A healthy Bitcoin price is the recipe for a strong market that allows unique memecoins like DigiToads to smash through their price discovery range and maximize their full price potential.
Bitcoin to hit $100,000 may sound optimistic, but stranger things have happened.
The price has doubled since December, and if it can continue to climb and flip key resistance, this could easily mark the start of another bull run – which is when memecoins come into their own. However, it’s not a prerequisite; many memecoins explode even during crypto uncertainty.
Is DigiToads (TOADS) A Good Investment?
Most memecoins don’t utility as TOADS which sets them apart. Here are some of its key features that have many in the space already sitting up and taking notice. There’s a lot of interest in how high this price can go, given that it has generated over 2.3 million dollar before it’s even hit an exchange. BitMart is the exchange that will be the first, but not the last, to host this creative protocol.
The fully doxxed team behind DigiToads has focussed on the P2E aspect of this game. Not only can you take on other users to have your Toad reign supreme, but you can also build a path to owning The Platinum Toad, which is a mythical cool NFT, of which there are only twelve. You can get your hands on one if you are one of the most profitable TOADS ecosystem traders.
Contrary to popular belief, some memecoins have some utility and practical use cases, and TOADS is one of those coins. The Toad School aims to help you with free knowledge so that you are better equipped to navigate your trading journey, so long as you have three NFTs.
In addition, 2.5% of monthly profits will go to charities and projects that help maintain the rainforests, which shows that the team is committed to a long-lasting project that benefits the community and aims to give back to worthwhile ventures and with $150,000 worth of giveaways lined up, this is a significant project with big plans. So in answer to the question, TOADS has all the hallmarks of a solid project.
The Secret To Making Money With Memecoins
Ensuring that you identify a project in its initial stages and invest before it starts doing a 10x on an exchange is the crucial component differentiating an excellent investment from a decent investment. The best cryptos to buy are the ones where you can identify potential early, and DigiToads ticks many of these boxes.
With big plans to eventually launch a staking platform and for TOADS to become one of the most popular NFTs on the market, the project developers are dreaming big.
There are dozens of examples of memecoins with no utility exploding in value and doing a 100x, so the idea of one that gives back to charity and the community and incentivizes engagement isn’t out of the question. You can use multiple coins to purchase TOADS. It isn’t just a rug pull BNB project that many unsuspecting investors have unfortunately fallen for over the last few years.
Conclusion
Many memecoins are not considered credible crypto for a long-term investment. The primary reason is that they have no utility and no long-term plan. However, the developers of TOADS have taken considerable time and effort to ensure that their vision is broadcast in their impressive whitepaper.
Whether or not memecoins will have the same explosive growth we witnessed during the bull run of 2021 remains to be seen. However, many analysts have stated that if Bitcoin can push above $35,000 and stay there for a few weeks, we could see an investment avalanche move it back towards new highs.
If this is the case, there’s no reason why memecoins such as DigiToads will not be able to rocket in price. While market conditions can make or break specific projects, if the underlying fundamentals are solid and the overall project idea is unique, marketable, and facilitated by a reputable team, there’s no reason why it still shouldn’t bring some serious gains irrespective of the market conditions it faces when it first hits an exchange.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
