Crypto enthusiasts and analysts have been waiting eagerly for the rollout of Shiba Inu’s latest project – Shibarium, which is a Layer 2 blockchain powered by the Ethereum network. The launch of Shibarium is expected to transform Shiba Inu into a DeFi ecosystem with features like a cryptocurrency exchange and Web 3.0 games like Shiba Eternity. The new launch has everyone excited and has even pushed Shiba Inu’s price to new heights. The only thing that compares to this excitement is another upcoming meme coin’s growth. DigiToads (TOADS) is an Ethereum-based meme coin that has left everybody stunned with its presale growth. Built on a hybrid DeFi model, DigiToads can potentially drive a wave of financial inclusion as users can explore multiple opportunities of earning passive income with the platform.
DigiToads: The best cryptocurrency to buy in today’s market
DigiToads is one of the recommended altcoins to watch out for in 2023. As DigiToads outperforms many popular cryptocurrencies with its recent presale growth. The cutting-edge platform has been designed by merging the features of different tokens to create a dynamic interface. What stands out about the platform is that users can access multiple avenues to earn passive income. Be it staking, trading tokens, participating in Web 3.0 games to win rewards, or earning tokens for active participation – there’s a lot to explore on DigiToads.
The platform’s native token is TOADS. It’s modeled on the ERC-20 standard of the Ethereum network and is presently available on presale. Topping multiple cryptocurrency ico lists, the project has raised more than $ 6.1 million in presale funding and counting.
Another notable factor about DigiToads is its deflationary character. A deflationary coin’s supply is always controlled in a manner that stays below the demand. By intentionally keeping it scarce, the team can minimize price fluctuations. Anytime, the supply rises above the stipulated level, the DigiToads team burns or destroys all extra tokens in circulation. There are specific ‘token burn’ events scheduled for such activities.
Over the next few months, the DigiToads team will be announcing a new addition to its features – an online think tank. The addition to the DigiToads ecosystem will be called the TOADS schools and one of its key offerings would be informative sessions on cryptocurrencies. Head over to the official presale and get a chance to accumulate this new cryptocurrency. Shiba Inu’s market cap reaches $4.4 billion
Shiba Inu is a top-notch meme coin that is inspired by a Japanese dog breed. One of the first animal-themed meme coins to be launched, Shiba Inu’s success is one for the history books as it continues to reinvent itself and surge ahead. Its native token is SHIB and it’s the medium of exchange on the network. The platform has also released two other crypto tokens – BONE and LEASH. While BONE is the governance token that empowers Shiba Inu community members to make their suggestions heard on the platform, LEASH is a special token that offers exclusive perks to loyal supporters of the meme coin.
On Shiba Inu, one can find a wide array of services that give it an edge over other meme coins. For instance, it has a decentralized exchange called ShibaSwap where users can not only trade or buy Shiba Inu tokens but also other crypto coins. On ShibaSwap, token holders can supply liquidity to the platform, stake their tokens and swap them in exchange for rewards. Then there is Shiboshis which is a collection of 10,000 NFTs that are powered by the Ethereum network. Each of these NFTs has special traits and no two NFTs would be the same. In a recent development, Shiba Inu’s market capitalization crossed $4. 4 billion. Between June 13 and July second week, Shiba Inu added around half a million to its trade volume.
If you are stuck choosing what cryptos to buy now, DigiToads and Shiba Inu can be dependable projects to choose from. However, if you are looking at the long-term picture, DigiToads would serve as a better option, according to analysts. The experts who have reviewed DigiToads have lauded its multifaceted model that enables users to earn passive income via multiple opportunities. These options can be turned into a sustained source of residual income and drive long-term financial impact.