- DigiToads (TOADS) offers an innovative approach to the NFT space and a promising investment opportunity.
- LDO is the native token of popular liquid staking platform Lido DAO.
- Meanwhile, Toncoin’s TON has the potential to benefit from the massive Telegram community and the social media giant’s involvement in The Open Network blockchain.
From decentralised finance (DeFi) to non-fungible tokens (NFTs), the crypto space is evolving rapidly.
While the more established coins like Bitcoin and Ethereum remain top assets for any portfolio, DigiToads (TOADS), Lido DAO (LDO), and Toncoin (TON) offer promising potential for growth and profitability.
Here is an outlook for the three altcoins and why they may be well-positioned to take advantage of the latest trends.
DigiToads sits on the top tier of the three altcoins that have the potential to soar in 2023. DigiToads is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC).
The project aims to provide its users with a fast, low-cost, and user-friendly trading experience while offering them unique benefits, such as liquidity provision incentives and staking rewards.
DigiToads also features a governance token (TOAD) that allows its holders to participate in the decision-making process of the platform and earn rewards for doing so.
A big highlight of DigiToads is its presale. The presale of DigiToads is up and going in full swing. 86% of the total TOADS token has already been sold, and we still have time till the end date.
This presale offers a chance to buy into an exciting new project.
Lido DAO is another altcoin on many investors’ watchlists. Lido DAO, founded in December 2020, is a Decentralized Autonomous Organization that facilitates Ethereum liquid staking. The platform seeks to overcome the challenges associated with traditional staking by allowing users to stake their assets without locking them up for prolonged periods.
The LDO project has swiftly emerged as one of the best liquid staking tokens, attracting over $13 billion in staked assets in less than a year of its launch.
Additionally, the platform features a referral program that rewards users with LDO tokens for introducing others to stake on the platform. Lido DAO has implemented a safelist feature for its referral program, ensuring that incentives are only distributed to Lido DAO-approved partners.
The Open Network (TON) has its cryptocurrency, Toncoin (TON), and operates as a decentralized Layer-1 blockchain network. The project was initially developed by Telegram before it fully became a community-run platform following legal action by the SEC.
After a slow start, Toncoin has been experiencing significant activity lately, largely due to Telegram’s recent focus on creating a decentralized blockchain ecosystem.
As a result, Toncoin boasts one of the most extensive crypto communities, with a loyal and bullish following that believes in its potential. The community is committed to supporting the project and remains optimistic about its future success.
In 2023, several crypto exchanges and traders are rating TonCoin highly. So, holding this coin might be a great addition to your portfolio..
DigiToads (TOADS), Toncoin (TON) Lido DAO (LDO): Summary
DigiToads, Lido DAO, and Toncoin are three altcoins investors might want to look at and consider holding for 2023. DigiToads’ innovative approach to the NFT space, Lido DAO’s popular liquid staking platform, and Toncoin’s potential to benefit from Telegram’s involvement in decentralized blockchain ecosystems make them promising investments.
With these features and fundamentals, and the expected growth across the market, TOADS, LDO and TON stand out as among the top cryptocurrencies to invest in 2023.