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Key Takeaways

  • Investing in the best crypto under a penny offers a low-cost entry point but comes with high risk;
  • A penny crypto with 1000x potential might sound appealing, but assessing the project's long-term viability, market liquidity, and historical performance is key to making informed decisions;
  • Always verify the authenticity of projects and avoid those that seem too good to be true, as scams and pump-and-dump schemes are common in the crypto space.

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Best Crypto Under a Penny: Could It Suit Your Portfolio?

With budgets stretched thin and markets shifting daily, the idea of securing the best crypto under a penny is tempting. But, how do you separate the promise from the hype? Well, you’re not alone in wondering which projects offer real growth versus fleeting trends.

By focusing on projects with solid use cases, innovative solutions, and supportive communities, you can tap into opportunities that might transform small investments into life-changing gains.

Major exchanges like Binance and Bybit often feature these promising projects, giving access to assets that could redefine what's possible for your portfolio.

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10 Best Cryptos Under a Penny to Watch

When searching for the best crypto under a penny, it’s important to consider more than just low prices. With the right research and understanding, you can spot the hidden gems set to rise.

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Let’s explore some of the best cryptos under a penny and see why they could be worth your attention.

Solaxy (SOLX)

  • All Time High Price (as of writing): $0.00171;
  • Maximum Supply: Not yet announced;
  • Available HERE

Solaxy’s popularity has exploded lately, and the numbers prove it. As of writing, the project has already raised $35 million during its presale, earning a place among one of the best Solana presales to date.

The sale began in December 2024, and demand surged quickly, with over $2 million in SOLX purchased within just the first few days. The token price increases at each stage, suggesting that the official launch may be close.

Solaxy has an ambitious mission to:

Deliver the first-ever Layer 2 scaling solution on the Solana blockchain, an initiative that could transform how Solana handles congestion and scalability.

Development progress has been steady. On May 6, 2025, Solaxy upgraded its node system for faster syncing and smoother recovery after software updates. Then, a few weeks later, the team went live with the Solaxy Testnet Bridge, which now links directly to the Solana Devnet. That milestone opened the door for deeper cross-chain compatibility, hinting at future multi-chain features down the road.

Best crypto under a penny: Solaxy Testnet Bridge.

During testing, the network successfully processed over one million transactions at a pace of 16 transactions per second. The said number is expected to increase dramatically. Once the mainnet goes live, Solaxy’s team aims to hit 10,000 transactions per second.

For perspective, Solana currently handles up to 6,500 transactions per second, while the fastest Ethereum Layer 2 has only reached 400. Solaxy’s structure also avoids sidechain risks. Unlike projects such as Solayer, where settlement happens outside of Layer 1, Solaxy routes finality back through Solana for better security and permanence.

Another strength is the token availability. SOLX will trade on both Ethereum and Solana, giving it access to larger liquidity pools. This could drive stronger price momentum once it hits exchanges.

Best crypto under a penny: Solaxy roadmap.

Here is a quick breakdown of Solaxy’s tokenomics:

  • 30% allocated for development
  • 25% reserved for early supporter rewards
  • 20% held in the project treasury
  • 15% dedicated to marketing
  • 10% set aside for exchange listings

Solaxy is one of the best cryptos under a penny that will explode in 2025 if it stays on track. With real-world test results, cross-chain compatibility, and a clear plan to scale Solana without compromising its strengths, SOLX stands out in a crowded market of Layer 2 solutions.

📚 Read More: Best Solana Meme Coins

Bitcoin Bull (BTCBULL)

  • All Time High Price (as of writing): $0.0026;
  • Maximum Supply: Not yet announced;
  • Available HERE

Bitcoin Bull (BTCBULL) has been making headlines as one of the most talked-about cryptos under a penny that could explode soon. At the time of writing, its presale has already brought in over $3.5 million and attracted thousands of early backers, signaling strong demand ahead of its launch.

Best crypto under a penny: Bitcoin Bull website.

The project’s appeal comes from its unique system of Bitcoin-based rewards. BTC Bull aims to send real BTC airdrops to its holders when Bitcoin reaches three key milestones: 150k, 200k, and 250k. These reward points are designed to benefit those who hold early, especially as Bitcoin gains momentum across the market.

For those eyeing passive rewards, here’s a bonus: Bitcoin Bull has allocated 10% of its total supply for BTCBULL airdrops.

Alongside the rewards, the team has also introduced a deflationary mechanism. Buybacks and token burns are scheduled when Bitcoin reaches 125k, 175k, and 225k, reducing supply and potentially boosting price pressure on BTCBULL.

