Meme coins have become a crazy frenzy in the DeFi crypto world, with a never-ending debut of new coins. The latest addition to this club is DigiToads (TOADS), a top crypto ICO option with Web3 gaming prospects and a vast community driving its success.
Shiba Inu (SHIB) has made its rounds in the DeFi crypto market, and if you are into the cryptocurrency world, then you’re likely familiar with this meme coin. It debuted in 2020, was dubbed the “Dogecoin killer,” and has since gained the attention of investors worldwide. However, investors may be pulling away because of the current price fluctuations.
In this article, we’ll look at these two ERC20 tokens and explore whether it is too late to buy Shiba Inu and, by extension, other meme coins like TOADS.
Ribbiting Returns: Why DigiToads (TOADS) Could Leapfrog Your Portfolio
DigiToads is a relatively new player in the crypto market. The project is a top option on the decentralized cryptocurrency list and is drawing the interest of investors and enthusiasts alike due to its unique utility.
Powered by TOADS, its native token, players can purchase their game assets with Toads. Players can acquire these characters by purchasing, trading, or winning them through gameplay. Using TOADS, they can also purchase in-game items like food, potions, and training equipment to strengthen their DigiToads and increase their sizes, giving them a better edge against other players in the virtual game world.
Another exciting feature of DigiToads is the ability it offers holders to purchase cool NFTs (non-fungible tokens). These NFTs, called Premium TOADS, have various uses, including trading, staking, and gaming. TOADS is in great demand, with its presale experiencing huge success and attracting a large and dedicated community of investors. At its current presale stage, it has raised over $2 million and sold over 173 million tokens.
Barking Up the Right Tree: Is Shiba Inu (SHIB) Worth The Investment?
Shiba Inu is another top coin on the decentralized cryptocurrency list that aims to usurp Dogecoin and take the lead as the number 1 meme coin in the crypto market. Its popularity stems from its cute dog meme, which captured the hearts of many investors in its early days. Since its launch, SHIB has seen tremendous growth, with its price increasing by over 1,000% in weeks.
Shiba Inu was very promising when it first launched, with investors buying into the market. However, the token has experienced very volatile price fluctuations over time. Despite the price fluctuations, SHIB has gained significant popularity in the crypto world. Its growth potential is still significant, and the coin has a devoted community of investors, including a huge following of 3.7 million on Twitter.
Holders can trade SHIB and other ERC20 tokens in the Shiba Inu ecosystem on ShibaSwap, a decentralized exchange (DEX). This exchange is gaining more traction in the DeFi market with its unique liquidity pools and rewards system, drawing more attention to SHIB, a token shamed for having poor fundamental value.
The Verdict
The DeFi crypto market is highly volatile, and it is crucial for investors looking to grow their portfolio to invest in crypto coins with full utility. DigiToads is one such coin with an impressive take on reshaping the crypto landscape. This coin offers an intriguing investment opportunity with its deflationary mechanism, virtual gaming options, and cool NFTs.
Shiba Inu is another coin with a huge community, and with the market sentiment this top crypto ICO has, it will be around for a while. Before investing in either of these ERC20 tokens, there are many factors to consider, and with the increasing popularity of NFTs, DigiToads may be a better option in 2023. Its presale success also shows a high potential for the project to overtake Shiba Inu in no time.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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Image by Hosni gharbi from Pixabay
