Penny cryptocurrencies are said to be one of the best alternative types of investments, Explore Now:
Tether is beneficial for crypto investors because it offers a way to avoid the extreme volatility of other cryptocurrencies.
USD Coin (USDC) is a digital stablecoin pegged to the United States dollar and runs on the Ethereum, Stellar, Algorand, Solana, Tron and Hedera Hashgraph system.
Undoubtedly, this is one of the most popular cryptocurrencies in the market. Ripple is a technology that acts as both a cryptocurrency and a digital payment network.
Next on the list of the top 10 penny cryptocurrencies is Dogecoin. An open-source cryptocurrency started in 2013 by Jackson Palmer and Billy Markus.
Shiba Inu was created in August 2020, dubbing itself the Dogecoin killer. On 13 May, VitalikButerin donated more than 50 trillion SHIB to the India COVID-Crypto Relief Fund.
Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance approved and regulated by the New York State Department of Financial Services (NYDFS).
Crypto.com Chain is one of the products in Crypto.com's lineup of solutions designed to accelerate the global adoption of cryptocurrencies.
TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin value-pegged to the US Dollar.
Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world's unbanked.
The price of DAI is soft-pegged to the USA dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time a new DAI is minted.