Are you looking for the best crypto under a penny? There are many penny cryptocurrencies out there with the potential to offer attractive returns. Their low prices make them an appealing option, especially for beginners who want a small initial investment. We all know that the crypto market is full of innovations that have so much promise.

So if you don't know where to start investing your money effectively and safely in this exciting market space, read for the 15 best cryptos under a penny.

What is a penny cryptocurrency?

Penny cryptocurrency investment can give you a high ROI with a low initial investment. The crypto list below sells for less than $1. You can build a beneficial crypto investment portfolio if you invest a lot of money in buying diverse assets. Always be aware that cryptocurrency is quite volatile. So, it is recommended that you conduct your own research to identify the most advisable one that has the potential to make significant profits in the future.

Penny Cryptos To Buy Now

crypto-com-chainCronos
$ 0.0680581.43%
the-sandboxThe Sandbox
$ 0.6129394.31%
shiba-inuShiba Inu
$ 0.000011.75%
stellarStellar
$ 0.1036571.47%
decentralandDecentraland
$ 0.5733884.1%
chilizChiliz
$ 0.1164162.12%
republic-protocolREN
$ 0.1056624.36%
vechainVeChain
$ 0.0225532.71%
basic-attention-tokenBasic Attention
$ 0.2477612.05%
zilliqaZilliqa
$ 0.0274281.99%
cardanoCardano
$ 0.3725383.86%
battle-infinityBattle Infinity
$ 0.0010313.52%
galaGALA
$ 0.0401692.26%
matic-networkPolygon
$ 1.083.16%
dogecoinDogecoin
$ 0.074212.09%

A closer look at the Best Cryptos Under a Penny

Read on for the best crypto under a penny to buy in 2022;

15 Best Crypto Under a Penny to invest in

1. Cronos (CRO) - Native Ecosystem Token backed by
Crypto.com

CRO Table
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Cronos - Best Crypto Under a Penny

Cronos is the best crypto under a penny to invest in for beginners. The market has shown that native exchange tokens can offer significant benefits for both users and exchanges, such as Binance's BNB. Cronos (CRO) is also the native token of Crypto.com which is a very well-known cryptocurrency exchange.

Crypto exchanges typically distribute their coins to millions of customers, and the industry has already seen CRO surge more than 1,000% in a few months during 2021. The CRO token is a key part of the Crypto.com ecosystem and offers many perks to users, platform affiliates and communities. CRO is currently available at many exchanges.

2. The Sandbox (SAND) - Native ERC-20 Token for Value Transfers in Metaverse 

SAND Table
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The sandbox - Best Crypto Under a Penny

The SandBox is surely the best penny cryptocurrency to invest in 2022. Yet another ERC-20 utility token, The Sandbox is intrinsically tied to the gaming industry and its attempts at community-driven monetization of the gaming experience via the blockchain. 

The Sandbox software essentially allows players to earn non-fungible tokens just with their gaming effort. In this virtual world game, users can invest in and develop virtual real estate that can be monetized outside the virtual world, of course.

The Sandbox also provides software for creating additional gaming experiences that can be further infused with NFTs and monetized via the platform.

3. Shiba Inu (SHIB) - ERC-20 altcoin & Famous Meme Coin

SHIB Table
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SHIBA INU- Best Crypto Under a Penny

Shiba Inu is also the best crypto under a penny on the market. The vast majority of crypto investors will have known of this currency by the end of 2022, following Dogecoin's amazing growth. SHIB, like Dogecoin, was intended to appeal to individual investors, but it eventually ended up catching the spotlight of the media.

Although the coin was unable to maintain at times, Shiba Inu continues to have strong support on Reddit and can frequently deliver double-digit profits on certain days because of its low pricing.

The biggest issue holding Shiba Inu back is a lack of practical use case scenarios, which appears to be changing with the release of ShibaSwap.

Token trading, liquidity pools, and even an NFT trading platform are all available on this market. Overall, if other uses can be introduced to the SHIBA many investors will surely invest more hopeful Shiba Inu price prediction.

4. Stellar (XLM) - Best for Supply Chain and Logistics Investments

XLM Table
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Stellar Crypto

If you want to invest in penny crypto, consider those with real-world uses, such as Stellar, as their base value grows over time. Indeed, Stellar (XLM) is the best crypto under a penny.

Stellar Lumens and its underlying cryptocurrency XLM have also found wider usage in the remittances, logistics, and borderless money transfer industries. The technology enables global asset transfer in a secure, rapid, and dependable way.

Using Lumens as the exchange token, everyone can create, send, and trade representations of any kind of money, like dollars, euros, pesos, Bitcoins, or anything else.

