Why are cryptomemecoin whales accumulating Tamadoge
Which crypto are the whales buying? After the ongoing crypto market crash of 2022, users are looking for the best meme crypto to buy now. Currently, many whales and investors are looking to buy TAMA – a new NFT project that aims to change the gaming sector by introducing DeFi (decentralized finance) protocols.
This guide will review one of the best new crypto meme coins and why whales are collecting Tamadoge.
Why Tamadoge Has Got the Attention of Memecoin Whales in 2022
The sections below look at 5 reasons why Tamadoge is gaining attention among meme coin whales in 2022.
1. Reasonable prices
On July 25, 2022, TAMA launched its beta pre-sale phase. Investors can buy Tamdoge for $0.01 per token, with a minimum purchase of 1000 tokens ($10). To buy TAMA, investors can either buy ETH or USDT, and convert their holdings into TAMA coins. On the other hand, users can purchase TAMA with fiat currency via credit/debit card payment methods.
Currently, early investors have bought over $100,000 of TAMA in the first two weeks of the Tamadoge beta sale.
The low token price could potentially make TAMA one of the best low-cap crypto gems to buy in 2022.
2. Signs of deflation
One of the advantages of buying Tamadoge is that it aims to be a deflationary token. For example, coins such as Doge and Shiba Inu are not inflation-proof – as they provide an increase in the number of tokens supplied over time.
Dogecoin has increased its total supply limit from 100 billion to 132 billion, causing supply to increase compared to demand. On the other hand, TAMA provides a decreasing token supply over time. First, TAMA has a maximum supply of 2 billion tokens.
Also, 5% of all TAMA tokens used on the platform will be burned. This will ensure that the number of tokens decreases over time, increasing demand in the long run. Therefore, the developers hope that the token can increase in value and potentially give investors a higher return.
3. No transaction fee
Another key feature of the Tamadoge cryptocurrency is that it does not charge transaction tax for users who buy, sell and trade tokens. For example, many crypto ecosystems will take a cut of users’ transactions to maintain the rest of the network.
However, the TAMA developers state that the ecosystem itself will generate revenue. This benefits the network users as they can keep a higher amount when their transactions are completed.
4. Long-term investment
One of the main weaknesses of meme coin investing is long-term stability. While Bitcoin and Ethereum experience price corrections, they have always been profitable over the long term. However, meme coins experience rapid pump and dump movements, making it a risky game.
The unique feature of TAMA is that it is positioned as both a meme coin and a tool. It works like Tamaverse – the P2E ecosystem where users can earn in-game rewards. Players can purchase Tamadoge pets – which are unique NFT avatars. They are used in competition against other players to earn TAMA tokens from P2E prize pools.
TAMA is also the payment method for buying these NFTs from the Tama store. Therefore, there is long-term utility in the token. With the development teams plans to list tokens on multiple crypto exchanges, users can buy TAMA now and keep it for the long term. Thus, TAMA is preparing to become one of the best tool symbols in 2022.
5. Future roadmap plans
Finally, a good cryptocurrency investment involves researching the project and its future plans. Many whales will see TAMA as an exciting opportunity because of the promising updates the ecosystem will appear to deploy.
Firstly, TAMA is expected to be listed on decentralized (DEX) and centralized exchanges (CEX). For example, a notable DEX, TAMA will be distributed on the popular CEX – LBank and UniSwap.
Apart from the web-based P2E platform, Tamadoge is also looking to release an Augmented-Reality (AR) app by the last quarter of 2022. This app will retain the P2E dynamic of the web-based platform, but provide easier access to Tamadoge. With several new metaverse apps on the way, this could potentially be one of the best NFT apps on the market.
Next up are the platform’s plans for an upcoming P2E arcade – which will feature more Tamadoge-related games and physical Tamadoge rewards for players.
What is Tamadog?
Tamadoge (TAMA) is the original cryptocurrency and utility of Tamaverse. This is a decentralized crypto project that will boast several P2E gaming features – allowing players to earn rewards while participating in community-driven competitions.
Tamadoge pets are at the center of the P2E universe – as these NFT avatars can be bought, crafted and bred to participate in games. Users will battle other members and compete for points on a monthly leaderboard to earn TAMA from different “dogepools”.
Aside from buying Tamdoge pets, users can buy things like accessories and food that can be used on their NFT pets. All these items will be purchased with TAMA and the tokens collected will be divided into three pools.
First, 5% of the spent tokens will be burned to increase the demand against the supply. Second, 30% of the tokens will be used for marketing purposes so that the platform gains a social media presence and becomes more mainstream. Finally, 65% of the tokens spent are redistributed to the P2E prize pools and given to the top performers on the Tamadoge platform.
A closer look at Tamadoge
Apart from offering multiple P2E features and NFT-centric protocols, the TAMA token exhibits strong tokenomics. TAMA is trading for beta pre-sale at only $0.01 per token. The Tamadoge team has made 50% of the total supply available for this first token round.
20% of the total token supply is reserved for future listings on centralized and decentralized exchanges, such as LBank and UniSwap. The remaining 30% will be available over the next 10 years via coinage.
Currently, Tamaverse is only in its infancy. Aside from the Tamadoge pets, this metaverse environment envisions a place for more AR-based apps, exciting monetization opportunities with arcade games, and even virtual dog parks in the plans for the future.
Users interested in learning more about the project can subscribe to the official Telegram group and stay updated. Admins will never send you a DM first, beware of scams where impersonators copy the profile picture and name of admins or moderators.
My investment | 1000 TAMA (~$10 + gas tax) |
Max investment | NOW |
Purchase methods | ETH, USDT, debit/credit card (via Transak) |
Chain | Ethereum |
The beta sale ends | 2 September 2022 |
Pre-sale ends | Q4 2022 |
How to buy Tamadoge (TAMA)
The sections below give users a step-by-step overview of how to buy Tamadoge in 2022.
Step 1: Set up a crypto wallet
Users must download a crypto wallet when looking for where to buy Tamadoge.
For example – users can use MetaMask – one of the best crypto wallets, which will allow users to buy TAMA during the ongoing beta sale.
Users can head over to MetaMask and click “Download”.
Step 2: Buy ETH or USDT
Users can buy Tamadoge with ETH or USDT by buying it from a crypto exchange and transferring the tokens back to their Metamask wallets.
It is also possible to purchase TAMA using a debit/credit card via the popular fiat on-ramp Transak.
Step 3: Connect MetaMask to Tamadoge Presale Platform
The next step is to go to the Tamadoge website and click “buy”. Users can then click on “Connect to wallet” and select the wallet provider to connect to the pre-sale platform.
Follow the instructions to officially connect the wallet.
Step 4: Buy TAMA Tokens
The last step is to buy TAMA. Just enter the amount of TAMA you wish to buy and select “Convert ETH” or “Convert USDT”. Users must purchase a minimum of 1000 TAMA.
Buy Tamadoge on Beta Presale
Finally, users can claim their TAMA tokens when the presale ends. Once the pre-sale period is over, click “claim” on the home page of the Tamadoge website.