##Top 7 Cryptocurrency to Invest in 2023
The global cryptocurrency user base has exhibited exponential growth in the past few years and many users have realized the importance of the financial impact of blockchain-based assets. With this demand for cryptocurrencies, the market has no shortage of options.
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Take the example of DigiToads, which has emerged as a much sought-after token despite being in the presale stage. Powered by Ethereum, DigiToads is a meme coin that derives its strength from its hybrid economic design, where you can explore multiple ways to earn passive income. The following list of tokens features seven of the hottest cryptocurrencies in 2023. These top crypto coins will not only help you maximize your gains but can also be used to diversify your cryptocurrency portfolio.
1. Here’s why DigiToads is the most versatile crypto token of 2023
It won’t be wrong to call Digitoads a revolutionary token that has catalyzed the meme coin sector with its unique model. By integrating stake-to-earn and play-to-earn components into its interface, the meme coin has enhanced its utility and expanded the scope of decentralized finance (DeFi). Hence, you can stake assets, swap a crypto token, play a Web 3.0 game to win tokens, earn monthly rewards, enter trading competitions and even participate in giveaways on a single platform. To access these opportunities, one must own DigiToads’ native token, TOADS. The ERC-20 token is available on presale and has attracted many buyers. The cryptocurrency ico will span across ten stages, of which four are complete. The fifth stage, Lillypad 5, is currently in progress.
The DigiToads team plans to ramp up the reach of the latest ico with prizes and giveaways. A mega prize worth $50,000 will be given away, apart from daily and weekly prizes. Another benefit of participating in the presale stages is that you can get a chance to win giveaways which the team would announce in groups of $1,000, $2,000, and $5,000. There are two ways to participate in these contests. The first one is by simply being a TOADS token holder. The second option is to contact the team on social media networks like Twitter, Telegram, and Discord and the team would be announcing the results on a weekly basis.
The beginner cryptocurrency also has a provision for monthly rewards for its token holders. These rewards will be airdropped into their wallets and will be distributed from a separate pool maintained by diverting a small portion of the annual profits.
You might be surprised that many market experts have been calling DigiToads one of the best cryptos for beginners. The main reason is its interactive Web 3.0 game, where you can compete against other players in a metaverse swamp and win tokens. Players also get to take the help of their digital companions ‘DigiToads’. With their unique abilities and strength, DigiToads can help you oust the enemy in no time. However, you would need to buy or trade them with TOADS tokens. The platform also sells potions, food, and training equipment for your DigiToads, which can be purchased with TOADS tokens. The sales from these products are also used for maintaining the prize pool.
In the coming months, the team has plans to open a think tank – called ‘TOADS School’ – where its community members would be able to attend knowledge sessions on cryptocurrencies and the potential of the DigiToads ecosystem. To gain entry, a community member would have to own a minimum of three TOADS NFTs
2. Sui: Driving change with an object-centric design
What makes Sui an ideal cryptocurrency for beginners is its interface which can be easily accessed by both individuals as well as developers. With the Layer 1 blockchain, users can deploy several dApps at an unparalleled speed while paying a fraction of the cost. Its native token is SUI and it is the primary cryptocurrency on the platform. A key benefit of using the platform is its object-centric design where the network considers objects as a unit of data storage instead of an account as is the case with other blockchains. These objects represent user-level assets that can be customized and programmed by developers. Each of these objects will have specific attributes like ownership. What’s more is that even though a smart contract deploys the object, it doesn’t store it. On Sui, objects are always stored on the blockchain. The network’s high-speed operations are largely due to parallel processing that paves the way for even simple transactions like asset transfers to be processed in real-time without sidelining security.
3. LimeWire: Fuelling global growth of content creators
LimeWire is a blockchain-based platform where content creators can make their content available to a global community of fans and earn revenue by turning their creations into digital assets. The platform has rolled out a native token called LMWR which is used for all kinds of transactions. Built with a focus on community-building and memberships, LimeWire is a platform designed while keeping in mind the needs of musicians, videographers, podcasters, graphic designers, and educators and helping them create a global community while doing what they love. Content creators can use LimeWire’s NFT technology to convert their creations into NFTs which can be bought, traded, and sold on the platform. Every time the NFT is transacted, the creators get a royalty. A key attraction of the platform is that content creators can even offer subscriptions to their users.
