Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Trading volume increase in tandem with market sentiment. Investors perceive less risk and expect greater returns; hence they interact more boldly with markets.
And this becomes a self-fulfilling prophecy, with increased trading volumes attracting more investors.
The market looks ready to kick off a fresh rally, with Pepe (PEPE) trading volumes swelling and DigiToads (TOADS) tokens selling out fast as presale demand spikes.
A rush of activity for these memecoins points to the underlying strength of the crypto market at this moment, with these typically risk-on assets only flourishing when investors are confident of a prolonged upwards movement. Has the next bull market already started?
TOADS presale tokens have been flying off the shelf at an astonishing speed. The presale has already raised $5.8 million during its first 9 stages, and with this trajectory, TOADS will entirely sell out.
Given the presales dynamic price model, investors who want to buy $TOADS while they are still undervalued will have to get a move on, as there is only one stage of presale left.
DigiToads has rapidly become one of the best DeFi projects to invest in, given its flywheel economic design that absorbs capital and distributes it amongst community members.
And within the protocol itself, TOADS holders will find plenty of earning opportunities.
Users can participate in the play-to-earn game, Toad-Cade, where they battle NFTs against other players, with the top 25% of players earning a percentage of the prize pool each season.
Toad-Cade has an in-game store for users who want to increase their chances of victory, and 10% of all the revenue from these
Read more on cryptonews.com