Bitcoin Bull Cycle Remains Intact, Long-Term Crypto Holders Invest in DigiToads Presale
On-chain data analysis firm Glassnode announced that the Bitcoin (BTC) long-term holder supply has hit a new all-time high.These holders own roughly 75% of the circulating supply and clearly have no intention of selling.
The Bitcoin (BTC) bull cycle remains intact, and these long-term holders have even begun to increase their market exposure more broadly, targeting new DeFi projects and investing heavily in the
DigiToads (TOADS) presale.
Why DigiToads? Bitcoin (BTC) provides the perfect store of value, and TOADS affords broad exposure to DeFi.Together the two make a fearsome portfolio, and with DigiToads’ smaller market cap, its upside potential is far more explosive.
DigiToads (TOADS) Presale Shoots Past $6.7 Million
Long-term Bitcoin (BTC) holders have been buying up $TOADS en masse, and a dive into the protocol’s whitepaper quickly shows why.These investors love the hold-and-wait approach, and the DigiToads’ ecosystem, The Swamp, makes this approach highly profitable.
The Swamp features three core mechanisms designed to distribute value to long-term holders for passive investors and even more income streams for active market agents! The NFT Staking mechanism funnels 2% of ecosystem transactions to the payout pool allowing owners of the
TOADS NFT Collection to sit back and earn passive income stacking $TOADS.Could they be the best NFTs to invest in currently on the market?
The Platinum Toads initiative grants the most profitable traders from the community control over a portion of the treasury.They trade it, keep 10% of profits, and the DigiToads’ treasury grows.
Which in turn feeds value back to investors via payouts, airdrops, and token burns.This means all passive investors in the ecosystem gain exposure to integrated asset management services.
But the real attraction for Bitcoin (BTC) holders is the Toad Tax.
These investors love scarcity.They understand the value it creates; the only thing better than a fixed supply is a deflationary supply.
The Toad Tax burns 2% of all transactions entering and exiting The Swamp, and this intense deflationary pressure led analysts to hint at the potential for the native token to 100X.If long-term Bitcoin (BTC) investors are purchasing $TOADS, it is naturally one of the altcoins to watch over the coming months.
Bitcoin (BTC) The Internet’s Store of Value
Bitcoin (BTC) is an application-specific blockchain with one aim: to create a hard and fixed money.Investors have absorbed this mantra, and long-term holders continue to accumulate an increasing percentage of the total supply.
The Bitcoin (BTC) trade looks increasingly bullish, with the Spot ETF being a matter of when not if.
And when prominent institutional players begin buying up $BTC, the price will skyrocket.Larry Fink has publicly endorsed it on national television, and the tide has dramatically turned in Bitcoin’s (BTC) favor.
Analysts forecast a bullish range between $67,487.60 and $82,531.40 in 2024, and the wait-and-hold attitude looks poised to bear fruit very soon.
Closing Thoughts: Huge Upside for long-Term Holders
Patience is vital in crypto markets.Investors who can hold for a prolonged period will always secure the most significant upside.Alongside patience, being early is another crucial factor in determining ROI.
The journey of all top altcoins is the same.
Presale, launch on a decentralized exchange, and finally, launch on centralized exchanges.The greatest profit is secured in the presale stage, and investors can participate in the DigiToads blockchain ICO today! Join long-term Bitcoin holders and accumulate $TOADS today for a better tomorrow.
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The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky.There may be no regulatory recourse for any loss from such transactions.Conduct your own research by contacting financial experts before making any investment decisions.
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