Did the news of Bitcoin reaching its all-time high value hook your interest to significant ROIs associated with crypto? Yet sooner the crypto market crash due to it reminded you of its volatility?
It’s obvious to feel so, yet you would have the hidden urge to try investing in crypto without breaking the bank. Low-cost investments help you assess the markets better and even risk only the money you can afford to lose.
Here’s where you would be looking for the best penny cryptocurrencies to buy now, and I’ve covered you all with it!
8 Best Penny Cryptocurrencies To Buy Now in 2024 –
The current crypto market needs to be more saturated with newer tokens launched daily. While developing your utility token takes nearly 20 minutes, only some investments are safe. There are various factors to consider about its revenue, liquidity issues, ROI, and downfall.
Amongst these, only a few are worth the investment. To help you, we have suggested our preferred penny cryptocurrencies to buy now.
Let’s check the 8 Best Penny Cryptocurrencies To Buy Now in 2024 for maximum returns:
- DarkLume (DLUME)
- SimuGaze (SGAZE)
- TRON (TRX)
- Fetch.ai (FET)
- Proton (XPR)
- Harmony (ONE)
- Holo (HOT)
- Ankr (ANKR)
But it’s easier to list out, yet you would be wise enough to be curious to know why you should invest in it. Well, keep reading to know more!
1. DarkLume (DLUME)
Are you looking for a profitable penny cryptocurrency investment that would also help you make more money by participating in a digital world?
If yes, then DLUME is your gateway to freedom!
The platform DarkLume has a virtual world where users can play in different countries, own their citizenship, and much more. You can even chill, relax, entertain yourself, and engage in activities like dating.
Similar to the real world, there would be various more accessible opportunities to earn money on the platform. Besides, the platform already has various staking options where you can contribute to its ecosystem development. Thus, with its great potential, your ROIs would increase rapidly.
>>Click here to visit DarkLume
Its utility tokens are priced at around $0.02; hence, you can begin with a minimal amount. A more significant number of DLUME allocations to users decreases sales pressure on veteran crypto tokens.
Further, it has already laid out its plan for development, expansion, and upscale for the coming years, ensuring a safer investment. Hence, you are less prone to face liquidity issues, unlike those with FTX.
2. SimuGaze (SGAZE)
What if investing in a penny crypto offers an exponentially growing ROI?
If yes, SimuGaze is one of the best cryptocurrencies you cannot afford to miss.
The platform provides an enhanced VR experience for games, racing, simulation, and other activities. Since VR games are more like digital Formula 1 racing, they have gained excellent traction. As these utilities grow in popularity, more investors are turning towards it.
>>Click here to visit SimuGaze Presale Page
Its initiative to provide SGAZE tokens as a reward in various tournaments further contributes to its demand. This continually increases the latter, and in the future, the supply can be less in comparison, thus increasing its price.
The platform was launched yesterday and allocated 50% of its tokens solely during the launch. This suggests the increased bullish sentiments of its utility token SGAZE. Also, its stability is evident because it already has a $27.57 million market cap.
Since the platform doesn’t settle but continually takes the initiative and develops related utility interests, it has a greater scope. With its adoption already on the rise, investors would likely experience a significant exponential ROI in the coming time. So, what stops you?
3. Tron (TRX)
How about a penny cryptocurrency, which provides a medium to join content creators with potential prospects?
If yes, then TRON is a must-check under your list!
TRON is well renowned for having the largest OS based on blockchain. Its support for content creators is evident from its acquisition of BitTorrent in 2018. Its token TRX is stable, with the most minor fluctuations occurring since 2017. Hence, the ROI will be less pronounced, and there’s a lesser risk of loss.
The TRON blockchain is innovative and stable, with its capacity to configure smart contracts and develop apps for it as well. The network procures a friendly medium for P2P transactions for content creators and their prospects.
From the investment perspective, it ranks amongst the 50 most massive cryptocurrencies in terms of market cap. Its negligible volatile history is a further ado with a minimal amount to invest in. Its price usually varies between $0.0/ and $0.15.
4. Fetch.ai (FET)
What if you could visualize your trading decisions in real time and even test market conditions’ impact with it?
If this sounds interesting for testing your trading prototypes, then Fetch.ai is for you!
