Nigeria’s real Gross Domestic Product (GDP) recorded on a year-on-year basis, 3.11% growth at basic prices in Q1 2022, according to a report published by the National Bureau of Statistics (NBS), on Thursday in Abuja.

The NBS disclosed this through the Nigerian Gross Domestic Product Report (Expenditure and Income Approach) for Q1 and Q2 of 2022, published by NAN, where it indicated that Nigeria has a higher growth rate this year compared to the corresponding period of 2021.

According to the report, the growth in Q2 2022 remained positive at 3.54%, though lower compared to the growth rates recorded in Q2 of 2021 at 5.01 per cent.

“However, relative to Q1 and Q2 of 2021, the performance in 2022 indicates an increase of 2.60 per cent points in Q1 2022 growth rate and a decrease of 1.47 per cent points in Q2 2022,” it said.

The report said Household Consumption Expenditure in Q1 and Q2 2022 grew by 6.94 per cent and 17.64 per cent in real terms, on a year- on year basis. The growth rates in Q1 and Q2 of 2022 were lower than the rates recorded in Q1 and Q2 of 2021 respectively, the report said.

It added that Government Consumption Expenditure recorded growth rates of 9.91 per cent and -12.99 per cent in Q1 and Q2 2022, on a year-on-year basis, compared to -4.57 per cent and -53.56 per cent in Q1 and Q2 2021.

Another area of growth is Net Exports. The report said it recorded positive growth rates in the first two quarters of 2020 and moved to negative growth rates in the third and fourth quarters of 2020 as well as in the first three quarters of 2021.

“This is a departure from the trend in 2019. However, negative growth rates were recorded in the first and second quarters of 2022.

“Net exports grew in real terms in Q1 and Q2 2022 by -98.46 per cent and -92.76 per cent.

“These rates were lower than -91.74 per cent and -49.30 per cent recorded in Q1 and Q2 2021,” it said.

The report said National Disposable Income grew by 2.00 per cent both in Q1 and Q2 of 2022. But it added that a growth rate of -6.46 per cent and -5.66 per cent was recorded in Q1 and Q2 of 2021 respectively on a year-on-year basis in real terms.

The report said growth of National Disposable Income shifted to positive since Q4 2021, showing a better performance in 2022 compared to Q1 and Q2 2021.

“Compensation of Employees in Q1 and Q2 of 2022 grew by 6.48 per cent, and 3.93 percent respectively in real terms on a year-on-year basis.

“However, these growth rates were lower than 9.26 per cent and 19.44 per cent recorded in Q1 and Q2 2021,” it said.

Toon Finance meme Coin Takeover

What started as an internet meme with cute, cuddly toon characters has become the hottest memecoin.

Toon Finance is fast rising among meme coins and drawing attention from investors, gamers, traders, enthusiasts and the media alike. This success has been witnessed in the presale ICO where Toon Finance has raised over $3 million.

If you think that is a small amount compared to its competitors, you better think again because TFT is edging out most of its competitors. Investors are all running to Toon Finance, and its presale success qualifies it as an instant hit. But why are people so attracted to Toon Finance Coin? Well, a better answer can only be drawn from the coin’s fundamentals and its entire DEX ecosystem.

Toon Finance DEX Ecosystem

Toon Finance is more than a mere meme coin as it has an excellent underlying blockchain technology. Its ecosystem features robust integrations that offer more than a mere meme token drawn from cute Toon characters. Working on a DEX has been a major win for investors as they have more flexibility thanks to the reduced need for a central authority. Its associated features make it a great win for investors because it offers high security but low cost.

Operating on aDEX makes Toon Finance the most secure cryptocurrency on the market. The  lack of central servers is another plus point, as it eliminates specific points of attack that can be targets of cybercriminals.

Of course, if you are into crypto, you must be aware that cyber-attacks are never ruled out and can easily ruin your investment. But with Toon Finance, you need not worry about that anymore, as the DEX prevents unnecessary attacks and ensures that attackers cannot get hold of all your funds in the exchange. For crypto lovers, anonymity is the main  driving force, and the Toon Finance Protocol could not have been built any better to cater to this need.

Anonymity is extensively embedded in the Toon Finance DEX ecosystem, and investors entering the presale should never worry about the safety of their personal information. Why should you worry about the safety of your personal information if it is not needed in the first place?

This security feature is a crucial component thanks to the DEX system, which does not have any Know-Your-Customer (KYC) requirements. Your anonymity is a guarantee when buying Toon Finance meme coins, as you won’t need to reveal your name or address. If you have doubts, get your crypto wallet ready, skip the registration process, and buy Toon tokens.

Why Toon Finance is Driving Investors Crazy

First, Toon Finance is just another meme coin which offers excellent variety to investors. Traders, enthusiasts, investors and gamers are always looking for new coins with unique backgrounds, and Toon coins could have come at any better time.