XLM functions as a low-cost and quick cross-border payment option. The platform lets anybody issue tokens through ICOs or token funding, just like Ethereum.

Stellar blockchain and XLM tokens have been used by many businesses since they were created. Mobius Network, SureRemit, and Smartland are a few examples. It has already been embraced by hundreds of solutions across a variety of business sectors. It is the reason the token has grown in value and is an excellent penny stock to hold.

5. Decentraland (MANA) - Popular Currency used in the Metaverse

MANA Table
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Decentraland - Best Crypto Under a Penny

Another digital universe created on Ethereum's blockchain, Decentraland is a gaming-slash-simulation platform that has recently seen a significant increase in total user numbers. MANA is a famous currency in the Decentraland metaverse.

MANA is now available for purchase on a number of prominent exchanges. It is a coin on the Ethereum blockchain that is utilised in the Decentraland metaverse platform. MANA can be used to buy property, goods, and services in Decentraland, but it can also be traded for US dollars on crypto exchanges.

Decentraland's major trading activity is digital real estate, as you may buy and sell parcels of land there. The universe is created by its users and is not restricted thematically or in any other manner save by the users' creativity.

Real estate in Decentraland has sold for as much as $2.4 million. MANA might be an excellent investment as the metaverse rises in popularity and is currently the best crypto under a penny.

6. Chiliz (CHZ) - Platform with a Sports Focus & Fan Tokens

CHZ Table
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Chiliz - Best Crypto Under a Penny

Next on the list is Chiliz which is also the best crypto under a penny. Chiliz is a blockchain platform that includes two other platforms: socios.com and the tokens. The platform called Socios.com allows fans to support their favourite teams and participate in decision-making for such teams. 

For example, supporters can vote on things like clothing designs and training facility names. These team supporters can also vote or exchange value using the fan tokens supported by the platform. 

The tokens also function as loyalty cards, granting users access to retail discounts and unique experiences. Token ownership enables users to save when purchasing items, receiving prizes and engaging with the APP. Fan Tokens, Locker Tokens, CHZ, and NFTs are among the tokens supported by the network.

The firm operates with the clubs FC Barcelona, Atletico Madrid, Juventus, AC Milan, and PSG. More partnerships could further boost its value, making it the best crypto under a penny to invest in. This is in addition to the vastness of the sports world. It is likely to sign other agreements with organizations such as the NFL and NBA in the United States.

7. Ren (REN) - Best Penny Crypto with Upside Potential

REN Table
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REN - Best Crypto Under a Penny

Crypto investors have invested hundreds of billions in DeFi. However, a few barriers prevent it from taking over the global finance industry. Ren, an Ethereum protocol, aims to address two major issues: interoperability and liquidity.

REN enables DeFi platforms to accept liquidity in the form of foreign cryptos such as Bitcoin on an Eth-based DeFi platform. It is all without the requirement for middlemen. The DeFi niche is projected to continue booming in the coming months and years, with inflows and user numbers both increasing. This increases the need for foreign crypto liquidity.

All of these factors have persuaded us that REN is best crypto under a penny and one of the top penny cryptocurrencies to purchase in 2022. Currently, it's trading at a discount of 90% of its all-time high. A lot of positive forecasts believe it will reclaim and surpass this record price when it rebounds by 2000% to hit $20 before the end of the decade.

8. VeChain (VET) - Best for Supply Chains, IoT, & Logistics Investments

VET Table
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Vechain - Best Crypto Under a Penny

VeChain is a blockchain service platform primarily for organisations looking to combat counterfeiting. It makes use of IoT to track and authenticate products and services during trading.

Each product has its unique code, which may be used to trace it on the blockchain. A store or consumer can learn where, when, how, and which company is responsible for transporting the product in this manner.

Clients can also use the service to track on-transit items in order to determine their location during shipping, etc. Given its use in the enormous supply and logistics industry, it is a valuable penny stock to invest in.

9. Basic Attention Token (BAT) - Rewards for attentive digital Ad observation 

BAT Table
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Basic token attention - Best Crypto Under a Penny

The Basic Attention Token is a digital advertising token that is built on the Ethereum network. Brendan Eich, a co-founder of Mozilla Firefox and developer of the programming language JavaScript created it as a platform token for the Brave browser.

BAT supports the distribution of ad revenues among advertisers, content creators, and readers. The proprietary Brave browser allows consumers to browse the web secretly and view advertisements that are more relevant to them

 Advertisements and publications can also be paid for by content publishers. This helps advertisers to obtain a better return on their ad budget while also rewarding users for watching promotional content.

