DigiToads (TOADS) Presale Breaks New Records as Bitcoin (BTC) Drops to $28,000

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Cryptocurrencies have earned great momentum due to their volatility. Even though it comes with many risks, it has the potential to yield significant returns in the future. With time, in the crypto sphere, meme coins are considered to be the most profitable kind of cryptocurrency. Coming to meme coins, DigiToads is a new initiative and is expected to dominate the market in 2023. The incredible new Wbe3 game allows you to collect, nurture, and battle Toad NFTs. 

Only a few weeks ago, the new token debutant launched its presale and since then it has raised more than $2.7million. Experts are predicting that it can shadow even the most successful meme coins. Its presale has broken new records as the price of Bitcoin dropped below $28,000. Analysts claim that the coin has the potential to achieve 100x profit by the end of 2023. 

DigiToads Revolutionizing P2E Gaming Ecosystem

One of the primary features that make DigiToads stand out from other projects in the cryptocurrency space is the new Web3 game. The game enables users to obtain, nurture, and customize unique battle avatars called DigiToads. 

DigiToads plans on including a decentralized autonomous organization for regulating community events and keeping all users engaged. 

Each DigiToad comes with unique characteristics and will be chosen by players depending on the strength and weaknesses of the avatars. That game’s aim is for players to strengthen their DigiToads in the swamp and make it the best cryptocurrency investment. To obtain this, players can use the TOADS token to buy food, food for their DigiToads, and training equipment. 

The tokens are ERC-20 DeFi, the primary currency powering the ecosystem of DigiToads. Each game lasts for a month and at the end of each gaming session, 25% of the game leaderboard players are going to receive TOAD tokens as a reward. 

The main objective of DigiToads’ on-chain trading competitor is to augment trading volume to establish TOADS as a widely accepted digital currency. To attract more users, winners are being offered exclusive Platinum Toads. Thus, they are given remote access to 1/12^th of the crypto’s treasure, a 10% share of the profits and the ability to trade.

For newbies, DigiToads is offering TOAD School. It provides both advanced and beginner cryptocurrency trading courses, enabling the community to navigate through the cryptocurrency market with complete confidence.

The testament is that a large amount of money has flowed into the project within just a few days of it going live. But there are more indicators that the meme coin is an ideal opportunity for Bitcoin investors, as their value drops. 

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Bitcoin Value Drops to $28000

Cryptocurrency investors have hit investors harshly. After plunging below $28,000. The global cryptocurrency cap dropped over 8% last year. After November, the price began to surge in early January. 

Even though the cryptocurrency had an impressive start to 2023, its value is still down 63% from an all-time high price point of $69,044 in Nov 2021. However, some economists believe that the current rise in Bitcoin price is relatively short-lived. It is believed that the actions of the U.S. Federal Reserve can impose significant danger ahead for Bitcoin in the latter half of 2023. 

DigiToads is Taking NFT Staking to a Whole New Level

NFT staking isn’t a common practice in the cryptocurrency world and DigiToads funds its NFT staking platform by including 2% of every credible cryptocurrency transaction performed in the staking pool that uses the TOADS token. It’s done to make sure that the DigiToads members are rewarded for staking. 

NFT holders can then access the stake pot to stake their NFTs regularly. Holders staking their NFTs for an extended period can earn more rewards. 

Conclusion

With the constant decline in Bitcoin value, investors are looking for alternate investment options. DigiToads is one such token that has seen outstanding presale success until now. This has made investors keep buying DigiToads for high returns in 2023. The bold claim that the cryptocurrency will exceed 100x return this year stems from the fact that many investors are picking up the tokens even though it is still in its presale stage. 

For more information on DigiToads visit the website, join the presale or join the community for regular updates.

*This article was paid for Cryptonomist did not write the article or test the platform.