Top 5 Best Penny Cryptocurrencies to Invest in 2021

Cardano, XRP, and Avalanche Tokens Falls Amid Market Sentiments
  • SHIB is a dog-themed coin that has created its own DEX. 
  • Altcoins often rise during the boom period but come with larger risks.

During the 2021 Bull Run, cryptos soared. Altcoins, DeFi blue chips, and even meme coins doubled in value in days to months. This price increase occurs throughout every boom cycle. Like equities, crypto goes through boom and bust cycles. Altcoins often rise during the boom period but come with larger risks.

However, choosing altcoins, let alone penny cryptocurrencies, is not straightforward. So, this article looks at a list of penny cryptocurrencies that may explode in the Bull Run’s second leg. There are three types of penny coins: meme coins, remittance tokens, and real-world blockchain tokens. Which penny cryptos should you purchase in 2021?

Dogecoin (DOGE)

The original meme currency, DOGE. According to CoinMarketCap, the Dogecoin (DOGE) price today is $0.238153 USD with a 24-hour trading volume of $1,641,612,075 USD. It has been down 0.95% in the last 24 hours.

Shiba Inu (SHIB)

SHIB is a dog-themed coin that has created its own DEX. According to CoinMarketCap, the Shiba Inu (SHIB) price today is $0.000048 USD with a 24-hour trading volume of $2,600,495,505 USD. It has been down 2.55% in the last 24 hours.

Ripple (XRP)

XRP is the remittance coin that might explode if they win the current litigation. According to CoinMarketCap, the Ripple (XRP) price today is $1.10 USD with a 24-hour trading volume of $3,903,857,565 USD. It is up 0.42% in the last 24 hours.

Stellar (XLM)

Like XRP, XLM might gain a lot if the SEC v. Ripple lawsuit goes against it. According to CoinMarketCap, the Stellar (XLM) price today is $0.347121 USD with a 24-hour trading volume of $765,703,528 USD. Stellar is down 0.08% in the last 24 hours.

VeChain (VET)

It has lately joined China’s $1 billion pet food sector. According to CoinMarketCap, the VeChain (VET) price today is $0.144825 USD with a 24-hour trading volume of $934,492,469 USD. VeChain has been down 2.61% in the last 24 hours.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.