8 Penny Cryptocurrencies Set To Soar This Year 

 October 27, 2022

With the cryptocurrency market significantly low since the beginning of the year, many investors are looking to reinvest. However, with all the different projects, it can be challenging to know which ones are worth your time and money.

 

That’s why we’ve put together a list of the best penny crypto projects on the market. Despite many options, you’re sure to find one you’re excited about investing in.

 

From there, all you need to do is choose the one that best fits your needs and buy-in.

 

  1. Battle Infinity 

IBAT is a P2E gaming platform that allows customers to play their favorite games on the Metaverse. The IBAT team aims to create a self-sustainable economy within the blockchain by linking P2E and the Metaverse while at the same time working with other crypto projects that share their values.

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IBAT is the first and unique blockchain-based game platform, providing an immersive experience for the Metaverse gaming community. Battle Infinity aims to link these two sectors, P2E and gaming, using blockchain technology to build a platform with elements from notable trends such as Crypto Kitties, Idle Miner Tycoon, and Etheremon. The platform will also feature easy-to-use smart contracts and its token.

 

  1. Lucky Block 

 

Lucky Block brings an innovative approach to the trade and exchange of cryptocurrencies by facilitating the decentralization of exchanges. Furthermore, we are creating a blockchain-based trading network where all certified LBLOCKs are automatically traded against each other, creating unlimited buying and selling opportunities for all users.

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Following the launch of BEP LBLOCK, Lucky Block aims to be a trailblazer in creating a new standard for trading blockchains. The BLOCK token will migrate to an ERC-based variant with a 1:0.94 exchange rate. With CEX listings coming up and more exchange listings on the horizon, now is a great time to get involved in Lucky Block.

 

In addition, the project has partnered with major crypto exchange to provide liquidity for its tokens. With a strong team and promising technology, BLOCK is worth keeping an eye on.

 

  1. VeChain

 

VeChain was one of the earliest blockchain projects, originating in 2020. Before that, VeChain focused on providing products and services to global enterprises with an emphasis on supply chain management. They are recognized as the first enterprise-focused blockchain platform, securing numerous partnerships through their use case-specific applications.

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  1. Gala

 

Gala Games (GALA) is a blockchain developer and publisher of games focusing on using blockchain technology to help developers, publishers, and players. The company was founded in 2018 by two gaming veterans.

 

Gala Games is a leading provider of blockchain games and services. They create gamification-driven products to increase the mass adoption of distributed ledger technologies.

 

  1. Tron

Since TRON’s launch in 2017, the project has attracted millions of investors globally. Due to its affordability and fast transactions, TRON is popular among developers looking for cheaper alternatives to Ethereum.

 

The Tron network is making big moves in crypto space. The TRX price continues to soar, and the coin has definitely been gaining momentum recently.

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  1. Basic Attention Token

 

Basic Attention Token (BAT) is a world-changing technology that re-invents digital advertising. The Brave browser rewards users for browsing the web with BAT tokens, which they can exchange for other cryptocurrencies.

 

This could change the way you browse the web: you can reward the best content creators and get rewarded for watching ads. It allows users to view premium content ad-free by paying them with BAT tokens while protecting their privacy.

 

  1. Loopring

 

Loopring is a decentralized, automated trading platform for cryptocurrencies. It has developed an Ethereum-based protocol that permits its users to interact with decentralized finance products at a low cost, swiftly, and securely.

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Loopring uses Smart Contracts to operate in an entirely non-custodial manner, which means it doesn’t hold onto any of your tokens or other currencies. Instead, it simply calculates their value and forwards them to their destination.

 

Loopring is a layer-2 protocol for trading, liquidity accommodating, exchanges, and payments. It’s still far faster than Ethereum at handling over 2,000 transactions per second.

 

  1. Nexo

 

The Nexo lending platform allows people to control their crypto holdings as collateral to acquire loans appearing as fiat or stablecoins. The company is also at the forefront of the crypto lending industry, with growing demand for its services as crypto adoption grows.

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Nexo (NEXO) is a crypto loan platform that allows users to control their crypto holdings as collateral to acquire stablecoins. As crypto adoption grows, the demand for platforms like Nexo will also soar. If you’re looking for an investment with high potential, Nexo might be the right option.

 

To Conclude

 

Based on our reviews, Battle Infinity is the next big thing regarding this type of crypto. Nevertheless, they all have merits and uses and are worth checking out.

 

Now’s the perfect time to jump aboard and make your investment.

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