Cryptocurrencies have been one of the most important developments of the 21st century. Besides reshaping global finance for all times, they have helped transform the fortunes of early adopters and provided them exceptional returns that were simply not possible with any other asset class.
However, the process can feel very overwhelming as beginners can feel they have missed the boat on once-in-a-lifetime opportunities such as Bitcoin while others feel overwhelmed keeping track of the hundreds of new projects that get launched every month.
In this guide, learn about the top 8 promising tokens to buy in 2023. The tokens will be listed in detail in the subsequent section below for cryptocurrency for beginners.
- DigiToads
- Axie InfinityBNB
- Dogecoin
- The Sandbox
- Chiliz
- Monero
- Solana
With a highly spirited online community believing in the meme currency’s growth, the animated toad meme token is one of the hottest coins to watch out for in 2023. Instead of just being something people get amused by, DigiToads is a full utility meme coin that is uniquely positioned to leave a lasting impact on different facets of both a person’s life and the community they deeply cherish.
The high-growth token offers its holders the opportunity to earn a residual income through P2E gaming, NFT staking, and just by being a believer of the TOAD tokens. Other features of the platform include it having its own Metaverse “The Swamp” and TOAD NFT Collection. The project has been audited by Coinsult and is 100% secure to provide greater peace of mind for the investors. To make the project successful, 5% of the TOADS token will be allocated to a separate marketing wallet to help attract traders and investors from across the planet.
NFT staking
Every 2% of every TOADS transaction that occurs is added to the staking pool, which ensures there is always a pool available to reward the DigiToads community members.
Deflationary token
The DigiToads tokenomics is designed so that 2% of the buy and sell tax is used to burn TOADS. The constant buyback and burning results in a diminished supply of TOADS which together with high demand increases the token price.
P2E gaming
Players in the game purchase the TOADS tokens to purchase potions, food, and training equipment for their DigiToads. These things help improve the strength, size, and ability of their Digitoads to learn new abilities and get an advantage on the battlefield.
With the conclusion of each DigiToads season, 50% of the funds raised from the sale of items in the game gets distributed amongst the top 25% of the leaderboard. The TOADS tokens compensate the players for the time and energy they put in while playing the game. Moreover, 10% of funds raised get airdropped to TOADS holders for believing in the project. The prize pool will be replenished from the treasury fund regularly.
Monthly Trading Competitions
To make the project more sustainable monthly trading competitions are planned throughout the year. Winners get their hands on 12 Platinum Toads up for grabs and 10% of all trading profits as an incentive to boost the treasury amount. The platinum toad holders will also be granted 1/12th of the treasury fund. Moreover, for the benefit of the ecosystem, the toad leaders receive world-class training from the platform.
Helping the Environment
Besides, helping make community members richer, the DigiToads platform is also taking the fight against climate change. 2.5% of the profits generated from the DigiToads project will be given to charities that are working towards the preservation of the rainforest and those committed to the replanting of trees. This will help community members contribute to the future of humanity which is under threat from rampant greed resulting in 10,000 acres of the Amazon’s supply getting decimated every single day.
Tokenomics
The total supply of the TOADS has been capped at 585 million to ensure the token stays sustainable for the long term. 272.5 million of them have been earmarked for presale while 130.65 million will be used for injecting liquidity and ensuring community growth. A massive amount of 84.35 million has been set aside for prizes and competitions that will be held throughout the year. To ensure the ecosystem is robust, 43.5 million tokens will be used for the development of the infrastructure. While only 29.25 million is set aside for the team members executing the project.
Presale
The token has already raised more than $ 1.3 million with very little marketing effort. Early investors can get started on the action by investing in the TOAD token, which is currently available for a steal of 0.02 in the Lilypad4 stage and completed more than 96% of the target for the stage. The price will keep rising every couple of weeks. The great part of the currency is that DigiToads accepts all of the leading currencies including EGLD, SHIB, UNI, TRX, Sol, DOGE, BNB, BUSD, USDC, USDT, LTC, BCH, ETH, and BTC.
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Axie Infinity
Axie Infinity has been one of the shining examples of success in the P2E space. The NFT marketplace is already the third-leading behind dedicated NFT platforms LooksRare and OpenSea. With high revenue-generating potential, Axie Infinity is one of the most flourishing and enterprising P2E projects in the crypto space today and provides people with the best NFT to invest in.
The platform allows community members to build and boost teams containing amorphous 2D creatures (Axies), who battle against each other. As the victories start to rise, community members are rewarded with in-game tokens called Smooth Love Potion, which can be converted to both fiat and other tokens.
