The cryptocurrency market has witnessed an exponential rise thanks to the entry of meme coins in recent times. These meme coins draw their inspiration from memes or jokes flooding social media and the internet. The most distinctive feature of meme coins is that they are community driven and subjected to high price volatility. With extensive supply in the market, their value is highly influential and may rise and slump in the blink of an eye.
However, one cannot overlook the potential these projects bear to turbocharge the investor’s crypto portfolio. Among the major meme giants like Shiba Inu, DigiToads (TOADS) has managed to create a loyal community of supporters in a short span of time. TOADS, its native cryptocurrency, has gained immense traction as the best altcoin of 2023. The TOADS token has attracted many investors and crypto enthusiasts through its novel use cases and well-defined reward structure. The DigiToads project has demonstrated an impressive performance in its presale and has the potential to land as the top cryptocurrency ICO of the year.
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DigiToads Secures the Position of the Best Altcoin of 2023
DigiToads has captivated the cryptocurrency market with its adventurous Web3 games and enticing rewards. What can be more fun than a play-to-earn platform? The virtual gamers can participate and win rewards through the exciting world of Toads, where they can build their personal army, strengthen and empower them for formidable battles and trade a unique creature called DigiToad. All payments are processed through the native cryptocurrency known as TOADS.
TOADS is an ERC 20, play-to-earn and stake-to-earn meme token. This token is used to power the entire community and can be used to purchase in-game assets or for staking purposes. Another unique feature is its deflationary nature which causes a constant scarcity of TOADS tokens with the passing of time. The team has developed a strategic approach to continuously pump the staking pool through the 2% proceeds of every transaction in the network.
As the community is the driving force behind DigiToads, it has taken every step to add value to its members. The top 25 gamers have the privilege of winning free tokens by maintaining a high score in the meta swamp at the end of every season. Similarly, social media addicts can create TOADS memes similar to their NFTs and land amongst the top three to win rewards per week. The team has also gone the extra mile to impart knowledge on trading for free through the courses provided by “TOADS School” to the holders of three or more TOADS NFTs.
There is no doubt why this project has won the hearts of many and remains the hot favorite of many investors and traders. Even though their presale has ended, all the hype is about their Lauch and the focus on the the fundamentals of the tolken which is backed by several utilities, DigoToads has the potential to become the top cryptocurrency to invest in. Potential investors can learn more about DigiToads’ enthralling adventure by visiting the their site.
Shiba Inu ecosystem marches on as whales accumulate huge supply
The Shiba Inu ecosystem has gained massive popularity and success through the support of its large and robust community. Built on the Ethereum network for its security, the Shiba Inu ecosystem has three tokens: SHIB, LEASH, and BONE. SHIB is its primary utility token backed by two main utilities being used to pay for fees on the Ethereum transaction and as rewards for providing liquidity to the ecosystem.
The LEASH token can be staked to earn rewards while the BONE token holders are vested with the right to governance. It is also used to reward stakers and provides liquidity support. The Shiba Inu ecosystem has its own decentralized exchange called Shibaswap and is working on a layer two solution blockchain solution, Shibarium. This meme coin has remained the top pick of many for a long time due to its potential to substantially yield high returns. SHIB token is currently being accumulated by whales in anticipation of a bull rally in the future.
Conclusion
With the major meme coins like SHIB ruling the cryptocurrency market, DigiToads has emerged to offer fierce competition to their long-standing legacy. The popularity and support drawn by this new altcoin over such a short span of time come as no surprise owing to its innovative and unique reward structure designed to reward its community. The native token TOADS has multiple use cases and can be bought at attractive prices once launch on major platforms. DigiToads is being backed by many analysts as the best cryptocurrency to invest in for the long term.
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