Tamadoge, one of the most well-known ERC20 tokens, takes a novel approach by combining meme currency concepts with play-to-earn (P2E) game elements. Simply put, Tamadoge aspires to be the finest meme coin by capitalizing on the “Doge” style’s widespread appeal.
Due to retail demand, meme coins like Dogecoin and Shiba Inu are expected to see massive price increases in 2020. However, Dogecoin and Shiba Inu were doomed because they were not practical, which is crucial to the success of any venture.
For the time being, investors’ attention is focused on Tamadoge, which is already performing admirably during its presale phase.
Cryptocurrency is Set for a 10x Price Explosion
The TAMA native token, used on the Tamadoge platform, has been selling exceptionally successfully, giving resources for the platform’s continued growth. However, the price of TAMA is increasing with each transaction because there is less of it accessible. It’s primarily because the Tamadoge crew has completed all of their milestones ahead of schedule thus far.
According to crypto analyst Jacob Crypto Bury, TAMA has a high upside potential, which we can also see during the presale process. Assuming the presale is successful, TAMA’s potential for growth and subsequent significant returns on investment is wide open.
Despite the recent downturn in the cryptocurrency market, the popular Play-to-Earn (P2E) platform continues to set new milestones. However, even if the industry as a whole is still picking itself back up after the crash, the success of tokens like TAMA offers us reason to believe that the worst is over.
The fact that this is still an early-stage project only adds to the impressiveness of the accomplishment.
Tamadoge Nears $14 Million
Tamaverse ecosystem hopes to become a major player in the blockchain gaming industry. Only about 85% of the presale allocation has been sold as of this writing; thus, there is a limited time left for investors to stock up on tokens at a discount before the launch of LBank and Uniswap.
Each TAMA coin has a new price tag of $0.0275, but the price will increase by 10% to $0.0300 once the initial supply of 100 million is gone.
The current exchange rate of 36.36 TAMA for 1 USDT will drop to 33.33 TAMA once Tamadoge completes its presale. So far, Tamadoge has already raised $13.7 million and is on its way to achieving the $16 million target.
Tamadoge 5% Burn on Pet Store
The TAMA price could rise significantly amid Tamadoge’s burn rate of 5% on pet store transactions. The NFT pets and Tamadoge shop are scheduled for release in the fourth quarter of 2022.
TAMA’s value is predicted to increase as gamers hoard tokens ahead of in-store sales’ 5% burn rate. However, since the presale of Tamadoge generated so much interest, it seems likely that the release of the P2E game will similarly cause a surge in player enthusiasm.