15 Best Penny Cryptocurrency to Invest in 2025

By Sam Cooling

Last Updated: Mar 5, 2025

Co-author

By Francesca Farrugia

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The best penny crypto to buy is a hot topic among investors who appreciate the opportunity to purchase numerous tokens for minimal investment. Penny cryptocurrencies, trading for under a dollar or even less, are particularly popular for their accessibility. This guide reviews the best options available in 2025.

Read on to discover which cheap cryptocurrency tokens offer the best long-term potential. We cover a wide range of projects, including presales, meme coins, and gamification ecosystems.

List of the 15 Best Penny Crypto to Buy Now

Consider one of the 15 projects below when choosing the best penny crypto to buy:

  1. Solaxy – Unlocking the full potential of Solana as its first Layer 2 solution.
  2. BTC Bull Token – Top penny crypto with free Bitcoin airdrops and deflationary token-burning campaigns.
  3. MIND of Pepe – Dynamic AI agent meme coin with autonomous and self-evolving features.
  4. Best Wallet Token – The fastest-growing next-gen crypto wallet’s native cryptocurrency.
  5. Meme Index – Trending decentralized platform offering market-wide meme coin exposure.
  6. Catslap – A cat-themed meme coin with a unique ‘Slapometer’ and 30% staking APY.
  7. POKE: Telegram platform on the Metaverse featuring NFTs & airdrops.
  8. SpacePay – Next-gen protocol offers crypto as a payment method for conducting daily transactions.
  9. Harry Hippo – Pioneering P2E gaming meme coin with AI-powered insights and NFT integration.
  10. Real Estate Metaverse – Penny crypto for fractional real estate ownership and rental rewards.
  11. Pepeto – Meme coin ecosystem on Ethereum, including an exchange, cross-chain bridge, and staking.
  12. Kaspa – Fast-growing layer 1 protocol with scalability and a 1-second block confirmation time.
  13. XRP – Large-cap penny crypto with banking partnerships, revolutionizing cross-border payments.
  14. The Graph – Top-rated blockchain data querying protocol, helping networks achieve efficiency.
  15. Shiba Inu – Popular meme coin with metaverse use cases, 149% growth in the prior year of trading.
  16. Basic Attention Token – Privacy-focused web browser with rewards, over 60 million monthly active users.

Top Penny Cryptocurrency for 2025: Our Analysis

We’ve analyzed the leading penny cryptocurrencies with potential, covering tokenomics, market capitalization, price action, and other important factors. Read on to choose the best penny crypto for your portfolio.

1. Solaxy – Unleashing Solana’s Full Potential with Layer 2 Scalability 

Solaxy ($SOLX) is the hottest penny crypto of the moment that aims to solve Solana’s scalability issues by creating the network’s first Layer 2 (L2) chain. The project aims to make transactions faster and more reliable by processing transactions off-chain.

The $SOLX native cryptocurrency powers the entire Solaxy ecosystem and operates on both Solana and Ethereum networks. The token’s multi-chain integration benefits from Solana’s processing speed and Ethereum’s DeFi capabilities and liquidity.

Solaxy presale

The $SOLX presale is live and has already raised over $25.92 million within a few weeks. Presale buyers can also stake the token and earn 157% APY.

Interested participants can buy $SOLX with ETH, USDT, BNB, or a credit card. At the time of writing, $SOLX is priced at $0.00166. Check out the Solaxy whitepaper for more information, and join the Telegram channel for more updates.

Visit Solaxy

2. BTC Bull Token – Meme-Based Penny Token Offering Free Bitcoin Airdrops

BTC Bull Token ($BTCBULL) is one of the best penny coins in 2025, as it’s the only meme coin to offer real Bitcoin token rewards for its holders. Incentives are linked to the price of Bitcoin ($BTC) as the project rolls out free Bitcoin airdrops, and $BTCBULL token burns at key Bitcoin price milestones.

In particular, presale buyers and $BTCBULL owners will be rewarded with $BTC coins through BTC Bull Token when Bitcoin reaches $150K and $200K. Once the airdrops are launched, Bitcoin rewards are sent directly to $BTCBULL holders’ wallets.

