Meme coins have a golden touch that tends to uplift the mood of investors. If not for their prolific rallies, then it is their underlying meme monikers that have a huge following on the internet. For those who like to keep tabs on the crypto market, and the exciting players that are seeking to dethrone the traditional heavyweights, some watch-outs this summer are Pepe (PEPE), DigiToads (TOADS) and Shiba Inu (SHIB).
DigiToads (TOADS)
TOADS runs on a platform that sets utility as the key to growth and sustainability. The Token reward feature and play-to-earn have all been created to help keep an engaged community for as long as possible.
While pushing the utility function as core, DigiToads also holds dear its roots, which is a meme that has captured the interest of many. Those captivated by the meme can have a significant share of TOAD NFTs, which borrow motivation from the growing prominence of the NFT market.
The NFTs are stackable for more TOADS, and their movement within the ecosystem helps create a staking reward pool that is also key in attracting more investors. DigiToads charges a 2% tax on all transactions that go into a prize pool.
Token burn features, which have become mainstream in the crypto domain, are also at the center of the DigiToads ecosystem. Early participants in the DigiToads pre-sale, which totals about $4.65 million so far will see the value of their token rise over the next few years. Further, if they remain active in the social forums controlled by DigiToads, they will receive more rewards.
Pepe (PEPE)
Modern tokenomics have centered on utility as the key aspect in the sustainability of a coin. While the adage holds in most crypto projects, PEPE has refused to follow that direction. The token has decided to trust its growing community to continue pushing it in the crypto space for as long as possible.
PEPE’s lack of utility means that hype and speculation are the center stages of its continuous growth, which so far has been impressive. Its motivation is a meme character that is a frog that continues to pull more fans. While only existing now as a meme-coin, PEPE as a meme has been on the internet for more than two decades, and in this period it has picked the attention of many, who are possible investors as it is continuous to get a stable footing key to its future.
Shiba Inu (SHIB) and Dogecoin (DOGE) have been motivators to its epic growth, which recently saw a jump from 3 to about 100 points in the Google trend charts. The coin is not part of an ordinary project with a definite roadmap, but it seeks a listing in the top exchanges to continue proving that it can compete with the heavyweights in the meme-coin market.
Shiba Inu (SHIB)
The SHIB token is a dog’s owner’s favorite owing to the meme that brought it to the limelight in 2020. Since then, it has grown to top the meme-coin charts alongside Dogecoin (DOGE).
Its historic rise inspired the creation of more meme-coins, which have since stamped the authority of meme-coins as an investor paradise.
Shiba Inu’s longstanding position in the crypto space has cleared investors’ doubt on the viability of investments toward meme-coins. In 2022, Shiba Inu (SHIB) recorded an impressive 150 million percent, which elevated it alongside Dogecoin (DOGE) as a close rival.
During Covid, Shiba Inu’s co-founder oversaw a generous donation in India that helped bring the coin to the limelight. Elon Musk is perhaps the largest boost the coin has received so far, owing to his massive endorsement in social spaces. The founders of Shiba Inu are currently exploring the possibility of making the coin utility centered, to make it less dependent on speculation alone. These utility-centered approaches make it more resistant to market pressure.
Final Note
Utility seems to be the new trend in the crypto space. Many projects are starting to move in that direction. TOADS is a standout because it made utility center stage right from the start. Indeed, for investors wishing to have the best of both in terms of utility and hype, then DigiToads is a project to consider.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
