Penny investments in cryptocurrencies could pay off hugely if that particular coin takes off and is used by more people. They also promise huge gains for a very small original investment, which is very tempting. But there are a lot of “penny cryptocurrencies” on the market that trade for less than $1, and some even trade for less than a penny. So, which best penny crypto should you pay attention to in this ocean of opportunities?
This guide talks about the best penny cryptocurrencies to invest in for 2024. It explains what they are and why they could go up a lot in value. We also talk about why buyers choose tiny cryptocurrencies and how to choose the right ones for you.
Next Penny stock to explode in 2024:
Here is a list of the next penny stock to explode in 2024 to help buyers choose a good project for their business.
- Wall Street Pepe: A Community-Powered Penny Crypto for Traders of Meme Tokens.
- Solaxy: Best penny crypto uses Ethereum and Solana blockchain
- Flockerz: The Best Upcoming Meme Coin with Big Staking Bonuses.
- Best Wallet Token: Crypto Wallet Utility Token With a $10 Million Hard Cap
- Meme Index: Best penny crypto and the best place to buy Meme Coins.
- CatSlap:A new meme coin launched with a low market cap of $1 million
- Sponge V2 is a play-to-earn game and penny cryptocurrency that has a strong group of 30,000 users.
- Dogesquared: The Dogecoin Network’s Micro Cap Layer-2 Solution
- DTX Exchange
Full Analysis of the Best Penny Crypto to Invest in 2024
Doing a lot of study is a big part of finding best crypto under a penny that will go off the charts. We’ve looked at and ranked the most potential penny cryptocurrencies below to help you with this.
Wall Street Pepe: A Community-Powered Penny Crypto for Traders of Meme Tokens
Wall Street Pepe is well on its way to become the greatest penny cryptocurrency, even if it will have competition from a number of other meme token releases in 2024. It has a special place among those searching for high-risk, reasonably priced tokens because of its very cheap price and thrilling presale. Particularly since Bitcoin crossed the $100,000 level and the market seems to be positive, the adoption has been enormous.
In the first five hours of the presale, the WEPE token raised $100,000. You may get it at a discounted price since it is still in presales. When the cryptocurrency launches on decentralized markets, experts expect that its price will be much higher.
For its token holders, Wall Street Pepe has outlined a number of advantages. Trading Alpha is a well-known platform that offers real-time methods, calls, signals, and market insights to help you make better trading choices. After you get over that, you’ll have a tight-knit group of seasoned traders that are constantly exchanging expertise.
Staking during the presale and exchanging prizes after the token is live on DEX are your options if you desire more WEPE tokens. All you have to do for the latter is submit successful trades to the community during the recurring trading competitions.
| Presale Started | November 2024 |
| Ticker | $WEPE |
| Chain | Ethereum |
| Payment Methods | ETH, USDT, BNB, Card |
| Starting Price | $0.0080964 |
| Current Price | $0.000202 |
Solaxy ($SOLX): Best Penny Crypto Uses Ethereum AND Solana Blockchain
Solana Layer-2 blockchain Solaxy ($SOLX) is the first one of its kind. Now, Solana doesn’t have to worry about network congestion, scalability limits, or deals that aren’t finished.
Also, $SOLX is a multi-chain token, which means it will be used on both Solana and Ethereum. This will connect the two big blockchains. The main goal is to get Solana to work as well as it can and to make sure that the blockchain system will still work when the network gets busier.
The presale and community growth are the first steps on the $SOLX roadmap. It’s worth $0.001592 right now, and since its start on December 14, 2024, it has raised $8.7 million.
In phase 2 of the plan, there will be an event to create tokens and listings on CEX and DEX. In phase 3, Solaxy Layer 2 will be fully deployed. Finally, phase 4 is all about making the environment bigger.
Coinsult last checked up on $SOLX on December 9, 2024. The full audit report, which we looked over.
Presale Started | June 24,2024 |
Ticker | $SOLX |
Chain | Solana |
Payment Methods | ETH, BNB, USDT, Card |
Starting Price | $0.001 |
Current Price | $0.00189 |
Flockerz: The Best Upcoming Meme Coin with Big Staking Bonuses
Flockerz ($FLOCK) is one of the best joke coins on the market right now, thanks to its fast growth and unique stake payouts. During its launch, Flockerz tokens were only $0.0057699 each. The project quickly gained popularity and attracted a lot of funding and attention.
