The prevalence of memecoins speaks volumes about the crypto community. When Billy Markus and Jackson Palmer started Dogecoin (DOGE) in 2013, it is doubtful they realized it laid the foundations for a multi-billion dollar asset just a decade later. But the memecoin landscape is shifting and reshaping; the rallies of memecoins driven by stimulus cheques will not return until the economy improves. But Pepecoin (PEPE) and DigiToads (TOADS) are pioneering a new generation of memecoins, especially DigiToads, which takes the best elements of memecoins- their ability to explode in value- and underpins with solid fundamentals creating a never seen before utility memecoin flywheel.
DigiToads (TOADS) The Frontier of DeFi
What if a team of developers who had a deep understanding of game theory, mathematics, and tokenomics created a project with a viral mascot? The result would be DigiToads. This brand-new entrant in the DeFi space pushes the boundaries of what is possible, and the numbers do not lie. TOADS has already raised a staggering $4.55 million; analysts expect this is just the beginning.
The DigiToads ecosystem, known as The Swamp, has been crafted specifically to benefit holders, and a dive into the project’s whitepaper reveals an incredibly solid protocol. DigiToads features numerous mechanisms not seen in DeFi before, such as its Platinum Toads program. The winners of on-chain trading competitions are designated control of 1/12 of the Treasury and allowed to keep 10% of all the profits generated.
Throughout the presale, 3,500 NFTs will be minted, and these NFTs will become primitives within The Swamp with staking capabilities. All owners who stake their NFTs will receive residual income in the form of TOADS, funded by intricate tokenomics that also burns 2% of every transaction, leading to a constantly decreasing total supply of TOADS. And when demand stays constant while supply reduces, the price only goes one way; up.
Users lucky enough to hold 3 Toads NFTs will gain entrance to the school of Toads which will deliver an entire trading course and perhaps allow users a chance at getting their hands on a rare Platinum Toad. Beyond this, DigiToads plans to launch the Trading Post, a decentralized exchange that will give the TOADS token deep liquidity and be another source of revenue for the ecosystem.
All TOADS holders will receive monthly airdrops from in-game purchases from the Toad-Cade, the play-to-earn game of the ecosystem. DigiToads even donates 2.5% of profits to rainforest preservation and has a detailed roadmap to become a full suite of DeFi products. DigiToads is one of the altcoins to watch, and with analysts forecasting TOADS trading above $1.40 before the year closes. It may well be the best crypto investment of 2023.
Pepecoin (PEPE) New Memes New Money
Pepe (PEPE) launched in April and rocketed to stardom. Unfortunately, it pulled back just as quickly. But frogs have a habit of leaping, and when a bottom forms, investors who take long positions will likely reap hefty profits.
Pepe took the opposite approach to DigiToads, and where the original memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have attempted to pivot towards utility with the introduction of Dogechain and Shibarium, Pepe (PEPE) fully committed to the path of a ‘true memecoin.’ It possesses no intrinsic value outside of speculation. It leveraged the traits of the crypto community to become one of the most traded alt coins, and the famous mascot Pepe who has already been turned into cool NFTs hundreds of times, finally found viral success in a Uniswap liquidity pool.
Why Utility Will Prevail: DigiToads the Leader of the Next Generation
Both DigiToads and Pepe (PEPE) deserve the ranking of top altcoins. Still, DigiToads has extracted the viral element from memecoins, blended it with a passive income, community focus, and created a great flywheel. The Swamp will absorb vast amounts of liquidity, and when the residual income flows begin, demand for TOADS will once again increase, bolstering liquidity and increasing earnings of TOADS holders, thereby again increasing demand for TOADS.
The DigiToads protocol is a masterclass in multi-sided platforms. With no vesting period for presale participants and a dynamically adjusting price as demand increases, investors would be foolish to miss out on this journey. Join the DigiToads presale today and be a part of the next generation of memecoins, not a bystander but an active participant in this new and exciting decentralized economy.