The ten toes were the papal states that SDA call the "Antichrist". That kingdom stopped at the Reformation.
Tim, are you SDA ?
"And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast. These have one mind, and shall give their power and strength unto the beast. These shall make war with the Lamb, and the Lamb shall overcome them"
This is the short history of the ten horns and takes place after the Second Coming, and the 7th Trumpet, and the 7th Kingdom. They serve Satan who is the 8th kingdom since Babylon. They have no kingdom nor kingdoms.
Tim, the ten horns have crowns in Revelation 13, with 42 months left in the years, to rule with the beast-king.
Revelation 12, the ten horns - no crowns - 7 years in Revelation 12 - king 7 has come to power, so crowns on the 7 heads, but king 7 has not yet become the beast-king in Revelation 12.
Revelation 17, the ten horns - no crowns. the seven heads no crowns. Timing is first century. king 6 is ruling. kings 1,2,3,4,5 are passed.
The 7 kings are...
king 1 Julius Caesar
king 2 Augustus Caesar
king 3 Tiberius
king 4 Caligula
king 5 Claudius
king 6 Nero
king 7 end times little horn person
king 8 the beast-king (the little horn person killed and come back to life as the beast)
king 7 is the little horn person. Yet to come to power. When he comes to power as king 7, about 3 years later he will assassinated and brought back to life and becomes the beast - king 8. And continues to rule the short space of 42 months.
Revelation 17:
10 And there are seven kings: five are fallen, and one is,
and the other is not yet come; and when he cometh, he must continue a short space.
11 And
the beast that was, and is not,
even he is the eighth, and is of the seven, and goeth into perdition.