Pepe (PEPE) coin has lost more than 70% of market value from its all-time highs as investors question its real-world application and long-term prospects. In the same period, DigiToads exploded by more than 200%, and presale generated over $4.7 million, cementing its position as the next meme king with tremendous long-term prospects.
DigiToads: A Solid Alternative to Pepe and Shiba Inu
DigiToads has won the hearts of many investors on its proven utility and use case, unlike Pepe and other meme coins that trade purely on hype and speculation. Its native token is on the cusp of more than 1000% gains as experts continue to tout its unique features on play-to-earn gaming and NFT-staking. It’s also eliciting strong interest owing to its Decentralized Finance applications and bid to conserve the environment through charity initiatives.
One of the features that make TOADS, the network’s native currency, a valuable asset is a thrilling Web 3 game that is becoming increasingly popular owing to earning opportunities on offer. In the game, players simply have to acquire and nurture avatar-like creatures dubbed DigiToads to ensure they are the biggest and strongest in the Swamp arena. In return, 25% of top players with the largest and strongest DigiToads will earn TOADS tokens as the reward.
Besides the P2E gaming opportunity, Toads token holders can also tap into the opportunity of earning some residual income on staking non-fungible tokens. DigiToads has established a staking platform and will add 2% of every TOADS transaction tax to be used in rewarding people who stake NFTs.
The prospect of earning is further enhanced by monthly trading competitions where people with the highest trading volumes are to earn Platinum Toads. The tokens can be used to access the DigiToads treasury, among other perks.
DigiToads is also becoming popular among sustainable-focused investors owing to its real-world application in conserving rainforests. It’s committed to donating 2.5% of all proceeds in the network to support initiatives that lead to environmental conservation.
Utility around P2E gaming, trading, and NFT staking continues to spark strong demand for TOADS, the network’s native currency. The deflationary token can pay transaction fees and purchase in-game items while doubling up as a governance token.
With a limited supply of 585M coins, its value is expected to increase owing to a token-burning mechanism that will ensure its supply decreases over time. By creating scarcity amid increasing demand, the value of the underlying coin is expected to increase, as has been the case in presale.
Pepe Sell-off Persists
An inception Pepe coin took the market by storm, exploding by more than 2,000%, and its market valuation skyrocketed to over $1.6 billion. The rally came at the back of pumping as investors saw it as the next meme king.
Fast forwards, its fortunes have turned south, and the token has lost more than 70% in market value and is under immense pressure in the market. The token’s dwindling fortune has everything to do with the lack of proven utility or use case. Consequently, it’s increasingly proving to be another risky project with an uncertain future, as is the case with Dogecoin (DOGE) and Shiba Inu (SHIB)
Bottom Line
DigiToads offers an excellent investment opportunity for people looking to add a credible meme coin to their portfolio. The stable and practical meme coin is expected to grow in strength and value thanks to unique features around P2E gaming, NFT staking, and trading. With experts projecting gains of over 1000% with the listing in a major exchange, now could be the best time to buy the token at a discount.
For more information on DigiToads, visit the website, join the presale, or join the community for regular updates.
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