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Home Financial

Meme Coins Are On The Rise, But Which Is Better: DOGE OR TOADS?

by Tolulope Akinruli
April 2, 2023
in Financial, Global Trade, Money Matters
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Meme Coins Are On The Rise, But Which  Is Better: DOGE OR TOADS?
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The cryptocurrency market is flooded with meme currencies, with DOGE and TOADS being two of the most well-liked ones. These popular currencies have a meme-based design, a lively community, and the potential to make rapid money. Yet, there are significant distinctions to keep in mind while deciding between DOGE and TOADS, Entrepreneurng report.

What is a DOGE?

Dogecoin, a 2013 joke, has recently seen a rise in popularity because of the backing of well-known people like Elon Musk and Mark Cuban. The coin’s cost soared in 2021, hitting an all-time high of nearly $0.60 before tumbling to the present $0.075.

Despite having humorous roots, Dogecoin has amassed a sizable following and network of supporters. Money has become a favorite among investors and traders wanting to cash in on the meme coin craze due to its distinctive branding and amiable personality.

Nonetheless, some members of the cryptocurrency community have criticized and questioned Dogecoin since they feel it has no practical use or value. The supply of the currency is infinite, and neither its development nor use case strategies are specified.

What can you get from DigiToads?

A relatively new meme coin called TOADS is causing a stir in the cryptocurrency community. It is also a play-to-earn token, unlike DOGE, which offers its holders advantages beyond simple investment potential.

To solve the complexity of industry rules and introduce crypto to complete beginners to promote its widespread acceptance, TOADS is a completely new standard in the cryptocurrency sector.

One of the exciting new web3 games in the project’s ecosystem lets you gather, raise, and compete against rare DigiToads. Unique DigiToads can be acquired by players through buying, trading, or winning them. Each DigiToad has unique traits, advantages, and disadvantages, providing players with a wide range of alternatives when picking the ideal virtual friend.

The top 25% of players on the leaderboard receive 50% of the money generated by selling game items at the end of each DigiToads season, allowing users to make money while playing the game.

DigiToads has promised to support the environment in addition to gaming. 2.5% of the DigiToads project’s income will go to organizations that support tree planting and rainforest preservation.

The possibility of earning residual revenue through NFT staking, which is highly innovative, is another fascinating aspect of TOADS. Users can stake Toad NFTs in the pools in addition to utilizing them as pets in battles to receive additional rewards.

There have surely been ups and downs in DOGE’s performance over the years. It has seen large price increases, like when Elon Musk tweeted about it, but it has also faced sizable losses. Yet, TOADS, a concept that is still in its early stages, has experienced remarkable growth in its presale. Its anticipated price increase from its current $0.01 price to $0.055 at debut represents an alluring growth rate of 450%.

In the first two weeks of the presale, DigiToads raised almost $440K, signaling that the project’s passion is genuine and that its adoption is expanding every day.

Conclusion

While DOGE may have the advantage of being a more well-known meme coin, TOADS stands out from its rivals thanks to its distinctive features. For those seeking an unusual, utility-rich, and growth-oriented investment, it is appealing because of its play-to-earn components and dedication to environmental protection.

 

Tags: cryptocurrencyDoge and ToadElon Musk and Mark CubanMeme Currency
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Tolulope Akinruli

Tolulope Akinruli

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