BTC Bull presale

Furthermore, native token burns will be initiated when Bitcoin crosses $125K, $175K, and $225K. Permanently removing $BTCBULL through token burns helps support the price of $BTCBULL and makes the token a more valuable buy for current investors and new users.

During its ongoing presale, $BTCBULL is selling out for just $0.002405. It also has a generous presale staking protocol that allows investors to stake their tokens to earn dynamic APY rewards.

For more information, visit the official website or join its active Telegram community.

Visit BTC Bull Token

3. MIND of Pepe – Advanced AI Meme Token Offering Exclusive Token-Gated Trading Insights

Next on our list is MIND of Pepe ($MIND), a new AI agent meme coin with highly autonomous features. As the first-ever meme crypto brand powered by AI, the project is breaking ground towards a revolutionary category in the crypto market.

The MIND of PEPE AI is deeply connected with the blockchain, allowing it to identify trends and utilize dApps to find numerous trading opportunities. Holders of the $MIND native crypto receive exclusive access to the meme coin AI’s analysis and privileged insights.

MIND of Pepe presale

During the ongoing $MIND token presale, individuals can stake the presale token and earn 312% dynamic APY. The project reserves 15% of the total token supply for staking rewards, and over 877 million $MIND tokens are currently being staked on the platform.

Buy $MIND tokens in the presale with ETH, BNB, USDT, or a credit card and take advantage of the discounted presale price of the MIND of Pepe token. Browse the project’s whitepaper and join the Telegram community for more information and real-time updates.

Visit MIND of Pepe

4. Best Wallet Token – Native Crypto of the Fastest-Growing Crypto Wallet with Exclusive Utility

Best Wallet Token ($BEST) is the native coin central to the Best Wallet ecosystem. By holding $BEST tokens, users not only support the development of the BEST platform but also benefit from the crypto’s unique utility.

For one, $BEST holders get exclusive early access to new crypto presales and projects, enabling them to find exciting token investing opportunities before they take off. Another advantage holders have is reduced transaction costs within the Best Wallet ecosystem.

Best Wallet Token presale

Other perks for users with $BEST holdings include higher staking rewards in the soon-to-release Best Wallet staking aggregator and voting rights within the Best Wallet platform. Additionally, token holders can stake $BEST and earn up to 169% APY.

Currently, the Best Wallet Token presale is offering $BEST at $0.023975 per token. For more details, see the Best Wallet Token whitepaper, and subscribe to the Telegram channel for the latest news.

Visit Best Wallet Token

5. Meme Index – Diversify Across Top Meme Coins with a Single $MEMEX Token

Meme Index ($MEMEX) is a new Ethereum-based platform that allows investors to access the booming meme coin market in one place. By introducing four unique baskets — Titan, Moonshot, MidCap, and Frenzy—Meme Index lets holders spread their risk across established and emerging tokens like DOGE, SHIB, and PEPE, without having to manage multiple assets. This is a boon for investors, particularly in such a time of sharp fluctuations.

$MEMEX acts as the key to these dynamic baskets, which are continually updated to stay aligned with market trends. Users can stake $MEMEX during the Meme Index Presale and earn high APY.

Meme Index presale countdown

Early buyers received an APY of 572%, which has now decreased to a still generous 581%.

It’s worth noting that token holders can vote on proposals to ensure real community governance over which coins get added or removed from each basket. At the time of writing, $MEMEX is priced at $0.0166883, with more than $3.9 million raised so far. Crypto analysts reckon that it will reach its $4 million valuation by the end of the week, which is why interested buyers are rushing to join the presale ending on the 31st March.

What are you waiting for? You have until the 31st March to get your MEMEX coins at a reasonable presale price – act now!

You can follow Meme Index on X and join its Telegram group for the latest updates.

Visit Meme Index

6. CatSlap – A Cat-Themed Meme Coin with a Unique ‘Slapometer’ and 30% Staking APY

Another penny crypto to watch out for this year is CatSlap ($SLAP). It’s the latest entrant in the trending cat-themed meme coin ecosystem that launched with explosive momentum. In its first 24 hours of trading, it saw an impressive 1,800% price increase.

It offers an innovative “Slapometer” game feature, where users compete globally by slapping virtual cats to earn points for their countries. This unique idea has sparked significant community engagement, with over 3 billion slaps since launch.

