Chainlink is one of the most promising DeFi companies in the market but has recently faced challenges. Despite the bearish pressure, some remain optimistic, especially thanks to recent developments, as we discuss below.
Meanwhile, DigiToads (TOADS) remains the steadfast choice for investors, raising over $6 million in capital at press time. The new altcoin is making waves in the meme coin industry thanks to huge presale success and support from investors, traders, and gamers alike.
DigiToads Raises Over $6m, Remains the Steadfast Choice for Investors
DigiToads is a rising star in the crypto market and has captured the online community’s interest with its huge potential for exponential gains. At the core of the project, gamers can join the immersive world of the Swamp, which is populated by toads, characters represented by unique NFTs. These toads can be nurtured, improved, and each one is unique in terms of strengths and weaknesses.
The play-to-earn environment is not only attracting people in need of entertainment but also for those who want to grow their crypto portfolios. This is because of the gaming competitions, where 25% of the top players will receive 50% of the revenues collected from selling in-game items. At the same time, 10% of these revenues will be distributed to all token holders, allowing investors to grow their wealth passively or generate income each month.
Another feature that makes DigiToads the steadfast choice for investors is the stake-to-earn mechanism. In other words, investors who hold TOADS erc20 coins can buy NFTs and stake them in exchange for passive income. The longer you stake the NFTs, the more income you earn as the staking pool is designed to grow with each transaction made on the platform.
Finally, investors seeking long-term growth and stability focus on TOADS thanks to their deflationary nature. The DigiToads platform uses token-burning events to trigger the scarcity effect by lowering the supply of native tokens, hence making them more valuable for long-term investors.
DigiToads presents an alternative choice for investors seeking exposure to the meme coin market. With its unique features, commitment to transparency, sustainability initiatives, and a clear roadmap, DigiToads has positioned itself as a promising option for those looking to diversify their investments and participate in the growing world of meme coins.
Chainlink Price Prediction: LINK Set to Soar
Chainlink continues to cement its position in the Web3 industry, despite the price fluctuations. Recently, the MarketAcross company announced a partnership with Chainlink Labs.
The collaboration between Chainlink Labs and MarketAcross is expected to provide crucial support and resources to startups, enabling them to unlock the full potential of Chainlink’s ecosystem. Through this partnership, early-stage projects can access the expertise, marketing capabilities, and industry connections necessary for their growth and adoption.
Given the history and reputation of MarketAcross, this new partnership will most likely help LINK grow in the long term. Although investors may have to exercise caution and patience, the Chainlink BUILD program holds great potential for the long-term growth of LINK.
LINK currently experiences bearish pressure but this new partnership could propel LINK to new heights in the next months. Some say that LINK could reach $10 by the end of 2024, with more conservative views indicating over $7.
Summary
DigiToads, one of the top altcoins meme coin market, has captured the attention of investors with its unique features and innovative approach. While Chainlink holds promise in the Web3 industry, DigiToads presents a steadfast choice for investors seeking a different avenue for growth and profitability.