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With the SEC on a rampage against crypto, labeling multiple alt coins as securities, the flight to DeFi protocols intensifies. DigiToads (TOADS) presents a shining example, with the presale earning investor trust as Avalanche (AVAX) faces market turbulence. As more liquidity flows into DeFi, and with liquidity driven narratives, all the growth within the next twelve months will happen there. And DigiToads looks primed to absorb a vast amount of this incoming liquidity.
DigiToads (TOADS) Memecoin Meets Flywheel Economics
DigiToads does what most protocols aspire to do but never achieve. It introduces something revolutionary. This nascent protocol takes flywheel economics to a new level, with every aspect of the protocol purpose-built to generate wealth within the ecosystem and reward holders.
Analysts have already forecast TOADS soaring 800% in the coming weeks, and aggressive ecosystem expansionary designs such as the Platinum Toads easily explain these predictions. The protocol distributes 12 Platinum Toads to the best on-chain traders giving them remote control of one-twelfth of the treasury and allowing them to pocket 10% of profits made. DigiToads leverages community skills to accelerate its growth, which leads to more fantastic payouts for TOADS holders.
With the protocol’s play-to-earn game airdropping a portion of all in-game item sales to all holders, the earning potentials in The Swamp (the DigiToads ecosystem) are multi-faceted. DigiToads will launch a native DEX called The Trading Post, adding another source of revenue for the ecosystem. The NFT staking mechanism allows users lucky enough to snag one of the 3,500-strong collection of trending NFTs and use them to earn 2% of every transaction funding this payout pool.
Better yet, TOADS has deflationary tokenomics, with 2% of each transaction burnt, putting upwards pressure on price as the total supply declines. The ecosystem even has a charity initiative donating to preserve rainforests. DigiToads exemplifies a protocol that provides value to investors at every step underpinned by excellent tokenomics. And with the vitality of a memecoin, there is no telling how far this protocol can go.
Avalanche (AVAX) Faces Market Turbulence
Avalanche (AVAX) suffers from the broader market turbulence and looks likely to enter a bearish trend that could last weeks. Analysts’ price predictions expect this to be relatively short term shown by optimistic price predictions forecasting a high of $31.06 for Avalanche (AVAX) in 2024.
AVAX was a member of the alternative layer ones, collectively dubbed the ‘Ethereum Killers’ that rose to prominence in the last cycle. $AVAX became one of the top altcoins due to its rapid transaction finality, which attracted many DeFi projects to its ecosystem, notably TraderJoe.
Avalanche (AVAX), however, has pivoted its focus over the last year, launching blockchain services for institutional clients. Avalanche (AVAX) recently launched Ava Cloud, which makes creating subnets easier, providing a straightforward onramp for institutional clients to set up their own blockchains.
Become a TOADS Holder Today
As liquidity rushes into DeFi protocols like DigiToads will surge. With each part of the protocol feeding the larger vision, TOADS is an excellent example of flywheel economics. Several analysts even expect the NFT staking mechanism to make the 3,500 TOADS collection one of the most popular NFTs.
The Swamp is only just beginning; investors can join this larger journey today. There is no vesting for presale participants, so users can lock in their gains whenever they want, and the fully doxxed team behind the project signals a genuine long-term vision. As the SEC pushes capital into DeFi, it provides the perfect groundwork for TOADS to soar in value in the coming months, and TOADS could even become 2023’s top gainer.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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