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Riding the Crypto Wave: Explore these top 8 penny cryptocurrencies for lucrative gains in 2023.
With the growing popularity of cryptocurrencies, investors are constantly searching for the next big thing that can bring significant returns on their investments. While some investors prefer to invest in established, major cryptocurrencies like Bitcoin and Ethereum, others gravitate towards penny cryptos, hoping to buy low and sell high. Penny crypto refers to cryptocurrencies that are valued at less than $1. In this article, we will provide an overview of the 8 best penny cryptos to invest in:
- DigiToads (TOADS)
- Cardano (ADA)
- VeChain (VET)
- Basic Attention Token (BAT)
- Shiba Inu (SHIB)
- Zilliqa (ZIL)
- Dash 2 Trade (D2T)
- Tamadoge (TAMA)
Here’s why DigiToads is an incredible investment opportunity:
P2E Gaming
DigiToads builds an exciting web3 game that allows players to collect, nurture and battle unique DigiToads. Each toad has its own set of characteristics, strengths and weaknesses, making them unique additions to any collection. Players can use TOADS tokens, the project’s native currency, to buy food, potions and training equipment for their DigiToads, increasing their strength and abilities. At the end of each season, the top 25% of players on the leaderboard will receive TOADS tokens as a reward. In addition, 50% of the funds collected from the sale of in-game items will be allocated to the prize pool and distributed among the top 25% players. This provides a real opportunity for players to earn money while playing the game.
Community Rewards
DigiToads places a high value on community, and as such the project is built to reward TOADS holders continuously. Every month 10% of raised funds will be sent to token holders. This creates a recurring revenue stream for holders and motivates them to hold tokens.
NFT Strike
To fund NFT’s staking platform, 2% of each TOADS transaction is added to the staking pool. This ensures that the project can always reward community members. The stake pool is then released to NFT holders who have decided to stake their NFTs periodically. The longer an NFT is staked, the more the holder will earn in rewards.
Trade competitions
DigiToads aims to bring in more users and trading volume daily. As part of this goal, the project hosts monthly trading contests on the chain, with prizes of one platinum toad each month. These competitions take place over the course of a year, meaning there are 12 Platinum Toads to be won. The owner of a Platinum Toad has remote access to 1/12 of the TOADS crate to be traded. This ensures that the best community traders in the ecosystem are responsible for the treasury, and ensures that the community is in control. If you are one of the 12 to trade the treasury with a platinum toad, you will receive 10% of all trading profits you make for the treasury as an incentive to increase its size.
DigiToads creates a comprehensive ecosystem that offers multiple ways to earn money and engage with the community. With its unique focus on collectible NFT toads, this project is a refreshing take on blockchain gaming. The pre-sale is happening now, so don’t miss your chance to be a part of the DigiToads community and take advantage of the benefits.
Buy DigiToads here
Cardano (ADA)
Cardano (ADA) is a blockchain platform founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. Launched in 2017, it is an open source and decentralized public blockchain platform. The project is overseen by the Cardano Foundation, based in Zug, Switzerland. Cardano aims to be a decentralized application development platform (DApp) with a multi-currency wallet and has achieved consensus using proof of stake.
Cardano’s internal cryptocurrency is called ADA, and it can facilitate peer-to-peer transactions. ADA has seen significant price growth in recent times, rising from $0.17 in early 2021 to $1.23 in March 2023, and some experts predict it could reach $10 in the future. However, it is important to note that there is no guarantee of ADA’s future performance, and some analysts predict that the price may decline in the coming years.
In summary, Cardano is a public blockchain platform that aims to be a decentralized application development platform. Its internal cryptocurrency, ADA, can facilitate peer-to-peer transactions and has seen significant price growth in recent years. However, as with any cryptocurrency, there is no guarantee of future performance, and some analysts predict that the price may decline in the coming years.
VeChain (VET)
VeChain (VET) is a blockchain platform that aims to improve supply chain management and increase transparency in business operations. It uses a distributed ledger technology that allows companies to track and manage their products throughout their lifecycle. VeChain has grown rapidly in recent years, with over 300 corporate partners currently using their services.
One of the main features of VeChain is the use of VET as a value transfer medium, enabling rapid circulation of value in the ecosystem. VET is also awarded to network nodes that help facilitate the ecosystem through operations, and acts as a form of incentive.
Overall, VeChain aims to increase transparency and efficiency in supply chain management through its blockchain platform and has gained significant traction with over 300 corporate partners using its services. The use of VET as a value transfer medium and incentive for network nodes is a unique feature of the platform, and the team is also focused on sustainability through reducing the carbon footprint of the network. While there may be some uncertainty in VET’s price in the short term, the platform’s growth and partnerships suggest a promising future.