The project launched with a total supply of 9,000,000,000 $SLAP tokens using a fair launch model. What sets CatSlap apart is its strategic partnership with Best Wallet, making it their first “straight to DEX” featured project.

Catslap presale

Following the success of other cat-themed tokens like PopCat ($1B+ MCap), MOG ($678.86M MCap), and MEW ($973M MCap), CatSlap aims to recreate this high upside potential. The combination of gaming features, a fair launch model, and strategic partnerships position $SLAP as a strong contender in the meme coin space.

Initial community support was also evident when the project saw a 24-hour trading volume of $7.11M and a fully diluted market cap reaching $18.48M after just a day of launch. You can follow CatSlap on X (Twitter) and join its Telegram group for the latest project updates.

Visit CatSlap

7. Poke – Telegram-Centered Anonymous Casino With Its Own Token

Poke ($POKE) has come to the attention of crypto fans for its wide use case and Pokémon-style meme appeal. Among other things, the project combines Web3 technology with DAO governance and the sale of special NFTs.

Poke Presale

Privacy is also the basis of this casino, with signing up a breeze thanks to the partnership with the popular app Telegram. It’s also possible to carry out a number of actions via Telegram, such as playing on the platform using the in-game currency and native token $POKE, buying special NFTs and also voting on important organizational decisions.

Since its launch in late January, the project has garnered profits of a more than respectable $66K. Aside from its various functions, the company will soon be able to add a further dimension; that of a Metaverse casino.

We think that Poke is, indeed, a project to watch. With its multi-layered system and unique gaming style, it provides stiff competition to many other meme coins out there.

For more details, check out the Poke roadmap or sign up to its Telegram community.

Visit POKE

8. SpacePay – Decentralized Crypto Payment Protocol Hosts Monthly Token Airdrops

SpacePay ($SPY) is a revolutionary protocol that allows customers to use crypto for daily transactions. It introduces an easy-to-use payment APK (Android Application Package), which supports fast and straightforward crypto transactions.

Through this device, customers can scan a QR code and connect with over 325 crypto wallets to make a payment. At the center of this ecosystem is $SPY, the native token. Currently, $SPY is priced at $0.003126 per token during the ongoing presale round.

SpacePay presale

In just a few weeks of the presale launch, SpacePay has raised more than $936K. Within the ecosystem, the token offers multiple benefits. Firstly, you get monthly voting rights to dictate the platform’s future. Secondly, token holders get access to quarterly webinar meetings with the SpacePay leadership team.

Furthermore, token holders get a share of the platform’s revenue and exclusive access to new features on SpacePay. Thus, these use cases make SpacePay one of the best new penny coins in 2025.

From a total supply of 34 billion tokens, 6.8 billion are being allocated for the ongoing presale. Learn more by reading the SpacePay whitepaper and joining the Telegram channel.

Visit SpacePay

9. Harry Hippo – A Promising Penny Crypto Combining P2E Gaming and AI Innovation

Harry Hippo ($HIPO) is an innovative penny crypto that combines the excitement of blockchain gaming with cutting-edge AI and NFT integration. Inspired by the legendary hippos of Hacienda Napolis, Colombia, Harry Hippo introduces Harry Hipo, an AI-powered mascot symbolizing strength and strategy, to lead its ambitious ecosystem.

Harry Hippo presale

At the heart of Harry Hippo is the Harry Hungry Hipo game, a Play-to-Earn (P2E) platform where players stake $HIPO to compete for rewards and claim the title of Alpha Hippo. Alongside gaming, the project offers AI-powered insights for strategic trading and unique NFTs to enhance the user experience.

With a staking APY of 601% and a current presale price of just $0.00555, Harry Hippo is an attractive opportunity for investors seeking utility and growth. The project has already raised over $1.2 million, signaling early community support for its vision of blending entertainment and financial rewards.

To learn more about the project, follow Harry Hippo on X and join the Telegram channel.

Visit Harry Hippo

10. Real Estate Metaverse – Fractionalized Real Estate Ownership For Passive Income

The Real Estate Metaverse (REM) is one of the best penny cryptocurrencies to invest in as it redefines real estate investment. By leveraging blockchain technology and the ERC3643 token standard, REM allows fractional ownership of premium real estate properties, breaking down barriers like high capital requirements and geographic restrictions.

