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The crypto market is volatile and rapidly changing. Therefore, investors are looking for a relatively secure and promising option. At this time when MANA, ARB, and several other coins have seen a great reduction in their value, meme coin like DigiToads (TOAD) is allowing investors to secure their investments.
Wondering how TOAD is a better option than MANA and ARB? Let’s talk about these coins to help you make an informed decision.
The Sudden Drop of Arbitrum (ARB) Value
The Arbitrum airdrop page crashed when the claiming process began on 24th March. Some investors try to claim it through alternative techniques like Arbiscan. The worst part is that the market observed a significant sell-off of the token, and its price declined to $1. Not to mention, at ByBit, investors started trading for $7.50, but it suddenly dropped to $1.50 within minutes.
Experts indicate that of the 6.03 million Arbitrum claimed by smart money wallets, $5.01 million were moved to a decentralized or centralized exchange. Also, the analytics firm places smart money tags on active addresses that perform significant trading.
It’s true that smart money accounts added 3.45 million from DEXs, but the amount of exchange was much bigger- around 150%, than inflows to the wallets. This led to a great sell-off.
Decentraland (MANA) is Witnessing Negative Growth
MANA, a virtual reality platform, facilitates the consumption, development, and commercialization of applications and content. Built on the Ethereum blockchain, MANA investors can buy plots by leveraging their native token. Users can buy NFTs and create artwork on Decentraland. Since decentralization is a core focus of the platform, users on MANA have authority over the regulations. In fact, token holders can affect both corporate and game-related decisions.
In recent months, MANA has witnessed consistent negative growth. MANA started the New Year with great vision and hoped after facing problems in 2022. Its prices improved and started to stable in the New Year. But MANA’s prices were short-lived and started declining in February. In fact, in Marche, MANA reached 91.2% below its all-time high price of $5.9. Due to its downfall, crypto experts believe it’s not an ideal time to invest in MANA if you don’t want to take huge risks.
DigiToads (TOADS) Ray of Light for Investors
This meme has gained investors’ attention since its inception. TOADS’ market worth and increasing popularity are transforming it into a 30X better investment option for investors. DigiToads introduces trading school, peer-to-peer games, trading, Toad vs. Toad, NFT staking, and helping plant trees.
Since toads and frogs need a natural environment and trees to grow, DigiToads helps toads to live in a healthy environment. This project donates around 2.5% of its proceeds to the cause of planting more trees. Hence, it helps investors to benefit from the increasing value of TOADS while contributing to a beautiful cause.
DigiToads offers a play-to-earn gaming technique. Gamers can use toads to play and compete with one another and win amazing rewards and TOAD tokens. There are several other unique aspects that make the project interesting and promote continual growth, leading to the deflationary effect. In fact, on each transaction, a 2% tax is levied to burn TOADS. And due to this token, you can expect scarcity that leads to market demand and higher purchases of TOADS. As a result, the value of this amazing cryptocurrency increases.
So, while ARB and MANA are seeing a great downfall in the market, TOAD offers an opportunity for investors to make the most of their investment without worrying about any decline in the market.
Bottom Line
MANA and ARB have seen great losses in recent months. On the other hand, the increasing demand for DigiToads is raising its value. Investors who are looking for a secure option need to opt for TOADS.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
