If you are looking for the best penny cryptocurrency to invest in 2023, this analysis can be helpful for you. The cryptocurrency market is growing day by day. Today, if you’re looking for an investment, the most likely people may suggest cryptocurrencies.
In the investing world, it is said that the best investor is the one who diversifies their portfolio. Bitcoin (BTC) was the first cryptocurrency to come out and is currently the top-rated crypto by market capitalization.
However, while most people would wish to buy Bitcoin, it is a bit expensive. BTC/USD price is currently hovering at $61,517 on CoinMarketCap so it’s not possible to buy for all.
Apart from price, it would take a long before one achieves the desired return on investment when they invest in Bitcoin. But now there are many penny cryptocurrencies that are giving handsome returns to their investors.
We have compiled some of the best penny cryptocurrencies to invest in 2022 that can give you great returns by investing:
Best Penny Cryptocurrency to Invest in 2022:
1. Shiba Inu Coin
Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.” The meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and Tweets from personalities like Elon Musk and Vitalik Buterin.
On Sept. 17, 2021, Coinbase, the largest US-based crypto exchange, listed Shiba Inu on its platform. This news caused the Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.
If you would like to know where to buy SHIBA INU, the top exchanges for trading in SHIBA INU are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. Currently, SHIB is one of the best penny cryptocurrencies to invest in in 2021.
2. Wink Coin
Despite being a novel cryptocurrency launched in recent years, Wink Coin’s success has reverberated through the DeFi roof expansively.
The partnership will set the crypto market on fire as it will further diversify use cases in the NFT (non-fungible token) sphere. The alliance marks the debut of WIN, WINkLink’s token, in the realm of NFT. This makes a significant impact on the annual percentage yields of Win tokens.
The main reason for WINkLink is the assurance of speed. A decentralized platform only adds to the algorithm of safety with speed, ultimately making the masses trust the platform.
If you would like to know where to buy WINkLink, the top exchanges for trading in WINkLink are currently Binance, Mandala Exchange, KuCoin, HitBTC, and ZT.
3. Kishu Inu Coin
“KISHU INU was created in April 2021 with the goal of being a decentralized meme project with a true purpose.
KISHU’s mission is to bring popular cryptocurrency concepts to the mainstream. Unlike older, comparable projects, KISHU introduces holders to next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and more.
Within the first month of its launch, KISHU made history by surpassing a $2 billion market cap and over 100,000 holders. This was an unprecedented milestone for a project of its kind, and proved the world’s belief in the project.”
If you would like to know where to buy Kishu Inu, the top exchanges for trading in Kishu Inu are currently OKEx, CoinTiger, ZT, Gate.io, and BKEX. You can find others listed on our crypto exchanges page.
4. SafeMoon (SFM)
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition, and Burn.
have. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency. With SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they
SafeMooon Protocol will be expanding to include an NFT marketplace and coin launchpad which will allow users to create their own cryptocurrencies via the platform.
SafeMoon protocol has an ambitious roadmap thanks to its growing popularity and they wish to be listed on the leading exchanges, launch a decentralized exchange (DEX), and increase their partnerships in 2022.
If you would like to know where to buy SafeMoon, the top exchanges for trading in SafeMoon are currently ZBG, Gate.io, PancakeSwap (V2), Bitrue, and LBank.
5. Harmony One Coin
Harmony is a blockchain platform that facilitates the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows the creation of blocks in seconds.
Focusing on processing speed and validation, the Harmony mainnet aims to revolutionize block creation. The project’s Harmony Grants program is an initiative that aims to support innovation and attract developers to the Harmony mainnet.
In recent months Harmony coin gain massive popularity and now it’s growing faster with its strong community. You can invest in Harmony for handsome returns after a self-analysis.
If you would like to know where to buy Harmony, the top exchanges for trading in Harmony are currently Binance, Mandala Exchange, Huobi Global, KuCoin, and HitBTC.
6. Dent Coin
Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups, and a roaming-free experience. As like mentioned above crypto coins, Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021.
If you have ever heard about the Dent platform then maybe you are aware that it is a revolutionary player in the market of mobile communications and data services. Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator.
Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. The unique idea behind Dent is attracting investors since its launch date.
If you would like to know where to buy Dent, the top exchanges for trading in Dent are currently Binance, Mandala Exchange, FTX, Upbit, and KuCoin.
7. EFX Coin
Effect Network (EFX) is a cryptocurrency and operates on the BSC and EOS platforms. Controlled by EffectDAO, their main product is Effect Force: The first Blockchain-based framework for the Future-of-Work.
Currently, there are over 10,000 people earning great pay in the cryptocurrency EFX. You can now work from anywhere at any time from any device.
DAOs and distributed organizations rely heavily on the contribution of their members. A key method that allows its members to add value to the network.
If you would like to know where to buy Effect Network, the top exchanges for trading in Effect Network are currently KuCoin, PancakeSwap (V2), Bitbns, and Newdex.
8. Bittorent Coin
BitTorrent is a popular peer-to-peer (P2P) file-sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by the blockchain platform TRON in July 2018.
Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT now lives on TRON’s own blockchain, using its TRC-10 standard.
According to its official whitepaper, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.
If you would like to know where to buy BitTorrent, the top exchanges for trading in BitTorrent are currently Binance, Mandala Exchange, OKEx, FTX, and CoinTiger.
9. Nucleus Vision Coin
Nucleus Vision (also known as NCash) launched in 2014 aims to bridge the divide between the online and offline retail world.
The project is an IoT-based, contactless identification system that enables retailers to identify and better serve their customers by using customers’ records to make precise decisions on product preferences without the use of WiFi or Bluetooth.
The NCASH ERC-20 token functions as a currency in the Nucleus Vision ecosystem. The unique idea behind NCash makes it a good investment. According to our analysis, Nucleus Vision is one of the best penny cryptocurrencies to invest in 2022.
If you would like to know where to buy Nucleus Vision, the top exchanges for trading in Nucleus Vision are currently Binance, Huobi Global, Bitrue, WazirX, and CoinDCX. You can find others listed on our crypto exchanges page.
10. Telcoin
Telcoin (TEL) is the native medium of exchange, reserve asset, and protocol token of the Telcoin user-owned, decentralized financial platform. TEL enables end-users to seamlessly access and power a global suite of user-owned, decentralized financial products.
The Telcoin Platform is a user-owned, decentralized financial platform. It is powered by active Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers.
Telcoin aims to productize decentralized finance into seamless, automated, user-owned applications and distribute those products and services through telecoms to every mobile phone user in the world.
The unique idea behind Telcoin makes it an attractive coin for investment. If you would like to know where to buy Telcoin, the top exchanges for trading in Telcoin are currently KuCoin, HitBTC, Uniswap (V3), Bitrue, and QuickSwap.
Final Words
Cryptocurrency trading is subject to market risk. In the recent bearish events, along with BTC and ETH many crypto projects have lost their value by 60%. We suggest our readers conduct the maximum possible research before making any investment decision. These days cryptocurrencies are behaving like a roller coaster. Before any investment, investors must check the technical part and past performance of crypto projects as well.
