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The regulatory landscape of cryptocurrency remains weak, with no clear rules yet to be created as countries and regulatory bodies grapple with the innovation. As a result, in the absence of a universal regulatory framework, Ukraine is the latest country to heap pressure on leading crypto exchanges. Additionally, Cardano (ADA) is facing challenges as its value declines. Contrastingly, TOADS holders are anticipating the token launch to enjoy big profits.
DigiToads is a community-centric meme and utility token. In addition to its robust ecosystem, which includes a play-to-earn (P2E) game and an NFT collection, the project was built with a focus on community. Additionally, its significant growth potential played a key role in its presale turnout, which saw over $6.6 million raised as of press time.
At the heart of the ecosystem will be an exciting P2E game where players will be able to show their expertise and competitive spirit. They will battle against one another and earn rewards while having fun. Players won't just be rewarded for playing; the top players will earn 50% of the funds in the game's prize pool. In addition, the platform will attract NFT enthusiasts, where rare and unique NFTs can be minted.
DigiToads' dedication to its community is astounding, as they will be rewarded constantly. Within the game prize pool, 10% of the funds therein will be airdropped to all TOADS holders monthly. This will serve as additional income for token holders and demonstrate their commitment to the community.
More importantly, with the token launch near August 21, investors can barely hide their excitement. Big profits are to be expected during the launch, as there will be a lot of FOMO. Moreover, according to top experts and analysts, the token will soar by 30x during this period. Consequently, this has resulted in even more participation in the presale, which will end on August 15.
With a window of opportunity still available before the presale ends, investors can be seen swarming it. The presale is presently in its last leg, stage 10, at a token price of $0.05. This price still presents a great buying opportunity, as there are still significant profits to be made at the current entry price.
The token launch promises to be volatile as there will be no vesting period. This means that there will be no token lock-up period, thereby bringing immediate liquidity. This will increase market participation and the potential for substantial gains.
ADA is the native cryptocurrency of the Cardano blockchain and ecosystem. After its launch, ADA has soared to become one of the top tokens in the crypto market, ranking 7th by market capitalization. However, recent market conditions and a shift in sentiment have led to a decline in the value of ADA. This has become a cause for concern among ADA holders and investors.
The price correction in ADA can be attributed to a variety of factors. These include competition from other blockchain-based tokens and profit-taking by investors. Nevertheless, ADA is expected to rally soon, thanks to its status as one of the top utility coins in the crypto market.
As the crypto regulatory landscape shapes up, investors and enthusiasts need to exercise a bit of patience. The recent regulatory concern is evident in Ukraine, which is heaping pressure on top crypto exchanges. Meanwhile, ADA trades downward as DigiToads rallies in anticipation of its launch. With explosive growth to be recorded after launch, DigiToads presents an exciting and profitable investment opportunity.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
