Despite the multiple instances of regulatory action that hit the global cryptocurrency market last year, the market emerged stronger in 2023. Just five months into 2023 and the market has already smashed several crypto records. The optimism is also shared by many analysts claiming that the market is on the cusp of another bull rally. According to market experts, DigiToads, Polkadot, and NEAR Protocol are expected to be the rally’s frontrunners. Of the three, the surprise entry is DigiToads which has been commanding global attention with its unique hybrid design. The latest ico might be in its presale stage, but it has already raked in over $2.7 million in pre-launch funding.
Why DigiToads is a fantastic opportunityÂ
DigiToads is a popular meme coin built using a unique economic framework. The USP of the framework is that it’s a cross between a meme coin, a stake-to-earn platform, and a Web 3.0 game. This means that you can look forward to earning tokens by playing Web 3.0 games, staking assets, trading tokens, and entering giveaways with a single cryptocurrency. The platform has developed a native token called TOADS, which functions as both the network’s main utility and governance token and can be bought on presale. The cryptocurrency ico has been divided into a total of 10 stages.Â
DigiToads is among the most talked-about new alt coins because of its economical design and monthly trading competitions. In these competitions, the trader bringing in the highest trade volume in a month is rewarded with a Platinum Toad. These Platinum Toads make the trader eligible for remote access to the DigiToads treasury and a training session with the team to learn how to manage the fund. Once they hone their skills, these traders would be helping the DigiToads team to manage the treasury.Â
In the future, the team has announced its intentions to build a think tank where community members would be able to attend knowledge sessions on topics like cryptocurrencies. These sessions could be attended by anyone owning a minimum of three NFTs. The think tank would be called the TOADS School and would be instrumental in spreading awareness about the platform. In addition, the DigiToads team would be setting aside 2.5% of the project’s annual projects for donations that would go to an organization working to preserve rainforests and for replanting trees.Â
NEAR Protocol joins hands with Web 3.0 data company Xangle
A Layer 1 blockchain that is also a dependable beginner cryptocurrency, the NEAR Protocol’s claim to fame is its community-run cloud computing feature. With a community-run cloud storage facility, developers don’t have to deal with concerns like the low speed of transactions, lack of interoperability, and poor throughput while storing data. These benefits also in creating a conducive environment for deploying dApps. For instance, rather than cryptographic wallet addresses, NEAR Protocol leverages human-readable account names. Plus, it has built unique solutions to counter challenges while scaling dApps. The NEAR Protocol’s native token NEAR is the main cryptocurrency on the network. In a recent development, NEAR Protocol announced its partnership with Asian Web 3.0 data firm Xangle. Under the partnerships, Xangle would now offer analytics dashboards on the NEAR Protocol network.
Polkadot to be integrated with IBC standard
Polkadot is one of the top crypto to invest in mainly because of its popularity among the developer community. The open-source platform leverages a sharded multichain protocol called parachains. These parachains are interconnected networks of sovereign blockchains for transferring data and assets. The platform has rolled out a native token called DOT for facilitating all kinds of transactional purposes on its network. An important benefit of parachains is that it makes parallel processing of transactions possible. Not only are transactions finalized in real-time, but developers can experience seamless scaling of their projects. The platform recently hit the headlines after it announced its integration with the Inter-Blockchain Communication (IBC) protocol. With the move, Polkadot and its canary network Kusama will be connected via a cross-network bridge. The new product would be called Centauri and marks the first time that the IBC has gone live outside its parent blockchain Cosmos.
Is DigiToads a top crypto to invest in? Hear what analysts have to say
While NEAR Protocol and Polkadot have been popular alt coins in the market for quite some time, DigiToads has been a new entrant to the market that has both crypto users and analysts excited. The meme coin has been getting rave reviews for its hybrid economic framework which is also raising the bar for future crypto projects. Over time, analysts feel that the TOADS token would be surging ahead and it’s only a matter of time before it crosses the 10x mark.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
Subscribe to our daily newsletter!
No spam, no lies, only insights. You can unsubscribe at any time.