PEPE losing investors after NFT scam while capital and interest flow to DigiToads
DigiToads‘ code is secure following a thorough review by Coinsult, a blockchain security and audit firm. Meanwhile, pepe coin (PEPE) remains under pressure and faltering.
As laws regulating crypto and the industry are being developed, the resulting weak check and balances have made malpractices widespread in crypto. Countless cryptocurrency firms have hoodwinked capitalists leading to losses. It is why investors seek assets that can be profitable and secure to invest their hard-earned capital in.
DigiToads, a cryptocurrency platform, is a protocol that investors can explore. It seeks to revolutionize the meme coins sphere, offering longevity and reliability.
DigiToads: a new era in the meme industry
DigiToads uses a toad as its mascot and offers stake-to-earn, play-to-earn, and other features. Notably, the project is gaining traction for its opportunity to provide holders with yield-earn opportunities and non-fungible tokens (NFTs).
DigiToads has been reviewed by Coinsult, an audit firm that has scrutinized over 150 blockchain startups and corporations. This audit reinforces the authenticity of DigiToads, making it a token investor can consider buying.
DigiToads creates opportunities to earn income. By staking TOAD NFTs, they receive a return from the NFT staking pool. Rewards distributed are from the 2% fee imposed on every transaction.
Users can also earn more yield by participating in Toad-Cade, a play-to-earn (P2E) game by DigiToads. Players will compete using their digital toad characters. At the end of each season, the top 25% of the players will receive enticing rewards. These rewards will be from the profit earned by DigiToads from selling goods in the gaming ecosystem.
TOADS prices may also rise in the months ahead. DigiToads has a deflationary mechanism whereby 2% of the buy and sell tax is used to buy back and burn TOADS. The diminished available token supply, along with the increased demand, could support prices.
DigiToads will appoint experienced traders to trade on the firm’s behalf to ensure its treasury is always up to the mark. Participating traders will be drawn from the monthly trading competitions held over a year.
These traders will also get access to 1/12th of the treasury to source their trades. As a reward for honest work, traders will receive 10% of their profit on each transaction.
PEPE price declining after NFT scam
Pepe is one of the most popular erc 20 tokens in the crypto space. However, token’s prices have been dropping after users were scammed on Twitter to connect their wallets to mint PEPE NFTs.
These scam posts were reposted countless times by a bot. To make it look real, scammers referenced renowned companies, including the Lofi-Pepe collection and the gaming platform Topia, as supporters.
The scam has caused investors to lose interest in the project.
Conclusion
DigiToads is a project investors can consider. It offers earning opportunities, its code is secure, and the project’s presale has been successful.
Meanwhile, experts predict pepe coin prices to contract following the successfully executed scam early this month.
Investors looking to diversify their crypto portfolios can consider TOADS as the project is feature-rich, code secure, and its presale has so far raised over $3.5m.
For more information on DigiToads, visit the website, join the presale, or join the community for regular updates.
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