Meme tokens have become quite popular since their adoptions took off in 2020. In 2021, Dogecoin and Shiba Inu led to the popularity of this category, as many tokens could be accumulated at a small price. The potential of high returns has got many investors interested.
While Shiba Inu and Dogecoin remain among the most popular meme tokens, DigiToads (TOADS), an extension of the meme token universe, is taking the market by storm.
DigiToads (TOADS) stands out among the other meme coin projects because it has significant utilities for the benefit of the users.
This article will look into the frog-themed meme coin that has stirred the crypto market and how it compares to other crypto projects such as Apecoin (APE) and Eos (EOS).
DigiToads (TOADS)
DigiToads is a decentralized and deflationary utility meme coin with a unique combination of NFT staking and residual income offerings that are attracting the attention of investors and traders alike.
The platform aims to become one of the biggest meme tokens alongside Dogelon Mars, Dogecoin, and Shiba Inu. Also, it aspires to become one of the biggest play-to-earn tokens alongside the likes of Axie Infinity, The Sandbox, Gala, and Decentraland.
DigiToads is a high-growth project that can potentially increase the investors’ chances of earning residual income through P2E gaming, NFT staking, and holding the TOAD tokens.
The deflationary feature of DigiToads ensures a slow decrease in its supply and an increase in value over a period of time. This feature has attracted the attention of seasoned and new investors who recognize the potential for huge profits.
The DigiToads team has scheduled a consult audit to ensure security and transparency, which helps solidify investors’ confidence in the project.
DigiToads has launched its first presale and has raised over $1.2m. Early investors can benefit by buying the tokens at low prices and claiming amazing rewards, such as daily and weekly prizes and the $50,000 grand prize.
Apecoin (APE)
ApeCoin (APE) is a governance and utility token created to empower the APE’s community, which runs on the Bored Ape Yacht Club (BAYC).
The BAYC is a trendy NFT collection composed of 10,000 unique images of cartoon apes.
Bored Ape stood out as one of the most popular NFT collections during the NFT boom in 2021, with rare Apes selling for hundreds of millions of dollars.
ApeCoin enables its native token holders to participate in the platform’s decision-making process through the ApeCoin DAO, access exclusive games, events, services, and merch, and use the APE token as currency within the ecosystem.
Also, the token helps to incentivize third-party developers to become part of the ApeCoin’s ecosystem by building applications that incorporate ApeCoin.
Eos (EOS)
Eos (EOS) is an open-source blockchain platform designed to host, create, and develop decentralized applications or dApps.
The idea behind EOS was to make the platform scalable enough to process a million transactions per second.
This was far greater than Ethereum’s capacity. It was also intended to make the platform affordable, which meant zero fees.
The third motivation was to make the platform’s smart contracts more open to developers by adding support for programming languages such as C++.
Lastly, EOS worked on the delegated proof-of-stake (DPoS) vs proof-of-work (PoW) consensus mechanism used by Ethereum.
In proportion to their token holdings, users have voting rights to elect block producers. These producers produce blocks and validate transactions on the EOS.IO network.
Conclusion
DigiToads (TOADS) is an excellent example of investors earning money while having fun. Only a few weeks old, DigiToads (TOADS) has done exceptionally well, even during the ongoing bearish market, as it raised over $1.4M in its presale so far and counting. This highlights the strength of its community that supports a project, even during rough times.
For More Information on DigiToads visit the website, join the presale or join the community for regular updates.