Even during quieter Bitcoin moves, price activity can trigger renewed interest in BTCBULL as traders try to position themselves ahead of the next milestone. With meme coin energy and real Bitcoin incentives built into the system, BTC Bull is building a strong following before its official debut.

📚 Read More: Bitcoin Price Prediction

Pepe Coin (PEPE)

Pepe Coin (PEPE) gained massive traction shortly after its April 2023 launch, riding the momentum of internet culture and meme coin mania. Inspired by the widely recognized Pepe the Frog meme, the project tapped into existing online communities and quickly built one of the most passionate followings in the crypto space.

Best crypto under a penny: Pepe Coin website.

The token is an ERC-20 asset on the Ethereum network, benefiting from Ethereum’s Proof-of-Stake consensus mechanism. This structure gives Pepe Coin access to a highly secure and well-established blockchain while maintaining full compatibility with DeFi protocols and Ethereum-based wallets.

Pepe Coin’s performance was nothing short of spectacular during its debut. In just three weeks, its market cap soared past the $1 billion mark. That level of growth put it on a faster trajectory than older meme coins like Dogecoin, which took nearly four years to reach similar valuation levels.

Several mechanisms set Pepe Coin apart from typical meme coins:

Feature

Description

Deflationary Mechanism

A small percentage of tokens are burned with every transaction, reducing the total supply and increasing scarcity over time.

Redistribution System

Initially distributed a portion of each transaction back to holders, rewarding long-term engagement.

No-Tax Policy

Users can transact without paying additional fees, encouraging frequent trading and broader participation.

Table: Key features of Pepe Coin

These principles helped strengthen the project’s identity and gave holders a compelling reason to remain invested during its early growth stages.

In August 2023, a large amount of PEPE tokens were moved from the project's wallet to centralized exchanges by former developers, causing panic and a price dip. To restore trust, the team burned a substantial number of tokens and brought in new advisors.

Bonk (BONK)

Bonk (BONK) kicked off its journey with a festive surprise for the Solana community. On December 25, 2022, the meme coin launched with a well-timed airdrop that energized the ecosystem.

Half of its total 100 trillion token supply was randomly distributed to artists, developers, NFT collectors, and other active users within the Solana network. There was no pre-announcement or hype campaign, just a spontaneous drop that rewarded real contributors.

Bonk presents itself as Solana's community coin, pushing back against what it calls "predatory VC tokens" to prioritize real users.

The project takes decentralization seriously by introducing Bonk DAO. It's a decentralized autonomous organization that oversees decisions about the coin’s development.

Anyone who holds BONK can participate by voting on proposals or submitting new ideas. The DAO manages 15% of the token supply, as of writing, and one of its most notable actions was a successful community vote to burn tokens.

Best crypto under a penny: Bonk DAO website.

Bonk’s utility recently expanded with the launch of BonkFun in May 2025. Within just 18 days, the platform generated over 18,273 SOL, worth around $3.3 million.

Revenue from BonkFun supports the Solana network through the BONKsol validator and fuels BONK token buybacks and burns. This flywheel effect, backed by active users and measurable growth, strengthens Bonk’s position as one of the best penny crypto projects gaining attention this year.

📚 Read More: How to Buy BONK

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Jasmy Coin (JASMY)

JasmyCoin (JASMY), often referred to as “Japan’s Bitcoin”, takes a unique approach to crypto by putting data ownership in the hands of individuals. The platform combines blockchain and Internet of Things (IoT) technology to offer a secure framework where users can store, manage, and share their data under transparent rules.

Founded by a team of former Sony executives, including Kazumasa Sato and Masanobu Yoshida, JasmyCoin is anchored in the belief that data should belong to individuals, not corporations.

To support this mission, the team developed JasmyChain with a focus on scalability and decentralization. Its smart contract functionality allows for seamless automation, eliminating intermediaries and reducing transaction risks.

Best crypto under a penny: JasmyCoin website.

Powering JasmyChain is a hybrid consensus mechanism that blends Proof of Stake (PoS) with Proof of Authority (PoA). This model encourages active participation through staking, while also maintaining the reliability of a secure and efficient network.

JasmyCoin’s emphasis on user empowerment and data privacy continues to attract attention in the crypto space. With its forward-thinking ecosystem and strong leadership, it earns a place among the best penny crypto projects pushing real-world utility into the spotlight.

