The newly launched Crypto, Tamadoge has a unique use case and so is working quite well. Is it sustainable?
- Tamadoge has lost more than half of its value since its peak almost a week ago
- The weekend also saw declining volumes
- TAMA is now available on MEXC
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Table of Contents:
What is Tamadoge and does it have any use?
Tamadoge is one of the latest dog-themed cryptocurrency memes developed on the Ethereum blockchain.
Tamadoge is a token native to Tamaverse. In other words, Tamadoge is basically a Metaverse game based on NFT.
According to the official website, Tamadoge
(TAMA) is the gateway token of Tamaverse, which means that Tamadoge coins will be used to perform any action in Tamaverse. Tamdoge will help users mint, breed and fight their Tamadoge pets in the metaverse.
Tamadoge has previously undergone KYC verification by CoinSniper and an audit by Solid evidence, which provides transparency to investors.
How does Tamadoge work and what is the use of TAMA?
The Tamadog platform allows users to develop, breed and trade virtual dogs known as Tamadoge pets on their metaverse platform, Tamaverse. These dogs can be used to challenge other players on the platform. A Tamadoge pet will be coined as an NFT via smart contract features.
To gain rank in the leaderboard, a player provides food, toys, and cosmetics for each 3D animated animal that helps the NFT user grow steadily.
Using TAMA
TAMA is used to purchase 3D assets such as food, toys, cosmetics, etc. From the Tamadoge platform. These elements distinguish each Tamadoge pet from others.
Tamadoge’s revenue is generated from commissions paid on transactions in the Tamadoge NFT Petstore. Users and players purchase food, clothes and other necessities and discretionary items for their pets in the store. You
A user can own as many pets as they want on the platform, and each pet will have unique traits consisting of NFT.
Who are TAMA’s competitors?
The world of Meme coins has expanded with new players emerging from time to time. The meme coin movement was initiated by Dogecoin which was followed by Shiba Inu and many other meme coins. However, starting as a meme coin, the developers of these tokens have been working to eliminate the meme coin tag.
For Tamadoge its biggest competitor will be Shiba Inu who started as a meme coin but ventured into many different fields of Blockchian business. Like Tamadoge’s Tamaverse, Shiba Inu has its own Metaverse known as Shibaverse.
Metaverse Market
According to a report, the size of the global metaverse market has been estimated at $38.85 billion in 2021 and is expected to expand at the rate of nearly 40% from 2022 to 2030.
Tamaverse is unique in that it is a metaverse game based on NFT. As the metaverse market expands, Tamadoge is expected to play an important role.
Tamadoge Price Prediction 2022
At current price, if TAMA increases by 20% per month, by the end of 2022 Tama could be valued at $0.15 by the end of 2022. In addition, if TAMA increases by 50% per month from today, the final price forecast for 2022 is $0.305.
Tamadoge Price Prediction 2023
By the end of 2023, Tamadoge is expected to be valued at over 10 cents if it manages to earn 50% per year from now. However, if TAMA only earns 10% per year, by the end of 2023 TAMA’s price forecast is $0.075.
Tamadoge Price Prediction 2025
If Tama earns 20% per year from now, by 2025 Tama
is expected to reach $0.118, and if Tama earns 30% per year from now the price of Tama for 2025 is $0.149.
Tamadoge Price Prediction 2025 (based on aggregate price): $0.09
Tamadoge Price Prediction 2030
Tama’s momentum for 2023 is expected to be bullish. If there is a 50% increase per year in Tama’s price, we could see Tamadoge at over $1 by the end of 2030.
Tamadoge Price Prediction 2030 (based on aggregate price): $0.44
Is Tamadoge a good investment?
Tamadoge has been classified as Memetoken and is in direct competition with Dogecoin and Shiba Inu. Therefore, with two big players in the market, Tamadoge may find it difficult to create its space among cryptocurrency enthusiasts. So a question arises, IsTamadoge a good investment?
Tamadoge since its launch has tried to attract buyers to itself with multiple projects. Tamadoge was launched as a Metaverse token and has its own Metaverse platform known as Tamaverse.
In addition, TAMA can be used to mint NFT in Tamaverse. In addition, as a growing crypto asset, it is an excellent store of value.
Unlike other meme tokens that had unlimited supply, Tama was launched with a limited supply, and with an increase in transactions, the supply is expected to decrease and thus increase the value of TAMA. The total TAMA token supply is set at 2 billion, and about 1 billion (half of the total offering) has already been created at a token generation event (TGE).
In addition, Tama is also launching its P2E games with TAMA tokens as prizes.
Considering all these factors, Tamadoge is a good long-term investment.
What are the advantages of Tama over the rest of meme tokens?
Tama token utility
Many crypto investors and long-time market participants agree that the utility of tokens often decides the future of any crypto project. The TAMA token game is to facilitate all transactions that take place in Tamaverse. Purchasing Tamadoge also requires TAMA, and a percentage of it is split between marketing and in-game rewards.
Carefully crafted smart tokenomics
The total supply of TAMA tokens is limited and is set at 2 billion, and about 1 billion (half of the total supply) has already been created in a token generation event (TGE). 20% of the remaining 1 billion TAMA tokens are saved for use in exchange pools and up to 30% are expected to be released for minting over the next 10 years.
Increase market presence through new listings
In the traditional financial market, whether crypto or non-crypto projects, we know that exposure can change the course of any asset. It seems that Tamadoge and his team have taken expansion and new listings seriously to grow steadily. At the end of the successful TAMA token presale, the project made waves with a new goal, which is to increase the number of exchange lists.
How to buy Tamadoge?
Here is a brief guide on how to buy TAMA tokens:
- Set up your wallet: Tamadoge uses Metamask or Trust Wallet to store tokens.
- Get ETH or USDT – You will be able to buy TAMA with these funds
- Buy from OKX
- Access to OKX wallet (United States)
