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  • Writer's pictureConnie Chan

FedNow launched, DigiToads dominates Memecoin world.

FedNow launched, DigiToads dominates Memecoin world.
FedNow launched, DigiToads dominates Memecoin world.

The Federal Reserve recently announced the launch of FedNow, a real-time payment and settlement service, aimed at providing faster and more efficient transactions in the traditional financial system. The introduction of this service is expected to simplify and expedite the process of sending and receiving money for both businesses and consumers. This development could have a significant impact on the economy by making it easier for businesses to operate and for consumers to pay for goods and services. In the midst of this transformative development, DigiToads (TOADS), a memecoin, has been making headlines for its innovative approach and impressive success in its presale, raising over $6.5 million.

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DigiToads (TOADS)

DigiToads is a memecoin that has gained attention from investors and crypto enthusiasts worldwide. The project's unique approach of crowning toads as the new kings of the swamp has resonated with the community, resulting in a passionate following referred to as the "swamp." DigiToads emphasizes its community-centric approach, allowing the community to play a vital role in decision-making. The project's commitment to environmental sustainability is also noteworthy, pledging 2.5% of all profits to charities focused on replanting trees and protecting the habitat of Amazonian species. The tokenomics of TOADS include a 7% buy and sell tax, contributing to the deflationary model. DigiToads aims to become a recognized currency across multiple web3 platforms, supported by a strong NFT ecosystem. Players can battle, breed, and train their unique DigiToads in an immersive virtual world, with opportunities to win real money through the DigiToad game, adding another layer of utility to the TOADS token.

FedNow launched, DigiToads dominates Memecoin world. FedNow

The Federal Reserve has developed a new real-time payments system called the FedNow Service. This system enables banks and other financial institutions to send and receive payments instantly, 24/7. The FedNow Service has been created to meet the increasing demand for faster payments as there has been a surge in the use of instant payments like Zelle and Venmo. The FedNow Service will compete with these existing instant payment systems, but it is expected to offer several advantages. FedNow launched, DigiToads dominates Memecoin world.

  • Reach: The FedNow Service will be available to banks and other financial institutions across the United States. This means that it will be able to reach a much wider audience than existing instant payment systems.

  • Security: The FedNow Service will be backed by the Federal Reserve, which means that it will be highly secure. This will be important for businesses and consumers who need to send and receive money securely.

  • Scalability: The FedNow Service is designed to be scalable, which means that it can handle a large volume of transactions. This will be important as the demand for faster payments continues to grow.


The introduction of FedNow marks a significant milestone in bridging the gap between traditional financial systems and the fast-paced world of cryptocurrencies. While cryptocurrencies have demonstrated the potential for instant and borderless transactions, FedNow brings similar capabilities to traditional banking, promoting greater interoperability and convenience for consumers and businesses alike.

Meanwhile, DigiToads has emerged as a leading player in the memecoin space, with its community-focused approach, commitment to sustainability, and unique tokenomics attracting significant attention and support. The success of DigiToads' presale, which raised over $6.5 million, is a testament to the project's potential for growth and appeal. As the financial world eagerly anticipates the transformative impact of FedNow on the payments landscape, DigiToads is poised for continued success and growth.

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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