Penny cryptocurrencies are tokens that have a value less than $1 and a small market cap. Penny cryptos are popular amongst investors who are looking to gain exposure to new crypto projects without needing to invest a large amount of capital. If these projects do well long-term, it is possible to make significant gains by purchasing penny cryptocurrencies.
In this guide, we will explore the best penny crypto to buy and how to buy them.
Pepe Unchained ($PEPU)
- PEPE Unchained is a new and improved version of the original Pepe coin looking to 100x.
- Built on the Ethereum Layer 2 blockchain it offers scalability, speed and efficiency.
- $PEPU project offers double staking rewards with a current APY of 130,151%.
Project Launched
June 2024
Purchase Methods
ETH
USDT
Bank Card
- +1 more
Visit Here
Memebet Token ($MEMEBET)
- Enjoy a hassle-free, anonymous gaming experience with Memebet’s no-KYC policy via its Telegram Casino
- Holders can start wagering with their tokens and participate in the Memebet Wagering Presale Airdrop
- 70% of total supply allocated to presale and rewards
Project Launched
September 2024
Purchase Methods
ETH
BNB
Bank Card
Visit Here
Crypto All-Stars ($STARS)
- ERC-20 token that brings all the top meme coins into one platform
- Stake top meme coins like $BRETT, $TURBO, $PEPE, and $SHIB in the "MemeVault"
- $STARS holders can enjoy 3 times the staking rewards
Project Launched
August 2024
Purchase Methods
ETH
USDT
BNB
- +1 more
Visit Here
Shiba Shootout ($SHIBASHOOT)
- Shiba Shootout is a SHIB-inspired Wild-West-themed meme project with tons of utility.
- Early investors can buy and stake $SHIBASHOOT for massive rewards of 2,288% p/a.
- Join the 'Posse Rewards' referral program and earn extra rewards for both you and your referrals.
Project Launched
April 2024
Purchase Methods
ETH
USDT
Bank Card
- +1 more
Visit Here
Mega Dice Token ($DICE)
- The world's top GameFi SOL crypto, $DICE, offers the ultimate casino token experience.
- $DICE is the native token of the established and reputable global casino brand with over 50k loyal players.
- Buy and hold $DICE tokens to enter the $2,250,000+ USD airdrop. Presale has raised over $1.2M so far.
Project Launched
April 2024
Purchase Methods
SOL
ETH
BNB
Visit Here
DOGE2014 (DOGE2014)
- DOGE2014 enters the meme scene celebrating DOGE's 10-year market dominance.
- As an ERC20 PoS token participants can buy and stake DOGE2014 tokens to earn APY rewards.
- Currently offering its native tokens via presale, DOGE2014 aims to 10x.
Project Launched
June 2024
Purchase Methods
Bank Card
ETH
USDT
Visit Here
SpacePay (SPY)
- Empowering the future of crypto payments for customers and merchants, SpacePay makes buying goods and services with crypto easy.
- With SpacePay businesses can begin accepting crypto payments from an ever-growing global crypto community.
- SPY token presale offers buyers the chance to get their hands on the project's utility token. SPY holders can enter airdrops, vote on the future of the project, earn revenue share, and more.
Project Launched
May 2024
Purchase Methods
ETH
USDT
USDC
- +5 more
Visit Here
StarChain (STRC)
- StarChain aims to democratize astronomical science for modern crypto enthusiasts
- Underpinned by AI, StarChain analyzes vast amounts of astronomical data.
- STRC serves as the backbone to the project with various use cases including enabling transactions, accessing premium features and earning rewards.
Project Launched
August 2024
Purchase Methods
BNB
BNB
USDT
Visit Here
Best Penny Cryptocurriencies To Buy in 2024 – List
- Pepe Unchained (PEPU)— Pepe-inspired meme coin based on Ethereum’s L2 blockchain.
- Crypto All-Stars (STARS) – The Best Penny Crypto for Meme Token Staking
- Shiba Shootout (SHIBASHOOT)— Stake your claim in the wild west of penny cryptos.
- MegaDice (DICE)— The newest GambleFi token with great potential.
- SpacePay (SPY)— Decentralized protocol supports crypto as a payment option at retail stores.
Best Penny Crypto To Invest In Now
The best penny cryptos to buy in 2024 are crypto presale tokens that can be purchased before they are listed on exchanges. The best coins to consider include PlayDoge, WienerAI, and Sealana.
