The crypto market abounds in new projects coming to life. One of the main topics of interest in the crypto community nowadays is DigiToads (TOADS), a new entrant that has captured all the attention thanks to its staggering growth prospects. Read on to find out what DigiToads (TOADS) is and whether it will be able to surpass some of the best altcoins, such as Uniswap (UNI) and Conflux (CFX), in price growth.
What is DigiToads (TOADS)?
DigiToads (TOADS) is a meme coin quickly growing in popularity thanks to its many features and growth prospects. The project has raised more than $2.1 million and soared from $0.01 in the first presale stage to more than $0.024 at press time.
DigiToads (TOADS) is designed as a play-to-earn ecosystem focusing on environmental concerns and profitability. It has become a key altcoin for investors concerned with eco-friendliness. The project is to pledge 2.5% of profits to charities keeping the Amazonian Rainforest afloat by replanting trees and creating homes for hundreds of different animal species.
Another reason why DigiToads (TOADS) is exploding is its deflationary nature. This means that the supply of TOADS tokens will be decreased over time. Lower supply and higher demand lead to increased value and profitability for holders. This creates value for DigiToad’s community.
Is Uniswap (UNI) losing ground among best altcoins?
Uniswap has been downtrend this year, shedding more than 12% in value in the past month alone. However, a trend reversal may be around the corner, as the decentralized exchange has surpassed $1.5 trillion in total trading volume.
This is even more important considering the ongoing US crackdown on crypto, pushing out many competitors, which is why some expect Uniswap’s UNI to register considerable price growth in the next months.
Conflux (CFX) to bridge the east and the west
Conflux (CFX) has enjoyed massive popularity as the most popular crypto project providing access to China’s growing blockchain technology sector. This is the only cryptocurrency approved by the Chinese government, which has created hype among investors.
With multiple-digit growth so far this year, Conflux (CFX) battles the bears in the crypto market as the only Chinese blockchain project to capture the market. Even more importantly, Conflux (CFX) wants to become the “bridge” between the East and the West, which could translate into further price growth for the CFX token.
Can DigiToads (TOADS) surpass Uniswap (UNI) and Conflux (CFX) in price growth?
If you are looking for the best altcoins to invest in, it’s important to consider the long-term potential and invest in a credible crypto. Uniswap (UNI) has been in a downtrend, shedding significant value. Conflux (CFX) has attracted massive attention, but investors must consider its geopolitical risks carefully.
On the other hand, DigiToads (TOADS) has doubled in price and is expected to reach as high as $0.05 by the end of its presale stages. Some of the key catalysts for growth are its deflationary nature, the play-to-earn (P2E) gaming ecosystem, and staking rewards.
Also, DigiToads (TOADS) is gaining a foothold in a high-growth industry, expected to expand multifold in the next few years. The P2E market is expected to reach as much as $8,856 million by the end of this decade, up from only $3,292 million in 2022.
One of the most credible crypto projects right now, DigiToads (TOADS), is quickly becoming one of the most popular play-to-earn meme coins. The TOADS multiverse is a great opportunity for investors who want to invest in one of the best altcoins that target the crypto market and propose a clear use case by focusing on solving environmental issues.