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The stage for meme coins is changing, with most projects understanding the necessity of real-world applications. Shiba Inu (SHIB) is taking advantage of this shift by launching Shibarium layer-2, its blockchain network built on the Ethereum (ETH) blockchain, to provide a scaling solution. In preparation for this event, whales are accumulating SHIB tokens faster, with about 1 trillion purchased by this growth in the past eight weeks.
DigiToads (TOADS) is another token preparing to upstage the market with its unique approach. This project goes beyond the community engagement and charming mascots meme coins are known for. It offers holders a gamification model in the metaverse and NFT staking. Its surging presale is an invitation to Shiba Inu whales wanting to purchase crypto coins with the potential for substantial rewards.
This article explores the rising demand for the charming Shiba Inu meme coin and the features of DigiToads that are leading its presale and drawing the attention of crypto whales.
DigiToads (TOADS): Pioneering a New Frontier in Meme Coin Innovation
DigiToads has had a successful presale run, with the project acquiring over $6.6 million from sales. The presale journey spanned 10 phases and is slowly approaching its end, with only a few days left in Lilypads 10, the final presale stage. At this stage, TOADS tokens are selling for $0.05, the highest amount for its initial coin offering before the project is launched and listed on Bitmart and Uniswap. Upon launch, each token is expected to have a minimum DeFi coin price of $0.055, giving investors who bought coins at $0.01 at the first stage about 5.5x their investment.
The top ICO has sold nearly 377 million tokens, with less than 5% left to conclude its presale. The increasing demand for this token will likely result in heightened momentum, propelling it to a higher ranking on the decentralized cryptocurrency list. With such a unique and prosperous presale, it is no wonder that Shiba Inu whales are looking to join DigiToads. As these whales begin to acquire TOADS tokens, the project will conclude its presale faster, and its demand will surge, potentially driving the token price higher before August 21st, its scheduled launch date.
DigiToads has a fixed maximum supply of 585 million tokens, but the token burn feature built into the ecosystem causes a deflationary factor, increasing its scarcity with every purchase. For every buy or sell purchase on the platform, 2% is burned, ensuring the circulating supply of TOADS is constantly decreasing. This will trigger a future demand vs supply chain, further driving the token’s price. As the project continues on its revolutionary path to upstaging the crypto market, investors will find more opportunities to participate in its immersive community and enjoy impressive features like metaverse gaming and NFT staking.
Shiba Inu (SHIB): A Remarkable Meme Coin Enigma
The upcoming launch of Shibarium, Shiba Inu’s layer 2 blockchain network, has caused a surge in the crypto’s prices, with whales acquiring over 1 trillion Shiba Inu tokens in about two months. This activity was recorded on wallets holding between 10 and 100 million SHIB tokens between June 4th and the present, showing that this new launch draws interest from the cryptocurrency community. Analysts speculate that the launch of this scaling solution, Shibarium, could raise SHIB prices even higher, knocking off its fifth zero and possibly hitting the $0.001 mark in the future if the network burns trillions of tokens annually.
Shytoshi Kusama, ShibaSwap’s lead developer, announced Shibarium’s possible release at the Blockchain Futurist Conference in mid-August, where Shiba Inu has secured sponsorship. It is necessary to note that this date is mere speculation as Kusama never confirmed the release, yet this news has changed the trajectory for Shiba Inu. Its native and governance tokens, SHIB and BONE, are surging, and its dominance is rising as it maintains the 14th position by market cap on the decentralized cryptocurrency list.
Conclusion
DigiToads is a pioneering force, shifting the focus of meme coins from internet sensations to utility-based tokens offering potential rewards. The presale success of this top ICO leaves investors wanting more as they strive to fatten their portfolios with similar tokens. With its passionate following, Shiba Inu is witnessing a surge in its DeFi coin price following whale activity. These whales are amassing a staggering amount of SHIB tokens ahead of the Shabarium layer-2 release and piquing curiosity for participation in the DigiToads presale. The opportunities are massive for interested investors, and with the launch date announced for DigiToads, there is more certainty surrounding the cryptocurrency.
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