In the following section, we will take a closer look at the best penny crypto coins to buy and why they might be good opportunities in 2024.
1. Pepe Unchained – A Notable L2 Blockchain Upgrade to the Pepe Meme
Pepe Unchained debuts with big ambitions, aiming to be a top contender in the best penny crypto category. Its value is still below $1 to qualify for its status, but things might be different once we see the token on prominent exchanges. The L2 network’s scalability, lightning-fast transaction speeds, and significantly lower costs are things any tech-savvy investor will notice from the onset.
All the features on the L2 blockchain translate to real benefits for users. The ecosystem’s primary token, $PEPU, might just be what traders need to move past the growing inefficiencies on L1 networks. Things are still in development, meaning we should look forward to having the full weight of L2 blockchain’s efficiencies after $PEPU’s presale.
The staking rewards are equally impressive, thanks to the cost-cutting platform the L2 network brings. According to the project’s proposal, investors will receive double the staking rewards they are likely to get on regular L1 layer tokens. That seems to be enough for the early adopters, as they’ve already staked over 665 million tokens and counting.
There’s still time to catch up with $PEPU’s presale as we prepare for the PEPE L2 launch. Use our link to access the official platform for secured transactions.
| Token symbol | $PEPU |
| Presale supply | 1.6B tokens |
| Token type | ERC20 |
| Payment methods | ETH, USDT, and BNB |
| Listing price | To be announced. |
Buy Pepe Unchained Here
2. Crypto All-Stars – The Best Penny Crypto for Meme Token Staking
When the MemeVault launches, there will be no need to worry about swapping your meme tokens to other networks to participate in staking rewards. Crypto All-Stars offers renewed staking opportunities for the top meme tokens, even if your meme coin no longer supports staking in its network project. Bring it to the MemeVault, and you can still get something out of it.
This crypto project promises a revolutionary multi-token staking platform with MemeVault, set to launch after the presale. That means it will accept meme coins from any blockchain. The only requirement is that you must own $STARS tokens to participate in the MemeVault network and reap the promised rewards.
Crypto All-Stars has accumulated a substantial amount in a short time. The figure is currently standing at over $765,000. Our checks show that more investments are rolling in for the token as it completes another presale round.
Smart contract staking offers a dynamic APY. Those who invest early will likely get the most out of the annual returns. You can still join by connecting your Metamask wallet to the presale website. Best Wallet and Coinbase Wallet are also available if you prefer to use your mobile device for the purchase.
| Token Symbol | $STARS |
| Presale Supply | 20% of total supply |
| Network | ERC-1155 |
| Payment Method | ETH, BNB, and USDT |
Buy Crypto All-Stars Here
3. Shiba Shootout – The Best Penny Crypto for a Wild-West Adventure
Whether you are a fan of the Wild West and its culture or not, Shiba Shootout will interest you because of its reward-laden structure. The game carries the right mix of fun and perks. So, on the one hand, you’ll experience the iconic gun duels with sharpshooters, and, on the other, unlock $SHIBSHOOT tokens as you play.
Take the game for a spin to see what you’ll be working with beyond the speculative meme culture. The app is available across mobile devices running on Android or iOS.
Shiba Shootout did not go too overboard with the game graphics. However, it still has much to do to capture and sustain interest after the presale.
$SHIBSHOOT’s presale continues to run towards its funding goals. The current round targets $1.6 million, while the $SHIBSHOOT price stands at $0.0198.
When you turn to the game, Marshal Shiba and the sharpshooters are there to entertain you. On the other hand, referral rewards, perks for telling relatable stories, and exclusive tickets to big lotteries are extra privileges for token holders.
CoinGecko, DexTools, and Coinmarketcap will subsequently list $SHIBSHOOT. Then, we should have the floor to freely trade the token on centralized exchanges.
| Token symbol | $SHIBSHOOT |
| Presale supply | 770,000,000 tokens |
| Token type | ERC-20 |
| Payment methods | ETH, USDT, BNB, credit card |
| Listing price | To be announced. |
Buy Shiba Shootout Here
4. MegaDice – The Best of Both Worlds: Casino and Blockchain
MegaDice picked the Solana blockchain to host its native token, $DICE. That’s a plus for the casino, given Solana’s popularity among crypto developer circles. The blockchain has played host to several successful projects, including BONK and Dogwifhat.
