In the rapidly evolving world of cryptocurrencies, a surge in the number of exciting developments is sending shockwaves throughout the industry. As investors and enthusiasts closely monitor the latest happenings, three prominent digital assets have emerged at the forefront of attention. In a remarkable twist of fate, Ripple (XRP) has been relisted on the Canadian stock exchange after facing regulatory challenges, while DigiToads (TOADS) and Polygon (MATIC) are captivating the interest of crypto whales, drawing immense investments into their ecosystems.
DigiToads presale continues to soar
DigiToads is a revolutionary ERC-20 token that hopes to change how we view the meme coin industry. DigiToads introduces a new concept that combines NFT technology with play-to-earn gaming. Through this unique model, DigiToads users can own TOADS NFTs while simultaneously earning real money.
As a result, DigiToads has quickly emerged as a popular meme coin project, garnering significant attention from both investors and industry experts who recognize its immense potential in the crypto market. Investors have so far invested more than $6.2 million after buying more than 368 million TOADS tokens. The presale has grown by 370% in the Lilypad 9 stage and is expected to grow further in the coming weeks.
DigiToads also allows investors to participate in monthly TOAD vs TOAD trading competitions, where the most skilled traders in the Toads ecosystem are identified and rewarded. A total of 12 platinum Toads are awarded to the winners of these on-chain trading competitions.
As a holder of a platinum toad, you gain access to 1/12 of the TOADS treasury and receive 10% of all trading gains, showcasing the project’s commitment to rewarding competence and fostering a thriving community of traders.
In a bid to ensure unimpeded growth, DigiToads has incorporated an ingenious mechanism where 2% of the tax charges on every TOADS transaction is used to buy back and burn TOADS tokens. This process effectively reduces token supply resulting in token scarcity.
As demand for the token increases, this scarcity leads to surges in the token’s price, offering investors the potential for significant returns.
Ripple is back on the Canadian stock exchange as whales swim towards Polygon
BitBuy, one of the regulated cryptocurrency exchanges in Canada, has quietly reintroduced Ripple (XRP). This is now the second Canadian crypto exchange to re-enable support for XRP, which might indicate changing fortunes for the Ripple platforms.
BitBuy delisted XRP two years ago following the lawsuit brought against Ripple by the US Securities and Exchange Commission (SEC). The XRP community has fought hard to advocate for the listing on XRP on platforms that have previously delisted it, so this move by BitBuy indicates a major win for the community.
However, this is not a standalone occurrence, another Canadian crypto exchange, Newton, initially delisted XRP in November 2020. However, it reinstated support for cryptocurrency recently.
As we wait to hear the final ruling on the SEC vs Ripple lawsuit, Bitbuy’s support of the XRP cryptocurrency has sparked a flurry of speculation in the crypto sphere.
Meanwhile, whales have been moving large sums of money into Polygon (MATIC). For weeks, whales have been buying MATIC coins, putting the project on the road to recovery. The upward trajectory of MATIC started in June when the platform released an AI-based user guide powered by ChatGPT. The new AI-trained Copilot’s role is to help users navigate the vast Polygon ecosystem.
Final word
DigiToads is a tail-blazing project that allows users to embrace the world of NFTs while reaping substantial rewards through gaming and trading. With its play-to-earn model and the alluring platinum TOADs incentive, DigiToads is positioned as a top contender in the crypto market, drawing the attention of those seeking a high-potential investment.
Join DigiToads today and be part of this thrilling revolution in the world of blockchain gaming and NFTs.
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