Here are some of the best penny altcoins to consider buying in 2023.
As the cryptocurrency market grows in adoption, many new investors are getting interested in crypto. However, at this point, some of the top cryptocurrencies, such as Bitcoin and Ethereum, may be out of reach for many small-time investors. Unless you are willing to commit a substantial amount of money, it may be impossible to get rich off Bitcoin at the moment. That's where penny cryptocurrencies come in.
While penny cryptocurrencies are risky, they also hold the potential to turn a relatively small investment into big money. If you are ready to take the risk, below are the top 10 penny cryptocurrencies to buy in 2023 for high returns.
Dogecoin
Dogecoin is a penny cryptocurrency that has benefited a lot from the hype around meme coins in the last 2-years. While Dogecoin's price has underperformed the market since May 2021, the odds are still in its favor. That's because Dogecoin is the favorite cryptocurrency of Elon Musk, the wealthiest person in the world, and also a powerful voice in crypto. As he continues to push for its adoption, Dogecoin is a worthy penny cryptocurrency that could explode in 2023.
Read Our Dogecoin (DOGE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu
Shiba Inu gained by 48,000,000% in 2021, but it is not done yet. Back in 2021, Shiba Inu rallied purely based on hype. Today, Shiba Inu has a lot more than that, especially now that it has launched a Metaverse. As adoption grows, it could trigger a new hype cycle, making Shiba Inu top penny altcoin that could make you rich in 2023.
Don't Miss Our Shiba Inu (SHIB) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Stellar
Stellar is a cryptocurrency that is making cross-border payments more efficient. Over the last few years, Stellar has seen a significant level of adoption. As its adoption grows, the value of Stellar (XLM) will grow over time. This makes XLM one of the best penny cryptocurrencies to buy and hold long term.
Check Out Our Stellar (XLM) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
XRP
XRP is a cross-border payments system designed to help people send money fast and cheaply. In the last 2-years, XRP has been lagging the market because of the SEC's case against Ripple. The case will end at some point, and if it goes Ripple's way, XRP could rocket, making it a worthy penny cryptocurrency to keep an eye on today.
Read Our Ripple (XRP) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Basic Attention Token
Basic Attention Token is a cryptocurrency that powers the Brave browser. Brave adoption is globally due to its privacy capabilities and fast speeds. Besides, it is drawing in users because they get to earn brave rewards in BAT tokens after viewing ads. The more Brave is adopted, the higher the chances of BAT going up in value. It's penny crypto worth holding long term.
Don't Miss Our Basic Attention Token Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitgert
Bitgert is a new kid in the crypto bloc, and it's doing exceptionally well. Bitgert (BRISE) is gaining traction in the platform blockchain space for its transaction speeds and zero fees. This is giving it an edge in the platform blockchain space, and it's likely to see its value explode exponentially in the next few years. It's a worthwhile penny cryptocurrency to hold for years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Telos
Telos prides itself on the fastest Ethereum Virtual Machine. Telos transaction fees are low, and Telos transactions are almost instantaneously. Since costs and scalability are key to blockchain adoption, Telos is penny crypto to watch in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
UniBright
UniBright is a cryptocurrency designed by the brains behind the Ethereum network. The primary goal of this cryptocurrency is to make it easier for businesses to adopt cryptocurrencies. With blockchain taunted as one of the technologies that will anchor the future of the industry, UniBright is a top penny cryptocurrency that could do well in 2023.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Vechain
Vechain is a cryptocurrency that is working towards making supply chains more efficient. One thing that makes Vechain a penny cryptocurrency to buy today is its growing levels of adoption. It's an indicator that people believe in Vechain, and that's a plus.
Don't Miss Our VeChain (VET) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Graph
The Graph is a querying system for the Ethereum blockchain. Since querying data on the blockchain will only grow in importance over time, the Graph has what it takes to grow in importance. This makes it one of the best penny cryptocurrencies to buy and hold today.
Check Out Our The Graph Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro – The Best Platform To Buy Penny Altcoins
Open an account with eToro, deposit some funds with USD, and finally – buy penny altcoins for just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
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