The Securities and Exchange Commission (SEC) has been cracking down on the crypto sector, causing anxiety in the industry. Lawsuits against two major exchanges in June have had widespread effects. However, DigiToads has remained resilient in its presale, raising close to $6 million in a few weeks. This mixed fortune is common in the sector, with coins constantly fluctuating. Meanwhile, eToro has announced the delisting of four tokens due to regulatory concerns. The SEC’s lawsuits against Binance and Coinbase may have influenced this decision. DigiToads, on the other hand, continues to impress with its presale. The project is a decentralized gaming ecosystem with a utility token, and it has real-life sustainable goals, including donating profits to Amazon rainforest conservation. Unlike the tokens targeted by the SEC, DigiToads’ performance is not tied to the team’s activity but to market forces and game adoption. The recent eToro news may concern token holders, but utility tokens like DigiToads are not currently targeted by the SEC. Despite the SEC’s actions, DigiToads provides a promising alternative for investors looking for new options in a crisis-ridden market.
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