The past decade has seen tremendous improvements in the cryptocurrency space. This trend undoubtedly needs more attention. In this article, we will share with you the top 10 best crypto to buy now that it’s still under $1 otherwise known as “penny cryptocurrency”.
Before we go over the top 10 list of best crypto to buy now, let’s first answer an important question. “What is penny cryptocurrency?”
What is penny cryptocurrency?
Penny cryptocurrency is a digital currency with a value of less than one dollar. There is no government or central bank backing it, and there is no guarantee that its value will rise in the future.
One of the best things about penny cryptocurrencies is that their value stays the same. As a result, it is very unlikely that their value will decrease over time, which is great news for those looking for a risk-free investment option.
One more perk of penny cryptocurrencies is how simple it is to put money into them. This makes them accessible to everybody who is interested and does not necessitate a significant outlay of cash to acquire.
Last but not least, using penny coins to learn more about cryptocurrency is a fantastic idea. They make an excellent starting point.
Enough of these details. Let’s go over our Top 11 Best Crypto to BUY now under $1.
Top 11 Best Crypto to BUY now under $1
#1. Dogecoin $DOGE
First on our list is Dogecoin. Dogecoin was initially developed as a “joke” by software developers Billy Markus and Jackson Palmer in order to make fun of the irrational investment in cryptocurrencies at the time. It is commonly referred to as the first “meme coin” and, more particularly, the first “dog coin.”
DogeCoin Use Case
For the most part, Dogecoin has been used as a tipping mechanism on social media sites like Reddit and Twitter to reward people for producing or sharing excellent content. The goal was to help the bitcoin industry expand.
DogeCoin tokens can also be used on real-world products and services.
DogeCoin can be used to buy a wide range of products and services from both online and offline merchants.
Visit the Dogecoin webpage for more details.
Is Dogecoin legit, live, or dead? Watch Video
#2. Chilliz $CHZ
Second, Chiliz is a cryptocurrency for blockchain-backed products and services aimed at mainstream consumers. Its primary goal is to improve everyday experiences such as fan engagement in entertainment, alternative payment solutions for traditional products, and more.
Chiliz Use Case
Also, Chiliz provides blockchain-based tools to sports and entertainment organizations to help them engage and monetize their audiences.
#3. Basic Attention Token $BAT
The Basic Attention Token, or BAT, is a blockchain-based system that keeps track of how much time and attention media consumers spend on the internet when they use the Brave web browser. Its goal is to make sure that marketers, publishers, and people who use marketing materials and ads online all get their fair share of advertising revenue as quickly and efficiently as possible. It is built on the Ethereum blockchain.
BAT Use Case
Furthermore, there are a number of potential use cases for BAT. One example is using BAT to pay for content on websites and apps. This would allow users to access content without having to pay expensive fees. Another potential use case is using BAT to reward individuals for providing valuable content. This would help to incentivize people to provide quality content.
#4. Stellar Lumen $XLM
Stellar was created as a publicly distributed ledger for the purpose of token distribution and monetary exchanges. The Stellar network can be used to create, send, and trade digital representations of any form of value, including but not limited to US dollars, Argentine pesos, Bitcoin, real estate, and pretty much anything else you can think of. It was developed so that people using completely different currencies might freely exchange information online with one another.
As a public network, Stellar belongs to all of its users. The program runs on a decentralized, public network and processes millions of transactions daily. Stellar, like Bitcoin and Ethereum, makes use of blockchain technology to record and verify transactions, but the user experience is closer to that of cash thanks to Stellar's faster speeds, lower transaction fees, and lower energy consumption.
Stellar Use Case
Stellar's design prioritized enabling instant and cheap financial transactions. The high transaction throughput of the network makes it suitable for use in international trade.
#5. Zilliqa $ZIL
Zilliqa is a new high-throughput blockchain platform designed to enable scalable, secure, and decentralized applications. The Zilliqa platform makes use of sharding technology, which enables the processing of thousands of transactions per second. This makes it an excellent choice for usage in applications such as online gaming and markets.
Zilliqa also has a unique governance model that lets people make new apps on the platform without having to get approval from a third party.
Some Zilliqa Use Cases
There are several use cases for Zilliqa that could be implemented in a variety of industries. Here are a few:
Payment Processing
Zilliqa could be used to process payments faster and more efficiently than current systems.
Smart Contracts
Zilliqa could be used to create more efficient and secure smart contracts than current platforms.
Data Sharing
Zilliqa could be used to share data more efficiently and securely than current systems.
