Although memecoins offer the potential for life-changing gains, knowing when to buy and sell is more important than getting in at the right time. There’s no point getting in early if you sit on a memecoin with no utility until it smashes its all-time high and then fades into obscurity.
Nobody knows the direction PEPE will take, it could continue to ride this incredible wave, but when memecoins dip, they dip monstrously. Dogecoin flew up over 5,000% in 2021, culminating in a series of Elon Musk tweets and taking a nosedive off a proverbial cliff shortly following an appearance on Saturday Night Live from Musk.
Often with memecoins, it’s a case of investor musical chairs, as whales and retail investors jump between project to project, looking to whip up enough hysteria so that they have exit capital to sell at a high price – just to think there’s a poor soul out there who bought Dogecoin at $0.74 – our thoughts go out to you.
You rarely see a memecoin that generates millions of dollars in pre-sale before it even hits its first exchange. However, that’s exactly what’s happening with TOADS at the moment. Although it is due to land on BitMart once launched, the hysteria is already bubbling away.
The developers, who have already released their identity to mitigate any rug pull concerns, have approached the development of this protocol from a unique direction. Firstly, 2.5% of monthly profits will be donated to a charity selected by the community – ensuring that organizations that emphasize maintaining Toad’s natural habitat can continue their fantastic and worthwhile work.
DigiToads (TOADS) has many unique selling points that excite investors. It is a deflationary asset with no vesting period and cool NFTs; stake 2 earn is also a big part of this project. Emphasizing educating the community, The Toad School provides free trading insights for all traders holding three NFTs or more.
Those astute traders who prove they are the best within the ecosystem will have access to 10% of the treasury via one of the twelve Platinum Toads to maximize the capital within the innovative P2E game. The long-term roadmap includes a Uniswap launch and traditional media advertising campaigns to send the project out of the swamp and head to the moon.
They’re just a few critical components of the project we have highlighted today – you can find more information on their website or social media pages.
The whole crypto market seemed to bleed out slowly as tens of millions of dollars floated into PEPE. Of course, we aren’t saying the same thing will happen with DigiToads (TOADS), but it indicates how quickly things can snowball in the world of memecoins.
Liquidity is always in the market. The key for project developers is to attract astute investors who can eye up a solid project before it hits an exchange and social media influencers who can help generate a narrative behind the token.
The roadmap, plan, and development team have a proven track record for projects like TOADS. Once the BitMart listing is underway, it could result in an explosion in the price, and those who got in early enough will be rubbing their hands together.
Those who were late to the party or didn’t get involved at all will be kicking themselves, hoping they had listened to the likes of this article about the next big memecoin making moves.