Will Bitcoin Remain Slow This Summer? Analysts Recommend DigiToads Presale for Quicker and Exponential Gains
Bitcoin’s goal of hitting an all-time high of 65K might be a long shot any time soon. Nonetheless, 2024 seems promising for the largest crypto by market cap. Since January 2022, the crypto market has faced its largest-ever series of tests, which shook some veteran projects to the core. Some projects are yet to recover.
DigiToads, on the other hand has been on a good run. This crypto token is heading in the right direction, moving quickly raising over $6.6 million. And counting. This impressive run comes on a backdrop of increased pressure from various fronts in the crypto space. Read more to understand where the crypto market is heading and whether Bitcoin might hit projected extreme highs.
DigiToads Presale Success Pivotal for Investors Looking for Passive Income
The DigiToads world is a space various investors will appreciate, owing to the multiple offers available. The offers have been monumental for early adopters looking for something exciting yet utility backed to stand the test of time in the crypto market. DigiToads has collected over $6.7 million in its ongoing presale, proving its viability to investors.
Early investors, already in the project, have the best of two. The project inspires a frog meme; already popular on the internet, meaning it will remain relevant as long as the meme runs in social media. In addition, the project has a utility basis, running on three important facets of the crypto industry. It inspires a virtual space called the metaverse while pushing P2E as an interactive point for game lovers.
Those in the gaming activities will have their DigiToads account filled with more TOADS, coming from the prize pool. A typical gaming season goes for about 30 days, which activates a leaderboard that automatically lists every gamer alongside their scores. Those topping the list have access to more prizes. In addition, those at the bottom have a share of the in-game purchase feature that collects money from character improvements, and in-game purchases.
The gaming sessions put a spotlight on toad NFTs, which bring to life the root meme that runs the DigiToads ecosystem. DigiToads has put these NFTs at its core, pushing people to mint them on the website. As people become accustomed to these assets, they become aware of the ability to nurture their own TOAD characters from a young age. NFTs move beyond gaming because they come with a staking feature. The feature provides an avenue to gain more TOADS, which increases investors’ stake in the project.
Any investors who have visited the DigiToads ecosystem understand the value TOADS puts on the project. The token is investor centered and goes a mile to achieve set price increases, especially now that the presale has reached a fever pitch. TOADS token went for about $0.01 on presale launch weeks ago. Currently, they sell for $0.05. On official launch on 15th August, the assets will be up 450%, meaning that early investors will benefit significantly from the price jump.
The TOAD token has an in-built token burn feature, coupled with a staking pool. The two complement each other uniquely. Token burn helps to drive up prizes, and the staking pools provide returns for long-term holders.
Bitcoin’s Intrigues this Summer: Will it be Stagnant?
Bitcoin’s price chart has been in a narrow range for a number of weeks. The largest crypto by market cap is pushing hard to break the tag-of-war within the range.
Weeks ago, Bitcoin was at a bottom, and the expected move for the asset was up.
Noteworthy, sentiments in the market moved from fear to neutral now that the crypto space is on a positive run, looking to upset some naysayers. Bitcoin still has a long way to go though. The narrow ranges will keep it in a tight price range for some time.
Closing Note
The crypto space is on a rampage, motivating some budding projects such as DigiToads. This summer looks to inspire the movement of Bitcoin, which is currently on a tight range. Meanwhile, DigiToads’ early run is pushing the limits it sets to satisfy investors with its dual functionality.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
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.
