Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) are established cryptocurrencies that were also not immune to challenging market conditions marked by extended price dumps and slumping interest in the recent past.
However, DigiToads, a new crypto project, plans to roll out distinctive features that leave an impression on the broader industry. DigiToads investors can benefit by holding TOADS, its native token. The platform will introduce a non-fungible token (NFT) marketplace for collectors to buy popular NFTs.
Additionally, it organizes trading contests, one of the multiple reasons investors are flocking and banking on the platform’s diverse ecosystem.
Supporters argue that these features have given TOADS an advantage, indirectly supporting LTC, XRP, and BCH. Specifically, the state of TOADS’ price action has helped these mainstream coins partly navigate through bear cycles.
This article looks at how DigiToads’ key features made litecoin, ripple, and bitcoin cash firm in the last bear run.
DigiToads prospers with distinctive features
LTC, XRP, and BCH have been firmer–and even higher– in recent bear runs, with the DigiToads presale offering an opportunity for coin holders and investors to diversify their crypto portfolios.
The presale has attracted significant attention from token holders looking to earn up to 450% in capital gains on launch. The ninth presale stage alone raised over $6 million and sold 360 million TOADS tokens at $0.047 each.
Industry experts anticipate further demand before the final stage, Lilypad 10, when the price is expected to surge to $0.05.
DigiToads’ NFT marketplace offers a curated collection of 3,500 unique NFTs. Traders and collectors can trade, sell, or hold onto their acquired NFTs, possibly generating income and capitalizing on the increasing value of NFTs. This has partly contributed to the resilience of LTC, XRP, and BCH holders during bear runs.
DigiToads organizes monthly trading contests where participants can win 12 Platinum Toads as prizes, with one awarded monthly. Highly skilled traders manage the Treasury in the decentralized finance (DeFi) market.
The 12 users with Platinum Toads receive a 10% share of any trading profits the
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Author: Guest Post