Meme coins can offer a bright spot in crypto as they often appeal to a broader audience. Also, its volatility has always attracted people who want to profit from the price movement. As it currently stands, this trend may continue with dogecoin and digitoads prices remaining volatile.
DigiToads P2E and Participation Opportunities
DigiToads is a meme coin that could redefine the industry by introducing essential utilities and use cases for the burgeoning industry. Based on Ethereum, the project seeks to make it easy for people to earn passive income while doing what they love most.
Consequently, it has come up with a web3 game that brings the play-to-win (P2E) spectacle around meme coins. In the DigiToads ecosystem, people can collect, care for, and battle unique DigiToads. The goal is to buy, trade or earn DigiToads and try to make them the strongest in the Swamp arena.
By leveraging the network’s native token, TOADS, people can buy food and training equipment to make their DigiToads the biggest and strongest on the network. Ultimately, the DigiToads that excels in size and strength is earning rewards distributed in TOADS tokens.
Although DigiToads is looking to onboard more users, it also plans to improve business volumes. Consequently, there will be competitions where people enter to win Platinum Toads prizes each month. A Platinum Toad grants holders the right to access the TOADS treasury on a monthly basis.
DigiToads will reward the top 25 players on the leaderboard for growing their DigiToads each season. To ensure that players always receive rewards, he will reserve 50% of the funds raised from item sales and use them in this rewards scheme.
DigiToads also makes it easy for people to generate passive income through participation. As such, it has introduced a unique staking platform where network users can stake their Non-Fungible Tokens (NFTs) to earn rewards.
toad token
The pre-sale of TOADS, the native token that powers the DigiToads ecosystem, is in progress. Experts also remain bullish on the token’s prospects.
TOADS is a deflationary token, and the total supply is capped at 585m. There is also a token burning system that will limit the supply over time. The system seeks to create scarcity by affirming the deflationary status of the tokens.
Dogecoin Rise Elon Musk
Dogecoin is another volatile meme coin, adding over 30% year to date and continuing to attract interest. While the coin is still down 50% from the 2022 highs, it is firm. Dogecoin continues to receive unwavering support and hype from billionaire investor, Elon Musk.
Musk has brought dogecoin out of obscurity to become one of the most popular tokens in the world. While the coin continues to become more popular thanks to the help of Elon, it is also making a name for itself as a profitable peer-to-peer network.
Dogecoin is strengthening its prospects amid the increasing focus on decentralized finance. It makes it easy for people to send and receive cryptocurrency profitably and without intermediaries.
Bottom line
There is no doubt that meme coins are making a comeback after imploding in 2022. However, the focus is increasingly shifting towards coins driven by real-time utility and use cases. DigiToads aims to change the staking of NFT and P2E sectors. Meanwhile, dogecoin’s popularity continues to grow amid help from Musk and push from developers to make the platform a remarkable peer-to-peer (P2P) network.
For more information on DigiToads, visit the websiteenjoy the presaleor join the community.
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