Bitcoin’s (BTC) next halving event will see its block reward halved, and the next one is anticipated to happen next year, in 2024. While the event is typically bullish, experts believe there is a coin with the potential to outperform Bitcoin (BTC) and provide even more returns as it gears up for its halving—DigiToads (TOADS).
DigiToads is no longer a newbie in the crypto space, as it has garnered huge popularity during its presale. With strong fundamentals, the NFT and gaming project is poised to skyrocket and surpass Bitcoin (BTC) in terms of growth.
DigiToads: The NFT and game-based coin is expected to soar
DigiToads is a full-utility coin that combines NFT, play-to-earn gaming, and the growth potential of memecoins. This has driven its popularity in the crypto space, with participation in its token presale high. It has been predicted by experts that it has the potential to increase by 30x after launch, which will likely exceed whatever increase Bitcoin (BTC) might have between now and its halving event.
DigiToad’s play-to-earn will host an exciting Web3 game in which users will collect, nurture, and battle DigiToads. The Swamp Arena, its metaverse, will be the battleground for DigiToads, with the player’s goal being to make their DigiToads the strongest in the arena. Additionally, its NFT marketplace will allow members to buy and sell its limited NFT collection on its marketplace.
The combination of DigiToad’s NFT and P2E will see it become a leading token in the coming months after launch. Other benefits of holding the token include staking rewards and voting rights. Additionally, its deflationary nature will drive its price up as its supply decreases over time.
DigiToad’s utility coin, TOADS, which will play a vital role in the ecosystem, is presently in presale stage 9. A TOADS token is currently worth only $0.047 and is poised to skyrocket once it launches on the main market exchanges. According to experts, it has the potential to outperform Bitcoin (BTC), and its cheap price also makes it a more viable investment. To position yourself better for its rally, click on the link below to participate in the presale.
Bitcoin’s (BTC) 2024 halving is expected to be bullish
Bitcoin’s (BTC) halving is a cycle where its block reward is cut in half every 210,000 blocks. The next Bitcoin halving will take place in 2024, with the date predicted to be April 26. On its halving date, the block reward will drop from 6.25 Bitcoin (BTC) per block to 3.125 per block. If historical data is to be trusted, the next Bitcoin (BTC) halving is expected to be bullish.
During the last Bitcoin (BTC) halving event on May 11, 2020, a bullish scenario occurred, which saw Bitcoin (BTC) rally from $6,877 on April 11, a month before the event, to $8,821, an increase of over 28%. A similar scenario might happen during its next halving, making now a great time to accumulate. Nevertheless, investing in DigiToads will likely offer more returns than Bitcoin will during its halving event, making it a better investment. So, investors shouldn’t get carried away by the hype around the event but invest in the project with the potential for higher returns.
Final Thoughts
2024 promises to be a bullish year, with Bitcoin’s (BTC) halving being one of the bullish events. While Bitcoin (BTC) is expected to be in an uptrend up until the halving event, DigiToads has been predicted to outpace Bitcoin (BTC). Its immense growth potential puts it in contention to achieve this feat, making it a compelling investment now.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
