The year 2023 has brought along a lot of good news for the meme coin sector. From innovative projects to impressive massive performances and rallying prices to new partnerships, a lot is happening in the sector. For instance, Mastercard recently announced that it would be partnering with Solana and a couple of other cryptocurrencies to develop the Mastercard Crypto Credential. The flagship technology will aim to boost public confidence in cryptocurrencies via common standards for facilitating secure transactions on blockchains. The news has put the focus on dependable meme tokens like DigiToads which has been hitting the headlines with record-breaking presale funding and hybrid economic design.
DigiToads: Acing the race to become the top altcoin of 2023
Considered to be among the best new icos launched this year, DigiToads is powered by the Ethereum network and its native token TOADS is the primary cryptocurrency on the network. The reason why so many analysts have been talking about its meme coin is because of its economic design that leverages features of multiple cryptocurrencies. DigiToads is a meme token that can also function as stake-to-earn and play-to-earn platforms. With DigiToads, you can stake NFTs, trade tokens, play Web 3.0 games, or even bag prizes for holding tokens. The platform will also be organizing giveaways regularly to encourage its community members to participate actively on the platform.
The TOADS token will have a stock of 585 million coins. Powered by the ERC-20 protocol, the TOADS token has a deflationary model. The model’s key advantage is that it keeps price fluctuations away by ensuring that the token supply is always lower than the demand. To make the tokens scarce, the team schedules regular ‘token burning’ events. At the same time, the token’s versatility makes it an ideal option to learn cryptocurrency trading for beginners.
The platform has an interactive Web 3.0 game where players would be able to participate in it and win crypto tokens as a prize. The game pits players against each other in a Metaverse swamp. Using their wits and help from a breed of digital beings called ‘DigiToads’, players try to achieve the highest score and those bagging the top positions on the leaderboard at the end of the season receive TOADS tokens as a reward.
In the future, the DigiToads team would be rolling out a think tank called ‘TOADS School’ and educate its community members about cryptocurrencies and the impact that the DigiToads ecosystem can drive. To attend sessions offered at the ‘TOADS School’, community members would have to buy at least three NFTs.
Solana starts accepting orders for Saga mobile phone
Solana is an open-source project that provides developers with cutting-edge Web 3.0 tools for building dApps and other kinds of DeFi tools. Rolled out in 2017 by the Solana Foundation, the platform has a native token called SOL which is the main crypto token of the network. What stands out about this top altcoin is that it leverages a hybrid consensus algorithm that combines the utility of the proof-of-work and the proof-of-stake protocols. The platform recently hit the headlines after it announced that its phone Saga is now ready to hit stores and has started accepting online orders for the phone. The platform will be shipping the mobile phone to multiple locations including the US, Australia, and the European Union.
Is Polygon heading toward a bearish phase?
Polygon is an open-source platform that provides Ethereum-friendly scaling tools. Its native token is MATIC which is used for staking and other transactional purposes on the network. The core component of the Layer 2 scaling solution is the Polygon SDK that can power several types of dApps. The high-end utility that comes with Polygon is the main reason why so many developers prefer it. One can deploy rollup chains, standalone chains, decentralized identities, and ZK rollup chains, among other kinds of DeFi tools with the network. Under the proof-of-stake consensus algorithm, MATIC token holders stake their coins to turn validators and secure the network. Despite its popularity, market analysts feel that the MATIC token is likely to stay in bearish phases in the near future.
DigiToads has emerged as one of the best new icos
If you are struggling to figure out what crypto should I buy, it’s time you listened to what analysts are saying. While both Solana and Polygon have proved their mettle in the crypto market, analysts feel that when it comes to long-term gains DigiToads wins the race. The platform’s hybrid model makes it easier for crypto users to explore and select an opportunity for earning residual income that suits their comfort level. Using their skills and the opportunity, they can go on to build a steady source of passive income. As far as future returns go, market experts have suggested that the TOADS token has the potential to earn king sized gains.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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.
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