Hitting the $1 mark is a significant milestone for many crypto coins, as it not only signifies market acceptance but also reflects the growth of that project. As the cryptocurrency market continues to evolve, crypto enthusiasts are keenly watching the trajectory of various altcoins and meme coins.
Based on data gathered from official coin sites and crypto analysts’ insights, this article delves into the best penny cryptos could hit $1 in 2024. At the top of our list of best penny cryptos is ButtChain, followed by Hedera, EOS, The Graph, Fantom, and AIOZ Network.
ButtChain (BUTT) - The first Auto Liquidity meme coin on Polygon blends humor and innovation.
Hedera Hashgraph (HBAR) - An open-source proof-of-stake public network.
EOS (EOS) - A decentralized platform for smart contracts and DApps.
The Graph (GRT) - A decentralized, open-source protocol for indexing blockchain data.
Fantom (FTM) - A smart contract platform that addresses scalability issues.
AIOZ Network (AIOZ) - A layer 1 blockchain for interoperability between Ethereum and Cosmos.
1. ButtChain (BUTT)
ButtChain brands itself with clever wordplay on the term ‘blockchain’. This hot new meme coin on presale distinguishes itself with its key liquidity-focused mechanisms:
Auto Liquidity: This feature allocates 20% of presale sales into the Uniswap liquidity pool to facilitate seamless trading once the coin launches.
Liquidity Farming: Following the launch, each transaction incurs a small 5% fee, which is used for further enhancing liquidity, rewarding ButtChain developers, and fueling a burn mechanism. This is an ingenious feature as it not only helps ensure smooth trading but also creates deflation as fewer total tokens are available with each transaction.
ButtChain also introduces the following exciting features:
Daily Price Increase: Token prices are programmed to go up every 24 hours during the presale, rewarding early buyers and creating a sense of urgency.
Earn with ButtChain Referrals: Through the Share and Earn program, referrers can earn 20% of the sales they generate in MATIC during the presale, by sharing their unique referral link. This amazing feature makes it easy for you to start earning crypto today.
So what are you waiting for? Visit the official ButtChain website to get your tokens today!
2. Hedera (HBAR)
Hedera is an open-source, proof-of-stake public network with a governance system designed for the creation and deployment of decentralized applications (DApps). It provides developers with three core services: smart contracts based on Solidity, consensus mechanisms, and token services.
3. EOS (EOS)
EOS is a decentralized platform designed for developing and deploying smart contracts and DApps. It utilizes the EOS token, which serves as the primary currency on the platform, enabling transactions and access to network resources.
4. The Graph (GRT)
The Graph is a decentralized and open-source protocol for indexing blockchain data. It facilitates data querying on the Ethereum network. Additionally, The Graph allows developers to create various application programming interfaces (APIs), known as subgraphs, which are designed for different queries.
5. Fantom (FTM)
Fantom is a smart contract platform that addresses the scalability issues faced by other blockchains through its unique Lachesis consensus mechanism. FTM, the native token of the Fantom network, is utilized for staking, governance voting, payments, and transaction fee payments within the Fantom ecosystem.
6. AIOZ Network
AIOZ is an Ethereum token that functions as the driving force behind the AIOZ Network, a Layer 1 blockchain designed for interoperability between Ethereum and Cosmos. The AIOZ Network focuses on delivering instant finality and low transaction costs for a variety of applications, including file storage, live streaming, and content delivery.
ButtChain, Hedera, EOS, The Graph, Fantom, and AIOZ Network top our list for the best penny cryptos. Each of these cryptocurrencies offers unique branding and features while maintaining affordability. Their innovative approaches include efficient consensus mechanisms, enhanced interoperability, and other services. However, it is impossible to predict which crypto will reach $1 due to volatility and other factors.
As one of the trending cryptocurrencies in 2024, ButtChain is capturing attention and creating buzz among crypto fans. Being the first auto-liquidity meme coin on the Polygon blockchain, ButtChain presents itself as the best penny crypto. However, due to the inherent volatility of cryptocurrencies, it is difficult to precisely predict which specific coins will explode in any given year.
This article has shed light on the top contenders for best penny cryptos: ButtChain, Hedera, EOS, The Graph, Fantom, and AIOZ Network. Among these projects, ButtChain stands out due to its unique combination of humor, engaging features, and innovative liquidity solutions.
However, all crypto carry inherent risks and unpredictability. Remember that thorough research is crucial before engaging with any cryptocurrency. This article is not financial advice.
Want to become one of the first ButtChain token holders? Visit the official ButtChain website now to learn more! But hurry! The price of ButtChain increases every 24 hours!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.