Dogecoin (DOGE) and Shiba Inu (SHIB) have captivated the crypto community thanks to their high volatility attributed to hype and speculation. However, their lack of utility has seen them come under pressure as the focus shifts to projects addressing real-world problems. DigiToads (TOADS) is the newest addition dominating the meme coin sector and poised to perform better than its predecessors owing to its full utility around NFT staking, trading and play-to-earn gaming.
DigiToads A Full Utility Meme Coin on The Rise
DigiToads is the new meme coin making its way to the top backed by proven utility and use cases unlike Dogecoin and Shiba Inu. The project has already raised over $3 million in presale from investors buying into its unique approach around play-to-earn (P2E) gaming and NFT staking.
The top tier meme project stands out for merging blocking technology and P2E. Consequently, it has launched a thrilling Web-3 game that provides exciting and fun ways of earning while playing the game. Gamers only have to purchase and nurture avatar like creatures dubbed DigiToads.
The ultimate goal is to ensure one’s avatar is the strongest and the biggest in the swamp arena for an opportunity to earn some TOADS tokens at the end of each gaming season. By simply purchasing food and training equipment, players can ensure their avatars develop unique characteristics and become the strongest. DigiToads has already set aside 50% of all funds generated from the sale of in game items to be used to reward players who come out on top in the leaderboard
DigiToads has also sought to enhance its utility beyond the hype of Dogecoin and Shiba Inu by enabling the staking of non-fungible tokens and NFTs on its network. People will be able to stake NFTs on the staking platform for an opportunity to earn some passive income.
It has also taken utility in the meme coin space to a whole new level by enabling monthly trading competitions providing yet another avenue for people to earn. The trading competitions are designed to enhance trading volume in the ecosystem. People who win the competition will walk away with Platinum Toads which grants them access to 1/12th of tokens on the TOADS treasury.
TOADS is the ERC20 deflationary token that powers the DigiToads ecosystem. While functioning as the main currency, it offers holders an opportunity to pay for transaction fees and buy in game items. With a supply of 585M, there is a token burning mechanism that will ensure supply dwindles over time as a way of fueling scarcity to drive value.
>> Buy DigiToads Now <<
Dogecoin Waning Support
Dogecoin is arguably one of the most successful meme projects attributed to the attention it has received from celebrities like Snoop Dogg and Twitter owner Elon Musk. While DOGE is the native token that powers the ecosystem, it has underperformed significantly.
The token is up by just 6% for the year signaling people are increasingly losing touch with it. The underperformance has everything to do with the fact that DOGE lacks proven utility as is the case with the TOADS token.
Over the years the token has only traded and appreciated based on the hype and speculation of high-profile personalities. Its lack of real-world application as is the case with DigiToads remains its biggest undoing
Shiba Inu Falters on layer 2 Solution
Like Dogecoin, Shiba Inu is also one of the most popular meme coins. However, it has underperformed the broader sector. Its native token SHIB is only up by about 10% compared to a 70% gain for Bitcoin. While Shiba Inu has tried to enhance its utility and use case it has faltered along the way
The launch of Shibarium, a layer 2 scaling solution that was expected to make Shiba Inu faster, cheaper and easier to use, has been delayed significantly. The layer 2 scaling solution was expected to make Shibarium attractive to developers looking to develop decentralized applications. However, that has not been the case.
Consequently, people have been losing touch with the project in favor of DigiToads which boasts of real-world application
Bottom Line
DigiToads has what it takes to dwarf Dogecoin and Shiba Inu as the next big meme coin thanks to extraordinary utility around P2E gaming, NFT staking and trading competitions. By providing people an array of ways of earning on the blockchain, it has set itself for tremendous success beyond the hype and speculation that most meme coins are associated with.
The raising of over $3 million in presale underscores DigiToads’ growth potential. Likewise, it remains a solid bet for people yearning for exposure in the sector as analysts are projecting gains of over 500% on listing in a major exchange.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.