PEPE falters as DigiToads presale raises over $ 5.8 million
Pepe coin (PEPE) is down by over 70% after rallying to reach an all-time high on May 5, 2023. This retracement led to sharp losses for token holders and investors, reducing the meme coin’s appeal. As PEPE’s market performance falters, the DigiToads presale is gaining traction, with over $ 5.8 million raised.
Investors seem to respond positively to TOADS, the native token of DigiToads, which may point to the project’s potential in the growing decentralized finance (DeFi) market. The DigiToads presale also showcases the project’s approach to play-to-earn (P2E) gaming, non-fungible token (NFT) collections, metaverse, and charitable initiatives.
This article explores the progress of the DigiToads presale, which has raised over $5.8 million when PEPE struggles.
Exploring the DigiToads presaleÂ
The DigiToads presale has been successful in the DeFi, raising over $5.8 million. Those who got in early stand to gain from the presale, which has caused an increased demand for the TOADS. The presale consists of ten stages; each offering discounted prices for the token.
The current Lilypad 9 stage has sold almost 360 million TOADS, each at $0.047, raising over $5.7 million. It’s anticipated that once TOADS lists on decentralized and centralized exchanges, prices could rise to $0.055.
The success of the DigiToads presale can also be attributed to various features, including a P2E gaming space, an NFT marketplace, competitions, charitable initiatives, a metaverse called The Swamp, and trading contests.
The DigiToads ecosystem aims to enhance user engagement and possibly maximize return. Additionally, investors can benefit from immediate trading once the presale concludes, as there is no vesting period. To ensure transparency and security for investors, DigiToads has been audited by Coinsult.
DigiToads provides a web3 P2E game where TOADS token holders can own, nurture, and engage in battles with digital toads. The platform also features an NFT marketplace for traders and collectors.
Recently, DigiToads released 3,500 NFTs for minting during the presale. Owners can trade, sell, or hold, possibly generating income. Considering the presale’s ability to attract investors to the diverse ecosystem of recently-released NFTs, supporters are bullish.
PEPE: dropping volatility
PEPE is a deflationary token associated with the Pepe Coin project inspired by the “Pepe the Frog” meme. The founding team is anonymous and launched the project on Ethereum.
Notable, PEPE developers focused on providing entertainment value rather than prioritizing financial gains for investors. Despite this, PEPE prices rallied in April and peaked on May 5, 2023.
PEPE was initially successful, attracting investors and large holders. However, investors’ attention is now on alternatives, including DigiToads, which can potentially yield higher gains. Currently, PEPE is under pressure, and prices are volatile. Experts predict this downtrend to continue, a forecast that could negatively impact the token’s valuation.
Summary
The DigiToads presale has raised over $5.8 million and is attracting investors in the DeFi market.
Despite PEPE’s struggles, the DigiToads presale is gaining attention from investors and crypto whales, who appear to be increasing their TOADS holdings.
The project offers various features, and TOADS may continue to increase in value even after being listed on exchanges.
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