The cryptocurrency market is full of ups and downs; while some coins are gaining value, others are plummeting and losing their value. One of the coins that have been making waves for its spectacular growth is DigiToads. In the meantime, other coins like Pepe are struggling to keep their investors interested.
In this post, we will look into why DigiToads is one of the best cryptocurrencies to invest in right now and touch on Pepe coin and why it is losing its title of top meme coin.
Why is DigiToads such a big deal?
DigiToads is a cryptocurrency platform built on the Ethereum blockchain. DigiToads main goal is to become the king of meme coins by introducing a new meme coin with many utility-driven features. While most meme coins in the market rely on major news events and their communities to drive their value, DigiToads has a robust ecosystem that actively contributes to its price.
One of DigiToads offerings is the integration of NFTs and a play-to-earn model. This unique combination allows investors to acquire top-notch NFTs while also providing opportunities to earn exciting rewards through gameplay. Players on the DigiToads gaming platform can collect exclusive DigiToads in the form of NFTs which can be obtained through trading, purchasing, or winning them in competitions. DigiToads owners can then engage in activities such as breeding and nurturing them by purchasing different items from the in-game marketplace to increase their strength and battle them in competitions that happen once every month.
At the end of each battle season, 50% of the funds generated from in-game purchases are allocated to the monthly pool prize. The top 25% of players on the DigiToads platform receive rewards from this pool Prize, creating an additional incentive for active participation.
However, rewards for DigiToads investors do not end there. Skillful traders will also be granted Platinum TOADS, unlocking access to 1/12 of the TOADS treasury and 10% of all trading profits. Platinum TOADS are only awarded to the top traders in every DigiToads trading competition.
DigiToads also has a governance token known as $TOADS. This deflationary token exhibits constant scarcity and is accepted as payment throughout the entire DigiToads ecosystem. $TOADS holders also enjoy rewards from the NFT staking pool, which receives 2% of every transaction. These rewards are distributed to $TOADS holders who have staked their NFTs.
Pepe Coin is on the decline
Pepe coin is a deflationary meme that pays tribute to the beloved “Pepe the Frog” franchise from the 2000s. Developed by a team of anonymous creators, this self-proclaimed original meme coin is built on the Ethereum blockchain.
Despite its relatively short existence, Pepe coin has caused quite a commotion in the cryptocurrency world. One of the main factors contributing to its hype is the astonishing speed at which the coin has grown. In just three weeks of being launched, Pepe coin was able to hit a market cap of $1 billion, a feat that the top meme cryptocurrency by market cap took 4 years to achieve.
The success of the Pepe coin cryptocurrency has continued to increase even though its developers clearly state on their website that the Pepe cryptocurrency is purely meant for entertainment and investors should not expect to make any returns from it. Nevertheless, hundreds of thousands of individuals have already invested in the coin, and renowned cryptocurrency exchanges like Binance, Bybit, and Gemini have listed the coin for trading.
Despite Pepe coin’s fast growth, the hype surrounding the meme coin has recently reduced significantly. After Whales quickly profited from the initial success of the coin, it seems that investors are slowly looking towards other cryptocurrency tokens, such as DigiToads, for better gains.
Final word
The DigiToads presale has already significantly impacted the crypto market, generating considerable interest. Currently, over 85% of the allocated presale tokens have been sold, raising over $3.5 million. With its existing features and strong market reception, DigiToads is shaping up to be a game-changer in the world of cryptocurrencies.
For more information on DigiToads, visit the website, join the presale, or join the community for regular updates.