In a rare interaction with the public on X, Dogecoin (DOGE) creator Billy Markus spilled his main crypto principle and even gave a few token picks. He lightheartedly quipped that his number one rule regarding crypto would be to ‘‘never put more money into it than you’re willing to burn in a fire.’’
Markus acknowledged the risks inherent to crypto, and creators must always be careful when taking a public platform. But in reality, if he truly believed this, he would not be involved in the space. One crypto did take Markus’ eye, DigiToads (TOADS), strangely a competitor to Dogecoin. Memecoin lovers expect big gains for DigiToads’ Web3 game launch, which is already live now!
DigiToads (TOADS) Heroes of the Swamp Live Now
DigiToads officially went live on August 21st and investors in the ecosystem are already enjoying the multiple sources of passive income provided by this community-first flywheel protocol. These mechanisms include an aggressive burning campaign, a revolutionary NFT Staking mechanism, a proactive treasury management strategy, and even a native DEX.
But the use case driving more and more investors into The Swamp (the native ecosystem) is Heroes of the Swamp. This exciting on-chain game features its own native currency, $POLES, and DigiToads even offers a faucet allowing everyone to start playing.
Players select one of three main character classes for this RPG and can level up their character and purchase unique items to increase their chances of victory. All of these items are individual NFTs allowing users to fully own their gaming experience. The Forge enables users to upgrade their items, and when players have sufficiently kitted out their toads, they can head to the Battle Zone.
In the Battle Zone, players battle other players with victory decided by a random dice roll contained within the smart contract, fully verifiable on-chain. Winners gain experience points, $POLES rewards, and rank on the leaderboard. And with the ability to exchange $POLES for $TOADS, players that win in-game earn real money.
This exciting game attracts a growing number of users and puts DigiToads squarely in the GameFi narrative. One of the sectors expected to perform best in the coming cycle. No wonder Billy Markus sees the potential in DigiToads!
Billy Markus’ Crypto Principles
The creator of Dogecoin, Billy Markus, typically keeps himself to himself. However, in a rare interaction with the community on X, he gave his current thoughts on the market and his guiding investing principles.
Markus discussed a broad dislike of ERC20 coins and, strangely, many other top altcoins stating that he favored Bitcoin (BTC), Ethereum (ETH), Dogecoin, and hinted that he had grown increasingly fond of DigiToads due to Heroes of the Swamp.
He joked that Dogecoin was essentially ‘’Bitcoin in a dog suit.’’ He highlighted the inherent risk involved with crypto, but looking at how Markus behaves versus what he says may offer some guiding light. Markus is a significant holder in $DOGE, famously one of crypto’s most volatile altcoins, and obviously believes in the future of digital assets.
Markus implied that the best altcoins to watch were those with proven utility or those operating in the GameFi space.
Closing Thoughts: GameFi Narrative Heating Up
Heroes of the Swamp is live now, and DigiToads has begun its journey from blockchain ICO aiming to become a top 100 project. Despite already being live, investors are still far earlier than they imagine, and given its position in the GameFi narrative, $TOADS could explode in value in the coming six months. Dubbed as one of the best DeFi projects due to its expansive utility for end users, the era of the TOADS has begun!
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
