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 could bring significant returns on their investments. While some investors prefer to invest in established large-cap cryptocurrencies like Bitcoin and Ethereum, others are drawn towards penny cryptos, hoping to buy low and sell high. Penny cryptos refer to cryptocurrencies that are valued at less than $1. In this article, we will provide an overview of the top 8 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:
DigiToads is building a thrilling web3 game that lets players 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 purchase food, potions, and training equipment for their DigiToads, increasing their strength and abilities. At the end of every season, the top 25% of players on the leaderboard will receive TOADS tokens as a reward. Additionally, 50% of the funds raised from selling in-game items will be allocated to the prize fund and distributed among the top 25% of players. This provides a real opportunity for players to earn money while playing the game.
DigiToads places a big emphasis on community, and as such, the project is built to reward TOADS holders continuously. Every month, 10% of funds raised will be airdropped to token holders. This creates a recurring income stream for holders and incentivizes them to hold onto their tokens.
To fund the NFT staking platform 2% of every TOADS transaction is added to the staking pool. This ensures that the project can always reward its community members. The staking pool is then released to NFT holders who have decided to stake their NFTs at regular intervals. The longer an NFT is staked, the more the holder will earn in rewards.
DigiToads aims to bring in more users and trading volume daily. As part of this goal, the project hosts monthly trading competitions on-chain, with prizes of a Platinum Toad each month. These competitions take place over the course of a year, meaning there are 12 Platinum Toads up for grabs. The owner of a Platinum Toad has remote access to 1/12 of the TOADS treasury to be traded. This ensures that the best community traders within the ecosystem are in charge of the treasury, making sure the community is in control. If you’re one of the 12 trading the treasury with a Platinum Toad, you’ll receive 10% of all trading profits you make for the treasury as an incentive to increase its size.
DigiToads is creating 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 presale is happening now, so don’t miss out on the opportunity to be part of the DigiToads community and take advantage of its benefits.
Buy DigiToads Here
Cardano (ADA) is a blockchain platform founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. It was launched in 2017 and 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 (DApp) development platform 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 growth in price in recent times, rising from $0.17 at the beginning of 2021 to $1.23 in March 2023, and some experts predict that 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 its price could 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 growth in price in recent years. However, as with any cryptocurrency, there is no guarantee of future performance, and some analysts predict that its price could decline in the coming years.
VeChain (VET) is a blockchain platform that aims to improve supply chain management and increase transparency in business operations. It utilizes a distributed ledger technology that allows companies to track and manage their products through their entire lifecycle. VeChain has grown rapidly over the past few years, with over 300 enterprise partners currently utilizing its services.
One of the key features of VeChain is its use of VET as a value-transfer medium, which allows for rapid value circulation within the ecosystem. VET is also awarded to network nodes that help facilitate the ecosystem through their operation, serving 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 enterprise partners utilizing 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 its 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 initially designed as part of a digital advertising platform, Brave, a web browser that blocks advertisements and protects user’s personal data and identities. BAT is intended to serve as a tool for tracking media consumers’ time and attention on websites and efficiently distributing 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 their privacy. BAT users can enable ads on the Brave browser and earn up to 70% of the revenue in the form of BAT. They can then exchange BAT for cash, trade it for other cryptocurrencies, or hold it in their digital wallet.
The creators of BAT designed the token as a possible solution to the problems of online fraud, scams, and ill intent that are relevant to the digital marketing communities. The aim 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 ad 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 for tracking media consumers’ time and attention on websites and efficiently distributing 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 fraud, scams, and ill intent 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 token’s symbol features the likeness of 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) is a high-throughput public blockchain platform launched in 2017 that is 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 annual returns 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 enhance cryptocurrency trading by providing advanced trading signals and analytics features to maximize trading opportunities. It is a new player in the crypto market that seeks to provide a custom dashboard that includes social sentiment, on-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 is building a comprehensive crypto signals and analytics dashboard, 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 on-chain data and tracking of the latest news, which can truly impact performance. Furthermore, the D2T token holders will be able to access a full range of crypto signals and analytics features to maximize their trading opportunities.
Following the conclusion of its presale, D2T is expected to launch its innovative dashboard and intelligence platform in the first quarter of 2023, and it will list on the centralized exchange LBANK Exchange.
Tamadoge (TAMA) is a meme coin that has gained popularity in the cryptocurrency world. According to one prediction, TAMA may trade between $0.05 to $0.3 by the end of 2023 due to incorporating several P2E elements, including an AR app, P2E arcade, and metaverse partnerships
TAMA’s popularity has grown, in part, due to the OKX exchange, where the token’s price has increased over 200% since it was listed. TAMA has also seen significant upticks 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 its current price remains relatively low, its potential for growth in the coming years through the incorporation of P2E elements and metaverse partnerships makes it an intriguing investment opportunity.
The Best Penny Crypto? DigiToads
If you’re looking for a high-growth token offering more than just speculative value, you should check out DigiToads. This project is leagues ahead of the rest with its unique ecosystem. DigiToads P2E gaming, NFT staking, and trading competitions, all centered around the collectible NFT toads and generating passive income for TOADS holders.
Join The DigiToads Presale Here
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.
BSC NEWS is a private news network. All posts posted by this user belong 100% to bsc.news All rights are reserved to BSC NEWS for more information about BSC NEWS contact BSC NEWS HERE.