Analysts suggest that DigiToads is a more favorable cryptocurrency to invest in due to its positive price trend. In contrast to Solana (SOL) and Filecoin (FIL) which have failed to regain their value in 2023.
Solana protocol, a faster and gas-free alternative to Ethereum, gained high market value soon after its launch. Just like most popular crypto that became some of the top leaders in the crypto market. Let us go back to its launch in 2017, this was the birth of Filecoin. A decentralized peer-to-peer network offers paid file storage to its users.
However investors are dumping Fliecoin at such a rapid rate in 2023, it is believed that they are now seeking a better and more profitable alternative. According to experts, DigiToads is that solid profit returning crypto to buy as an alternative to these falling cryptos.
DigiToads: A Promising Alternative to The Falling Cryptos
DigiToads is a solid addition to one’s crypto portfolio. The promising meme coin has hit the market by storm. Let us explore the world of DigiToads. With a toad as its mascot, this project takes investors and collectors on an exciting web3 journey, aiming to be the next big meme coin in the market.
DigiToads offers metaverse-focused features like trading, NFT staking, and P2E gaming. Additionally, this project aims to introduce real-world solutions by directing 2.5% of its profits to a charity that will help plant more trees.
Ongoing Presale Success:
DigiToads has been running through its presale stages quicker than initially anticipated. At present, they are at the ‘Lilypad 4’ stage, and the $TOADS token is currently priced at 0.02 USDT with over 81% of the stage sold. The $TOADS token price will increase gradually to the 10th and final presale stage. So far, with more than 135M $TOADS tokens sold, the project is already witnessing solid success and recognition in the crypto market.
NFT Staking Pool:
As a passive income solution for its investors, DigiToads funds its NFT staking pool with 2% of all the Toad tax collected from $TOADS transactions. With these funds, the platform plans to reward its community of NFT holders that plan to stake their NFTs. So the longer investors stake their collected TOADS NFT, the more rewards they can earn.
Fall in Solana Price:
Recently, Solana, the popular alternative to Ethereum, saw a 3x price increase in the summer of 2021. This price increase was evident after the NFT craze and a rise in demand in the DeFi community. But by the end of 2022, this increased value was almost gone. In fact, according to CoinMarketCap, the price of SOL reached 24.08 US dollars by April 16, 2023, a comparable price of Solana to what it was in 2021 as one of the best crypto.
The Sudden Drop in Filecoin Price:
Similar to Solana, Filecoin, which raised $205 million in an initial coin offering (ICO) after its launch in 2017, also saw a rapid decline in its price. Filecoin has been on a negative trend lately and appears to be heading lower.
The bears have taken advantage of the recent lack of purchasing interest, further pushing the price lower. Hence, the overall sentiment around Filecoin appears uncertain, with the bears gaining control of the FIL market.
Now with no substantial buying pressure or support levels, the price of FIL may fall further shortly if the bulls can reclaim control of the market.
Conclusion:
Considering the recent value drop of Solana and Filecoin, crypto experts believe these cryptos may not be able to reclaim their value in the market soon. Hence, DigiToads, already seeking recognition with its successful ongoing presale, is an ideal investment alternative promising 30x returns.
For more Information on DigiToads visit the website, join the presale, or join the community for regular updates.
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