Although volatility permeates the whole cryptocurrency landscape, it is especially pronounced inside the memecoin ecosystem, which has become the center for massive increases in investment. As a result, many investors now turn to meme coins since they guarantee substantial growth in investment.
The three tokens with a 100x profit potential are Dogecoin, Shiba Inu, and DigiToads, which we will introduce to you in this post as we delve into the realm of meme currencies. Keep your seat firm.
After introduction, DigiToads is expected to grow by 100 times
DigiToads has earned the right to be compared to Dogecoin and Shiba Inu, two of the most popular meme currencies in the cryptocurrency market, after a successful presale thus far. DigiToads differentiates itself from the majority of meme currencies with its excellent utility, which includes play-to-earn (P2E) and NFT, and sophisticated tokenomics.
Community is at the center of DigiToads’ tokenomics, which has a total quantity of 585 million tokens—a small amount by any measure. Pre-sales, the community, and the ecosystem’s growth are skillfully covered by the token distribution. Pre-sales and community incentives received around 70% of the 405 million total token supply, which is swiftly selling out with over 360 million having sold.
A further 5% of the token’s total supply is set aside for development, which concentrates on both the token and the ecosystem, with the remaining 13% of the token’s total supply going to the liquidity pool, public releases, and project launch. With just 5% of the token’s supply going to the team and over 7% going to rewards, the community is given even more prominence.
The project also has a token burn mechanism, which deflates the already limited supply and adds to it. The significance is that it is an attractive and promising token because to the predetermined maximum supply’s continual reduction, which creates scarcity and drives up prices.
As the token launch is set for August 21, you still have time to take part in the presale, which is presently at stage 9 and costs $0.047 per token. However, it will expire on August 15th. You shouldn’t pass up investing in DigiToads as it is predicted to surge both before and after launch.
Following recent market inactivity, Dogecoin (DOGE) is prepared for a surge
Based on the well-known online meme « Doge, » the most well-known meme coin in the world is called Dogecoin, which is ranked eighth by market capitalization in the total cryptocurrency market. Dogecoin will be at the vanguard of meme mania and rallies since it is the most popular meme coin, making it an alluring and successful investment.
Although Dogecoin hasn’t recently exhibited much positive momentum, its growth potential cannot be understated. Dogecoin’s bullish momentum is demonstrated by the fact that it rose more than 75,000% from its all-time low on May 7, 2015, to that point. Dogecoin is one of the tokens you should imitate in the second half of the year as it is poised for a rise in the upcoming months due to its recent inactivity.
Shiba Inu (SHIB) is a fantastic investment due to its strong bullish momentum
Another popular meme currency with strong bullish momentum is Shiba Inu. With a return on investment of almost 460,000% from its initial pricing, Shiba Inu is one of the model tokens in the meme coin ecosystem.
Shiba Inu is now in a downtrend for the year, but it has a remarkable potential to drive an uptrend from negatives, as seen by its climb of a staggering 9 million percent from its all-time low in 2020. Shiba Inu is poised to skyrocket, making it an appealing investment.
Conclusion
The meme currency market has enormous development potential, and Dogecoin, Shiba Inu, and DigiToads are predicted to drive this rise. DigiToads is poised to soar owing to its strong foundations and sophisticated tokenomics, giving it a token with a potential 100x profit.
