Digitoads attracts buyers as solana and litecoin remain under pressure
With new crypto projects launching every day, there’s a lot for users to explore and try out. The advantage of opening up to new options is that users diversify their portfolios. Currently in the presale phase, digitoads (TOAD) is an altcoin attracting interest from retailers.
DigiToads: A diverse platform
DigiToads has a hybrid economic model with several options where users can earn passive income. Users can start with staking tokens or non-fungible tokens (NFTs), participating in play-to-earn (P2E) games, winning rewards, and even participating in trading competitions. To make it possible, DigiToads has rolled out a native token called TOAD. With a total supply of 585m, the TOAD token is available for purchase via a 10-stage presale process. The project is currently in its third presale stage and is being heavily accumulated by early buyers.
A key reason why DigiToads is being considered is the plethora of rewards and giveaways that the platform is rolling out. Starting with a grand prize of $50,000, the DigiToads team plans to distribute daily and weekly prizes. Then, giveaways worth $100,000 will be rolled out in batches of $5,000, $2,000, and $1,000. The top altcoin also has a monthly rewards program for its token holders. These rewards are disbursed from a prize pool maintained by setting aside 10% of the platform’s annual profits.
Users can review DigiToads’ various features and strategies before choosing to buy their choice of crypto assets. For instance, the platform plans on opening a think tank called “Toad School” to educate its users about cryptocurrencies. It will also donate 2.5% of its annual profits to charitable organizations working to preserve rainforests.
Litecoin incorporates MimbleWimble
Litecoin combines technology and functionality. The digital payments platform enables users to make cross-border transactions cost-effectively and securely. Built on scrypt-based technology, Litecoin has a native token called LTC which is used for all transactional purposes. Over the years, Litecoin has created a niche with its ability to transact faster than many other popular platforms. According to recent estimates, the Litecoin network takes around 2.5 minutes on average to confirm a transaction. The total supply of litecoin (LTC) is also capped at 84m. The platform recently also announced that it would be fully incorporating the privacy-boosting protocol MimbleWimble.
Solana is for long-term accumulation by whales
Solana is a smart contracts platform that provides its users with cutting-edge tools to build powerful yet cost-friendly dapps. SOL, the native currency of the blockchain, is being considered by investors because it enables high-speed operations on the platform, permitting high scalability. SOL is used to service users’ transactional needs. With Solana, developers can look forward to building various decentralized projects like NFT marketplaces. Adding a traditional layer-2 solution to Solana allows users to enjoy added benefits like interoperability with other blockchains. Analysts expect the solana (SOL) to trade in a close range as it enters the accumulation zone.
A further look into DigiToads
Crypto beginners should know what suits their interests. With DigiToads, there are multiple opportunities to earn passive income. DigiToads has also been getting positive reviews from experts, a reason why the project’s prospects remain bullish. TOAD is a cryptocurrency combining a meme coin with a web3 gaming ecosystem.
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