Since the introduction of altcoin into the world of finance, it has proven beneficial for individuals who invest in it. Concepts such as blockchain technology and the decentralization associated with cryptocurrencies have also helped provide passive and residual income for users around the globe.
Unlike centralized institutions such as lending systems and banks, cryptocurrencies and the DeFi market are gradually ending the use of third-party bodies while providing investors with great returns.
Big names in the crypto industry, such as Dogecoin (DOGE) and Shiba Inu (SHIB), are credible crypto assets providing their users with many benefits. DigiToads (TOADS) is a new cryptocurrency that aims to provide even greater benefits than these older cryptocurrencies.
Keep reading to find out how DigiToads (TOADS) aims to challenge the popularity of Dogecoin (DOGE) and Shiba Inu (SHIB).
DigiToads (TOADS) is Gaining Traction in the Crypto Industry
DigiToads (TOADS) is a new meme cryptocurrency project quickly reaching the top of the industry charts. In the DigiToads (TOADS) ecosystem, players collect, nurture, and prepare their avatars for battle. These players use the TOADS tokens to purchase items and upgrades that will facilitate the growth of their avatars.
These TOADS tokens are ERC-20 coins that serve as the main currency of the DigiToads (TOADS) project. They also serve as a means of rewarding their holders by allowing them to earn residual income.
The DigiToads (TOADS) project utilizes NFT staking, P2E gaming, and a unique feature known as trading competitions to further the growth of its ecosystem. These trading competitions will occur monthly, and winners will be rewarded with Platinum Toads. Platinum Toads are credible crypto assets that grant their owners unrestricted access to 1/12 of the TOADS from the Treasury allocated for trading.
Dogecoin (DOGE): The Pioneer Meme Coin of the Crypto World
Dogecoin (DOGE) is a peer-to-peer cryptocurrency considered one of the biggest meme coins in the crypto world today. Dogecoin was created as a means of satirizing the concept of cryptocurrencies. This altcoin received a lot of hype from social media and important personalities like Tesla’s CEO, Elon Musk.
DOGE is the Dogecoin (DOGE) ecosystem’s primary token, used to power transactions performed on the ecosystem. It is also used as a currency for major businesses such as the Dallas Mavericks and Elon Musk’s SpaceX.
Shiba Inu (SHIB) is Changing the World of Meme Coins
Introduced into the DeFi market in 2020 by an anonymous entity under the pseudonym Ryoshi, Shiba Inu (SHIB) is a meme cryptocurrency variant of the script-programmed Dogecoin (DOGE).
This Ethereum-based altcoin has an ecosystem with three main ERC-20 coins: SHIB, BONE, and LEASH. The SHIB token functions as the ecosystem’s foundational currency. However, the primary purpose of the LEASH token is to incentivize users to become liquidity providers (LPs) in the Shiba Inu (SHIB) ecosystem and offer them rewards. The BONE token plays a role in governance by allowing members of the Shiba Inu (SHIB) community to develop and vote on improvement proposals that will lead to the ecosystem’s growth.
DigiToads (TOADS), currently in the third stage of its presale, has raised over a million dollars with over one hundred million of its tokens sold. This growth trajectory has helped to place DigiToads (TOADS) among the high-league cryptocurrencies in the DeFi market. With the excitement around DigiToads presale figures, DigiToads is being rightfully predicted by analysts as the coin of 2023 and the one not to miss out on.
Keywords: DigiToads, TOADS, Dogecoin, DOGE, Shiba Inu, SHIB, ERC-20 coins, DeFi market, altcoin, credible crypto