Top Analysts Say Polkadot, DigiToads, and Filecoin are Poised to Lead Anticipated Bull Run

The global cryptocurrency market is headed for some happy times if leading analysts’ projections about the sector are anything to go by. According to market experts, Polkadot, DigiToads (TOADS), and Filecoin will lead the next bull run of the crypto market. The surprise package of this trio is DigiToads which was launched earlier this year.

DigiToads, powered by Ethereum, has gained popularity with its ability to provide multiple opportunities for earning passive income through its hybrid DeFi framework. It has emerged as one of the best altcoins to buy now because of its hyper-efficient smart contracts and robust security framework. DigiToads’ presale success is another reason it has been in the spotlight. The DigiToads team had planned on rolling out its native token for sale in a 10-stage presale process, of which nine are complete. So far, the crypto project has raised over $6.6 million in presale funding.

DigiToads: A deflationary cryptocurrency with versatile features

DigiToads has been designed as a state-of-the-art crypto project making waves with a nuanced model capable of driving financial inclusion. Crypto users can look forward to securing their future by exploring multiple opportunities for earning passive income. These opportunities include staking, trading tokens, winning tokens in exciting Web 3.0 games and competitions, and getting a chance to win daily prize draws. DigiToads’ native cryptocurrency, the TOADS token, will be used to distribute any won rewards or earned passive income. The token also comes in handy for all transactions on the network.

What makes the TOADS token a good crypto to buy is its anti-inflationary character that protects its holders from losing their returns to market volatility. This is done by keeping the supply always less than the demanded level. If the demand rises past the supply, the platform burns the additional tokens, making the token supply scarce again. The deflationary mechanism keeps price fluctuations minimal, and the token’s value also stays stable.

There are several upcoming projects that the DigiToads team is working on. To start with, DigiToads will roll out an official merchandise range to spread awareness about the platform among fans. The amount realized from the sale of these items will support the cause of environmental conservation. Another upcoming project the team is working on is an online think tank for various facilities for NFT owners. The platform will offer informative sessions for NFT owners on cryptocurrencies as one of its key facilities.

Beatport rolls out NFT marketplace on Polkadot

Polkadot is among the top crypto coins of 2023 and facilitates the transfer of data and assets with the help of a network of specialized chains called parachains. The sharded multi-chain protocol’s network of parachains facilitates seamless interoperability of blockchains. Its native cryptocurrency is the DOT token. Polkadot can effortlessly update its code architecture, provided its token holders are game. The platform recently hit the headlines after leading electronic music platform Beatport announced that it would be launching an NFT marketplace on the Polkadot network. 

Filecoin storage utilization rises to 7%

Filecoin is a leading crypto project that has won over developers with its cloud-based storage solutions for data and assets. Users availing of its services must pay a small fee for Filecoin’s native cryptocurrency, the FIL token. For its consensus algorithm, Filecoin leverages a combination of both proof-of-spacetime and proof-of-replication. The platform recently hit the headlines after a Messari report claimed that Filecoin’s storage utilization has shot past 7% in the second quarter of the year.

Conclusion

If you are looking for the best crypto investments in today’s market, an important parameter to factor in while making a decision is a token’s growth potential. In the past, Polkadot and Filecoin have proved their mettle with their market performance. However, they lag behind DigiToads in terms of potential for long-term growth. Analysts claim that DigiToads owes its growth potential, where users get to try out a wide array of options for earning passive income and can potentially build a steady source of earnings. Visit the TOADS presale to start accumulating this new cryptocurrency. After getting listed on mainstream exchanges, it can potentially provide handsome returns.

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