Crypto enters a new paradigm of scalability, and DeFi companies, alongside developers, have been shipping serious infrastructure improvements. Layer two chains have massively scaled the Ethereum (ETH) base layer, and now the focus turns to layer three blockchains. These customizable rollups created from modular tech stacks promise the next era of scalability and global adoption.
Introducing the Polygon 2.0 upgrade has led to expectations of a price pump for Polygon (MATIC) and DigiToads (TOADS). Diving into both these projects reveals massively undervalued tokens with rich ecosystems. Could $MATIC and $TOADS become the best altcoins in the next cycle? The technological advancements and capital raises surrounding them certainly suggest yes. Here’s why.
DigiToads (TOADS) At the Heart of the Ethereum Ecosystem
DigiToads is a community-driven memecoin packed with utility residing at the heart of the Ethereum (ETH) ecosystem. The general return to an Ethereum (ETH) centric landscape driven by innovations such as Polygon 2.0 bodes incredibly well for TOADS and other new DeFi projects under the Ethereum (ETH) umbrella.
Value flowing to Ethereum (ETH) will naturally flow into the ecosystem, and TOADS’ flywheel design will ensure that its community members capture a large part of this value.
The protocol’s Platinum Toads initiative introduces active treasury management, gifting the best on-chain community traders remote control over the treasury and allowing them to trade it. DigiToads holds on-chain trading competitions every month, and ownership of the Platinum Toads will rotate, giving new traders a chance to grow the war chest. This community-obtained trading arm will ensure steady growth and broad DeFi exposure for all $TOADS holders.
The Toad Tax is another core value accrual mechanism found within The Swamp (the DigiToads ecosystem). This taxation system ensures capital gets directed around the ecosystem and benefits holders. It funds the burning strategy, which, with time, will make $TOADS scarce, and scarcity creates value.
Already raising over $6.1 million in its presale and benefitting from the pendulum swing towards Ethereum (ETH) dominance DigiToads positions itself to become one of the top DeFi projects and potentially even a market leader in the coming cycle.
Polygon (MATIC) The Rise of 2.0
Polygon (MATIC) has seen incredibly optimistic price predictions on the back of the Polygon 2.0 release, with forecasts estimating a range between $1.68 and $2.06 in 2024. But what is Polygon 2.0, and why is it bullish for $MATIC?
Polygon 2.0 brands itself as the internet’s value layer, allowing users to create, exchange, and program value. In practical terms, it will introduce a limitless number of zk-EVM chains with cross-chain interoperability giving users the experience of using a single chain.
Understandably investors have flipped bullish on $MATIC, and the second-order effect of increased activity means more demand for $ETH and bolstered valuations for everything within the Ethereum (ETH) ecosystem.
Closing Thoughts: The Return to an Ethereum-Centric Ecosystem
ERC20 coins look to be the largest net beneficiary of this movement. As the value of $ETH swells, driven by blockspace demand from all the rollup solutions, the value of the tokens housed within its ecosystem will similarly expand. DigiToads will be at the center of this expansionary phase, and at this moment, investors can take advantage of its presale to acquire $TOADS at a discount.
Currently, in its ninth presale stage with a price of just $0.047, investors still have the chance to purchase before the next stage when the price of $TOADS will leap to $0.05. And by launch on August 21st, $TOADS will trade at $0.055, marking a 450% increase for early participants. Join the community today and lock in early adopter gains before they leap away.
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