Best Meme Coin Game Tamadoge Raises $6.5 Million in Latest Presale Milestone

Play-to-earn (P2E) game Tamadoge is running riot with its presale – the fourth phase of its TAMA meme coin presale has just ended with a total cumulative raise so far of $6.5 million.

Investors paid for their tokens at the rate of 1USDT for 57.14 TAMA tokens. The price of the TAMA token has now risen to a rate of 1 USDT to 50 TAMA in what is now the fifth phase of the presale.

Tamadoge sold for 1 USDT to 100 TAMA (1 TAMA = 0.01) in the first phase, in which a beta sale of 200 million tokens were made available to the public. Since then there have been successive sale tranches of 100 million tokens.

More than half of presale token allocation sold

More than half of the tokens in the presale allocation have now been sold.

In total 1 billion TAMA tokens are up for sale, with the price rising on each occasion. TAMA has a total supply of 2 billion, so early bird buyers in the presale are able to purchase a generous 50% of supply.

Tranche prices will keep rising until the price reaches $0.03, equivalent to 3 times the initial beta sale price.

The next price to beat is in the sixth phase when 1 USDT buys 44.44 TAMA.

Meme coins outperform other top cryptocurrencies

Meme coins have been leading the recent rekindling of buying interest in crypto, as the two largest coins by market cap – Dogecoin and Shiba Inu – both look to develop greater utility for their respective ecosystems.

This is exactly the tack taken by Tamadoge, with the big difference that it is starting with its utility product – a metaverse-enabled P2E game aimed at regular gaming consumers – as its base layer.

Tamadoge rewards players for the dedication and skill they show in nurturing a Tamadoge pet to adulthood, watching it grow in strength and skill level in the process. Alongside this parenting role, pets can also battle each other.

Players are incentivised to keep looking after their pet – and if they don’t, their pet can turn into a ‘Tamaghost’.

Tamadoge aims for mass adoption

Engaging gameplay and an accessible and easy-to-understand games concept, show that the team behind Tamadoge has assimilated the lessons learned from other projects.

Revenue is generated by fees paid on transactions in the Tamadoge NFT Petstore, where players buy clothes, food and other necessities and discretionary items for their pets. You can own as many pets as you like, with the individual traits of each Tamadoge pet constituted as an NFT.

Unlike the standard approach of many other P2E games, Tamadoge is deflationary, which will have the effect of supporting the price of its gateway TAMA token.

By the end of this year the pet store and the battling and P2E leaderboards will be released, according to the roadmap. An augmented reality app will be coming late next year and the project is seeking out partnerships with other metaverse projects early in 2023.

Initial centralised exchange listings will be well underway in Q4 2022, with LBank already confirmed as the first.

Is Elon Musk a Tamadoge buyer?

There are persistent rumours that P2E game Tamadoge has influential backers as well – maybe Elon Musk?

A recent updating of the website reveals that the highly regarded Thomas Seabrook, formerly of WMS and StarDigital, is the lead games developer a Tamadoge.

He is joined by head of growth Carl Dawkins, previously marketing manager at SocialBlox and Koda crypto.

The mass market appeal and its solid business potential, has seen the presale generate growing traction with crypto investors.

As the crypto winter persists, investors are more acutely attuned to the potential of projects to attract active users and develop revenue streams.

By leveraging the brand power of Dogecoin and the powerful proven mechanics of P2E, Tamadoge is pitching a narrative and growth runway that investors clearly feel is both exciting and realisable.

Buyers FOMO kicking in to miss next price rise

More immediately, presale buyers are being drawn by the schedule of price rises, with each new tranche of token sales encouraging buyers who want to secure a lower price.

Presale buyers often see substantial gains when coins coming out of presale debut on an exchange.

To contribute to the Tamadoge fundraise, interested parties will need to connect with their crypto wallets, such as MetaMask or Trust Wallet, at buy.tamadoge.io.

The TAMA token can be bought with USDT or ETH.

Tamadoge runs on the Ethereum blockchain, the No.1 decentralised application computing platform.

To keep up-to-date with the latest developments, join the Tamadoge Telegram group (admins will never message you first).

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.