The platform became so popular and lucrative that in places like the Philippines some members altogether quit their boring 9-5 jobs and started to make a living through the platform. They ended up making millions in the process and getting out of the rat race for good.
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BNB
With Terra falling apart in 2022, crypto juggernaut Binance capitalized on the opportunity and leading the charge when it comes to the Defi space in 2023. Besides being the world’s leading cryptocurrency exchange, its BNB token is being used by investors in their portfolios to diversify their risk and to govern gas charges for operations occurring on the BNB Chain. The token has widespread acceptance with it facilitating transactions of the Dapps built on the BNB Chain. It also facilitates users in everyday usage for payment for airfare, hotels, and other commodities. With the dollar losing its charm more people are turning towards proven cryptocurrencies such as BNB to fight against rampant inflation and safeguard their wealth.
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Dogecoin
While the meme coin has always come center stage whenever billionaire Elon musks tweets about it, it does boast solid credentials by itself. Interest in the crypto token has risen again recently when the Twitter owner inexplicably changed the logo of the platform to that of dogecoin. Dogecoin is backed by a resilient, passionate, and large, community who are renowned for capitalizing on momentum to take the currency on a variety of highs and lows. The coin has surprised analysts who weren’t as optimistic about the future of the token throughout the nine years of its existence. The coin’s currently low in 2023 gives new investors plenty of opportunities to get in and catch another wave to the top.
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The Sandbox
While the Metaverse hasn’t gone according to plan for billionaire founder of Facebook Mark Zuckerberg, however, its crypto token The Sandbox has surprisingly proven to be quite promising thanks to its reliable play-to-earn mechanism. Users can easily transfer funds to and from the Sandbox ecosystem. With new corporate partnerships emerging along with celebrity endorsements as well as the launch of the new enhancements to the Sandbox environment and the new NFT collections, investors are betting that the Sandbox will finally become a major hit in 2023 and take its rightful place amongst host of well-known cryptocurrencies.
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Chiliz
One crypto platform that is leveraging the passion of sports fans around the world is Chiliz. The Malta-based Chiliz.net and Socios.com networks specialize in fan tokens and are run by their native ERC-20 cryptocurrency. With football royalty such as Manchester City, FC Barcelona, Paris Saint-German, AS Roma, and Juventus, all partnered with Chiliz, the cryptocurrency gives fans the chance to participate in everything from, the decisions affecting the way forward of these renowned clubs to the slogans scrawled on the captains’ armbands. It also has a gigantic partnership with the UFC under which the UFC fan token is already selling on Socios.com.
Chiliz plans to broaden its partnerships with gaming organizations and already has a partnership in place with OG (esports DOTA2), investors are bullish on the coin’s potential moving forward.
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Monero
With concerns over privacy rising again, there has been a resurgence in the demand for Monero, a cryptocurrency renowned for facilitating anonymous cryptocurrency transactions for nearly a decade. With innovative features such as ring signatures and the creation of a one-time address for each party, it makes tractions untraceable. Cryptocurrency enthusiasts are flocking to the currency as governments and corporations continue to encroach on the rights of individuals and collect data to fulfill their vested interests at the cost of crypto enthusiasts around the globe.
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Solana
With thousands of developers, creators, and artists already using Solana, the cryptocurrency is one of the most promising in 2023. It provides a super fast and scalable infrastructure which makes it perfect for mass adoption especially with the fast pace of digitalization that will happen with AI advancements. Its network is validated by thousands of nodes and has been designed to ensure the security of the data and help avoid censorship. This will help protect the creativity of artists that can fall a victim to government persecution. Moreover, its innovative proof of stake network reduces its impact on the environment and provides a net carbon footprint for crypto enthusiasts conscious about the environment.
Which crypto to buy today for the long term?
With such high long-term potential, the best cryptocurrency to invest in 2023 is the Digitoad token presale. With the next stage commencing in a few weeks, this gives investors a limited time only to get their slice of the pie before the project gets out of their reach. The coin has a robust mechanism in place as well as ease of access enabling the maximum liquidity possible. Its technology base with key players such as Meta Mask, Trust Wallet, Ethereum, Code Sniper, Coinsult, AWS, MoonPay, and UniSwap bid for the long-term survival of the TOAD well in the future.
People who invest in the Deflationary Token at an earlier stage stand to benefit the most from the token with returns of up to 450% or 5.5x return on investment. There is also a $50,000 Giveaway planned for people who invest in the project.
Investors looking for something a bit unique and want to experience short to long-term gain can check out their white paper on their website today.
For More Information on DigiToads visit the website, join the presale or join the community for regular updates.
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