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Polygon (MATIC) has gained a new partner in Franklin Templeton. Though MATIC couldn’t take advantage of this development, it appears that DigiToads (TOADS), in its presale stage, is turning out to be the best alt coins to watch out for.
Summary
DigiToads (TOADS) Is Looking to Revolutionize the Crypto Industry with a Meme Coin
DigiToads (TOADS) is a P2E (play-to-earn), and stake-to-earn platform meme coin with numerous benefits and rewards for crypto fans. DigiToads (TOADS) also offers cool NFTs, where investors can vote for seven alternative animal NFTs to form a team of TOAD-VENGERS. All rewards earned here will be shared with the DigiToads (TOADS) investors.
From staking NFTs to winning Platinum Toads (one per month), and joining the Toad School (a full course on cryptocurrency trading for beginners), and exploring the Swamp (Metaverse), DigiToads (TOADS) has a lot to offer.
True to its name, DigiToads (TOADS) is equally enthusiastic and particular about saving toads, especially the ones from the Amazon forests. Environmentalists and nature lovers can invest in DigiToads (TOADS), and become a part of a protection drive. DigiToads (TOADS) pledged 2.5% of all profits to charities that replant and rehabilitate trees and animals from the rainforests.
With traditional financial institutions investing in DeFi projects, and joining the ecosystem (the Franklin and Polygon partnership, for example), we can expect the DeFi coin prices to increase drastically.
DigiToads (TOADS) is already listed among the best alt coins to invest in today’s market. The meme coin is currently priced at $0.024 in its presale (Lilypad 5) and is scheduled for a price hike in the coming weeks.
Join the presale today to get a 5% discount, using the Promo code, on DigiToads (TOADS) tokens. Make sure to join the community platforms, and stand a chance to win the weekly giveaways! Check out DigiToads’ (TOADS) official Twitter account for more details.
Franklin Templeton’s FOBXX to Use Polygon’s (MATIC) ETH L-2 Blockchain Network
Franklin OnChain U.S. Government Money Fund (FOBXX) is the first US-based mutual fund platform to use a public blockchain for transactions. Franklin Templeton released a statement on 26th April stating that FOBXX, with around $1.4 trillion in assets, is supported by Polygon’s (MATIC) Ethereum Layer-2 blockchain.
The investment giant said it hopes to make use of the greater security, processing speed, and operational efficiency of a decentralized blockchain platform to facilitate transactions between users. Franklin Templeton’s Head of Digital Assets, Roger Bayston, said this move will make the funds compatible with the rest of the digital ecosystem.
Experts believe that the market volatility has led to more investors putting their money in hedge funds and bridging the gap between traditional and DeFi markets. DeFi companies play a crucial role in this process.
While this news is highly encouraging, Polygon (MATIC) continues to struggle in the market. The graph for the last seven days shows that Polygon (MATIC) is likely to settle in a bearish trend. The token opened in May with a 6% decline and continued to go down further.
However, Polygon (MATIC) gained 3.34% on 3rd May to inch upward. The token is currently priced at $0.9914, though analysts believe Polygon (MATIC) might see a price rejection at $1.025.
Conclusion
Franklin Templeton’s new $1.4 trillion fund on Polygon (MATIC) can be a game changer in merging the traditional and crypto markets. Since one share of the fund is represented by the BENJI token, this move will bring investors closer to understanding how the crypto market works. It will also promote altcoins and meme coins like DigiToads (TOADS) among new investors.
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.
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