Developed around the Flocktopia DAO, $FLOCK allows users to shape the project’s future while also receiving benefits through a “vote-to-earn.” A high stake APY of 2,551% goes well with this new way of doing things.
Flockerz has quickly gotten a lot of attention during its sales phase, earning a lot of money and showing that it has a lot of room to grow. Flockerz is set up for long-term success with a smart distribution plan that gives 25% of tokens to trading payouts and 25% to the DAO Vault.
| Ticker | FLOCK |
| Total Tokens | N/A |
| Tokens available in presale | N/A |
| Blockchain | Ethereum |
| Token Type | ERC-20 |
| Minimum purchase | None |
| Purchase with | ETH, USDT, BNB, Card |
Meme Index ($MEMEX): Best Penny Crypto And The Best Place To Buy Meme Coins
The Meme Index ($MEMEX) coin opens up the meme coin market by having investors buy a variety of coins. This spreads out their risk and makes the portfolio more diverse.
People who own $MEMEX can buy in any of four different meme coin baskets, ranging from the least volatile to the most volatile. At the presale, $MEMEX is trading at $0.0149831 and has earned $1.9 million so far (January 2025). The goal is $2.147 million.
The meme coin’s plan starts with this presale. The next step is the launch of the token. Users will then be able to start getting prizes.
When the third stage starts, buyers can submit and vote for new meme coins to be added to the indexes. This is also when people run the $MEMEX platform. The next step is for the four indexes to go online. Finally, the project will get to the part where it adds more utilities.
In December 2024, Coinsult and SolidProof checked out the project and found only one low-risk problem. It had to do with the first batch of coins and wasn’t thought to be a big security risk.
Sponge V2: New Penny Crypto Coming Together with a V2 Utility Token
Sponge V2 could be the answer to your question of which penny crypto will go crazy. The $SPONGE coin has been improved, and it now aims to be listed on well-known cryptocurrency markets like Binance and OKX. Before this update, the original $SPONGE meme coin grew very quickly, from a market value of $1 million to over $100 million in 2023.
The addition of a new driving game with a “play-to-earn” feature is one of the best things about Sponge V2.
To play this game, you need to have $SPONGEV2 tokens, and players can earn more tokens by winning. Sponge ($SPONGE), the famous meme token, made a lot of money after it came out in May 2023. With the planned start of Sponge V2 ($SPONGEV2), the token is back. It is a new penny cryptocurrency with a 1000x potential.
You can take out Sponge V1 tokens and place them again in the brand-new V2 smart contract. This will give holders an equal number of Sponge V2 tokens as a prize. Tokens that are locked in V1 will stay locked after you lock them. But for the next four years, holders can earn APYs.
Along with the chance to make a lot of money, Sponge is adding a new play-to-earn site where the best players can get $SPONGEV2 coins.
| Ticker | SongeV2 |
| Hard Cap | N/A |
| Total Tokens | 150 billion |
| Tokens available in presale | No presale |
| Blockchain | Ethereum |
| Token type | ERC-20 |
| Minimum Purchase | None |
| Payment method | ETH, USDT, MATIC |
Dogesquared: The Dogecoin Network’s Micro Cap Layer-2 Solution
Dogesquared ($DOGE2) is a layer-two option for Dogecoin that is meant to lower the cost of transactions and make the system more scalable. The $DOGE2 network uses the Ethereum network to make transfers cheap and to connect to Dogecoin for DeFi and games. This makes $DOGE2 a one-of-a-kind project that combines speed with increased usefulness.
The platform has a “burn and buyback” feature that lowers the supply over time, which raises its value in the long run. Out of the 5 billion tokens that are available, 50% are set aside for the presale, which is still going on and costs $0.0082927 right now.
It’s amazing that $DOGE2 earned over $42,000 in its first day and $425,000 total, which shows that there is a lot of demand. You can also stake $DOGE2 to get an annual return of 5,374%. 15% of the token supply is set aside as prizes for staking.
FAQs
Conclusion
This guide has given you a thorough look at some of the best penny crypto ou there right now. All of the projects we’ve talked about look good, but one asset could really take off when it comes out. Pepe Unchained ($PEPU) is our top pick.
This is an Ethereum-based meme coin with a Pepe theme. Pepe Unchained has raised more than $2.2 million since its presale began.
