The crypto arena is an unstable ecosystem replete with volatility and uncertainty, as seen in the current struggles of Terra Classic (LUNC) and Hedera (HBAR). Still, the markets are primed to yield significant returns for DigiToads (TOADS) holders.
No doubt, March was a difficult month for millions of crypto investors around the world. A glance at the current state of affairs in cryptocurrency will tell that many crypto tokens are seeing red, and in the worst cases, like Hedera (HBAR), they are seeing red. Despite the widespread decline, coins like DigiToads (TOADS) are pushing even more robustly than ever.
DigiToads (TOADS) Set The Tone For Profits
The famous DeFi token, DigiToads (TOADS), is an innovative cryptocurrency that houses multiple perks and lucrative opportunities for investors looking for the next best thing to diversify their portfolios. With the combination of P2E qualities and a vast range of money-making ventures, from trading competitions to Web3 gaming, analysts are calling it the best cryptocurrency to buy in 2023.
The current crypto glut is unlike anything ever seen in years of crypto trading, and it’s not only Hedera (HBAR) and Terra Classic (LUNC) that are seeing decreases in value. Many high-profile altcoins are going through it too. Yet, DigiToads (TOADS) continues to grow in its presale, rallying from $0.001 to $0.016 per token.
With over 112 million tokens already sold and plans to go live by the end of the year, experts still predict that DigiToads (TOADS) will go on to enjoy the biggest launch of any crypto in 2023. ERC-20 tokens like TOADS have performed well in the first quarter, and TOADS continues to cement itself as the best cryptocurrency to buy in 2023.
DigiToads (TOADS) has long been touted as one altcoin to watch in Q2 of 2022. Buying the token early is a great strategy. Ultimately, DigiToad’s (TOADS) roadmap will stand the test of time, thus enabling it to stand firm in market volatility.
Hedera (HBAR) Needs More Adoption To Thrive
Hedera (HBAR) is a smart contracts platform known for its speed to market. The platform boasts a transaction speed higher than that of most ERC-20 tokens. Hedera (HBAR) also boasts low fees and low energy consumption. The key issue that has led to the consolidation in price is the need for more adoption, which would need to see big gains from here.
Hedera (HBAR) suffered in the current bear market, with its token dropping from $0.30 to $0.04 and now $0.06. This provides the potential for investment appreciation if the coin can return to previous highs. Hedera (HBAR) has partnered with big-name corporations like Boeing, Google, and IBM. Although HBAR could see some positive price action in the future, seeking tokens like DigiToads (TOADS) with high growth potential would be advantageous.
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Terra Classic (LUNC) Declines With Extreme Volatility
LUNC is Terra Classic’s native token used in mining. Users stake LUNC for transactions and blockchain validators in exchange for rewards from transaction costs. The Terra Classic (LUNC) price has become more erratic, and since the project first launched, there have been no significant price increases.
When the bulls ran out of steam, the bears drove Terra Classic (LUNC) prices to new lows. And recently, the Terraport hack, which drained the platform’s liquidity account of billions of Terra Classic (LUNC) tokens, saw the price fall more due to holders pulling their staked tokens out. The DeFi token is expected to decline further in the coming months.