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Shiba Inu

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 <p class="is-style-lead">Among the larger and more dominant downward trend, several pockets of growth have erupted within crypto. One specific area attracting capital and attention has been a sub-category of the meme coin genre. Investors are accumulating meme coins with utility.</p> 
 <p>Shiba Inu (SHIB) and DigiToads (TOADS) are firm amid the Shibarium Beta <a rel="noopener noreferrer nofollow" title="bridge" href="https://thebittimes.com/tag/bridge.html">bridge</a> <a rel="noopener noreferrer nofollow" title="release" href="https://thebittimes.com/tag/release.html">release</a>, and anticipation for The Swamp grows.&nbsp;</p> 
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 <p>The observable trend has been scrutinized by analysts who concluded that the reliance of the meme genre on hype caused heavy draw-downs throughout the bear market and that utility solves this issue.&nbsp;</p> 
 <p>Integrating utility adds legitimate use cases for end users, which always drives price, and these tokens could easily be altcoins to examine this year.&nbsp;</p> 
 <h2 class="wp-block-heading" id="digitoads-is-the-new-king-of-the-meme-utility-hybrid">DigiToads is the new king of the meme-utility hybrid?</h2> 
 <p>DigiToads&nbsp;has established itself as a front-runner among emerging crypto projects and has already raised over $6.7 million.&nbsp;</p> 
 <p>The native ecosystem, The Swamp, has motivated these vast capital inflows, and presale participants are betting on a repricing event when the ecosystem’s cash flows materialize.&nbsp;</p> 
 <p>The Swamp opens a world of earning for investors, and its <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> combine to create a larger flywheel effect. It includes one novel mechanism, non-fungible token (NFT Staking), which has rapidly turned the&nbsp;DigiToads Collectibles&nbsp;into trending NFTs.&nbsp;&nbsp;</p> 
 <p>Owners of the collection stake their NFT and receive payouts in TOADS. This passive income source redirects more of the TOADS supply towards long-term supporters aligned with the protocol’s mission to become an established web3 currency across the decentralized finance (defi) scene.&nbsp;</p> 
 <p>The Toad Tax also assures the sustainability of these payments by directing 2% of all transactions in The Swamp to the payout pool. On top of this, the taxation system ensures a deflationary tokenomics model by burning 2% of transactions.&nbsp;</p> 
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 <p>Toad Cade, the play-to-earn (P2E) game, can offer another earning opportunity. Meanwhile, the Platinum Toads initiative ensures the DigiToads’ coffers continue to grow by distributing treasury control to the most skilled on-chain agents.&nbsp;</p> 
 <p>Community members also receive seasonal airdrops, and The Swamp <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> much more. By aiming to offer multiple revenue streams to investors in the form of a deflationary token means TOADS is a token investors can explore. Analysts are bullish and predict more gains after the token launches on Aug. 21.&nbsp;</p> 
 <h2 class="wp-block-heading" id="shiba-inu-shibarium-beta-bridge-is-live">Shiba Inu Shibarium beta bridge is live</h2> 
 <p>Shiba Inu developers pushed the Shibarium Beta <a rel="noopener noreferrer nofollow" title="bridge" href="https://thebittimes.com/tag/bridge.html">bridge</a> in the final week of July for users to move SHIB ERC-20 tokens between Shibarium and Ethereum.&nbsp;</p> 
 <p>BONE, LEASH, and SHIB are firm as a result. Users can now participate actively within the ecosystem at a far lower cost. Ethereum gas fees have historically hindered meme coins.&nbsp;</p> 
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 <p>BONE is the gas token for Shibarium, and it will be accumulated in smart contracts and periodically swapped for SHIB, which will be burnt.&nbsp;</p> 
 <p>This added deflationary pressure bodes well for SHIB holders, and the overall utility upgrade led analysts to forecast an impressive potential range high of $0.00002085 in 2024.&nbsp;</p> 
 <h2 class="wp-block-heading" id="closing-thoughts">Closing thoughts</h2> 
 <p>The bear market has changed the way investors perceive value. This emerging meme/ utility hybrid trend provides a best-of-both-worlds solution. </p> 
 <p>Tokens still have upside potential, and the utility gives the projects stable support, ensuring they retain the gains they make.&nbsp;</p> 
 <p>DigiToads is currently in its presale, available for $0.05 but set to increase to $0.055 on launch. Investors maintain a bullish outlook on TOADS, expecting gains in the coming weeks.&nbsp;</p> 
 <p>Visit DigiToads presale</p> 
 <p>Mint DigiToads NFTs here</p> 
 <p>Buy DigiToads NFTs on OpenSea</p> 
 <p>Join the community&nbsp;</p> 
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Shiba Inu and DigiToads surge amid Shibarium beta bridge release

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