Shibarium – Shiba Inu’s exciting layer 2 blockchain
Crypto enthusiasts and analysts have been eagerly awaiting the launch of Shiba Inu’s latest project – Shibarium, a Layer 2 blockchain based on the Ethereum network. The launch of Shibarium is expected to turn Shiba Inu into a DeFi ecosystem with features like a crypto exchange and web 3.0 games like Shiba Eternity. This news excited the community and pushed the price of Shiba Inu to new heights.
But no less exciting is the growth of another up-and-coming meme coin – DigiToads (TOADS). This Ethereum-based meme coin has surprised everyone with its pre-sale growth and could help promote financial inclusion by offering users various ways to generate passive income.
DigiToads – Best cryptocurrency for 2023
DigiToads is one of the altcoins to watch in 2023. With its impressive presale growth, DigiToads is outperforming many popular cryptocurrencies. The platform was developed by combining the functions of different tokens to create a dynamic interface. What is unique about DigiToads is the variety of ways in which users can earn passive income. Whether it’s staking, trading tokens, playing web 3.0 games for rewards, or collecting tokens for active participation, there’s plenty to explore at DigiToads.
The platform’s native token is TOADS, which is based on the Ethereum network’s ERC-20 standard and is currently available for pre-sale. The project has already raised more than $6.2 million in pre-sale funds and can be found in the lists of promising crypto ICOs.
Another notable feature of DigiToads is its deflationary nature. The amount of coins is deliberately controlled to keep supply below demand. If the supply goes beyond the set level, the excess tokens will be burned or destroyed by the DigiToads team. Such “token burn” events are planned to preserve coin scarcity.
In the coming months, the DigiToads team will be announcing a new feature – the online think tank called TOADS School. This addition to the DigiToads ecosystem will offer informative sessions on cryptocurrencies. If you are interested, you can now take part in the official advance sale at a reasonable price.
Shiba Inu – Successful meme coin with a variety of offers
Shiba Inu, inspired by a Japanese breed of dog, is a premium meme coin and one of the first animal-themed meme coins on the market. The success of Shiba Inu is impressive as the coin continues to evolve and progress. The native token SHIB serves as a medium of exchange on the network, and the platform has already launched two other crypto tokens – BONE and LEASH. While BONE, as a governance token, allows members of the Shiba Inu community to post their suggestions on the platform, LEASH offers exclusive benefits for loyal supporters of the meme coin.
Shiba Inu offers a wide range of services that set SHIB apart from other meme coins. The platform features the decentralized trading venue ShibaSwap, where users can trade or buy not only Shiba Inu tokens but other tokens as well. On ShibaSwap, token holders can provide liquidity, stake their tokens and exchange them for rewards. Another highlight are the Shiboshis, a collection of 10,000 NFTs based on the Ethereum network. Each of these NFTs is unique. At the same time, they can be used in various applications. .
Recently, Shiba Inu’s market cap reached $4.4 billion, and trading volume has also increased significantly in recent weeks.
Conclusion
If investors are unsure which cryptocurrencies to buy right now, DigiToads and Shiba Inu could be exciting projects. Taking a long-term view, analysts would probably recommend DigiToads as a better option. The versatility of DigiToads’ model, which offers users various ways to earn passive income, is praised by experts and could provide a sustainable source of passive income.
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