Even though 2022 wasn’t been as profitable as traders would like, it did lay the groundwork for 2023 since a lot of high-quality coins are now up for grabs. But, it has always been hard to predict which coins are the best addition to your portfolio.
Investing in cryptocurrencies that cost less than $1, called “penny cryptocurrencies,” could be a wise choice. Most of them are still emerging and have yet to reach their ultimate potential.
We did some research and found 7 penny cryptocurrencies that have untapped potential to grow 50x in 2023. Among the top picks are Meta Masters Guild, FightOut, C+ Charge, Dash2Trade (D2T), RobotEra (TARO), and Calvaria (RIA) are among the best penny coins to invest in for great returns.
8 Best Penny Cryptocurrencies to Invest in 2023 – Quick Outline
Here’s a quick list of the 8 most profitable penny cryptos you should buy before they explode:
- Meta Masters Guild (MEMAG) – The Largest Mobile Gaming Guild in Web3
- FightOut (FGHT) – A Revolutionary Move-to-Earn Crypto Project
- C+ Charge (CCHG) – A Decentralized P2P Payment System for EV Charging Stations
- Dash2Trade (D2T) – New Crypto Trading Platform with Advanced Analytics Features
- RobotEra (TARO) – Robo Metaverse with Both P2E and PVP Opportunities
- Calvaria (RIA) – New Blockchain Trading Card Game With Great Growth Potential
- Tron (TRX) – Cryptocurrency for Content Creators.
7 Best Penny Cryptocurrencies to Invest in 2023 – Detailed Analysis
Now, let’s move on to a more detailed analysis of these penny cryptos.
Meta Masters Guild (MEMAG)
For all those market participants who have been patiently waiting for a worthy gaming guild based on decentralized technology, Meta Masters Guild is here. And the best part of this project is that it’s on presale currently.
Reaching stage 3 of its first-ever public presale has allowed this project to break all records and become a famously-known must-buy crypto. MEMAG, the native token of Meta Masters Guild is what makes these addictive games so worthwhile.
From afar, MEMAG seems like any other normal ERC-20 token, but a look into the whitepaper reveals that it packs a number of benefits for owners. This project will offer a play-to-earn model, playable NFTs, and more in the Web3 space. So hurry and secure your MEMAG purchase now before the prices rise any further.
Fight Out (FGHT)
If you have not yet heard of Fight Out, then chances are you cannot miss out on this exceptional crypto project. Other than motivating a huge user base to commit to their health and fitness goals, this move-to-earn crypto is changing how people see gyms.
The idea here is to avoid the traditional approach where people used to incentivize the gym authority to be able to get in shape; Fight Out will benefit its users by rewarding them.
While it’s currently in the presale phase right now, by the time FightOut launches its fitness app, the number of FGHT token holders will quadruple. Buyers can claim up to 50% worth of presale bonus from the official website if they get into this project early.
C+ Charge (CCGH)
A lot of us have seen the strategic rise in the number of electric vehicles to reduce the effect of climate change. But while this has been an overall positive event, the sharp increase in electric charging stations has also caused a problem for EV users. There is no way for them to benefit from the charging stations.
To bring a change in this narrative, a new, carbon-fueled and unique eco-friendly crypto project has emerged. The name C+Charge is not new to those who are always on the lookout for hidden gems in crypto. Its native token, which is Ethereum-based, is known as CCHG, which buyers can use for paying at charging stations.
This trending project is currently in presale so now is your chance to make the most of it.
Dash 2 Trade (D2T)
With the help of its native cryptocurrency, the D2T token, Dash 2 Trade provides a variety of trading services via its social trading platform and cryptocurrency signals. Built on the Ethereum platform, the D2T token will be used for all platform activities.
The Dash 2 Trade platform interface, which enables traders to make trading decisions based on numerous useful data points, will also provide dozens of other features, including API trading, presale analysis, backtesting strategies, social indicators, and more.
Investors can take advantage of its recent listing on CEX to get greater returns on their investments before the project goes viral in 2023.
RobotEra (TARO)
Set in an alternate universe where robots have taken over, RobotEra is an exciting new Metaverse and NFT-based crypto platform with numerous P2E and PVP gaming opportunities.
Some players are calling it “the next Sandbox,” while others are excited by its creative block-building opportunities that resemble Minecraft.
There will be several ways to earn money on the platform, including land parcel (NFT) trading, holding robotic avatars as the game scales, selling different creations, completing tasks like mining, and more.
Players can also team up with other users on the platform to streamline creation processes or simply talk to one another and network.
For staking, reward distribution, and pretty much any other platform activity, players will need to get TARO tokens.
With the RobotEra presale currently live, this is probably the cheapest TARO price you’ll ever see since the project is set to explode in 2023.
Calvaria (RIA) – New Blockchain Trading Card Game With Great Growth Potential
Calvaria: Duels of Eternity is another emerging cryptocurrency with massive growth potential and various blockchain technology integrations.
The project is built around a fantastic blockchain trading card game designed for mass adoption and it’s entirely strategy-based. Calvaria is a project made by a team of blockchain experts who also happen to share a passion for trading card games. It’s inspired by the most popular games in the niche including Hearthstone and Magic: The Gathering, but it takes the experience one step further by involving blockchain technologies.
Unlike similar games, Calvaria requires players to stake their RIA tokens before every match. If they win, they get the tokens back, along with the ones staked by the opponent. The game is attracting new investors in mass, and once it goes live, RIA tokens will likely surpass everyone’s expectations and result in some of the most impressive gains in 2023
Tron (TRX) – Cryptocurrency for Content Creators.
Tron is one of the largest cryptocurrencies in the world despite its low price; it has been consistently ranked in the top 15 cryptocurrencies by market cap on CMC. Although TRX was first made available as an ERC-20 token, it has since switched to its own network.
It is compatible with various blockchain platforms, smart contracts, and decentralized applications (dApps). As a platform for the implementation of dApps, Tron positions itself as an alternative to Ethereum.
Bottom Line
Investing in penny cryptocurrencies has been all the rage these past few years since these tokens are extremely cheap, but can hold enormous profit potential.
But just like with any other type of crypto, finding the penny tokens that are worth investing in is easier said than done.
However, according to industry experts, there are a few cryptocurrencies like MEMAG, FGHT, CCHG, TARO, and RIA that excel in all of these aspects. If the forecasts come true, these penny cryptos could bring record-breaking ROI in 2023.