A mania phase has descended upon crypto regarding capital and mental output. The starting pistol came from the institutional move into the space, and now investors race to accumulate ERC20 coins and other top altcoins before the inevitable arrival of TradFi money.
One interesting focus point has been Bitcoin hardforks soaring, driven by EDX markets and the expected arrival of capital into projects like Bitcoin Cash (BCH). DeFi natives have gone one step further and aggressively participated in the DigiToads (TOADS) presale, already up 370%!
Why Bitcoin Hardforks Have Begun Soaring
Charles Schwab and Fidelity came together to back a new crypto exchange solely for institutions called EDX Markets. The exchange will only feature four cryptos, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BTC).
The recent spike in Bitcoin Cash (BCH) can be attributed to retail investors buying up $BCH before institutions begin trading on this Bitcoin (BTC) hardfork. It is a smart move on behalf of retail and institutional investors looking to dump on TradFi entities that arrive late and have to accept early crypto holders- who can dump on TradFi- as unavoidable collateral damage to do business in the space.
Markets Look Forward
Markets constantly look forward. Everything has been priced in, so seasoned crypto investors look to the next target. TradFi giants announcing requests for a Bitcoin (BTC) Spot ETF means a good capital surge for $BTC.
But these traders analyze the next move. What comes after? Likely an Ethereum (ETH) Spot ETF. This means increased liquidity for Ethereum (ETH) and capital appreciation for the entire ecosystem. Hence the best cryptos to buy now are the top DeFi coins.
DigiToads (TOADS) Introducing DeFi 3.0
DigiToads undoubtedly presents one of the best altcoins on the market, and this flywheel prodigy pushes DeFi into the next era. The Swamp (the TOADS ecosystem) presents a self-sustaining ecosystem within a larger ecosystem, working in harmony internally and externally.
The Swamp includes a play-to-earn game, a native DEX, an educational platform, an NFT staking mechanism, an aggressive treasury management mechanic, and even a charity initiative supporting rainforest preservation.
All community members have to do is hold TOADS, and The Swamp takes care of the rest. Seasonal airdrops ensure everyone grows together, and the Toad Tax mandates a constantly decreasing supply of TOADS. This scarcity angle adds an excellent tailwind for long-term value appreciation as the supply dwindles.
The treasury management mechanic- Platinum Toads- awards the twelve most skilled on-chain traders, judged by monthly competitions, and remote control of a percentage of the treasury. These traders keep 10% of all profits they generate, a handsome financial incentive, and trade on behalf of the entire community.
DigiToads has an engrained asset management service, and few investors realize how powerful this will be for the protocol. Analysts clearly recognize the value proposition and have already forecasted an incredible 1,100% rally for $TOADS in the coming weeks.
The presale has nearly closed its ninth stage, and early participants are already 370% up. The tenth stage will be investors’ final chance to acquire undervalued $TOADS before the token launches on Uniswap and soars. TOADS has raised a healthy $5.7 million, showing that some investors already understand the value proposition.
Closing Thoughts: Investing Rewards Those Who Arrive Early
In TradFi, only accredited investors can participate early in the investment stage, and these institutional players reap all the early rewards. DeFi has changed this, and new ICOs present incredible opportunities for retail to enter projects at the same stage as venture capital.
DigiToads’ presale trajectory is excellent, and this up-and-coming star backs its valuation with plenty of utility for users. The flywheel design of TOADS will cause it to soar, and with long-term tailwinds, including an influx of capital into the Ethereum (ETH) ecosystem, it must be an exciting time to be an early TOADS holder!
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