• The crypto market is volatile, and investors are looking for a secure option. At this time when MANA, ARB, and other coins have seen a great reduction in their value, meme coin like DigiToads (TOAD) is allowing investors to secure their investments.
• Arbitrum (ARB) faced issues when the claiming process began on 24th March. Its price dropped significantly, and smart money wallets moved $5.01 million of the 6.03 million tokens to exchanges.
• Decentraland (MANA) has also been experiencing negative growth since February 2021. Investors should be cautious before investing in MANA due to its fall in prices.
The crypto market is volatile and rapidly changing, leaving investors searching for a relatively secure and promising option. As Arbitrum (ARB) and Decentraland (MANA) have experienced a decrease in value, DigiToads (TOADS) has experienced an increase in demand as an alternative investment choice for those seeking security for their investments.
Arbitrum’s Issues with Airdrop Page Crash
When the claiming process began on 24th March, Arbitrum’s airdrop page crashed leading to a significant sell-off of the token with its price dropping to $1 at ByBit while it was trading at $7 previously. Smart money wallets moved $5.01 million of the 6.03 million tokens claimed to exchanges leading to a huge sell-off of ARB tokens amongst investors.
Decentraland’s Negative Growth
Decentraland is built on Ethereum blockchain technology and allows users to buy plots by leveraging native token MANA as well as buy NFTs or create artwork on Decentraland platform which allows decentralization over corporate or game-related decisions by token holders themselves.. Despite starting off 2021 with positive growth outlook, MANA has been facing consistent negative growth since February 2021 reaching 91% below its all-time high price of $5 – cautioning potential investors from investing in MANA if they are not willing to take risks due to its decline in prices .
DigiToads‘ Spike In Demand
Due to the issues with ARB and decrease in value of MANA , meme coin like DigiToads (TOAD) has experienced an increase in demand among crypto enthusiasts looking for security for their investments amidst the volatility of crypto markets today .
It is important that investors do their research before making any investments especially during these times when crypto markets can be so volatile – taking into account factors such as past performance , current market conditions etc . With TOAD providing an alternative opportunity for securing investments , it may prove beneficial for those who are willing take calculated risks .