Due to their low cost, penny cryptocurrency has tremendous upside potential. In 2022, some crypto projects could offer investors high returns.
The 8 best penny cryptos with high returns
A major NFT project that’s currently in presale is Tamadoge. It’s a play to earn game that enables players to reach the top of the leaderboard by feeding, grooming and minting digital pets. The platform’s native token is Tamadoge, which has utility, unlike most meme coins.
Players can redeem their rewards for other currencies and also stand to make capital gains due to the coin’s deflationary nature. There are only 2 billion tokens in stock. Developers also burn 5%.
Although the presale is only in its second week, more than $13 Million has already been raised. Due to high demand, Tamadoge will soon be listed on Uniswap and LBank. That’s a centralized and decentralized exchange imminent listing.
These listings will offer Tamadoge’s tokens Tamadoge(TAMA) increased visibility, which can translate into higher prices. It is a penny-crypto with tremendous upside potential, as it is priced at a low price.
Stay in touch with this cheap cryptocurrency’s latest developments by subscribing to the Tamadoge Telegram channel (admins will not DM subscribers first).
2. Battle Infinity
Battle Infinity is another low-priced crypto. IBAT, which was available for presale at $0.0015, was sold at $0.0015. This presale was successful and sold out 24 days after launch. PancakeSwap, which is close to the best location for IBAT investors, offers an alternative.
IBAT’s listing on PancakeSwap was moved forward to 17 August 2022. Suresh Joshi, founder of Battle Infinity, went to great lengths to make IBAT’s initial coin offering (ICO), a huge success.
Joshi stated: “I can confirm today that Irfan Pathan, the international cricketer, and Bollywood actress and former Miss Universe turned actress Urvashi Rautela, will be joining me at our Battle Infinity launch party in Delhi on Wednesday.”
Battle Infinity is a great crypto because it allows players to enjoy six different platforms, while also allowing them to get rewards. The NFT game offers rewards for active participants in its global stake pool, with IBAT tokens.
By subscribing the Battle Infinity Telegram channel, investors can keep up to date with the latest information about IBAT.
Up-to-date – At the time of writing IBAT launched on PancakeSwap and pumped from $0.0024 to $0.01, an over 450% gain and more when measured from its presale price of $0.0015.
3. Lucky Block
Lucky Block’s unique feature is its ability to offer token holders many ways of earning. Investors can participate in the prize draw on NFT Competition Platform by holding LBLOCK. There are huge prizes up for grabs, including $1,000,000 in Bitcoin and Lamborghini as well as video games consoles like PS5s.
Lucky Block investors may also benefit from the capital gains that LBLOCK might offer. The fact that LBLOCK is listed on the major exchanges has shown it to be able to sustain large bull runs. LBLOCK, in addition to its listings on LBank/MEXC and Gate.io, will soon be listed.
Mid-September 2022 is the expected date for Gate.io’s listing. It will include V2 LBLOCK, which does not have tax and has very low transaction fees. That listing will reveal if this coin will pump again, but its platform’s ongoing developments are constantly growing this project.
A penny asset is defined as any assets that are less than $5. Ripple’s native token XRP is currently trading around $0.39. XRP was at its highest point in 2018 when it traded for $3.30. This resulted in more than 2,000% return to investors.
XRP hasn’t gone on a massive rally in 2021 like Bitcoin and Ethereum, yet it has managed to firmly hold a spot in the top 10 cryptocurrencies by market cap. SEC litigation is its biggest obstacle. XRP was able to pump over 600% in the rally of 2021.
5. Stellar Lumens
Investors who prefer an alternative to XRP because they’re worried about its lawsuit can opt for Stellar Lumens (XLM). The crypto project offers cross-border payments at extremely low fees with fast transaction times.
You can transfer XLM anywhere in the world within seconds. It costs just a few pennies. There is no need to visit exchange shops, fill out paperwork or wait for days to receive XLM. Stellar Lumens simplifies that process from the comfort of one’s home.
The market doesn’t care if Dogecoin has been labelled a joke, or a meme currency. The returns it provides is what matters. Dogecoin has demonstrated that its prices can rise dramatically. Dogecoin’s 2021 rally saw a more than 10,000% increase.
Returns such as that aren’t seen often, and Elon Musk’s endorsements have definitely helped. Dogecoin is down since the peak, and another pump could be on its way.
7. Shiba inu
Shiba Inu is another meme currency that follows the Dogecoin footsteps. It doesn’t really have much utility, but SHIB’s marketing team did a fantastic job at hyping up this coin. Shiba Inu pumped just above 1,000% by October 2021.
These returns were made in less time than a month. SHIB, much like Dogecoin has fallen since its peak. Considering its price has lost so much of its value, investors might be wondering if now’s the time to buy Shiba Inu.
Market has shown the potential of native token pumping such as BNB of Binance. Cronos (CRO), a native token of Crypto.com that is a prominent crypto exchange, is Cronos.
CRO has seen a spike of more than 1000% over the past few months due to cryptocurrency exchanges pumping their coins to millions. CRO currently trades at $0.15
Although all the penny cryptos we reviewed have been incredibly popular, Tamadoge was our favorite. Tamadoge has raised millions of dollars within weeks of its presale, and Battle Infinity’s presale sold out within 24 days.
Investors now have the chance to participate in Battle Infinity via PancakeSwap’s IBAT investment.