The meme coin season is still on, judging from the movement of asset classes in that space. Two candidates stand out. DigiToads is a budding project standing on the meme coin front and running on the popularity of the base meme. FLOKI continues to astound, it has hooked some on-lookers and set itself as something to regard on a crypto portfolio. To some extent, it is more like DigiToads
Here is more about the projects.
DigiToads Unwavering Optimism Pulling Investors
DigiToads describes itself as a one-of-a-kind project, owing to its dual-faceted nature and the manner the top leadership interacts with the community. It stands tall in the meme-coin space alongside traditional heavyweights, giving some pure meme-coin projects a run for their money.
At the same time, the project holds a real-world utility, making it shine among secondary crypto projects that boast utility as the core. Its two cornerstones make it something worthwhile for investors.
Its utility description exists on three bases, one being a virtual space that promises an immersive experience for gamers and other stakeholders invested in it, P2E for passive income for gamers and the whole community, and NFT staking.
Gamers interact with each other with the sole purpose of leading the leaderboards. The passive activity provides an opportunity for individuals to top the boards for a chance to gain TOADS in their DigiToads accounts.
Increasing stakes in the DigiToads ecosystem is every gamer’s dream and anyone invested in the project. The Staking and burning of tokens provide an opportunity for investors and games to get passive income as well as the value of TOADS shooting up due to its limited supply. However, gaming in the DigiToads ecosystem goes beyond the monetary rewards as it provides an opportunity to learn and appreciate the inner workings of the blockchain. The immersive world is rife with fun, complete with a marketplace that offers a newer source of income.
Those invested in the project gain massively from the income generated in the in-game purchase console. Gamers have a lion’s share of what is in the gaming marketplaces, up to 50%. Passive TOAD holders get about 10%, while the rest goes back to the project as profits.
Various financial pools in the project take democracy in decision-making a notch higher. Those heavily tied to the project via token purchases have a say in the direction the project will take. The DAO voting system compliments liquidity pools which work to make it easier for people to come in and out as they desire. The pool also ascertains that investors can quickly convert their tokens to fiat currency and back.
A single TOAD went for $0.01 at the start of the DigiToads project. The same TOAD currently at $0.05, complementing a presale income of about $6.2 million, meaning a jump of 370% in a matter of weeks. At peak, when the project launches officially, the figures will improve to 450% to benefit early adopters. TOAD tokens going live officially on the 15th of August.
Flocki (FLOKI)
FLOKI’s selling point as a people’s centered project is making it appear more like DigiToads. The project has a virtual space and is also a meme coin, using its popularity to attract the masses. Its run so far is impressive, taking the attention of crypto whales.
Flocki also boasts of charitable activities set to touch the lives of people to paint crypto projects in a positive light. It is an option for those looking for something with entertainment and has a cornerstone that will push it beyond the hype and excitement.
Bottom Line
Flocki and DigiToads all highlight the strength of the meme coin market, which has been on the fringes. Their early runs show that the meme coin season is still on and will only improve as the crypto market is recovering. DigiToads being on a presale is a project worth considering.
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