What are the best penny cryptos that could potentially explode this year? In all bull seasons, it seems like everything goes up, but it’s important to catch the right ones, and legacy cryptos Dogecoin and Stellar are two examples of this.
But the fastest-growing crypto this cycle, like always, will be a new offering, and with its presale just about to launch Raboo is a top contender.
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Raboo is set to be the fastest-growing crypto
Raboo is on the cusp of launching its presale, and with the interest growing underground it’s about to make a splash as one of the best penny cryptos to watch. This AI-enhanced meme coin is designed to reward its community with $RABT tokens through engaging in meme-generating activities.
This is already building a vibrant and interactive ecosystem, as early investors get ready for an expected presale success. With an initial token price of just $0.003, Raboo offers an accessible entry point for investors, aligning with the hallmark traits of what makes penny cryptocurrencies so enticing.
Analysts predict Raboo’s value could soar by 233% during its presale period and a potential 100-fold increase in value post-launch. And with the bull season just getting going, the timing could not be better as everything aligns with the Raboo project.
As best penny cryptos go Dogecoin still leads the way
Dogecoin, initially created as a joke, has transcended its comedic origins to become a serious contender in the cryptocurrency market and is certainly one of the best penny cryptos. Dogecoin features include an unlimited supply, which promotes its use as a tipping and transactional currency rather than a scarce asset like Bitcoin.
Dogecoin boasts fast transaction times and low transaction fees, making it an ideal choice for small, everyday transactions and online tipping. It led the memecoin market and still does, and although it can’t possibly make the huge gains of previous, Dogecoin can be a good option in a diversified portfolio.
Stellar could be about to return to former glories
Stellar was one of the fastest-growing cryptos of the 2017 bull cycle peaking at $0.87, and although it enjoyed some success in 2021, and with a local price of $0.14 Stellar hasn’t lived up to its early potential.
Stellar facilitates fast and low-cost cross-border transactions. It was created to connect financial institutions, payment systems, and individuals, making Stellar the crypto for anyone, anywhere, to send and receive value in a matter of seconds. The Stellar price might still be down but it is arguably one of the best penny cryptos for this bull cycle.
Conclusion
Of the best penny cryptos, it’s always good to take a diversified look. Dogecoin is a leader in the memecoin space and will likely do well when the bull season really takes off. As will Stellar, once the fastest-growing crypto it has underperformed, but 2024 could see it return to its former glory.
In all bull cycles, it’s the newest cryptos that offer the best returns. And with Raboo launching its presale, as all the stars are aligning, and analysts’ predictions of an x100 ROI seem well within reach.
You can participate in the Raboo presale here.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.