With as little as $100, investors can gain exposure to lucrative property markets, earn passive rental income, and benefit from capital appreciation, all through the innovative REM-X tokens representing ownership shares.

real estate metaverse

REM’s penny pricing offers significant growth potential as the adoption of tokenized real estate accelerates. Its REM utility token powers staking rewards and deed tokenization, creating user value while driving ecosystem growth.

If you’re seeking a penny cryptocurrency with a high upside, REM checks all the boxes. Its fusion of blockchain and real estate solves real-world problems, providing a transparent, scalable, and profitable investment model.

For more information, check out the Real Estate Metaverse whitepaper and follow the project on X.

Visit Real Estate Metaverse

11. Pepeto – Innovative Meme Coin Ecosystem Building on Ethereum

During the recent bull run and meme coin frenzy, many projects have lost sight of the fundamentals required to get ahead of the competition. Pepeto ($PEPETO) is a real exception and is dedicated to maxing out its technology, optimization, accessibility, utility, and interoperability.

Sustainable value is also vital to Pepeto’s success – and with zero listing fees and zero trading fees on its native exchange, the meme coin ecosystem is ready for a huge influx of attention from developers, traders, and investors.

Pepeto presale

At the time of writing, the PEPETO token presale has attracted over $3m in funding, while its token price remains temporarily low at $0.000000110. Savvy investors are clearly excited at the prospect of building substantial PEPETO bags, which can also be used to generate passive income via staking at an APY of up to 337%.

Also showcasing Pepeto’s focus on long-term success is its anti-corruption mechanism, built to reject scammers and bad actors while keeping the platform safe for users. Meanwhile, a full 60% of the PEPETO token supply has been allocated between the presale and staking (at exactly 30% each), ensuring that demand can be fulfilled without compromising the value of the token.

The Pepeto ecosystem will also feature enhanced staking capabilities and a cross-chain bridge, thereby future-proofing it against all the currently unforeseeable innovations that are sure to impact the Web3 and crypto industries in the coming years.

To find out more about Pepeto, have a look at the project’s whitepaper and follow the Pepeto team via their X account.

Visit Pepeto

12. Kaspa – Fast-Growing Layer 1 Protocol With a 1-Second Block Confirmation Time

Kaspa is one of the best layer 1 protocols in the market. Unlike Ethereum, Solana, and Avalanche, Kaspa comes with a much more attractive valuation. Today, Kaspa has a market capitalization of about $2.7 billion. This offers plenty of upside for when the altcoin season takes off. After all, layer 1 projects often witness rapid growth during bullish cycles.

In terms of pricing, you’ll pay just $0.109 per KAS token. This is 47% below all-time highs, so you can invest during a brief market correction. Taking a closer look at the fundamentals, Kaspa’s network leverages the kHeavyHash algorithm alongside the proof-of-work (BlockDAG) consensus.

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This offers high security without compromising on performance. Kaspa transactions carry an average block time of just one second. It also offers scalability solutions for decentralized applications. Investors will also like that over 81% of the KAS supply is already in circulation. Kaspa is listed on the best Bitcoin exchanges, including MEXC, KuCoin, and Gate.io.

Buy KAS on MEXC

13. XRP – Large-Cap Penny Crypto With Banking Partnerships, Revolutionizing Cross-Border Payments

XRP is a large-cap crypto project established in 2012. This US-based project offers cross-border payment solutions to financial institutions. It has already partnered with some of the world’s largest banks, including Standard Chartered and Bank of America. The XRP network not only saves financial institutions money but also removes friction.

For instance, banks can conduct cross-border payments in under five seconds – no matter which currencies are being used. And if there’s a lack of liquidity on a particular currency pair, XRP tokens provide a much-needed bridge. Transaction fees are minimal, at just 0.00001 XRP, a tiny fraction of a cent.

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That said, the main drawback of XRP is its $134 billion valuation. This means XRP isn’t a crypto under a penny that will explode. It does, however, still offer plenty of upside. For instance, you can buy XRP at an 38% discount when compared to prior highs. Additionally, XRP has dipped by almost 4% in the prior month, so you can enter the market at a favorable price.

Note: The best place to buy XRP is eToro; debit/credit card and e-wallet fees start from 0%.

Buy XRP on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum.

