Penny Top Crypto Stocks to look for Feb. 2023
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Penny Cryptos
·
Getting involved in early-stage crypto
projects can produce major long-term returns. That’s why so many TikTok
creators focus on making crypto predictions.
·
Prices for these projects are undervalued
as the best penny cryptos are often highly innovative technological solutions
that can revolutionize key global industries.
For investors looking to make significant long-term gains, the best penny
cryptos can be a reliable source of alpha. So, without further ado, here are
the best penny cryptos according to TikTok to watch out for right now:
1.
Metacade (MCADE)
2.
Stellar Lumens (XLM)
3.
Tron (TRX)
4.
VeChain (VET)
5.
Hedera (HBAR)
6.
Cronos (CRO)
1. Metacade (MCADE)
Metacade will be the biggest arcade on the blockchain. It is a new crypto gaming platform that has the potential to match
some of the biggest names in GameFi, which makes it the best penny crypto to
buy at this price level. It offers a range of useful crypto services
in addition to many different play-to-earn (P2E) titles in its metaverse
arcade.
Gamers
can access a broad selection of arcade games and participate in P2E tournaments
on the platform, where the winners will earn major prizes that are paid in
MCADE tokens. As well as this, users can stake MCADE to earn a passive yield on
their holdings and use MCADE to vote in governance proposals when the project
becomes a decentralized autonomous organization (DAO).
Metacade
will offer gamers new ways to break into Web3. The platform will connect its
users to paid job opportunities, including game testing roles that can help to
prepare new projects for release. Metacade will also fund new crypto games
directly through its Metagrants program, helping to expand the GameFi industry
and support innovation in the space.
Why buy MCADE?
The
MCADE token was recently launched during its presale event, rapidly selling out
300,000,000 MCADE tokens and raising $1.7 million in the process. The price of
MCADE will rise from $0.008 to $0.02 over the course of the presale, which
means that investors have a limited time available to get involved while prices
are low.
Metacade is expected to sell out of every presale phase, and the price of
the token could skyrocket after the event due to its unique functionality as a
GameFi platform. Over time, Metacade could become a top 3 metaverse gaming
platform, so Metacade is, without a doubt, the best penny crypto to buy right
now.
>>>
You can participate in the MCADE presale here <<<
2. Stellar Lumens (XLM)
Stellar
Lumens, also known as XLM, is a distributed, open-source payment protocol
created by the Stellar Development Foundation and the second-best penny crypto
to buy. It leverages distributed networks to create cross-asset transfers of
value – which can be particularly beneficial for international transactions.
The
network facilitates quick and seamless exchanges between multiple currencies in
near real-time and provides customers with an efficient way to fund purchases
on a global basis. The network is an enterprise-grade blockchain solution that
can serve banks, governments, and other financial institutions.
Stellar
Lumens creates interoperability between these financial institutions to allow
them to move money quickly and securely across the Stellar network. As
blockchain continues to grow in popularity, Stellar Lumens could become a major
network to facilitate real-world payments due to its low cost and high-speed
transaction capabilities.
Why buy XLM?
Stellar
Lumens has global utility and can provide a next-generation financial solution
for institutions across the world. The project has formed partnerships with
some major corporations, including Visa, IBM, and Circle (the company behind
USDC).
Stellar’s
useful service, combined with its highly reputable partnerships, means that the
blockchain is likely to be around for the long term. Since XLM is currently
priced at just $0.074, it is one of the best penny cryptos to watch, as it
could rise significantly in value over the coming years.
3. Tron (TRX)
The third-best penny crypto to buy is Tron (TRX), a decentralized
open-source cryptocurrency platform designed to provide users with a digital
content experience in an affordable and secure environment. Tron features a high-speed network combined with an efficient and
low-cost consensus mechanism, enabling a high number of transactions per second
(TPS).
Tron
provides developers with the tools they need to create digital applications
like online identity, crypto gaming platforms, and other entertainment options.
Tron also supports smart contracts and decentralized applications (dApps)
running on the Tron blockchain, executing smart contracts through Tron Virtual
Machine (TVM).
A core aim of the network is to decentralize the
internet and give more power back to users,
allowing individuals to control their own data. Though it’s a highly scalable
blockchain solution, Tron has the potential to deliver decentralized financial
services to users from all over the world for years to come.
Why buy TRX?
The
Tron ecosystem continues to expand. The project has introduced an increasing
level of utility through various dApps, including Just Network, which is an
over-collateralized, high-yield lending protocol. TRX is the native token for
the entire Tron ecosystem, which can support some of the fastest and cheapest
crypto transactions in Web3.
