Bitcoin is the gold of crypto, but which "penny" tokens do you like?

Bitcoin tends to dominate the news with its crazy pricing and the rabid buying sprees that have been spurred by recent speculations of million dollar bitcoins. But there is plenty of great "cheap" tokens that maybe just haven't hit the big time yet.

A few months ago, I started reading about Vertcoin, for example. At the time, it was priced around $1.00 USD - not quite in the "pennies" range, but pretty cheap compared to most of the bigger coins on the market. Since then, of course, it has rocketed in value based on excellent development progress. It was a great buy at the time, but not as great of a buy as it would have been about half a year earlier, when it was selling for a mere 3 cents a coin. Now that's a nice gain I'd like to be lucky enough to pick up!

I'm talking cheap, cheap coins here. Which coins have caught your eye? Cardano seems like it could be interesting, but has an absolutely massive circulation of 31 billion coins! It would be tough for that to really grow significantly in value with that kind of quantity of coins, I would think.

Ripple is another relatively cheap coin, and could stand to gain quite a bit of value with further adoption from banks. I'll be honest, though, I'm not sure about this one. I admit, that's totally a hunch and I could be completely wrong about the coin. Something about it just rubs me the wrong way. It seems to have a lot of great potential and could solve global payment issues for banks around the world. Let's hope it does well.

Civic is a little more expensive at about 40-50 cents a token but it has a strong company of developers behind it working with a ton of big companies, most recently announcing partnerships with Citibank and Amadeus travel. This could be a winner in the ID verification and protection business.

Siacoin has seen substantial growth in interest and could be a winner for most value gained over the next little while. The concept is interesting - protecting your data by decentralizing it so it isn't stored in any one vulnerable place. It's currently selling at a single cent USD, and is probably one of the better picks if you want to pick up a few thousand tokens on the cheap.

Stellarlumens has seen more attention in the last month or so. Focused on connecting people to banking in the developing world, it has a strong built-in use-case. It is steadily climbing in value, but is still a bargain, in my opinion, at around 9 cents USD.

These are just a few tokens that stand out to me at the moment. Of course, you might be just as well off putting your money into the big three: Bitcoin, Litecoin, and Ethereum. It would probably pay off too. But there is something fun about picking a winner when it is so small and insignificant and seeing it blow up in value.

Which are your favorite underdogs? Please leave your suggestions and reasons in the comments.

*By the way, this is not professional trading advice. Just my opinion!

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