Have you ever wondered which krone cryptocurrency will explode in 2022? While cryptocurrencies such as Bitcoin and Ethereum trade at high prices, users may be looking to invest in cheaper cryptocurrencies. Fortunately, investors with a low budget can enter the market by trading penny cryptos – digital assets under $1.
This guide assesses the best penny cryptocurrency to invest in 2022. We review the prices of the popular assets in this category and pick the next penny crypto to explode in the coming months.
1. Battle Infinity – Best Penny Cryptocurrency to Invest in 2022
A decentralized ecosystem utilizing NFT-based protocols and blockchain technology, Battle Infinity has the potential to become the next kroner cryptocurrency to explode in 2022.
The Battle Project provides users with six different games to earn (P2E) via its metaverse – Battle Arena. For example, users can participate in the IBAT Premier League – the world’s first NFT-based sports fantasy league. Other P2E games such as IBAT Battle Arena offer users a virtual ecosystem to interact with VR headsets, allowing players to attend concerts, events and more in the metaverse.
All this is possible with IBAT – the original symbol of Battle Infinity. IBAT is a BEP-20 protocol built on the Binance Smart Chain (BSC), which acts as an in-game currency. To increase liquidity, Battle Infinity offers a global liquidity pool to facilitate exchanges between IBAT and other cryptos.
Many users can derive NFT passes from the liquidity pools to participate in the various P2E platforms. Another benefit of IBAT is Battle Stake, a crypto staking platform where users can stake their tokens to earn an annual percentage rate (APY).
Just as we have seen with popular crypto projects like Polygon (MATIC), Battle Infinity is another project that has been built with the expertise of Indian-based software engineers and developers.
The IBAT token presale went live at $0.0015 on July 11th. The token can be purchased with a BNB/USD pair at a fixed exchange rate of $250 per BNB token. Users can stay updated by following the Battle Infinity Telegram Group to see if this token could become the next kroner cryptocurrency to boom.
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2. Lucky Block – the next cryptocurrency to explode in 2022 under a krone
Lucky Block is a decentralized project built on the Binance Smart Chain (BSC) and powered by LBLOCK – the tool of the project’s ecosystem.
Next on our list for the best penny crypto to buy in 2022 is Lucky Block. This cryptocurrency project is an NFT competition platform where users can have a chance to win rewards weekly.
Lucky Block is a decentralized project built on the Binance Smart Chain (BSC) and powered by LBLOCK – the tool of the project’s ecosystem. Users can participate in the Lucky Block platform by staking NFTs to participate in a battle. Lucky Block organizes a weekly draw and a weekly NFT draw every Friday.
Users can win up to $50,000 in rewards, mostly paid out in LBLOCK. LBLOCK has two different versions – one built as a BEP-20 protocol (V1) and the other as an ERC-20 protocol (V2). The main difference is that V1 is used for decentralized exchanges (DEX), which results in a 12% tax when LBLOCK is sold.
However, the V2 tokens are built to be traded on centralized exchanges (CEXs) and do not attract transaction fees. Users can buy LBLOCK for a price of $0.008, making it a potential penny crypto to buy in 2022.
Visit Lucky Block
3. XRP – Large-Cap Penny Crypto to Buy 2022
Ripple is an open source and permissionless protocol that uses decentralized technology to process financial and international monetary transactions. By providing incredibly fast processing times, Ripple aims to provide banks and financial institutions with a convenient and cheaper way to facilitate transactions.
XRP is Ripple’s native crypto token and could be the next krona cryptocurrency to explode in 2022. While the XRP crypto reached an all-time high (ATH) of $3.84 in 2018, it corrected below $1 due to a protracted lawsuit with the SEC (Securities and Exchange Commission) in the USA.
Currently, XRP is trading at $0.36 with a market cap of over $17 billion, making it the 6th largest cryptocurrency in the world. Read our XRP price prediction guide to learn more about the future of this digital asset.
Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. Cardano – Popular Penny Cryptocurrency competing with Ethereum
Cardano is an open source and decentralized proof-of-stake (PoS) blockchain platform launched in 2017.
Cardano is an open source and decentralized proof-of-stake (PoS) blockchain platform launched in 2017. Similar to Ethereum, Cardano deploys smart contracts to support various DeFi protocols, apps, games, new cryptos and more.
By providing long-term scalability solutions for users, Cardano can sustain an average of 250 transactions per second (TPS), compared to Ethereum’s 15. At the center of this blockchain protocol is ADA – the original crypto token of Cardano.
ADA has provided significant returns to users, delivering a return on investment of more than 2000% since launch. While Cardano reached an ATH of $3.1 in 2021, users can buy Cardano for $0.49 per token.
Buy Cardano with eToro
Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. Dogecoin – Best Meme Penny Crypto to Buy 2022
After issuing an estimated $0.0005588 per token, Dogecoin rose to an ATH of $0.73 in 2021 – a price increase of more than 13,000%.
The final pick on our list of the best cryptocurrencies to invest in 2022 is Dogecoin. Dogecoin was launched in 2013 and was created as a joke after the sudden rise in popularity of Bitcoin. However, it has now risen to the status of one of the best shitcoins on the market.
The token derives its popularity from the support of eccentric billionaire Elon Musk, whose pro-dog tweets have often been linked to an explosion in the price of Dogecoins. After issuing an estimated $0.0005588 per token, Dogecoin rose to an ATH of $0.73 in 2021 – a price increase of more than 13,000%.
Since the 2021 highs, the token has corrected by 90%. Interested investors can buy Dogecoin for $0.06 per token.
Buy Dogecoin with eToro
Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to buy IBAT
After reviewing the best penny cryptos in 2022, users can perform their analysis and choose which digital assets to invest in. The sections below show a step-by-step guide on how to buy Battle Infinity (IBAT) – the best penny crypt to buy. 2022.
Step 1: Set up a crypto walletUsers can go to the MetaMask wallet and click “Download” to get started.
A Binance Smart Chain (BSC) compatible wallet must be configured when purchasing Battle Infinity. For example, MetaMask is a BSC compatible wallet that allows users to purchase Battle Infinity.
Users can go to the MetaMask wallet and click “Download” to get started.
Step 2: Connect MetaMask to BSC
To add Binance Smart Chain after downloading MetaMask, click “Add Network” and enter the following information:
Network name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
Chain ID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Click “Save” to continue.
Step 3: Buy BNB tokens
Since users must convert BNB tokens to hold IBAT, the next step is to purchase these tokens if one has not already done so. Users can buy BNB from the best cryptocurrency exchanges,confirm the transaction and transfer it to their MetaMask wallet.
Step 4: Connect MetaMask to Presale Dashboard
Head over to the Battle Infinity presale website and click “Connect Wallet” to connect MetaMask to Battle Infinity.
Users can then select the MetaMask option and follow the instructions to link their wallet to the presale.
Step 5: Buy IBAT (Battle Infinity) Tokens
Users can simply scroll down to the open order position “Buy IBAT” to continue.
Enter the amount of IBAT they want to buy and click “Buy IBAT” to confirm the transaction.
Conclusion
This guide has provided information on which penny currency will explode in 2022. By investing in some of the best utility tokens of penny cryptos, users can diversify their portfolios without spending a fortune.
We recommend Battle Infinity as the best penny cryptocurrency to invest in 2022. Traders can use this decentralized gaming metaverse to earn in-game crypto rewards, access DEXs, trade coins and even stake tokens.
Visit Battle Infinity
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