The hurdles faced by Ripple and Ethereum Classic have brought their prices to a standstill while DigiToads is gearing up for phenomenal price growth.
Every year, a new cryptocurrency becomes popular among investors owing to its distinctive features and witnesses heavy inflows followed by substantial price surges. Any investor with prior knowledge about the next asset to explode can make significant profits by investing in these coins. Experts predict DigiToads, a recent addition to the crypto market, could be the next cryptocurrency to explode.
Investors looking to become rich overnight might find DigiToads an excellent investment option. Before diving into the minutest details of this crypto, a quick overview of the firm is necessary.
DigiToads is a newly birthed meme-coin instilled with stake-to-earn and play-to-earn features. TOADS will have additional utilities in The Swamp (DigiToads Metaverse) besides its staking and P2E features.
DigiToads offers endless use cases for its token, a trait unusual of meme-coins. The provision of numerous utilities is primarily why investors are attracted to this digital asset. An influx of investors pouring money into this top crypto coin will cause substantial price surges. The deflationary factor created by the firm is another major factor contributing to the increase in price.
TOADS can be earned through the mere act of staking TOAD NFTs. The TOADS offered as returns are kept in the NFT staking pool, which is maintained by 2% of the tax collected on each transaction.
DigiToads allures a plethora of gamers by offering them earning opportunities. Users can get their hands on TOADS by playing Toad-Cade, an engrossing play-to-earn game. The top 25% of the players at the end of each competition are showered with rewards from half of the profit made by DigiToads through its gaming ecosystem.
TOADS tokens will also be handed out as a reward to the winner of the Mascot Meme contest. Users will compete to have their toad designs selected as the official mascot of the firm. TOADS will be offered as a reward to the triumphant.
The firm has deployed well-considered Tokenomics. It collects a 7% tax on each transaction. 2% of the collected tax is allocated for maintaining the NFT Staking pool, 2% for the treasury, 2% for token burn, and the remaining 1% for liquidity. Burning of TOADS diminishes the token availability, which, under increased demand, causes an increase in the token price.
Considering the minimal token price and the fantastic presale features, DigiToads is the best cryptocurrency to buy today. The token can be purchased for just 0.027 USDT from the ongoing presale. Capitalists looking to buy TOADS should hurry up as the Lilypad 6 stage is about to end. So far, more than $4.2 million has been raised as an investment by selling over 286 million tokens.
Ripple is among some of the earliest altcoins. The firm offers enticing features such as fast transaction speeds and meager gas fees. Its use by leading financial institutions makes it a top crypto choice. The coin saw reached an all-time high in January 2018 when it hit $3.84. However, in 2020 the US Securities and Exchange Commission filed a lawsuit against Ripple, claiming that the firm owners sold XRP before the company was even registered. The case is still in progress, with the firm having spent $200 million fighting it. The price of Ripple saw a rapid decline following this and now has come to a standstill as the future of Ripple hangs in uncertainty.
Although Ethereum Classic has a strong background, being born from the original Ethereum, it still has many hindrances to overcome before it can be considered an excellent crypto to buy. The bearish market trends and scalability issues have led to a substantial decline in the price of the coin. Ethereum Classic is currently stagnant at a price of around $18.
The scalability issues of Ethereum Classic and the lawsuit against Ripple have rendered both these investments useless. Traders looking to reap profits from the price changes should consider other options. DigiToads, on the other hand, is heading towards a massive price surge, fueled mainly by its token burn mechanism and the innumerable use cases for its token.
For more information on DigiToads, visit the website, join the presale, or join the community for regular updates.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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