The US Securities and Exchange Commission’s aggressive crackdown on some of the biggest crypto exchanges has rattled the market. Regulatory crackdowns continue to fuel fears, something that is taking a toll on Bitcoin (BTC), Ethereum (ETH) and other established cryptos, struggling to power through key levels. Nevertheless, the crackdowns have presented a window of opportunity for utility-dense tokens trading at highly discounted levels. DigiToads (TOADS) is one of the utility-dense tokens on the spot as the future of the meme token space.
DigiToads a Full Utility Meme coin
DigiToads rise to stardom as the new meme coin king, eclipsing the era of Dogecoin (DOGE) and Shiba Inu (SHIB), comes supported by solid underlying fundamentals. Its robust value proposition stems from unique features and attributes around play-to-earn (P2E) gaming and NFT staking that affirm the project’s utility and use case.
While the hype of most meme coins often cools off after some time, that’s not expected to be the case with DigiToads. Its bold mission to take the meme coin landscape beyond the hype and social buzz sets it apart and in pole for tremendous success for many years. DigiToads edge stems from its P2E gaming ambitions supported by the thrilling Web 3 games where players acquire bread and engage in fights. By simply acquiring and nurturing avatar-like creatures dubbed DigiToads, to be the strongest in the swamp arena, gamers stand to earn significant TOADS tokens.
To reward the 25% gamers, DigiToads has set aside 50% of all revenue generated from selling in-game items to be used in the reward scheme. The fact that over $100 billion is generated from the sale of in-game items worldwide affirms the solid opportunities for earning in the ecosystem.
DigiToads has also gone viral on tapping into the decentralized finance sphere with a unique staking platform. The platform offers people an opportunity to stake their non-fungible tokens for a chance to earn some residual income. Staking opportunities do not stop with P2E among and NFT staking. Likewise, DigiToads is to run monthly trading competitions from which people stand to earn big. Traders with the highest monthly trading volumes stand to win big prizes, including platinum Toads that they can use to access the Toads treasury in addition to enjoying 10% of all profits.
The viral meme coin is also eliciting strong interest owing to environmental sustainability initiatives. Its commitment to donating 2.5% of its revenue to charities committed to conserving the environment through replanting trees further affirms its credibility among ESG-focused investors.
TOADS is the native token powering the network that has been flying high with each presale stage that has already raised over $5.6 million. Each presale has seen the token skyrocket by over 100%, making it one of the hottest tokens as the overall crypto sector remains bearish. TOADS value is expected to increase over time as its total supply is capped at 585M with a token-burning mechanism in play. Token burning should reduce the supply with every transaction completed, fueling artificial scarcity expected to prop value amid high demand.
The hype and social buzz around Shiba Inu and Dogecoin, and Pepe have cooled off. However, that is not expected to be the case with DigiToads as the new meme coin king backed by a dense utility. The project’s edge around P2E gaming, NFT staking and trading sets it apart while affirming real-world application and use case.
As the focus shifts towards meme coins that not only entertain but also offer real-world utility in addition to earning opportunities, DigiToad stands to be the biggest gainer. In addition, the token is poised to explode in value on listing in a major exchange.