Mona Memecoin blows 30%, Analysts recommend this alternative project for triple-digit gains
The rallying concept of a meme coin varies from project to project.The likes of
DigiToads feature sophisticated gaming communities, while others use popular meme themes as the organizing concepts.
This level of diversity has allowed various platforms to grow and gain traction with users.The DigiToads presale has only been active for a few weeks and is already heading for
the
$6 million mark.Such pace of crowdfunding is a testament to the project’s fundamentals and its distinction from existing projects in the market.
Mona coin is one of the lesser known meme coins, but it has a core community that has kept it going for a decade.However, it has had a slow year, reflective of overall trends in the crypto market.
MONA blows about 30% this year
Japan is one of the most fascinating markets for crypto adoption.In 2013, a pseudonymous meme coin creator,
Watanabe, took inspiration from the cat-like Mona character in the country’s online social circles to launch a meme coin into the market.This coin is a Litecoin hard fork and gained popularity, especially with those who know the Mona character.
Mona has had a slow year, losing approximately 20- 30% of its value.
This mark is not the worst in the market but still represents a project that has stagnated this year, even as markets struggle to shake off multiple problems.
Mona is notable for its zero-tax structure, as users can use it to make payments without fees.This arrangement has made it gain traction for payments.That said, the fun aspect of Monacoin is the primary draw, with most of its users having some level of interaction with the meme’s online character.
DigiToads (TOADS) looks to achieve triple digit gains
Even as solid projects like Mona struggle, market movers are looking at projects that provide a lift.DigiToads has taken the market by a storm by being one of the few tokens recording positive trajectory even as the rest stutter.
The team has structured this presale in stages.DigiToads presale participants have already seen significant gains through the stages with the presale now at stage nine, where participants have achieved a 370% growth, with token price up to $0.047.
A further gain in the last stage of the presale should see TOADS tokens appreciate 400% by stage 10 and 450% at launch.
Accordingly, investors looking for the next 100X crypto are beginning to take notice.Everyone in the market is angling for such underrated projects.
DigiToads’ value proposition lies in its utility.The project is implementing a play-to-earn game with the TOADS token at the heart of operations.
Users nurture digital toads in a swamp ecosystem to protect their habitat and collect in-game collectibles (NFTs) within the ecosystem.
This utility goes a long way in creating a community of engaged users.DigiToads also has an innovative NFT value-preservation mechanism with its introduction of NFT staking for users.The project has conducted development in this regard and
minting NFTs is now possible at.
Conclusion
DigiToads has created a buzz in the meme coin scene for the right reasons.
It has a combination of memecoin fun hype, and actual utility to propel the project.DigiToads is seeking to advance on what the likes of MONA and Dogecoin achieved by providing a sustainable meme coin for posterity.
The appreciation of the token even before the official launch is a testament to the planning that has gone into the project rollout.It is ,therefore, likely to be the next big thing in this industry.
Buy DigiToads NFTs on OpenSea
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