms listing DeFi Coin is increasing. The amount of DeFi Coin tokens available will be limited to a hundred million. So how does it work? Reflections, manual burns, and LP acquisitions are all used by the DeFi Coin project. These features are designed to keep the DeFi Coin ecosystem alive and well. The DeFiCoins.io website is powered by this token. DeFi Coin is built on top of the Binance Smart Chain. This allows the project to take advantage of the blockchain’s fast transaction speeds and low gas prices. DeFi Coin will also let users participate in the swapping of collectibles as well as exchanging NFTs. Everyone who executes a trade pays a 10% transaction fee to the network, incentivizing users to hold onto their DeFi Coin for as long as they can. The objective of doing this is to reduce volatile price swings. The first half of the transaction fee is returned to DeFi Coin holders, while the remaining 5% is held in reserve to provide liquidity for decentralized exchange services. Buying and holding DeFi Coin tokens has a number of advantages, one of which is the ability to collect dividends through a fixed reward structure. Essentially, if you invest in this cryptocurrency, you have the capacity to continually increase the amount of DeFi Coin tokens you own. If you’re looking to buy the best DeFi coins refer to our guide for more analysis.

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11. Chiliz – Best Penny Crypto for Sports and Entertainment Tokenization

Chiliz is a subsidiary of Mediarex Group, a multinational sports and entertainment company created in 2006. After almost two years of innovation and development, the team minted 8.8 billion Chiliz tokens in October 2020. At the time of writing, Chiliz has a market cap of around $1.4 billion, making it one of the cryptos with the highest potential. Investor interest in tokens tied to entertainment businesses seems to be on the rise in general. So how does it work? Users may engage in the blockchain platform by actively exchanging Chiliz for ‘Fan Tokens’. As such, this is the best penny cryptocurrency to buy for people who want to invest in sports tokenization. The Chiliz team created the Socios platform, which is based on the Chiliz blockchain architecture. It is on this platform that the native Chiliz token runs. This sports fan interaction platform contains a variety of polls that deliver the most up-to-date information while also bridging the gap between sports teams and fans. For operation, it has its own mobile application. All you have to do is download the app from your Android or iOS app store and you can swap Chiliz tokens for Fan Tokens. You will also be able to vote in polls run by teams using them. Chiliz 2.0 should enable the trading of NFTs and other digital assets, as well as offer transaction gas fees that are at least 500x lower than Ethereum.

Buy Chiliz Now

Cryptoassets are a highly volatile unregulated investment product.

12. XRP – Buy Established Large-Cap Penny Crypto

Ripple is a payment protocol that processes international money transactions using blockchain technology. It has worked with hundreds of financial institutions that use its technology. Ripple’s goal is to provide incredibly fast processing times and minimal transaction costs. The company’s native cryptocurrency, XRP, was launched in 2012 and is one of the best penny cryptos to buy right now. 100 billion XRP tokens were created prior to its launch. Ripple put 55 billion XRP into an escrow. It also set up smart contracts to release 1 billion XRP each month. At this time, this popular penny crypto has a market capitalization of around $37.5 billion. Ripple can sell as many tokens as it wants when they’re released in order to raise funds, and unsold tokens will be placed in a new escrow. To verify transactions, the XRP cryptocurrency employs a consensus system. Validators check proposed transactions against the most recent version of the XRP ledger and accept the ones that are valid. For a transaction to be confirmed, it must be accepted by the majority of XRP validators. A typical XRP transaction takes five seconds to complete. As a bridge currency, XRP tokens can be utilized by financial firms to exchange currencies at a lower cost. They can also use XRP instead of fiat currencies. Moreover, even at the token’s all-time highest price, the transaction cost was just 0.00001 XRP.

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Buy XRP Now

Cryptoassets are a highly volatile unregulated investment product.

13. Shiba Inu – Best Penny Crypto with ‘Meme Coin’ Potential

One of the best low cap crypto gems on the market is Shiba Inu (SHIB). Most crypto investors will have heard of this token as it burst onto the scene in late 2021, following the incredible rise of Dogecoin. Like Dogecoin, SHIB was designed to appeal to retail investors – yet ended up catching the attention of the mainstream media. Between September and October 2021, the SHIB price rocketed by nearly 1,400% as it gained traction on various social media platforms. Although the coin couldn’t maintain these heights, Shiba Inu still has huge backing on Reddit and can often provide double-digit returns on certain days due to its low price. The main thing holding Shiba Inu back is a lack of real-world use cases, although this looks to be rectified by the launch of ShibaSwap – the native DEX of Shiba Inu. This marketplace offers token swapping, liquidity pools, and even an NFT trading platform. All in all, if more utility can be added to the coin, it would undoubtedly lead to a more optimistic Shiba Inu price prediction for many investors.

