I like this, but it's very short.
It sounds very happy, and actually sounds like a song out of minecraft. Don't think that's a bad thing, that game has amazing music!
Anyways. I think that the tune that goes from 0:00 to 0:38 lasts waay too long. Either it should change a bit more when toad does his "Yahoo!" or it should just be removed entirely.
Actually, that tune seems like a good one to base a song around, it just seems to be done a bit odd. I love the song, but this thing stood out to me.
The base is very nice though, I love it!
All in all, I love the song, but the first tune ruins it a bit for me.