The
price of TRX is currently $0.054 – a price that has held up well when compared
with other altcoins during the 2022 bear market. TRX has the potential to grow
significantly over time, making it one of the best penny cryptos to watch out
for right now.
4. VeChain (VET)
VeChain
(VET) is number four on the list of best penny cryptos to buy now. It is a
global blockchain-based platform designed to enhance supply chain management
and business processes. VeChain aims to provide streamlined product
traceability and collection of valuable data. This can help to improve brand
loyalty, drive cost savings and reduce incidents of counterfeiting.
What
sets VeChain apart from other blockchains is the utilization of Internet of
Things (IoT) technology which stores sensor-generated information on the
VeChain blockchain. This enables businesses to track goods throughout their
entire life cycle as well as easily detect counterfeit products.
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VeChain also supports high-throughput dApps, making use of the network’s
improved security mechanisms and scalability. dApps on VeChain include services
that compare real-world goods using decentralized data storage to improve
transparency and reliability, as well as a range of additional applications,
including crypto gaming platforms.
Why buy VET?
VeChain
is one of the best penny cryptos to buy now because it is a highly scalable
network that offers a unique service to businesses from across the world.
Through improving transparency in the global supply chain, VeChain can help to
boost production quality and solve key inefficiencies in the economy.
The
price of VET is currently $0.016. VeChain is expected to reclaim its previous
all-time high of $0.28, which means there is significant upside potential for
VET at the current price level. Coupled with the global economic utility being
offered by VeChain, VET is certainly one of the best penny cryptos to buy right
now.
5. Hedera (HBAR)
Hedera
is an open-source public distributed ledger offering high speed and throughput
without compromising on fairness and security. Hedera is powered by Hbar
(HBAR), a native cryptocurrency used for transaction fees, staking rewards, and
facilitating the transfer of value across the network.
Hedera
provides multiple services, including smart contracts, file storage, token
usage, and decentralized applications. The network has fast transaction times
and low fees, using a unique consensus model called Hashgraph consensus. This
model differs from other blockchains, as Hedera relies on predetermined parties
to verify transactions and update the ledger. This unique solution makes it one
of the best penny cryptos to buy.
Hedera
provides a suitable environment for both developers and users, as the network
makes it possible to transact trustlessly with predictable network fees and
extremely fast finality. Hedera prides itself on its
consistency, as it can deliver an enterprise-grade distributed network
solution.
Why buy HBAR?
Hedera Hashgraph is the fifth-best penny crypto, offering an alternative solution to blockchain technology. There are no blocks produced, which
means that Hedera has designed a distributed ledger that has a greater level of
efficiency. The network offers much of the same functionality as other major
blockchains while offering a highly scalable network to major corporations.
The
price of HBAR is currently $0.043. Hedera is one of the best penny cryptos to
buy now, as the token has fallen over 90% from its all-time high and could
produce major returns for investors who enter at this price level.
6. Cronos (CRO)
Cronos
(CRO) is the native cryptocurrency of Crypto.com, one of the leading
centralized exchanges (CEXs) in the world today, and the sixth-best penny
crypto to buy now. By holding CRO, users can take advantage of the range of
crypto products and financial services available in Crypto.com’s expansive
network.
The
acquisition and usage of Cronos unlocks exclusive benefits such as discounts on
crypto trading fees, collateral-backed lending, crypto payment solutions,
interest-earning accounts, and many other features on Crypto.com. Crypto.com
also offers a visa debit card, where owners can earn cashback rewards that are
paid in CRO tokens.
The
potential for Cronos within the Crypto.com network is significant – allowing
for frictionless payments, secure asset storage, unbanked access to financial
services, and rapid exchange settlement with no deviating price points or
delays.
Why buy CRO?
Crypto.com is a world-leading CEX that offers a range of useful crypto services. After the collapse of one of Crypto.com’s competitors, FTX, the
platform successfully completed a proof-of-reserves audit that proved all user
assets are safely held on the exchange.
The
CRO token has extensive utility within the Crypto.com ecosystem. At the current
price of $0.059, CRO has major upside potential as users seek alternative CEXs
that are safe and trusted, which makes it one of the best penny cryptos to buy
right now.
Metacade is the number one best penny
crypto to buy at these prices
Metacade has high long-term potential and could become one of the top
crypto gaming platforms around. At the current presale price of $0.012,
investors are suggesting that the project is extremely undervalued and a prime
investment.
TikTok
creators note that Metacade is expected to blast through the $1 level when the
next bull market occurs, and they don’t expect it to remain a penny crypto for
long. Between 2023 and 2025, MCADE could rise between
50-100x. The MCADE presale is a rare opportunity to get involved in a major
project at its earliest stage, which makes it the best penny crypto to buy
right now.
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