Buy Shiba Inu Now

Cryptoassets are a highly volatile unregulated investment product.

14. Cardano – Top Third-Generation and Highly Functional Penny Crypto

Cardano was created in 2017 and is one of the top cryptocurrencies by market cap. At the time of writing, Cardano has a market capitalization of over $37 billion. The maximum supply of Cardano tokens is 45 billion. Cardano is also a highly functional digital currency. This penny crypto was created as a next-generation evolution of the Ethereum concept. The Cardano blockchain is a sustainable, scalable, and flexible platform for running smart contracts. This makes way for the creation of a variety of decentralized finance apps, games, new crypto tokens, and more. Cardano aspires to be the most environmentally-friendly blockchain platform available. Instead of the energy-intensive proof-of-work approach used by the likes of Ethereum, it employs a unique proof-of-stake consensus process called Ouroboros. Cardano also intends to decentralize entirely. This will be achieved by implementing community-driven governance, in addition to an automated treasury mechanism to fund the network’s development. This is possibly the best penny crypto to buy for those who believe the world will move towards a decentralized future. This is because, with such a large market cap, this digital currency is likely to be reactive to market prices. As such, Cardano should grow along with the broader crypto market. ADA went up 50% after we made this Cardano price prediction.

Buy Cardano Now

Cryptoassets are a highly volatile unregulated investment product.

15. Basic Attention Token – Great Penny Crypto for Long-Term Investors

Basic Attention Token has been around since 2017 and is a great choice for long-term investors. At the time of writing, Basic Attention Token has a market capitalization of 1 billion dollars. The maximum supply of this penny crypto is 1.5 billion tokens. This crypto project also serves a purpose. Put simply, Basic Attention Token is a blockchain-based system that uses the Brave web browser to track media users’ attention and time on websites. The tokens are transferred between users, publishers, and advertisers. As such, Basic Attention Token acts as the reward unit in this advertising ecosystem. Its purpose is to share advertising money effectively between marketing agencies, publishers, and users of online material and adverts, and it is built on Ethereum. Crucially, a small percentage of this funding goes to advertisers, while 70% is distributed to users. As a result, the intermediaries that traditionally drive up advertising prices are removed from the equation to increase cost-efficiency. As such, this is one of the best penny cryptocurrencies to add to your portfolio.

Buy Basic Attention Token Now

Cryptoassets are a highly volatile unregulated investment product.

What is Penny Crypto?

Penny cryptocurrencies, like equities, trade for a few cents or less than $5 per unit. They are inexpensive to invest in despite being high-risk ventures, which is what makes them so attractive to crypto traders. Today we have reviewed the best penny cryptocurrency to invest in right now. However, you should always make sure you have conducted plenty of research yourself before risking any of your hard-earned cash on the cheapest crypto.

Is Penny Crypto a Good Investment?

The best penny crypto to invest in should have the ability to grow in value over time. Otherwise, it’s illogical to add it to your portfolio. Below we discuss some of the reasons you might elect to buy the top penny cryptocurrencies for 2022 : You Don’t Need to Have a Big Account Balance to Buy Penny Crypto One of the most obvious advantages of learning how to buy penny cryptocurrencies is that you don’t need to have a big account balance. That is to say, with all tokens coming in at less than $5, you could invest in hundreds of different cryptocurrencies for less than the cost of a single Bitcoin or Ethereum, for example. The minimum deposit on regulated crypto platform eToro.com is just $10 for US and UK traders, and slightly more internationally.

Buy the Best Penny Stocks to Diversify Your Portfolio of Investments

As well as the cost-effective nature of buying penny crypto, you can also minimize risk by not allocating hundreds or thousands of dollars to a single speculative asset. As such, although there is still a risk, you don’t have to put all of your eggs in one basket. It’s easy to build a diverse and well-rounded portfolio of digital currencies, and with very little cash outlay. eToro is an online brokerage that offers the top penny cryptocurrency of 2022 we talked about today. There are also tons of others, with super low commissions and you can risk as little as $10. You can also access penny cryptocurrency stocks with 0% commission.

How to Buy the Top Penny Crypto – FGHT Guide

Our recommendation for the best penny cryptocurrency to invest in is FGHT.

