The global cryptocurrency market is estimated to grow at a mammoth rate over the next five years. The blockchain sector is only going to progress as technology evolves. To that end, DigiToads is a high-growth utility token that has been making a splash in the crypto market with a set of next-generation features. Along with MultiversX, the Ethereum-based project is among the best new icos that have been recently launched.
DigiToads: Discovering the dynamics of decentralized finance
DigiToads has been envisaged as a meme coin that enables its users to do more than just stake. You can participate in Web 3.0 games, trading competitions, giveaways, win rewards, and do much more with DigiToads. The simplest way to get started with the DigiToads platform is by acquiring its native token called TOADS. The crypto coin can be purchased on presale. The team will be generating a total of 585 million tokens and around 69.2% of them would be set aside for the presale process and community rewards. Users should know that the presale process has been divided into 10 stages and the process is currently in its fourth stage ‘Lillypad4’.
The top altcoin makes for a beginner-friendly crypto project as one can use any altcoin to purchase a TOADS token. Even when it comes to choosing a Web 3.0 wallet, users have three options – Metamask, Trust Wallet, and Moonpay. By setting aside a sizable portion of the token supply for presale and community rewards, the DigiToads team strives to protect users’ interests against rug-pull events. Moreover, there is no vesting period for these tokens, so you can access them right after purchasing them.
One of the key features of the DigiToads platform is its Web 3.0 game where players compete with each other in a virtual swamp arena. The game has a group of digital creatures called ‘DigiToads’. To gain an upper hand, players can also purchase food, training equipment, and potion for their DigiToads and pay for them using their TOADS tokens. At the end of the game season, players’ scores are calculated, and those with the most points bag TOADS tokens as the prize.
A rather distinct feature of this top altcoin is the giveaways and rewards that the DigiToads team plans to give away. Apart from weekly and daily prizes, users stand to win a grand prize of $50,000 during the presale. Plus, there would be prizes in batches of $1,000, $2,000, and $5,000. While TOADS token holders are free to enter these giveaways, others will have to contact the DigiToads team on Twitter, Telegram, or Discord.
The platform would be airdropping monthly rewards in the wallets of TOADS token holders. These rewards would be given out of a prize pool that would be maintained by setting aside 10% of DigiToads’ annual profits.
Another bear rally for MultiversX?
MultiversX has been designed as a blockchain protocol that facilitates high-speed transactions via sharding. It leverages several cutting-edge technologies like the Internet of Things, fintech, and DeFi to create a technology ecosystem for Web 3.0. What makes it great for cryptocurrency trading for beginners is its smart contracts platform which has the capacity to process 15,000 transactions every second at a cost that’s less than $0.01. Its native token is EGLD and is used for making all payments on the network. With the EGLD tokens, one can deploy dApps, protocols, and smart contracts on the MultiversX network. The EGLD Token has been on the receiving end of some negative price action which has been reflected in the market trends. In the short term, analysts suggest that EGLD Token may stay bearish in the near future.
Here’s what analysts have to say
If you are still deciding what crypto should I buy, you should check out what cryptocurrency analysts are saying about DigiToads. The meme token has received good reviews for not just its functionality and versatility that can help users build a dependable source of passive income. Many analysts also feel that TOADS can potentially outperform other popular options like MultiversX. They claim that DigiToads has the potential to earn 30x returns over time.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx