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PENNY/USD: Convert Penny (PENNY) to United States Dollar (USD)

1 Penny equals $0.00 United States Dollar

Penny (PENNY) is not tradable on Coinbase.

Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 4:38 AM, July 4, 2024

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Overview

About Penny (PENNY)

Penny (PENNY) is a unique cryptocurrency that stands out with its distinctive frog-faced penny coin design. It's not just the design that sets Penny apart, but also its ambitious objective. Penny aims to be the first frog on Ethereum to reach a penny price per token, striving for a higher market cap. As of May 6th, 2023, there are 420,069,069 total tokens, with 411,838,559 tokens in the circulating supply.

Penny operates with a unique and innovative reward mechanism. Every time Penny achieves a new penny goal for the first time (price per token 0.01$, 0.02$, 0.03$, 0.04$...), the buyer who triggers this milestone is rewarded with 0.1% of the total supply from the Penny Team. This mechanism aims to encourage participation and engagement within the Penny community, fostering a sense of achievement and reward for its users.

Penny, with its unique reward mechanism, seeks to create a new dynamic in the cryptocurrency market. It aims to incentivize user participation and engagement, potentially making it an attractive option for those interested in the cryptocurrency space. The reward system could also stimulate more frequent transactions, contributing to the liquidity and dynamism of the market. However, it's important to note that the potential use cases for Penny are subject to market conditions and user adoption.

Penny was brought to life by a group of five friends who shared a common goal: to make memes great again. These individuals brought their extensive experience with cryptocurrency projects to the table, creating a unique and engaging cryptocurrency. The Penny project is a testament to their shared vision and commitment to bringing a fresh perspective to the cryptocurrency landscape.

How Penny (PENNY) and United States Dollar (USD) differ

Penny (PENNY) and the US Dollar (USD) are two distinct forms of currency, each with their own unique characteristics. Penny is a unique cryptocurrency, recognized by its distinctive frog-faced penny coin design, and aims to be the first frog on Ethereum to reach a penny price per token. It operates with an innovative reward mechanism, where the buyer who triggers a new penny goal for the first time is rewarded with 0.1% of the total supply from the Penny Team. This mechanism seeks to encourage participation and engagement within the Penny community. On the other hand, the US Dollar is a traditional fiat currency, backed by the US government, and is used as the standard unit of currency in international markets. Unlike Penny, the value of the US Dollar does not rely on a reward mechanism but is influenced by factors such as inflation, interest rates, and the economic health of the US. While Penny strives to create a new dynamic in the cryptocurrency market, the US Dollar remains a staple in the global economy.

Penny Markets

Penny is falling this week.

The current price of Penny is $0.00 per PENNY. With a circulating supply of 0 PENNY, it means that Penny has a total market cap of $0.00. The amount of Penny traded has fallen by $0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, $0.00 worth of PENNY has been traded.

Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

Not enough data

FAQ

How much is 1 Penny in USD?

Right now, we do not have enough price data to estimate how much 1 Penny is in USD. Check back again soon.

How can I buy 1 Penny on Coinbase?

Penny can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Penny.

What are assets similar to Penny that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Penny, including Ethereum, Tether, and BNB. For a more robust list of assets to explore, jump to the asset page dedicated to Penny.

Conversion tables

The exchange rate of Penny is decreasing.

The current value of 1 PENNY is $0.00 USD. In other words, to buy 5 Penny, it would cost you $0.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 PENNY while $50.00 USD would convert to 50.00 PENNY, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by NaN%. Meanwhile, in the last 24 hours, the rate has changed by NaN%, and that the the highest exchange rate of 1 PENNY to United States Dollar was 0 USD and the lowest 24 hour value was 1 PENNY for Infinity USD. This time last month, the value of 1 PENNY was $0.00 USD, which is a 0% decrease from where it is now. Looking back a year, Penny has changed by $0.00 USD.

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