Home Blockchain 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

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  • Digitoads is currently in the pre-sale stage.
  • PEPE has been a hot topic in the last few years since it was listed on Binance.
  • In 2023, the newly launched Memecoin has recorded phenomenal price movements.

Many analysts are calling 2023 the year of the meme coin. In the market, the popularity of new meme coins has surpassed popular meme tokens such as Shiba Inu (SHIB) and Pepe (PEPE) to skyrocketing heights.

One of the new trending meme coins is DigiToads (TOADS), an Ethereum-based meme token launched earlier this year. Memecoin has garnered much praise for its unique economic design that gives users access to multiple options for taking home passive income. A community-centric approach paves the way for community members to play an important role in the growth and development of the platform.

DigiToads: The Trendsetter in the Memecoin Space

Desi Toad was developed using a hybrid model that leverages the strengths of different cryptocurrencies. Thus, you can stake NFTs, play Web 3.0 games, enter giveaways, receive prizes, receive crypto tokens as rewards, trade cryptocurrencies, and participate in trading contests all on a single platform. increase.

The platform has developed a native token called TOADS that facilitates all transactions and financial purposes on the network. Built on the ERC-20 protocol, the DigiToads team will maintain a store of his 585 million TOADS tokens. About 69.2% of the supply will be reserved for pre-sales and distribution of benefits.

Another reason DigiToads is in the news is its pre-sale process. His DigiToads pre-sale process, which consists of 10 stages, has been a huge success so far, and the fifth stage, ‘Lillypad 5’, is now underway.

DigiToads balances gameplay, rewards, and story to create exciting Web 3.0 games that keep players hooked in minutes.

In the game, players face each other in the swamps of the Metaverse for the highest score of the season. To defeat enemies, players can call upon digital creatures called “DigiToads” with special abilities for help. Players can also secure training equipment, food, and potions for their DigiToads. They must pay for both the item and his DigiToad using TOADS tokens.If you are interested, please join us. Click here for the DigiToad presale.

Here’s why analysts are bullish on Shiba Inu

Shiba Inu is one of the top cryptocurrencies that has managed to maintain its position in the market despite being launched many years ago. Memecoin has rolled out a native token called SHIB, the primary crypto token on the network. This is based on a meme inspired by Japanese dog breeds.

Apart from SHIB, the Shiba Inu team has also launched two other cryptocurrencies, BONE and LEASH. BONE is a governance token that helps members of the Shiba Inu community participate in the decision-making process, while LEASH is a token dedicated to her members of the dedicated community associated with the platform.

Given its popularity, analysts feel that the SHIB token could rise further in 2023 and expect it to remain in the bullish zone for now.

PEPE could be even more profitable

PEPE is inspired by the popular internet cartoon “Pepe, the Frog” and its native token is PEPE. It is a networked medium of exchange and employs a deflationary model. In other words, supply is intentionally kept low to limit price volatility.

Another key advantage associated with Pepe is that token holders do not have to pay transaction fees. A “tax-free” policy has helped expand its reach. Following market trends, Memecoin has experienced many ups and downs over the past few weeks.

Analysts expect the PEPE token to register another bullish rally as a significant number of whales are still sitting in large positions.

Conclusion

Analysts believe that DigiToad will also perform well in the long term due to the fact that memecoins like Shiba Inu and PEPE have demonstrated the ability to drive market profits.

DigiToads’ dynamic economic framework and multiple utilities help community members diversify their portfolios and build a sustainable source of passive income.

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