12. The Graph – Top-Rated Blockchain Data Querying Protocol Helping Networks Achieve Efficiency

The Graph is also worth considering when choosing the best penny crypto to buy. It specializes in blockchain indexing, which helps networks achieve efficiency. Put simply, blockchains no longer need to run their own data servers. This helps them avoid network overload. The Graph allows developers to query the data they need quickly and cost-effectively.

It offers average cost savings of 60-98% per month. What’s more, the Graph ensures a minimum uptime of 99.99%. Fees are paid in GRT when querying data, meaning the Graph is a top utility token. The project is also working on artificial intelligence capabilities. This will take blockchain indexing to the next level through increased scalability and data accuracy. If the cross capabilities between AI and crypto is something you are interested in, be sure to check out our article on the Best AI Crypto Coins in 2025.

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To date, the Graph has facilitated more than 1.2 trillion data queries across 60,000 projects. It supports more than 40 network standards, including Ethereum, Polygon, Solana, and BNB Chain. In terms of price performance, the Graph is up over 6% in the prior year. However, at just $0.182 per GRT, it trades almost 93% below all-time highs.

Buy GRT on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum.

Some analysts believe that Shiba Inu is the next crypto under a penny that will explode. Although Shiba Inu already has a market capitalization of $11 billion, there’s plenty of growth to come. For a start, Shiba Inu has increased by over 104% in the past year. This outperforms Shiba Inu’s nearest rival, Dogecoin.

In addition, Shiba Inu’s price trades 77% below all-time highs, which were hit during the prior bull cycle. This offers an attractive entry price for new investors. I also like that Shiba Inu is building increased utility for holders. This includes a fully-fledged metaverse ecosystem that supports land ownership.

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This is offered via the Shibarium platform, a layer 2 solution on the Ethereum blockchain. After buying metaverse land, the plot is backed by a unique NFT. Other Shibarium products include a decentralized exchange, bridging tools, and staking. At just $0.000013 per token, Shiba Inu remains one of the cheapest penny cryptocurrencies to invest in.

Buy SHIB on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum.

14. Basic Attention Token – Privacy-Focused Web Browser With Rewards

Basic Attention Token offers a native web browser – Brave, that’s focused on privacy and data protection. It has over 60 million monthly active users, making it one of the fastest-growing browsers in the market. Brave enables users to block ads, ensuring a smooth and hassle-free browsing experience.

That said, it has also developed a rewards structure for ad-based viewership. Put simply, users can choose their preferred topics, view ads, and receive BAT tokens. Basic Attention Token is building a long-term, sustainable brand. It sells ad space to eligible companies. Ads are paid in BAT, which ensures the tokens have a strong use case.

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Companies can be sure their ads are directed to the right people, meaning marketing funds are spent effectively. Basic Attention Token has a market capitalization of just $335 million. The BAT tokens currently trade around 88% below all-time highs.

Buy BAT on eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum.

What Are Penny Cryptocurrencies?

Penny cryptocurrencies are digital assets that trade for under $1. Some trade for a small fraction of a cent, meaning investors can buy a huge number of tokens without risking too much money. Take Wall Street Pepe as a prime example. Its tokens are currently selling for just $0.000203. This means that a $100 investment would secure over 4,92,610 $WEPE tokens.

Now consider a similar $100 investment into Ethereum, which trades for about $3,500. This means $100 would get you just 0.028 ETH. Therefore, penny cryptocurrencies are a lot more attractive for casual investors. They’re also ideal for diversification, as many cryptocurrencies trade with a small token price.

If you are also wondering which upcoming ICOs and presales will get the most attention, take a look at this video with the top picks.

How Are Crypto Prices Determined?

In simple terms, crypto prices are determined by market forces. Similar to other assets, crypto prices rise and fall based on demand and supply. For instance, if there are more buyers than sellers in the market, the token price will increase. This might be because the crypto project is trending. Or because the broader markets are bullish.

However, the token price is also determined by the overall supply and market capitalization. Put otherwise, many penny cryptocurrencies have a low token price because the supply is high. For example, Shiba Inu has a market capitalization of $16 billion, which makes it a large-cap project. However, its token price is just $0.00002762.

list of penny cryptocurrencies

The reason is that Shiba Inu has a supply of over 589 trillion tokens. If Shiba Inu was priced at $1, it would have a market capitalization of $589 trillion, which is beyond the realms of possibility. In contrast, consider a project like yearn.finance, which has a total supply of just 36,647 tokens.