📚 Read More: How to Buy JasmyCoin

Floki Inu (FLOKI)

Initially sparked by Elon Musk's tweet about his Shiba Inu dog, FLOKI quickly gained traction as a meme coin. Beyond being a fun community-driven project, the token has built a robust ecosystem with DeFi tools, NFTs, and a gaming platform.

FLOKI's value proposition lies in its deflationary mechanics, where a portion of transaction fees is used to buy back and burn tokens, creating scarcity that could drive up its value over time.

Best crypto under a penny: FLOKI to USD price chart on BitDegree's crypto tracker.However, buying FLOKI offers more than just exposure to a meme coin with a cult following. The token benefits from its integration into the broader Floki Inu ecosystem, which is governed by a decentralized autonomous organization (DAO).

The decentralized approach ensures the community has a direct say in the project's progress, enhancing transparency and accountability. Plus, its charitable initiatives, like supporting the Million Gardens Movement, reflect the team’s commitment to giving back while fostering a sense of social responsibility among its supporters.

Best crypto under a penny: Million Gardens Movement's tweet about $FLOKI joining their movement.The journey of FLOKI has had its challenges, but its resilience and strong community backing have propelled it forward. Throughout its journey, the project has faced setbacks, such as a rug pull attempt and token theft.

However, the remaining team, led by a seasoned software engineer, Jackie Xu, has steadily rebuilt and expanded the project. With an ever-growing "Vikings" community and ambitious plans for further expansion, FLOKI continues to be one of the best penny cryptos for investors looking to dive into a promising meme coin with growth potential.

📚 Read More: How to Buy Floki

Shiba Inu (SHIB)

Originally launched in August 2020 as a meme coin, Shiba Inu has evolved significantly and moved beyond its lighthearted roots. Despite its playful origins featuring the Shiba Inu dog breed as its mascot, it has shown to be one of the penny cryptos with 1000x potential.

Shiba Inu is built on the Ethereum blockchain. It benefits from the network's security and infrastructure while offering a low-cost, high-potential entry point for investors. Shiba Inu's community has consistently pushed for practical use cases, with the introduction of Shibarium Staking in 2023 marking a key step forward.

Best crypto under a penny: Shibarium website.

Ethereum's layer-two blockchain reduces gas fees, improves transaction speeds, and supports the development of decentralized applications (dApps) and Web3. The Shiba Inu team’s efforts to create real utility suggest that it is positioning itself for long-term growth.

As Shiba Inu continues to roll out features like staking and further integrates into the broader crypto ecosystem, it may offer attractive potential for both short-term traders and long-term holders.

Best crypto under a penny: SHIB to USD price chart on BitDegree's crypto tracker.

While the price of SHIB can be volatile, its low cost and high potential for growth make it one of the best penny cryptos to buy now. Though, as always, potential investors should proceed with caution and do their own research before jumping in.

📚 Read More: Where to Buy Shiba Coin

BitTorrent (BTT)

Released in 2001 and acquired by the Tron Foundation in 2018, BitTorrent made a bold move in 2019 by introducing BitTorrent, a TRC-20 utility token aimed at transforming decentralized file sharing. The token unlocks new possibilities for the torrenting community, offering priority access to files and computational services that accelerate transfer speeds.

As the leading payment method for file-sharing services, BTT facilitates micropayments between requesters and service providers. These payments, recorded on the Tron blockchain, create a transparent and efficient system for the torrenting community.

Best crypto under a penny: BTT to USD price chart on BitDegree's crypto tracker.

The merger of BitTorrent's decentralized peer-to-peer technology with Tron’s blockchain aims to improve the platform's scalability while providing a frictionless experience for content creators and users. The high level of activity on the BitTorrent platform positions BTT as a promising token for mass adoption within the crypto space.

BTT’s connection with Tron’s robust infrastructure and the growing demand for decentralized content sharing make it an intriguing penny crypto to buy now. Potential investors with an eye on long-term potential will value the scalability offered by Tron’s delegated Proof-of-Stake mechanism.

With a practical use case and growing market interest, BTT offers strong upside potential for those looking to dive into crypto under a penny that will explode in growth.

CatSlap (SLAP)

  • All-Time High Price (as of writing): $0.002102;
  • Maximum Supply: 9 billion;
  • Available on: MEXC, Coinbase, Uniswap, and more.

CatSlap is turning heads as a penny crypto to buy now, potentially challenging the dominance of dog-themed meme coins with its unique concept and engaging community features.

