Cryptocurrencies can be complex to understand, so it’s natural for people to stumble initially while trading crypto tokens. While you can research on the internet for any query you might have, an ideal strategy for beginners is to listen to what top market analysts are saying. As per current market trends, the top altcoin that has impressed both crypto users as well analysts is DigiToads. Built on the Ethereum network, DigiToads is a meme coin that also enables its users to participate in Web 3.0 games and staking. Given its utility, smart money addresses are favoring DigiToads along with other popular meme coins like Dogecoin.
DigiToads: A meme coin with a difference
DigiToads has all the utilities a beginner investor might need to learn about cryptocurrency trading. By combining the best use cases of different cryptocurrency models, DigiToads sports a hybrid model where users get to explore varying opportunities for earning passive income. It could be trading tokens, staking NFTs or participating in Web 3.0 games to win cryptocurrencies or simply earning them in giveaways, DigiToads has something for everyone.
Its native token is TOADS which is a versatile cryptocurrency and is used for purposes ranging from trading, playing games, entering competitions, or even participating in the governance of the platform. The token is currently available on presale and the DigiToads team has divided the presale process into 10 phases. The supply of the TOADS token has been fixed at 585 million.
One of the key reasons why DigiToads has made it to so many analysts’ lists of best new icos is its Web 3.0 game. In the game, players try to outdo each other in a swamp in the Metaverse. In their pursuit of the highest scores, the players buy or trade digital creatures called ‘DigiToads’ as their special abilities help players boost their chances of winning. If they want, players can also purchase food, potions, or training equipment for these DigiToads. A part of the sale proceeds from these items will be allocated for maintaining the prize pool. The move ensures that there are always ample funds to reward the winners. The team announces the winners after the month-long season draws to a close and the players bagging the top spot on the leaderboard are declared winners and get TOADS tokens as a prize.
Over time, the DigiToads community would be selecting organizations working for rainforest preservation that would receive donations from the team. The team will be setting aside 2.5% of the annual profits for these donations.
A new version of LD4 launched for mining Dogecoin tokens
Favored by meme coin users worldwide, Dogecoin is a top altcoin inspired by dog memes. Its native token is DOGE and it is the main crypto token on the network and was initially released as a fork of Litecoin. Over the years, Dogecoin has gained immense popularity especially after social media networks like Reddit and Twitter allowed their users to tip the creator of any content they liked on their portal with DOGE tokens. In recent news, BIT Mining Limited announced the rollout of a new version of its Dogecoin mining tool – LD4. The mining machine has been specifically designed for mining the DOGE tokens and offers benefits like energy efficiency and a peak hashrate. For mining Dogecoin, you have the option of either joining a mining pool or going solo.
What are analysts saying about DigiToads?
While both Dogecoin and DigiToads have their strengths, it is TOADS that is being preferred by many analysts because of its high growth potential. If you are wondering about what crypto should I buy now, you should check out some of the reviews about the various utilities of the TOADS token. Among the experts who have reviewed the project, many believe that it has the potential to cross the 20x mark in terms of returns.