Cryptocurrency is an exciting and rapidly growing market, and meme coins have been making waves lately. In fact, meme coins can offer high potential returns for those willing to take a risk.
Among the numerous meme coins are currently available, two stand out as particularly promising: DigiToads (TOADS) and PePe Coin (PEPE). Both have gained a significant following in recent months as their communities are growing rapidly, and showing strong enthusiasm for their respective projects.
In this article, we will explore the reasons behind the popularity of TOADS and PEPE, and why they may be the best cryptos to buy for those looking to invest in the meme coin market.
PePe Coin (PEPE) has recently shown multiple reasons for it to emerge as a promising token in 2023. The recent reports by Nansen, a blockchain analytics firm, and CoinGecko, a price tracker, suggest PePe Coin (PEPE) token comes among users' most researched tokens.
Furthermore, reports suggest that the liquidity pool contracts for PEPE-WETH on Uniswap's versions (v)2 and (v)3 recorded a high number of PePe Coin (PEPE) transactions in the past week, with over 72,950 and 82,750 transactions, respectively. Thus, PePe Coin (PEPE) has been running quite active liquidity pools. Two of the PePe Coin's (PEPE) liquidity pools have already obtained up to $900,000.
Additionally, BitMEX's CEO tweeted about the PEPE Coin futures launch, which became active on the exchange on 3rd May 2023. Now, exchange users have access to new listings, including PEPEUSDT and PEPEUSD. It enables users to create short or long PEPE Coin tokens.
Moreover, PEPE also launched a new meme token season that major exchanges can pick up. These events have made PEPE a credible crypto token to invest in.
DigiToads (TOADS) is a new web3 platform with an innovative and diverse ecosystem, including the TOAD meme coin, a staking platform, NFTs, and P2E gaming. DigiToads (TOADS) is a one-of-a-kind experience that allows users to collect, raise, and engage in epic gaming battles with unique and exclusive DigiToad NFTs. These remarkable NFTs are the ultimate prize users can get through purchasing, trading, or winning.
Further, the Ethereum chain (ERC-20) will be the launchpad for DigiToads (TOADS), as it provides the perfect platform for users to trade their NFTs on the most active marketplace. TOAD tokens give users the power to participate in governance votes on the management of the platform's product and NFTs. Unlike other NFTs, staking DigiToads (TOADS) also entitles users to own a share of the treasury tax.
Additionally, 'how to buy' instructions provided to users make cryptocurrency trading for beginners much easier. The DigiToads (TOADS) platform is committed to positively impacting the environment and wildlife. Thus, they pledge to donate 2.5% of all profits to charities that focus on replicating trees and providing homes for Amazonian species every month.
When users stake their TOADS NFT, they are rewarded with an equal percentage of the staking pool that's paid out over time. Thus, it not only incentivizes users to hold their NFTs but also provides them with increased benefits as they do so. Another reason TOADS is one of the best cryptos to buy is its prevention against rug pulls by selling huge token amounts to the public or reserving them for rewards and bonuses.
However, no user will be forced to hold the token for the long term as TOADS doesn't promote a vesting period. The project is hosting its 5th presale stage, and the project has raised over $2.7 million. The token's live price is $0.024, which is expected to grow up to $0.027 by the end of the current stage. Interested investors can join the project by participating in the contest where they need to hold TOADS tokens or interact with the platform's team via its communities.
Currently, DigiToads (TOADS) is offering a huge giveaway of a $50,000 prize to winners, which has caused investors to rush to buy TOADS tokens.
In conclusion, meme coins have taken the cryptocurrency market by storm, and among them, DigiToads (TOADS) and PePe Coin (PEPE) stand out as promising options for investors. PEPE's active token status and high liquidity make it a credible token to invest in. On the other hand, TOADS is actively building strong communities, increasing market demand, and having the potential for high returns, which makes it one of the best cryptos to buy in 2023.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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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.