Market slumps as bitcoin and ethereum prices continue falling, digitoads attracting new investors
At prevailing market conditions, top cryptocurrencies are struggling against a deluge of bear selling pressure. Crypto fans have been waiting for a recovery, but this could take some time. Presently, top cryptocurrencies like bitcoin (BTC) and ethereum (ETH) are still having a hard time reversing losses and retesting past all-time highs. While many experts remain optimistic about these coins’ prospects, it might take some time before the bull run of 2021 is replicated.
Nonetheless, there’s still money to be made for investors who choose quality tokens despite the current under-performance by BTC and ETH. Following a successful presale, investors can consider digitoads (TOADS) over BTC and ETH as they diversify their crypto portfolios.
TOADS is the primary token behind the comprehensive DigiToads ecosystem that users can enjoy and profit from. The token is already competing with mainstream meme coins like dogecoin (DOGE) and shiba inu (SHIB). DigiToads aims to eventually dominate the play-to-earn space as it spices the sphere with innovative features and reward systems.
At spot rates, investors can consider investing in TOADS and further exploring DigiToads’ solutions. Presently, there are discounts being offered during ongoing presale. The TOADS presale is in phase 4, with a price of $0.02 per token, and the project has so far raised over $2m.
The presale price will rise to $0.55 per token on launching; a move that could translate to profits for early investors.
Bitcoin is the first and the most valuable cryptocurrency by market cap. While many experts still believe it has long-term price potential, bitcoin (BTC) trails the general performance of altcoins like TOADS. Some investors still think BTC is the best crypto for beginners because of how easy it is to buy. However, there could be other options with more upsides as capital pour into quality, high performing projects.
Ethereum is a choice ecosystem for projects launching various smart contracts-drive solutions. But after a slight rally, prices remain way lower than they were a year or so ago. Just like BTC, there could be other options like TOADS for investors looking for better short and medium-term gains.
Crypto assets are still pinned lower by bears of 2022. The spillover from the crypto winter is being felt but there are quality projects that investors can consider. The success of the digitoad’s on-going presale and its quest to disrupt the play-to-earn space can make it one of the top crypto projects investors can explore in 2023.
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