As 2023 unfolds, the cryptocurrency landscape continues to evolve, presenting new investment opportunities in the form of altcoins. While Bitcoin and Ethereum remain at the forefront of the market, astute investors look beyond the limelight to uncover the next potential breakthroughs. Today, we turn our attention to top crypto coins – Gmx (GMX), DigiToads (TOADS), and Quant (QNT) – that industry experts have identified as carrying significant growth potential.
DigiToads – The most credible crypto of 2023
If you’re exploring the DeFi market for an opportunity with promising growth potential, you may have already encountered DigiToads. This innovative blend of a meme coin and play-to-earn token has generated considerable hype, offering unparalleled utility and a unique reward structure.
Experts, encouraged by a well-executed presale and transparent roadmap, anticipate a tenfold increase in DigiToads’ value in the upcoming months.
What sets DigiToads apart is its emphasis on profitable NFT staking and play-to-earn gaming. In addition, the project demonstrates a commitment to sustainability, allocating 2.5% of all proceeds to support local and international environmental charities.
Furthermore, DigiToads plans to introduce an engaging web3 gaming platform. Users employing TOADS tokens can partake in an immersive game experience where they craft avatars, discover new toads, nurture them, and secure rewards by triumphing over other players in toad combat.
This fascinating gaming aspect, combined with the project’s other distinct features, positions DigiToads as a strong contender in the crypto market. Earliest TOADS holders have already witnessed their investments double. With six more stages of the price increase and intensive buying pressure, this DeFi coin proudly ranks among the top altcoins with the most potential.
GMX – DEX of the future
GMX, a decentralized exchange (DEX) known for its innovative dual-token model, utilizes both GLP—a basket of stablecoins and blue-chip assets—and the GMX token to facilitate spot and perpetual trading. Initially launched on the Binance Smart Chain as Gambit, GMX expanded to Avalanche and subsequently made its way to Arbitrum in August 2022.
This DEX allows users to engage in spot and perpetual listings while leveraging borrowed funds for trading or investment purposes. A standout feature of GMX is its low swapping fees and the ability to execute trades with no price impact. The platform operates through a multi-asset liquidity pool, which allows liquidity providers to earn fees from traders. These fees are generated from various activities, including swaps, leveraged trading, market making, and asset rebalancing.
Recently, GMX experienced a spike in fees driven by the growing demand for ARB and AVAX, which led to increased trading volumes on the platform. Consequently, the GMX altcoin has been performing well, trading at approximately $74 and maintaining a positive trajectory over the last few days.
Quant – smart contracts made easy
Established in 2018, Quant is a relatively recent addition to the cryptocurrency landscape. Designed as a Proof of Stake (PoS) open-source network, its primary objective is to enhance interoperability and streamline the execution of smart contracts. Quant operates as a value transfer protocol, integrating the advantages of both Ethereum and Bitcoin within a single chain.
One of the critical advancements Quant is working on involves simplifying connecting smart contracts with real-world applications and use cases. By bridging this gap, the platform aims to make blockchain technology more accessible and practical, increasing its appeal to a broader range of users and industries.
The ever-evolving world of cryptocurrencies offers many opportunities for investors beyond well-known giants like Bitcoin and Ethereum. Currently, DigiToads stands out as the only cryptocurrency with guaranteed price growth. Considering its affordable price point and significant room for expansion, TOADS may present the most lucrative option for investors seeking the highest potential gains in the upcoming months.