In the fast-paced world of cryptocurrencies, Ethereum is witnessing a remarkable surge in weekly inflows, thanks partly to its recent Shanghai upgrade. This momentum has a ripple effect on innovative projects like DigiToads (TOADS), whose presale is experiencing a significant spike in demand for growth. As the DeFi market landscape evolves, the symbiotic relationship between Ethereum and ERC20 tokens like DigiToads strengthens, creating exciting opportunities for investors and users alike.
The Driving Force Behind Ethereum’s Surge
Ethereum’s recent Shanghai upgrade has resulted in a record-breaking weekly inflow of ether (ETH) deposits for staking, primarily driven by institutional staking service providers and investors reinvesting their rewards.
This influx of over 571,950 ETH tokens, valued at over $1 billion, marks the largest weekly token inflow in ether staking’s nearly two-and-a-half-year history.
While May began on a slightly bearish note, the temporary downtrend seems to change as interest and adoption for ETH and its ERC20 tokens continue to surge. With Ethereum’s strong position in the market and its ongoing developments, the network is becoming a prime choice for innovative projects like DigiToads to build upon.
DigiToads: Top altcoin on Ethereum
DigiToads, a new ICO built on the Ethereum network, capitalizes on the increasing demand for ETH and its growing adoption and liquidity. This distinctive meme coin combines play-to-earn and stake-to-earn features, creating an immersive gaming ecosystem where players can collect, trade, and battle unique digital toads.
Winners of gaming tournaments are placed on a monthly leaderboard, with the top 25% of players receiving rewards from the prize pool, which is funded by in-game asset sales. This approach ensures that the community reaps direct benefits. Within the game, digital toads are represented as customizable NFTs that can be bought or traded on the NFT marketplace, adding an extra layer of excitement and value for players.
DigiToads is also committed to eco-friendly initiatives, allocating 2.5% of its profits to organizations focusing on replanting living toads’ natural habitats in the Amazon rainforest.
Besides innovative tokenomics and staking opportunities, users can earn rewards by participating in on-chain trading competitions and acquire Platinum Toads—the ecosystem’s rarest and most valuable toads. These VIP assets grant winners access to a portion of the treasury, enabling them to trade and earn rewards for both the project and themselves. There will be 12 Platinum Toads, with a new winner announced monthly.
The DigiToads presale has experienced overwhelming demand, with the first four stages selling out and raising over $2.45 million. The ongoing fifth stage is following suit, boasting an impressive 87% token sale completion in just a few days.
Investors are further drawn by DigiToads’ generous giveaways, offering $50,000 worth of prizes for holders of at least $100 worth of TOADS tokens which also participate in additional actions like social media sharing and friend referrals.
Notably, purchasing TOADS is a seamless, user-friendly process; the official website allows users to connect their wallets and choose from over 15 cryptocurrencies, ensuring a smooth and effortless buying experience.
Conclusion
The remarkable inflows of Ethereum, combined with DigiToads’ surging demand, highlight the vibrant and ever-evolving nature of the cryptocurrency realm. As Ethereum continues to solidify its standing, ERC20 tokens like DigiToads stand on the cusp of tremendous growth, presenting enticing prospects for investors and users seeking the best coins to invest in 2023.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