The project revolves around a global slap-off competition where investors slap their way to victory, boosting their favorite country's rank on the "Slapometer". The real-time ranking system not only adds a layer of fun but also drives community involvement, with every slap contributing to the leaderboard.

Best crypto under a penny: CatSlap website.

CatSlap’s tokenomics include a capped supply of 9 billion tokens, balancing liquidity and development needs. This structured allocation reflects a serious commitment to long-term sustainability, not just short-term hype.

Additionally, the project is rolling out a staking system that promises high-yield rewards, offering early adopters a chance to grow their holdings while supporting the ecosystem’s stability.

Dogesquared (DOGE²)

  • All-Time High Price (as of writing): $0.008915;
  • Maximum Supply: 5 billion;
  • Available on: Uniswap and more.

Born as a follow-up to the original Dogecoin, Dogesquared is for those who missed the rocket ride of DOGE’s meteoric rise. But DOGE² is not a copycat. It’s intended to be a token with a vision to address the challenges of its predecessor.

The token addresses some of Dogecoin’s ongoing challenges, like its inflationary pressure and network congestion. Moreover, its focus on decentralized finance (DeFi) and cross-chain transfers opens the door to promising new use cases, potentially shifting the perception of meme coins from purely speculative investments to something more significant.

Best crypto under a penny: Dogesquared website.

Based on Ethereum, DOGE² plans to expand directly with the Dogecoin network. This move will create a scalable ecosystem, allowing DOGE² to support dApps, gaming platforms, and payment solutions across both chains.

Exploring the Categories of Penny Cryptos

Exploring different categories of penny cryptocurrencies can sharpen your research and help pinpoint the next best crypto under a penny to boom. Understanding where a coin stands in its lifecycle provides critical insights into its potential. Let’s unpack these categories and see how they can guide your search for the next penny crypto to buy now.

New Coins

Every crypto giant once had a humble beginning. Bitcoin itself started at just a few cents before ascending to its current status as digital gold. Similarly, many new penny cryptos debut with low price tags following their initial coin offerings (ICOs) or initial token launches. These coins often represent innovative projects, aiming to disrupt specific sectors with groundbreaking ideas.

Researching new coins involves digging into whitepapers, development teams, and community buzz. Is the project solving a real-world problem, or is it just another gimmick?

Best crypto under a penny: new token listings on Binance Launchpad.Spotting strong fundamentals early on can position you for impressive gains, but proceed cautiously; some fresh launches are little more than polished scams in disguise. For a more curated environment to find new tokens, consider platforms like Binance Launchpad, which often list projects after rigorous vetting.

📚 Read More: How to Find Meme Coins Early

Stagnant Coins

Some penny cryptos have been around for years but remain stuck in the mud price-wise. There are numerous reasons for stagnation, and they vary depending on how deeply you analyze the situation. In some cases, corporate interference might be at play, while in others, it could be a temporary pause in trading or a general loss of interest ("temporary" being a very loose term here).

Stagnant coins aren’t necessarily hopeless. They could simply wait for a spark, such as a market resurgence, new partnerships, or an overdue update, to reignite interest.

Researching stagnant coins involves sifting through project updates, social media activity, and development milestones. Understanding the root cause of the stagnation can help you gauge whether a coin is a hidden gem or a sinking ship.

BitDegree Crypto Fear and Greed IndexTools like the Fear and Greed Index can help you determine the current market sentiment, a factor that can influence a coin's price movement or lack thereof.

Crashing Coins

Crashing coins are a mixed bag – they’ve seen better days but now sport prices that are tumbling faster than a meme coin on a bad day. Sometimes, these price drops stem from profit-taking by early investors who rode the wave to its peak. Other times, they’re casualties of broader market corrections or project missteps.

Best crypto under a penny: a candlestick chart showing a bullish pattern.

While it’s never ideal for catching a token on its downward slide, crashing coins might offer opportunities for those with high-risk tolerance and a sharp eye for potential comebacks. However, investing in such coins requires more than just scrolling through a penny cryptocurrency list.

It calls for diligent research and a deeper dive into the coin’s fundamentals, community sentiment, and recent activity. The real challenge lies in predicting when the coin’s downward spiral will slow or stop altogether.

📚 Read More: Why is Crypto Down?

The best crypto under a penny attracts attention because it offers an entry point into the crypto world without the hefty price tags. With the right research and strategy, these low-cost investments can become lucrative over time. However, why is there so much excitement around penny cryptos? Let’s find out.

