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Investors are wondering if Shiba Inu, among the best meme coins, will reach the fateful $1 threshold. The current market correction has something to teach investors, namely to look for cryptocurrencies that can guarantee different functions and with applications in the metaverse, elements that can guarantee growth in the future.
That’s why this guide takes a closer look at one of the best new cryptocurrencies: Tamadoge. Read on to find out how to buy and invest in TAMA and where to buy Tamadoge now.
5 reasons why cryptocurrency traders should invest in Tamadoge
Tamadoge (TAMA) is a new play-to-earn (P2E) gaming platform and also one of the best-emerging cryptocurrencies in 2022. Here are the five reasons why crypto traders are keeping a close eye on Tamadoge.
Available for presale
Compared to Shiba Inu investors who have already cashed in on the significant revenues generated from 2019, Tamadoge represents a new cryptocurrency with great growth potential. TAMA is the native token and utility token of the Tamaverse, a decentralized ecosystem that allows users to earn rewards for playing within their own virtual ecosystem.
Last July 25, Tamadoge (TAMA) launched the beta phase of the presale. Investors can continue to buy TAMA presale now with a minimum investment of 1,000 tokens. This is an ideal time to invest in cryptocurrencies, as their price is expected to rise once the token is listed on major cryptocurrency exchanges.
>>> Buy Tamadoge in presale <<<
Metaverse and NFT features
According to data from EmergenResearch, the market capitalization of the metaverse could grow to 1.6 trillion by 2030. It is no coincidence that new NFT projects and metaverse platforms are multiplying in recent times.
Tamadoge represents one such ecosystem that can give players the ability to participate in P2E-type games and earn cryptocurrency rewards as they play, or use decentralized finance (DeFi) protocols. Players can purchase Tamadoge pets, virtual avatars minted in the form of NFTs that can be deployed within the game. These in turn can be used within competitions to win points and climb the monthly leaderboard.
Hence, the platform uses the growing popularity of the metaverse and NFT protocols to provide an innovative P2E interface.
Deflationary Tokenomics
TAMA is the best meme coin to buy because of its deflationary nature. Shiba Inu has set its maximum supply at 1 quadrillion tokens, which makes supply much higher than demand. Instead, TAMA’s total supply is 2 billion tokens.
The network developers have determined that Tamadoge has a limited supply to make sure that demand exceeds supply in the long term. This could result in higher prices. In addition, 5% of all TAMA spent on purchases on the platform are automatically burned. This reduces the overall amount of TAMA available in the future.
Multi-utility meme coin
One of the main problems with meme coins is related to the lack of purpose and occasions for use. Shiba Inu promised that it would be useful for navigating the Shib and ShibaSwap ecosystem, but it still lacks many opportunities for use within its own system.
Instead, TAMA is the center of its own Tamaverse. First, the token will be used to purchase Tamadoge puppies within the Tama store, here a portion of the proceeds will be distributed to fund marketing activities and fuel the prize pool. The prizes up for grabs will also be distributed exclusively in TAMA. As a result, it is hoped that trading volume can increase along with the growth in popularity of the P2E platform.
A project for long-term growth
Tamadoge developers have structured the project roadmap for the coming years. Initially, TAMA will be listed on LBank, a centralized exchange, then it should also be available on the well-known decentralized exchange, DEX, UniSwap.
By the end of 2023, Tamadoge should release the augmented reality app that is based on the same functionality developed in the web version of the P2E video game. In short, Tamadoge is trying hard to show itself as one of the most promising projects of 2022.
How long will it take Shiba Inu to reach $1?
Shiba Inu underwent violent corrections in 2022. Since January 2022, the token has lost more than 65% of its market capitalization. Currently, Shiba Inu is trading at $0.00001173. For Shiba Inu to reach the value of $1 its price would have to increase by 85,000%.
