Bitcoin has remained a major talking point for several investors however penny crypto coins have also seen exponential growth in the past year. With the premier digital asset already posting little in gains, investors are on the lookout for penny crypto coins for big profits to buy given their lower entry price. Validators are chosen using a random system ensuring that the protocol retains its decentralized nature. However, this has not stopped Cardano from snapping major partnership deals with top companies. The digital asset is trading at $1.214 and is down 9.74% on the daily chart. Looking to address the issues inherent in Bitcoin and Ethereum, Ripple uses a Federated Consensus Algorithm (FCA). This makes the cross-border payment protocol faster, cheaper, and greener. This will allow users to claim loot boxes, enabling them to access one of the 4 elemental NFTs from the partnership. However, the scalability solution is trading well above the 100-hour simple moving average (SMA) price of $1.84, pointing to long-term bullish potential. Algorand (ALGO)
Algorand is one of the best penny crypto coins for big profits going for a bargain at the moment. The likely impact of this blockchain solution has seen the Drone Racing League team up with Algorand to bring play-to-earn (P2E) sports games to the fledgling blockchain ecosystem.