Investors are wondering whether the most popular meme coins like Shiba Inu will reach $1? However, the ongoing crypto correction is enticing traders to look at multi-utility cryptocurrencies and the top metaverse games, which will provide long-term growth.
Therefore, this guide will look at one of the best play-to-earn crypto games – Tamadoge. Read on to learn how to buy meme coins like Tamadoge and where to buy Tamadoge now.
Top 5 Reasons Crypto Traders are Adding Tamadoge to their Watchlists
Tamadoge (TAMA) is an upcoming play-to-earn (P2E) platform and one of the best new crypto to invest in 2022. Here are 5 reasons why crypto traders are adding Tamadoge to their watchlists:
Available at Beta Presale
Compared to Shiba Inu investors, who have already experienced massive highs since 2019, Tamadoge is an upcoming crypto with a lot of growth potential. TAMA is the native cryptocurrency & utility token of the Tamaverse – a decentralized ecosystem that allows users to earn in-game rewards on its virtual ecosystem.
As of 25th July 2022, Tamadoge (TAMA) launched its beta presale. Investors can buy TAMA with a minimum investment of 1,000 tokens ($10). This can be a great time to invest in cryptocurrency since tokens typically provide exponential growth after being deployed on major cryptocurrency exchanges.
The popularity of Metaverse and NFTs
According to EmergenResearch, the metaverse market cap is expected to grow to $1,600 billion by 2030. Therefore, we have been witnessing many new NFT projects and metaverse platforms.
Tamadoge is one such ecosystem that provides users with the opportunity to participate in P2E games to earn in-game crypto rewards and utilize DeFi (Decentralized Finance) protocols. Players can purchase Tamadoge pets – virtual in-game avatars minted as NFTs. These are used to compete in the community to earn points on a monthly leaderboard.
Thus, the platform utilizes the growing popularity of the metaverse and NFT protocols to provide a revolutionary P2E interface.
Deflationary Tokenomics
TAMA is the best meme coin to buy due to its deflationary tokenomics. Shiba Inu has a maximum token supply of 1 quadrillion coins, which makes the supply outweigh the demand. On the other hand, TAMA has a total supply of 2 billion tokens.
The network developers have given Tamadoge a limited supply to ensure that the demand beats the supply in the long run, potentially creating an upwards price momentum. Furthermore, 5% of all cryptos spent are burnt whenever investors spend TAMA tokens on the platform. This will help decrease the overall supply in the future.
Multi-Utility Meme Token
One of the biggest problems with meme coins has been the lack of utility and use-cases being provided. While Shiba Inu promises to navigate the Shib ecosystem and the ShibaSwap, the cryptocurrency has yet to offer many use-cases to its ecosystem.
However, TAMA is at the centre of the Tamaverse. Firstly, the tokens will be used to purchase Tamadoge pets from the Tama store – with a portion of the tokens being distributed for marketing and reward purposes. In-game rewards are also going to be solely distributed in TAMA. Therefore, the token’s trading volume can potentially increase with an increase in the P2E platform’s popularity.
Future Plans for Long-Term Growth
The Tamadoge developers have envisioned their project roadmap for the upcoming years. Firstly, TAMA will be deployed on LBank – a centralized exchange, in the foreseeable future. TAMA is also expected to be deployed on the popular decentralized exchange (…….
Source: https://bitcoinist.com/will-shiba-inu-reach-1-no-but-new-cryptocurrency-meme-coin-tamadoge-might/