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Cryptocurrency has gone from a fringe asset to the mainstream in just a few years. With Bitcoin leading the charge, there are now thousands of cryptocurrencies you can invest in and trade. This also raises an important question: What will be the best penny cryptocurrency to buy in 2022?
Cryptocurrency is still incredibly volatile, and it can be challenging to find the right ones to buy today. However, with a little bit of research, you’ll have no trouble finding the best penny cryptocurrency to buy in 2022.
Lucky block
Lucky block is a cryptocurrency created through the division of the Ethereum currency. It is an ERC-20 token with the ticker symbol LUCKY. The main concept of this token is that its price is destined to skyrocket in the near future due to its limited supply.
Chillz was created by a person named Kevin Webb. Chillz was first thought of as an unwanted coin since it had no purpose to begin with, and looked like every other altcoin on the market. However, as time went on, Chillz gained some value, and it’s possible that it could be worth something in the future.
XRP is a cryptocurrency released back in 2012 by Ripple Labs Inc., under the name OpenCoin. This coin has been around for quite a while now and has gained popularity due to its high-speed transactions and low fees compared to other cryptocurrencies such as Bitcoin or Ethereum.
Ren describes itself as a “non-custodial liquidity protocol built to facilitate the transfer of value across different blockchain networks.” The project is currently focused on bridging the gap between Ethereum and Bitcoin.
Cardano is a decentralized public blockchain designed to run smart contracts and Dapps, similar to Ethereum. The network was launched in 2017 by Charles Hoskinson, co-founder of Ethereum (ETH) and Bitshares.
DeFi Coin
DeFi coin is a highly focused cryptocurrency in the decentralized finance market. This cryptocurrency was established by the BlockFi company, which has a lot of expertise in investing and banking. The value of this cryptocurrency has grown to $1.2 billion since it was introduced in May 2020, with a price of $0.0501 per coin.
Stellar is one of the best penny cryptocurrencies you can invest in because it has a very low transaction fee and offers a fast transfer time for its users. This is mainly because it uses the Stellar Consensus Protocol, which allows its users to create decentralized applications (Dapps) at a very fast rate, and these Dapps can run on top of the network.
Basic Attention Token
Basic Attention Token is an Ethereum token created to improve the efficiency of digital advertising. Basic Attention Token is designed to be used on the Brave browser and allows advertisers to pay users in BAT for their attention as they browse the web. The team behind the token has partnered with some big names in the digital advertising industry and plans to roll out their BAT platform soon.
The Tron Foundation’s mission is to “Decentralize the Web.” The Tron Protocol aims to be a blockchain-based content entertainment protocol for global free content entertainment. Tron has already acquired BitTorrent, one of the world’s largest decentralized peer-to-peer protocols, and aims to build a platform where creators can freely publish, own and store data and where users can access content-related services. The platform’s native token is TRX, which operates as a utility token within the system’s ecosystem.
Decentraland is an Ethereum-based virtual reality platform that uses its native MANA token as an in-game currency, which can also purchase real estate in the Decentraland virtual world.
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