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The cryptocurrency sector faces a myriad of issues, from regulatory pressures to valuation and volatility concerns, that are increasingly triggering a bear run. As most altcoins remain under pressure, DigiToads (TOADS) is making waves as a full utility meme coin. It has already generated over $5.6 million in presale as experts tout it as one of the most promising altcoins on the same breath as Quant (QNT) and Eos (EOS).
Summary
DigiToads Promising Meme Coin
Focus for the longest time has been on Dogecoin (DOGE) and Shiba Inu (SHIB) as the face of the meme coin space. However, not anymore, going by the strong interest that DigiToads continues to elicit in presale.
It’s no secret that Shiba Inu and Dogecoin have struggled in recent months with hype and social buzz drying up. In contrast, DigiToads native token TOADS has exploded in presale, rallying by more than 320%.
The gains have come from meme-focused investors taking note of the new projects’ utility around play to earn, NFT staking, and trading. Additionally, DigiToads has continued to elicit interest from ESG-focused investors owing to its charity initiatives that focus on conserving the environment through the replanting of trees.
P2E gaming has strengthened DigiToad’s edge in the meme coin space by providing people with a reliable and exciting way of earning in the ecosystem and profiting from TOADS token price appreciation. The new project has set aside 50% of profits generated from the sale of in-game items to be used in rewarding people who participate in the game.
To earn TOADS tokens, gamers must acquire and nurture DigiToads avatars to become the biggest and strongest in the swamp arena. The top 25% of players in the leaderboard are to earn TOADS tokens for playing the game.
In addition to P2E gaming, DigiToads has also enabled staking in the network, offering yet another avenue for people to earn by simply staking nonfungible tokens; users stand to generate some residual income on DigiToads setting aside 2% of every TOADS transaction tax into the staking pool.
DigiToads also runs monthly trading competitions, providing another avenue for earning in the ecosystem. Traders will simply have to accumulate the highest trading volume to earn Platinum TOADS that they can use to access the TOADs treasury.
TOADS is the native token powering the ecosystem as a medium of exchange and flying high in presale. The token continues to elicit strong interest owing to its real-world application in gaming, staking, and trading. Its value is expected to increase as a deflationary token with a total supply of 585m coins.
Quant Enhancing Data Security
Quant is another crypto showing signs of bottoming out after a long period of consolidation. Its native-token QNT has come under pressure in recent months after skyrocketing at the start of the year by more than 50%
Renewed interest in Quant has to do with the project’s real-world application. It is one of the few projects on the cusp of streamlining and enhancing data migration in different blockchains. In an era where privacy is a big issue, Quant is poised to play a vital role in enabling the sending and receiving of data safely and securely.
Eos Taking on Ethereum
EOS is another crypto edging higher, with experts confident it will skyrocket after a deep pullback. While the project has always accrued an edge in supporting the development of decentralized applications and smart contracts, the feeless transactions set it apart.
In a field where many projects are doing almost the same thing, EOS has set out to enable super-fast transactions while charging nothing. Therefore, it is a scalable blockchain network rivaling Ethereum and the like. It is thus becoming more developer-friendly, something that continues to fuel demand for EOS tokens.
Bottom Line
DigiToads is an interesting and exciting project to invest in as it trades at a discount ahead of listing on a major exchange. Its real-world application on P2E gaming, NFT staking, and trading sets it apart from other meme coins affirming its long-term prospects.
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.
