One of the newest meme crypto projects Tamadoge (TAMA) is attracting high buying volume during its beta sale which launched July 22nd.
Within the past 24 hours new members of the #TamadogeArmy began to invest at a rate of 1,000 USDT per minute and the amount raised accelerated today from $700,000 over $1 million.
What is Tamadoge?
The Tamadoge Twitter handle bills TAMA as a deflationary meme coin with utility, and the tamadoge.io website describes the new crypto project as ‘the play to earn Dogecoin’.
We have something to say…
WE HAVE RAISED $1 MILLION USDT!!!!!
(However, bad news we are selling fast so you need to hurry up if you want TAMA before the 25% price increase!)
— TAMADOGE (@Tamadogecoin) August 9, 2022
Users of the upcoming Tamadoge battle app will be able to mint, feed, train and do battle with virtual Doge pets tokenized as NFTs and vie for positions on a monthly leaderboard – earning TAMA as a rewards token.
Virtual pet NFT games have a wide existing user base from similar crypto games like CryptoKitties, and even predating crypto with the popular Neopets game and the Tamagotchi toy craze.
Tamadoge is the first however to adopt the Doge meme and offer a low capped supply with a token burn on transactions in its Tamadoge store – a way to deflate the supply of TAMA coins over time. Transactions are also tax-free.
Where to Buy Tamadoge
TAMA can be purchased at buy.tamadoge.io with USDT, ETH, or a debit / credit card using popular fiat on-ramp Transak.
After the beta sale hard cap of 2 million USDT is hit, or on September 2nd – whichever hits first – the beta sale price of $0.01 will rise 25% to $0.0125. The current exchange rate is an early bird discount during which buyers will be able to claim their TAMA tokens after the full presale concludes.
The entire presale has a hard cap of 19 million USDT and ends in Q4 2022. Follow the Telegram group t.me/TamadogeOfficial with 20,000 members (admins will not DM you first, beware of scams in crypto Telegram groups) for announcements.
TAMA is an ERC-20 token with confirmed CEX and DEX listings on LBank and Uniswap set to take place after the presale. 50% of the total supply of 2 billion tokens is being allocated to the presale, with no lockup or vesting period for investors.
Bitcoin recovering back to approximately $24,000 and Ethereum leading it – tagging the $1,800 level earlier today – appears to have increased investor confidence in more ‘risk-on’ assets like altcoins.
The total cryptocurrency market cap is currently back over $1.1 trillion alongside the S&P 500 – which BTC has been increasingly correlated too – erasing all losses from June to trade back above 4,100.
Presales also tend to perform well for early buyers regardless of crypto market conditions. The Battle Infinity (IBAT) presale recently sold out its hard cap of 16,500 BNB in under a month.
Update – the TAMA presale has now passed $2 million, selling out its beta sale early.
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