The native Brave Browser has swiftly gained traction and shows promise for future expansion. As a result, it may be worthwhile for new investors to try out the browser to determine if they like the technology. Thus BAT is also one of the best crypto under a penny to invest in.

10. Zilliqa (ZIL) - Best for long-term holders & investors

ZIL Table
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Zilliqa crypto

Next on our list is Zilliqa which is also the best crypto under a penny. Singapore-based Zilliqa utilises sharding as a scaling option to increase the volume of transactions per second. To prevent a node from manipulating a block, each shard is limited to 600 nodes.

Academics, technologists, and entrepreneurs established the blockchain at the National University of Singapore. It was stated in 2019 to be capable of supporting 2,828 transactions per second. While the limit is ideally unlimited because it depends on the number of nodes, which might be limitless.

There are numerous reasons why this could be a terrific penny stock to invest in this year. The current circulating supply is 14.9 billion units, out of a total of 21 billion maximum limits. This is a competent team of National University of Singapore academics with a strong attitude.

11. Cardano (ADA) - POS Network with Staking Pools

ADA Table
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Cardano - Best Crypto Under a Penny

Cardano was founded in 2017 and is one of the top penny cryptos in terms of market cap. It is also a very useful digital currency. This penny cryptocurrency was developed as an extension of the Ethereum concept.

The Cardano blockchain is a long-term, scalable, and adaptable platform for smart contract execution. It paves the door for the development of a wide range of decentralized games, finance apps, games, new crypto coins, and other products.

It uses a novel POS consensus technique called Ouroboros instead of the energy-intensive proof-of-work approach employed by Ethereum and others.

Cardano may be the best crypto under a penny to invest in if you believe the world will progress toward a decentralized future. Because of its enormous market capitalization, this digital currency is likely to react to market prices.

12. Battle Infinity (IBAT) - Digital Gaming Platform with Metaverse World

IBAT Table
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Battle infinity - Best Crypto Under a Penny

People looking for another crypto that is less than a penny need to go no other than Battle Infinity. This interesting new metaverse-based ecosystem appears to be making ripples in the crypto space. Thanks to the many play-to-earn (P2E) features that give users the chance to make a steady stream of money.

With the addition of NFTs, Battle Infinity is a real "all-in-one" platform that has been KYC-verified by CoinSniper. The Battle Infinity experience is comprised of six parts, each of which provides a unique way to generate revenue. There is a specialised crypto staking mechanism as well as an NFT marketplace built in. 

Users can win awards for skilled gameplay in the form of $IBAT which is the native token of Battle Infinity. With the platform's recently formed Telegram group already growing. This coin under a penny appears set to gain a lot of attention in the coming months.

13. Gala (GALA) - Web3 Ownership-Enabled Games Pioneer 

GALA Table
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Gala - Best Crypto Under a Penny

Gala Games is one of the market's most interesting and underappreciated blockchain-based gaming startups. The GALA team is in charge of a number of significant projects, including the upcoming play-to-earn game Walking Dead: Empires.

The majority of other Web3 gaming and metaverse projects, however, feature graphics that are comparable to those of 2006 games you would have played on a friend's PC. Gala is stepping up its efforts to ensure that gamers are engaged with excellent graphics and truly thrilling gameplay.

The platform's native token GALA identify in-game assets owned by users and allows them to purchase and sell various parts of the game on the Gala marketplace.

While there aren't many Gala Games available right now, the team is working on many initiatives that could potentially improve the price of GALA.

Overall, we can say that the GALA token is the best crypto under a penny to keep an eye on, with a pretty excellent lineup of soon-to-be-released games.

14. Polygon (MATIC) - Solution for Multi-Chain Scaling on ETH Network 

MATIC Table
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Polygon - Best Crypto Under a Penny

Polygon began as real penny crypto, trading for less than 2 cents in 2021 before rising. It is meant to handle transactions faster than the Ethereum blockchain, and investors appreciated it pretty quickly.

Polygon is the most popular and widely used Ethereum layer-2 protocol. It includes several scaling strategies, including all rollup chains, making the Ethereum-based program as quick as its supposed Ethereum rival.

We anticipate a rapid increase in the price of MATIC tokens in the future, particularly if blockchain and crypto technology use increases. The exponential rate at which the Eth ecosystem is predicted to grow is the key reason why MATIC is listed as the best crypto under a penny to purchase in 2022.

Polygon also wants to bring its scaling solutions to blockchains other than the Ethereum blockchain. This would make it a highly decentralized and interoperable layer-2 scaling solution.

