Shiba Inu (SHIB) has gained popularity in the cryptocurrency market due to its meme-inspired theme and outlandish performance. However, some investors may seek more exciting alternative altcoins that still have the potential to go to the moon. In this article, we will explore five alternative altcoins with different use cases and greater growth potential.
- DigiToads (TOADS)
- Dogecoin (DOGE)
- Tamadoge (TAMA)
- Metacade (MCADE)
- Fight Out (FGHT)
DigiToads (TOADS)
For many reasons, investing in DigiToads (TOADS) is a thrilling prospect. Initially, the project is creating a P2E web3 game in which players may gather, train, and battle many DigiToads, each of which has its own special traits, advantages, and disadvantages. The project’s native currency, TOADS tokens, can be used to buy in-game things like food, potions, and training gear that can improve the power and abilities of the players’ DigiToads. Toads tokens will be awarded to players who place in the top 25% of the leaderboard at the end of each season, and 50% of the money made from in-game item sales will go toward a prize fund that will be divided among the top 25% of players. Players now have a real chance to make money while having fun with the game thanks to this.
DigiToads also prioritizes community, and the concept is designed to continuously reward TOADS holders. 10% of the money raised each month is airdropped to token holders, giving them a steady revenue stream and encouraging them to hang onto their tokens. Also, 2% of each TOADS transaction is contributed to the staking pool, which is then given to NFT holders who have chosen to stake their NFTs on a regular basis in order to support the NFT staking platform. Rewards increase in value as more NFTs are held.
To increase user numbers and trade volume, DigiToads also hosts monthly trading competitions on the blockchain. The owner of a Platinum Toad has remote access to 1/12 of the TOADS treasury, which can be traded, and monthly prizes are given out. The 12 traders with a Platinum Toad split 10% of all trading gains for the treasury as an incentive to grow it, making sure that the greatest traders in the community are in command and that the community is in control.
To sum up, DigiToads is developing a vast ecosystem that offers a variety of ways to make money and interact with the community. The project takes a novel approach to blockchain gaming because it focuses on collectible NFT toads. Don’t miss the opportunity to become a member of the DigiToads community and benefit from its advantages while the presale is still going on.
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Dogecoin (DOGE)
Launched in December 2013, Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. Shiba Inu dogs are the subject of a well-known internet meme, which inspired both its name and logo. DOGE was created as a lighthearted parody to be used as a tipping tool for content makers, but it has since gained value and popularity, ranking among the top 20 cryptocurrencies with a market cap of over $1 billion in 2018. Although it is not as safe or decentralized as Bitcoin, DOGE is built on the Litecoin blockchain and runs as a permissionless network that enables users to send DOGE to one another in a cryptographically protected method.
Tweets by Tesla CEO Elon Musk, who has been a strong proponent of the cryptocurrency, have also had an impact on DOGE’s value.
With Scrypt-based cryptocurrencies like DOGE, one normally needs a computer, one or more ASIC miners, power supply for the miners, a mining pool account, access to reasonably priced electricity, and a DOGE wallet to receive rewards from the mining pool.
On March 15, 2023, $10 invested in DOGE would have been equivalent to $44,050 if it had been done five years earlier.
In summary, DOGE is a digital currency built on the Litecoin blockchain that functions as a permissionless network and enables users to send DOGE to one another securely using cryptography. Elon Musk’s tweets have contributed to its enormous value increases in 2021, and it can be mined using specialized machinery.
Tamadoge (TAMA)
The cryptocurrency Tamadoge (TAMA) has lately come to light as a meme coin with growth potential. Despite only being recently established, Tamadoge already has over 10,000 subscribers in its official Telegram group. Although Tamadoge has a modest market valuation for a token, recent trading activity implies that investors are currently negative on the token.
Nonetheless, there are signs that Tamadoge may rise sharply in value in the future. For instance, the project is anticipated to have a number of P2E components by the end of 2023, such as an AR app, a P2E arcade, and various metaverse partnerships. As a result, by the end of 2023, the token may trade between $0.05 and $0.3.
TAMA has a total supply of 2 billion tokens, with 1 billion tokens made available during the presale round. The remaining 30% of TAMA tokens have been reserved for mining over the next 10 years, and the final 20% has been set aside for the exchange pool.
TAMA is also the currency at the center of the Tamaverse, which allows users to create, breed, and care for Tamadoge creatures. The Tamaverse is a decentralized virtual world built on blockchain technology. The TAMA token is used to purchase items and interact with the Tamadoge ecosystem.
Metacade (MCADE)
Recently, the community project known as Metacade (MCADE) raised more than $10 million. It aims to become a decentralized autonomous organization (DAO) through governance voting, allowing MCADE holders to directly influence the project’s direction. Players can communicate and compete in games on the blockchain-based Metacade gaming platform.
One of Metacade’s important traits is the democratic approach it has taken through its DAO. This ensures that the initiative constantly gives its members’ needs first priority. It is believed that the project’s democratic methodology distinguishes it from other gaming platforms. Moreover, researchers predicted that MCADE presale might rise by 300%.
The development of an ecosystem where players are inspired to enhance the platform is the aim of Metacade. The project will hire developers, build out its infrastructure, and increase its user base with the funds raised. The ability of Metacade to entice and retain users will be crucial to its success.
In the end, Metacade is an intriguing community project that aims to revolutionize the video game business using its own DAO philosophy. Such a platform is in great demand, as shown by the project’s significant investment and attention. The ability of Metacade to deliver a superior gaming experience and build a loyal user base will be crucial to its success. With its emphasis on user requests and democratic mindset, Metacade has the potential to rule the video game industry.
Fight Out (FGHT)
The Play-to-Earn game Fight Out (FGHT) seeks to completely change how fitness enthusiasts prepare and compete. To carry out its game-changing project intentions, Fight Out, according to their website, has put together a team of skilled Web3 engineers and fitness fanatics. Users of the site can level up their health, collect awards, and engage in metaverse competition because of the network’s web3 ecosystem.
Fight Out runs on a blockchain network that provides users with DeFi (decentralized finance) functionality and prizes. By taking on various fitness tasks and challenges, users may earn FGHT tokens, which can be exchanged for real money or used to buy virtual goods in-game.
Fight Out’s gameplay is centered around physical exercises like weightlifting, cardio, and martial arts. In a virtual arena, players can compete against one another, with prizes given out according to how well they do. In order to build a virtual fitness community, the platform also provides elements like player customization, equipment upgrades, and social networking.
In conclusion, Fight Out is a Play-to-Earn game that combines blockchain technology and fitness in a novel way. By awarding users with FGHT tokens, which can be used for a variety of things, the platform hopes to encourage users to live a healthy lifestyle. Fight Out is poised to transform how people approach fitness and gaming with its web3 platform, DeFi features, and fitness challenges.
Don’t Fade DigiToads (TOADS)
DigiToads is a high-growth token in the world of GameFi. DigiToads offers a P2E gaming platform where players can collect, nurture, and battle unique DigiToads. The game provides various benefits to players, including the chance to earn real money through its prize pool. DigiToads is also community-oriented, offering NFT staking and trading competitions with prizes. The presale of DigiToads is an opportunity not to be missed.
When the market understands the multiple streams of residual income paired with the popularity of the P2E model, analysts quietly expect that TOADS could do more than 50X in 2023 alone. Investors should not miss this opportunity. Pair a micro-cap project with an excellent value proposition, and you have a recipe for a project that can really tear through the rankings and possibly even disrupt the entire status quo of GameFi.
