A dark cloud hovers over the crypto market as Binance coin (BNB) is under selling pressure. Some expect it to keep losing ground, even up to 20%, before a possible trend reversal. On the other hand, the meme coin market is booming thanks to DigiToads (TOADS), a new presale that revolutionizes the concept of meme coins and brings new utility in this volatile world. Read on to find out why Digitoads is one of the best cryptos to buy now.
DigiToads Is Changing the Meme Coin Game
DigiToads is one of the newest game-changing meme coins on the market. Yet, despite being new, it has already managed to raise more than $2.2 million so far.
Meme coins have turned into a long-term trend in the investing and trading community. However, what sets DigiToads apart is its many unique features and utility – a concept that has been lacking so far in the meme coin market.
DigiToads is essentially a blockchain-based ecosystem. Some of the main features appeal to play-to-earn gamers, alt coin enthusiasts, and long-term holders. With a unique blend of community rewards, P2E gaming, and environmental focus, DigiToads has triggered massive support so far and is in bullish momentum, raising from $0.01 to $0.024 in only a few weeks.
DigiToads combines financial rewards with an immersive gaming experience. The platform will essentially allow users to enter a digital world where they can fight and customize their DigiToads characters, represented by NFTs. Users – both winners and other token holders – are rewarded the native ERC20 token, TOADS, when the season ends.
DigiToads focuses on developing a supportive community by providing many financial incentives to its TOADS holders. For instance, there will be 12 Platinum Toad awards for those who win the monthly trading competitions. In addition to this, every transaction adds 2% to the staking pool, which is then used to pay rewards to staked NFTs.
With so many rewards available to holders, seasoned investors may worry about the inflationary nature of TOADS. However, a token burn is built into the ecosystem, making it deflationary. In other words, the maximum supply will keep decreasing, which creates scarcity and sustains a healthy price performance in the long run.
Apart from multiple trading and investing opportunities, DigiToads has a noble mission – the platform will donate 2.5% of all profit and 100% of revenues from the merch store to charities. The aim is to help save the Amazonian rainforest, which is home to many species that are currently threatened by massive deforestation.
>> Buy DigiToads Now <<
Binance Coin Under Selling Pressure
The recent failures in the banking sector have put a lot of pressure on many cryptos, and Binance is no exception. FUD (fear, uncertainty, and doubt) takes over investors who are putting unbearable selling pressure on this altcoin.
The BNB chain is expected to continue shedding value in the following weeks. While it recorded an increase in active users at the end of April, the weekly transactions have been declining at the same time. This also resulted in a drop in revenue, which further weakens its position.
Summary
TOADS is a deflationary ERC20 token that proposes a new model, disrupting the current meme coin market. Customarily, meme coins hold little to no value and are mostly created as a joke, with no real utility. DigiToads aims to change this by offering real value to the token holders and aiming to give back to society by donating to multiple charities.
DigiToads has just started its journey and has amassed more than 14,600 followers on its Twitter profile. Diligent investors and traders seeking to profit from the burgeoning P2E and Web3 industries may want to shortlist this token.
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