Investing in crypto markets is often about identifying sleeper projects with tremendous upside. There was a time when this was Bitcoin itself. Now, gems like DigiToads are sailing towards significant tailwinds and could be on the cusp of taking the markets by storm.
These gems have different qualities that make them unique value propositions. Heavy hitters like BTC and ETH don’t quite qualify as gems because they already have high name recognition. Here are a few projects, still flying below the radar but have more than enough to achieve greatness:
1. DigiToads (TOADS)
Memecoins are often one-dimensional and without serious structure to the coin. DigiToads seeks to change this perception by introducing utility to the memecoin space. Yes, a memecoin with a profound roadmap, utility, and a discernible strategy for sustainable growth.
These sound distant for people who know memecoins from famous names like Dogecoin and Shiba Inu. DigiToads taps into the meme hype of these projects but does not share their lack of utility. Accordingly, DigiToads seeks to become the memecoin king by proving its value over DOGE and Pepecoin.
Its utility comes from an innovative play-to-earn metaverse for users. Players nurture digital toads in a metaverse swamp to protect their habitat and hunt for flies. For their exploits, they earn TOADS tokens and also NFT collectibles in the game.
DigiToads is currently conducting a presale, which got off to an excellent start—raising over $4.4 million. This amount shows the high interest from investors, crypto whales, and regular crypto holders alike. DigiToads is gradually raising its token price through stages in the presale and is one of the hottest tokens to snap up before it goes to full launch.
2.Aave (AAVE)
The dawn of the enterprise blockchain era after Ethereum’s launch inspired developers globally to innovate. Aave is one of these resultant projects and thrived from its creation in 2017 with the overall growth of decentralized finance. The Aave protocol created a non-custodial platform for digital asset lenders and borrowers to interact transparently. It facilitates decentralized lending by liquidity providers who get AAVE tokens as rewards through interest paid by borrowers.
Crypto lending aims to remove some of the barriers to financing in traditional payment channels. Accordingly, it is one of the most promising DeFi tokens for crypto traders and users looking to get involved in a project of that nature.
3.Arbitrum (ARB)
Ethereum scaling solution, Arbirum, is another promising project for crypto enthusiasts in June. Scalability is a serious problem for the Ethereum blockchain, with users experiencing high gas fees and slow transactions. Arbitrum takes some processing load from the Ethereum mainnet (Layer 1) to its chain (Layer 2).
This project utilizes Optimistic Rollups technology. Optimistic Rollups help compress data on the layer-2 platform, consequently speeding up Ethereum transactions. The compressed batch of transactions is presumed valid unless proof of fraud is raised, hence the name Optimistic.
Therefore, by moving computation to a secondary blockchain and reducing transaction data size, Arbitrum helps speed up and lower the cost of transactions. The Ethereum blockchain still retains a record of the transactions like a public blockchain should but less of the computation work that has caused a serious load over the years. Additionally, developers can run decentralized applications on the Arbitrum blockchain to save on gas fees.
Arbitrum launched in 2018 and has become one of the most crucial Layer Two solutions. Arbitrum validators get rewards in the form of ARB tokens.
Conclusion
The above-listed crypto gems are a sample of the untapped potential in this market. As the entire industry looks to rebound, the likes of DigiToads will look to lead this resurgence and become market leaders. It will be fascinating to track the growth of this particular crypto gem and see whether or not DigiToads can not only be the best crypto to buy in June but the crypto gem of 2023.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
Investing in crypto markets is often about identifying sleeper projects with tremendous upside. There was a time when this was Bitcoin itself. Now, gems like DigiToads are sailing towards significant tailwinds and could be on the cusp of taking the markets by storm.
These gems have different qualities that make them unique value propositions. Heavy hitters like BTC and ETH don’t quite qualify as gems because they already have high name recognition. Here are a few projects, still flying below the radar but have more than enough to achieve greatness:
1. DigiToads (TOADS)
Memecoins are often one-dimensional and without serious structure to the coin. DigiToads seeks to change this perception by introducing utility to the memecoin space. Yes, a memecoin with a profound roadmap, utility, and a discernible strategy for sustainable growth.
These sound distant for people who know memecoins from famous names like Dogecoin and Shiba Inu. DigiToads taps into the meme hype of these projects but does not share their lack of utility. Accordingly, DigiToads seeks to become the memecoin king by proving its value over DOGE and Pepecoin.
Its utility comes from an innovative play-to-earn metaverse for users. Players nurture digital toads in a metaverse swamp to protect their habitat and hunt for flies. For their exploits, they earn TOADS tokens and also NFT collectibles in the game.
DigiToads is currently conducting a presale, which got off to an excellent start—raising over $4.4 million. This amount shows the high interest from investors, crypto whales, and regular crypto holders alike. DigiToads is gradually raising its token price through stages in the presale and is one of the hottest tokens to snap up before it goes to full launch.
2.Aave (AAVE)
The dawn of the enterprise blockchain era after Ethereum’s launch inspired developers globally to innovate. Aave is one of these resultant projects and thrived from its creation in 2017 with the overall growth of decentralized finance. The Aave protocol created a non-custodial platform for digital asset lenders and borrowers to interact transparently. It facilitates decentralized lending by liquidity providers who get AAVE tokens as rewards through interest paid by borrowers.
Crypto lending aims to remove some of the barriers to financing in traditional payment channels. Accordingly, it is one of the most promising DeFi tokens for crypto traders and users looking to get involved in a project of that nature.
3.Arbitrum (ARB)
Ethereum scaling solution, Arbirum, is another promising project for crypto enthusiasts in June. Scalability is a serious problem for the Ethereum blockchain, with users experiencing high gas fees and slow transactions. Arbitrum takes some processing load from the Ethereum mainnet (Layer 1) to its chain (Layer 2).
This project utilizes Optimistic Rollups technology. Optimistic Rollups help compress data on the layer-2 platform, consequently speeding up Ethereum transactions. The compressed batch of transactions is presumed valid unless proof of fraud is raised, hence the name Optimistic.
Therefore, by moving computation to a secondary blockchain and reducing transaction data size, Arbitrum helps speed up and lower the cost of transactions. The Ethereum blockchain still retains a record of the transactions like a public blockchain should but less of the computation work that has caused a serious load over the years. Additionally, developers can run decentralized applications on the Arbitrum blockchain to save on gas fees.
Arbitrum launched in 2018 and has become one of the most crucial Layer Two solutions. Arbitrum validators get rewards in the form of ARB tokens.
Conclusion
The above-listed crypto gems are a sample of the untapped potential in this market. As the entire industry looks to rebound, the likes of DigiToads will look to lead this resurgence and become market leaders. It will be fascinating to track the growth of this particular crypto gem and see whether or not DigiToads can not only be the best crypto to buy in June but the crypto gem of 2023.