9 Best Penny Cryptos to Buy That Will Hit $1 in 2023

So-called penny cryptos have led to some of the highest gains among crypto investors in the past few years. If you find the best penny cryptos while they're on the low, you can get 1000x returns in the future. While many of the previous top-ranked penny cryptos lost value over time, a few upcoming projects show impressive potential.

Of course, we won't go over all of them, as a few dozen projects could lead to considerable gains in 2023. However, we'll introduce you to a few with the highest potential, so check the list below, with more details in the following section.

1. Meta Masters Guild (MEMAG)

2. Fight Out (FGHT)

3. RobotEra (TARO)

4. C+ Charge (CCHG)

5. Metacade (MCADE)

6. Stellar Lumens (XLM)

7. VeChain (VET)

8. Hedera (HBAR)

9. Cronos (CRO)

9 Best Penny Cryptos to Buy in 2023

Let's look at what the 9 best penny cryptos offer from up close.

1. Meta Masters Guild (MEMAG)

Meta Masters Guild aims to spread blockchain adoption by introducing a web3-based mobile gaming platform for everyone to explore. The project allows users to play various exciting mobile games to earn in-game tokens called GEMS. These tokens are used to upgrade in-game characters, but they can also be exchanged for native ERC-20 MEMAG tokens and sold on the open markets. MEMAG tokens are available in presale, so hurry up and invest and get the highest returns down the road. 

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2. Fight Out (FGHT)

Fight Out is another emerging crypto project built around the best Move-to-Earn fitness app on the market. The platform allows users to download the app and earn in-app tokens called REPS every time they exercise. It's similar to STEPN but offers more exercise options, higher rewards, and fun challenges. Users can spend REPS tokens on in-game purchases and upgrades, but they can also exchange them for MEMAG tokens they can sell on third-party crypto exchanges. Invest in MEMAG tokens today, and you will likely get some impressive returns by the end of the year, as MEMAG could surpass $1. 

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3. RobotEra (TARO)

RobotEra has massive potential as it offers a fantastic mix of blockchain features packed into a vivid world with endless opportunities. First of all, it's a metaverse project that takes place in a futuristic robotic world where everything is made of blocks. Second, the game features complex social and economic systems that require players to collaborate to complete challenges and develop the world. Native TARO tokens are used for all in-game transactions, but players can also stake them to get a vote about the platform's future. You can still get TARO tokens in presale at a discount, so hurry up and invest in getting the highest returns.

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4. C+ Charge (CCHG)

C+ Charge is another new crypto platform that will make its CCHG token holders rich in the next few years. The platform is designed primarily for electric vehicle (EV) owners, and since that's a growing industry, C+ Charge is expected to explode in the next few years. Namely, if you own an EV, you will get carbon credits every time you drive or charge your car. You can then exchange those credits for native CCHG tokens that will be used to pay for EV charging at charging stations across the globe! There are over 50 days before the presale closes, so take advantage of your chance to get over 80 CCHG tokens for just $1. 

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5. Metacade (MCADE)

Metacade is designed to become one of the largest crypto gaming platforms in the world. Experts deem it will take control over the GameFi markets, leading to massive ROI for all token holders. The platform offers a wide range of crypto services, a ton of Play-to-Earn (P2E) games, and it's a metaverse. The project will become a DAO platform at one point, allowing holders to stake their MCADE tokens to get a vote. Metacade will also allow users to land paid jobs as game testers, designers, and more.

6. Stellar Lumens (XLM)

Stellar Lumens, or XLM as it's better known, is an open-source payment protocol with colossal potential. It's on every 'best penny crypto to buy' list, and it's no surprise since it's designed to allow quick, safe, and simple cross-asset value transfers. In fact, Stellar Lumens is one of the fastest multi-currency exchanges on the market, and it will likely become one of the industry leaders in the next few years. XLM tokens are selling for as little as $0.070 per token, so if you invest today, you will likely get some impressive returns in the future.

7. VeChain (VET)

VeChain is also a penny crypto that should be on your radar. Its native currency, VET, is used to pay for supply chain management and other processes streamlined by the platform. VeChain uses big data and real-time analytics to help improve various business operations while reducing costs. It combines Internet of Things technologies with blockchain features to enable accurate goods tracking, prevent fraud, and much more. 

8. Hedera (HBAR)

Hedera is another open-source project that provides fast transfer speeds and excellent security features. It's entirely powered by the HBAR token, which covers transaction fees, value transfers, and staking. Hedera offers a multitude of different services, such as file storage, dApps, smart contracts, etc. Unlike many similar platforms, Hedera requires parties to update the ledger and verify transactions manually. 

9. Cronos (CRO)

Lastly, Cronos, or CRO, is the native token on Crypto.com, one of the most popular CEXs on the market. As such, CRO will turn out to be a good investment no matter when you buy it. Moreover, as a CRO holder, you will get access to a variety of financial services, including staking tokens to earn interest, backed lending, and much more. 

Wrapping Up 

That concludes our list of the 9 best penny cryptos to buy in 2023. The top choice is Meta Masters Guild, while the best runner-ups are Fight Out, RobotEra, and C+ Charge. If you invest in these cryptos right now, you will pay the lowest price possible and get the highest return in the future.