Meme coins are cryptocurrencies based on viral memes and these are among the most profitable digital assets in the global financial services market and have an international fanbase that includes the likes of Tesla CEO Elon Musk. With a huge market capitalization, these tokens draw their relevance from memes, and their value is correlated to their popularity on the internet and how fast their fan community grows. The earliest meme coins that were rolled out almost a decade back are still among the most sought-after crypto options. Take the example of Pepe Coin, which was launched earlier this year and has already smashed several crypto records with its market performance. Among the new kids on the block, DigiToads is among the meme coins that have been innovating rapidly with a unique economic model and next-generation code architecture. If you go by the reviews of analysts, it’s clear to see that DigiToads is no ordinary crypto token as it’s a powerhouse of features that strikes a delicate balance between versatility and functionality. The following list features four other meme coins that have the potential of not only maximizing your returns but also diversifying your portfolio.
1. DigiToads: Unravelling the profitable side of decentralized finance
Curious about DigiToads’ rise to become one of the best new icos? It’s not difficult to understand once you see how well it has combined the utility of three cryptocurrency models to create a hybrid token. The DigiToads platform sports the functionality of a meme coin, a stake-to-earn platform, and a Web 3.0 game. If you are someone who doesn’t have a lot of experience in the crypto market, DigiToads can be an ideal option for learning about cryptocurrency trading for beginners as it has an easy-to-use interface. You can learn all about staking digital assets like NFTs, trading crypto tokens, and participating in exciting play-to-earn games. It has a native token called TOADS that’s your gate pass to all opportunities. It is presently available on presale and there are six more stages planned for the presale.
The loyal community of supporters DigiToads has managed to build in a short time will likely ensure its success in the long term. The presale events have managed to attract the attention of many buyers.
DigiToads’ exciting Web 3.0 game is one of the reasons why it is considered among the best new icos to be launched in recent times. The game requires players to score the highest by beating their competitors in a virtual swamp and winning TOADS tokens in prizes. For help, players have to procure digital beings called ‘DigiToads’ which can give you an upper hand in the game with their special abilities. One can also buy food, potions, and training equipment for DigiToads for that extra boost and pay for them with TOADS Tokens. The team would be depositing 50% of the proceeds from the sale of these items into the prize pool for the competition. The players with the highest scores are announced as winners and rewarded with TOADS tokens.
The total quantum of tokens available on the network is 585 million. Of this, over 69% will be diverted for the presale stages and for financing rewards and bonuses for the community members. Next, the team would be reserving 13% of the coins for maintaining the liquidity pool and other miscellaneous tasks like public releases. Another 7% of the TOADS tokens will be allocated for organizing competitions and giving away prizes. The remaining 10% supply will be divided equally between tokens for team members and activities for developing the DigiToads ecosystem.
The DigiToads team’s plans for the future include setting up a think tank where people could attend online sessions on cryptocurrencies and blockchain technology. To access these sessions, a user must own a minimum of three TOADS NFTs. The DigiToads team would be donating a portion of the project’s annual profits to organizations that are working in the field of environmental conservation, especially for the preservation of rainforests. These organizations would be selected by the community members, who will be actively participating in the decision-making and governance of the platform.
2. Floki Inu: A high-utility meme coin
Floki Inu’s success as a top altcoin comes as a surprise to many if you consider its background. It was originally developed by an anonymous developer who jumped the ship shortly after. By then the community was already 40,000+ strong and the members took over the reins of the platform. They relaunched the project with a revamped platform and the rest as they say is history. The meme coin has its native token called FLOKI. The FLOKI token’s supply is capped at 10 trillion. What’s unique about this crypto token is that it is modeled both on the ERC-20 and the BEP-20 protocols of the Ethereum and Binance Smart Chain networks, respectively.
