Polygon Shrinks With Arbitrum, While TOADS 400% Gains Makes DigiToads The Most Promising Crypto Project

The layer two scaling factor closes in on 5X. That means layer two chains cumulatively execute nearly 500% more transactions than the Ethereum (ETH) mainnet. And competition grows increasingly fierce between these new chains as they fight for TVL (Total Value Locked) and economic activity.

Two broad camps have emerged: optimistic rollups like Arbitrum (ARB) and zero-knowledge rollups like Polygon (MATIC). DeFi companies have launched increasingly impressive modular tech stacks. As a result, new chains have become hot spots for developers and have drawn activity away from the frontrunners.

Polygon shrinks with Arbitrum. However, this has not stopped a nascent blockchain ICO, DigiToads (TOADS), from enjoying a blistering rally. And the 400% gains make DigiToads 2023's most promising crypto project.

DigiToads (TOADS): A multifaceted memecoin 

Early DigiToads investors have already seen gains of 400% thanks to the dynamic adjusting price model employed in the presale. The native token $TOADS can currently be bought at a discount for just $0.05, and all participants will enjoy a launch price of $0.055.

DigiToads has raised an impressive $6.7 million, breezing past other new ICOs, and the reason is simple. In crypto currently, there is far too much investment in infrastructure and not enough in applications. The TOADS platform provides a perfect crypto for beginners due to its holistic approach to earning.

Community members earn via the NFT Staking mechanism, which entitles all holders of a DigiToads NFT to payouts. The protocol directs 2% of all transactions to this pool allowing these owners to earn consistent $TOADS payouts. Toad-Cade, the play-to-earn game, offers another angle for investors to earn.

But the feature drawing investors and leading analysts to forecast the potential for the native token to 50X is the economic engine of The Swamp (the DigiToads ecosystem). Its unique taxation system, aggressive treasury management system, and burning campaign do the heavy lifting on the investors' behalf.

All $TOADS holders need to do is sit back and let the sophisticated smart contracts of The Swamp go to work as the value of their holdings skyrockets. A wealth creation tool wrapped in a deflationary token- $TOADS is certainly one of the altcoins to watch this cycle!

Polygon (MATIC) Faces Competition From Starknet

Polygon has a long history of scaling Ethereum from its Proof of Stake sidechain to its current zk-EVM deployment. The team has openly stated their vision to create Polygon 2.0, a value layer for the internet. And part of this process involves transforming the old Polygon sidechain into a zk-EVM validium.

The focus and advances made by Polygon on zero knowledge rollups are highly impressive, but the zk space has become crowded. Polygon battles with Starknet, zkSync, Linea, and numerous other competitors.

Network effects will decide the winner of the zk race. Judging from their price predictions forecasting a range between $1.15 and $1.37 for $MATIC in 2024, analysts still believe that Polygon is a contender.

Arbitrum (ARB) Battles with Optimism Narrative

Arbitrum remains the dominant scaling solution controlling over 50% of all the liquidity across the layer two ecosystems. But the rising strength of the Optimism (OP) narrative has several analysts forecasting a reversal. They cited the OP Stack and the fact that it had already been leveraged by Coinbase, ByBit, and even Worldcoin (WLD).

Price predictions remain bullish, forecasting a potential high of $2.85 for $ARB in 2024. Analysts stated Arbiturm holds immense latent potential due to the token not yet experiencing a bull run. Despite the growing trend toward Optimism, they believe the future will entail multiple chains and scaling solutions. 

Closing Thoughts: Infrastructure Looks Overcrowded 

Infrastructure plays look increasingly overcrowded, and the obvious trade is never profitable. Unique dApps that provide utility for end users, such as a streamlined DeFi earning journey like DigiToads, look to be the most profitable plays from an ROI stance.

All the capital chases infrastructure because it has nothing else to pursue. Wealth will be created at the protocol level this coming cycle, and these are the altcoins investors should follow. Join the DigiToads presale today and join this exciting journey at the beginning. 

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