The old saying “Old is Gold” fits well for Bitcoin. BTC is the oldest cryptocurrency in the world and remains the most traded token in the market. Bitcoin recently recorded an impressive price rally of 20%. What’s interesting is that the crypto trader who predicted this surge recently came out with yet another forecast — a 1200% growth in the DigiToads (TOADS) token. The Ethereum-based meme coin has been making strides with its nuanced model and cutting-edge features. Plus, its dynamic economic designs empower users with multiple options to earn passive income.
DigiToads: The one-stop-shop to learn cryptocurrency trading for beginners
DigiToads model combines the features of three cryptocurrencies – a stake-to-earn platform, a play-to-earn game, and a meme coin – to enable its users to access multiple opportunities for earning residual income. Its native token is TOADS and it’s the primary cryptocurrency of the network.
Rated as one of the best new icos of 2023, the TOADS token’s presale growth has been quite impressive so far. Priced at 0.047 USD per unit, the token’s presale process is in its ninth stage and has one more stage left.
The DigiToads team will be organizing a trading competition every month where community members interested in trading will have to prove their mettle. The winners of these competitions get to keep a portion of the profits as an incentive for expanding the treasury size. Plus, they also learn about managing the training under the tutelage of the DigiToads team. Once they become proficient at the job, they would be assisting the team in the task regularly. On winning, every participant is given a Platinum Toad which unlocks remote access to a part of the treasury for them. Head over to the DigiToads presale and get a chance to participate in its unique ecosystem.
Talking about DigiToads’ play-to-earn game, it’s the latest Web 3.0 game to hit the market and it has already garnered a sizable fan base. The game seasons are short — just one month long — so one gets multiple chances to participate in this game. Also, unlike other games where a single player is declared the winner, in this game the top 25% of the scorers are announced as winners and rewarded with TOADS tokens. What adds to the thrill of the game is the in-game assets like digital creatures called DigiToads which have unparalleled strength and unique powers. Players can buy or trade DigiToads and use their help to defeat the enemy.
The only challenge is that every DigiToad has a different set of powers, so a player doesn’t know if their DigiToad is any better than their competitors. To solve this problem, players can purchase training equipment, food, and potions for their DigiToad using their TOADS tokens.
DigiToads has an NFT staking pool which is maintained by diverting 2% of all TOADS transactions to this reserve. Users can buy these digital assets via the NFT marketplace and then stake them. The longer the staking duration, the higher the will be the rewards.
HSBC announces Bitcoin-based ETF trading
Bitcoin is a top altcoin that has a global user base comprising millions of crypto users. Its blockchain powers a wide array of decentralized infrastructure and dApps. Its native token BTC is the medium of exchange on the network. What’s more, is that it leverages the proof-of-work consensus algorithm. In a recent development, Hong Kong’s leading bank HSBC announced that it would be allowing its customers to explore new age options like Bitcon-based Exchange Traded Funds. HSBC clients would be able to invest in Bitcoin-based ETFs that are listed on the Hong Kong exchange.
Conclusion
If you are not able to decide what crypto should I buy, DigiToads and Bitcoin are among the best crypto projects that your money can get in today’s market. Their utility-dense models and next-generation features make them hard-to-ignore options. However, if it’s long-term gains that you are after, most analysts are likely to suggest you go with DigiToads because of its growth potential. The meme coin has a nuanced approach towards earning passive income where the users get more than one opportunity to choose from. As far as prospects go, analysts are predicting a good run for the TOADS token. Over the next few months, they feel that the token has the potential to surge by 30%.
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