As popular altcoins like Bitcoin and Litecoin experience a rapid sell-off, the void is being filled by a newly launched meme coin called DigiToads (TOADS) which is powered by a hybrid DeFi model. The Ethereum-based meme coin has been hitting the headlines with its unique framework that enables crypto users to secure their financial future by earning passive income through various ways. Plus, utility-centric features and a user-friendly interface allow users to explore the full potential of DeFi. In the recent past, DigiToads has emerged as a top altcoin, especially after its presale success. The crypto project is currently in its last presale phase and its cryptocurrency ico has collected over $6.7 million in funding so far.
DigiToads: Discover multiple ways to multiply your crypto gains
DigiToads is an upcoming platform where crypto users can look forward to building a fortune with passive earnings. The crypto project leverages hybrid DeFi which enables one to access the features of multiple cryptocurrencies on a single interface. Hence, you can stake NFTs, play Web 3.0 games to your heart’s content and win cryptocurrencies and even trade tokens. Additionally, you can also earn residual income by bagging rewards for active participation or holding tokens, entering prize draws, and participating in contests. It’s because of its innovative features that DigitOads has maintained its growth momentum despite the rollout of several new altcoins over the past few months. The TOADS token is used to power the network and process all transactions.
Users should also know that all TOADS token holders get special voting rights. These rights are meant to be used when a community member moves a proposal to seek changes in the protocol which they believe will improve its scope. By exercising their votes, token holders can express their views about the proposed changes.
Another factor that makes DigiToads an excellent crypto to purchase is its play-to-earn game. The game will keep you hooked with its exciting storyline that’s full of twists and challenges. The rules are simple: players have to compete in a Metaverse game and outperform their competitors. When the season ends, the highest scorers will be given TOADS tokens.
As players get further in the game, the challenges will also rise. To ensure that they can last long in the game, players can buy in-game assets like special digital creatures DigiToads. These creatures have unique powers which makes them an indispensable ally in a game. But there’s a problem. All DigiToads have different powers, so it might not always be easy to find out if a player’s rival has more powerful DigiToads. Having said that, players can solve this puzzle simply by purchasing training equipment, food, and potions for their DigiToads.
Will Bitcoin choose the bullish path? Here’s what analysts are saying
Bitcoin is a top crypto to invest in that was one of the earliest tokens to be rolled out across the world. Even decades after its launch, it remains one of the most demanded tokens. The Bitcoin blockchain has a native cryptocurrency called the BTC token and it’s used as a medium of exchange. These BTC tokens are created through a process called mining where miners earn rewards for their efforts. Also, the network is secured with the proof-of-work consensus protocol. Although it’s a popular token, Bitcoin has been witnessing some negative price action in the recent past. Judging by its past performance, market experts suggest that the BTC token is likely to stay bearish for the time being.
Is Litecoin heading for a bearish future?
Litecoin was designed as a spin-off of Bitcoin but over the past few years, it has carved a niche for itself by emerging as a leading provider of blockchain-based payment solutions. Its native coin is the LTC token and it’s used for making all kinds of payments on the Litecoin ecosystem. Though Litecoin has posted strong growth in the past, it has been witnessing some negative price action. Going by its performance and other market indicators, analysts claim that the LTC token will potentially stay in the bearish zone for some time.
Conclusion
If you are looking for the best altcoins for 2023, the three aforementioned crypto projects are dependable options to choose from. However, analysts believe that DigiToads has an upper hand over Litecoin and Bitcoin because of its hybrid DeFi model where users can multiply their passive earnings through multiple opportunities. These opportunities can also be leveraged to build a sustained source of income. Apart from its growth potential, there are other factors like its latest ico growth, security framework, and cutting-edge features that have boosted DigiToads’ popularity.
