8 Best Penny Crypto for High Returns by the End of 2022
Penny cryptos have huge upside potential due to their low price. Some crypto projects can give investors high returns in 2022.
8 Best Penny Crypto for High Returns
1. Tamadoge
A major NFT project currently in pre-sale is Tamadoge. It is a money-making game that allows players to reach the top of the leaderboard by feeding, grooming and stamping 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 can also earn capital gains due to the deflationary nature of the coin. Only 2 billion tokens are available and the developers burn 5% of all tokens used in the ecosystem.
The pre-sale has been going on for just a few weeks and more than $13 million has already been raised. Thanks to the high demand for Tamadoge, it will be listed on LBank and Uniswap. There is a centralized and decentralized exchange that is imminent.
The listings will give Tamadoge (TAMA) tokens increased exposure, and higher demand may result in higher prices. Since this penny crypto is already low priced, it has huge upside potential.
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
Another low cost crypto is Battle Infinity. During the presale, IBAT was priced at $0.0015. But the pre-sale for this NFT crypto project proved to be so popular that it sold out within 24 days of launch. The next best place for investors to buy IBAT is on PancakeSwap.
IBAT’s listing on PancakeSwap was moved up to August 17, 2022. Battle Infinity founder Suresh Joshi went all out to make IBAT’s initial coin offering (ICO) a massive event.
Joshi stated, “I can confirm today that Irfan Pathan, the international cricketer, and Bollywood actress and former Miss Universe actress Urvashi Rautela will be joining me at the Battle Infinity launch party in Delhi on Wednesday.”
Battle Infinity is one of the best cryptos under $1 because it provides players with entertainment on six platforms while allowing them to earn rewards. But this NFT game also rewards highly active players from its global betting pool with IBAT tokens.
Investors can get the latest developments on IBAT by subscribing to the Battle Infinity Telegram channel.
Update – At the time of writing, IBAT was launched on PancakeSwap and pumped from $0.0024 to $0.01, a gain of over 450% and more measured from the presale price of $0.0015.
3. Lucky Block
The beauty of Lucky Block is that it gives token holders multiple ways to earn money. Holding LBLOCK enables investors to participate in prize draws on this NFT competition platform. And massive prizes are on the way, like $1 million in Bitcoin, a Lamborghini and even video game consoles like PS5s.
The other way Lucky Block investors can benefit is through the potential capital gains that LBLOCK can provide. It has already proven that it can go on massive bull runs, mainly due to its listings on major exchanges. In addition to listings on LBank and MEXC, LBLOCK will be listed next on Gate.io.
The Gate.io listing will arrive in mid-September 2022 and will feature the V2 LBLOCK token, which has no taxes but low transaction fees. That entry will reveal whether this coin will pump again, but the platform’s ongoing development is steadily increasing this project.
4. XRP
The definition of penny assets are those trading below $5. XRP, a native token of Ripple, is trading at around $0.39. The highest price XRP reached was around $3.30 during an epic bull run in 2018, resulting in more than 2000% returns for investors.
XRP hasn’t gone on a massive rally in 2021 like Bitcoin and Ethereum, but it has managed to maintain a solid place among the top 10 cryptocurrencies by market capitalization. The biggest hurdle it has to overcome is the SEC lawsuit. Despite that, XRP managed to pump more than 600% during the 2021 rally.
5. Stellar Lumens
Investors who prefer an alternative to XRP because they are concerned about the lawsuit can opt for Stellar Lumens (XLM). This crypto project also provides cross-border payments with extremely low fees and fast transaction times.
Transferring XLM worldwide takes seconds and costs a fraction of a penny. You don’t need to fill out forms, visit a swap shop or wait days for a transfer. Stellar Lumens simplifies that process from home.
6. Dogecoin
Whether the market sees Dogecoin as a joke or a meme coin is irrelevant. What matters is the return it can provide. And it has shown that the price can pump massively. During the 2021 rally, Dogecoin pumped more than 10,000%.
Such returns are not often seen, and Elon Musk’s recommendation has definitely helped. Dogecoin has crashed since the all-time high, so could another pump be imminent?
7. Shiba Inu
Following in the footsteps of Dogecoin is another meme coin, Shiba Inu. It doesn’t really have much use, but SHIB’s marketing team did a fantastic job of hyping up this coin. The result was that Shiba Inu pumped just over 1000% in October 2021.
And the coin needed less than a month to produce those returns. Similarly to Dogecoin, SHIB has fallen after reaching its all-time high. Considering that the price has lost so much of its value, investors may be wondering if now is the time to buy the Shiba Inu.
8. Cronos
The market has revealed the extent to which native token pumps such as BNB of Binance can offer. Cronos (CRO) is the native token of Crypto.com, a popular crypto exchange.
Cryptocurrency exchanges tend to pump their coins to millions of their users and the market has already seen CRO increases of more than 1000% in a few months during 2021. CRO is currently trading at $0.15.
The verdict
All the penny cryptos we featured have generated massive pumps, but we found Tamadoge and Battle Infinity to be extremely popular. Tamadoge has raised millions of dollars within weeks of its presale, and Battle Infinity’s presale sold out within 24 days.
Now investors have a chance to get into Battle Infinity by investing in IBAT on PancakeSwap.
