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The meme coin phenomenon is one of the most intriguing aspects of the crypto space, both to seasoned traders and outsiders.
The journey of a meme coin seems fraught with dangers; either the meme never takes off, and the coin goes to zero, or it becomes successful.
But then it no longer has the qualities that meme coin investors search for, namely 100x potential.
A new generation of ERC20 coins with low markets cap has descended on the crypto space, and these low-market cap gems are ready to outpace the last generation of meme coins.
But who leads this new wave of rising stars? DigiToads (TOADS) – already poised to outperform Shiba Inu (SHIB) and Dogecoin (DOGE) in price growth.
DigiToads (TOADS): A Memecoin Meets a Sophisticated Economic Model
DigiToads has everything a meme coin investor looks for, a relatively low market cap, explosive price potential, and virality.
The presale raising more than $5.8 million proves all of this, but the team behind DigiToads has gone a step further, ushering in a new generation of meme coins.
TOADS has been built for the benefit of the community and features an incredible flywheel design that allows the project to continue surging after the initial influx of capital that all memecoins attract.
The Swamp (the DigiToads ecosystem) features a revolutionary staking mechanic, a play-to-earn game, an educational platform, a native DEX, deflationary tokenomics, and a highly aggressive treasury management strategy.
Each feature accrues value and distributes it to holders. The NFT staking rewards long-term supporters with a constant flow of passive income.
Toad-Cade, the play-to-earn game, allows users to earn real cash and funds an airdrop for all community members from the proceeds of the in-game store.
The Trading Post, the native DEX, allows The Swamp to retain all the value created through trading $TOADS and locks it into the ecosystem for holders.
But analysts cited the Platinum Toads initiative when forecasting a 1,400% rally for $TOADS before the end of the year.
The Platinum Toads feature grants the best on-chain traders access to a portion of the treasury, integrating an asset management element into the protocol.
This mechanism makes $TOADS the ideal crypto for beginners who want to set and forget while being exposed to the returns possible in DeFi.
Shiba Inu (SHIB) Shytoshi Kusama Stepping Down?
Shiba Inu (SHIB) has been enjoying a period of increased interest due to the introduction of Shibarium.
The test net version of this layer two has already processed over 26 million transactions and will add a much-needed source of buy pressure to the Shiba Inu (SHIB) ecosystem tokens.
However, rumors of Shiba Inu’s (SHIB) lead developer Shytoshi Kusama stepping down have dampened community spirit.
Analysts commented on this potential tech leadership gulf when forecasting $SHIB targeting a range high of $0.00001545 in 2024.
Dogecoin (DOGE) Growth Trajectory Weakens
Dogecoin (DOGE) has done the impossible regardless of what investors think of the token. It went from a joke to a project worth billions.
And throughout 2021, $DOGE was undoubtedly one of the best altcoins to invest in.
However, times have changed, and new DeFi projects look to usurp the originator of the meme coin genre- the two most significant candidates being $TOADS and $PEPE.
Price forecasts from analysts show that $DOGE still has upside potential, with a range between $0.12 and $0.14 expected in 2024.
But investors need to look further afield when it comes to 100x opportunities.
The best altcoins to buy now are the projects with low market caps that can still print the multiples that make meme coins so intoxicating.
Closing Thoughts
Explosive price growth has an inseparable connection with market capitalization. Why do stocks go from fast growers to stalwarts?
Their market cap swells, and the volume of capital required for them to move increases massively.
The same happens to meme coins. Investors searching for 100x or even 50x opportunities need to stay away from large-cap projects from the last cycle.
These dinosaurs will underperform in the coming cycle, and investors need to pay attention to the new generation full of innovative and undervalued gems- DigiToads is the perfect example.
Participate in the TOADS presale today, and join a journey without limits.
Visit DigiToads Presale
Mint DigiToads NFTs Here
Buy DigiToads NFTs on OpenSea
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