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 $1, and some even trade for less than a penny. So, which best penny crypto should you pay attention to in this ocean of opportunities?
This guide talks about the best penny cryptocurrencies to invest in for 2024. It explains what they are and why they could go up a lot in value. We also talk about why buyers choose tiny cryptocurrencies and how to choose the right ones for you.
Next Penny stock to explode in 2024:
Here is a list of the next penny stock to explode in 2024 to help buyers choose a good project for their business.
- Pepe Unchained is the best Layer 2 penny coin.
- Crypto All-Stars brings together popular meme coins with
big stake rewards - Flockerz: The Best Upcoming Meme Coin with Big Staking Bonuses
- FreeDum Fighters: U.S. politics-themed meme token that gives out free tokens and rewards for stakes.
- Memebet Token: An Innovative Meme Coin with Presale Potential and Casino-Based Rewards
- Sponge V2 is a play-to-earn game and penny cryptocurrency that has a strong group of 30,000 users.
- Shiba Shootout is the best penny coin for building community.
- eTukTuk is an eco-friendly cryptocurrency that is becoming EV charge sites.
- SpacePay: A decentralized cryptocurrency payment protocol that gives away tokens every month.
- DTX Exchange
Full Analysis of the Best Penny Crypto to Invest in 2024
Doing a lot of study is a big part of finding best crypto under a penny that will go off the charts. We’ve looked at and ranked the most potential penny cryptocurrencies below to help you with this.
1. Pepe Unchained
It is the best Ethereum L2 penny crypto all around. We think Pepe Unchained ($PEPU) is the best penny coin because it has a strong network, has good stake payouts, and did well in its presale.
During its presale round, $PEPU is worth $0.0082596 per token at the time of this writing. Pepe Unchained has raised more than $2.2 million in just a few weeks since its presale began. It had a strong advance start because it lets transactions happen quickly and coin holders only pay small gas fees.
The reason for this is that Pepe Unchained is based on Ethereum’s layer-two (L2) blockchain, which takes transactions off of the main chain. This helps lower the costs of running the business, so token buyers can get big returns for staking.
The trading method on Pepe Unchained can be used to earn a live APY (Annual percentage return) of more than 800% on this penny coin. There are 8 billion $PEPU tokens in circulation, and 30% of them will be given out as prizes for holding. Another 20% of the token stock is being given away during the current presale.
| Ticker | PEPU |
| Presale Started | June 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Pepe Unchained (Ethereum L2) |
| Total Supply | 8 billion |
| Current Price | $0.0087344 |
2. Crypto All-Stars ($Stars): The Best Penny Crypto Based on Memes
Crypto All-Stars ($STARS) is the next best penny cryptocurrency that you might want to buy. This new meme coin project brings together the best meme coins on one site. It has its staking system called “MemeVault,” which lets users stake popular meme coins and earn $STARS tokens.
For early buyers, the APY can be over 1,600% at the time of writing. This rate will go down, though, as more buyers join the stake pool.
Tokens for the Crypto All-Stars environment are called $STARS. They are built on the Ethereum blockchain. Early buyers can get 20% of the total stock during the presale at a pretty low price. Early birds can get $STARS for just $0.0014135 at the time of this writing.
| Presale Started | Aug 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum |
| Starting Price | $0.00138 |
| Current Price | $0.00138 |
| Price Increase | +0.00% |
| Raised So Far | $336,000 |
3. Flockerz: The Best Upcoming Meme Coin with Big Staking Bonuses
Flockerz ($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, $FLOCK allows users to shape the project’s future while also receiving benefits through a “vote-to-earn.” A high stake APY of 2,551% goes well with this new way of doing things.
Flockerz has quickly gotten a lot of attention during its sales phase, earning a lot of money and showing that it has a lot of room to grow. Flockerz is set up for long-term success with a smart distribution plan that gives 25% of tokens to trading payouts and 25% to the DAO Vault.
| Ticker | FLOCK |
| Total Tokens | N/A |
| Tokens available in presale | N/A |
| Blockchain | Ethereum |
| Token Type | ERC-20 |
| Minimum purchase | None |
| Purchase with | ETH, USDT, BNB, Card |
4. FreeDum Fighters: U.S. politics-themed meme token that gives out free tokens and rewards for stakes
The meme coin FreeDum Fighters ($DUM) makes fun of the upcoming U.S. presidential election. In this satire project, players can choose to support either Kamacop 9000 or MAGATRON as the leader of the government.
FreeDum Fighters is notable for its stake system, which lets token users back the candidate of their choice. You can choose either one, and the APY you earn will depend on which one you choose. At the moment, staking on the Kamacop platform can earn you 28,000% APY and staking on the MAGATRON platform can earn you 820% APY.
