TOADS demand grows amid meme coin adoption
DigiToads (TOADS) presale is 83% sold out at current stage with a total of over $2.1 million raised.
TOADS demand is at new levels as the crypto space witnesses new trajectory in the meme coin sector.
DigiToads looks to be a promising investment opportunity, with a unique presale, gaming approach and deflationary mechanism.
The unanticipated blows the crypto market experienced in the last few months are enough to make any investor lose interest in what is considered “one of the most promising industries.” However, recent activity in the crypto space indicates this sector’s possible revival.
While the crypto market has seen a fair share of meme coins, DigiToads is a new utility token and platform that offers something unique within the altcoin market.
A Look into DigiToads (TOADS)
Investors looking for a potentially high-yield cryptocurrency to buy might find a good opportunity in DigiToads (TOADS).
The cryptocurrency project offers new and unique play-to-earn and stake-to-earn features, with TOADS as the native token. With the toad as its mascot, DigiToads aspires to revolutionize the crypto sphere. Apart from developing a new play-to-earn platform, the project is creating avenues for investors to explore investment opportunities.
The TOADS token’s presale provides such an offering in a Metaverse space that continues to see tremendous growth.
DigiToads (TOADS) presale gaining momentum
DigiToads adopts a unique presale system. The TOADS token can be purchased using cryptocurrencies like BTC, ETH, BNB, USDT, USDC, BUSD, and others. There is no vesting period, meaning investors can start trading when TOADS is deposited in their wallets.
The ongoing Lilypad 5 stage of the presale offers the token for a mere $0.024, And so far DigiToads has raised a whopping $2.1 million and counting.
DigiToads has an inbuilt deflationary mechanism whereby 2% of the sell and buy tax is used to purchase and burn TOADS. The token scarcity attained through this burning mechanism, together with an increased number of people seeking the asset, will eventually increase the token’s price.
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DigiToads (TOADS): What’s unique?
Play-to-earn gaming is becoming an increasingly popular concept on Web 3.0. So it is great to see the likes of DigiToads incorporating this fantastic feature in its structure by launching ‘TOAD-CADE,’ an enticing game on its platform.
The game starts with each player receiving a basic DigiToads. These characters can be trained, fed, and bred. This will allow them to level up and battle within the swamp. Regular competitions will be hosted by the platform winners, who can expect alluring rewards.
Besides gaming, another exciting way users can coin some money is through the compelling staking opportunities offered. Users who stake their TOADS NFTs will benefit from great rewards from the NFT staking pool. This pool, in turn, is maintained by the taxes collected on transactions.
To ensure that it has a sound fiscal system, DigiToads will select 12 traders who will be responsible for executing trades on the company’s behalf. These community traders will have access to 1/12th of the treasury and receive 10% of the profit made on each transaction. Seats for these important positions will be held by winners of trading competitions that will be held each month.
DigiToads has laid the foundation of its own Merch, which will shortly be in full swing. The firm will utilize 100% of its profit to revive the Amazon rainforests. Also, 2.5% of the overall gains made have been allocated by the firm for a similar cause.
Every other firm before DigiToads started with a pre-decided mascot for itself. On the other hand, the firm gives users the right to decide on the mascot. For this, a mascot meme contest will be held, and the best design will be used as the mascot, and the creator will be entitled to mega prizes.
Is DigiToads a good investment?
TOADS is can be one of the best cryptocurrencies to invest in as the crypto sector sees a surge in new demand. The firm offers numerous use cases, while investors can buy the native token as part of their portfolio diversification.
As a fact, no one can with certainty predict exactly how the market behaves in the future. However, looking at this token, the DigiToads presale tis currently attracting huge interest from crypto investors. The anticipation around the project’s launch also suggests demand could be even higher when TOADS goes live on major exchanges.
If you wish to know more about the DigiToads token, visit their website. Alternatively, you can join the presale, or the community for regular updates.