The US market uncertainty has made several leading DeFi companies stagnate, including Ethereum and the layer 2 scaling solution Polygon. The growing concerns about the US defaulting on its debt are pressuring the markets.
However, DigiToads is one meme coin seemingly unaffected by this turmoil – in only a few weeks, it has already delivered 260% gains to its holders and is likely to outperform leading DeFi blockchains like Ethereum and Polygon this year.
DigiToads Meme Coin to Outperform Market Leaders
DigiToads is a new viral meme coin that, according to top experts, is likely to outperform many mainstream alt coins. Despite being a new project, it hasn’t failed to attract attention thanks to its utility and many practical features focused on long-term profitability.
DigiToads is ahead of its competitors from multiple perspectives. First of all, no other meme coin so far has managed to offer such a competitive, rewarding use case as DigiToads. The platform offers a play-to-earn game that features DigiToads, digital characters represented by NFTs, which can be raised and leveled up in order to win competitions.
The players in the DigiToads universe receive cryptocurrency as a reward in several ways. Up to 50% of the revenues from selling in-game items will be distributed to the top 25% of players. An additional 10% of revenues will be distributed to all TOADS holders, which means you don’t need to play the game in order to grow your crypto portfolio.
Another disruptive feature is the NFT staking pool. Each investor has the opportunity to generate additional income by buying and staking cool NFTs. The staking pool collects a portion of all the transactions on the platform and pays rewards to all users who staked NFTs. Also, each NFT comes with an equal percentage of the staking pool, incentivizing investors to hold their digital assets in the long term, which benefits the entire community.
Apart from these features, DigiToads will also organize a trading course and trading competitions, and anyone who joins the presale now will be enrolled in the weekly giveaways worth $150,000. Also, unlike many other meme coins and even leading coins, DigiToads aims to make a positive change in the world by supporting charities that help to replant trees in the Amazonian Rainforest.
Ethereum & Polygon Stagnate Amid Economic Uncertainty
May was one of the worst months of this year for Ethereum. Among regulatory and debt ceiling concerns, market participants are closely watching the situation in the US.
Polygon shed about 8% of its value in the past month. Despite the newest update being implemented, the price action refused to pick up the pace. This does not come as a surprise since Polygon is a layer 2 scaling solution for Ethereum – a decentralized platform that operates on the Ethereum blockchain.
These are some of the main reasons why both Ethereum and Polygon are eclipsed by the huge gains in the meme coin market. DigiToads, in particular, has stolen the limelight thanks to its innovative concept that promises to revolutionize this high-growth market by offering the first utility token based on the popular image of a toad.
Summary
DigiToads is rising as a prominent cryptocurrency thanks to its many practical features, ways of generating passive income and making a positive change in the world. These are some of the main reasons that make TOADS a credible crypto that could outperform established DeFi leaders like Ethereum and Polygon, which derive their value from increased crypto adoption and dApp development, among others. This could be the right moment to buy TOADS, still in the presale stages, before it hits the exchanges and reaches for the sky.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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