Riot Platforms to Increase Bitcoin Mining Capacity, DigiToads (TOADS) Presale Soars by 8%

Riot Platforms, one of the largest bitcoin mining companies in the world is set to spend $168 million on new Bitcoin mining machines that will double its hash rate capacity by 2024. According to a press release by Riot, they are also in the process of purchasing an additional 66,560 miners by the end of 2023. These recent developments were made possible through a partnership with MicroBT, a company that is dedicated to becoming the world's leading Bitcoin-driven infrastructure.

Meanwhile, DigiToads (TOADS) continues to cause a stir in the market with its red-hot presale that has grown to become one of the top presales in 2023. In this article, we will dig deeper into DigiToads and why it is one of the best investment options for crypto enthusiasts.

DigiToads is more than just a meme coin fad

DigiToads is a cryptocurrency that brings together the features of mainstream cryptocurrencies like Bitcoin and Ethereum with the playful nature of meme coins like Dogecoin and Shiba Inu.

Inspired by amphibians like toads, DigiToads represents a new breed of cryptocurrencies that implement a hybrid De-Fi model that has attracted a wide array of users.

By merging the entertaining essence of meme coins, the gratifying gameplay of the play-to-earn game, and the lucrative incentives of the stake-to-earn platform, DigiToads creates a seamless and user-friendly ecosystem. This distinctive blend infuses the platform with dynamism and ensures its accessibility, differentiating it from the crowded meme coin market and solidifying its position as one of the leading cryptocurrencies in the market today.

The DigiToads platform has a total of 3500 unique NFTs that NFT enthusiasts can now mint here. These NFTs represent unique characters and sets within the DigiToads Universe. By staking these NFTs on the platform, users can earn rewards through TOADS tokens.

Additionally, DigiToads uses 2% of the tax collected on all TOADS transactions to feed the staking pool, which is then used to incentivize user interactions. To you as a DigiToads NFT holder, this means extra income for staking your NFTS.

Another unique feature of DigiToads is the play-to-earn gaming model. This feature is a brilliant example of how web3 gaming can become a source of extra income for investors and gaming enthusiasts. The game, known as the toad Cade allows players to participate in engaging gameplay with aesthetically pleasing graphics and a rewarding ecosystem.

Players compete with each other in a metaverse known as The Swamp. The game requires players to navigate challengers, feed, and breed their DigiToads all in preparation for battle. Players whose toads win in battle are rewarded with TOADs tokens collected from 50% of in-game purchases.

But that is not all, TOADs investors have one more way of making extra income on the platform. Each month, DigiToads will host exciting trading competitions where traders will be expected to showcase their expertise in trading skills, they will also have an opportunity to learn important treasury management skills for the DigiToads team.

The most active trader will receive a Platinum Toad, an incentive that will give them access to 1/12 of the Toad's treasury for future trades. Winners also get to partake in the profits generated through trading activities on DigiToads.

Final word

As RIOT continues to make efforts to keep up with industry peers such as Core Scientific INC and Marathon Digital Holdings, the DigiToads presale continues to grow at insane rates. With the price is expected to increase from $0.047 to $0.05 by the time of launch. This is the best time to get some TOADS tokens in preparation for the expected 50X gains after the launch of DigiToads.

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