Flow and Tezos were among the most popular currencies, with a good market volume and demand. Flow (FLOW) and Tezos (XTZ) have recently been in trouble because of changing trends.
Investors are now looking for better and less volatile options, and FLOW or XTZ aren’t fulfilling these requirements. FLOW crypto hit a low of $0.09 a few months back, questioning its long-term stability in the industry.
DigiToads (TOADS): The Answer to Your Next Crypto Investment
Digitoads (TOADS) is a meme coin and has become the go-to option for crypto investments. Professionals in the industry have long discussed the potential in the market. Although the coin is just in its initial stages, it has managed to captivate the market sentiment. Thanks to its amazing features, professionals are readily investing their hard-earned money in TOADS.
DigiToads is a ground-breaking utility meme coin improving its users’ lives by positively influencing them in many areas of life. The coin was first inspired by Toads and is packed with top-notch features and practical use cases.
If we look at the market trends, it has the potential to overtake all other projects by 2023. Some of the most common features offered by the coin include:
- TOAD NFT collecting
- Staking
- Peer-to-peer gaming
- Metaverse
- DAO Treasury
- And other services
TOADs holders will enjoy an engaging Web3 gaming setting, allowing them to compete against other users in the swamp arena. Players can earn real money by participating in an interesting and enjoyable game by receiving monthly incentives at the end of each season.
The DigiToads ecosystem also features an NFT staking system that ensures the community is consistently rewarded for staking its NFTs.
Circling Back to FLOW: A Brief Overview
FLOW became well-known as NBA’s Top crypto coin back in 2021. Over the years, it boosted with the acceptance of NFTs. The blockchain’s native token, however, hit a new record low amid a sharp fall in trading activity on the network. The following recent layoffs at its developer Dapper Labs have also contributed to major price loss, which was not previously available.
According to CoinGecko, Flow’s native cryptocurrency dropped to $0.89 early morning, setting a new low. Although it has slightly increased to over $0.90, Flow is still down 6% for the day, almost 14% for the past week, and about 26% for the past 30 days. This change could greatly transform the face of the cryptocurrency world.
The native cryptocurrency related to the Tezos blockchain is XTZ. The XTZ is a dedicated platform for smart contracts compared to Ethereum.
The Changing Market Trends
If we look at the market changes, a lot has changed since September 2021. XTZ’s price has decreased below the resistance line, questioning its long-term industry stability. The decline reached its lowest point in December 2022 with a price of $0.70. It was in December 2022 when it was $0.70, and it has struggled ever since.
Although the XTZ price has risen until February 2022, professionals are still skeptical. People within the industry are now moving to better, more reliable tools. However, the $1.30 caused which is selling pressure. This selling pressure was a sign of a long upper wick (red icon), shocking the whole industry.
Price Decline is Eminent
In conclusion, a further decline in the price of XTZ is the most likely prognosis. Although some analysts predict a price increase to $1.38—nothing is confirmed. All the positive scenarios would be ruled out by a close below the short-term ascending support line, which might result in a decline below $0.70. Investors are skidding away from FLOW and XTZ and transitioning to better alternatives.
Conclusion
As we have touched points on Flow and Tezos decline, DigiToads is on the rise and now is the time to get investing. To sweeten the deal with massive giveaways DigiToads has pledged to give 2.5% of the proceeds from sales to organizations dedicated to planting trees and protecting the rainforest, the habitat of numerous frogs and toads.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.