Its constrained supply means yearn.finance has a high token price; it’s currently trading at $8,500. Even so, yearn.finance has a small market capitalization of just $283 million. Therefore, investors should look beyond just the token price when choosing the best penny crypto to buy.

Should I Buy Penny Cryptocurrencies?

Let’s take a closer look at whether penny cryptocurrencies represent a good buy.

Penny Cryptos are Affordable 

Penny cryptocurrencies are affordable, making them popular with budget-conscious investors. This enables investors to buy a large number of tokens without spending a great deal of money. For example, you’d need to risk thousands of dollars to buy one full Bitcoin. The same goes for Ethereum. This wouldn’t be suitable for most investors, especially beginners. It’s also true that penny cryptos often offer higher growth potential compared to large-cap assets, as they are still in early development stages. However, these tokens can be volatile, so research is essential.

Penny cryptocurrencies often trade for a tiny fraction of a cent, so even investing $100 could get you thousands of tokens.

$1 Psychological Zone

Some penny cryptocurrencies have a solid chance of being the next crypto to hit $1. This is an important psychological level for many investors. For example, say a token will launch on exchanges at $0.01 after its presale with a $1 million market cap. Hitting $1 from there would require a 100x upside. This is possible, as many cryptos can reach a market cap of $1 million. This results in a huge return for early investors.

Kaspa is another penny crypto that will be targeting the $1 level. Currently priced at $0.148, this would require an upside of over 6x. While achievable, Kaspa has a market capitalization of $3.4 billion. Therefore, it would require considerably more buying pressure when compared to small caps cryptos like 5th Scape.

Ideal for Diversification

Choosing the best penny crypto to buy is challenging. Nobody knows which cryptocurrencies will succeed. That said, there are thousands of options in the market, meaning you can easily diversify your holdings. And unlike other cryptocurrencies, you won’t need to purchase a fraction of a token.

For example, suppose you’ve got $1,000.

  • Investing $500 into Bitcoin would get you 0.007 BTC.
  • Investing the other $500 into Ethereum would get you 0.14 ETH.

Now consider investing $1,000 into 10 cryptocurrencies valued at $0.01.

  • This means you’re investing $100 per project.
  • At a token price of $0.01, you’d own 10,000 tokens for each crypto.

Crucially, diversification is one of the most important strategies when investing in crypto. This ensures that your portfolio is well-balanced rather than overexposed to one project.

Many Penny Tokens Are Small-Caps

Some penny cryptocurrencies have a large valuation, such as Shiba Inu, XRP, and Kaspa. These are all billion-dollar projects. Although they still offer a sizable upside, some investors prefer penny cryptocurrencies with a much smaller market capitalization.

Fortunately, the majority of penny cryptocurrencies sit within this category. This means you can target much higher gains, as less buying pressure is required to see strong movements to the upside. For example, consider a presale project that raises $3 million. Suppose it sells 50% of the supply to presale investors.

This means the tokens will launch with a $6 million valuation. This is attractive from a risk-reward viewpoint. After all, the project could increase by 50x and still only be worth $300 million. In contrast, XRP is currently valued at $34 billion. So, it would need to be valued at $1.7 trillion to secure 50x gains.

Best Practices on Finding the Best Penny Cryptocurrency to Buy

Finding the best penny cryptocurrency to invest in can be stressful. Not only is there a substantial number of options in the market, but many projects will fail. This makes research, due diligence, and risk management imperative.

I’ll now discuss some best practices when searching for suitable penny crypto investments.

DexScreener

One option is to explore the DexScreener platform – especially if you’re looking for small-cap gems. DexScreener is a price aggregation platform for decentralized exchanges. Most tokens are new, meaning they aren’t available on centralized platforms like eToro and MEXC. While more risky, this enables you to find the next crypto under a penny that will explode

DexScreener offers unparalleled tools and filters, ensuring you can explore suitable projects efficiently. For instance, you can narrow the search by choosing a suitable network. Base and Solana are the hottest networks right now. But you can also consider Ethereum, BNB Chain, and Avalanche.

