By Guest Writer • 05 June 2023 • 17:00
The potential of DigiToads as a big shot in the crypto market is out there for all to see. The recent milestone to hit over $4.6 million in presale funding is a sign that stake-to-earn and play-to-earn utilities are a hot sale in the current crypto space that is struggling to attract innovation and other hooks to pull in more people.
Shiba Inu (SHIB) and Dogecoin (DOGE) have held steady their long-term dominance in the meme-coin market. However, with exciting new coins on the rise, such as TOADS, the dynamics will soon change.
DigiToads sets itself apart as a utility platform that puts web3 at the forefront of its existence and it will rely on its native token TOADS to make its dream a reality. Web3 currently stands as the next destination for the internet, which has so far connected billions. While web2 was impressive, it lacked immersive experiences that connected people far and wide. DigiToads is set to become a big player in web3 via its Toad NFTs that will be the centre of the play-to-earn experiences.
The metaverse is a broad topic that has invaded the space of many crypto projects. The swamp is the brainchild of DigiToads and is set to provide the Web3 experience, which is impressive in the meme-coin space. Moving away from a pure meme-coin standpoint is a strategy that will help pull people from various industries that are interested in gaming, and other interactive features that modern metaverses have to offer.
As a player in web3, DigiToads guarantees a future for its coin, which will also rely on token burn mechanisms to help investors get more for the TOADS they already own. The mechanism works by gradually eliminating some TOADS to make the existing ones more valuable.
Most notably, the recent surge to reach $4.6 million in presale earnings signifies a significant shift in the crypto space. Indeed, any seismic shift in the meme-coin market is a massive disruptor to traditional heavyweights such as Dogecoin (DOGE) and Shiba Inu (SHIB) which have so far dominated the market.
Various intrigues come into play when analysing how quickly DigiToads has created a sort of attention in the crypto scene over the short period its presale has been ongoing. The rewards given from the prize pools stand out, which guarantees the circulation of TOADS in the long term. The treasury also provides stable leadership that sets rules and guarantees a financially sound ecosystem to last for a long time.
Shiba Inu and Dogecoin remain significant forces, and any new entrant will require a lot of effort to try to dethrone them. For a start, the two leading meme-coins have maintained a loyal community for a long time who are not easily moved by waves, as the crypto scene has witnessed many exciting players in the last decade.
Additionally, their market cap is impressive. Dogecoin currently has a market cap of about $10 billion. The staggering numbers boasted by the two forces in the meme-coin market will take a lot for any new entrant to dethrone.
However, the crypto burn, inspired by Vitalik Buterin that wiped out about 90% of his personal SHIB supply, is a recent example of how the model taken by DigiToads can reshape the crypto coin space in the coming decade. DigiToads has a coin burn feature of its own built into its platform that wipes out several coins to make the existing ones more valuable.
Critically, the dynamic nature of the crypto-coin space and the upcoming web3, which will push up demand for utility coins, is an indication that newer coins can threaten the dominance of traditional and well-established ones. Currently, neither Dogecoin nor Shiba Inu holds the keys to Web 3.
With time, the play to earn features, strife to help prevent a climate catastrophe, and massive rewards for early TOADS holders will be the ingredient to help DigiToads claw into the market share of some traditional heavyweights. The coin potential is high, making it a perfect addition for investors looking for a footing in the web3 space.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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