Every crypto user enters the market with a different aim. Be it monetary security, quick gains, the excitement of entering a new territory, or simply testing a new project. Regarding long-term growth, there are only a few altcoins to watch out for, as many of these projects fizzled out after making grand promises. To that end, DigiToads has been fast gaining popularity due to a dynamic economic model that can sustain long-term gains by letting the user choose from a variety of opportunities to earn passive income. If market trends are to be believed, even Algorand and Monero users are considering switching to DigiToads.
DigiToads: One platform with many opportunities
DigiToads is an Ethereum-based platform that allows users to enjoy the benefits associated with a meme coin and a Web 3.0 game. Its native token is TOADS, and it is used for all kinds of currency-based use cases on the network. The platform would be generating a total of 585 million TOADS tokens, but only 46.5% of them would be released for the 10-stage presale process.
The team has wrapped up two presale stages and is currently busy with the third one, ‘Lillypad 3’. Till now, the project has raised over $1.2m in presale funding. Apart from offering tokens on presale, the DigiToads team would be using the remaining tokens for community growth, funding giveaways, and awarding prizes and bonuses while shielding it against rug pulls. It has repeatedly made it to the cryptocurrency ICO list of top analysts because of its diverse use cases.
A key feature of the DigiToads platform is the giveaways and prizes it announces frequently. Just by participating on the platform and holding tokens, users can enhance their passive earnings and build a better future. During the presale stage, the DigiToads team would be announcing giveaways collectively worth $1,00,000, which would be disbursed in tranches of $5,000, $2,000, and $1,000. There will be a grand prize of $50,000, apart from weekly and daily prizes. All that users have to do is actively participate on the platform or acquire the TOADS token. If you don’t own the tokens, you can start by contacting the team on social media networks like Telegram, Twitter, and Discord. But here’s a little extra incentive to hold the TOADS token: all token holders are eligible for monthly rewards given away from a prize pool maintained by contributing 10% of the platform’s annual profits. These rewards are airdropped to the users’ accounts.
Analysts feel Monero may undergo another round of consolidation
Monero is a privacy-centric crypto project wherein users can look forward to transacting digital assets with enhanced security. Its native token in XMR helps one meet all transactional obligations on the network. Monero is known for its state-of-the-art technological framework that leverages technologies like multi-signature, RingCT, and stealth addresses. Also, as all details are anonymous, users don’t have to worry about sending money to the wrong person. Analysts feel that the XMR token may experience another round of consolidation before beginning a bullish rally.
Algorand’s AlgoBharat to Boost Web 3.0 Adoption in India
Often considered among the best altcoins to watch out for, Algorand is a blockchain network focused on digital payments with the aim of solving common problems that lit crypto adoption. The open-source platform uses the proof-of-stake consensus mechanism for securing the network. Its native token is ALGO which is among the most traded crypto tokens, and its supply has been fixed at 10 billion. Moreover, the token is also a utility token. So, if a developer builds a dApp, they would need to pay all fees on the network in terms of the ALGO tokens, especially to maintain minimum balances while storing data on the blockchain. It recently made waves after it announced that it would launch ‘AlgoBharat’, a wing dedicated to India that aims to boost the Web 3.0 ecosystem of the country.
The final verdict: Is DigiToads worth the hype?
Among the cryptocurrency analysts who have reviewed DigiToads, many have lauded its community-centric approach and feel that its economic model gives it an upper hand over popular options like Algorand and Monero. Analysts feel that the TOADS token is a good option to consider for long-term growth as it can potentially cross even 50x in terms of returns.
For More Information on DigiToads, visit the website, join the presale or join the community for regular updates.
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