Saturday, 3 June 2023

Crypto News

DigiToads utility sets itself apart from Shiba Inu and Pepe as meme coins demand grows

DigiToads utility sets itself apart from Shiba Inu and Pepe as meme coins demand grows

  • Digitoads is currently in the presale stage.
  • PEPE has been the talk of the town over the last couple of after it got listed by Binance.
  • 2023 has seen newly launched meme coins register staggering price movements.

Many analysts are calling 2023 the year of meme coins. The market has seen new meme coins surpass popular meme tokens like Shiba Inu (SHIB) and Pepe (PEPE) in popularity and soaring to meteoric heights.

One of the new trending meme coins is DigiToads (TOADS), an Ethereum-based meme token that was launched earlier this year. The meme coin has garnered a lot of praise for its unique economic design where users can access multiple options to bring home passive income. Its community-centric approach paves the way for community members to play a key role in the platform’s growth and development.

DigiToads: A trendsetter in the meme coin sector

DigiToads has been developed by using a hybrid model that leverages the strength of different cryptocurrencies. So, with one single platform, you can stake NFTs, play Web 3.0 games, enter giveaways, bag prizes, crypto tokens as rewards, trade cryptocurrencies and participate in trading competitions. 

The platform has developed a native token called TOADS which would facilitate all transactions and financial purposes on the network. Built on the ERC-20 protocol, the DigiToads team would maintain a store of 585 million TOADS tokens. Of the supply, around 69.2% of it would be set aside for presale and giving out rewards. 

Another reason why DigiToads has been in the news is because of its presale process. Comprising 10 stages, DigiToads’ presale process has been a stellar success till now and its fifth stage ‘Lillypad 5’ is currently in progress. 

DigiToads balances gameplay, rewards, and the storyline to create an exciting Web 3.0 game that will have players hooked to it in minutes. 

In the game, players will be facing each other in a Metaverse swamp and will try to bag the highest scores in the season. To defeat the enemy, players can seek help from digital creatures called ‘DigiToad’ who have special abilities. Players can also secure training equipment, food, and potions for DigiToads. They will have to pay for both the items as well as the DigiToad using the TOADS tokens. Those interested can participate in the DigiToads presale here.

Here’s why analysts are bullish on…

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