The crypto market is flooded by a bullish sentiment as several tokens managed to grab quite some attention from investors and traders. Among the top gainers, Shiba Inu (SHIB, Polygon (MATIC), and DigiToads (TOADS) have attracted the attention of whales and crypto enthusiasts. Read on to find out why these three tokens enjoy bullish forecasts in the next months to come. 

DigiToads to Explode 10x As Launch Nears

DigiToads has been one of the most successful presales of this year. After selling out in all its stages so far, the project is in its ninth presale stage and the native tokens, TOADS, have generated 370% returns to early investors. With only one stage remaining, the token is expected to launch for a minimum of $0.055, up from its initial price of only $0.01. 

With only one stage left to fulfill, DigiToads’ erc20 tokens, TOADS, have created FOMO (fear of missing out) among investors, traders, and gamers. The ecosystem is centered around the Swamp, a virtual world populated by digital toads, where players nurture and engage them in fights to win competitions and earn more TOADS in return. 

The reward system has been designed with fairness in mind. Up to 50% of all revenues generated by the platform from in-game items will be given to the top 25% of the best players, and an additional 10% will be distributed to the entire community on a monthly basis. 

Apart from the play-to-earn feature, DigiToads has garnered attention due to its focus on generating passive income for its supporters. For instance, it has launched trending NFTs, it will organize monthly airdrops and even trading competitions. 

Those who further seek to generate income can also stake NFTs on the platform. The ever-growing staking pool retains a portion of all transactions on the platform and then distributes the funds among stakers. Hence, the longer you stake the NFTs, the more returns you generate. 

Overall, DigiToads has refreshed not only the meme coin market but has become a darling for long-term investors, Web3 gamers, and even traders. Many consider it one of the best cryptos to buy now thanks to its huge potential, engaging ecosystem, and multiple avenues to generate profits. 

Shiba Inu Whales Stack Up Coins Amid Surge

Shiba Inu has not had a very impressive performance in 2023, but some believe that things are to change. Lately, crypto whales have been amassing SHIB, which could be a potentially bullish sign as price appreciation may come. 

In addition to this, Shiba Inu’s Puppynet reached 25 million transactions, which indicates huge demand. Puppynet has reached this impressive number in only a few months, since its launch in March. 

Polygon Shows Recovery Signs

The bulls are frantic when it comes to MATIC, especially as the token has been struggling significantly due to the SEC, which has generated FUD (fear, uncertainty, and doubt) in the markets. However, MATIC holders staked an additional 1.7% of the circulating supply of MATIC tokens in June, and price increases have historically been associated with an increased staking activity. 

Summary

The crypto market shows recovery signs, which is great news for crypto enthusiasts. With SHIB and MATIC finally on the right track, holders of these coins could see gains in the near future. 

The DigiToads community is eagerly awaiting the big launch on Bitmart and Uniswap. After increasing by 450% in the presale, experts have estimated that TOADS will go as high as 10x after the launch as the TOADS will be available for the masses. Thanks to the engaging gaming ecosystem, combined with a stake-to-earn mechanism, a doxxed team, and a robust whitepaper, this project stands to change the meme coin market as we know it today. 

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The post Shiba Inu (SHIB) and Polygon (MATIC) Among Most Bullish Trending Tokens with DigiToads (TOADS) appeared first on CoinChapter.

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Filed under: Bitcoin - @ July 2, 2023 7:00 pm