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Agree with Killerkea. Next update is in the workings and it may bring extra caves and probably 4 new xp levels. You’ll want to save your coins for getting epic sets updated when you reach the new max level.
Otherwise, the golden cauldron can be handy for crafting the stamina potions, health and rage stuff. (diamond is a waste of coins) This prevents you from wasting too much friendship essence.
The events can be very rewarding in the sense of xp, mastery and winnings. It’s nice to be able to throw some stamina potions at an event league. Just make sure you keep a good supply of essence, because the ending event prize wheel takes 10 for each re-roll.
Don’t worry about the anvil. You’ll be relying mostly on epic set items which are much more powerful than the crafted stuff anyway.