#6. Reserve Rights $RSR
The Reserve Rights Token is a new kind of cryptocurrency that allows users to trade and invest in tokens that represent ownership of a certain percentage of a specific reserve.
These tokens give the owner the right to get a share of the profits made by the reserve, whether or not the reserve is used. The Reserve Rights Token is a new kind of cryptocurrency that allows users to trade and invest in tokens that represent ownership of a certain percentage of a specific reserve.
Reserve Rights Use Cases
One reserve rights token could be used in many different scenarios along the road. Several such applications are provided below.
A token representing reserve rights could be utilized in a customer loyalty program.
The token could be used as a type of incentive for repeat business or for following a company's social media accounts.
The usage of a reserve rights token as a medium of exchange is possible. The token might be used by consumers to buy products and services from token-issuing businesses.
More Best Crypto to BUY now under $1 Below
#7. VeChain $VET
VeChain is a blockchain platform for products and services. It aims to create a transparent and secure system for products and information. It also allows for automatic and seamless transactions between parties. VeChain is based on blockchain technology and uses its own token, VET.
VeChain Use Cases
It has a wide range of use cases, including food safety, supply chain management, and auditing. Some of the most popular VeChain use cases include the VeChain Thor platform and also the VeChainThor Mobile App.
VeChain Thor is a platform that allows for the secure and transparent management of assets. It features a decentralized application (DApp) platform, a registry of assets, and a built-in wallet. The VeChainThor Mobile App allows for the management of assets and DApps on the go. It features a user-friendly interface and support for multiple languages.
#8. REEF Finance $REEF
By providing a consolidated platform for managing and funding maritime projects, REEF Finance aims to cut down on the time and money spent on this type of financing. The platform provides a transparent, auditable, and reliable platform for managing and financing maritime projects.
REEF Finance Use Cases
REEF Finance provides a transparent, auditable, and reliable platform for managing and financing maritime projects.
#9. Tron $TRX
Tron is a blockchain-based platform that allows users to create and use their own digital tokens. It operates on a consensus protocol and its native currency TRX. The platform accepts TRX for purchases. Founded in 2017, Justin Sun's Tron is now one of the world's major blockchain initiatives.
Tron Use Cases – Best Crypto to BUY now
Also, The Tron has a number of use cases, including:
- Payment for online content
- Payment for goods and services
- Payment for content creators
#10. Shiba Inu $SHIB
If you’re not aware. Shiba Inu is one of the meme cryptocurrencies today. This new digital asset is based on the Ethereum platform and uses the ERC20 token standard.
What is SHIB Coin?
SHIB Coin is a new cryptocurrency that uses the ERC20 token standard. It’s based on the Ethereum platform and uses the same blockchain technology as other cryptocurrencies.
Shiba Inu SHIB Use Case
The purpose of SHIB Coin is to provide a convenient way for people to buy and sell goods and services online.
#11. Decentraland $MANA
Decentraland is a new virtual reality platform that allows users to create, own, and trade virtual land. The MANA cryptocurrency is the driving force behind the project, and it is utilized to acquire virtual goods and services.
Decentraland Use Cases
Some of the more popular Decentraland use cases include:
- Gaming: One of the most popular Decentraland use cases is gaming.
- Decentraland lets users buy and sell property in a virtual world.
- Decentraland can build a virtual world for tourists to explore.
Check out Live Forex Trading: What You Don’t Know (Simplified)
Our Crypto Exchange Recommendation:
Join Over 10m Happy users on ByBit. Sign up now and receive a $20 welcome bonus.
Plus, exclusive rewards worth up to $4,150!
Conclusion
First, In this post, we list the 11 best penny cryptocurrencies to buy now. Billy Markus and Jackson Palmer created Dogecoin as a “joke” to mock irrational cryptocurrency investing at the time. BAT monitors media users' time and attention while using the Brave web browser. Stellar enables rapid, low-cost transactions. Zilliqa is a high-throughput blockchain platform for scalable, secure, decentralized apps.
Second, Zilliqa allows users to trade and invest in tokens that represent a percentage of a reserve. Reserve Rights Tokens are a kind of payment. VeChain uses its own coin, VET. VeChain Thor enables secure, transparent asset management. REEF Finance helps finance maritime projects faster and cheaper.
As the last point, Justin Sun established Tron in 2017; today, it ranks among the most extensive blockchain projects. SHIB is shorthand for Shiba Inu. In Decentraland, users can build, own, and trade digital real estate. MANA is the currency of Decentraland.
Do you have any questions or suggestions? Please leave a comment or get in touch with us. We'll try to get back to you as soon as we can. Thanks for reading! If you liked this post, please like and share it with your friends.