Meme Coins Shiba Inu and Floki Inu Stagnate as DigiToads Mesmerizes Investors

Meme coins are keeping crypto users on their toes these days. While there are several meme coins like DigiToads (TOADS) that are the talk of the town because of their cutting-edge features, others like Floki Inu and Shiba Inu have left their patrons disappointed with their stagnant growth. The development comes as a surprise to many as both Shiba Inu and Floki Inu are popular crypto projects. At the same time, DigiToads recent success is also surprising as it’s still in the presale stage. By earning over $6.5 million in presale funding, DigiToads is already topping many analysts’ cryptocurrency ico lists.

DigiToads: A stellar collection of DeFi features

DigiToads is a state-of-the-art cryptocurrency that leverages hybrid DeFi to drive financial inclusion. It enables its users to try their hand at multiple opportunities to earn residual income. These options include winning tokens in Web 3.0 games, participating in trading competitions and other contests, and staking. The platform’s native cryptocurrency, the TOADS token, is used for accessing these opportunities. 

The Ethereum-based cryptocurrency has a hybrid DeFi model that generates multiple opportunities for its users to earn passive income. The multi-dimensional model has inspired a lot of confidence among crypto users as the network is secured by a robust framework.

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What makes the TOADS token one of the best cryptocurrencies to buy in 2023 is its deflationary cryptocurrency and the scarce token supply helps the team curb price fluctuations. Any time the status quo is disturbed, the extra tokens are burned or destroyed. The mechanism helps the token value stay stable. 

Called one of the altcoins to watch out for in 2023, DigiToads also has an exciting Web 3.0 game to offer its users. The game is designed in a Metaverse swamp where players try to outperform each other to bag the season’s highest scores. When the season ends, the top scorers are rewarded with TOADS tokens. To increase their chances of winning the game, players can trade or buy special digital creatures called DigiToads. These creatures have a diverse set of strengths and unique characteristics. Hurry and visit the TOADS presale to accumulate this upcoming new cryptocurrency.

New bridge between Shiba Inu’s Shibarium and Ethereum goes live

Shiba Inu is a leading meme coin that is inspired by a Japanese breed of dog and is one of the most traded tokens across the world. The meme coin has a native token that’s called SHIB and is used for all transactions on the network. The Shiba Inu team has also created two other tokens – BONE and LEASH – which have different purposes. The BONE token is used as a governance token for the platform where its holders participate in the decision-making process through voting rights. Meanwhile, the LEASH token has been designed specifically for loyal supporters of Shiba Inu and its holders get exclusive perks. In a recent development, a bridge between Shibarium – a Layer 2 blockchain being developed by the Shiba Inu team – and the Ethereum network went live for public testing. The move will enable crypto users to transfer assets between the two blockchains.

Floki Inu rolls out new marketing campaign

Floki Inu is an animal-themed meme coin that was developed by fans of Shiba Inu. Its native cryptocurrency is FLOKI and it serves as the medium of exchange on the Floki Inu ecosystem. The Floki Inu team is currently the flagship project that will help in ramping up its reach. These projects include an educational platform called the University of Floki, an NFT marketplace, and an NFT gaming Metaverse. In a recent development, Floki announced that it would be rolling out an aggressive marketing campaign in seven places in London. The campaign would boost awareness about the brand and introduce more British citizens to the meme coin. 

Conclusion

If you are not sure about what cryptos to buy now, meme coins like DigiToads, Floki Inu, and Shiba Inu are ideal options to end your worries. These meme coins are among the top-performing crypto tokens of 2023 and they are great for even diversifying a portfolio. Many analysts have backed DigiToads as the next big cryptocurrency due to its hybrid economic model. The unique framework provides users with various ways to build a steady source of passive earnings that can secure their future. At the same time, a decentralized governance structure ensures that community members work in the best interests of the platform to ensure its optimal growth.

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