Animal spirits reign supreme in markets again, and altcoin season is on the horizon. A massive reversal to the upside approaches, and veteran crypto investors are doubling down on these three superior memecoins: DigiToads (TOADS), Pepe (PEPE), and Shiba Inu (SHIB).
Memecoin investing remains one of the most profitable crypto sectors, and on-chain analysis shows that experienced investors have already started accumulating. The best way to profit is always to get in early, so investors will have to move fast. But why are $TOADS, $PEPE, and $SHIB the best altcoins to invest in?
DigiToads (TOADS) A New Era of Memecoin?
DigiToads introduces a new standard to the genre underpinning the explosive price action and viral meme branding with refined tokenomics and abundant utility for end users. The Swamp (the DigiToads ecosystem) opens up multiple earning possibilities, and $TOADS represents the key.
The Swamp includes a play-to-earn game called Toad-Cade, where players can turn battling prowess into cold hard cash. Every season the top 25% of players will earn part of the prize pool, and revenue from the in-game store funds an airdrop for the entire community. Players will battle in-game toad NFTs to decide the victor.
The Trading Post (DigiToads’ native DEX) gives $TOADS holders the ability to provide liquidity and earn trading fees keeping all trading activity within the ecosystem. The charity initiatives will help preserve rainforests, meaning $TOADS holders make a tangible difference in the real world.
But the big ticket item of the ecosystem is the NFT staking mechanic that lets users leverage Toad NFTs to earn passive income rewards. A unique taxation system will fund payouts to these holders, and NFT ownership also unlocks the education platform making the 3,500 toad-themed collection a great NFT to buy.
Furthermore, the taxation system funds a hyper-aggressive burning campaign that will rapidly decrease the total supply of $TOADS. Hence, explaining analysts’ classification of TOADS as one of the leading altcoins to buy now. 
Pepe (PEPE) Reclaims Liquidty From $PEPE2
Pepe (PEPE) has reclaimed liquidity from $PEPE2 as investors rush back to the original as the imitator rapidly loses market share. Despite having little utility in the modern attention economy, Pepe (PEPE) still has the potential to net exceptional returns. And analysts forecast $PEPE trading between $0.00000388 and $0.00000451 in 2024.
Investors have shown a preference towards $PEPE compared to older tokens such as $DOGE. Pepe (PEPE) has a lower market cap and, more importantly, a lower percentage of underwater holders, explaining veteran investors’ preference. $PEPE will rally while people who bought Dogecoin (DOGE) in the euphoria of the last bull market will dump, stalling any potential progress.
Shiba Inu (SHIB) Shibarium Mainnet Launch
Puppyscan shows that Shibarium has executed over 29 million transactions since its launch. This new addition to the Shiba Inu (SHIB) ecosystem has added an organic source of buy pressure for $BONE, another of Shiba Inu’s (SHIB) native ERC20 coins, and lifted the ecosystem.
The general pivot from Shiba Inu (SHIB) towards a utility token has made owning $SHIB more appealing to a broader user base. Additionally, the new portal burn mechanism increases the burn rate of $SHIB thanks to the gas fees paid by users on Shibarium. Its mainnet launch is scheduled for late Q3/ Q4, and analysts forecast Shiba Inu (SHIB) targeting a potential high of $0.00001621 at that time.Closing Thoughts: Memecoin Season V2
Veteran crypto investors who have seen multiple bull and bear markets have flipped bullish on memecoins in July. Although nothing is certain in crypto markets, going long on memecoins looks to be an excellent play for Q3.
The DigiToads presale offers investors the chance to join a memecoin at the very beginning before retail investors discover it and before the launch on Uniswap. Could $TOADS ownership be like buying $DOGE in early 2021? There is only one way to find out, participate in the presale today!