As a casino player, you have the option of using $DICE or sticking with other regular cryptocurrencies. Using $DICE is the only way you will be eligible to participate in the $DICE airdrops. We are already past the first season, and you don’t want to miss out on the remaining two seasons.
The $DICE token is edging close to the $1 mark. New presale rounds will bring a price increase until the project wraps up early investments. For this reason and other crucial factors, most experts believe the token will break the $1 mark sooner than later.
$1.68 million has been raised. If you want to stake your $DICE, simply connect your wallet to the staking dashboard and enter the number of tokens you want to stake. You can review the dashboard to see your progress.
| Token symbol | $DICE |
| Presale supply | 147,000,000 tokens |
| Token type | SOL |
| Payment methods | SOL, ETH, BNB |
| Listing price | To be announced. |
Buy MegaDice Here
5. SpacePay – Linking Crypto Payments with Regular Stores
Real-world usage translates to utility, something SpacePay offers through crypto payments. It uses the $SPY token to power its ecosystem. With traditional stores accepting crypto payments, SpacePay is redefining how we view crypto use for purchases.
Participating in the presale will give you access to new features much earlier than others. For some of these features, you’ll have the opportunity to vote and shape the project’s vision as it matures in the industry.
Monthly airdrops will be available, but you’ll have to be among those with the most active wallets. That means using SpacePay for transactions and engaging with the ecosystem on its community channels.
Instead of allocating tokens to those who stake, SpacePay will share its revenue with its investors. That is SpacePay’s offer for passive rewards.
| Token symbol | $SPY |
| Presale supply | 6,800,000,000 tokens |
| Token type | ERC-20 |
| Payment methods | ETH, USDC, USDT, card |
| Listing price | To be announced. |
Buy SpacePay Here
What Are Penny Cryptocurrencies?
Penny cryptos are cryptocurrencies that are valued under $1 – they are often worth less than 1 cent. Due to their low price, penny cryptos to boom can be bought in large quantities without needing to put much capital at risk.
Penny cryptocurrencies are intriguing because of their low price point, which can make them seem like an enticing investment opportunity. However, it’s important to approach them with caution. Due to their low value, penny cryptocurrencies are highly volatile and can experience significant price fluctuations This means that their prices can skyrocket or plummet within a short period of time, making them risky for investors.
Investing in penny cryptocurrencies requires thorough research and due diligence. It’s crucial to understand the project behind the cryptocurrency, its potential for growth, and the credibility and expertise of the team behind it. Although there have been success stories of people who made significant profits from investing in penny cryptocurrencies with 1000x potential, there are also many who have suffered substantial losses.
Investors who are looking to build a more stable portfolio could consider the best long term cryptos. These tokens often have a higher price than penny cryptos but provide more stable price movement.
Are Penny Cryptocurrencies a Good Investment?
Penny cryptocurrencies can be a good investment opportunity – so long as you conduct thorough research and analysis. Some of the best cryptocurrencies on our list have the potential to provide investors with substantial returns. However, not all penny cryptos will see growth, and investing in undervalued coins is not suitable for every type of investor.
Nevertheless, here are some reasons why penny cryptos could be a good investment in 2024.
Potential price appreciation
One of the main reasons that some investors may choose to buy penny crypto is the potential for significant capital appreciation. Unlike more established coins, penny cryptocurrencies with 1000x potential are still in their early stages. This means that with the right timing and research, investors have the chance to get in at the ground floor and reap the benefits when the price soars. The allure of generating substantial profits from a small initial investment is enticing for many, making penny cryptos with 1000x potential an attractive option.
Portfolio diversification
Another reason that an investor may choose to buy penny crypto is the opportunity to diversify their portfolio without the need to invest a large sum. Penny cryptocurrencies allow investors to expose themselves to new promising cryptocurrencies, using only a fraction of their available capital.
For investors with money to lose, this can be a fairly low-risk way to diversify with new currencies. By spreading investments across a variety of low-priced coins, investors can take advantage of potential growth in multiple areas, even if some coins do not perform as expected. Diversification helps minimize the impact of any individual coin’s volatility, providing more stable trading strategies.
The risks of buying penny cryptos
The main risk associated with buying penny cryptos is that many of these currencies are new projects that may never reach their promised potential. It is normal for new crypto projects to promise huge returns but never see these targets through. This is because the success of new projects relies on investor interest, which cannot be guaranteed.
