There is a major influx of new cryptocurrencies in the market with the potential to outrun the existing giants. While Stellar (XLM) bridges the gap of centralized financial systems, Shiba Inu is a meme project with interesting utilities such as the upcoming metaverse space. A new project called DigiToads (TOADS) has created a buzz in the market with its remarkable presale performance. Built on the Ethereum network, TOADS offers numerous earning opportunities to its community through trading, staking, and participating in the Web3 games. Many crypto analysts and investors worldwide vouch for the potential of this project to rank as one of the best cryptocurrency ICO of the year.
DigiToads’ Potential to Become the Best Cryptocurrency ICO of 2023
DigiToads is a new altcoin to watch out for this year. Built on the Ethereum network, it adopts the hybrid (DeFi) model. The native cryptocurrency of DigiToads is TOADS. TOADS is a stake-to-earn and play-to-earn meme token powering the entire DigiToads ecosystem. With its remarkable presale performance, the project has raised a fund of over $6.9 million and its current token price is $0.05.
The platform has gained massive popularity, allowing its players to build a personal army of toads and strengthen it further by trading a unique creature called Digitoad. The players can use TOADS to purchase game assets within the network. The platform rewards its top 25 players with the TOADS token every week. The users can also boost their residual income through staking. The staking pool is replenished regularly with the 2% proceeds from every TOADS transaction.
As community lies at its heart, the team has taken the initiative to provide trading courses to its members holding three or more TOADS NFTs through the “TOADS School”. Additionally, to save the home of toads, 100% profit from selling its official merchandise will be allocated to the Amazon rainforest conservation. With its unique incentive structure and several utilities, DigiToads has quickly secured the position of the best cryptocurrency to invest in. Learn more about DigiToads’ innovative offerings and be among the early adopters by participating in their presale.
Stellar Soaring High in Demand with the Launch of its Smart Contract, Soroban
Stellar is a peer-to-peer decentralized platform built with the idea to connect the world’s financial system into a single network. The platform developed by the Stellar Development Foundation enables its user to send, create and trade digital representations of any form, be it money or cryptocurrencies by establishing a link between the bank, people, and payment processors. The network is powered by its native token, XLM or Lumens. XLM is an intermediary currency where the protocol converts the money into XLM, and then the XLM into the required currency and is also used to pay for all transaction fees. The Stellar network operates on the “Stellar Consensus Protocol (SCP)”. SCP allows a group of trustworthy nodes to validate transactions and blocks. The company recently launched its preview version of the smart contract, Soroban to provide a scalable and developer-friendly platform. To build an accessible ad democratic financial ecosystem, unlike the traditional centralized one Stellar ranks as one of the best altcoins to buy now.
Shiba Inu’s New L2 Solution, Shibarium Under Development
The Shiba Inu ecosystem’s main currency is SHIB which is an Ethereum-based meme token. Since its launch, the SHIB token has gained immense popularity as a community-driven currency accessible to millions globally. The Shiba Inu token is used for payments, either directly or through a third party. Shiba Inu has a community-owned rescue campaign for Shiba Inu dogs and a decentralized exchange under the name, ShibaSwap. The platform allows their community to trade SHIB to other currencies and also stake the token to earn rewards. The Shiba Inu ecosystem also has a layer two blockchain solution, Shibarium under development. It offers a more efficient transaction speed at a lower cost while focusing on burning the SHIB tokens. The platform gained massive interest after Vitalik Buterin burned over 90% of his SHIB tokens. This temporarily slumped its value but it soon gained the momentum of being one of the best cryptocurrencies to buy.
Conclusion
Looking to skyrocket your crypto portfolio? Look no further than these top 3 altcoins: Stellar, DigiToads, and Shiba Inu this summer as these coins have the potential to generate substantially high returns on the investment. However, one cannot overlook the unparalleled attention DigiToads has received in such a short span. This play-to-earn and stake-to-earn TOADS token has won the hearts of the gaming community with its exciting Web3 games. Backed by several utilities, Digitoads presents itself as the best cryptocurrency to buy now for long-term gains.
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