The success story of meme coins started with a lot of skepticism until these cryptocurrencies started clocking impressive market returns. Today, meme tokens are among the most traded types of digital assets and have evolved with the times to offer high-end functionality to their users. If you look at the current market, the most-talked-about meme coin is DigiToads (TOADS). An Ethereum-based meme coin, DigiToads’ popularity has touched new heights as it continues to rise even as top crypto coins post a tepid market response.
DigiToads: Multiple options to earn passive income
DigtiToads is a good crypto to buy for anyone looking for a fuss-free way to earn passive income with multiple options. The variety is courtesy of its hybrid decentralized model that sports the features of three cryptocurrencies – a meme coin, a stake-to-earn portal, and a play-to-earn game. So, you get the benefit of options like staking NFTs, trading tokens, winning crypto tokens in play-to-earn games, and bagging rewards in trading competitions on a single platform. Its native token, TOADS, is the medium of exchange on the network and is powered by the ERC-20 protocol of the Ethereum network.
The TOADS token can be bought on presale. Currently, in its ninth stage, DigiToads’ growth through its presale stage is no ordinary feat. You can buy a TOADS token currently for 0.047 USD/ per unit. Of the 585 million supply, the team had decided to release around 69% of the coins on presale. So far, it has sold 94.23% of the tokens intended for presale stages and raked in over $5.69 million in presale funding.
One of the features of DigitToads that has garnered a lot of attention is its play-to-earn game where you get multiple chances throughout the year to participate as it has short game seasons that last for a month. What’s more is that rather than rewarding a single player, the game rewards the top 25% of scorers with TOADS tokens.
To make it to the winning side, the players have to beat their competitors in a Metaverse swamp by tackling challenges. Players can buy or trade a species of digital creatures who are known for their superior strength and are called DigiToads. These DigiToads also have special powers that can help amp up your game.
What makes the game even more interesting is the fact that all DigiToads have varying powers, so you don’t know how well-positioned your competitors are strategically. You can still find a way to up your ante by buying items like training equipment, food, and potions for your DigiToad. These in-game assets and DigiToads can be purchased using TOADS tokens. A part of the proceeds from the sale of these items goes towards maintaining the prize pool for the game.
In the coming months, the DigiToads team will be conducting informative sessions on cryptocurrencies for its community members at its in-house think tank ‘TOADS School’. To attend these sessions, a community member must own at least three TOADS NFTs.
What are analysts saying about Baby Doge’s prospects?
Developed to cash in on the success of leading meme tokens like Dogecoin, Baby Doge is among the dog-themed cryptocurrencies that have managed to make it big in the international market. Its native token, BabyDoge, is the primary cryptocurrency on the network and it’s used for all transactional purposes on the network. BabyDoge is one of the best crypto investments that your money can buy mainly because of its anti-inflationary model that minimizes price fluctuations. Analyzing market data and other indicators, experts are largely bullish on the prospects of the BabyDoge token.
The features listed above are enough to demonstrate why Baby Doge and DigiToads are being called the best altcoins to buy now. However, if you are looking for a crypt token that helps you earn over the long term, most analysts are likely to suggest DigtiToads to you. The meme token and its hybrid DeFi model have a growth-oriented focus that enables its token holders to build a steady source of passive income that can yield sustained returns. Over the next couple of months, analysts feel that the TOADS token has the potential to clock potentially huge returns once its starts trading on mainstream exchanges.