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The crypto landscape is buzzing with excitement as FTX, the defunct crypto exchange, plans to relaunch. The exchange plans to reorganize its creditors into different groups based on their priorities and relaunch for international investors. Alongside this latest development, its native token, FTT, is experiencing a significant rally. Meanwhile, DigiToads (TOADS) has recently received massive support from heavyweight crypto investors.
In this article, we will explore these latest developments, particularly the reason for the substantial backing DigiToads is receiving from Whale.
DigiToads (TOADS): Whales accumulate the token for its impending rally
DigiToads is taking the crypto landscape by storm with its exceptional fundamentals and the allure of exponential returns. Additionally, the extra support from heavyweight supporters has given it further traction, resulting in over $6.6 million in presale funds.
The increasing participation in the DigiToads presale can be attributed to its fundamentals, strong community, and significant growth potential. As a blend between meme and utility, DigiToads has a strong footing to thrive in the crypto market. Its memetic appeal, which brings fun and lightheartedness, and its P2E features have sufficiently caught the attention of investors.
The ecosystem will comprise an exciting play-to-earn (P2E) game where players can gather, nurture, and battle DigiToads. Additionally, players will battle against other DigiToads in the Swamp Arena. As a P2E platform, players will enjoy the thrilling game as well as earn passive rewards. Similarly, the token will be a P2E token, which will be used for in-game purchases and the nurturing of digital characters.
Further, its strong community, which is over 28,000 strong on Twitter, contributes to its appeal. With all successful projects built on a strong community, DigiToads’ vibrant community will see it soar. It has also contributed to its traction and presale success within the crypto community.
Additionally, DigiToads’ meteoric growth potential sums up the massive support it has been receiving from big crypto investors. According to analysts and experts, DigiToads will surge 30x after its launch on August 21, just weeks away. This has resulted in a frenzy in the presale, with investors aiming to position themselves before the impending rally.
The DigiToads presale is nearing its end, which is scheduled to end on August 15. Nevertheless, its current price of $0.05 remains a great entry, considering it is poised to rise. Also, investors can be confident about their investment due to the project’s transparency. The team has been doxxed, lending it credibility.
FTX Token (FTT) set to rally amid speculation of FTX relaunch
FTX is set to relaunch after its collapse, with international customers being the first group to start trading. If the proposal to relaunch is granted, FTX will be available to offshore customers. As a result of this development, FTT, the native currency of FTX, has been on a remarkable rally, witnessing substantial price appreciation.
With the FTX exchange preparing for its relaunch, investors can be seen purchasing FTT in anticipation of the impending rally. This development has been met with enthusiasm from FTT bag holders, who can now enjoy some respite from the bears.
Final Thoughts
The crypto landscape is constantly evolving, with new developments and innovative projects always springing up. The latest development is the relaunch of the defunct FTX exchange and the price rally of its native token, FTT. Additionally, DigiToads (TOADS) is also receiving heavyweight investor support thanks to its fundamentals, strong community, and growth potential. With the DigiToads’ launch close, the frenzy is piqued around the token, which you can participate in by following the link below.
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.
