Bitcoin falls from $28,000, DigiToads steady after presale growth and fundraising success
Bitcoin (BTC) is still the biggest cryptocurrency in the world, but it has been stumbling in recent years. Its price is below $28,000, more than half its Nov. 2021 peak when it soared to $68,700.
With thousands of cryptocurrencies on the market, many are looking for new products to invest in, paying keen attention to ones that provide practical benefits for holders. DigiToads has a clear roadmap, and the platform has several features that could change the decentralized finance (DeFi), non-fungible token (NFT), and meme coin worlds.
The DigiToads presale
DigiToads has raised over $3.5 million by selling over 83% of its coins at the presale stage. A token is currently sold at a fixed price of $0.027, but it is expected to increase in June 2023, which explains why it’s selling like hotcakes.
The DigiToads features are responsible for the heightened interest from crypto enthusiasts. It is a play-to-earn (P2E) and NFT-staking meme coin intent on building its metaverse known as The Swamp.
Token holders get rewards and enjoy chances to win cash prizes. Every TOADS transaction merits a 2% staking reward for NFTs. A total of $150,000 will be given away to token holders and crypto enthusiasts in daily and weekly prizes, which include cash at $1,000, $2,000, $5,000, and the grand prize of $50,000. Those who interact via Discord, Telegram, and Twitter, where DigiToads now has 14,600 followers and counting, can also win prizes.
The DigiToads treasury plays a vital role in keeping liquidity up. It supports a deflationary model that advances development. At the same time, the staking pool is always topped up, and TOADS holders can freely enjoy The Swamp.
The current stage is focused on the token presale, website development, token audit, and initial generation. The DigiToads media channels will go live with the NFT teaser by June.
There are still some ways to go before the official launch of DigiToads, but enthusiasts are excited about its potential. Pundits are especially bullish on their predictions of DigiToads because of its future listing on BitMart, with rumors that it will also be on Bitget, another cryptocurrency exchange.
What’s going on with Bitcoin?
Bitcoin has been up and down in the last couple of years. It hit over $30,000 in April but is back to around $27,800 in mid-May. Business magnate Warren Buffett called bitcoin a “gambling token” because it lacks intrinsic value.
That’s why newer cryptocurrencies include valuable features for people to get involved.
DigiToads, for its part, also adds eco-friendly nature to its system by giving 2.5% of its profits to organizations that plant trees.
Bitcoin remains the biggest name in the game. No matter how volatile cryptocurrency gets, people will always appreciate the decentralized nature of crypto assets. Still, newcomers are innovative and coming up with new features, as in the case of DigiToads. The meme coin is serious about revolutionizing the NFT marketplace, adding benefits to investments through rewards and prizes.
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