The cryptocurrency market is a dynamic opportunity to explore. Be it the innovation, the features, or the impressive market rallies, you won’t be running out of things to be surprised with. If you look at the market’s current state, it seems to be in quite good spirits, especially after ending the first quarter of 2023 with a capitalization of $1.2 trillion. Plus, there are many top crypto coins to explore. For instance, DigiToads might have been launched just a few months ago, the meme coin has created a record with its presale funding. Even cryptocurrency analysts have been raving about its hybrid model and growth potential.
DigiToads: Driving impact with hybrid DeFi
DigiToads can be described as one of the best cryptocurrencies for beginners because of its hybrid economic design. The economic framework is powered by a crypto model that’s a mix of a stake-to-earn portal, a play-to-earn game, and a meme coin. Hence, one can trade tokens, stake NFTs, enter trading competitions, win weekly prizes and win rewards in Web 3.0 games on a single platform. Its native token is TOADS which is the medium of exchange on the network. Hence, all transactions are conducted in terms of the TOADS token.
Built with the ERC-20 protocol, the TOADS token’s versatility has been driving its popularity to new heights. Sample this, in just seven presale stages, the token has collected over $ 4.69 million in funding. Though there are just a few days left in the seventh stage but there are still three more presale stages left for you to get your hands on the TOADS token.
If you are wondering about how to explore the DigiToads platform, start with its play-to-earn game where you can bag TOADS tokens as a prize if you are among the Top 25 scorers of the season. Also, every season lasts for a month, so everyone gets ample chances to win. To get a crack at that winners’ list, players have to outdo their competitors in a virtual swamp that’s filled with challenges. They can buy or trade digital creatures called DigiToads to help them along these challenges as they have superior strength.
Another notable factor about these creatures is their special characteristics that vary. So, you don’t know what special characteristics your competitors’ DigiToad might have. What you can do to offset that advantage is buy food, potions, and training equipment for your DigiToad using TOADS tokens. The tokens collected from the sale of DigiToads or other in-game assets are used for funding the prize pool for the game season.
Nike NFTs to be launched on Polygon
Polygon is a decentralized platform where developers can access user-friendly tools for scaling Ethereum-based dApps and services. Its native token is MATIC and it is used for all kinds of transactional purposes on the network. These scaling tools make it a good crypto to buy because they can drive impact by helping developers build solutions for mass adoption. These solutions include optimistic rollups, ZK rollups, standalone chains, and app-specific chains. Polygon was recently in the news after it announced that it would be partnering with FIFA and EA Sports to launch Nike’s NFT series.
Dogecoin to continue with its bull run? Here’s why
Dogecoin is one of the earliest meme coins to be released across the world. Even years after its launch, it still finds a mention among the top crypto coins available in the market. The token is inspired by memes based on a Japanese dog breed and is favored by Shiba Inu users globally. Though its native token is DOGE, it has rolled out two other dog-themed cryptocurrencies – BONE and LEASH. Given its popularity and the positive price action that it saw recently, market analysts expect the DOGE token to continue to stay bullish for the time being.
Monero delisted by Binance in 4 countries
For those who are looking to explore a user-friendly and privacy-centric token, Monero is one of the best cryptos for beginners that you can find in today’s market. The cryptocurrency’s key USP is its secure and privacy-focused platform where all users are anonymous by default. The secret behind its high-end security framework is the use of cutting-edge technologies like stealth addresses, Ring CT (confidential transaction) signatures, and multi-signature authentication. Its native token is XMR and it’s used for all transactional uses on the network. In a recent development, Binance announced that it would be delisting privacy-centric cryptocurrencies like Monero in four European countries over local regulatory requirements.
Conclusion
The above-mentioned cryptocurrencies have become very popular by enabling more people to become confident at trading with their user-friendly interfaces. However, if you track what crypto analysts are saying, you will notice that many market experts are rooting for DigiToads. The key reason for DigiToads’ impressive reviews is its hybrid model that gives its users the freedom to hone their skills and build a steady source of passive income. Many analysts also suggest that the TOADS token has the potential to surge by 40x over the next few months.
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.
