DigiToads Full Utility Meme Coin
DigiToads is on the cusp of becoming the next big thing, thanks to its proven utility around NFT staking and play-to-earn (P2E). However, unlike other coins that elicit interest due to pumping and hype by high-profile personalities, DigiToads seeks to impact multiple facets of life by offering reliable ways of earning on the blockchain.
The Ethereum-based project aims to revolutionize the meme coin sector through a thrilling Web 3 game. The game offers gamers an opportunity to collect, acquire and nurture DigiToads to earn rewards. The goal is to buy food potions and training equipment that helps nurture the DigiToads so that they acquire unique characteristics and grow in size and strength.
At the end of each season, the biggest and strongest DigiToads in the swamp arena will earn some TOADS tokens as rewards. The rewards come from 50% of all earnings generated from selling in-game items in the ecosystem.
In addition to earning from the P2E game, DigiToads has also established trading competitions that will allow people to win some Platinum Toads. The trading competitions will take place each month to enhance trading volume in the ecosystem. Platinum Toads winners will have access to the TOADS treasury, therefore, having more control of the community.
DigiToads utility as the next big thing in the meme coin sector is further affirmed by its push to enable staking and allow people to generate some passive income. It has established an NFT staking platform whereby people can stake their NFTs. In the platform, 2% of every TOADS transaction will be added and used to pay for the staking rewards.
TOADS is the utility token that will offer holders a string of benefits within the DigiToads ecosystem. For starters, people can pay transaction fees and purchase in-game items. It will also double up as a governance token, offering holders the opportunity to participate in decision-making through voting.
Being a deflationary token, its total supply is capped at 585M. In addition, a token-burning mechanism will ensure the total supply reduces over time as one of the ways of fueling scarcity to enhance its value.
Shiba Inu Deep Pull Back
Shiba Inu started the year on a roll, rallying by more than 100%. Fast forward, the meme coin has pulled back significantly, having lost more than 25% of the gains accrued at the start of the year. The meme coin has been struggling to edge higher as the focus shifts to projects with proven utility.
Shiba Inu’s biggest undoing has always been its lack of a compelling investment case. Unlike other projects addressing real-world problems, its price has always been driven by the hype and tweets of famous people. While these events often lead to quick gains, they are unpredictable and don’t affirm the project’s long-term prospects.
Dogecoin (DOGE)
Dogecoin is another meme coin showing some weakness despite rallying by more than 20% year to date. Positive hype and sentiments from billionaire investor Elon Musk have mostly driven its impressive run.
Like Shiba Inu, Dogecoin needs a compelling investment case. In a field of over 20,000 cryptocurrencies, its lack of a competitive edge will always be its biggest undoing. While investors will always have far much safer digital assets like DigiToad to invest their hard-earned cash, Dogecoin will always suffer from its lack of use case.
Bottom Line
DigiToads is a full utility meme coin well poised to usurp Dogecoin and Shiba Inu, thanks to its proven utility around P2E and NFT staking. Its stellar performance at presale and the prospect of 5.5X returns affirms its long-term prospects. As Shiba Inu and Dogecoin fail to attract new investors, DigiToads stands to be the biggest winner given the strong interest in presale. So whether you’re new to crypto or you’re already a crypto enthusiast, DigiToads is the memecoin for you if you are looking for a new and exciting project to sink your teeth into.
For more Information on DigiToads visit the website, join the presale or join the communityfor regular updates.
