The crypto market might have stagnated, but there is no limit to the opportunities available as other altcoins remain active as ever. Polkadot (DOT) and DigiToads (TOADS) are some projects that experts foresee exploding owing to their unique features and solid growth potential.
DigiToads Gaining Traction as the New Meme King
DigiToads has been gaining traction in presale as the new meme king owing to its unique features and utility that affirms its use case. The sale of over $4.3 million worth of TOADS, the native token, in presale attests to the strong interest and demand in the market. In addition, the token is up by more than 140%.
While Dogecoin (DOGE) and Shiba Inu (SHIB) have grown in popularity due to hype and speculation, DigiToads has set itself for success around play-to-earn (P2E) gaming and NFT staking. The revolutionary project also underpins its success in trading competitions while targeting sustainably focused users.
The project has been making headlines in presale owing to its unique, thrilling Web 3 game that offers people a way of earning while doing what they love. In the play-to-earn game, people only have to acquire and nurture their DigiToads with the aim of making them the strongest and largest in the swamp metaverse.
DigiToads has already set aside 50% of all profits generated from the sale of in-game items to be used in rewarding players who come out on top in the P2E game. Gamers with the strongest and largest DigiToads are to be rewarded in TOADS tokens.
Staking is also set to play a pivotal role in the ecosystem, with DigiToads offering a way for people to stake their best NFTs to earn rewards. The NFT staking platform will create a passive income stream for users with the allocation of 2% of TOADS transactions into the pool for rewarding people.
DigiToads utility does not stop by combining NFT staking and P2E gaming to create an engaging user experience. It is also set to run monthly trading competitions, offering another avenue of earning in the ecosystem. Traders with the highest trading volume are poised to earn Platinum TOADS as part of the reward scheme.
In addition, it is committed to environmental conservation by pledging 2.5% of its profits to support charities focused on replanting trees and conserving rainforests. The dedication to environmental conservation adds another layer of appeal that’s enticing.
TOADS is the defi token that will serve as a medium of exchange in the ecosystem. As a deflationary token, its supply will decrease over time thanks to a token-burning mechanism expected to help increase each token’s value. In addition to profiting from TOADS price appreciation, people can also use the token to pay for transaction fees and purchase in-game items.
Polkadot Powering Web 3 Revolution
Like DigiToads, Polkadot is another project destined for explosive moves in 2023 amid an increased focus on decentralized networks and blockchain technology. There is no doubt that Web3 is the future of the Internet as blockchain networks move to replace the current version of the Internet dominated by large companies.
Likewise, Polkadot is poised to play a key role in the Web 3 revolution as a network that interconnects various blockchains, allowing them to share data securely and efficiently. Its edge stems from its massive scalability and effortless interoperability. Developers who create blockchains and parachains will need a network that allows easy data and information sharing. Consequently, most are likely to end up at Polkadot.
DOT is the native token that should continue to elicit strong demand as a governance token that validates Polkadot network transactions. The token is already up by more than 20% for the year, affirming its strong interest in the market.
Bottom Line
DigiToads’ presale success has been impressive, with more than $4.3 million generated. The figure is increasing by the day as more jump to the opportunity of infusing in a highly discounted project with tremendous potential. Experts are already predicting gains of over 1000x as the TOADS token continues to eclipse crypto majors in real-world application and popularity.
For more information on DigiToads, visit the website, join the presale or join the community for regular updates.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.