4. Finblox: A dynamic crypto exchange
Finblox is among the top crypto coins to have been rolled out in recent times. The decentralized network enables users to trade tokens, swap them and earn with prediction markets. All these activities are bankrolled by the platform’s native token FBX which is the medium of exchange on the network. By being an FBX token holder, users can look forward to earning an 8% annual percentage yield and airdropped community rewards. Plus, they can enjoy up to four free withdrawals in a month and cashback while using DestinyX. One of the key USPs of Finblox is the opportunity to earn with market prediction. Skilled traders can predict future outcomes using their knowledge and earn rewards if they get the answer right.
5. Tectum: Powering on-chain liquidity on Bitcoin-supported networks
What makes Tectum a good crypto to buy is its focus on boosting the transactional capacity of networks powered by leading chains like Bitcoin. Tectum is a nuanced blockchain technology that helps networks scale seamlessly to achieve high throughput. Its native token is TET which is the main crypto coin on the network. Its flagship technology is Softnote which paves the way for hassle-free integration of the Tectum network with Bitcoin-based platforms and facilitates on-chain liquidity transfers. Softnote’s overlay network functionality enables the network to process these transfers at a high speed and reduced cost. Being built on the proof-of-utility consensus algorithm, Tectum is an environment-friendly blockchain that doesn’t require extensive computational resources to function.
6. Magical Blocks: Exploring the potential of a GameFi algorithm
Magical Blocks is another Ethereum-based GameFi platform that has over time evolved into a top crypto to invest in. Developed by Zogi Labs, Magical Labs’s main attraction is its Web 3.0 game ‘Legends of Bezogia’, where users can test their skills, and complete new challenges to win crypto tokens and stake assets. The main cryptocurrency and medium of exchange in the Magical Blocks ecosystem is the MBLK token. Token holders can use them for minting consumable items, weapons, and armor that will be represented as NFTs. Plus, these tokens can guarantee their holders’ entry into PVP games. To spread awareness about its network, the Magical Blocks team has devised a five-tier referral programme where users can score rewards by referring their friends and family to the platform. These rewards will be in terms of not just the $MBLK token but also the $ZOGI and $USDT coins.
7. Radiant Capital: Changing the rules of on-chain asset ownership
Radiant Capital is among the top crypto coins where users can borrow assets across blockchain networks. On the other hand, lenders can stake assets into the liquidity pool and earn interest on them. Radiant Capital’s native token RDNT is used for all transactions, exchanges, and asset transfers. The platform has a distinctive feature called the RDNT lockers where token holders can keep their RDNT tokens locked in online vaults and then earn interest and revenue from flash loan fees. The locked tokens activate RDNT emissions for lending and borrowing activities. To ensure that its users’ assets and privacy are well secured, Radiant Capital has developed a robust framework. For instance, it uses BlockSec to ensure security throughout the lifecycle of a smart contract. Plus, these smart contracts have been audited by leading blockchain security company PeckShield. To detect security threats and respond to them in real-time, the team has roped in state-of-art smart contract monitoring software Open Zeppelin.
DigiToads is among the best new alt coins as per many experts
It doesn’t matter if you are an experienced trader or someone who’s looking for a cryptocurrency for beginners, these seven tokens are a one-stop solution to cater to all your needs. These cryptocurrencies are ideal options also if you have your eyes set on long-term gains. With their high growth potential, you can easily build a steady source of residual income. While these tokens are likely to be at the forefront of the next market rally, the one crypto project that has managed to woo both crypto users as well analysts is DigiToads. Its unique yet versatile hybrid economic design gets its brownies points from analysts who feel that framework is a game-changer for the DeFi market. Plus, its community-centric approach encourages users to participate more in a way that not only benefits them but also the platform. In the coming months, analysts feel that the TOADS token is likely to surge by 30x.
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