There will be 270 billion tokens in circulation, and 20% of them will be given away as trading prizes. During the presale, this penny coin is only worth $0.00005 right now. Before the end of the presale, the price will go up to $0.000125. In just two days, the FreeDum Fighters pre-sale has raised more than $100,000. Read the FreeDum Fighters white paper and join the Telegram group to find out more about the project. Want something to see? Click on the link below to find out more:
| Presale Started | October 2024 |
| Purchase Methods | ETH, USDT, BNB, SOL, USDC |
| Chain | Ethereum |
| Starting Price | $0.0005 |
| Current Price | $0.00005 |
| Raised So Far | $206,000 |
5. Memebet Token: An Innovative Meme Coin with Presale Potential and Casino-Based Rewards
People are becoming more interested in Memebet Token ($MEMEBET) as a unique step into the meme coin space. It powers the first meme coin casino that doesn’t require KYC. This token strongly focuses on the community, offers exclusive betting airdrops, and makes trading easy.
$MEMEBET is built for fast growth and is aimed at crypto traders and online bettors. Seventy percent of its total supply is set aside for presale and prizes.
As the markets for online gaming and meme coins continue to grow, $MEMEBET stands out because of how well it is positioned and how quickly it sells in the presale. It’s likely to attract crypto fans looking for both game benefits and high growth potential, making it one of the best penny crypto to watch in 2024.
| Presale Start Date | September 2024 |
| Purchase Methods | ETH, USDT, Card |
| Chain | Ethereum |
| Token Type | ERC-20 token |
| Raised So Far | $150,000 |
6. 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 |
7. Shiba Shootout: The Best Penny Token for Building Community
Shiba Shootout is a new meme coin that combines the crazy spirit of Shiba Inus with the blockchain’s Wild West theme. The project is a one-of-a-kind mix of strategy and adventure that is sure to appeal to people who love meme coins.
At the moment, the platform is in its launch phase, where coins can be bought at a discount for ETH or USDT. Investing in $SHIBASHOOT is an easy way to make money. Shiba Shootout also stands out with community-driven features like Token Governance Roundups, Posse Rewards, and Campfire Stories that make the game more fun to play.
Shiba Shootout wants to be a popular meme coin. Its unique Wild West theme and community-focused features make it look like it will do well in the meme coin market for a long time.
| Ticker | SHIBASHOOT |
| Presale Started | April 2024 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | Ethereum |
| Total Supply | 220 million |
| Current Price | $0.0197 |
8. eTukTuk: Best Penny crypto can be used to pay for eTukTuk rides
The next penny coin on the list is $TUK, which is eTukTuk’s own token. It’s the first automobile project in the world to use the BSC blockchain, and the goal is to give TukTuk drivers places to charge their electric cars. The presale for the $TUK token is going on right now, and it costs $0.028.
This big penny cryptocurrency project is focusing on developing areas because that’s where it can have the most effect and help change the way people travel. eTukTuk will set up charging stations and electric vehicle supply equipment (EVSE). These will be driven by the Binance Smart Chain blockchain, and people who own $TUK tokens will be able to stake them and make an APY.
When drivers of electric TukTuks use these charge sites, they can pay with $TUK through an app for drivers. There will be these charging stations in different areas. Territory partners will set them up and get paid a fee for every transaction that happens at their station. With 270 million TukTuks on the road around the world and a big push toward green energy over the next few years, the first stop will be in Colombo, Sri Lanka. This is a great chance for eTukTuk and the $TUK coin to make money.
| Ticker | eTukTuk |
| Launch Date | June 2023 |
| Purchase Methods | ETH, BNB, USDT, Card |
| Chain | BNB Chain |
| Starting Price | $0.024 |
| Current Price | $0.0345 |
| Raised So Far (Presale) | $3.5 million |
9. SpacePay: A decentralized cryptocurrency payment protocol that gives away tokens every month
SpacePay ($SPY) is a new system that lets people use cryptocurrency to pay for everyday things. It adds a payment APK (Android Application Package) that is simple to use and allows quick and easy crypto transfers. Users can read a QR code with this gadget to pay with more than 325 different cryptocurrencies.
The local currency, $SPY, is at the heart of this. The price of one $SPY token is $0.00147 right now during the first presale round. SpacePay has raised more than $180,000 in just two days since the presale began. Within the community, the token has a lot of uses. First, you get to vote every month on how the site should grow. Second, people who own SpacePay tokens can join online meetings with the company’s leaders every three months.
Token users also get a cut of the platform’s profits and are the only ones who can use SpacePay’s new features. Now you know why SpacePay is one of the best new penny coins in 2024. There are 34 billion tokens in circulation, but only 6.8 billion are being used for the purchase. Read the SpacePay white paper and join the Telegram group to find out more.
| Presale Started | June 2024 |
| Chain | Ethereum |
| Token Type | ERC-20 |
| Purchase Methods | ETH, USDC, USDT, Card |
| Total Supply | 34 Billion |
FAQs
Conclusion
This guide has given you a thorough look at some of the best penny crypto ou there right now. All of the projects we’ve talked about look good, but one asset could really take off when it comes out. Pepe Unchained ($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.