Currently, the team is working on four flagship projects which include an NFT-based gaming metaverse called ‘Valhalla’ and an NFT marketplace. The marketplace would also sell fan merchandise and will be called the University of Floki. Other projects in the pipeline are a content and education platform. At the same time, the Floki Inu team is working on rolling out a set of DeFi tools to promote the reach of the Floki Inu network.
3. Tamadoge: A metaverse to raise pets
Tamadoge holds a pride of place in the cryptocurrency market for its nuanced utility and has been referred to as the best cryptocurrency to buy by several analysts. It’s a blockchain project that was released in 2022. The meme coin’s ecosystem is inspired by virtual pets which are represented as NFTs. Users can buy these NFTs and then raise their digital pets, monitor their growth, and even participate in duels with them to beat competitors. Its native token TAMA is the primary crypto token of the network. Using the token, the players interact with the digital pets in the metaverse for a chance to win lucrative crypto rewards. These NFTs can be purchased, sold, or traded in a marketplace designed by the Tamadoge team. Over time, the team plans to drive impact with technologies like blockchain gaming, Metaverse, and NFTs. The TAMA token is secured by the proof-of-stake consensus algorithm and its smart contracts have been audited by Solid Proof. The token supply is capped at 2 billion and half of the supply was reserved for presale deals. The team decided to reserve 30% of the tokens for developing the platform and allocating the remaining 20% for the liquidity pool.
4. Dogelon Mars: A top altcoin with a bright future
Named as one of the altcoins to watch out for in 2023, the Dogelon Mars is a leading meme coin that is powered by Ethereum and Polygon networks. The meme coin is inspired by several viral memes on the internet and it aims to emulate the success of other famous meme tokens like Shiba Inu and Floki Inu. Its native token is ELON and with the support of a loyal community on Twitter and Telegram, Dogelon Mars is fast becoming a top altcoin that caters to a diverse global populace. What makes Dogelon Mars unique is an interesting storyline. According to the team, the protagonist of the story is Dogelon who is on a journey to unravel the mysteries hidden in the galaxy and is trying to recolonize his home planet with the help of his friends. The Dogelon Mars website also features a comic series on the adventures of Dogelon on Mars.
5. Pepe Coin: A classic meme coin with new-age features
Pepe Coin is a top altcoin that is powered by the Ethereum network. It is inspired by memes on ‘Pepe, the Frog’ which was the brainchild of Matt Furie and was created in the 2000s. It aims to cash in on the success of other popular meme coins like Shiba Inu and Dogecoin. Its native token PEPE sports an in-built deflationary mechanism where token supply is intentionally kept scarce to control price fluctuations. The platform has a staking mechanism where token holders can deposit tokens to validate transactions processed on the Pepe Coin network and earn rewards in exchange. What adds to the charm of Pepe Coin is that it’s built using the proof-of-stake consensus mechanism.
Is DigiToads the best new ico? Here’s what analysts are saying
Hopefully, these five meme coins are enough to answer your queries about what cryptos to buy now. These meme coins enjoy the confidence of crypto users worldwide as they have time and again proved their mettle with record-breaking returns. As far as features go, they promise the best of utility, security, and reliability. What’s more, is that they can be easily accessed on any leading decentralized exchange and are ideal if you are looking to learn more about cryptocurrency trading for beginners. But do you know which of these meme coins has been getting rave reviews from cryptocurrency analysts? It’s DigiToads. Experts have awarded this meme token full marks for the way it enables users to create a sustained source of passive income through its platform. Plus, its community-centric and decentralized governance enables them to participate in operations and shape its vision for the future. A prime example of this approach is the way the DigiToads team plans on roping in community members for managing the treasury fund. As these members will be selected via trading competitions, the team will be ensuring that the most skilled traders of the DigiToads community are selected.
Of the analysts who have placed the TOADS token on their best cryptocurrency ico list, many feel that it has the momentum to drive financial impact in the long run for its users. A section of experts has even suggested that the token has the potential to cross the 50x mark and is likely to outdo even Pepe Coin in the near future once it gets listed on mainstream exchanges.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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