The crypto industry has been booming in recent years. Popular cryptocurrencies like Bitcoin, Ethereum, etc., hit higher highs in 2021. Many crypto investors made millions of dollars during that period. The best investors always seek to diversify their portfolios alongside looking for assets that expand and enlarge their equities. Many cryptos under a penny enable these investment opportunities for individual investors.
However, many crypto coins are coming to the marketplace with different attractive features, and sorting the best among them requires research. This article will introduce you to the top five cryptos under a penny that might explode this year and provide a high rate of return within a short time.
What is crypto under a penny?
Cryptos under a penny are altcoins that you can buy for less than one cent. These crypto-assets are similar to penny stocks that are comparatively cheaper and belong to quite volatile assets. However, some of these assets can make substantial gains in the recent future.
How to choose the best cryptos under a penny?
Choosing the best cheap cryptos requires checking on several factors such as:
- Conduct primary research before investing and check market value, use cases, teams, price projections, etc.
- Assure that your preferable crypto is available on major crypto exchange platforms, including Bitmex, Coinbase, Huobi, OKEx, etc.
- Check the coin’s market performance, trading history, and future projections.
- The crypto has at least a market cap of $20 million, and the circulating supply amount should be between 10 million-1 billion.
- Make sure the 24-H trading volume is attractive.
The best five cryptos under a penny
Many cheap crypto assets are circulating in the crypto marketplace with various attractive features and potentiality. The best five among them are:
- eCash (XEC)
- BitTorrent (BTT)
- Holo (HOT)
- Telcoin (TEL)
- Dent (DENT)
eCash (XEC)
What is eCash about?
You can consider eCash as a rebranded version of Bitcoin Cash ABC (BCHA). It is a fork of Bitcoin Cash (BCH) and Bitcoin (BTC). The rebranded period of this crypto coin is 1 July 2021, and Amaury Sechet is the led developer of eCash (XEC).
Most special aspect
eCash strictly means an alternative way of payment for goods and services. eCash price is floating near $0.000072 today with a 24-H trading volume of $19,276,443.
XEC price performance
XEC made a top peak near $39.90 in Apr 2021. And the recent peak is near $32.49 in Jul 2021; then the price drops to near $0.000045 in Aug 2021. The current support level is near $0.000057 and starts bouncing back to the upside.
XEC price prediction 2022
Many crypto analysts predict the price of XEC might reach near $0.00010 by Dec 2022.
BitTorrent (BTT)
What is BTT about?
BitTorrent is a familiar P2P file sharing platform that has become rapidly decentralized in recent years.
Most special aspect
The original release date of this platform was Jul 2001, and the blockchain platform TRON bought this platform in Jul 2018. BTT price is floating near $0.00156 today with a 24-H trading volume of $63,608,399.
BTT price performance
BTT made the highest peak near $0.012 in Apr 2021. Since then, the price has been declining and is currently floating near a support level.
BTT price prediction 2022
Many crypto analysts anticipate the price of BTT might hit near $0.002 by Dec 2022.
Holo (HOT)
What is Holo about?
Holo is a P2P distributed platform for hosting decentralized applications built using Holochain.
Most special aspect
Holo aims to serve as a bridge between apps built using Holochain and the broader internet. HOT, this platform’s native token, is floating near $0.0042 today with a 24-H trading volume of $40,849,783.
HOT price performance
HOT made the highest peak near $0.0168 in Nov 2021, has been on a downtrend since then, recently found support near $0.0035, and starts bouncing upside.
HOT price prediction 2022
Many crypto analysts expect the price of HOT might hit near $0.008 by Dec 2022.
Telcoin (TEL)
What is TEL about?
Telcoin is a P2P crypto platform. This platform aims to deliver Defi into automated, seamless, user-owned applications and distribute those services and products through telecoms to every mobile phone user globally.
Most special aspect
Paul Neuner is the founder of this platform and the foundation period is 2017. TEL/USDT is floating near $0.0055 today with a 24-H trading volume of $2,833,316.
TEL price performance
TEL made the highest peak near $0.064 in May 2021. The price has been on a downtrend since Nov 2021 after making a peak near $0.036. It starts to bounce upward from recent support near $0.005.
TEL price prediction 2022
Many crypto analysts expect the price of TEL to reach near $0.0078 by Dec 2022.
Dent (DENT)
What is Dent about?
Dent is a revolutionary digital mobile operator that offers eSIM cards, call minutes top-ups, mobile data plans, and a roaming-free experience.
Most special aspect
Dent uses the power of blockchain technology to create a global marketplace for mobile data liberalization. DENT is floating near $0.0025 today with a 24-H trading volume of $39,099,367.
DENT price performance
DENT made the highest peak near $0.022 in Apr 2021. The price bounces from $0.0019 after being downtrend for several months.
DENT price prediction 2022
Many crypto experts anticipate the price of DENT might hit near $0.00532 by Dec 2022.
Final thought
We listed the five most potent cheaper and most potential crypto coins under a penny. Any individual investor can purchase a considerable amount rather than buying a single popular crypto coin like Ethereum or Bitcoin.
