Best Penny Crypto To Buy in 2024 with 1000x Potential

Why Trust Us
Why Trust Us

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 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 Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • Winnings from buying tokens in presale and entering Meme Games events claimable and stakeable in smart contracts.
  • Buy $MGMES tokens and choose your athlete to participate in events in a bid to win more tokens for you.
  • Gamified meme token rewarding presale buyers with token bonuses for winning events.
Project Launched
July 2024
Purchase Methods
  • BNB
    BNB
  • USDT
    USDT
  • ETH
    ETH
  • New meme crypto with AI-driven predictive trading features
  • WienerAI can find new crypto opportunities and users can swap, MEV-free, via DEXs
  • Investors can buy and stake $WAI tokens to earn 299% p/a passive rewards
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • MATIC
    MATIC
  • +1 more
  • 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 Methods
  • BNB
    BNB
  • ETH
    ETH
  • Bank Card
    Bank Card
  • 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 Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • Available on four major blockchain networks (ETH, SOL, AVAX, BNB)
  • Presale price will increase 5% every 5 days
  • Supporters may be eligible for airdrop rewards
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • 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 Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • 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 Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more

Best Penny Cryptocurriencies To Buy in 2024 – List

  1. Pepe Unchained (PEPU): Pepe-inspired meme coin based on Ethereum’s L2 blockchain.
  2. The Meme Games (MGMES) — Best Olympics-inspired penny crypto stakeable in smart contracts.
  3. WienerAI (WAI): New token disrupts the meme coin scene with its dachshund-inspired AI twist.
  4. PlayDoge (PLAY)The latest addition to the Doge ecosystem that provides multiple ways to earn.
  5. Shiba Shootout (SHIBASHOOT): Stake your claim in the wild west of penny cryptos.
  6. Base Dawgz (DAWGZ)The best multi-chain meme token with long-term potential.
  7. MegaDice (DICE): The newest GambleFi token with great potential.
  8. 99Bitcoins (99BTC): An exciting project to learn about crypto and get rewards.
  9. SpacePay (SPY): Decentralized protocol supports crypto as a payment option at retail stores.

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. Pepe Unchained – Pepe-inspired meme coin based on Ethereum’s L2 blockchain

Pepe Unchained is a new meme coin with big ambitions, aiming to be a top contender in the best penny crypto category. Built on Ethereum’s layer-two (L2) blockchain network, the platform boasts greater scalability, lightning-fast transaction speeds, and significantly lower costs compared to traditional meme coins.

Pepe Unchained presale

This translates to real benefits for users. $PEPU, the native token, offers exciting long-term growth potential thanks to its passive income opportunities. By leveraging the L2 network for efficient transactions, Pepe Unchained cuts costs and delivers impressive staking rewards.

Holders can stake their $PEPU tokens and earn a staggering annual yield of up to 4,900%! With over 32 million tokens already locked in staking, the community is actively participating in the ecosystem’s growth. Additionally, 1.6 billion tokens out of a total supply of 8 billion are being distributed through the ongoing presale, offering a chance to get in early.

Currently priced at a mere $0.008032 per token, Pepe Unchained presents a compelling entry point for investors seeking a potentially lucrative “best penny crypto” option. The project has already raised nearly $500K within just a week of its presale launch, demonstrating strong early interest. With upcoming exchange listings, a consistent staking yield system, and an efficient network, Pepe Unchained positions itself for significant long-term growth.

Your money is at risk.

2. The Meme Games — Olympics-themed best penny crypto stakeable in smart contracts

The Meme Games is here, a playful penny crypto option with the potential to be a long-term favorite. This gamified Olympics meme coin lets you join the excitement.

“Light your torch” by grabbing $MGMES tokens during the presale. Choose your favorite meme athlete (Dogecoin, Pepe, and the gang!) to compete in the virtual 169m sprint.

The Meme Games Website

It’s a fair shot with a random selection process, so pick your favorite meme. Don’t sweat it if your meme champ doesn’t win – there’s no minimum purchase. Grab multiple tokens and try your luck with different characters!

The presale runs alongside the Olympics, wrapping up on September 8th, 2024, coinciding with the Paralympics closing ceremony. The official launch on decentralized exchanges follows hot on its heels on September 10th.

Your money is at risk.

3. 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%.

The WienerAI token

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.

Your money is at risk.

4. 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.

playdoge crypto game

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.

Your money is at risk.

5. Shiba Shooutout – Stake your claim in the wild west of penny cryptos

Shiba Shootout integrates a Wild West theme with a strong community focus. Launched on April 20, 2024, with 2.2 billion tokens, it stands out from the pack by offering real utility and the potential to become a top penny crypto.

The Shiba marshal and the sharpshooters

The presale offers 35% of tokens and attractive staking rewards to get in early. A key feature is the Posse Rewards program, where both new and existing members earn tokens for referrals, fostering a vibrant community. Campfire Stories reward holders who share entertaining crypto stories, adding a unique social twist.

For passive income seekers, Cactus Staking offers increasing rewards the longer tokens are staked. Phase two brings an exciting mini-game, adding interactive gameplay before exchange listings.

With its innovative features, engaging community activities, and roadmap that includes major exchange listings like CoinGecko and CoinMarketCap, Shiba Shootout is more than just a meme coin. It’s a promising project that combines fun and potential profits, making it a strong contender in the best penny crypto category.

Your money is at risk.

6. 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.

Base Dawgz presale

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.

Your money is at risk.

7. 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 best crypto presales

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.

Your money is at risk.

8. 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.

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. 

SpacePay homepage

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. 

Your money is at risk.

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 crypto

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.

metamask wallet buy penny crypto

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.

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.

penny cryptocurrencies

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.

Your money is at risk.

FAQs

What is the best penny crypto to buy now?

Which crypto under $1 will explode?

Which penny coin will explode?

Which crypto will give 1000x?

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.