If getting your financial well-being back on track is one of your goals for 2023, you can explore cryptocurrencies for a hassle-free way to tick that off your to-do list. With an impressive market rally in the first quarter of the year, cryptocurrencies, especially mem coins, have set the pace for what analysts are expecting to be a blockbuster year for the sector. Meme tokens like Dogecoin and DigiToads have been blazing a trail in the crypto market with their stellar growth. While Dogecoin is an all-time favorite of many crypto users, DigiToads is a recently launched token that has surprised everyone with its phenomenal presale success.
DigiToads: How hybrid finance can boost your crypto gains
DigiToads is an Ethereum-powered mem token that is built by combining three different cryptocurrencies — a Web 3.0 game, a staking portal, and a meme coin. What makes it a good crypto to buy is that one can explore a multitude of options like staking, trading, playing Web 3.0 games to win crypto tokens, and entering giveaways and prize draws while using a single platform. The platform has rolled out a native token called TOADS which makes these opportunities just a few clicks away. It’s also used for any transaction use that one might encounter on the DigiToads network. It’s available on presale and such is the madness to buy the token that the project has raised over $4.65 million in seven presale stages. Analysts expect its remaining three stages to be equally successful.
Being counted as the best crypto for beginners available in the market today, DigiToads can also help amateur crypto users hone their skills with its monthly trading competitions. These competitions assess the trading skills of participants. The winners go on to learn all about treasury management from the DigiToads team. When they are trained sufficiently, they assist the team in the task daily. The winners also get to keep 10% of the winnings that they bring in for the platform as an incentive for expanding the treasury size.
The beginner cryptocurrency has been drawing a lot of users to its platform, all thanks to its exciting game where the winners get to walk home with TOADS tokens as a prize. To make it to the winners’ side, these players have to bag a spot among the top 25% of the scorers in a season, which lasts for a month. Talking about the game, there’s a lot to keep you hooked — from action to drama to exciting crypto rewards. Standing by your side like a loyal ally would be a breed of digital creatures called DigiToads. Players can trade or buy their DigiToads, who are known for their special traits and superior strength. As each DigiToads has different characteristics, you never know how the competitor’s DigiToad might affect your game. To fix that, you can buy food, potions, or equipment to train your DigiToad. Be it items like food, potions, or DigiToads themselves, all in-game assets will have to be bought using the TOADS tokens.
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Dogecoin: Leading the meme coin pack
Dogecoin is one of the top crypto coins that has maintained its hold over the market for years. It was launched a few years back to take off after the success of dog-themed meme coins and it’s today favored by Shiba Inu users across the world. Its native token is DOGE which is used for all kinds of transactional uses on the network. Dogecoin is inspired by memes based on a Japanese dog breed that is still viral on the internet and was at one point in time even supported by Tesla CEO Elon Musk. If you are looking for a cryptocurrency for beginners, which you trade, swap, or buy with ease, Dogecoin is a suitable candidate. It doesn’t hurt that its DOGE token is also one of the most profitable cryptocurrencies. The open-source crypto token leverages the Scrypt technology instead of a regular consensus protocol. With a block time of a minute and an unlimited supply, miners don’t have to follow any restrictions on the number of coins generated. In the recent past, the DOGE token has fetched impressive returns for its holders and is likely to continue its bull run, if market experts are to believed. Based on their assessment of data from crypto indicators, analysts suggest that the DOGE token will potentially stick to the bullish territory for now.
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Conclusion
If you aim to clock long-term gains and are looking for a cryptocurrency for beginners, then both Dogecoin and DigiToads are ideal options. However, if you track what analysts are saying about the two tokens, you will be surprised to see them rooting for DigiToads. Market experts believe that the TOADS token has a higher potential for growth because it gives its users the leeway to explore decentralized finance at their own pace and even build a steady source of passive income using the multiple opportunities that the platform offers. In the next few months, experts also believe that the TOADS token can potentially surge past 40x.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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Source: https://www.thecoinrepublic.com/2023/06/07/digitoad-emerges-as-the-rising-star-alongside-dogecoin-fueling-the-surge-in-meme-coin-trading-volume/