Digitoads (TOADS) and Love Hate Inu (LHINU) to Leapfrog Popular Meme Coins
Meme coins form an integral part of the global cryptocurrency market, with some of the highest-grossing crypto projects being meme coins. Today, if anyone is looking for the best cryptocurrency to buy, meme coins are an ideal option. In recent times, a meme coin that has been making waves in the cryptocurrency market is DigiToads. Built on the Ethereum network, DigiToads is more than just a simple meme coin. Let's find out more about its important characteristics.
DigiToads: The meme coin which ticks all the right boxes
DigiToads' claim to fame is its hybrid model where you get the benefits of a meme coin and a play-to-earn vertical in a single platform. Not only does it offer unparalleled functionality, but it makes for a great cryptocurrency if you are looking to earn passive income. You can earn passive income by staking non-fungible tokens, playing games, trading tokens, and by just holding tokens. DigiToads' dynamic economic model has been blazing a trail in the DeFi space while empowering more crypto users. One can even stake NFTs on DigiToads and earn attractive rewards.
Its native token is TOAD which is deflationary. Those interested can buy the token on presale which will be spread over 10 stages. The team recently closed the first stage which was a stellar success. The presale process is currently in its second stage which is called ‘Lilypad 2’. The team has managed to sell almost 66% of the tokens till now. Under the deflationary model, the cryptocurrency's token supply is intentionally capped by burning tokens to avoid price fluctuations.
The DigiToads team would be organizing a trading competition every month. These contests will have a two-fold advantage. For one, it would help the platform draw high trading volumes regularly. Secondly, it would ensure that its treasury fund is controlled by the most efficient traders on its platform as the winner of these competitions gets remote access to a part of the treasury. To win one of these contests, a user has to trade the highest quantum of tokens in a month. The winner bags a Platinum Toad which grants them remote access to the treasury. The winning traders also receive 10% of the profits that they brought as a reward for expanding the treasury.
Love Hate Inu might stay in bullish territory
Love Hate Inu has been disrupting the cryptocurrency sector with an innovative model that makes it one of the altcoins to watch out for in 2023. It has been designed as a blockchain-based voting platform where users are rewarded for voting in online surveys. The vote-to-earn platform has rolled out its cryptocurrency token LHINU. To qualify for voting in these polls, users will have to stake LHINU tokens. The staking mechanism helps in making the voting process anonymous and also prevents any kind of manipulation of votes. Love Hate Inu recently hit the headlines after it raised $2.5 million in presale funding. The development has also pushed its price prediction and analysts suggest that it can potentially stay in the bullish territory.
Some other meme coins that are in the news
Tamadoge is a meme coin-based play-to-earn arcade that was rolled out in 2022. The meme coin's official token is TAMA and it serves as a medium of exchange on the network. In the game hosted by the platform, players have to buy digital pets, raise them and then compete against other players with their help. The winners walk away with tokens as a reward.
Bone Shibaswap is one of the tokens launched by the team behind Shiba Inu. It serves as a governance token for the platform and its total supply has been capped at 250,000,000 units. By holding the BONE Tokne, one can participate in the voting process for taking decisions on new proposals pitched by Shiba Inu community members. It is also the foundational token on which Shiba Inu's Layer 2 blockchain Shibarium has been built.
Floki Inu was launched by fans of Shiba Inu. Interestingly, Elon Musk's dog's name is 'Floki'. Despite its recent launch, it is already on the top cryptocurrency ICO list of analysts due to its next-generation features. Its native token FLOKI is the main cryptocurrency on the network.
Conclusion
The above-mentioned meme coins are among the best defi projects in the global market and one doesn't need too much explanation to know why they are so popular. While all of them have their strengths, DigiToads has been leaping ahead with its nuanced functionality and versatility. Its unique set of features has even impressed crypto analysts. Among the experts who have reviewed it, many experts claim that the TOAD token has the potential to cross 100x returns in the coming months.
For More Information on DigiToads visit the website, join the presale or join the community.
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Source: Legit.ng
