- 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:
- Metacade (MCADE)
- Stellar Lumens (XLM)
- Tron (TRX)
- VeChain (VET)
- Hedera (HBAR)
- 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.
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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.
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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