FTX was once a leading cryptocurrency exchange platform with over one million users. However, it collapsed in early November 2022 due to a liquidity crisis involving its utility token, FTT. The collapse had a significant impact on the crypto market, causing losses and debts for many of its users. The FTX portal is now live, allowing affected customers to submit claims for consideration, but uncertainty still surrounds the exchange. As a result, customers may choose to invest in more promising tokens, such as DigiToads, which we will explore further in this article.
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FTX Portal Live: Victims to submit claims, likely to buy more TOADS. The new favorite token of investors
FTX users affected by the bankruptcy can now file a proof of claim through the newly launched customer claims portal. Recovered assets are expected to be used to purchase more TOADS, the utility token at the heart of the DigiToads ecosystem. FTX Portal Live: Victims to submit claims, likely to buy more TOADS.
DigiToads is a meme and utility token that combines NFT and P2E features and has a clear roadmap filled with unique features and developments. It has gained significant traction within the crypto scene, resulting in increasing demand. Over $6.1 million has been raised in presales, which is proof of the strong community and confidence in its vision.
DigiToads is a P2E gaming platform that will launch a new web game allowing players to collect, nurture, and battle DigiToads in its swamp arena. The P2E token will be used for in-game purchases and to buy food, potions, and training equipment for DigiToads, which gives it important use cases.
As an NFT platform, DigiToads’ offering will include a TOAD NFT Collection, which will comprise 3,500 unique NFTs to be launched during the presale. The NFTs will be minted on the platform using the utility token. Another unique feature DigiToads will be rolling out is NFT staking, which allows NFTs to be staked for rewards from the staking pool. The NFT staking is scheduled to launch on August 21, the same day as the token launch.
DigiToads has advanced tokenomics, which further adds to its appeal and increases its demand. With a low total supply of 585 million tokens, its value is expected to soar as demand increases. In addition, DigiToads has a built-in burn mechanism that will create a deflationary effect, reducing the token supply over time and contributing to its climb in value.
The DigiToads presale is ongoing and scheduled to end on August 15. The presale is currently in stage 9 at $0.047 per token and will increase to $0.05 in its final presale stage. As a lighthearted meme coin and utility token whose utility covers P2E and NFT, investors are likely to accumulate DigiToads tokens. Its growth potential has been predicted to be enormous, with analysts forecasting an increase of 450x.
Final Thoughts
DigiToads has gained a huge following and a strong community since its presale launch, which has propelled it to increasing value. As a token with unique offerings, immense growth potential, exceptional fundamentals, and a strong community, DigiToads has now become a favorite among investors. We are confident about this project and strongly suggest taking a look.
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