Meme coins are currently a buzz in the cryptocurrency industry, and no one would take chances at investing in one of the most trending meme coins.

Of course, the trend in meme coins draws its precedence from Elon Musk’s attention to the DogeCoin. But I believe it is time for other coins to get a share of the trend.

Toon Finance coin has taken over the meme coin industry and is currently the most trending coin on most crypto platforms.

So, what has contributed to this trend?

The most basic answer to this question could have been the well-disciplined team behind its creation who are devoted to its success, but it gets more interesting if we mention the unique artwork behind this NFT project. Additionally, Toonie characters drawn from the Toon Family make it a lighthearted currency and a relatively easy investment option.

The unique artwork also makes it a great option for a collectible. Toon Finance coin is a great digital collectable that will enable you to keep up with the latest crypto market trends. This coin has also found an easier way to earn investors; trust because of the Toon Finance community. Inputs from the community drive major decisions, and all stakeholders are included in the development, marketing and other important aspects of the coin.

Investors can also play without any location restrictions alongside the lack of special permissions. These advantages contribute to its greatest advantage, which is the freedom of getting the coin and eventually fuels the increasing preference over other coins. Another reason Toon Finance is driving investors crazy is that those who are not confident with revealing their personal information while purchasing cryptocurrency can now find it easier to join the bandwagon. Its excellent anonymity features have attracted masses to its presale, alongside being cheaper than other coins.

TamaDoge Falls as TFT takes over

TamaDoge has recorded dramatic price drops and dwindling trading volumes as Toon coin sores. Its current price on CoinMarketCap.com is $0.0289, recording a 7.74% drop over the last 24 hours.

This price is slightly above the lowest point it has ever got of $0.02869, indicating that TamaDoge has been falling recently. The coin is currently ranked #2717, and the live market cap and circulating supply are currently unavailable. Currently, the maximum supply of $TAMA coins are 2 billion.

A brief overview of TAMA coin may suffice to give you a glimpse of why the price is falling relative to $TFT. $TAMA is a gateway NFT to the Tamaverse that will enable users to mint, breed and battle their Tamadoge pets in the metaverse. This sounds like a very interesting offer, in addition to the fact that it avails an opportunity to join the MMORPGs sphere by breeding, training and battling your Tamadoge NFT for a place on the leaderboard.

Furthermore, it promises to expand the P2E opportunities to include augmented reality. These features might be uniquely interesting but pale beside the great offer availed by the Toon coins.

Toon coins comprise a set of cute toon characters that are more interesting to own and provide a gateway to better gaming opportunities alongside NFT trading capabilities.

$TFT targets to address externalities around P2E, implying that it offers better MMORPG gaming opportunities than $TAMA. If you value the security of your information, Toon’s SHA256 encryption provides another utility that makes it better than $TAMA. $TFT coins are currently on sale at the live ICO, and a token goes for $0.014, which is a significantly lower price than other coins on the market.

Big Eyes Coin Demolished by Toon Finance

The Big Eyes coin is a community token targeting to shift wealth into the DeFi ecosystem and protect a vital part of the world’s ecosystem. You will agree with the creators that wealth is important in the world ecosystem and community tokens are the best avenue for that. Big Eyes have its advantages, given that they are building a blockchain system that self-propagates and supports hyper growth using NFTs.

Big Eyes coin is nearly as interesting as Toon coins because it is a cute currency, only that its cuteness is meant to resemble a billion-dollar industry. That begets the point as this coin is meant to make you richer if not rich already. But what might have contributed to the fall of this meme coin?

There might be more reasons than one, and the first is attributed to the exponential rise of Toon Finance. This rise may have taken part of the spotlight away from Big Eyes, and it seems not to be in a better position to catch up.

The second reason can be associated with the lack of utility for the Big Eyes coins, which worsens the competition with Toon Finance since its coins have utility. This utility aspect can be derived from the layout of the two coins, which are extremely layouts.

Big Eyes coin layout is not that reasonable given that 90% of its 2 billion tokens will be available at presale while the remaining 10% will be divided into 5% for charity and the other for marketing. Crypto experts regard Toon Finance’s structure to be quite reasonable given that only 50% of its 1 billion tokens will be available for presale, while the rest will go into a DEX for public trading after the end of the presale.

Big Eyes, IMPT and TamaDoge Lose Investors

Many crypto experts claim that TamaDoge and Big Eyes are overrated since they lack utility. These coins can be easily classified as hype coins because, like most meme coins, they only started with a lively community.

The hype is insufficient to sustain these coins, given that many other coins, such as Toon Finance, have community support alongside utility. This factor might partly account for why Big Eyes and TamaDoge are losing investors. Big Eyes, IMPT and TamaDoge, might also be losing investors to Toon Finance, given the later entrant offers a DEX ecosystem much to the delight of investors.