If a project fails to attract investors during the initial stages, it may not raise enough funds for future development. This could prevent penny cryptos from making any significant gains.
Furthermore, these cryptocurrencies may be more susceptible to fraudulent projects or pump-and-dump schemes, making thorough research and due diligence crucial before investing.
How To Buy Penny Cryptocurrencies in 2024
There are two main ways to buy penny cryptocurrencies: through a crypto exchange or through a presale. Out of the 13 top penny cryptos that we have found, 7 of them are currently available via presale.
In the next section of our guide, we will walk you through the steps that you should follow to take part in a crypto presale. If you are interested in buying crypto from an exchange, take a look at our helpful guide on how to buy ICO drops.
Step 1: Create a crypto wallet
To take part in a crypto presale, you will need to create a cryptocurrency wallet that is compatible with the relevant blockchain network.
For ERC20 tokens, MetaMask is a good option to consider. Coinbase Wallet is another popular option that can be connected to most presale events.
To create a wallet account, download the wallet app or extension and click ‘create new wallet’. Then, follow the prompts.
Step 2: Fund your wallet
The next step involves funding your wallet with coins that can be swapped for presale tokens. Examples include ETH, USDT or SOL.
You can buy coins directly from your wallet or send coins from an exchange to your wallet by using your wallet address.
Make sure that you have enough funds to cover the cost of buying presale tokens as well as gas fees.
Step 3: Connect your wallet to the presale
Once you have funded your crypto wallet with tokens, go ahead an connect it to the presale that you would like to participate in.
This process is relatively simple. Select the wallet that you would like to use and press ‘connect’.
Once you have connected your wallet to the presale, you will be able to use your funds to buy presale tokens.
Step 4: Claim tokens after presale
When you buy crypto from a presale, you will not be able to trade the tokens straight away. Instead, you will have to wait for the presale to end to claim them.
This involves reconnecting your wallet to the presale and selecting ‘claim’. You will then need to follow the instructions provided by the presale website.
Some of the best crypto presales allow you to stake your tokens before the presale has finished. This is a good way to take advantage of high APYs.
How To Find The Best Penny Crypto
One of the biggest challenges faced by crypto investors is finding cryptos under a penny that have potential. It can be difficult to determine worthwhile projects from the sh*tcoins that don’t have long-term potential.
To find the best crypto under a penny, you should use a variety of sources, conduct regular market analysis, and stay up-to-date with the latest project launches.
Here is a closer look at how to find the best penny cryptos.
Cryptocurrency presales
One of the best ways to find promising penny stocks is to participate in crypto presales.
These presales, also known as initial coin offerings (ICOs), allow investors to purchase tokens or coins at a discounted price, with the hope that the value will increase once the project is fully operational.
One of the main advantages of participating in a cryptocurrency presale is the potential for high returns on investment. Early investors often receive bonus tokens, making the initial purchase even more lucrative. Additionally, if the project gains traction and becomes successful, the value of the tokens can skyrocket, resulting in significant profits for those who participated in the presale.
Token listing alerts
Token listing alerts play a crucial role in keeping investors informed about new listings on various exchanges. These alerts act as a means of notifying users whenever a new token is listed for trading. This information is valuable for traders and investors alike, as it helps them stay up-to-date with the latest opportunities for investment.
You could set a listing alert for penny cryptocurrencies to find the next best penny crypto opportunities. By doing this, you would be notified every time a new penny coin is launched on the market.
Social media
Our favorite way to find penny cryptos with potential is to participate in social media communities. There are hundreds of active communities that offer exclusive insight into the crypto market and often reveal valuable information about the best projects.
You can use social media to find penny cryptos by using relevant hashtags such as #cryptogems or #pennycryptos. Another good idea is to follow knowledgeable influencers who often receive early insight into new projects. Using social media is also a great way to gauge the sentiment around a project before investing, which is a good way to determine whether or not it has potential.
Best Penny Cryptocurrency – The Verdict
The best penny cryptos to buy in 2024 include PlayDoge, Sealana and WienerAI. However, there are numerous other tokens that stand out as promising opportunities.
The top cryptos under a penny are tokens that have long-term potential which can be determined by looking at the tokenomics, roadmap, project team and community. By investing early in a project that has potential, you could see significant returns on your investment.
However, there is no guarantee that the value of penny cryptocurrencies will ever go up. Never invest more than you can afford to lose and always conduct thorough research before making any investment decisions.
