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Experts are convinced that DigiToads (TOADS) is on the cusp of more than 450% gains in 2023, going by the strong interest. The project has already attracted more than $2.1 million worth of investments in presale as investors take note of its credentials in redefining NFT staking and play 2 earn (P2E). Given the strong interest and proven utility, DigiToads should outperform Tron (TRX) and UniSwap (UNI) with ease according to experts.
Summary
DigiToads High Growth Meme Token
DigiToads is a full utility meme coin on the cusp of taking NFT staking and Play 2 earn to a whole new level while providing exciting ways of earning. Built on the Ethereum blockchain, the project comes with a thrilling Web 3 game that offers a new way of earning while playing.
Gamers only have to purchase and nurture DigiToads with unique characteristics and learning abilities. The goal is to ensure one DigiToads end up being the largest and strongest in the swamp arena for a chance to win some Toads tokens. To do so, players must use their Toads token to purchase food and training equipment that help strengthen their DigiToads.
DigiToad is to reward 25% of players on top of the leaderboard at the end of each gaming season. In addition, it has already set aside 50% of all profits garnered from the sale of gaming items to be used in rewarding people who play the game.
There is also an opportunity to earn by participating in monthly trading competitions. While the trading competitions seek to enhance trading volumes, they will see players walk away with Platinum Toads as part of the prizes.
In addition, DigiToad is offering people a way of benefiting from their non-fungible tokens. It has established a staking platform whereby Toads token holders will be able to stake their NFTs. But, of course, the longer one stakes their NFTs the more they stand to earn.
TOADS is the native token that is flying high in presale, with over $2.1m already raised in presale. The token is on the cusp of experiencing a significant price boom owing to its increased use in NFT staking and P2E. The token acts as a medium of exchange through which people can use it to buy in-game items in the ecosystem, in addition to settling transaction fees.
Its total supply is capped at 585M, with a token-burning mechanism in place to reduce its supply over time. As a result, the deflationary status should see the token increase in value over time amid the scarcity created on the back of high demand.
Uniswap Enhancing Crypto Swapping
Uniswap is one of the largest decentralized exchanges whose native token, UNI, is flying high. The token is already up by more than 60% for the year, benefiting from renewed interest in cryptocurrencies. The recent bounceback has seen an influx in the number of people looking to swap various cryptocurrencies.
Most people have ended up at Uniswap exchange to swap and trade their various cryptocurrencies. The result has been an uptick in demand for the native token that facilitates all transactions in the ecosystem. In addition, demand for the native token is fueled by the fact that the exchange offers staking opportunities allowing people to hold their tokens in liquidity pools, fueling demand.
Tron Decentralizing the Web
TRX, the native token that powers the Tron blockchain, is up by more than 20% as a recovery from last year’s implosion gathers pace. The bounce back has to do with an influx of developers into the platform to develop and run smart contracts and build decentralized applications.
While Tron is similar to Ethereum in many aspects, it accrues its competitive edge by striving to decentralize the web. The project seeks to enhance the sharing of content in the entertainment industry. It plans to enable the use of blockchains for content sharing as part of a plan to get rid of intermediaries.
By providing a way for content creators to connect directly with their consumers and sell products directly, it stands to be a big hit in the entertainment industry. Its increased use should see an uptick in TRX demand as the token that will make everything possible.
Bottom Line
DigiToads is on the cusp of significant gains as people resort to the project to play games and earn and engage in NFT staking to earn some passive income. The influx of people into the network should continue to fuel demand for TOADS tokens that have already attracted over $2.1 million in presale. Ahead of the potential listing in a major exchange, DigiToads looks set to outperform Tron and UniSwap which are facing significant competition in their respective fields.
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.
