New Meme Coin DigiToads (TOADS) Could Outshine Polygon (MATIC) and Cardano (ADA)

Crypto users tend to continuously search for top crypto coins and there’s bound to be a new market favorite every other day. Cardano and Polygon have been the top picks of experts for a long time mainly because of the cutting-edge technology that powers these networks. However, the rise of DigiToads has taken everyone by surprise. The Ethereum-based meme coin has been hitting the headlines with its next-generation economic model for quite some time now. Analysts feel that it has the potential to drive impact over the long term and can outperform popular altcoins like Polygon and Cardano.

DigiToads: The latest blockchain ico that everybody is talking about

DigiToads is a multi-functional decentralized asset where the average cryptocurrency user can explore a wide array of opportunities for earning passive income. You can choose between staking assets, trading tokens, winning trading competitions, bagging prizes, and earning crypto tokens in Web 3.0 games. By buying the platform’s native token TOADS one can start exploring these opportunities. The token is available on presale which is currently in its fifth stage known as ‘Lillypad 5’. Even though there are five more stages still left, the blockchain ico has already raised more than $2.2 million so far. Another USP of the token is that it’s a deflationary coin which means that its supply is adjusted at regular intervals to control price fluctuations. To regulate the supply, the DigiToads team burns the tokens and keeps their availability scarce.

Considered to be among the best altcoins to buy in today’s market, the DigiToads play-to-earn game combines an exciting storyline with a lucrative rewards plan that keeps users hooked. In the game, players will be seen competing against each other in a metaverse swamp. The players ending up with the highest scores will be rewarded with TOADS tokens. The players can take the help of a breed of digital creatures called DigiToads, who have special abilities. To equip their DigiToad with more power, players can use their TOADS tokens to purchase potions, food, and training equipment for them. The team would divert half of the sale proceeds toward the prize pool.

The DigiToads team’s plans for the future have a distinct community-centric focus. For instance, it plans on donating 2.5% of its annual profits to organizations that are trying to preserve rainforests across the world. Next, it has plans to launch a think tank where its users could attend sessions on cryptocurrencies while learning more about the DigiToads network.

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Cardano is expected to stay in the bullish zone

Cardano is a blockchain network built on evidence and research-based methodology for deploying dApps and other kinds of decentralized tools. The network is powered by the Ouroboros protocol which makes it highly scalable and secure. Its native token ADA is used for all kinds of transactional purposes. The protocol shields Cardano against security lapses or Sybil attacks by using new technologies like an extended UTXO model and multi-signature for validating transactions. Being built on the proof-of-stake consensus algorithm, the network is less energy-intensive and environment-friendly than many other popular blockchain networks. The open-source network has a policy of incentivizing users for their active participation. Users can bag crypto tokens either by operating a staking pool or by delegating their staking rights. In addition, ADA token holders can participate in the governance of the platform and vote on any proposals moved by community members. According to recent market trends, the ADA token has been displaying bullish activity and analysts have claimed that the token is likely to remain largely bullish over the next few months.

Phantom Web 3.0 wallet announces support for Polygon

Polygon is a blockchain network that offers developers a variety of tools for scaling Ethereum-compatible solutions. The network has rolled out its native token MATIC which is the main cryptocurrency on the network. There are several tools available on the platform that are made for specific purposes. For instance, if you are looking to deploy public blockchains, you can opt for Polygon PoS which ensures fast transactions with almost zero gas fees. For those interested in building app-specific blockchains, Polygon’s Supernets can be an ideal option. Developers can look forward to building interesting apps by leveraging the Polygon ecosystem as it is rapidly innovating and partnering with many blockchain ecosystems. In a recent development, self-custodial wallet Phantom announced that it would be simultaneously supporting Ethereum as well as Polygon tokens.

DigiToads should be on your list of altcoins to buy in 2023

Cardano and Polygon are dependable crypto projects that have been appreciated by the developer community. On the other hand, DigiToads might still be in its presale stage but it is already garnering great reviews from experts. Experts have lauded the meme coin’s economic framework which has the potential to drive financial inclusion and can even catalyze the DeFi market. As far as returns go, experts feel the TOADS token can be a good addition to the portfolio of those crypto users who are eyeing long-term gains. According to analysts, the token can potentially witness a rise of 30x in the coming months.

For more information on DigiToads visit the website, join the presale or join the community for regular updates.

Keywords: top crypto coins, blockchain ico, defi market, altcoins to buy