Crypto News

Why DigiToads, Polygon, & GMX are top cryptos for investors in 2023?

The cryptocurrency market is once again presenting exciting investment opportunities after a deep sell-off in 2022, compounded by the collapse of some projects. Amid the bounce back, DigiToads (TOADS), Polygon (MATIC), and GMX are three projects that every crypto investor should consider adding to their portfolio.

DigiToads is an Ethereum blockchain project that aims to be one of the biggest meme tokens backed by proven utility around play-to-earn (P2E) gaming and NFT staking. The project has unveiled a Web 3 game that allows people to earn TOADS, the network’s native currency, by collecting and nurturing DigiToads. In addition to the game, DigiToads has a staking platform whereby 2% of every TOADS transaction is added into the pool to reward people who stake their tokens to enhance liquidity in the network. Furthermore, 50% of all funds raised from the sale of game items will be used to reward the top 25% of players on the leaderboard to incentivize the community, and 2.5% of all profits generated in the community will be used to support the environment by supporting charities committed to tree replanting and rainforest conservation.

Polygon, on the other hand, is a Layer 2 scaling solution that makes established blockchains like Ethereum work better. Its MATIC native token has outperformed this sector by 80% plus yearly gains due to the growing demand for Polygon as a scaling solution. The project enables fast processing speeds and low transaction fees, making it an ideal and secure scaling solution for any blockchain struggling with congestion issues.

Lastly, GMX is a high-flying decentralized exchange token that has already increased by more than 100%, outperforming the overall sector. As a swapping platform operating without intermediaries, it allows people to trade established coins like Bitcoin, Ethereum, Cardano, Solano, and other top cryptocurrencies with a leverage of up to 30X.

Investors can consider adding DigiToads, Polygon, and GMX to their portfolio to take advantage of these exciting investment opportunities.

Source link
#DigiToads #Polygon #GMX #top #cryptos #investors

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button