Top 7 penny crypto to buy in January 2023

With the rise of cryptocurrency, many investors are looking for the best penny crypto to buy in January 2023. The market is volatile and unpredictable, so it’s essential to research and ensures that you invest in a reliable coin. This article will examine the top 7 penny cryptos to buy in January 2023. We will discuss their features, use cases, and growth potential. By the end of this article, you should have a better understanding of which coin is right for you and your investment goals.

What is BYDFI?

BitYard is a crypto exchange launched in 2019 and provides users with an array of advanced features such as margin accounts, derivatives trading, and low transaction fees. In addition, it promises to offer its customers a unique and secure trading experience by focusing on providing beyond-basics servicesBitYard is a trustworthy and secure cryptocurrency contract trading platform that offers a user-friendly interface to help you navigate easily.

≪Strong≫Top 7 Penny Crypto To Buy In January 2023≪/Strong≫

FightOut (FGHT)

FightOut is the perfect way to make your fitness dreams come true. The move2earn mechanics of this platform adds to the excitement as your hard work & dedication will be rewarded with points that can be redeemed for great rewards. Additionally, investors have a restricted window to purchase this asset, which has a minimal cost, and only 10% of the entire supply will be made available on exchanges.

Fight Out makes it easy to design your workout plan while providing tutorial videos showing you how to do the exercises correctly. This way, users can focus on their strengths and quickly progress.

During the presale, 90% of the tokens are available at a comparatively low rate. However, once these tokens are listed on exchanges, investors will quickly grab them up and drive their value. Therefore, it is unlikely that they will ever again be priced as low as they currently are.

IMPT (IMPT)

IMPT has become a popular choice among investors as it plans to employ blockchain technology to face one of humanity’s most significant issues, climate change. IMPT has taken the initiative to create a global score that quantifies the impact of people’s actions on the environment. This score intends to motivate individuals and businesses to take responsibility and actively help preserve our planet.

IMPT has recently completed the presale of tokens, raising $20 million. This platform strives to create a positive environmental impact by providing individuals & organizations with the ability to reduce their carbon footprint through carbon credits.

In the 2H timeframe, the price action of $IMPT/USDT is Consolidated inside the sideways region. We must wait for a successful breakout or breakdown to confirm its next direction.

Impt Price Analysis
IMPT Price Analysis

Tamadoge (TAMA)

Tamadoge is a unique platform that allows gamers to nurture their pet and explore the ever-expanding world of the metaverse, all within the same platform. In addition, players can also enjoy playing exciting arcade games and other features that will be available shortly.

Tamadoge is the official cryptocurrency of the Tamaverse, a game based on breeding and creating pets. Players can compete in monthly leaderboards to win rewards in TAMA. Battling with each other also helps them to earn points and advance up this leaderboard.

In the 1D timeframe, the price action of $TAMA/USDT has broken the falling wedge horizontal resistance zone. Currently, the price is retesting wedge. After a successful retest, it can go upward.

Tama Price Analysis
TAMA Price Analysis

RobotEra (TARO)

RobotEra is a metaverse gaming platform that utilizes TARO as its native cryptocurrency and integrates Non-Fungible Token (NFT) protocols and in-game earning methods. This allows users to earn rewards while playing games on the platform.

RobotEra is a gaming platform populated by NFT robots from the planet Taro. Players can gain rewards by trading their robotic possessions on the marketplace, with numerous other ways to increase earnings. It’s an exciting way to have fun while bringing in a profit. Presale for $TARO tokens is currently open, and you should grab your share before their prices rise. These tokens are required to access the metaverse.

In the 1W timeframe, the price action of $TARO/USDT broke the descending channel’s resistance trendline and bounced from the support zone. Hence, a further upward movement is expected from here.

Taro Price Analysis
TARO Price Analysis

Dash 2 Trade (D2T)

Dash 2 Trade is a comprehensive cryptocurrency analytics and social trading platform that helps you make well-informed trading decisions. In addition, it provides an intuitive interface, making the entire process easier and more efficient.

Dash 2 Trade provides a comprehensive range of features to help investors make quick and well-informed decisions. All the necessary information can be obtained from one place – from new listings to popular presales, from audit data to blockchain infoDash 2 Trade has recently listed itself on major crypto exchanges such as Gate.io, LBank, Changelly Pro, and Uniswap. 

In the 2H timeframe, the price action of $D2T/USDT consolidates inside the descending triangle. We must wait for a successful breakout or breakdown to confirm its next direction.

D2T Price Analysis
D2T Price Analysis

Calvaria (RIA) 

Calvaria, an exciting card game, will soon be accessible on both PCs & smartphones. It offers two different versions – free2play and play2 earn – which makes it a great choice for those who want to check out the game before investing.

Calvaria recently raised $2.63 million in a presale event, during which they only made 15% of their native token, RIA, available. Calvaria bridges both social and crypto worlds by offering its flagship game, Calvaria: Duels of Eternity. This game encourages cryptocurrency adoption and rewards players with attractive earning opportunities through cryptocurrencies & non-fungible tokens (NFTs).

Basic Attention Token (BAT)

The Basic Attention Token (BAT) is a cryptocurrency created on the Ethereum blockchain, used in combination with the Brave web browser to ensure that those who view online content are rewarded and contributors get the right compensation. In addition, it provides an effective system of distributing advertising money among advertisers, publishers, and readers.

Brave Browser’s BAT cryptocurrency has been gaining much traction since its introduction as a global private ad platform. It currently boasts an impressive 55 million monthly active users, 16 million daily active users, and 1.5 million verified creators receiving BAT tokens. Over the past few years, millions of cryptocurrency wallets have been created. Thousands of ad campaigns have been launched with renowned companies in various industries. Blockchain technology is becoming increasingly popular in the gaming sector as well.

Predictions for the Basic Attention Token (BAT) are positive, and investing in it could be profitable for individuals. The crypto market predicts that the BAT coin value may reach $0.58 by 2024.

In the 12H timeframe, the price action of $BAT/USDT is moving below the horizontal resistance zone. If it breaks its resistance zone, it can go upward. On the other hand, if it breakdown its S/R zone, it can go downward.

Bat Price Analysis
BAT Price Analysis

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Closing Thoughts

The Crypto market is known for its volatile nature. According to the above analysis, the coins we discussed might prove to be profitable if other market conditions prevail favorably. We suggest you engage in adequate research before investing in any digital assets.

Pratyaksh
Pratyaksh

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