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Everyone that has been investing at all has heard about the penny stocks. Even if you are not an investor, you may have watched the movie "Wolf of Wall Street" where the protagonist makes millions of these little beauties.
Categorized by the SEC as an asset that is traded at below $5 per share, they are typicaly referred to in regards to traditional stocks. However, there is now a growing interest in cryptocurrency penny stocks.
This is because as we have seen from the rise of bitcoin, which traded at less than a dollar before blowing up to heights of over $50,000, they can be a very lucrative opportunity if you buy them at the right time.
Today, we will look at 8 penny crypto stocks that are likely to explode in the near future and in so could provide you huge gains in the months and years to come.
One of these is a trading platform with unique features that is taking the market by storm, Dash 2 Trade (D2T). Another is the eco-friendly project, IMPT, and we will explain why this green crypto is the right choice if you a environmentally conscious investor.
While for gamers, we discusss Lucky Block (LBLOCK), which is a crypto gaming platform with great prizes available, and a P2E card game called Calvaria (RIA) which is growing in popularity.
All these penny stock cryptocurrencies can earn you a nice profit on the side so you can use it for other investments. Let's dive into them.
The goal is to buy low and sell high, that is why we made a list of the best cryptocurrency penny stocks to can buy now. These are all cryptocurrency penny stocks that have the potential to grow big, because of their community and other factors that we will show you.
The above-mentioned stocks have the potential to grow big, and that is why we made a research and detailed review of them so you can make a decision and start investing.
The listed penny stocks above are very interesting considering that each of them had reached its high at one time.
They have then slightly declined or some of them even drop to the lowest under $1. They are good penny stocks that have the ability to reach their highs and even above that. But how much will they need to reach the top? That all depends on how the companies do their business in the future.
There are penny stocks that are moving forward and constantly growing. Most of them are still in pre-sale. These are among the best cryptocurrency penny stocks that you should definitely buy in 2022 if you want big gains in 2023!
Dash 2 Trade is the most impressive platform with amazing features where users have access to metric signals and social trading tools. No matter if you are a professional trader or at the beginning of your journey, anyone can be a part of Dash 2 Trade. The taxless D2T token supports an informed trading analytics platform providing crypto traders with in-depth market insights to help create market-beating strategies.
The heart of the Dash 2 Trade platform is its powerful and innovative dashboard. All tools are summed up together into this. You will find metrics, indicators, turbo-charge trading performance, and signals.
You have the option to choose 3 subscription models, and each of them is unique and stands out with different features. Here is a little overview of the features and possibilities:
The project has now reached its Presale Stage 3 and so far over $5 million has been raised. You should hurry up and grab the opportunity since the price will rise as soon as the Presale Stage 3 is completed.
The RobotEra metaverse is a futuristic robot theme where users are represented by a virtual robot that can be customized to your likings. Users will also be able to buy and own virtual real estates and acquire resources from your metaverse land, which you can later use.
There are endless possibilities within the metaverse as you can create your own games without any coding knowledge, due to the user-friendly interface.
The native token of the RobotEra metaverse is TARO which follows the ERC-20 standards. It is currently on presale 1 and you should hurry and purchase this coin before it enters the presale 2 stage and the price goes up.
Calvaria is a new fantasy card game where players can battle against each other and wager against one another in PVP games using the native token $RIA. It really stands out from other P2E games, because it offers a story mode. The project's mission is to create the first effective ambassador between the "real world" and crypto, achieved by creating a fun and accessible game, available on both mobile app stores and PCs.
The game is designed in such a way that each player can truly own the in-game resources. They can earn these either through playing or investing in the game's ecosystem. You will have full ownership of everything you earn in the game. Whether it's NFTs, tokens, skins, potions, and others.
This project has its purpose to reduce carbon emissions that will help our environment. Around thousands of the largest retail brands allocate a specific percentage of sale margin for environmental projects. It is connecting users with various eco-friendly projects that have a mutual goal. According to IMPT.io, the carbon offset market will be worth over $700 million by 2027.
