Cryptocurrencies over the years have become lucrative alternative investment assets. And whereas the crypto market was initially marginalized, many governments and companies are now onboarding crypto to better connect with this burgeoning market. Many ICOs have come up recently, further diversifying the already sizable sector and making investing challenging, particularly for beginners.
Like there is more than one way to skin a cat, different investment approaches could still get you higher ROI. Whereas some prefer established crypto for investment, others opt for promising projects. A promising project is a smart play if you want a higher ROI in the long term.
One such project is DigiToads, the meme coin with an eccentric presale. Already in stage 4 of the presale, the project has collected over $1.8 million, making it one of the most sought-after crypto today. DigiToads offers several utilities like play-to-earn gaming, NFT staking, NFTs and Platinum Toads. Having DigiToads and Monero could pay off big in 2023; here is why.
DigiToads (TOADS)
DigiToads has garnered significant momentum in the cryptocurrency world due to its deflationary approach, making it an attractive investment option for those seeking passive income. The deflationary approach means that every time a transaction occurs, a fraction of the fee is burned, and the rest is shared among the token holders.
It gradually diminishes the overall number of TOADS tokens in circulation, thereby boosting the value of the remaining ones. As a result, individuals with long-term investment plans are incentivized to hold onto their tokens. In contrast, short-term investments that could potentially have a detrimental effect on the token market are discouraged.
The team behind the project has set their sights on becoming the leading meme coin worldwide, and they have fostered a robust community around their cutting-edge platform. DigiToads has developed a fun and rewarding “Play to Earn” model that features advanced NFT staking capabilities, enabling users to engage in a swamp arena with their digital companions.
Platform users can build avatars, search for new toads, nurture them, and compete against each other in toad combat to win rewards within DigiToads’ unique web3 gaming platform. The company has also offered a $50,000 giveaway to incentivize investors further.
The project is also environmentally conscious and committed to donating 2.5% of profits to eco-friendly charities and initiatives. With a presale campaign already raising over $1.8 million, early investors stand to gain substantially, with the potential for significantly higher ROI than other projects.
Monero (XMR)
In the aftermath of the Optus data breach, Monero cryptocurrency gained attention as the hackers demanded a ransom of $1 million in Monero in exchange for not selling the stolen data. So why Monero? Monero uses cryptography to conceal users’ transactions and wallet addresses, unlike traditional cryptocurrencies, offering complete privacy.
Although this practice is relatively new and associated with criminal activity, it is available to all platform users. Like Bitcoin, the history of Monero remains partially unknown, both were born from small online projects.
The true identities of its creators remain concealed, though ‘Thankful_for_Today’ is often credited as the leading developer, although they no longer appear to oversee the network. In 2013, Nicolas van Saberhagen published the CryptoNote protocol, the foundation for various coins, including Bytecoin.
The official launch of BitMonero occurred in 2014, though its name was later shortened to ‘Monero,’ which means ‘coin’ in Esperanto, a constructed auxiliary language. In 2017, Monero underwent updates to enhance its confidentiality, transforming it into a prominent’ privacy coin.’
Conclusion
DigiToads is undoubtedly on a promising trajectory towards establishing itself as a trustworthy cryptocurrency, owing to its remarkable presale performance. This utility-based crypto has proven that it is more than just a meme coin and is expected to experience a further surge in value in the upcoming weeks. Its distinctive features, including play-to-earn gaming, NFT staking, and its charitable and environmentally conscious aspect, make it the best crypto to buy now. Becoming a DigiToads community member has several benefits, including earning passive income and positively impacting the environment.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
