Penny cryptocurrencies have become increasingly popular in recent years as they offer investors the potential to make huge gains with a relatively small investment. While penny cryptos can be risky, there are some that stand out from the crowd and hold great promise for those who choose to invest in them. One of the best penny cryptocurrencies right now is Dogecoin (DOGE). Developed as a joke back in 2013, this meme-based cryptocurrency has since gained traction and respect within the crypto community due to its low transaction fees, high liquidity, and wide acceptance among merchants. With over $2 billion worth of DOGE coins currently circulating on exchanges, it’s no wonder why more and more people are turning to DOGE for their investments. In addition to Dogecoin being one of the most liquid tokens around, it also has an active development team that works hard on pushing updates designed to improve user experience and scalability. This makes DOGE a great choice for both short-term traders looking for quick profits or long term investors wanting consistent returns from their investments.