So I think we’re all feeling the pain right now in the Cryptoverse, and the only real strategy right now is to continue averaging in for long-term gains. Which brings us up to 6 of the best penny cryptos to buy right now and HODL for 20 to 100X returns. Of course, as we go over these, keep in mind none of this is financial advice, it’s just my opinion, but we strongly believe in these coins moon shipping in the next couple of years.
Also, if you’re still on the hunt for a great crypto exchange, we’ve got 5 of the best to check out right here.
1. Basic Attention Token
Okay, so lets kick things off with the Basic Attention Token. Now, this is an advertising coin thats been around since 2017. It’s also connected with the Brave browser. Basically, the way it works is when you use the Brave browser, it pays you for your attention, and you can get some free BAT tokens. The thing about this coin is that Brave’s been growing its userbase consecutively for many, many years. It runs off of Google Chrome’s Chromium, and honestly, guys, it’s super undervalued right now. I see this coin easily 20Xing, whether it’s in the next one or two years.
Okay, the next coin here, we’ve got The Graph GRT. Now, this coin is in the top 100. Basically, what The Graph does, it indexes different blockchains. And it’s been referred to as, “The Google of cryptocurrencies.” Now, the all-time high on this coin was around $1, but it’s since plummeted, obviously. That has a lot to do with Bitcoin tanking the market, but this is a very unique cryptocurrency. There’s really nothing else like it. And I like it for its uniqueness. Also, like I said, it’s been able to stay in the top 100 for quite some time. They’ve got some partnerships. There’s some really smart people behind this coin, and I would take a look at it.
Okay, next up, we’ve got Decentraland. When it comes to Metaverse cryptos, I think, is going to be one of the biggest growing sectors in the next one or two years. If you look at Facebook, I don’t know if you guys have tried any of those VR headsets, but it’s pretty wild stuff. I’d actually recommend getting one of those VR headsets. They’re really cool. But Decentraland, basically what it is, you can buy and sell virtual land on here, virtual goods. They’ve gotten into the online casino space, which I really like. And you can get this at a great price right now, so it is in that penny range. I think the return on this could be massive. I only see some big growth in the coming, whatever for them. Like I said, Atari’s a big investor here, and I would take a look at it.
4. The Sandbox
Okay, the next one here, we’ve got another Metaverse crypto, actually the next couple, The Sandbox. Now, The Sandbox is sort of similar to Decentraland, but they’re not in the online casino space right now. But, basically, what you can do, they’ve got a game where you can buy and sell virtual land, which is why they’re kind of similar. It’s pretty crazy. I would actually recommend looking into The Sandbox. The whole concept of it is pretty ridiculous. Another thing I like about them is they’re really only one of the Metaverse coins that has done a lot of heavy advertising online. I’ve seen a lot of ads for The Sandbox, and it’s pretty cool. So check it out.
5. Enjin Coin
All right, next up, we’ve got the final Metaverse coin on this list, which is going to be the Enjin Coin. Now, I love Enjin. I continue stacking this coin every single week. I’ve got some recurring buys. I’m trying to get up to 40,000 coins on this one. Obviously, I’ve mentioned I’m way upside down in my position. However, I think this could be one of the best returners on this list of penny cryptos. They started off as a gaming community many years ago, over a decade ago. They’ve turned into an NFT marketplace, and they started a $100 million NFT fund. They’ve got a lot of cash. They’ve got partnerships. Massive growth is going to come into Enjin, and the NFT thing is still really early as well.
Okay, last up here, we’ve got XRP. You guys know I love XRP. Right now, XRP is still in that SEC lawsuit. It is going to wrap up eventually. As far as large-cap cryptos go, it is still in the penny range, sadly. Anything under $1 on this coin, I feel like, is a really good buy, as long as you’re HODLing onto it. Nobody really knows how high XRP can go. I’m looking for a price of anywhere from $10 to $12. And even if it does get up to that price sooner than later, I’m probably not even going to sell it. I’m going to hold onto it. I think the coin could go up to $20, $30. Obviously, it’s going to have a lot of movements in between then, but this is a long-term crypto for me.
Top 3 Crypto Exchanges In 2022 – Summarized List
Uphold is considered to be one of the safest ways to buy cryptocurrency by many digital asset experts. Since launching in 2014, Uphold has maintained an exemplary reputation for security among its customers. The site is unique in the sheer amount of assets it offers. You can get started on Uphold here.
- Available in more than 180 different countries
- Transactions sent between Uphold users are completely free
- Huge list of cryptos available
- Fees are unclear in certain buy and sell spreads
2. Binance US
Binance US is a cryptocurrency exchange for U.S. residents that allows users to buy, sell, and trade supported cryptocurrency. Binance US also offers “staking,” or lending of several cryptocurrencies, paying users interest for lending their crypto assets. They have a wide list of cryptos available and super low trading fees. You can get started on Binance US here.
- Great looking interface on desktop & mobile
- Beginner friendly
- Low trading fees
- Fewer crypto-to-crypto currency pairs than global Binance site
If you’re looking for an affordable, all-in-one cryptocurrency platform, Crypto.com might be right for you. The more Cronos (CRO) you’re able to stake, the more benefits you’ll get from this exchange. They also have a huge list of cryptos available. You can get started on Crypto.com here.
- Wide list of crypto available
- Low trading fees
- Staking available
- Lack of educational resources
So, that wraps things up for some of the best long term penny cryptos to get into going into 2023-2025. These coins are super undervalued and could start to rise any given day. Just remember to keep a long term mindset whenever you invest into a cryptocurrency. The week to week trading can drive a person crazy.