5 Best Penny Cryptos Exploding in 2022

   2022-07-30 11:07

Have you ever wondered which cent cryptocurrency will explode in 2022? While cryptocurrencies like Bitcoin and Ethereum are trading at high prices, users may want to invest in cheaper cryptocurrencies. Luckily, investors on a budget can get into the market by trading penny cryptos – digital assets under $1.

This guide reviews the best cent cryptocurrency for investing in 2022. We review the prices of the popular assets in this category and pick the next cent cryptocurrency set to explode in the coming months.



Top 5 best penny cryptos exploding in 2022

  • Fight infinity –Best Penny Cryptocurrency for Investing in 2022
  • lucky block –Next cryptocurrency to explode under a penny in 2022
  • XRP –Large cap penny crypto to buy 2022
  • Cardano –Popular penny cryptocurrency that competes with Ethereum
  • Dogecoins –Best Meme Penny Crypto To Buy 2022

1. Battle Infinity – Best Penny Cryptocurrency for Investing in 2022

As a decentralized ecosystem leveraging NFT-based protocols and blockchain technology, Battle Infinity has the potential to become the next cent cryptocurrency to explode in 2022.

The Battle project offers users six different play-to-earn (P2E) games through its Metaverse – Battle Arena. For example, users can participate in the IBAT Premier League – the world’s first NFT-based sports fantasy league. Other P2E games like IBAT Battle Arena provide users with a virtual ecosystem to interact with VR headsets, allowing players to attend concerts, events and more on the Metaverse.

All of this is possible with IBAT – Battle Infinity’s native token. IBAT is a BEP-20 protocol built on top of the Binance Smart Chain (BSC), which acts as the in-game currency. To increase liquidity, Battle Infinity offers a global liquidity pool to facilitate exchanges between IBAT and other cryptos.

Many users can derive NFT passports from the liquidity pools to participate in the various P2E platforms. Another benefit of IBAT is its Battle Stake, a crypto staking platform that allows users to deposit their tokens to earn an annual percentage return (APY).

Just as we have seen with popular crypto projects like Polygon (MATIC), Battle Infinity is another project created with the expertise of India-based software engineers and developers.

The IBAT token presale went live on July 11 at $0.0015. The token can be bought with a BNB/USD pair at a fixed exchange rate of $250 per BNB token. Users can stay up to date by following the Battle Infinity Telegram Group to see if this token can become the next cent cryptocurrency to boom.

Visit Battle Infinity

2. Lucky Block – The next cryptocurrency to explode under a penny in 2022

Lucky Block is a decentralized project built on top of the Binance Smart Chain (BSC) and backed by LBLOCK – the project ecosystem’s utility token.

Next on our list for the best penny cryptos to buy in 2022 is Lucky Block. This cryptocurrency project is an NFT competition platform that allows users to win rewards on a weekly basis.

Lucky Block is a decentralized project built on top of the Binance Smart Chain (BSC) and backed by LBLOCK – the project ecosystem’s utility token. Users can participate in the Lucky Block platform by using NFTs to enter competitions. Lucky Block runs a weekly draw and a weekly NFT draw every Friday.

Users can win up to $50,000 in rewards, mostly paid in LBLOCK. LBLOCK has two different versions – one as BEP-20 protocol (V1) and the other as ERC-20 protocol (V2). The main difference is that V1 is used for decentralized exchanges (DEXs), resulting in a 12% tax when LBLOCK is sold.

However, the V2 tokens are designed to be traded on centralized exchanges (CEXs) and do not incur sales tax. Users can buy LBLOCK at a price of $0.008, making it a potential dime crypto to buy in 2022.

Visit LuckyBlock

3. XRP – Large cap penny crypto to buy 2022

Ripple is an open-source and permissionless protocol that uses decentralized technology to process financial and international money transactions. By providing an incredibly fast processing time, Ripple aims to provide banks and financial institutions with a convenient and more cost-effective way to facilitate transactions.

XRP is Ripple’s native crypto token and could be the next cent cryptocurrency to explode in 2022. While the XRP crypto hit an all-time high (ATH) of $3.84 in 2018, it corrected below $1 due to a protracted legal battle with the SEC (Securities and Exchange Commission) in the US.

