Best Penny Crypto To Buy in 2024 with 1000x Potential Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. Why Trust Us ICO Bench was created by a team of crypto experts to help our readers find the latest initial coin offerings and cryptocurrency presales. All content follows a strict editorial policy that ensures factual accuracy, neutrality, and helpfulness. We aim to provide insightful content that helps our readers make informed decisions while stressing the importance of prioritizing safety and risk management. All information in our content is based on meticulous research carried out by our team of writers and editors. We use reputable sources to find relevant projects and ensure that all content is regularly updated for accuracy. The information provided by ICO Bench should be used for research purposes only and should not be taken as investment advice. Penny cryptocurrencies are tokens that have a value less than $1 and a small market cap. Penny cryptos are popular amongst investors who are looking to gain exposure to new crypto projects without needing to invest a large amount of capital. If these projects do well long-term, it is possible to make significant gains by purchasing penny cryptocurrencies. In this guide, we will explore the best penny crypto to buy and how to buy them. Pepe Unchained ($PEPU) PEPE Unchained is a new and improved version of the original Pepe coin looking to 100x.Built on the Ethereum Layer 2 blockchain it offers scalability, speed and efficiency.$PEPU project offers double staking rewards with a current APY of 130,151%. Project Launched June 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More WienerAI ($WAI) New meme crypto with AI-driven predictive trading featuresWienerAI can find new crypto opportunities and users can swap, MEV-free, via DEXsInvestors can buy and stake $WAI tokens to earn 299% p/a passive rewards Project Launched April 2024 Purchase MethodsETHUSDTBNBMATIC+1 more Learn More PlayDoge ($PLAY) Fresh off the BSC, PlayDoge breathes new life to trending Doge meme with virtual Tamagotchi-style pet. $PLAY holders can earn rewards and extra tokens by caring for the virtual pet. The $PLAY token comes with tons of utility and staking opportunities with APY rewards currently over 700%. Project Launched May 2024 Purchase MethodsBNBETHBank Card Learn More Shiba Shootout ($SHIBASHOOT) Shiba Shootout is a SHIB-inspired Wild-West-themed meme project with tons of utility.Early investors can buy and stake $SHIBASHOOT for massive rewards of 2,288% p/a. Join the 'Posse Rewards' referral program and earn extra rewards for both you and your referrals. Project Launched April 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More Base Dawgz (DAWGZ) Available on four major blockchain networks (ETH, SOL, AVAX, BNB)Presale price will increase 5% every 5 daysSupporters may be eligible for airdrop rewards Project Launched May 2024 Purchase MethodsETHUSDT Learn More Mega Dice Token ($DICE) The world's top GameFi SOL crypto, $DICE, offers the ultimate casino token experience. $DICE is the native token of the established and reputable global casino brand with over 50k loyal players.Buy and hold $DICE tokens to enter the $2,250,000+ USD airdrop. Presale has raised over $1.2M so far. Project Launched April 2024 Purchase MethodsSOLETHBNB Learn More 99Bitcoins Token ($99BTC) 99Bitcoins introduces its native $99BTC utility token as the face of Learn-to-Earn crypto model with presale already raising $1.7M.Launching on a BRC-20 powered platform this enables developers and crypto enthusiasts to build dApps on the BTC network.Buy, stake, learn and earn 99BTC tokens, with trading signals, tools and educational features all at your fingertips. Project Launched April 2024 Purchase MethodsETHUSDTBank CardBNB+1 more Learn More Sponge V2 ($SPONGE) Missed out on $SPONGE's 100x surge in 2023? Sponge V2 tokens are here and ready to exceed its records!$SPONGE v2 is an ERC-20 token offering 141% p/a rewards and a P2E game in which players can earn more $SPONGE. Over $1M worth of $SPONGE tokens have been staked and bridged already. Project Launched December 2023 Purchase MethodsMATICUSDTBank Card Learn More eTukTuk ($TUK) Rewarding and fun P2E taxi-based game allowing players to earn rewards for completing tasks and driving fast.80% annual rewards are up for grabs when you buy and stake $TUK tokens. Early presale investors gain exclusive access to special in-game rewards and bonuses. Over $3.5M raised so far! Project Launched June 2023 Purchase MethodsETHBNBUSDTBank Card+1 more Learn More DOGE2014 (DOGE2014) DOGE2014 enters the meme scene celebrating DOGE's 10-year market dominance.As an ERC20 PoS token participants can buy and stake DOGE2014 tokens to earn APY rewards. Currently offering its native tokens via presale, DOGE2014 aims to 10x. Project Launched June 2024 Purchase MethodsBank CardETHUSDT