IMPT has a great underlying idea as it offers a solution to offset carbon footprints and progress towards environmental sustainability. This idea slightly resembles Big Eyes, as its focus is on ocean conservation. However, these great ideas might have been outlived by the core framework of meme coins, where all the value is embedded in the buzz. This factor could be the greatest reason that TamaDoge, Big Eyes and IMPT investors are flocking and contributing to the rise and rise of Toon Finance.

The Rise and Rise of Toon Finance

Toon coin has surpassed TamaDoge and Big Eyes with an increasing investor base and equally large community support. According to cryptocurrency experts, TAMA has fallen by a huge margin since its launch, and the meme coin project drew hype and attention until Toon Finance, and Big Eyes took over the market. TamaDoge could still be doing well, but Toon Finance might be getting a bigger share of the pie since it used a DEX compared to TAMA’s OKX.

The OKX platform is one of the biggest undoings for TamaDoge since it is only available in some countries. Therefore, Toon Finance could be stealing the limelight from TamaDoge because it is available in all locations. The OKX platform has also made it difficult for investors to buy and sell and could be partly why TamaDoge is losing investors.

Toon Finance’s imminent success is also built on the increased usage of DEX platforms among Ethereum users alongside a large supportive community.

Generally, Toon coin has taken the attention off TamaDoge and Big Eyes, subject to the increased attraction of investors following the launch of their presale.

The Big Eyes coin was marketed as a long-term and goal-driven project, and people became even more interested when the developers announced donating 5% to charity. However, since the meme coins are entirely built on the buzz, the coin seems to have lost this attention following the launch of Toon coins. The Toon Finance presales instant success has significantly threatened Big Eyes’ progress.

Toon Finance seems to surpass its predecessors thanks to its uniqueness and the promise of a more robust DEX platform. Many users are attracted to the ease of use features availed by the DEX platforms, which is part of why Toon is attracting huge numbers of investors, traders and enthusiasts. No other cryptocurrency platform has created such a robust DEX ecosystem before, and Toon Finance might serve as a major revolution in the NFT trade.

The rise of Toon Finance

Toon Finance are also supported by many other features, including a faster block time, a better algorithm, and a user-friendly platform. Toon Finance offers better block speeds than other cryptocurrencies in the market. Its block time is significantly high compared to TamaDoge and Big Eyes, making it possible for the platform to process and confirm coins faster.

Toon Finance also offers a bigger supply of tokens than other meme coins, given that it is still in its early development phases. It makes Toon Finance a scalable and efficient cryptocurrency that might provide even more exciting features in future development stages. This discussion can never be complete if we do not mention the importance of a user-friendly platform in attracting more users. It is an attractive option for a crypto investor who is attracted to simplicity since the platform is easier to navigate. This and many other features will continue attracting users to the platform and maintain the buzz that it has been generating.

How to Find the Best ICO Presale such as Toon Finance

An ICO, or initial coin offering, is a new form of fundraising in which start-ups offer investors digital tokens in exchange for equity. In an ICO presale, a limited number of tokens are sold to strategic investors at a discount. If you’re thinking about investing in an ICO presale, there are a few things you need to know before taking the plunge. 

1. Do Your Research:

Not all ICOs are created equal. Before investing in an ICO presale, make sure you do your due diligence and research the project thoroughly. Look for red flags like a lack of team transparency, unrealistic roadmap goals, or a whitepaper that doesn’t hold up to scrutiny. These can all be signs that the ICO is not worth your investment.

2. Know the Risks:

Investing in ICOs is risky business. Unlike traditional investments, there’s no guarantee that you’ll see a return on your investment. In fact, many ICOs have turned out to be scams. That’s why it’s so important to do your research and only invest in projects that you believe in.

3. Have a Strategy:

Don’t just throw your money at the first ICO you come across. Have a strategy and stick to it. Decide how much you’re willing to invest and set firm limits on how much you’re willing to lose. This will help you avoid making rash decisions and prevent you from losing more money than you can afford to lose.

4. Be Patient:

Many people get impatient when it comes to investing in ICOs. They see the potential for huge returns and want to get in on the action as soon as possible. However, rushing into an investment can be a recipe for disaster. Take your time, do your research, and only invest when you’re ready.

5. Have Fun:

Remember, investing in ICOs should be fun! If it starts to feel like work, then you’re doing something wrong. Relax, take your time, and only invest in projects that excite you. The best investments are usually the ones we make with our hearts as well as our heads.

Investing in ICOs can be a great way to make money but it’s also very risky. That’s why it’s so important to do your research and only invest in projects that you believe in. With a little bit of planning and patience, you can find some amazing deals on ICO presales. Just remember to have fun and don’t put all your eggs in one basket!

Toon Finance Protocol / ToonFi Telegram / Toon Finance Presale / Toon Finance Twitter