Bitcoin faces uncertainty amid a Federal rate hike DigiToads remains promising as $ 4.6 million raised

The Federal Reserve has raised interest rates about 10 times in a bid to control the rates of inflation. These higher rates have affected different investment options including stocks, commodities, and cryptocurrencies such as Bitcoin. Investors in these sectors remain uncertain as they wait to see what happens in the coming months.

Meanwhile, cryptocurrency investors have been seeking shelter in the newly introduced meme coin. In this post we will look at what DigiToads is and why its red-hot presale is so attractive for investors.

DigiToads: The king of Meme coins

DigiToads is a new cryptocurrency project that seeks to revolutionize the meme coin industry. Most meme coins in the cryptocurrency market right now do not have any intrinsic value. The meme coin space is therefore known for cryptocurrencies that are mostly created as lighthearted jokes. DigiToads hopes to change this perception by introducing a utility-laden meme coin.

The DigiToads platform is mostly focused on play-to-earn gaming and stake-to-earn features.

With the play-to-earn gaming feature, $TOADS holders can collect, purchase, or trade digital pets known as DigiToads. Players can do different activities with their digital NFT pets such as nurturing them using different items they purchase from the In-game marketplace and breeding them to multiply them, and training them so they can increase their competitive edge.

Every month, players will have the chance of battling their DigiToads in a competition. The top 25% of players will receive cash rewards that will come from 50% of the profits made from in-game purchases. These rewards are meant to incentivize more players to join the game while also keeping current players more motivated to keep playing.

DigiToads also has a deflationary token known as $TOADs. Investors can acquire $TOAD tokens through the ongoing DigiToads presale. The presale, which has been going on for two months now, has raised upwards of $4.6 million. More than 98% of the allocated tokens for stage 7 have sold and only a few coins are remaining before stage 8 arrives.

As an investor, this is the best time to join the presale as the $TOADS token is currently trading at $0.036, which is the lowest the coin will ever be. Buying now will also allow you to get a massive 12% discount.

$Toad holders can also stake their NFTS in the staking pool to make extra income while also providing liquidity for the DigiToads ecosystem. Those who stake their NFTS receive rewards from the 2% transaction fees that DigiToads charges for all tractions.

In addition to play-to-earn and stake-to-earn features, DigiToads will also have a TOAD school where $TOADS token holders can learn full courses that will help them become better market participants. Students of the Toad school will have a special opportunity of using their skills once the decentralized trading platform and trading post.

While DigiToads is all about maximizing the chances for their investors to make more income while also participating in a fun meme coin ecosystem, they are also concerned about real-life toads. That is why the DigiToads team will set aside 2.5% of all profits from the ecosystem and donate it to charities that are actively involved in the conservation of the Amazon rainforest.

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Bitcoin faces uncertainty

Bitcoin and the cryptocurrency market, in general, have been reacting to recent developments in the US banking sector. Traders seem to be uncertain about the potential direction of digital assets as Bitcoin and other Cryptos face volatility amid vital interest rate decisions from the Us federal Reserve.

In May 2023, the federal reserve raised the interest rate, which put more pressure on Bitcoin over the short term causing investors to seek out safer investment options like a treasury.

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Final word

As the market waits to see whether or not the federal interest rate will rise again in June, investors are still looking for the best cryptocurrencies they can invest in for at least 10X returns by 2024. DigiToads is one of the few coins that investors can expect to give them these kinds of returns. With its promising features and ambitious roadmap, it is only a matter of time before the price of $TOADS tokens explodes.

For more information on DigiToads visit the website, join the presale or join the community for regular updates.

 

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