The crypto market currently hosts a mammoth 20k plus of new generation coins. Most are focused on meme coins or blockchain gaming but the one that has many investors excited is the Tamadoge project.
The Dogecoin-like project has been tipped by several analysts as a crypto gem and one of the best coins with the potential to return 100X by 2023.
Tamadoge Is Another Ethereum in the Making
Tamadoge is a new crypto project that looks and feels like Dogecoin. It is fun-centred but comes packed with utilities. For instance, the project team incorporated elements of play-to-earn (P2E) where users generate passive income from playing the game. The blockchain project revolves around players raising digital pets which combine as non-fungible tokens (NFTs). Once the virtual canine animals are grown enough, they can participate in battles with other users in order to get experience points. The winner can then exchange these points for the TAMA token.
Aside from this, the project features a Tamaverse concept which is essentially a Metaverse landscape. In this virtual realm, players are able to watch, interact, and explore several aspects of the game while enjoying great visuals. The Tamadoge project has become a viral sensation and recently concluded its presale window where the team raised well over $19 million in its ICO. This is larger than the Ethereum ICO event which saw the smart contract network raise $16 million at the time.
On the final day of the presale, there were a lot of whale purchase activities with a user investing well over $80k or 55.8 ETH at the time into the token. Prior to that, an investor purchased 40 ETH worth of the token. This likely shows strong investor interest in the NFT-cum-P2E game.
Tamadoge Makes Most Promising Crypto Lists
As we mentioned earlier, new sets of tokens are making their entrance into the emerging crypto space and a number of websites track some of the most exciting of the bunch. According to a Twitter post by Crypto Insights, the top 10 most promising meme tokens in the past week includes Tamadoge.
Trending #Memes Tokens on #Twitter last 24h@RichQuack @BabyDogeCoin @_hamster_coin @Lovely_finance @KibaInuWorld @VitaInuCoin @BscPitbull @RealFlokiInu @VoltInuOfficial @Tamadogecoin#CryptoNews #babydoge #BabyDogeCoin #RichQUACK #kiba #VOLTINU #Floki #VITAINU #VOLTINU pic.twitter.com/SkySO7mMbu
— Crypto Insights (@CryptoInsightsX) September 26, 2022
Popular names like Hamster Coin, RichQuack, Vita Inu, Pitbull, and several others also made the list. Tamadoge is one of the most impressive because it is just making the splash in the cryptocurrency exchange listing spree. With its already strong presale performance, its expected launch on a centralised exchange could see early-bird investors could see their investments explode. The website now allow investors to claim their TAMA tokens.
Tamadoge Makes a Successful Landing On OKX
Tamadoge has finally made its first entrance into the global crypto market following its launch on the hugely popular OKX exchange. The platform which gives access to 350+ crypto assets as well as 500+ crypto trading pairs executed the launch today at 11:00 a.m according to a company post.
$TAMA Listing On @okx Is Coming This Tuesday – Learn More In The Article Below ⬇️https://t.co/MEDYnSLZ21#crypto #listing #cryptocurrency #memecoin #okx
— TAMADOGE (@Tamadogecoin) September 25, 2022
Since launching, the TAMA token has already seen $4.52 million in trading volume in less than five hours at press time. This shows a strong investor awareness of the token’s potential and possible future growth. Tamadoge’s early trading success shows a general idea analysts are pointing out in the project’s future.
One such is CNBC which has made a hugely positive forecast on the TAMA token. The hugely respected media house stated that the digital asset could possibly see a 10x or 50x growth in its value in the coming months.
The Metaverse is a fast-growing space and more companies are leaning into the industry. According to an ecosystem report, the virtual, mixed, and artificial reality space could see a 39.4% compound annual growth rate (CAGR) between 2022 and 2030. With such a strong market growth forecast, TAMA is set to enjoy massive growth given its position in this market niche.
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