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While the crypto market has been bearish in recent months after an explosive start to 2023, few coins have gone against the grain. DigiToads (TOADS) is a little-known gem flying high in presale with over $4.65 million already sold amid strong interest from whale investors. It’s already taking on Dogecoin (DOGE) and Shiba Inu (SHIB) as it redefines the meme coin sector, with experts confident it’s on its way to outperforming Polygon (MATIC) in 2023.
Summary
DigiToads, an Emerging DeFi leader
DigiToads is growing in popularity as a full utility meme coin poised to redefine Decentralized Finance (DeFi). The over $4.65 million tokens sold in presale are a testament to investors taking note of its prospects in revolutionizing the meme coin sector backed by solid use cases and applications.
While still in the 7th stage of the presale, over 95% of allotted native TOADS tokens have been sold, with the presale expected to have ten stages. Each stage has come with a significant price increase, with the token exploding by over 140%.
The strong interest stems from the project’s unique play-to-earn gaming (P2E) feature. It has established a thrilling Web 3 game that allows network users to acquire, bread and nurture unique avatars dubbed DigiToads.
The ultimate goal is to ensure one’s DigiToad is the strongest and largest in the swamp arena for a chance to win a TOADS token as a reward. DigiToad has already set aside 50% of all profits from selling in-game items to reward gamers. In addition, the P2E gaming model adds a unique layer of utility to the TOADS tokens, which has been lacking in other meme coins.
In addition, the TOADS token accrues its utility from a unique staking platform that offers people an opportunity to stake their non-fungible tokens (NFTs). By staking NFTs on the platform, holders stand to earn some residual income, as DigiToad has already allocated 2% of every TOADS transaction to be used in the rewards scheme.
Opportunity for earning on the DigiToad network continues with NFT staking and P2E gaming. Instead, DigiToad is to run monthly trading competitions offering an opportunity to earn Platinum Toads for having the highest trading volumes. In addition, the Platinum Toads can be used to access the TOADS treasury.
Additionally, DigiToad is eliciting strong interest from sustainable-focused investors in allocating 2.5% of all its profits towards charities. The profits are to be given to charities committed to rainforest conservation and the replanting of trees.
Polygon Dwindling Scaling Fortunes
Polygon was once seen as the ultimate scaling solution expected to make the Ethereum blockchain process transactions faster and at some of the lowest costs. At inception, the token exploded in value. However, while it has outperformed in previous years, its long-term prospects are under immense pressure more than ever.
The layer 2 scaling solution faces stiff competition in its push to become the developer’s preferred scaling solution. Optimism Network (OP) and Arbitrum are popular scaling solutions that are pilling pressure on Polygon. Likewise, its native MATIC token has come under pressure losing more than 30% in market value from its 2023 peaks.
As investors’ focus shifts towards little-known gems with tremendous potential, experts expect DigiToads to outperform Polygon and other established projects.
Bottom Line
The stake to earn and play 2 earn features have taken DigiToads utility to a whole new level helping it eclipse Dogecoin and Shiba Inu as capitalists preferred tokens. Given the over 140% price increase in presale, it is clear that the coin is flying high ahead of listing on a major exchange. The exciting opportunities for earning on the immersive ecosystem make DigiToad one of the best crypto to invest in. Its native token is expected to explode upon listing on a major exchange, thus one of the best to buy at current discounted levels.
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.
