Dogecoin (DOGE) and Shiba Inu (SHIB) have been making waves as the most prolific meme coins. Their popularity has everything to do with hype and pumping by high-profile personalities. On the other hand, DigiToads (TOADS) is a full utility meme coin that promises to impact multiple facets of life while making it easy for people to generate income.
DigiToads Competitive Edge
DigiToads is a new meme coin in a presale offering new and exciting ways of investing in cryptocurrencies. Its unique features revolve around play-to-earn (P2E), NFT staking and competition utilities that continue to affirm its utility. As a result, the project offers not only an opportunity to enjoy huge long-term gains but also an opportunity to generate some passive income on the side.
The team behind the project have implemented a Web 3 gaming platform that allows people to acquire and nurture DigiToads. By simply purchasing food potions and training equipment, gamers can grow and strengthen their DigiToads to earn rewards. At the end of each gaming season, the biggest and strongest DigiToads in the swap arena will earn some TOADS rewards.
DigiToads is to use 50% of all profits generated from the sale of the web 3 game items to reward the top 25% of players on the leaderboard. The team has also pledged to donate 2.5% of all profits generated from the ecosystem toward charity programs dedicated to conserving the rainforest.
People who decide to stake their non-fungible tokens in the NFT staking platform also benefit from regular payouts. DigiToads is to set aside 2% of every TOADS transaction that takes into the staking platform to be used in paying people who stake their NFT tokens.
Additionally, DigiToads is to run trading competitions designed to enhance trading volumes in the ecosystem. Participants stand to walk away with prizes of Platinum Toads that can be used to access the TOADS treasury.
TOADS is the deflationary token whose supply is capped at 585M, which is to be used to power the network. It will act as a medium for settling attractions and purchasing in-game items. It will also act as a governance token, allowing holders to vote on the project’s trajectory.
Dogecoin Twitter Ties
Due to its close ties with billionaire investor Elon Musk, Dogecoin has long been a high-flying meme coin. The integration of the meme coin into the Twitter ecosystem has always been one of the factors that has driven the coin up the charts in strongly eliciting interest from people. Consequently, the meme coin is up by more than 30%, underperforming the overall sector that is already up by more than 40% following a bounce back from last year’s crypto winter.
Nevertheless, the meme coin lacks a solid and proven utility, as with DigiToads. Instead, the coin mostly trades on the hype propagated by the community, more so Elon Musk. The big question is whether the meme coin will continue flying high as the focus shifts to projects with proven utility and use cases in the sector.
The Graphs Indexing Protocol
GRT, the native token that powers the Graph ecosystem, is one of the best-performing tokens. The token is already up by more than 180% for the year, affirming the strong interest it continues to elicit. The popularity has to do with the project’s growing use case as an indexing protocol that works with several blockchains.
The Graph’s ability to use subgraphs to create datasets that can be shared across multiple blockchains and applications has made it a great hit amid the growing blockchain adoption. In addition, the project offers an opportunity for people to stake their tokens and earn rewards.
Bottom Line
Investing in new cryptocurrency with huge upside potential is the way to go, irrespective if you are an experienced crypto investor or you’re new to the crypto world, DigiToads needs to be added to your portfolio. DigiToads is a full utility meme coin that ticks all the boxes, given its solid opportunities for growth around NFT staking P2E and trading competitions. Likewise, it is on course to outperform Dogecoin and The Graph by 2025, given the 450% gains projected over the next few months.
For More Information on DigiToads visit the website, join the presale or join the community for regular updates.
Disclaimer
This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.
