This memecoin is challenging crypto heavyweights Pepecoin (PEPE) and Dogecoin (DOGE)
Incumbents in any sector can seem like they will hold their positions forever. That is until a new face comes along and credibly challenges their position. This disruption is what DigiToads is looking to achieve among memecoins.
The rise of memecoins is unique to cryptocurrency. Never before in the financial sector has an asset that deliberately tried to be unserious achieved a market capitalization in the billions of dollars. Memecoins combine the viral nature of internet humor and blockchain innovation for remarkable digital assets.
How did Dogecoin become so big ?
If there ever was a textbook case for ironic success, it has to be Dogecoin. Billy Markus and Jackson Palmer founded this coin in 2013 as a Bitcoin parody. It achieved moderate success before undergoing explosive growth in 2019 and 2020. The growth was boosted by Elon Musk’s promotion and a vibrant online crypto community.
Dogecoin took Bitcoin’s working model and used the Japanese dog breed Shiba Inu as its logo. Shiba Inu was a popular internet meme, and Dogecoin launched with this humorous concept and nothing else. When crypto enthusiasts were surveying the market for the latest exciting asset, it was right there, ready for the taking, and it recorded growth, reaching an insane market cap of $80 billion in 2021. Since then, Dogecoin has shrunk considerably but still stands as the largest memecoin.
DigiToads looking to revitalize the concept of meme coins
Most memecoins focus exclusively on the marketing power of the underlying meme. DigiToads is very much a memecoin with the concept of digital toad avatars. However, it seeks to achieve more utility and provide a sustainable coin for investors, unlike most memecoins that will have short lived viral relevance.
DigiToads (TOADS) is a play-to-earn gaming metaverse. Users nurture digital toads to engage in various battles to protect their habitat and hunt. The project also has a real-world sustainable mission, with 2.5 % of profits going to charities that protect rainforests.
Currently, DigiToads is in the middle of a presale that has raised more than $4.7 million in its first few weeks of going live—notably, the presale is in ten successive stages, with TOADS price increases from one stage to another.
Accordingly, this project promises to exceed its memecoin predecessors and become the first truly sustainable memecoin.
Pepecoin after “Pepe the Frog”
The success of Dogecoin inspired a new memecoin called Pepecoin (PEPE). Pepe the Frog is a notorious internet meme based on a cartoon character by Matt Furie. It has become a staple on internet chat boards like 4Chan and has a notable presence on Facebook and Twitter. Pepecoin creators claim no affiliation with the cartoon, but there is no denying the character’s effect on the meme coin’s popularity.
Its success after launching in 2023 was not a surprise. Elon Musk tweeted about the project during its massive rally in May 2023. Pepecoin may have the cyclic limitations of Dogecoin because it also has no roadmap, utility, or vestige of long-term goals. The notoriety of the meme has still got the coin significant traction among crypto enthusiasts. This rally has tapered somewhat in recent weeks, possibly signaling the market’s cyclic interest in such memecoins.
Conclusion: DigiToads utility could be the clincher
Pepecoin and Dogecoin are quite similar because they only have one dimension. In other words, they live by the meme and can die by the meme. DigiToads wants to create a vibrant community that engages in a rewarding game rather than endless social media promotion between rallies. Accordingly, this coin can change the memecoin operating model by providing sustainable utility to users.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
Incumbents in any sector can seem like they will hold their positions forever. That is until a new face comes along and credibly challenges their position. This disruption is what DigiToads is looking to achieve among memecoins.
The rise of memecoins is unique to cryptocurrency. Never before in the financial sector has an asset that deliberately tried to be unserious achieved a market capitalization in the billions of dollars. Memecoins combine the viral nature of internet humor and blockchain innovation for remarkable digital assets.
How did Dogecoin become so big ?
If there ever was a textbook case for ironic success, it has to be Dogecoin. Billy Markus and Jackson Palmer founded this coin in 2013 as a Bitcoin parody. It achieved moderate success before undergoing explosive growth in 2019 and 2020. The growth was boosted by Elon Musk’s promotion and a vibrant online crypto community.
Dogecoin took Bitcoin’s working model and used the Japanese dog breed Shiba Inu as its logo. Shiba Inu was a popular internet meme, and Dogecoin launched with this humorous concept and nothing else. When crypto enthusiasts were surveying the market for the latest exciting asset, it was right there, ready for the taking, and it recorded growth, reaching an insane market cap of $80 billion in 2021. Since then, Dogecoin has shrunk considerably but still stands as the largest memecoin.
DigiToads looking to revitalize the concept of meme coins
Most memecoins focus exclusively on the marketing power of the underlying meme. DigiToads is very much a memecoin with the concept of digital toad avatars. However, it seeks to achieve more utility and provide a sustainable coin for investors, unlike most memecoins that will have short lived viral relevance.
DigiToads (TOADS) is a play-to-earn gaming metaverse. Users nurture digital toads to engage in various battles to protect their habitat and hunt. The project also has a real-world sustainable mission, with 2.5 % of profits going to charities that protect rainforests.
Currently, DigiToads is in the middle of a presale that has raised more than $4.7 million in its first few weeks of going live—notably, the presale is in ten successive stages, with TOADS price increases from one stage to another.
Accordingly, this project promises to exceed its memecoin predecessors and become the first truly sustainable memecoin.
Pepecoin after “Pepe the Frog”
The success of Dogecoin inspired a new memecoin called Pepecoin (PEPE). Pepe the Frog is a notorious internet meme based on a cartoon character by Matt Furie. It has become a staple on internet chat boards like 4Chan and has a notable presence on Facebook and Twitter. Pepecoin creators claim no affiliation with the cartoon, but there is no denying the character’s effect on the meme coin’s popularity.
Its success after launching in 2023 was not a surprise. Elon Musk tweeted about the project during its massive rally in May 2023. Pepecoin may have the cyclic limitations of Dogecoin because it also has no roadmap, utility, or vestige of long-term goals. The notoriety of the meme has still got the coin significant traction among crypto enthusiasts. This rally has tapered somewhat in recent weeks, possibly signaling the market’s cyclic interest in such memecoins.
Conclusion: DigiToads utility could be the clincher
Pepecoin and Dogecoin are quite similar because they only have one dimension. In other words, they live by the meme and can die by the meme. DigiToads wants to create a vibrant community that engages in a rewarding game rather than endless social media promotion between rallies. Accordingly, this coin can change the memecoin operating model by providing sustainable utility to users.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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