It utilizes the power of Artificial Intelligence, Machine Learning, and blockchain as a common platform, thus offering the option of digital twins. The latter simulates your real-time decisions and triggers them based on market moves. Hence, you can make informed decisions.
Accordingly, with a strategic analysis and diversification of your portfolio, you can assess potential risks like liquidity, volatility, etc. AI and ML, together, analyze the markets frequently.
You can even trade faster with better efficiency by investing in it. Fetch has its crypto token FET, which has an underrated potential and is stable with a penny value.
5. Proton (XPR)
Are you looking for a penny crypto where your returns would increase with increasing blockchain adoption?
If yes, then Proton is a must-check under your list!
It is a payment-based blockchain that uses different identity patterns, tokens, and records to record transactions. Thus, your ROI will improve significantly with more people engaging with decentralized payments on this platform.
It can handle up to 4k transactions per second, and its adoption could increase with such efficiency. Blockchain uses DeFi, and hence, the risk of scams increases. Here’s where Proton proves a safer alternative, which verifies identity before transactions.
By investing in its token XPR, you can unveil more assets, as it could provide better staking options. Though it performs identity verification and records them, it only does so with permissions. Hence, it owes to its DeFi mechanism aptly.
With a nominal trading value swinging around $0.02, you can begin investing in it now. Yet, it has a small market cap.
6. Harmony (ONE)
How about investing in crypto with a blockchain network that utilizes sharding for more efficiency and faster response?
Well, if yes, then Harmony is a must-check under your list!
It uses random sharding, splitting a task into fragments and randomly passing them for better routing. This increases the performance and increases the speed of the platform. The infrastructure is specially designed to support decentralized applications and its processes.
Another lucrative feature is its lower transaction fees compared to blockchains like Ethereum. It even manages the congestion accordingly. Though a penny cryptocurrency, its token is among the top 100 tokens. Additionally, it’s price lies between $0.05 and $0.30.
7. Holo (HOT)
How about developing a peer-to-peer decentralized app hosting platform where you can also earn money?
Though it seems like a crypto faucet, Holo is a different blockchain with its HOT token. It’s a platform where you can host applications, ditching the conventional blockchain, and it helps with direct user interaction.
It leverages a next-gen technology, Holochain, for P2P applications and rewards them with HoloFuel, another crypto reward token. This cloud hosting platform, “Holochain,” is primarily for developers who can develop dApps, modify the source code, and share accordingly. Hence, the open-source application is an asset for those wanting to create such applications.
Everything you invest in this penny crypto is used to improve the ecosystem. Thus, more applications hosted ensure a better ROI.
With a minimal investment of $0.02, users who have invested in it have attracted huge returns. Starting in 2018, in 2021, Holo bagged a place in the top 100 cryptocurrencies, ensuring a better scope.
8. Ankr (ANKR)
What if a penny crypto platform offers accessible decentralized cloud computing services for developers, investors, and enterprises?
If yes, then Ankr is a must-check under your list!
Ankr is a vast cloud computing decentralized network for cryptocurrency needs. Its comprehensive tools suite makes this platform versatile for developing varied dApps. It can provide a blockchain network for crypto tokens, smart contracts, and projects.
Developers use this blockchain for an easily accessible, affordable, efficient, and faster network. Investors can stake their ANKR tokens for long-term investments and increased ROI on better ecosystem development and usage.
Even enterprises leverage this platform for interaction with Web3, using better adaptability. This is because it uses less complex infrastructure and promotes better accessibility.
Further, with a price range between 2 and 20 cents, its token stands distinct amongst the top 150 cryptocurrencies, specifying stability. With better growth, its sentimental analysis can further increase the bullish sentiments.
The Wrap Up on Best Penny Cryptocurrencies To Buy Now in 2024
When figuring out budget-friendly investments, penny crypto is the ultimate solution. Yet there are various concerns, like what if you couldn’t withdraw your holdings? They keep declining and are similar. Hence, assessing the project roadmap, current performance, and ecosystem potential is essential.
Our list of best penny cryptocurrencies to buy now is ordered based on its rankings. So yes, SGAZE and DLUME are ahead of their time and can compete with Web5 in the coming years.
What’s stopping you from making profitable investments? Plan to make money with penny crypto now!
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