Low Cost of Entry for New Investors

One of the most attractive features of penny cryptos is their incredibly low cost of entry, making them ideal for new investors or those with a limited budget. Unlike more established cryptocurrencies like Bitcoin or Ethereum, which can require large investments to acquire a meaningful amount, penny cryptos offer the chance to buy in at a fraction of the cost.

Best crypto under a penny: stacks of SHIB coins.

Take Shiba Inu, for example. Originally, a meme coin meant as a lighthearted substitute for Dogecoin, Shiba Inu began as a joke. But in 2021, it surged in value and became one of the most talked-about cryptocurrencies of the year. Thanks to viral social media campaigns, celebrity endorsements, and a general boom in the crypto market, SHIB shot through the roof.

An initial investment of $750 early in 2021 could have bought you trillions of SHIB tokens, and by October 2021, that investment would have turned into over $1.5 million, which is an over 500,000% return.

While this shows that sometimes penny cryptos may lead to some serious profits, there is no guarantee that it will be the case. Be very careful and only invest what you're willing to lose.

Diversification With a Small Budget

For investors with limited capital, penny cryptos provide an opportunity for diversification without a large budget. Instead of putting all your funds into one established cryptocurrency, you can spread your investments across several low-cost options, each with its own unique potential.

Best crypto under a penny: a hand putting a BTC coin into a glass jar filled with money.

Diversification gives you a better shot at landing on the next big thing. With so many emerging projects, it’s nearly impossible to predict which will take off. But by investing in multiple penny cryptos, you can increase the odds of hitting the jackpot.

High-Risk, High-Reward Potential

Penny cryptos often live by the motto "high risk, high reward". With prices so low, the potential for significant gains is enormous – but so is the potential for loss. These projects may lack the stability and credibility of major cryptocurrencies like Bitcoin or Ethereum, making them vulnerable to price volatility.

Yet, it’s this very risk that draws many investors looking for explosive growth. A small price increase can result in substantial profits when multiplied by the amount of tokens held.

Best crypto under a penny: feet balancing on a slackline.

The allure lies in the possibility that the next penny cryptocurrency to boom could go from a low-value token to mainstream recognition. While this isn’t guaranteed, history has shown that some penny cryptocurrencies can achieve massive returns when they break into the public consciousness.

Of course, for every success story, there are also failures. So, investing in penny cryptos requires a strong stomach and a willingness to accept the ups and downs of the market.

Factors to Consider When Researching Cryptos Under a Penny

Investing in the best crypto under a penny requires more than just a quick glance at the price. If you're eyeing these low-cost assets, research is key to ensure you're not just jumping on a trend or chasing an illusion. Here’s how to analyze these cryptos to make informed decisions and avoid potential pitfalls.

Market Liquidity and Exchange Listings

Market liquidity is a vital factor when assessing penny cryptos. Without liquidity, it becomes challenging to buy or sell assets at fair market prices.

Liquidity also affects price stability. Coins with low liquidity can experience wild swings, making them riskier to trade. Make sure the coin is listed on reputable exchanges like Bybit or Binance, as these platforms typically offer higher liquidity compared to smaller, lesser-known exchanges.

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You can also gauge market liquidity by reviewing the trading volume on various exchanges. A crypto with a higher volume is often a better choice, as it means you can buy and sell more easily. It’s generally a sign of greater investor interest.

Retrospectively, a lack of liquidity could mean the coin is harder to trade,[2] leaving you stuck with your investment if the price doesn’t move in your favor. Hence, always ensure there’s enough market activity to make your investment worth the effort.

Track Record and Historical Performance

One of the most important aspects of researching penny cryptos is their track record and historical performance. Price movements and volume trends can reveal much about a crypto's stability and growth potential.

To start, review the crypto's historical price charts. Compare its current price to its highest price in the past year or even since it launched. Has it seen consistent growth, or does it bounce up and down like a yo-yo?

Best crypto under a penny: a yo-yo.

Look at long-term trends rather than short-term spikes, which could result from hype or a one-off event. Likewise, volume trends are important. An increase in trading volume might indicate growing investor interest, but a sudden drop can be a red flag. Most importantly, observe the following metrics:

  • Check price trends. Look for steady growth over time rather than extreme volatility that may indicate instability.
  • Review volume trends. High volume often shows strong market interest, but declining volume might indicate waning confidence.
  • Research market sentiment during price changes. Look at whether price increases were linked to genuine project developments or just speculative events.

The price movement history provides a sense of momentum and a possible future trajectory. However, keep in mind that the past doesn’t always predict the future, especially in the volatile world of cryptocurrencies.