The token relies on its blockchain technology, which records transactions and tracks assets in a business network. IMPT project is listed NOW, and this is your chance to take part in it and have 100x returns.
Tamadoge is the currency in Tamaverse where you can create, breed, and care for your TAMADOGE pets. You also have the ability to use your pets for battle. It is a deflationary cryptocurrency that was launched recently, in July 2022.
The concept is simple where you have to take care of your Tamadoge, so they can become stronger. If you leave them unattended for too long, they will end up as Tamaghosts.
Tamadoge is using the latest NFT and token standards to bring you a token that can inject life into the Tamadoge pets. They're working hard to ensure your Tamadoge feels like as much a member of your family.
There will be over 1 billion tokens in circulation with over 400 million unminted and reserved for exchange. There are some facts that you should know about this exciting project. First of all, 50% of tokens will be sold via a public presale.
You can use the token to buy your Tamadoge pets in the Tamaverse. Your pets are mintable and tradable NFTs. Each Tamadoge Pet is minted as a baby, and they have their own stats, strengths, and weaknesses.
We highly recommend you to check out this amazing project, because it has a huge variety of options and benefits.
This is probably the best among the penny stocks to buy in 2022. The thing is that Lucky Block is actually a cryptocurrency with exceptional growth potential. This coin can be a great addition to your equity portfolio so you can boost its level of diversification.
Lucky Block is a crypto gaming platform that is hosted on the Binance Smart Chain (BSC). Blockchain technology provides a great and more transparent gaming experience which is using the Lucky Blocks native token, the LBLOCK. It is also an NFT competition platform.
The LBLOCK holders also benefit by receiving a huge yield of over 19% per year. All the mentioned things helped this coin to rise over 3000% after it was listed on PancakeSwap earlier this year. The all-time high was $0.009617. The current price is currently $0.001950.
This is a great opportunity to buy Lucky Block while trading at a discount. Many features and upgrades are coming that will give great benefits to the users and holders. The additional centralized exchange listings and a FIAT ramp are just a few improvements that are coming. The investors can then use regular currencies to purchase LBLOCK. Their iOS app is currently being reviewed by Apple and will soon hit the App Store. This is going to be convenient for investors as they can use their mobile phones to participate in the lottery games and trading, minting NFTs.
The hype is huge regarding LBLOCK and their Telegram Group is already reached over 50-000 members. All the updates that are going to come can be viewed on the Telegram group. Because the bullish momentum could come soon, that is why you should start investing in this coin.
This is a cannabis-related company that exclusively serves the US healthcare sector. Their headquarters is based in Pennsylvania. They are developing formulations that are applied to patients' skin to provide pain relief. Zygel is one of their famous products which is a patent-protected gel. . The problem with companies that are related to cannabis is that they remain illegal at a federal level.
The Zynerba stock is currently at a price of $1.25 per share which can rise in the common period. It can bring you some nice gain if invested in this penny stock.
Nano Dimensions is a 3D printing specialist that speeds up electronic manufacturing. They are implementing software as well as hardware to achieve this. The NNDM share is now priced at $3.45. Last year it hit the all-time high of $15.54 and many early investors profited from that jump.
Many hi-tech companies that are new to the market have that effect of getting a high price and then all of a sudden fall down, even below the initial price. The thing with this specific penny stock is that the acquisition of Global Inkjet Systems and Essemtec in the last 12 months did not benefit the company at all. Which resulted in a huge price drop.
You are probably wondering where to buy the penny stocks. There are many trading apps and platforms that is supporting various stocks as well as cryptocurrencies. You have to check them out in order to find the best stockbroker platform that will satisfy your needs. In terms of design, features and of course price. Many of the platforms have different types of fees, which you need to check. On the other hand, there are platforms where you need to deposit just $1 and start trading.
Cryptocurrency penny stocks are a great way to start your investment adventure. The prices can again reach their high, where it all will depend on how the companies will conduct their business. You should do additional research on your own since penny stocks can be an investment that is most profitable in the long run.
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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.
