Bitcoin Price Prediction: BTC Surges Past $30,000 and DigiToads (TOADS) presale set to hit $6 million —Will the Rally Continue?
Leaving many new altcoins behind, Bitcoin has again proved its mettle with a new milestone — the BTC price recently surged past $30,000. Another token that had the cryptoverse in awe was DigiToads (TOADS) which crossed the $5.7-million mark in presale funding. The ERC-20 token has been designed as a meme coin with a difference. DigiToads’ economic design leverages the efficiency of hybrid DeFi. So, users get to explore multiple opportunities that can multiply their passive income. With the nuanced model, DogiToads has the potential to even transform the DeFi ecosystem.
DigiToads: The latest ico that has attracted many users
DigiToads’ key USP is that it is a three-in-one token where you get the utility of three cryptocurrencies on one platform. Its native token is TOADS and it’s used for various transactional use cases on the network. If you are interested, you can even buy the TOADS token on presale.
The cryptocurrency ico has so far managed to raise $5.74 million and sell 94.82% of the tokens that the team has reserved from the main supply for the presale stages.
DigiToads is among the top cryptos to invest in today. Take the example of its play-to-earn game which combines top-notch graphics with interesting gameplay and attractive rewards. What’s more, is that there is not just one winner at the end of the game. Rather, the top 25% of the scorers are declared winners and rewarded with TOADS tokens. Another great thing about the game is that its seasons are just a month-long, so players get multiple chances to participate.
To win the game, players have to defeat their competitors in a Metaverse swamp. For help, they can rope in a special kind of digital creature called DigiToad. These DigiToads have supreme strength and unique characteristics and they have to be bought with TOADS tokens. The only thing players need to be careful of is that each DigiToad will have a separate set of powers so there is no way of knowing how well off their competitors are.
As part of its future plans, the DigiToads team aims to open up an online think tank where community members would be able to find out all there is to know about cryptocurrencies via informative sessions. To attend these sessions, a community member must hold a minimum of three TOADS NFTs. The DigiToads team will also be rolling out a range of official merchandise. The proceeds from the sale of these items will be donated to a charity working for environmental conservation.
Bitcoin to enable its customers to explore Bitcoin’s Lightning Network
Bitcoin is among the top crypto to invest in and it was one of the first cryptocurrencies that the world saw. With the early-bird advantage, Bitcoin has been able to garner a loyal user base that spans across the world. Its native token is BTC and it’s used for various transactional uses on the network. The BTC network uses the proof-of-work algorithm for its consensus mechanism. What’s more, Bitcoin’s supply is always controlled by software and to generate new coins miners mine new tokens. These miners have the option of either operating solo or joining a mining pool.
Bitcoin was recently in the news again after Santander, Spain’s largest bank, announced that it would enable its customers and potential investors to learn about Bitcoin’s Lightning Network as part of its Digital Assets 101 series program. The Lightning Network is powered by the Bitcoin blockchain and facilitates fast and cost-effective BTC payments.
Conclusion
If you are looking for the best altcoins for 2023, DigiToads and Bitcoin are among the top contenders for the title. While Bitcoin has stunned everyone with its steady returns, DigiToads has taken everyone by surprise with its presale success and dynamic economic framework. But when it comes to growth potential, a lot of analysts feel that DigiToads’ hybrid DeFi model gives it an edge. With multiple options to earn residual incomes, DigiToads users can not only be financially empowered but also build a sustained stream of income. Plus, analysts also feel that the TOADS token has a long way to go. In the coming few months, analysts predict that the TOADS token can potentially grow by 40x.
Filed under: Bitcoin - @ July 1, 2023 10:05 am