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 <p class="is-style-lead">Bloomberg analysts have increased the likelihood of the Bitcoin (BTC) Spot exchange-traded fund (ETF) approval to 65%. Subsequently, pent-up latent demand will likely flow into crypto markets. But while investors await the result, several localized market opportunities have presented themselves.&nbsp;</p> 
 <p>There has been an influx of liquidity to new decentralized finance (defi) projects, with more going to&nbsp;DigiToads. The protocol has already raised over $6.8 million in the ongoing presale. Meanwhile, there is surging activity and demand for XRP.&nbsp;</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/whSWeb_FLiq4zQwkEY0GqSc37JsNDMkhIreKkkF5_FjCZogSv6Flgf-Z079JKXcZ3BKp39drQlPeJ-dDvciAcsja90Hoa7kN6u3yT4A2lLaW2JHVxDCBBZH_UPltv-3q0oYw4OL5Mpb_p3iJCGbDtFk" alt="Ripple and DigiToads rising, investors bullish - 1"> 
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 <p>Will XRP and TOADS continue <a rel="noopener noreferrer nofollow" title="rising" href="https://thebittimes.com/tag/rising.html">rising</a> in the days ahead? On-chain data indicates both can and could be altcoins to watch in 2023.</p> 
 <h2 class="wp-block-heading" id="digitoads-is-rising-in-defi">DigiToads is rising in defi</h2> 
 <p>DigiToads’ early <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> are already up over 400% in the ongoing presale.&nbsp;</p> 
 <p>TOADS prices will be increased once more before launch.&nbsp;</p> 
 <p>DigiToads&nbsp;incorporates elements commonly found in the meme genre, such as virality, token burning, and small-cap potential. These <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> are tied with utility in mind. The Swamp, the native ecosystem, also offers several earning opportunities.</p> 
 <p>The Swamp can offer three direct sources of passive income: Toad Cade, airdrops, and non-fungible token (NFT) staking. Additionally, there can be other indirect sources of income, such as token burns, Platinum Toads, and expansion.&nbsp;</p> 
 <p>Toad Cade is a play-to-earn (P2E) game where players battle toad NFTs. The protocol distributes the prize pool amongst the top 25% every season.&nbsp;</p> 
 <p>Users can upgrade their toads via the in-game store, and a portion of the revenue generated is airdropped to all members.&nbsp;</p> 
 <div class="cn-block-related-link"> 
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 <p>Rather than using the typical staking mechanism, DigiToads has implemented NFT staking, which focuses on staking rewards to incentivize long-term holding. The DigiToads NFT Collection has a staking payout pool receiving 2% of all ecosystem transactions.&nbsp;</p> 
 <p>The indirect revenue sources for all community members include the active treasury management system (Platinum Toads) and aggressive deflation. TOADS will be drawing revenue from The Swamp, a reason why analysts are <a rel="noopener noreferrer nofollow" title="bullish" href="https://thebittimes.com/tag/bullish.html">bullish</a> on the token.&nbsp;</p> 
 <h2 class="wp-block-heading" id="xrp-tailwinds">XRP tailwinds</h2> 
 <p>XRP’s value has been on the rise after a favorable ruling by a US judge. There has also been an increase in total transactions and active addresses.&nbsp;</p> 
 <div class="cn-block-related-link"> 
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 <p>Due to regulatory certainty, more businesses have adopted Ripple’s cross-border payment services. The protocol’s revenue is also rising as it pioneers into the central bank digital currencies (CBDC) space.</p> 
 <p>Analysts predict XRP to reach $1.67 in 2024 as demand for international B2B payments and remittances rises.</p> 
 <h2 class="wp-block-heading" id="closing-thoughts">Closing thoughts</h2> 
 <p>Crypto <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> can consider altcoins with utility cases of which XRP and TOADS can be options.&nbsp;</p> 
 <p>In the DigiToads presale, TOADS is available for $0.05 but will rise to $0.055 on launch.</p> 
 <p>Visit DigiToads presale</p> 
 <p>Mint DigiToads NFTs here</p> 
 <p>Buy DigiToads NFTs on OpenSea</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Shiba Inu and DigiToads surge amid Shibarium beta bridge release 
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Ripple and DigiToads rising, investors bullish

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