15. Dogecoin (DOGE) - Best Meme Penny Crypto to Buy

DOGE Table
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Dogecoin - Best Crypto Under a Penny

Dogecoin is referred to as the "King of Meme Coins." It takes its name from the Japanese dog breed Shiba Inu. It uses the same proof-of-work mining process as Bitcoin, however, the validation period for each block is reduced to one minute.

Aside from its popularity as a tipping coin, it is also used as a payment token on a variety of platforms. It sprang to prominence as a free-tipping cryptocurrency before reaching the mainstream list of coins.

Given its ever-growing community, it is now one of the most popular penny tokens and crypto to invest in. Also noteworthy is its acceptance as a payment token by well-known firms such as Tesla, as well as the recent news that it may begin extending use cases.

It has witnessed significant value increases in 2021 as a result of backing from powerful individuals and companies, which are expected to continue rising. So, it is also the best crypto under a penny in 2022.

How you can select the best crypto under a penny

Do your own crypto market research as with so many choices you can get confused. So, take some time to consider the benefits of each coin, market value, market cap, price estimates, and team reputation.

The project team should be competent in such areas and have familiarity with crypto and blockchain, while this is not required. A coin must have a strong community.

Make sure it is listed on Gemini, Coinbase, Huobi, OKEx, Bitmex, and any other crypto exchanges you choose.

Most crypto investors choose a coin with suitable market capitalization and supply range: Circulating supply should be in the region of 10 million to 1 billion coins. The large-cap penny crypto is also a big attraction for investors.

Check that the coin is traded for at least $1 million in 24 hours. 

Examine the coin's trading history, market performance, and estimates for the future. Based on the numbers and your evaluation of the information, it should be positive.

Lastly, you can also consult with a financial crypto advisor. Some people begin by purchasing a few tokens to see how it goes.

Is Penny Crypto a good investment?

It is tough to find the right token while selecting the most reliable platform and the best strategy to see your digital assets. Penny cryptocurrency is an investment that can grow in value over time. In any case, aiming for this is irrational. If you want to become a millionaire, the best penny cryptocurrencies listed above are worth investing in.

Benefits of Buying Penny Cryptocurrencies

So, we analyzed the best penny cryptocurrency to purchase in 2022. However, investors may be asking if penny crypto tokens are a good addition to their portfolio. More details on why it may be worthwhile to buy penny cryptocurrencies may be found below:

Potential of Attractive Gains

Bitcoin, Ethereum, and many more cryptocurrencies are currently market leaders. These coins have existed since a time when there was little interest in crypto-assets. In truth, the market was not nearly as full back then.

To use Bitcoin as an example, when it was originally exposed to the public, BTC tokens were valued at less than a cent. BTC tokens are currently worth more than $19,200 piece. Furthermore, Bitcoin's market cap has now crossed $1 trillion.

Thus, by selecting the correct project, investors could earn substantial rewards by investing as little as $1 in a coin.

Allows for Low-Cost Entry into the Crypto World

The initial investment required to enter the cryptocurrency industry has turned off many investors. However, this only applies to tokens such as Bitcoin, which, as previously said, trades for many thousands of dollars.

Diversity Crypto Portfolio

Why limit yourself to getting the best crypto under a penny? When faced with such volatility, some investors prefer to diversify their holdings among numerous inexpensive tokens rather than taking on too much risk at once.

This is far simpler to achieve with coins worth $1 or less. Having said that, investors must still perform extensive studies to acquire a thorough grasp of each project and the risks associated.

FAQs

Where is the best place to buy penny crypto?

The best place to buy penny coins is through the crypto exchange where they are listed. Presale coins typically have a native website where you can purchase them directly. If the token is already listed on an exchange, the easiest place to buy penny coins is through eToro, Pionex, or Binance.

What is the cheapest crypto to invest in?

Shiba INU, Battle Infinity, VeChain, Stellar, Chiliz, and Zilliqa are among the cheapest penny cryptocurrencies available today. They are currently valued at less than a dollar but they have enormous potential to expand and create major earnings in the future.

Which crypto is under a penny?

We have identified many best penny cryptos that are cheap to invest in yet have high long-term value. These include Stellar, Zilliqa, VeChain, Battle Infinity, Chiliz, and Dogecoin. Given their high-value potential, these are regarded as some of the best penny tokens to buy.

Final Takeaway

All the above-listed penny cryptos are promising penny cryptos to make money without risk. You can buy penny crypto assets on cryptocurrency exchanges or reputable online sites.

We have reviewed the penny cryptos that are currently priced at less than 1$ for you. These also VeChain, Stellar, Chilliz, Dogecoin, and Zilliqa, all of which have great potential. Each of these cryptos is ideal for those just getting started in the cryptocurrency market.


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