As Meme Coin Bald Plunges from $85 Million to Zero, DigiToads Appears as The Most Secure Investment
Crypto users were in for some bad as well as good news this week. The crypto community was stunned as the prices of leading crypto project Bald plunged by almost 90% due to an alleged rug pull. At the same time, the strong presale growth of the newly launched DigiToads (TOADS) helps crypto users pare some of their losses. The Ethereum-based cryptocurrency has been making rapid strides because of its hybrid DeFi model which offers users various opportunities for earning passive income. Considered to be one of the best cryptocurrencies to buy in today’s market, DigiToads also sports a robust security framework that shields its users’ wealth and privacy. DigiToads has emerged as a secure investment option that has a utility-driven model. Given its stellar presale performance, many analysts have included it in their best cryptocurrency ico lists for 2023. So far, the crypto project has raised over $6.7 million in presale funding.
DigiToads: Build a crypto fortune with an exciting DeFi game
DigiToads is a state-of-the-art crypto project where one can access a wide array of options for earning passive income. These options range from staking NFTs to trading tokens to winning tokens in play-to-earn games and other kinds of competitions. For transactional purposes like giving out rewards, buying tokens, or paying taxes, the DigiToads team has created a native coin that’s called the TOADS token. The TOADS token serves as the medium of exchange on the DigiToads network.
The TOADS token is a versatile cryptocurrency that has been selling like hotcakes in the market. Apart from serving as the primary coin on the network, the TOADS token is also used as a governance token. All TOADS token holders get voting rights that they can use for expressing their opinion about protocol changes proposed by other community members. When a community member moves a proposal, token holders can vote in favor or against it and express their opinion.
What’s drawing a lot of crypto users to DigiToads is its trading competition. These competitions not only serve as an opportunity to earn passive income but also to learn new skills. The participant registering the highest trade volume in a month wins the contest and the profit they earn is divided between the winner and the platform. The DigiToads team also takes such talented traders under its wing and trains them to learn about treasury management. After they complete the training, they go on to help the team in managing the treasury.
A highly popular feature of DigiToads is its play-to-earn game which allows players to win TOADS tokens by scoring the highest in a season. To make the game even more exciting, there are several in-game assets that players can buy to boost their chances of winning and leaving their rivals behind. These in-game assets include a special digital creature called DigiToads which has supreme power and the capability to turn the tables of a game.
The DigiToads team has been working actively to expand the platform’s reach and make more people aware of its scope. For this purpose, the team would be rolling out a new official merchandise range that DigiToads’ fans will be able to purchase using TOADS tokens. The tokens collected from the sale of these items would be donated to organizations working relentlessly to save the Amazonian rainforests.
Is Sam Bankman-Fried behind the Bald rug pull?
Bald is a recently launched cryptocurrency that is powered by the Base blockchain network. It was considered an altcoin to watch out for as the Base blockchain was being developed by leading crypto exchange Coinbase. The Bald network had also released a native cryptocurrency for transactional purposes and it was called the BALD token. Ever since the alleged rug pull, speculations have been rife if former FTX CEO Sam Bankman-Fried was behind it. According to reports, there is on-chain data to suggest that transactions between wallets linked to Alameda Research – a trading firm owned by Bankman-Fried – and Bald’s deployer contract.
Conclusion
If you are unable to decide what cryptos to buy now, DigiToads is a project to consider, especially if you are eyeing long-term returns. Its hybrid model gives it an edge over other popular altcoins and enables its users to build a sustained source of passive income. Another factor that works in DigiToads’ favor is its policy of incentivized participation where crypto users are encouraged to make decisions that ensure the platform’s optimal growth. Head over to the TOADS presale to participate in this once-in-a-lifetime opportunity.
Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