Learn More SpacePay (SPY) Empowering the future of crypto payments for customers and merchants, SpacePay makes buying goods and services with crypto easy. With SpacePay businesses can begin accepting crypto payments from an ever-growing global crypto community. SPY token presale offers buyers the chance to get their hands on the project's utility token. SPY holders can enter airdrops, vote on the future of the project, earn revenue share, and more. Project Launched May 2024 Purchase MethodsETHUSDTUSDCBank CardBNBMATICAVAXBASE+5 more Learn More Best Penny Cryptocurriencies To Buy in 2024 – List PlayDoge (PLAY): The latest addition to the Doge ecosystem that provides multiple ways to earn. WienerAI (WAI): New token disrupts the meme coin scene with its dachshund-inspired AI twist. Pepe Unchained (PEPU): Pepe-inspired meme coin based on Ethereum’s L2 blockchain. Base Dawgz (DAWGZ): The best multi-chain meme token with long-term potential. Sealana (SEAL): Solana’s rising star meme coin featuring a hilarious and playful mascot. MegaDice (DICE): The newest GambleFi token with great potential. 99Bitcoins (99BTC): An exciting project to learn about crypto and get rewards. Sponge Token V2 (SPONGE V2): The second version of Sponge Token that brings added utility. eTukTuk (TUK): Sustainable coin that promotes EV adoption among TukTuk drivers from developing countries. SpacePay (SPY): Decentralized protocol supports crypto as a payment option at retail stores. Chilliz (CHZ): Top penny crypto to buy before the World Cup, Chilliz is a fan engagement token. Fetch.ai (FET): A leading AI platform that supports the development of AI apps and services on blockchain technology. Tron (TRX): An open-source blockchain platform that can be used to build d’apps. Best Penny Crypto To Invest In Now The best penny cryptos to buy in 2024 are crypto presale tokens that can be purchased before they are listed on exchanges. The best coins to consider include PlayDoge, WienerAI, and Sealana. In the following section, we will take a closer look at the best penny crypto coins to buy and why they might be good opportunities in 2024. 1. PlayDoge – The latest addition to the Doge ecosystem PlayDoge is the latest addition to the Doge ecosystem, offering a unique play-to-earn (P2E) game inspired by the nostalgic Tamagotchi. As players raise virtual Doge pets, they can earn crypto tokens by completing missions and playing mini-games. Available on both Android and Apple devices, PlayDoge aims to combine entertainment with financial rewards, providing strong utility beyond being a mere meme coin. The game features high-definition graphics, interactive gameplay, and blockchain integration, making it a modern upgrade of the 1990s classic. The project has already garnered a large community of supporters, leveraging viral marketing on platforms like Twitter and Telegram to attract presale investors. The $PLAY token, essential for accessing the game, boasts a limited supply of 9.4 billion and is built on the Binance Smart Chain. During the presale, tokens can be purchased at a discounted price, offering early investors the potential for significant returns. Staking options are also available, providing passive rewards and encouraging long-term participation. The PlayDoge project is divided into four development phases, each aiming to enhance the platform’s features and expand its user base. Future plans include listings on major centralized exchanges and airdrop events for early supporters. The project’s innovative approach and robust tokenomics make it an attractive option for diversifying one’s crypto portfolio. Visit PlayDoge Your money is at risk. 2. WienerAI – Unleashing AI on the Meme Coin Universe While the adorable dachshund theme might initially grab your attention, WienerAI offers more than just meme coin charm. This innovative project leverages AI technology to continuously enhance itself, aiming to become a long-term leader in the meme coin space. WienerAI caters to early investors with attractive staking rewards. These rewards decrease throughout the presale, incentivizing early participation. Currently, the APY boasts a staggering 207%. Built on the ERC-20 standard, WienerAI allows for participation in the presale using either ETH or USDT. The presale has raised $5.3 million so far and is selling quickly. Visit WienerAI Your money is at risk. 3. Base Dawgz – The best long-term penny crypto on 4 blockchain networks Base Dawgz is an attractive penny crypto, especially during its presale phase. Priced at a low $0.00502, the $DAWGZ token offers early investors a significant opportunity for potential gains. One of the key features of this presale is the structured price increase: every five days, the token price will rise by 5%. This incentivizes early participation, allowing investors to acquire tokens at the most favorable rates before prices