Toncoin (TON) is the native currency and fuel that drives The Open Network. However, the price of TON has been declining for the past three consecutive months. Therefore, many Toncoin holders are gradually shifting their focus to the leading token called DuragDoge ($DURAG) due to its high staking reward, scarcity of supply, and potential.
DuragDoge is one of the new meme coins currently trending and which brings culture, community, and even crypto aspirations with it. As a brand, DuragDoge represents the outsiders, the hustlers, and the dreamers who understand that success lies in risky endeavours. With its remarkable presale performance, many are asking if this DeFi crypto coin could be a 10x move.
In this article, we will examine why Toncoin holders are betting big on DuragDoge and determine if it will be a 10x move.
Toncoin (TON): Navigating Price Drops and User Decline
Toncoin, initially launched by Telegram and currently managed by The Open Network, utilizes its cryptocurrency called TON. It is employed to make payments for transaction charges as well as to stake and vote for any decision-making in the organization. Toncoin provides many benefits and has integration capabilities for various blockchain platforms.
Lately, the Toncoin network has seen a major decline in its price, and accordingly, daily active users have decreased considerably. This decline has impacted the overall activity across the Toncoin network. As such, the holders of Toncoin are now looking at DuragDoge as the next investment option to explore.
DuragDoge ($DURAG): The High-Stakes Altcoin with Impressive Staking Yields
DuragDoge is now being recognized as one of the best new altcoins available out there, providing benefits beyond a meme currency. It’s a trading platform that’s ideal for those who love to take risks and those who are willing to win against all the odds. Through this method of trading, it is possible to make purchases and sales without having to part with some of the profits in the form of taxes.
Toncoin holders are now flocking towards DuragDoge, which has impressive staking yields. Once staking becomes active, users can lock down tokens and receive up to 20 per cent annual percentage yield. This makes it an ideal top DeFi token since investors can stake with more tokens and earn more over time.
DuragDoge ($DURAG): Offering Deflationary Model and Promising Returns for Investors
Another reason for the shift is that DuragDoge has a deflationary token model wherein the number of tokens decreases over time. This scarcity can make the token more valuable and useful in the market. Also, there is concern for safety, as the project has been audited and approved by Coinsult.
This presale has attracted investors looking for the best new altcoins to invest in. At a current value of $0.0009 per token, an expected launch price of $0.01 is highly possible and could yield high returns. With major exchange listings ahead, many see DuragDoge as a potential top DeFi token for high returns.
Conclusion
As Toncoin holders search for more opportunities, DuragDoge is one of the best picks to consider. Its staking rewards, deflationary structure, and security features make it a viable DeFi crypto coin. Looking at the momentum it has set, this project will surely be a 10x investment move.
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