What are the qualities that you look for in an ideal cryptocurrency for beginners? First and foremost, it should be user-friendly. You don’t want to spend hours thinking about every decision you take with it. Next, it should help the token holder become more confident in trading and staking. Among the cryptocurrencies launched recently, DigiToads is one crypto project that ticks off all the right boxes. It’s a meme coin that also operates as a play-to-earn portal. Powered by the Ethereum network, DigiToads has been garnering global attention with its next-generation features. Such is its popularity that even Decentraland and Enjin holders are switching over to DigiToads and exploring new DeFi opportunities.
DigiToads: New meme coin with play-to-earn and stake-to-earn features
DigiToads is a high-growth meme token that enables its users to take advantage of the multiple income-earning options that it offers. What makes it a good crypto to buy is the fact that apart from trading tokens, one can explore trading opportunities, participate in giveaways, win rewards, stake NFTs, and play Web 3.0 games.
The $TOADS is the main cryptocurrency of the DigiToads network and it is being offered on presale for interested buyers. While the team has wrapped the two stages successfully, it is currently busy with the fourth presale stage called ‘Lillypad 3’ and has seven more stages left before wrapping up the process. The team has decided to fix the total supply of the TOADS token at 585 million but only 46.5% of these tokens will be available for presale. The remaining token supply is for different uses like maintaining the liquidity pool, giving away prizes, and organizing competitions. An important factor about the token is that there is no vesting period. Till now, the crypto project has managed to raise around $1.29M till now.
During the presale stage, users can take advantage of attractive giveaways and prizes, some of which will be distributed daily and weekly. The team plans on giving away a grand prize of $50,000. The cryptocurrency for beginners will also be releasing giveaways in batches of $5,000, $2,000, and $1,000, which would be collectively worth around $100,000. One can participate in these giveaways by either acquiring the TOADS token or by reaching out to the DigiTOADSs team on social media. Even if you hold tokens, you will still be eligible for monthly rewards which are airdropped to the users’ respective accounts. No wonder, analysts are considering it among the best crypto for beginners.
OCBC Bank announces new service on Decentraland
Decentraland is a decentralized virtual reality platform that leverages the power of the Ethereum network. On Decentraland, users can create virtual experiences like concerts, theme parks, casinos, and art galleries and then charge other users for accessing them. These experiences are built on virtual properties called ‘LAND’ – a non-fungible asset powered by Ethereum’s ERC-721 protocol. The platform has rolled out a native token called MANA which is used for transactional uses. Each LAND is further divided into multiple units of 16mx16m parcels. Community members can buy parcels using MANA tokens and own them permanently. Singapore-based OCBC Bank recently announced that metaverse users would now be able to access its services and even get a credit card on Decentraland. The new feature will be called ‘OCBCx65Chulia’ and it takes after the bank’s official address on Singapore’s Chulia Street.
Here’s why Enjin may stay in the bearish zone
Enjin initially started as a gaming community platform and was developed into a blockchain-based asset after the rollout of the ENJ token, which is now the main cryptocurrency on the Enjin network. It has been built as a decentralized platform for facilitating NFT trading on the Efinity network. Users get to leverage their trading skills to explore rare NFTs that are based on gaming items, art, and collectibles from famous brands, among other options. The platform generates new ENJ tokens when a user is rewarded with tokenized assets while participating in games. Based on the negative price action that the ENJ token has seen recently, analysts feel that it may stay in bearish territory for now.
Here’s why analysts are excited by DigiToads
While Enjin and Decentraland are among the top crypto coins, they are no match for DigiToads, given its diverse utilities. Leveraging a decentralized governance structure, DigiToads ensures that its focus is always on community growth. As far as long-term growth goes, the TOADS token ensures that you get multiple opportunities to earn sustained passive income. Analysts suggest that the TOADS token has the potential to cross 50x in returns.
For More Information on DigiToads visit the website, join the presale or join the community for regular updates.