escalate. Beyond the appealing presale pricing, Base Dawgz stands out due to its advanced multi-chain capabilities. Operating across Ethereum, Solana, Binance Smart Chain, and Avalanche, it ensures seamless interoperability and enhanced utility. The project’s robust tokenomics and diverse earning opportunities further enhance its investment appeal. With well-planned allocations for presale, listings, rewards, marketing, staking, and liquidity, Base Dawgz is structured for balanced growth and sustainability. Investors can benefit from staking rewards, community engagement incentives, and liquidity provision, all of which foster a strong and active community. Visit Base Dawgz Your money is at risk. 4. Sealana – Solana’s Rising Star Meme Coin A new meme coin project arrives on the Solana scene: Sealana. This meme token features a portly seal as its mascot, embodying the dedication associated with the stereotypical crypto investor on a relentless quest for “#cryptogains.” While the SEAL token itself currently lacks specific utility beyond its meme status, the project aims to capitalize on the current trend and generate significant returns for early investors participating in the presale. Sealana utilizes a “send-to-wallet” method for its presale. Investors can participate by sending SOL directly to the project address or using the purchase option on the official website. After the presale concludes, these early adopters will receive their SEAL tokens via airdrop. The project team plans to leverage social media buzz to build hype and potentially drive the price of SEAL upwards. Visit Sealana Your money is at risk. 5. MegaDice – The newest GambleFi token with great potential The DICE token serves as the native cryptocurrency for the MegaDice platform, a key player in the cryptocurrency casino sector. By using DICE, players can participate in games on the platform, access exclusive benefits and bonuses, and engage in crypto airdrops. MegaDice distributes a portion of its income, including transaction fees and profits, to DICE token holders. This revenue-sharing strategy incentivizes holding DICE tokens and staying engaged with the MegaDice ecosystem. Thanks to its strong reputation in the crypto casino market, DICE is likely to see significant interest from players. Currently, the ongoing presale event offers DICE at a discounted price. Visit MegaDice Your money is at risk. 6. 99Bitcoins – An Exciting Project To Learn About Crypto And Get Rewards 99Bitcoins launches as an ERC-20 token, strategically transitioning to BRC-20 in the future. This move positions it at the center of the booming Bitcoin dApp ecosystem, allowing you to leverage the power of Bitcoin while enjoying the flexibility of decentralized applications. Earning with $99BTC is not limited to holding the token. The platform recognizes and rewards your commitment to learning. Advance through interactive courses and actively engage in the community to earn $99BTC, which will be directly deposited into your Ethereum wallet. $99BTC doesn’t stop at education. As a token holder, you’ll have access to Ethereum staking rewards, providing a valuable passive income stream to complement your learning efforts. The presale has managed to raise $1.9 million in funds so far and early investors will receive the highest rewards. Visit 99Bitcoins Your money is at risk. 7. Sponge Token V2 – The best utility meme token that could explode If you missed out on the opportunity to invest in Sponge V1, the V2 token has been launched by developers to generate similar gains. Sponge V2 is a meme coin with added utility – investors will be able to use their tokens to play SPONGE P2E games. Sponge token is an ERC20 meme coin that is based on the iconic cartoon character. The aim of the original token was to pump and provide generous returns to investors. This was successful and SPONGE managed to gain over 340% in one week after the first presale. This provided significant returns for investors who were able to buy Sponge during the presale event. The V2 token offers a second opportunity to profit from this popular meme coin, with the added benefit of token utility. To buy V2 tokens, you must purchase V1 and stake these coins for V2 rewards. V2 tokens will be distributed over 4 years to encourage long-term participation. The Sponge V2 presale has been ongoing since the beginning of the year and is expected to sell out soon. Now could be your last opportunity to invest before the next pump. Visit Sponge V2 Your money is at risk. 8. eTukTuk – The best crypto to buy for eco-conscious investors eTukTuk is the latest green crypto project that is close to closing its presale event. The project is the world’s first blockchain-based EV TukTuk ecosystem that will support the adoption of electric vehicles in developing countries. As it stands, traditional TukTuks contribute massively to the carbon