Basic Attention Token (BAT)
Basic Attention Token (BAT) is a cryptocurrency created on the Ethereum blockchain to improve the current state of digital advertising. The token was originally designed as part of a digital advertising platform, Brave, a browser that blocks ads and protects users’ personal data and identities. BAT is intended to serve as a tool to track media consumers’ time and attention on websites and efficiently distribute advertising funds among advertisers, publishers and consumers of online marketing content and advertisements.
The ultimate goal of BAT is to create a transparent, decentralized digital advertising ecosystem where users can be rewarded for their attention and data without compromising privacy. BAT users can enable ads in the Brave browser and earn up to 70% of revenue in the form of BAT. They can then exchange BAT for cash, exchange it for other cryptocurrencies or keep it in their digital wallet.
The creators of BAT designed the token as a possible solution to the problems of online fraud, fraud and bad intentions relevant to the digital marketing environments. The goal is to create a secure and efficient digital advertising ecosystem that benefits all participants, including users, publishers and advertisers.
BAT has seen impressive results since its integration into the Brave browser’s first global private advertising platform, with 55 million monthly active users and 16 million daily active users.
In conclusion, Basic Attention Token is a cryptocurrency designed to create a secure and efficient digital advertising ecosystem where users can be rewarded for their attention and data without compromising their privacy. BAT serves as a tool to track media consumers’ time and attention on websites and efficiently distribute advertising funds among advertisers, publishers and consumers of online marketing content and advertisements. The creators of BAT designed the token as a possible solution to the problems of online scams, fraud and bad intentions in digital marketing communities.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a cryptocurrency that was created in August 2020 by an anonymous developer or group known as “Ryoshi.” The token was designed to be an Ethereum-based alternative to Dogecoin (DOGE) and is intentionally abundant, with an initial circulating supply of one quadrillion coins. Like DOGE, SHIB is often considered a memecoin.
SHIB was inspired by the Japanese dog breed, the Shiba Inu, and the symbol on the symbol bears the resemblance to this breed of hunting dog. While the token was created with the intention of being a joke, it has gained a significant following and its value has skyrocketed.
The SHIB ecosystem also supports projects such as an NFT art incubator and a decentralized exchange called ShibaSwap.
Zilliqa (ZIL)
Zilliqa (ZIL) is a high-throughput public blockchain platform launched in 2017 designed to scale thousands of transactions per second. It is the world’s first sharded blockchain and has a fixed maximum supply of 21 billion ZIL tokens. Zilliqa’s efforts are focused on improving the efficiency, trust and transparency of Web 3.0 through blockchain technology.
Zilliqa also supports non-custodial staking, where users can stake their ZIL tokens and earn an annual return of 6% or more. Overall, Zilliqa aims to provide a fast and secure blockchain platform that can support a wide range of decentralized applications and use cases.
Dash 2 Trade (D2T)
Dash 2 Trade (D2T) is a token based on the Ethereum blockchain that aims to improve cryptocurrency trading by providing advanced trading signals and analysis features to maximize trading opportunities. There is a new player in the crypto market that seeks to offer a customized dashboard that includes social sentiment, chain metrics, technical indicators and trading strategies. D2T is designed to cater to traders and investors of all levels, from beginners to seasoned professionals, and to provide them with the necessary tools to make informed trading decisions.
D2T builds a comprehensive dashboard of crypto signals and analysis, which aims to provide traders with the latest market information, technical indicators and trading strategies to help them stay on top of the market. The platform also includes powerful chain data and breaking news tracking, which can really impact performance. Furthermore, the D2T token holders will be able to access a full range of crypto signals and analysis functions to maximize their trading opportunities.
Following the conclusion of the pre-sale, D2T is expected to launch its innovative dashboard and intelligence platform in the first quarter of 2023, and it will be listed on the centralized LBANK Exchange.
Tamadoge (TAMA)
Tamadoge (TAMA) is a meme coin that has gained popularity in the cryptocurrency world. According to a prediction, TAMA could trade between $0.05 to $0.3 by the end of 2023 due to the incorporation of several P2E elements, including an AR app, P2E arcade and metaverse partnerships
TAMA’s popularity has increased, in part due to the OKX exchange, where the token’s price has increased by over 200% since its listing. TAMA has also seen significant increases in volume, with prices rising after a massive pre-sale that raised over $17 million.
Overall, Tamadoge (TAMA) is a meme coin that has gained popularity due to its active online community and partnerships. While the current price remains relatively low, the potential for growth in the coming years through the incorporation of P2E elements and metaverse partnerships makes it an exciting investment opportunity.
The Best Penny Crypto? DigiToads
If you’re looking for a high-growth token that offers more than just speculative value, you should check out DigiToads. This project is leagues ahead of the rest with its unique ecosystem. DigiToads P2E games, NFT staking and trading competitions, all centered around the NFT toads that accumulate and generate passive income for TOADS holders.
Join the DigiToads Presale here