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Penny cryptocurrencies are the chance to make a 100x in the next bull run. So what are the best penny cryptocurrencies to invest in 2022-2023?
The year is almost ending, meaning it's time to put your best foot forward and invest in the best cryptocurrency that will increase in value in the coming years. Since the beginning of the year, the market has declined dramatically, and many investors are trying to stock up on the top penny cryptocurrency investments.
With thousands of cryptocurrencies in circulation, choosing what pennies are worth investing in can take time and effort. So we've rounded some of the best-performing penny cryptos in 2022.
A new cryptocurrency project called The Hideaways (HDWY) enables people to invest in high-end residences worldwide that NFTs support. The first five homes and other perks like international concierges will be available to early investors.
Users of HDWY can purchase fractionalized NFTs with several different cryptocurrencies, including Bitcoin, Ethereum, and others. Investors will get payments from The Hideaways in ETH or USDT in return for the rental income from the residences.
The platform's native token, HDWY, is now in its presale phase and bidding for a reasonable price of $0.06. Purchase HDWY tokens to avoid the November 8 price hike to $0.072.
Website: https://www.thehideaways.io/
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The layer-1 smart contract platform VeChain (VET) seeks to challenge the existing system in data management. The project gained notoriety in 2021, but today, VET is trading at just $0.025 despite reaching a peak price of over $0.20, giving it a strong candidate for the title of finest penny cryptocurrency.
VeChain can expand rapidly along with the market recovery thanks to an already established network of clients and the regular emergence of new collaborations.
One of the most widely used blockchain-based operating systems is TRON. Since it can execute smart contracts, programmers can utilize it to create decentralized applications (dApps).
TRON is a wonderful option if you're looking for more reliable penny coins. It is not as volatile as lesser cryptocurrencies because it was created in 2017 and is among the top 50 largest cryptocurrencies by market valuation.
However, it is a cheap investment. Usually, TRX, Tron's native currency, costs between $0.06 and $0.15.
Sharding-based blockchain Harmony was created to accommodate dApps. Harmony's network divides its database into units known as shards by random state sharding, which enhances overall speed.
One of the top 100 cryptocurrencies is Harmony's native token, called ONE, which typically costs between $0.05 and $0.30.
Website: https://www.thehideaways.io/
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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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.