emissions that are released by these countries. eTukTuk aims to solve this with a sustainable vehicle alternative. The ecosystem will be supported by the TUK utility token – an ERC20 token that will be used by drivers to pay for fuel and by passengers to pay for rides. TUK can also be locked up in a staking pool for governance and passive returns. eTukTuk will use blockchain technology to create an intelligent ecosystem that can run itself. The use of blockchain will also improve the security of the EV industry in developing countries and support transparent payments. As a pioneering crypto project, eTukTuk is worth watching for long-term investors. Visit eTukTuk Your money is at risk. 9. SpacePay – Revolutionary Protocol Facilitates Crypto Payments at Retail Stores SpacePay is a revolutionary decentralized protocol that makes crypto accessible to conduct daily transactions at retail stores. Through its easy-to-use APKs (Android Application Packages), SpacePay allows customers to make payments with digital assets. Through the SpacePay device, customers can scan a QR code and connect with over 325 crypto wallets. Merchants can receive funds in local currency. At the center of this ecosystem is $SPY, the native token. Currently, this penny token is priced at $0.00147 during its initial presale stage. Within a few days, the presale has raised more than $180K. $SPY will be used to incentivize user growth and facilitate platform adoption. Every month, a portion of tokens will be airdropped to the most active SpacePay users. $SPY tokens give you voting rights to dictate the platform’s future and give access to quarterly meetings with the leadership team. All these use cases make SpacePay one of the top penny coins to purchase now. Visit SpacePay Your money is at risk. 10. Chiliz – The best penny crypto to buy before the 2024 World Cup If you’re looking for a fun crypto token to buy that could see significant returns in 2024, Chiliz could be a good option to consider. The penny crypto is the native token of the Socios fan token platform, which allows users to vote for their favorite teams and players, and win rewards for accurate predictions. Chiliz is its own layer 1 blockchain network that was created specifically for fan tokens. The aim of the project is to bring fans together and build a large web3 community of enthusiasts. CHZ tokens can be used to access exclusive content, vote, participate in community activities, and enhance the fan experience. CHZ is predicted to increase around the upcoming World Cup tournament, as the demand for the token goes upward. You can buy CHZ tokens from platforms such as eToro, Binance or Kucoin. 11. Fetch.ai – The best AI penny cryptocurrency to invest in 2024 Fetch.ai is an open blockchain platform that provides tools for building AI products. Fetch.ai uses ‘AI agents’ to make smart decisions and offer innovative solutions. The blockchain platform helps people automate everyday tasks. Users are given a ‘digital twin’ that interactives with other ‘digital twins’ to negotiate deals and perform transactions. For example, your digital twin could interact with airline attendant digital twins to book flights according to your parameters. The platform is powered by the FET utility token. The token is used as the primary means of exchange on the platform – it is used to pay for platform fees, deploy AI and pay for services. You can buy FET on Coinbase, eToro, Binance and a number of other reputable platforms. FET has a deflationary supply and is built on the Ethereum blockchain network. 12. Tron – A blockchain platform that hosts entertainment apps Tron is a blockchain network that is powered by the TRX utility token. The token originally launched as an ERC20 token before moving to its own blockchain network. The Tron network is mainly used for hosting entertainment apps and uses smart contracts to facilitate transactions. The network is currently the world’s fastest-growing blockchain with a transaction count of over 7 billion. The network is powered by the TRX utility token which is used to pay for transactions and connect the entire ecosystem. The token was issued by the TRON DAO. Tron is a good penny crypto to consider in 2024 because it powers one of the largest blockchain networks. This means that demand for TRX is likely to remain high. What Are Penny Cryptocurrencies? Penny cryptos are cryptocurrencies that are valued under $1 – they are often worth less than 1 cent. Due to their low price, penny cryptos to boom can be bought in large quantities without needing to put much capital at risk. Penny cryptocurrencies are intriguing because of their low price point, which can make them seem like an enticing investment opportunity. However, it’s important to approach them with caution. Due to their low value, penny cryptocurrencies are highly volatile and can experience significant price