Shiba Inu, a community-centric meme coin that has grown to become one of the better-known cryptocurrencies, is facing stiff competition from new rival DigiToads. Although Shiba Inu has been in the market for some time now, with its only competition in the meme coin industry coming from Dogecoin, Shiba Inu has been facing a lot of pressure lately from the DigiToads project, which is threatening to revolutionize the meme coin industry.
Why DigiToads Is a Big Threat to Shiba Inu
One of the reasons why DigiToads is predicted to surpass the trading volumes of larger coins like Shiba Inu is due to its different approach to value. While Shiba Inu largely depends on speculation to drive its value, DigiToads has incorporated various mechanisms and features, to ensure that the coin is always valuable.
For example, $TOADS, the official token of the DigiToads ecosystem is designed to be deflationary. This ensures that the value of the token is always rising while still maintaining enough supply in the market. Additionally, the amphibious branding of the DigiToads project makes it appealing to meme coin enthusiasts, especially those looking to take a break from the much-hyped frog-themed coins.
Another reason for DigiToad’s success is its success in bringing together NFT and play-to-earn features to create an exciting web-3 game. In this game, players collect Digital NFT pets known as DigiToads and nurture them by buying items that feed and enhance the powers of their Toads. Every month, a competition is held where players battle their DigiToads to see which one’s win.
Those whose toads win are rewarded using 25% of the profits from in-game purchases. Since the DigiToads are also NFTs, owners can stake them into the DigiToads ecosystem and earn extra passive income.
However, that is not the only way to earn some extra cash in the DigiToads ecosystem. Every month, DigiToads will hold a trading competition where the top traders will receive a platinum toad. Platinum Toads give their bearer access to 1/12 of the DigiToads treasury, hence giving them a direct say in what happens to the funds collected by DigiToads.
Investors also stand a chance to win extra rewards in different giveaways that will be hosted by the DigiToads team. There are over $150,000 worth of giveaways that will all go to investors who actively participate in the presale. This is in addition to the amazing discounts that you will receive when you buy $TOADs tokens.
If you wish to participate in the DigiToads presale, this is your moment as only about 5% of the presale token is available, and judging by how fast the DigiToads presale has grown, the time to buy is now. You can buy Digitoads using Bitcoin, Shiba Inu, or Tron tokens.
DigiToads also has a Toads school that will offer courses that will help DigiToads investors become better market participants. As the DigiToads platform continues to work on its ambitious roadmap, students of the Toad school will have new opportunities to make use of their education to better the DigiToads platform.
In addition to finding numerous ways to benefit its investors and help them become better traders, DigiToads is also focused on environmental conservation, especially when it comes to preserving the natural habitats of toads.
Each month, DigiToads will donate 2.5% of its profits to a charitable organization that focuses on the reforestation and conservation of the Amazon rainforest. The charity to receive the funds will differ each month, and DigiToads token holders will have a say in which Charities get the donations.
Although it may not seem like such a big deal at first, DigiToad’s decision to support charities involved in environmental conservation is a great selling point that might attract even more investors to the project. In recent years, cryptocurrency projects have faced a lot of pressure due to their negative impact on the environment. A coin that takes steps to make the planet greener is not only more attractive to environmentally-conscious individuals but also sets a great example for other crypto projects to follow suit.
Final Word
It is easy to see why the DigiToads presale has been causing waves in the market. Nearing the end of the 10th stage of the presale, this project has sold more than 97% of tokens allocated to stage 7, leaving only a few coins for investors who still want to be part of $TOADS’ incredible growth. It’s no wonder cryptocurrency enthusiasts foresee a successful future for DigiToads. A future that many believe might involve competing closely with big meme coins like Shiba Inu and Dogecoin.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
