The foundation of the modern-day cryptocurrency industry was laid by many innovative cryptocurrency projects that are still highly valued by investors. These high-growth tokens have stood the test of time to deliver impressive market performance and stellar returns for their holders. In 2023, analysts feel that a shift in market trends is quite likely and options like DigiToads would become the top projects. Powered by Ethereum, DigiToads is a meme coin that enables its users to stake assets and earn crypto tokens as rewards by playing its Web 3.0 game. Along with Algorand and Quant, DigiToads is among the new altcoins that have received a lot of attention from global investors due to its state-of-the-art blockchain technology framework.
DigiToads: The latest ico everyone’s talking about
DigiToads is a hybrid platform that has been built by combining different features from various crypto models. Its native token is TOADS which comes in handy for dealing with various kinds of transactional purposes on the network. Interested users can buy it on presale. To ensure that everyone interested gets a chance to buy the token, the team has divided the process into 10 stages. With four stages complete, the project’s fifth presale stage ‘Lillypad 5’ is in full swing. The cryptocurrency ico has raised more than $2.21 million in presale funds.
If you are looking for a beginner cryptocurrency, DigiToads fits the bill perfectly. It sports a user-friendly interface that can be navigated with ease. Plus, you can explore multiple options to bolster your passive income which includes staking, trading, competitions, giveaways, and in-game rewards. Even if you are just a token holder, you can still earn rewards on DigiToads. The latest ico plans on distributing monthly rewards among token holders which will be airdropped into their wallets. To give out these rewards, the team would be setting up a separate pool by diverting a small share of the annual profits earned by the project.
What sets DigiToads apart from several new alt coins is its community-centric focus. Leveraging a decentralized system of governance, the team will be enabling its token holders to participate in the operations and decision-making process via voting rights. Users can vote for community proposals by using these voting rights. In addition, the team would be inviting skilled traders from the community and training them to help it manage the treasury fund. The move will enable traders to make decisions that are in tandem with the platform’s goals.
Algorand to partner with blockchain cloud company Seracle
Algorand is a blockchain-based platform that supports a wide array of dApps and systems with its tool. These tools are highly agile, user-friendly, and secure that can deploy effective dApps. The Algorand network was rolled out on the mainnet in 2019 with ALGO as its native token. The key reason why many developers like to work with Algorand is its speed and efficiency for processing transactions which is much higher than popular alternatives like Bitcoin. Being based on the proof-of-stake consensus mechanism, there’s no mining on the Algorand network which translates into a low gas fee and reduced energy consumption. In recent news, global blockchain cloud firm Seracle announced that it would be partnering with Algorand to ramp up its reach among Web 3.0 companies. Seracle is currently operational in India, the US, and Canada. Under the partnership, Seravle would be providing the node setup and APIs for Algorand which will help the blockchain network save on DevOps cost.
Quant token plunges following Bitrue hack
A top crypto to invest in today’s market, Quant is an interconnected ecosystem of decentralized tools and services that help financial institutions and enterprises improve business outcomes. Initially launched in 2018, the platform has released a native token called QNT. The backbone of the Quant ecosystem is Overledge – which is a distributed ledger technology that facilitates interoperability between blockchain networks. In short, the Quant network has been designed as an operating system that is powered by Overledger. Quant’s tools are highly adaptable and enable developers to perform tasks like generating tokens, moving them across chains, or adapting smart contracts to new use cases without any hassles. Despite the popularity of the QNT token, it has been witnessing negative price action primarily due to the hack in the Bitrue exchange. Earlier in April, Bitrue announced that the hackers were able to access its hot wallets and withdraw around $23 million in terms of many crypto tokens which include QNT. Analysts have predicted a downward trend for the token in the coming weeks.
Is DigiToads worth the hype? Here’s what analysts are saying
Many cryptocurrency analysts have given their stamp of approval to Algorand, Quant, and DigiToads. They expect these tokens to touch new heights in 2023. However, if we assess them from the point of view of long-term growth, most analysts would choose DigiToads. The meme token enables users to build a secure source of passive income that can withstand market volatility too.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.