fluctuations This means that their prices can skyrocket or plummet within a short period of time, making them risky for investors. Investing in penny cryptocurrencies requires thorough research and due diligence. It’s crucial to understand the project behind the cryptocurrency, its potential for growth, and the credibility and expertise of the team behind it. Although there have been success stories of people who made significant profits from investing in penny cryptocurrencies with 1000x potential, there are also many who have suffered substantial losses. Investors who are looking to build a more stable portfolio could consider the best long term cryptos. These tokens often have a higher price than penny cryptos but provide more stable price movement. Are Penny Cryptocurrencies a Good Investment? Penny cryptocurrencies can be a good investment opportunity – so long as you conduct thorough research and analysis. Some of the best cryptocurrencies on our list have the potential to provide investors with substantial returns. However, not all penny cryptos will see growth, and investing in undervalued coins is not suitable for every type of investor. Nevertheless, here are some reasons why penny cryptos could be a good investment in 2024. Potential price appreciation One of the main reasons that some investors may choose to buy penny crypto is the potential for significant capital appreciation. Unlike more established coins, penny cryptocurrencies with 1000x potential are still in their early stages. This means that with the right timing and research, investors have the chance to get in at the ground floor and reap the benefits when the price soars. The allure of generating substantial profits from a small initial investment is enticing for many, making penny cryptos with 1000x potential an attractive option. Portfolio diversification Another reason that an investor may choose to buy penny crypto is the opportunity to diversify their portfolio without the need to invest a large sum. Penny cryptocurrencies allow investors to expose themselves to new promising cryptocurrencies, using only a fraction of their available capital. For investors with money to lose, this can be a fairly low-risk way to diversify with new currencies. By spreading investments across a variety of low-priced coins, investors can take advantage of potential growth in multiple areas, even if some coins do not perform as expected. Diversification helps minimize the impact of any individual coin’s volatility, providing more stable trading strategies. The risks of buying penny cryptos The main risk associated with buying penny cryptos is that many of these currencies are new projects that may never reach their promised potential. It is normal for new crypto projects to promise huge returns but never see these targets through. This is because the success of new projects relies on investor interest, which cannot be guaranteed. If a project fails to attract investors during the initial stages, it may not raise enough funds for future development. This could prevent penny cryptos from making any significant gains. Furthermore, these cryptocurrencies may be more susceptible to fraudulent projects or pump-and-dump schemes, making thorough research and due diligence crucial before investing. How To Buy Penny Cryptocurrencies in 2024 There are two main ways to buy penny cryptocurrencies: through a crypto exchange or through a presale. Out of the 13 top penny cryptos that we have found, 7 of them are currently available via presale. In the next section of our guide, we will walk you through the steps that you should follow to take part in a crypto presale. If you are interested in buying crypto from an exchange, take a look at our helpful guide on how to buy ICO drops. Step 1: Create a crypto wallet To take part in a crypto presale, you will need to create a cryptocurrency wallet that is compatible with the relevant blockchain network. For ERC20 tokens, MetaMask is a good option to consider. Coinbase Wallet is another popular option that can be connected to most presale events. To create a wallet account, download the wallet app or extension and click ‘create new wallet’. Then, follow the prompts. Step 2: Fund your wallet The next step involves funding your wallet with coins that can be swapped for presale tokens. Examples include ETH, USDT or SOL. You can buy coins directly from your wallet or send coins from an exchange to your wallet by using your wallet address. Make sure that you have enough funds to cover the cost of buying presale tokens as well as gas fees. Step 3: Connect your wallet to the presale Once you have funded your crypto wallet with tokens, go ahead an connect it to the presale that you would like to participate in. This process is relatively simple. Select the wallet that you would like to use and press ‘connect’. Once you have connected your