Top 10 Penny Cryptocurrency to Invest in - Part 2
In my last post I started a post series on Top 10 Penny Cryptocurrency to Invest in and today I will be continuing from there as I will be going to the other list
2. RIPPLE XRP ANALYSIS
XRP is also one of the cryptocurrency whose target is to increase the rate if transaction and reduce the cost of transactions to the best minimal among financial institute. Underlining Ripple’s xRapid product, the solution of on demand liquidity, XRP helps as currency bridges for financial institutions switching value between multiple fiat currencies.
History
XRP was Brought into the light in the year 2012 by Chris Larsen with Jed McCaleb, Ripple was fore mostly known as Opencoin and it ss a technology company that create the Ripple payment method. Ripple makes banks, payment agencies and financial institute to transact money nationwide using blockchain technology.
Contrary to the good work of Ryan Fugger, in 2012 Ripple made the XRP Ledger initially known as Ripple Consensus Ledger, which is an open-source cryptographic ledger run by a peer-to-peer network of nodes.
2004, Mr Ryan Fugger induced RipplePay, to be a financial technology company whose aim is to create a peer-to-peer payments network. 2011, the Jed McCaleb membership group began the creation of a replacement consensus network for digital currencies that might later become the XRP Ledger.
I can invest in XRP because presentlythe current burn rate would take up to 20 years for the XRP Ledger to burn what is shared by Ripple and those that create it every day. Till date, Messari gave to in-depth research on management of Ripple supplyt: XRP Market Cap can be up to $6.1 billion overstated Circulating Supply Study for XRP
3. Ripple XRP
XRP is presently equal to $0.18 Ripple. XRP is also known as the best cryptocurrency among the world banks. The XRP payment system started since 2012 and it rises back in January 2018 when it hit almost $3.5. According to Coinmarketcap, based on tge maeket cap, Ripple is the world’s third most valuable cryptocurrency.
4. Stellar Lumens (XLM)
Stellar XLM is presently $0.041. Stellar is presently the 13th most valuable cryptocurrency according to the world rank of cryptocurrency. XLM has great application which meansthat it helps people to change crypto to fiat currency. Stellar reached an higher price of $0.83 in January 2018.
5. Basic Attention Token (BAT)
BAT is presently $0.14. Basic Attention Token is one of the penny cryptocurrency that is in the 34th position according to the world market cap. Integrated with the Brave Browser and having behind a great members lead by the original producer of JavaScript and co-founder of Mozilla and Firefox, BAT has a good future for investors. BAT reached its maximum price of $0.88 back in January 2018.
6. Ren
Ren is presently $0.051. Ren cryptocurrency has great possibilities to rise in the coming years. Ren enhance transactions between cryptocurrencies and tokens. Basically, one can transact any coin or token into any blockchain. Ren maximum price of $0.18 was reached recently on August 2019.
7. Tron (TRX)
Tron is presently $0.011. Tron is also one of the digital currency that is a good candidate to become a standard crypto in years to come. Tron has one of the largest online communities in the crypto space and an average transaction close to 1 billion daily.
TRX is the 11th most valuable cryptocurrency according to the world rankings and it reached its maximum value of $0.20 in January 2018.
8. DOT
DOT is presently $0.18 as at September. Digital Online Token is one of the penny cryptocurrency that is in the 64th position following the world market cap. Integrated with the Brave Browser and having behind a huge member lead by the original producer of adobe and co-founder of Mozilla and Firefox, digital online token has a good future for investors. DOT reached its maximum price of $1.08 back in April 2018 and reduces back in late August, 2018.
9. TT coin
TT coin is the cryptocurrency of the future. It started in 2017 with a price of 0.12 in dollars. The starting price is very discouraging as most investors will think the price will be stagnant or hardly move but TT coin is one of the fast rising penny crypto as it moves from 0.12 to 1.01 dollars in just two days though it didn't use up to a week before it falls again.
TT coin reaches its maximum price in the year 2019 with a price of 2 dollars which remains constant for almost 3 months until it drop backs to 0.6 dollars and since then, have hardly find its way to a dollar but crypto masters made a prediction after studying TT coin that before the end runs out, TT coin will increase rapidly and make money for early investors.
10. Pi
Pi is a new crypto that came into existence this year 2021.They started by creating an ap which makes interested people register and earn Pi by just clicking a button in the app every 24 hours, that serves as an awareness of the crypto.
Though its not yet recognize in all countries including Nigeria but its being process and in few months now, it will be finalized. The rate of Pi is unstable and very difficult to know the actual price but it ranges from 0.1 dollar to 1 dollar.
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