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Meme coins are exploding daily. Some are reporting highs of over 100X already, a few weeks into their launch. DigiToads’ extraordinary presale is a sign that it might be the next 1000X coin. The presale is currently at its peak and in Lilypad eight. Throughout each stage, DigiToads has witnessed a meteoric rise in price that has so far registered double figures in Token value. It won’t be long until it matches PEPE and other meme coins that had an electric early start.
DigiToads Electric Start
In a hotly contested crypto space, a few candidates have matched DigiToad’s impressive start. The official launch is a hot topic, as it will elevate DigiToad’s position in the crypto market. So far, the coin has picked over $4.8 million in presale. The presale demonstrates the potential of combining a meme coin with real-world utility. The dual features make it appeal to loyal online communities appreciating the entertainment aspect of the coin, and die-hard investors looking for short or long-term returns.
Modern utility coins have set the stage for web3. DigiToads has elevated this desire with the launch of a metaverse that has so far picked steam. The swamp, a reference to DigiToad’s metaverse, is home to P2E and NFT staking. TOADS is fuel for the virtual space, inspiring gamers to reach higher limits for great prizes and pleasure.
P2E works to solve a variety of issues. First, it sets the stage for virtual interactions among gamers. It is also an education feature that provides insights into the metaverse and its role in the modern world. Those at the top of the leaderboards get more TOADS, which they can use to buy more TOAD NFTs or stake them for passive income.
In-game items have swelled the digital space in the last few years, making them a hot prospect in the ongoing development of web3. A whopping $100 billion is already up for grabs in the NFT gaming ecosystem, which DigiToads is slowly but surely perfecting. The platform intends to use revenues from in-game items to grow its community, already swelling the presale.
Additionally, the platform plans on spending about 10% of the revenues collected in in-game items to appreciate every token holder. Finally, 50% of the proceeds will go to those involved in the games as gifts to the best players.
DigiToads hold great potential, so far its natïve token has surpassed over 200% in price increase since launch. At the start, it was worth about $0.01, a figure that has jumped to $0.042 at its current stage – Lilypad eight. Future presale stages promise even higher figures. Its appeal as a meme coin and utility coin will push the values higher, making it a potential candidate to match other meme coins 1000X.
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KONG’s Daily Uptrend Continues to Impress
DigiToads’ impressive start is part of a wider run in the meme coin space inspired by PEPE’s prominence in the last few weeks. KONG has shown consistency in daily highs that have prompted analysts to put it on the same pedestal as the PEPE coin.
KONG has recorded highs of up to 30% in a day, and weekly increases topping 1000%.
Hong Kong is a relatively new project and, like most in its space, yet to outdo Dogecoin and Shiba Inu. The coin’s elevation has little to do with utility. It heavily relies on its underlying meme that brings joy and entertainment to the community. Further, buyers of the coin enjoy 0% transaction tax and a liquidity pool that has solid backing.
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Bottom Line
Hong Kong meme coin and TOADS are a testament to the potential of the crypto market. The market continues to grow and has ushered in an era of digital coins with real-world utility. DigiToads underlying frog-meme’s popularity will continue to elevate it. As time passes, its real-world use case will be the catalyst for its elevation to a 1000X meme coin.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/06/18/digitoads-next-meme-coin-explode/