The memecoin world isn’t only competitive but also very volatile and risky. As a result, potential investors need to first carry out due diligence before embarking on an investment. Meanwhile, within the pool of meme coins, Ethereum (ETH) whales have been accumulating DigiToads, an emerging meme token, at a rather alarming rate as they aim to make profits.
In this article, we will explain what contributes to the accumulation of DigiToads by Ethereum (ETH) whales. Stay tuned.
DigiToads is being accumulated by investors due to its significant growth potential
DigiToads is quickly becoming a prominent participant in the crypto industry and gaining traction, having achieved extraordinary success in presale and raising over $5.8 million. By introducing a unique blend of memes and utility coins, DigiToads has been touted to soar in the coming months after its launch and listings on crypto exchanges.
DigiToads is primed for massive growth and adoption by merging the utility and meme sides of cryptocurrency. Its ecosystem will include a one-of-a-kind and limited-edition NFT collection, which users can mint on the platform. On the other hand, its fascinating new Web3 game will aid in its adoption and increase activity. Meanwhile, the utility token, TOADS, will be utilized for minting NFTs as well as playing its P2E game and making in-game purchases, therefore increasing its demand and driving up its price. Furthermore, being a meme coin, DigiToads is likely to have similar bullish runs as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), to name a few.
As a high-growth coin, holders may earn residual income on the platform. Holders of tokens and NFT will earn passive revenue from the rewards pool by staking them. Furthermore, its play-to-earn game enables users to make real money while doing what they love best—gaming. In addition, DigiToads is dedicated to its community and will reward all holders monthly from the game prize pool.
Other benefits to holding DigiToads are that the coin is deflationary and its value will likely be in an uptrend as supply reduces over time. Additionally, holders of DigiToads will be able to have a say in how the platform is governed because of their voting rights. To soar along with DigiToads and enjoy satisfying returns, investors can still participate in the presale, which is still early. The presale is in stage 9, and a token costs $0.047. To purchase the presale, simply click on the link below.
Ethereum (ETH) whales are diversifying portfolios into a popular meme coin
Ethereum (ETH) had a great first half of the year, which saw it soar from around $1,100 in January to now trading close to $2,000. After surfing the volatility wave of the crypto market, Ethereum (ETH) managed to stay in an uptrend and put its investors in profit.
After seeing profits, the whale alert points towards large Ethereum (ETH) investors purchasing an ambitious meme coin, DigiToads. In bids to diversify their investment, Ethereum whales are now purchasing DigiToads presale, which is currently one of the most popular meme tokens because of its uniqueness and immense growth potential.
Final Thoughts
After staying in an uptrend for most of 2023, Ethereum (ETH) has been one of the top gainers, with its investors now diversifying their holdings into DigiToads as they aim to increase their profits. DigiToads’ significant growth potential and its tangible use cases have contributed to it becoming a top choice among investors, especially Ethereum (ETH) investors. With whale accumulation being a bullish indicator, we should be expecting a solid rally after it launches on top-tier exchanges. Be braced.