There are many popular internet memes, but few have the provocative appeal of ‘Pepe the Frog.” This meme inspired the launch of Pepecoin, which has had its rollercoaster ride in the past two months. DigiToads (TOADS) looks to provide a more sustainable solution to those interested in memecoins.
The notoriety of the Pepe meme was enough to launch a cryptocurrency. Such is the diversity of memecoins where anything from the adorable Shiba Inu dog breed to Elon Musk’s puppy can become the inspiration for a coin. However, Dogecoin successors are having a hard time sustaining the magic of the pioneer memecoin.
DigiToads is seeking to change this by having a different operational model. It is not enough to have a fun or notorious meme concept. This project seeks to have sustainable utility for its holders moving forward.
This vision has caught on with investors who are participating in the ongoing presale. The presale has raised over $6.2 million and is currently at the ninth of ten stages. Presale participants are now looking forward to the project launch on 21st August, 2023 even as more users come on board.
What you'll learn 👉
PEPE is just like existing memecoins
There is probably no bigger meme on social platforms than Pepe the Frog. This meme features a green frog drawing with a skeptical expression and text depending on the meme context. Pepe the Frog went from a cartoon character and has become an internet cultural icon.
Well, Pepecoin founders sought to harness this popularity with the launch of a memecoin in its likeness. PEPE had a fast start, thanks to the visibility of its meme symbol. It was one of the hottest coins in early May and seemed to be heading for the moon briefly.
However, interest in PEPE has since cooled significantly. The memecoin corrected significantly in the last weeks of May and has since gone to the back pages of crypto. This decline is a trap that most memecoins have since buyers have no use for the coin beyond momentary hype.
DigiToads provides utility
Unlike PEPE, DigiToads has sought to actualize a different model for memecoin community building. DigiToads is a play-to-earn gaming ecosystem that ensures users create and gain value.
Players participate in a toad-themed gaming scene that features everything from epic battles to a collection of fun NFT avatars. This game takes the model of projects like Axie Infinity, where users earn tokens for their gameplay.
Besides, DigiToads features NFT staking, a novel addition to this space. Presale participants are a lucky bunch, with the current price of $0.047 being favorable relative to this project’s potential upside.
DigiToads is launching its gaming ecosystem on 21st August 2023, as the presale ends on 15th August. At the moment, players can mint NFTs at https://mint.digitoads.world/
Conclusion
For a moment, PEPE looked set to replicate the viral success of Dogecoin. It has since tapered off and settled into the space of alternative memecoins. This project can be a showcase of what happens to projects that recreate Dogecoin, even with the backing of a powerful meme like Pepe the Frog.
DigiToads is seeking to achieve organic growth instead. By creating a wholesome community with reason to engage on the platform, the project can be a template for memecoins in the future.
DigiToads has already created a return on investment of 370% for its earliest investors. This figure ticks up to 450% at the launch price of $0.055. TOADS can be the next big memecoin and investors are keenly awaiting launch on 21st August 2023 to partake in this journey.
