Ethereum price just broke above $2,000, hitting the key level after the Shanghai upgrade that went live on Wednesday, 12 April.
While the top smart contracts blockchain network makes the highly anticipated move, two other coins to watch in the market are Stellar (XLM) and DigiToads (TOADS). Both XLM and TOADS are racing to reach the $1 milestone, with bulls hoping for a foothold that could push the tokens even higher.
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With investors eagerly watching the market, these three are among the best cryptos looking to continue with an upside momentum. This article offers an in-depth outlook at ETH, XLM and TOADS.
DigiToads (TOADS): The innovative utility token with P2E gaming and NFT staking
DigiToads (TOADS) stands out from other meme coins as it is more than just a token—it’s a utility token to impact society positively. By engaging in NFT staking, P2E gaming, and holding TOADS tokens, you can enjoy the best NFTs while experiencing thrilling prospects for growth and passive income.
DigiToads features an ERC20 token that players can earn and use within the game’s ecosystem. With this, players can purchase new DigiToads, upgrade their existing ones, and access exclusive features and rewards.
In the swamp arena, players can utilize the TOADS DeFi token to purchase food, potions, and training equipment to enhance the strength of their DigiToads. The top 25% of players on the leaderboard are rewarded with TOADS tokens after each season, offering players an opportunity to earn actual money as they partake in the game.
DigiToads offers some of the best NFTs on the market and rewards its TOADS holders for their loyalty by airdropping 10% of the accumulated funds to them monthly. Also notable is that 2% of every TOADS transaction is allocated to the staking pool to support its NFT staking program.
Ethereum (ETH): The driving force behind DeFi and the $2,000 milestone
Ethereum (ETH), which launched in 2015, has grown to become the leading altcoin. The Ethereum market cap is only second to Bitcoin.
One of the main strides the blockchain network has enabled the broader crypto industry to take is in enabling a thriving decentralized finance (DeFi) and non-fungible tokens (NFTs) ecosystem. After recent upgrades, Ethereum has cemented its appeal as one of the best cryptocurrencies to buy for portfolio diversification.
Ethereum price has traded under the $2,000 mark this April, and with the community upbeat about its future, its native token is expected to break and maintain fresh momentum above the $2k level incoming weeks.
What is expected to drive ETH price is the growing demand for decentralized applications (dApps) on the Ethereum network, as well as the popularity of ERC20 tokens.
Stellar (XLM): Revolutionizing cross-border transactions, targeting $1
Stellar (XLM) is a decentralized blockchain platform facilitating secure and quick cross-border transactions between different currencies. XLM is currently among the best cryptos because of its low-cost financial services available to all, irrespective of their financial status.
Stellar is considered one of the best ICO investments, with the price of XLM forecast to target the $1 mark by the end of 2023.
What makes Stellar unique is its consensus algorithm that uses the federated Byzantine agreement protocol to enable efficient transaction processing. As adoption rates increase, XLM could become one of the best cryptocurrencies to buy.
Ethereum and Stellar price outlook
Ethereum price traded at highs of $4,800 during the last bull market. As noted above, ETH is poised around the $2,000 mark, and fundamental strength for the world’s largest DeFi and NFTs network makes ETH a good portfolio asset for a long term bet.
Like ETH, Stellar (XLM) is eyeing new momentum. The XLM/USD pair is up more than 25% this past month and the blockchain network’s unique approach to sustainability has caught the attention of many investors.
Inflows into the ecosystem from investors looking for more eco-friendly altcoin options could see Stellar price target the all-time highs of $0.87 and then the psychological mark of $1.
Why TOADS – comparing DigiToads, Ethereum and Stellar
DigiToads’ DeFi token presale has captured significant attention, offering customers the chance to earn decent returns on their investment. The platform boasts many exciting features and a solid dedication to charitable causes.
After listing on Uniswap, DigiToads will launch the TOADS-ETH LP on multiple DEXs, bringing farming rewards to holders. The roadmap also includes the launch of cross-chain and bridge functionality.
Currently, the DigiToads presale is gathering momentum, with the third stage being 97% sold out. As the TOADS price is expected to rise further, a chance to buy at current low prices can be an attractive investment opportunity.
The DigiToads website shows that the TOADS presale price at the current Lilypad 3 stage is $0.016. When this phase ends, the price will increase to $0.02, and continue rising at every stage of the presale.
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