Next, use the filters to set your search parameters. Options include the fully diluted market capitalization, number of token holders, and trading volumes. It’s best to avoid tokens that were launched in the prior few hours, as many could be scams. You should also ensure the smart contract has been audited and that the liquidity pool is locked.

CoinGecko

If you’re looking for more established penny cryptocurrencies, CoinGecko could be the better option. Consider browsing the ‘Gainers & Losers’ section, where you’ll find the best-performing cryptocurrencies. You can change the time frame to suit your goals; options include 1 hour, 24 hours, 7 days, 14 days, 30 days, 60 days, and 1 year.

You’ll initially only see cryptocurrencies ranked in the top 1000 by market capitalization. You will need to manually check which cryptocurrencies trade for under a penny. Alternatively, you can view the top 100 or top 300 cryptocurrencies by valuation, which will present a narrower range of options if you want to look at projects with higher market cap. Click on a cryptocurrency to view its tokenomics, price action, and other useful data.

Crypto Presales

Presales, also known as ICOs, are another way to find the best penny crypto to buy. You’ll have access to a new project before it launches to the public.

This means you’re buying tokens before any exchange listings. In doing so, you can invest in the best crypto ICOs at the lowest price possible. What’s more, presales usually have small market capitalizations, so you can target a much higher upside.

That said, presales are also risky; you’re investing in projects with no price history or track record.

Social Media

Social media is also a great way to find the best penny cryptocurrencies. You’ll want to focus on projects that are trending. X is a good option here. Use popular hashtags like ‘new crypto’, ‘presale’, ‘new crypto to buy,’ etc. X will show you the most relevant posts. See which cryptocurrencies are getting the most traction, such as views, replies, and shares.

It’s also worth exploring Telegram. Look for channels with at least 100,000 members. These are often active 24/7, so you’ll see which coins are hot. I’d also suggest checking popular Reddit groups. Look for trending threads with lots of replies and engagement. Ultimately, the best cryptocurrencies to buy are often those that generate hype.

Cryptocurrency Penny Stocks

Looking for the best crypto penny stocks to buy? Your options will be limited, as very few crypto projects are listed on stock exchanges.

Nonetheless, you might consider the following penny cryptocurrency stocks, which offer exposure to the broader blockchain industry:

  • Bit Digital (BTBT): NASDAQ
  • HIVE Digital Technologies (HIVE): TSX

Note: The SEC defines penny stocks as companies with a share price of under $5.

How to Buy Penny Cryptocurrencies

The penny crypto investment process depends on the project.

There are generally three methods:

  • Centralized Exchanges: If you’re buying an established penny crypto like Shiba Inu or XRP, you can use a centralized exchange. This includes popular exchanges like eToro and MEXC, which accept debit/credit card payments.
  • Decentralized Exchanges: If you’re buying new cryptocurrencies, they might only trade on decentralized exchanges. This means you’ll need to buy the tokens with another crypto.
  • Presale: Some penny cryptocurrencies raise funds via a presale campaign. This means you can directly invest via the presale website. If you don’t own crypto, some presales accept debit/credit cards.

Conclusion

Penny cryptocurrencies remain popular with retail investors and those seeking the best cryptos to buy now. After all, owning thousands of tokens is a lot more attractive than buying a small fraction of one Bitcoin. My top pick for speculative investors is Solaxy.

This presale project – which has raised $25.92 million in the early stages of its presale is quickly becoming one of the top penny cryptos on most crypto investors’ watchlists. With layer 2 scaling solutions, dynamic staking incentives, backing from crypto analysts and especially meme culture, Solaxy is certainly one to watch over the coming months.

Visit Solaxy

FAQs

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What Is the Best Penny Crypto to Buy Today?

References

  1. Are crypto markets correlated with macroeconomic factors? (S&P 500 Global)
  2. Registration statement under the Securities Act of 1933 (SEC)
  3. How to audit a smart contract (Chainlink)
  4. The benefits of diversification in crypto (Global X)
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Sam Cooling
Sam Cooling
Lead Editor

Sam Cooling is the Lead Editor at 99Bitcoins.com and is based in London, UK. Sam Cooling steers News Strategy and Written Content with our market-breaking news team, with over half a decade of experience in cryptocurrency journalism and crypto trading.... Read More

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