XRP is currently trading at $0.36 with a market cap of over $17 billion, making it the sixth largest cryptocurrency in the world. Read our XRP price prediction guide to learn more about the future of this digital asset.

Buy XRP with eToro

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

4. Cardano – Popular penny cryptocurrency that competes with Ethereum

Cardano is an open-source and decentralized Proof-of-Stake (PoS) blockchain platform launched in 2017.

Cardano is an open-source and decentralized Proof-of-Stake (PoS) blockchain platform launched in 2017. Like Ethereum, Cardano uses smart contracts to support various DeFi protocols, apps, games, new cryptos, and more.

Cardano offers users long-term scalability solutions and can hold an average of 250 transactions per second (TPS), compared to Ethereum’s 15. At the heart of this blockchain protocol is ADA – Cardano’s native crypto token.

ADA has delivered significant returns to users, generating a return on investment of more than 2,000% since its inception. While Cardano reached an ATH of $3.1 in 2021, users can buy Cardano for $0.49 per token.

Buy Cardano at eToro

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

5. Dogecoin – Best meme penny crypto to buy 2022

After releasing an estimated $0.0005588 per token, Dogecoin surged to an ATH of $0.73 in 2021 – a price increase of more than 13,000%.

The final pick on our list of the best cryptocurrencies for investing in 2022 is Dogecoin. Dogecoin was launched in 2013 and emerged as a hoax following Bitcoin’s sudden surge in popularity. However, it has since risen to become one of the best shitcoins out there.

The token owes its popularity to the support of eccentric billionaire Elon Musk, whose pro-dog tweets have often been linked to an explosion in the price of Dogecoins. After releasing an estimated $0.0005588 per token, Dogecoin surged to an ATH of $0.73 in 2021 – a price increase of more than 13,000%.

Since its 2021 highs, the token has corrected by 90%. Interested investors can buy Dogecoin for $0.06 per token.

Buy Dogecoin on eToro

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to buy IBAT

After reviewing the best penny cryptos in 2022, users can do their analysis and choose which digital assets to invest in. The sections below show a step-by-step guide on how to buy Battle Infinity (IBAT) – the best penny crypto to buy in 2022.

Step 1: Set up a crypto wallet

Users can go to MetaMask wallet and click “Download” to get started.

A Binance Smart Chain (BSC) compatible wallet must be set up when purchasing Battle Infinity. For example, MetaMask is a BSC compatible wallet that allows users to buy Battle Infinity.

Users can go to MetaMask wallet and click “Download” to get started.

Step 2: Connect MetaMask to BSC

To add Binance Smart Chain after downloading MetaMask, click Add Network and enter the following information:

  • Network Name: Smart Chain
  • New RPC URL: https://bsc-dataseed.binance.org/
  • Chain ID: 56
  • Symbol: BNB
  • Block Explorer URL: https://bscscan.com

Click “Save” to continue.

Step 3: Buy BNB tokens

Since users need to convert BNB tokens to hold IBAT, the next step is to buy those tokens if you haven’t already. Users can buy BNB on the best cryptocurrency exchanges,Confirm the transaction and transfer it to their MetaMask wallet.

Step 4: Link MetaMask to Presale Dashboard

Go to the Battle Infinity pre-sale website and click “Link Wallet” to link MetaMask to Battle Infinity.

Users can then select the MetaMask option and follow the instructions to link the wallet to the presale.

Step 5: Buy IBAT (Battle Infinity) tokens

Users can simply scroll down to the open order line “Buy IBAT” to continue.

Enter the amount of IBAT you want to buy and click “Buy IBAT” to confirm the transaction.

Conclusion

This guide provides information on which penny currency will explode in 2022. By investing in some of the best penny crypto utility tokens, users can diversify their portfolios without spending a fortune.

We recommend Battle Infinity as the best cent cryptocurrency to invest in 2022. Traders can leverage this decentralized gaming metaverse to earn in-game crypto rewards, access DEXs, exchange coins, and even wager tokens.

Visit Battle Infinity

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