Digitoads is a new crypto project with a toad as a mascot. It offers practical features and presents earning opportunities for users.
These utilities can be accessed through DigiToads’ native token, TOADS. However, investors are considering the project because TOADS offers more utility than other meme coins. Additionally, TOADS is growing rapidly, attracting short and long term investors.
More than 92% of the TOADS allocated for stage six of the pre-sale have already been sold. In this phase, early adopters make a profit, outpacing the gains recorded by major cryptocurrencies like ethereum (ETH).
The success of DigiToads
The ongoing pre-sale of the DigiToads native token is proving successful.
The project has raised more than $3.5 million from the sale of 223,956,305 TOADS out of the 272.5 million allocated for pre-sale of the project while it is still in stage 6, dubbed “Lilypad 6”.
Considering this level of demand, it seems that more investors are choosing the token and adding it to their respective portfolios. Since the pre-sale prices will gradually increase until stage 10, those who consider and buy the token in the early stages could make more profit.
DigiToads is embracing innovative technology and using a revolutionary approach to combine blockchain with real-world data, unlocking new possibilities for decentralized applications (dapps).
He also has a play to win (P2E) game “Toad-Cade”. This P2E model could appeal to a larger demographic of gaming enthusiasts who want performance while gaming. This can later encourage players to use TOADS to access gameplay that is all about feeding, nurturing, strengthening, and competing with digital toads.
Since TOADS is a deflationary token, the DigiToads roadmap suggests that the overall supply will gradually decrease as more tokens are burned. This strategy could support TOADS prices over time, thus attracting investors willing to accumulate and HODL.
In addition, DigiToads hosts a monthly trading competition called “Toad vs. Toad”. These trading competitions will help the DigiToads team find good traders who will contribute to the DigiToads Decentralized Exchange (DEX), the trading post. The DEX will be released shortly after the project builds a vibrant community of ToadVestors.
Winners of the monthly trading contest will receive platinum TOADS. By the end of the year, 12 winners will have been selected.
TOADS Platinum owners can access one twelfth of the TOADS treasury and 10% of all profits made on each trade.
Ethereum Price Action
Ethereum was trading at $1,797.20 on May 14, 2023, a drop of more than 50% from $4,400 sometime in 2021.
The losses were even higher in 2022 due to the crypto winter.
However, prices have since rallied, bottoming out, catalyzed by the FTX crash in November 2022; an event that lifted other major currencies including bitcoin (BTC) and ethereum (ETH).
Conclusion
As ETH prices slowly recover, trends show that investors, including retailers and whales, are gravitating towards potential projects that can generate big profits in 2023. As a result, the increasing demand for TOADS even before its official listing has caught the attention of investors. .
The initial success of DigiToads and the growing market demand for its native token in the pre-sale phase has crypto experts believing that this project may outperform major coins, including ETH, in the coming weeks and months.
For more information on DigiToads, visit the websitejoin the presale, or join the community for regular updates.
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