Sentiments in the crypto space are constantly changing as investors search for the next big thing promising explosive moves. DigiToads (TOADS) is the latest sensation that has caught the attention of many meme coin whale investors. In what seems to be a change of focus from the Pepe (PEPE) coin, DigiToads has raised over $4.25 million in presale, affirming strong investor interest.
DigiToads Eclipsing DOGE and SHIB on Utility
DigiToads has taken the cryptocurrency market by storm by redefining the meme coin sector. Pundits and analysts expect the project to eclipse Dogecoin and Shiba Inu as it brings a new layer of utility from the hype and speculation that has come to be associated with meme coins.
Its edge as the next big thing in the meme coin sector is the play-to-earn features and NFT staking capabilities that have affirmed its real-world application. In addition, DigiToads stands out by offering monthly trading competitions that offer people an opportunity to earn in the ecosystem.
DigiToads’ massive potential stems from a thrilling Web 3 game that powers its metaverse dubbed the Swamp. As part of the game, people must acquire and nurture avatar-like creatures dubbed DigiToads by purchasing food and training equipment.
Gamers who come out on top with the largest and strongest DigiToads will be rewarded with a TOADS token. DigiToads has already set aside 50% of profits generated from the sale of in-game items to be used in rewarding gamers in the P2E game.
In addition, users can also take advantage of the monthly trading competition to earn Platinum TOADS in prizes for having the highest trading volume in the ecosystem. The earning opportunities do not end with the P2E game and the trading competitions.
DigiToads is also offering an opportunity to stake non-fungible tokens for a chance to earn some passive income. It has already set aside 2% of every TOADS transaction to be used in rewarding people who stake their NFTs in the staking pool. In addition, DigiToads has also set aside 2% of all its profits to be used in replanting trees and conserving rainforests in an era of increased focus on sustainability.
TOADS, the native token, has massive potential, going by its digital scarcity and deflationary status. However, its total supply is capped at 585M with a built-in token mechanism designed to further trim the supply. In addition, its utility around P2E gaming and NFT staking continues to fuel strong demand that has already triggered over 140% in price gain.
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Pepe Explode Amid Hype
Pepe is another meme coin that has been flying high in its short life in the market. Its native PEPE token has already exploded by over 500%, with trading volume increasing by over $250 million. Described as the most memorable meme coin, it’s been gaining traction among crypto enthusiasts as people look for projects poised to explode amid the ongoing consolidation.
One strategy that has helped propel PEPE’s popularity is its no-tax policy and the burning mechanism similar to the one at DigiToads. However, it lacks real-world application that could affect its popularity once the hype season cools down.
Bottom Line
The future is bright for crypto projects that are able to address real-world problems backed by solid utility. DigiToads is one project that ticks all the boxes owing to outstanding use cases around play to earn and stake to earn. The over $ 4.25 million raised in presale affirms the strong interest ahead of listing in a major exchange. Pundits are already projecting gains of over 1000x as the token is highly discounted despite its immense potential in redefining the meme token space.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