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Community Sentiment and Project Roadmaps

Penny cryptos often rely on their community to fuel growth and create excitement. A vibrant, engaged, and active community[2] can often make or break the success of a low-priced cryptocurrency. The more passionate the community, the more likely they are to advocate for the coin, spread awareness, and help it gain adoption, leading to price increases and long-term sustainability.

Best crypto under a penny: a close-up of the Reddit app along with other social apps displayed on a screen.

Take time to explore community sentiment across social media platforms, forums, and cryptocurrency-related websites. Platforms like Reddit, X, and Telegram often host discussions that can provide valuable insights into how the community perceives a project. Positive sentiment can create momentum, but too much noise or negativity might indicate underlying issues.

The sheer volume of conversation around a penny crypto can act as a powerful predictor of short-term price movements.

Don’t stop there, though – review the project’s roadmap as well. A clear and realistic roadmap is essential to understanding where the project is headed and whether it has a genuine plan for growth.

A roadmap without solid execution is like a treasure map that doesn’t lead anywhere. Be wary of projects that offer vague promises without any concrete timelines or deliverables. The more detailed and transparent the roadmap, the more trustworthy the project is likely to be.

Conclusion

In your quest to find the best crypto under a penny, remember that these low-cost assets come with significant potential and high risk. Cryptos under a penny have shown remarkable growth in the past, but successful investments require careful attention to detail and avoiding the temptation of quick, speculative gains.

There are undoubtedly opportunities to discover crypto under a penny that will explode, especially if you stay informed about crypto news, follow trends, and spot projects with solid roadmaps and strong community backing.

As with any investment, though, diversification is crucial. Don’t put all your eggs in one basket, even when the next penny cryptocurrency to boom looks promising. By spreading your investments across several promising projects, you increase your chances of reaping the rewards of one that takes off.

Exchanges like Binance and Kraken offer a range of affordable cryptocurrencies and tools to help you track price movements, historical data, and trends.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

1. Kyriazis, Ν. A., Prassa, P.: 'Which Cryptocurrencies Are Mostly Traded in Distressed Times?';

2. Mai, F., Shan, Z., Bai, Q., Wang, X. (Shane), Chiang, R. H. L.: 'How Does Social Media Impact Bitcoin Value? A Test of the Silent Majority Hypothesis'.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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FAQ

Where can I buy the best crypto under a penny?

You can buy the best crypto under a penny on reputable exchanges like Bybit and Binance, which offer a wide range of affordable tokens. Both platforms provide easy access to low-cost cryptocurrencies, advanced trading tools, and market insights to help you make informed decisions. So, research the coins before purchasing to ensure you're investing in legitimate projects with growth potential.

What are the risks of investing in a crypto under a penny?

Investing in crypto under a penny carries risks like volatility, market manipulation, and scams. The lack of regulation in many penny cryptos makes them susceptible to sudden price swings. To protect your assets, consider using hardware wallets like Ledger Flex, Ledger Stax, and Trezor Safe 5, which offer robust security for your digital assets, keeping them safe from hackers and other online threats.

Can cryptos under a penny reach $1?

While it’s rare for cryptos under a penny to reach $1, it’s not impossible. However, it requires a massive increase in demand, market adoption, and sustained growth. Many penny cryptos experience significant price fluctuations, but reaching $1 would require the project to build substantial value and achieve broad market acceptance.

What is the best crypto under a penny?

Predicting the next penny cryptocurrency to boom can be tricky, as it depends on market trends, community interest, and project fundamentals. However, keeping an eye on emerging projects with strong roadmaps and solid use cases can give you an edge. Research is key – look for projects with active development, transparency, and community support, as these factors often lead to significant growth.

Are penny cryptos a good investment?

The best crypto under a penny offers the potential for huge returns, especially if you identify projects with solid fundamentals and long-term viability. However, these investments carry high risk. Penny cryptos can skyrocket in value but also crash just as quickly. Research, careful planning, and diversification are key to making penny cryptos a worthwhile investment. Consider using tools like BitDegree Crypto Tracker to research potential penny crypto projects and monitor their market performance and key data.

How can I identify legitimate penny cryptocurrencies with growth potential?

To identify legitimate penny cryptocurrencies with growth potential, start by researching the project’s whitepaper, roadmap, and team. Look for projects that have transparent tokenomics, active communities, and long-term goals. Analyzing market sentiment on platforms like X, Reddit, or Telegram, or with tools like the Fear and Greed Index, can also provide insights into the project’s potential.

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