This cryptocurrency is set for a 10x price explosion according to analysts
Tamadoge, one of the most famous ERC20 tokens, takes a new approach by combining meme currency concepts with play-to-earn (P2E) game elements. Simply put, Tamadoge wants to be the finest meme coin by leveraging the widespread appeal of the “Doge” style.
Due to retail demand, meme coins such as Dogecoin and Shiba Inu are expected to see massive price increases in 2020. However, Dogecoin and Shiba Inu were doomed for lack of practicality, which is critical to the success of any venture.
For now, investors’ attention is focused on Tamadoge, which is already performing admirably in its pre-sale phase.
Cryptocurrency is set for a 10x price explosion
The original TAMA token, used on the Tamadoge platform, has sold exceptionally successfully, providing resources for the platform’s continued growth. However, the price of TAMA increases with each transaction because it is less available. That’s primarily because the Tamadoge crew has completed all of their milestones ahead of schedule so far.
According to crypto analyst Jacob Crypto Bury, TAMA has a high upside potential, which we can also see during the pre-sale process. Assuming the pre-sale is successful, TAMA’s potential for growth and subsequent significant return on investment is wide open.
Despite the recent downturn in the cryptocurrency market, the popular Play-to-Earn (P2E) platform continues to set new milestones. But while the industry as a whole is still recovering from the crash, the success of tokens like TAMA gives us reason to believe that the worst is over.
The fact that this is still an early-stage project only adds to the impressiveness of the achievement.
Tamadoge is approaching $14 million
The Tamaverse ecosystem hopes to become a major player in the blockchain gaming industry. Only about 85% of the pre-sale allocation has been sold at the time of writing; thus, there is a limited time left for investors to stock up tokens at a discount before the launch of LBank and Uniswap.
Each TAMA coin has a new price tag of $0.0275, but the price will increase by 10% to $0.0300 once the initial supply of 100 million is gone.
Current exchange rate at 36.36 TAMA for 1 USDT will fall to 33.33 TAMA when Tamadoge completes the pre-sale. So far, Tamadoge has already raised $13.7 million and is on track to reach its $16 million goal.
Tamadoge 5% burn at pet store
The TAMA price can rise significantly amid Tamadoge’s 5% burn rate on pet store transactions. NFT pets and the Tamadoge store are scheduled to be released in the fourth quarter of 2022.
TAMA’s value is predicted to increase as players hoard tokens ahead of the store sale’s 5% burn rate. However, since the pre-sale of Tamadoge generated so much interest, it seems likely that the release of the P2E game will similarly lead to a surge in player enthusiasm.