After generating impressive gains in 2020 and 2021, Shiba Inu failed to live up to its promises and suffered heavy corrections as the crypto market collapsed in late 2021. Although at first the token took advantage of its popularity, later the lack of areas of use destabilized its structure, making it unlikely that it will ever reach the $1 threshold anytime soon. Moreover, there are very few optimistic predictions about Shiba Inu.
Most interesting meme coin today – Tamadoge (TAMA)
Tamadoge is one of the best crypto metaverse projects and is associated with the most interesting new cryptocurrency in 2022. TAMA is the native token and utility token of the Tamaverse, a P2E ecosystem that aims to combine gaming with decentralized technology.
Users can buy Tamadoge pets as NFTs directly in Tama’s store, in turn the characters can be used to compete and earn points in the monthly leaderboard. First-place finishers are rewarded with a TAMA prize pool, which in turn helps grow the value of the cryptocurrency.
Can I buy Tamadoge? Right now, TAMA is being pre-sold and users can pre-purchase a minimum of 1,000 TAMA. To keep the value stable over time, the developers have decided to distribute only 50% of the tokens at this stage. 20% of the total supply is exclusive to exchanges, both centralized and decentralized, which will include them in their list. The remaining 30% will be released over the next 10 years through minting operations.
It is worth noting that TAMA does not charge commissions on the transactions that users make; a sticking point of the developers is that it should be the ecosystem itself that generates revenue to support the project. Any player who buys virtual items in the store uses TAMA, so 5% of the revenue is burned to maintain the deflationary nature of the currency. 30% is used for marketing purposes, while the remaining 65% is distributed as prizes in P2E reward pools.
In the future, Tamadoge will launch an AR app and generate other P2E-type games within its ecosystem always associated with its cryptocurrency. Buying TAMA today could grab us a major investment since the token is still in its early stages.
Tamadoge’s team has undergone KYC-type analysis by CoinSniper, plus the smart contract code has been analyzed by SolidProof.io. These are all elements that can fuel the overall credibility of the project.
Users interested in learning more can join the official Telegram group and stay up to date. Admins will never contact you first via DM, beware of scams where malicious people can fake the names and profile photos of admins and moderators.
Minimum investment | 1.000 TAMA (∼$20 + gas fee) |
---|---|
Maximum investment | N/A |
Purchase method | ETH, USDT, Card via Transak |
Blockchain | Ethereum |
Beta Presale | Ended |
Presale | Ends in fourth quarter 2022 |
How to Buy Tamadoge (TAMA)
After analyzing this interesting project, it is time to decide whether to add TAMA to one’s crypto portfolio. Interested users can follow our detailed guide on how to buy Tamadoge in 2022.
Step 1: Activate a crypto wallet.
If you want to know how to buy Tamadoge, first you need to download a crypto wallet.
MetaMask is one of the best crypto wallets, it allows you to buy TAMA in the pre-sale stage.
You need to visit the MetaMask website and click on ‘Download’.
Step 2: Buy ETH or USDT
Users must use ETH or USDT to buy Tamadoge. These can be bought at any cryptocurrency exchange, once you have bought enough Ethereum or USDT you can transfer them to your Metamask wallet.
You can also buy TAMA with your credit or debit card through the popular fiat on-ramp platform Transak
Step 3: Link MetaMask to Tamadoge presale.
The next step is to go to the Tamadoge website and click on ‘Connect Wallet’ to choose which wallet to connect to access the presale.
Follow the instructions to connect the wallet.
Step 4: Buy TAMA
The last step is to buy TAMA. Simply type in the amount of TAMA you want to buy and select ‘Convert ETH’ or ‘Convert USDT’. The minimum purchase is 1,000 TAMA.
Finally, users will be able to redeem their TAMA when the presale ends. When the presale period is over just click on ‘claim’ on the homepage of the Tamadoge website.
*This item has been paid for. The Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2022/09/07/meme-coin-tamadoge-1-dollar/