Best Penny Cryptocurrency To Invest In

The cryptocurrency boom is real, and traders are flocking to enter the market and grab a share of profits for themselves. With the increasing popularity of cryptocurrency such as Bitcoin, however, their prices have soared and many new traders no longer find it an affordable investment. They are thus searching for the best cheap cryptocurrency to invest in so that they can make profits without much risk. For that purpose, we have compiled a list of the best penny cryptocurrencies to invest in if you’re looking to enter the cryptocurrency market.

  1. Dogecoin

Inspired by a meme based on Shiva Inu, the Dogecoin was introduced in 2013 and has already garnered a reputation as one of the best cheap cryptocurrency to invest in. It makes use of a decentralized network to offer end-to-end secure transactions and also features an unlimited facility for coin creation. You can easily download wallets for Dogecoin on both mobile and desktop. There are websites that can even help you mine Dogecoin for free, such as Dogefaucet.

  1. Ravencoin

Set up in 2018, it is one of the best new cryptocurrency to invest in. Despite being low-cost, it is a highly worthwhile investment as it helps in the secure transfer of assets such as digital games, software licenses, gold, etc. All the tokens are secured and help to mine asset creation costs as per any increases in the value of the coins.

  1. Qlink

This cryptocurrency is geared towards revolutionizing the telecom industry and making connectivity affordable for all. It uses its own Qlink tokens to share Wi-Fi by means of smart contracts, thus effectively creating one large mobile hotspot among holders of the coins. Qlink coins can be bought from Coinswitch or obtained through trading on Binance, Gate.io, and other cryptocurrency platforms.

  1. IOTA

This project was developed as part of a global Internet of Things initiative, involving stalwart tech brands of the likes of Samsung, IBM, and Microsoft. Their involvement alone gives IOTA weight as one of the top new cryptocurrency to invest in. The benefits of IOTA include swift and easy completion of small-scale transactions in a secure manner and without transaction fees.

  1. FunFair

This penny cryptocurrency is geared towards gaming and online casinos. It allows gamers to conduct secure high-speed transactions through its Ethereum blockchain network. Users can also set up their own casinos quickly and earn more money through them.

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