Benzinga - The cryptocurrency world has always been unpredictable, and the recent bear market has made it even more challenging for established cryptocurrencies to maintain their positions. However, amidst all the chaos and uncertainty, one project seems to defy the odds.
DigiToads, a newly released crypto, is already making waves in the market. Despite being in its first stage of the presale, the project has managed to raise an impressive $410K, which indicates its potential for massive future growth.
This article will delve deeper into what sets DigiToads apart from its competitors.
>> Join DigiToads Presale
What is DigiToads? Is it a cryptocurrency to keep under your radar?
DigiToads is a newly released Ethereum-based meme coin with play-to-earn features. The project offers its custom and entertaining Web3 game where players train Toad-NFT pats, upgrade their capabilities and participate in combat. Whoever ranks in the top 25% on the leaderboard is rewarded handsomely with 50% of the prize funds.
This prize fund is raised from in-game asset purchases, and besides proportionally awarding the winners, it also distributes 10% to the rest of the players. This encourages community members and facilitates their long-term commitment to the project.
Another exciting opportunity for the community members is Platinum Toad rewards. Platinum Toad is for those who win monthly on-chain trading competitions. With the Platinum Toad, the winner gets access to 1/12 of the treasury, trades with it, and receives a massive 10% share from the profits.
However, the team acknowledges that only some are trading experts. Therefore, the project also introduces Toad School - an elite online trading course led by market veterans. Anyone holding three or more Toad NFTs can get access to this school, learn basic and advanced trading, and use the knowledge to grab Platinum Toad in monthly trading competitions.
At its core, DigiToads is a deflationary token. Meaning only 585 million TOADS are circulating, with automated burning mechanisms further reducing the number. This guarantees the scarcity of the token, helping the price to grow once the demand increases.
Currently, DigiToads is available for sale from their official website for the price of 0.01 USD. To purchase, simply create an account, connect the wallet, choose the funding method, and the amount of TOADS you wish to purchase. The project supports 17 different currencies for payment, including large and small-cap cryptos and stablecoins.
There are only a few days until the next price hike, and investors appear to be scrambling to purchase the token at its lowest price to benefit handsomely on paper before the launch.
After discussing the features and utility of DigiToads, it's no longer a surprise how the team managed to raise over $410K in just the first few weeks of the presale.
Bottom line
Overall, With its innovative features, DigiToads has already gained traction among investors, and its potential for growth in the future is significant. As the competition in the cryptocurrency market intensifies, DigiToads looks to be one to watch out for in 2023.
For More Information on DigiToads visit the website, join the presale or join the community
This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.
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