Despite the latest market crackdown, crypto projects are still making giant strides. While VeChain’s price has soared lately, Avalanche’s Ava Labs is bridging the gap between Web3 and gaming. Meanwhile, DigiToads, a meme coin project with wide utility, has emerged as a major contender in the altcoin market. Through captivating gaming experiences, DigiToads has revolutionized the landscape and captured the attention of crypto investors worldwide. If you are seeking alternative altcoins with huge potential for substantial gains, DigiToads is worth the shot.
DigiToads – A Passive Income Opportunity For Investors
While 2023 has witnessed a memecoin pandemic, only a few meme coins like DigiToads have been able to survive the market downturn. DigiToads offers a compelling framework for investors seeking passive income opportunities. This decentralized finance (DeFi) project was designed as a web3 game, with several earning opportunities for users.
Within the DigiToads ecosystem, users can amass tokens by actively playing the game on the platform. All they have to do is enhance their DigiToads characters, exchange in-game assets, and participate in battles to earn TOADS tokens. Interestingly, 10% of the accumulated funds are airdropped to token holders irrespective of their performance in the game.
Additionally, DigiToads offers staking services that enable participants to receive passive income. However, DigiToads users must purchase and stake non-fungible tokens (NFTs) within the ecosystem to receive the reward. The DigiToads token employs a deflationary model which is good news for long-term investors. The ecosystem has a token-burning mechanism that helps to reduce the supply of the token’s thereby increasing their value.
The project has garnered support from both investors and gamers. Moreover, DigiToads has already achieved a remarkable feat, raising over $4.8 million in its ongoing presale, with the token price surging from $0.01 to $0.042 in the eighth stage of the token presale.
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Ava Labs Introduces Arcad3 To Bring Web2 Gaming Firms Into Web3
Ava Labs, the crypto firm backing the Avalanche blockchain, has launched Avalanche Arcad3, an innovative program designed to promote collaboration between traditional game developers and the Web3 gaming space.
Meanwhile, this initiative has already secured early partnerships with famous Japanese-based metaverse and entertainment companies Gree and Gumi. Avalanche Arcad3’s primary objective is to bridge the gap between “Web2” game developers and various entities within the blockchain gaming ecosystem. Through this program, game creators will be able to connect with established blockchain gaming guilds, esports organizations, and Web3 game studios operating on the Avalanche network. Also, Avalanche Arcad3 aims to facilitate the integration of blockchain technology into traditional gaming and pave the way for exciting advancements in the future.
VeChain (VET) Price Analysis
The VeChain market has witnessed volatility lately, accompanied by both upward and downward trends. At the time of writing, the VET/USD price recently dipped below the Moving Average curve, indicating a bearish trend.
However, the token’s price trajectory is currently showing signs of upward movement, hinting at a potential reversal of the bearish momentum if more bulls enter the market. According to CoinMarketCap, the price of VeChain (VET) is $0.015746832247, a 1.90% price increase within the last 24 hours.
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Bottom Line
Although DigiToads is a recent entrant in the cryptocurrency market compared to VeChain and Avalanche, it has swiftly gained traction and is now among the top cryptos for investors. Also, its token presale has been a huge success evidenced by the increasing demand for DigiToads. Experts have predicted a 30x profit return for investors in the long run, so now is the time to get involved.
For more information on the DigiToads presale, visit the website, join the presale, or join the community for regular updates.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: https://nulltx.com/digitoads-toads-presale-explodes-as-avalanches-ava-labs-and-vechain-vet-soars-amid-market-downturn/