There is a significant shift in sentiments in the cryptocurrency sector. Investors are increasingly paying attention to projects poised to address real-world problems and provide unique investment opportunities. Cosmos (ATOM) is one project experiencing a massive selloff even as DigiToads (TOADS) sees an uptick in interest in its presale with more than $2.1 million raised so far.
DigiToads Meme Coin for P2E and Staking
DigiToads is the center of attention as a full utility meme coin poised to enhance NFT staking and Web 3 gaming. Its native token is flying high in presale. Analysts are already projecting gains of more than 450%, going by the strong demand for TOADS in the market.
The high-growth token has caught the attention of many crypto enthusiasts thanks to its thrilling Web 3 game that increases the chances of people earning residual income. As part of the game, people must collect and nurture DigiToads while developing unique capabilities and strengths.
Consequently, one must spend their Toads token to purchase food and training equipment that help grow the DigiToads while developing unique capabilities. At the end of each gaming season, the largest and strongest DigiToads is to earn some Toads tokens. DigiToads is to use 50% of the funds generated from the sale of game items to reward people who play the game.
There will also be trading competitions within the ecosystem, providing another opportunity to earn on the network. The monthly games will not only bring in more users into the network but also enhance trading volume. Winners stand to walk away with prizes of Platinum Toads each month. The prizes are to entitle the holder’s access to the Toads treasury. In addition, winners will receive 10% of all trading profits made from the treasury.
The opportunity to generate passive income from staking should excite many people in the DigiToads ecosystem. The NFT staking platform will offer a chance to stake non-fungible tokens for an opportunity to benefit from the 2% of every Toads transaction that is to be added to the platform.
DigiToads has also affirmed its commitment to supporting and preserving the environment. The project is to set aside 2.5% of every profit made from the DigiToads project on charitable organizations dedicated to replanting trees and conserving the rainforest.
TOADS is the native token exploding in presale amid strong interest from whales. The token allows buying in-game items in the ecosystem and paying for transaction costs. Additionally, holders stand to benefit from its price appreciation as its total supply is capped at 585 million. Furthermore, a token-burning system will ensure that its supply reduces over time which should help boost its value.
Cosmos Enhancing Blockchains Connection and Communication
Cosmos have been under pressure in recent months, going down by more than 23% from its 2023 highs. The pullback has coincided with a deep correction in the overall industry after a stellar start to the new year. However, amid the pullback, the project’s long-term prospects remain intact as it moves to ensure all blockchains can connect and communicate.
For the longest time, individual blockchains have been unable to communicate with each other. The deficiency has affected their adoption in the mainstream sector as there is always a need for systems that communicate with one another. With blockchain interoperability becoming a key part of the ecosystem, Cosmos is well-positioned to play a big role.
Cosmos leverages hubs to ensure blockchains can communicate with one another instead of smart contracts, as with other projects. Each hub can connect to several blockchains while working through Inter Blockchain Communication. Currently, over 255 apps are running on the Cosmos blockchain, affirming its growing use case.
Bottom Line
DigiToads is a full utility meme coin gaining credibility in the cryptocurrency sector, going by the more than $2.1 million generated in presale. The project provides an ideal investment opportunity ahead of the listing of TOADS tokens in a major exchange. Experts are already forecasting over 450% gains due to the strong interest in presale.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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