wallet to the presale, you will be able to use your funds to buy presale tokens. Step 4: Claim tokens after presale When you buy crypto from a presale, you will not be able to trade the tokens straight away. Instead, you will have to wait for the presale to end to claim them. This involves reconnecting your wallet to the presale and selecting ‘claim’. You will then need to follow the instructions provided by the presale website. Some of the best crypto presales allow you to stake your tokens before the presale has finished. This is a good way to take advantage of high APYs. Visit PlayDoge Your money is at risk How To Find The Best Penny Crypto One of the biggest challenges faced by crypto investors is finding cryptos under a penny that have potential. It can be difficult to determine worthwhile projects from the shitcoins that don’t have long-term potential. To find the best crypto under a penny, you should use a variety of sources, conduct regular market analysis, and stay up-to-date with the latest project launches. Here is a closer look at how to find the best penny cryptos. Cryptocurrency presales One of the best ways to find promising penny stocks is to participate in crypto presales. These presales, also known as initial coin offerings (ICOs), allow investors to purchase tokens or coins at a discounted price, with the hope that the value will increase once the project is fully operational. One of the main advantages of participating in a cryptocurrency presale is the potential for high returns on investment. Early investors often receive bonus tokens, making the initial purchase even more lucrative. Additionally, if the project gains traction and becomes successful, the value of the tokens can skyrocket, resulting in significant profits for those who participated in the presale. Token listing alerts Token listing alerts play a crucial role in keeping investors informed about new listings on various exchanges. These alerts act as a means of notifying users whenever a new token is listed for trading. This information is valuable for traders and investors alike, as it helps them stay up-to-date with the latest opportunities for investment. You could set a listing alert for penny cryptocurrencies to find the next best penny crypto opportunities. By doing this, you would be notified every time a new penny coin is launched on the market. Social media Our favorite way to find penny cryptos with potential is to participate in social media communities. There are hundreds of active communities that offer exclusive insight into the crypto market and often reveal valuable information about the best projects. You can use social media to find penny cryptos by using relevant hashtags such as #cryptogems or #pennycryptos. Another good idea is to follow knowledgeable influencers who often receive early insight into new projects. Using social media is also a great way to gauge the sentiment around a project before investing, which is a good way to determine whether or not it has potential. Best Penny Cryptocurrency – The Verdict The best penny cryptos to buy in 2024 include PlayDoge, Sealana and WienerAI. However, there are numerous other tokens that stand out as promising opportunities. The top cryptos under a penny are tokens that have long-term potential which can be determined by looking at the tokenomics, roadmap, project team and community. By investing early in a project that has potential, you could see significant returns on your investment. However, there is no guarantee that the value of penny cryptocurrencies will ever go up. Never invest more than you can afford to lose and always conduct thorough research before making any investment decisions. Visit PlayDoge Your money is at risk. FAQs What is the best penny crypto to buy now? The best penny cryptocurrency to buy now is PlayDoge. This is a play-to-earn coin which has raised over $4 million within a few weeks of its presale launch. Which crypto under $1 will explode? PlayDoge could be the next crypto under $1 to explode. The token offers P2E gaming rewards and staking benefits. Which penny coin will explode? PlayDoge, Sealana and WienerAI are all penny coins that have the potential to explode. Each of these projects was created to pump and reward early investors. Which crypto will give 1000x? It is difficult to say which crypto could reach 1000x because this is such a huge increase. However, from our list, the cryptos with the best chance of increasing this much as PlayDoge and WienerAI. By Ruby Layram Ruby is an SEO Editor who occasionally contributes as a writer for ICO Bench. Ruby has been working in the Fintech and Personal Finance space for 5 years and has been featured in a number of reputable online publications including The Motley Fool UK, Bankless Times, Cryptonary, TradingPlatforms and BuyShares. 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