Bitcoin Price Is Expected to Soar and This Could Have an Incontestable Impact on DigiToads Presale DigiToads (TOADS) joins the meme coin frenzy amid the economic uncertainty that could push Bitcoin’s price to unprecedented highs. While meme coins are known to offer little functio...
Bitcoin Price Is Expected to Soar and This Could Have an Incontestable Impact on DigiToads Presale
DigiToads (TOADS) joins the meme coin frenzy amid the economic uncertainty that could push Bitcoin’s price to unprecedented highs. While meme coins are known to offer little functionality, DigiToads (TOADS) reshapes the industry and promises to become one of the biggest meme coins of all time. Read on to find out more about this project and why it is one of the best altcoins to watch.
What Is DigiToads (TOADS)?
DigiToads joins the meme coin frenzy while reshaping the common understanding of a meme coin. While some are built on pure hype, DigiToads (TOADS) puts forward a robust whitepaper and promises to make a change in the crypto world.
DigiToads is essentially a play-to-earn ecosystem where users own DigiToads and can join competitions and upgrade their characters, which are represented by NFTs. The immersive gaming experience rewards players with TOADS tokens – even if they don’t win the competition. The DigiToads community is growing thanks to the multiple rewards and bonuses offered to TOADS holders.
Finally, DigiToads is more than just a P2E gaming environment – in fact, it aims to give back to charities that seek to save the Amazonian rainforest – home not only to toads and frogs, but many other species currently threatened by massive deforestation.
Bitcoin Leads the Market Momentum
Bitcoin price is expected to soar due to economic fears amid a banking crisis and the weakening of the US dollar. Due to multiple bank failures, Bitcoin is being widely adopted and treated as a financial alternative, especially as its survival is not controlled by any financial intermediary.
Many investors fear that a US default is looming large, a case in which Bitcoin could increase by more than $20,000 in a short period of time. This is based on the fact that Bitcoin could increase during economic uncertainty as it is considered a safe haven due to its decentralized status.
How Does Bitcoin Price Increase Benefit DigiToads?
Several US banks have collapsed this year, including the First Republic Bank, Signature Bank, and Silicon Valley Bank. These banking failures have been three of the most significant in US history, surpassed only by the Washington Mutual Bank in the financial crisis of 2007-2008.
The cryptocurrency market is increasingly being seen as a safer financial alternative, which is why Bitcoin’s price is expected to soar, leading to increased adoption of many other crypto projects, such as DigiToads (TOADS).
As investors flock to the crypto market seeking more secure assets, the demand for cryptocurrency increases, pushing alt coins prices higher. In return, this determines even more investors to join the hype as the value of digital assets is skyrocketing, which is why Bitcoin’s soaring price could have a big positive impact on DigiToads.
DigiToads has begun its presale stage with a price of only $0.01, and is now at $0.024. Experts estimate that the TOADS token will increase by at least five times over the next weeks, reaching a minimum of $0.055 by the time it is ready to launch.
Summary
Regardless of the future developments in the world economy, one thing is for sure: DigiToads (TOADS) is here to stay and it will benefit massively from the increasing adoption of crypto as a safer financial alternative to fiat money, currently threatened by the global banking crisis.
Investors looking for the best altcoins to buy may want to join the DigiToad community and stay up to date with the latest developments. Early TOADS holders can multiply their investment.