Step 1 – Create a Cryptocurrency Wallet : Download a crypto wallet such as MetaMask and connect to the FightOut website. : Download a crypto wallet such as MetaMask and connect to the FightOut website. Step 2 – Buy ETH/USDT and Connect Wallet : FGHT can be swapped with other ERC-20 tokens such as USDT or Ethereum. They can be purchased from a suitable crypto exchange and transferred to your respective crypto wallets or bought directly from FightOut’s website via Transak. After buying the tokens, head over to the website and click on ‘Connect Wallet’. : FGHT can be swapped with other ERC-20 tokens such as USDT or Ethereum. They can be purchased from a suitable crypto exchange and transferred to your respective crypto wallets or bought directly from FightOut’s website via Transak. After buying the tokens, head over to the website and click on ‘Connect Wallet’. Step 3 – Buy FGHT : After connecting the wallet, choose to purchase FGH with either Ethereum or USDT. Select the number of IMPT you wish to buy, and complete the process by selecting ‘Convert’. : After connecting the wallet, choose to purchase FGH with either Ethereum or USDT. Select the number of IMPT you wish to buy, and complete the process by selecting ‘Convert’. Step 4 – Claim FGHT Coins: After the FightOut presale concludes, traders can access their tokens from the platform’s website.

Visit FightOut Now

Cryptoassets are a highly volatile unregulated investment product.

Where to Buy Other Penny Cryptocurrencies

If you are interested in buying some of the other penny cryptocurrencies that we mentioned today, eToro is the overall best place to complete your investment.

Here’s why:

eToro – Best Place to Buy Penny Crypto in 2022

eToro is the overall best place to buy penny crypto in 2022 – as the platform offers a slew of benefits. The trading costs are low at eToro, not least because you will pay a mere 1% to buy and sell any cryptocurrency of your choosing. eToro offers access to 59 cryptocurrencies, as well as numerous other assets. If you feel comfortable with the idea of buying penny crypto and storing it in a wallet, there’s an app for that. The eToro Money wallet comes in the form of a crypto app and safeguards your investments with a range of security features. This includes standardizations protocols, DDoS Protection, sophisticated signature mechanisms, and more. This broker serves more than 25 million traders and is regulated by multiple regulators, which include the SEC and the FCA, among others. The aforementioned crypto wallet is regulated by the GFSC. The main trading platform is really simple to use and navigate. Furthermore, investors who don’t feel comfortable looking after a wallet and private keys can keep things simple by opting to buy penny cryptocurrencies on the main platform. In this case, when you’ve placed an order, eToro will add the tokens to your portfolio, which is accessible any time you log into your account. It’s also super easy to cash out as the broker simply buys the tokens back. The minimum stake is $10 at eToro. If you later decide to invest in pricier assets, the same applies as the broker supports fractional trading. You can also access stocks and ETFs with 0% commission if you wish to diversify later. You can take a hands-off approach to trade if you wish. eToro offers smart portfolios focused on cryptocurrencies. This means you are able to allocate funds to a carefully selected basket of tokens. There are 12 to choose from, and plenty more focused on other markets. Copy trading is one of the most popular features at eToro and copy traders made an average 30.4% return on investment (ROI) last year. Choose a pro whose preferred market is cryptocurrencies and invest some of your funds in that person. Each time they buy or sell cryptocurrencies, it will be mirrored in your portfolio, in proportion to the amount you allocated. Payment options are plentiful and include e-wallets like Skrill, PayPal, and Neteller. You can also finance your crypto investments using a credit/debit card, wire transfer, or traditional online banking. As a US client, there are no deposit fees to pay.

Buy Penny Crypto on eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Latest Penny Crypto News

Finally, let’s take a quick look at some important penny crypto news events for the week beginning December 19th 2022 – ensuring you’re up-to-date with the latest goings-on: An Argentinian province has announced the pending launch of its own USD-pegged stablecoin. This stablecoin will be available to over 430,000 people and will be 100% collateralized. Bermuda-based asset provider Jewel Bank has announced it will launch a new stablecoin powered by the Polygon blockchain. This stablecoin, called Jewel USD, will allow real-time settlements and be pegged to the US Dollar. Solana-based DeFi platform Radium has reportedly been the victim of a cyberattack. Around $2m was bridged to the Ethereum blockchain after someone was able to hack into the exchange owner’s account.

Conclusion

In this guide, we analyzed the best penny crypto to buy as well as blockchain-focused stocks as alternative ways to invest in the industry. In terms of how to buy penny cryptocurrencies, we recommend regulated platform eToro. We consider one of the best penny cryptos to be FGHT – the native cryptocurrency of move to earn platform rewarding users for pursuing an active lifestyle by strengthening their bodies. Currently, FGHT is available to purchase during its presale for $0.016 per token.

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