Penny cryptos are typically low-cost, trading at just a few cents, which makes them appealing to many traders. Owing to the low entry barrier and high reward potential, penny cryptocurrencies are popular despite the increased volatility in the crypto market. 

But not all penny cryptos can be equally rewarding, so it is important to know the ones with the highest growth potential over the next year.

Here are the top 7 penny cryptocurrencies that have the best shot before 2024.  

  • Dash 2 Trade (D2T)

Rather than spending hours researching new coins, investors can check out Dash 2 Trade to invest in, because it is the best cryptocurrency to buy now among penny cryptos. They can save a lot of time by using instant listing alerts and social statistics to help them decide which cryptocurrencies are worth investing in. Another useful tool is social analysis, which can help you identify promising coins before it’s too late. The second phase of the presale for the D2T token is about to conclude.   

  • Calvaria (RIA)

An engaging card game, Calvaria lets you take control of a wide variety of characters. At its heart, Calvaria is a competitive strategy game, so it’s important always to put forth your best effort to outsmart your opponents and come out on top. Two game modes are available here: the AI-controlled Single Player Campaign Mode and the player-versus-player mode, which is the main draw.

Both modes have their merits; if you want a game to be challenging and exciting, the latter is the better option, but playing solo has advantages, such as the ability to learn strategies without input from human competitors during battle.  

  • IMPT (IMPT)

The IMPT platform is a game-changing way for people to get cryptocurrency and simultaneously do real, tangible good for the planet. Investors can sell their carbon credits on the IMPT marketplace or burn them to neutralize their carbon output. Investors will receive NFTs as compensation. A two-stage ongoing presale is currently open for participation. The current funding round is $12,1 million, with investors expected to contribute $0.023 per token.

  • Tamadoge (TAMA)

Tamadoge is a highly appealing ecosystem that takes its cues from the popular Tamagotchi pets of yesteryear. All the features players want—including the ability to venture into the metaverse, NFTs, cryptocurrency, and the play-to-earn mechanism—are available on a single platform. They create a unique chance to have fun and make money simultaneously.

The success of TAMA proved that meme coins could serve a practical purpose, which is why many people are eager to buy them. The current token price is $0.02774, but there are strong indicators that this token will hit $1 before 2024 due to the enormous price spikes you could see during the presale and the previous period.

  • Ripple (XRP)

Investors have given XRP a lot of thought; at this point, they’re just waiting to see if it pays off in the long run. The lawsuit is a major roadblock, as it discourages people from taking action until they know how the situation with this new development pans out. At its current exchange rate of $0.4982 per coin, XRP has appreciated by 9.75% in the last 24 hours.

  • Shiba Inu (SHIB)

Since Elon took over Twitter, the price of Shiba Inus has gone through the roof. The reason for this is that those who invested in SHIB on Twitter and elsewhere believe it has the potential to become a mainstream payment method with significant financial rewards for its owners. Still, it’s important to treat this cautiously because how things will turn out is still being determined. Shiba Inu has increased in value by 5.21% over the past 24 hours, with today’s price at $0.00001262.

  • Tron (TRX)

There was a lot of upheaval in the cryptocurrency market this year, but one project stood out from the crowd: Tron (TRX). Despite a decline of 8% since January, the coin is still attractive as you inch closer to the year’s end. The current price of TRX is $0.06309, representing a +1.95% increase over the last 24 hours.

Conclusion

You can do nothing but wait and see how each cryptocurrency’s price develops in the future, as they all have excellent growth potential. If you’re deciding which cryptocurrency to invest in now, this list should help narrow your options. If you want to invest in the coins currently in presale, you need to decide quickly before it is too late.