Bonfire Crypto Up 10%
Launched in April 2021 as a “frictionless and yield-generating” contract, it didn’t take long for Bonfire to see its first bull run and a massive price increase.
In just one month, the token saw a 1700% increase in value and the community was convinced that it was the next token to “go to the moon”.
However, due to a number of factors, the reality simply did not live up to the hype, and the current price of Bonfire is 99% below its May 2021 ATH.
This is a fairly common occurrence in the volatile crypto market, and Bonfire is not the first coin to experience setbacks after initial success.
But on the other hand, we also have tokens that have managed to build on their good start and provide great returns to early investors over time. Tamadoge seems to be the newcomer in this group.
In this article, we will check out the Bonfire coin prediction and see how it compares to one of the hottest coins on the market, Tamadoge.
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Bonfire Coin Prediction 2022-2025
Before we get into the nitty-gritty details, let’s lay out the Bonfire coin prediction in a comprehensive table.
Year | Price |
2022 | $0.0000000095 |
2023 | $0.0000000103 |
2024 | $0.000000019 |
2025 | $0.000000025 |
At the time of writing, the price of Bonfire is $0.000000006369 per token. As you can see, cryptoanalysts are not very optimistic about Bonfire’s price at the end of 2022.
Not only did Bonfire face (and still does) major problems caused by the severe bear market, but it also doesn’t have much to offer feature-wise that would lead to an upward spiral.
The developers behind this token don’t do much to try and differentiate Bonfire from other meme coins currently on the market, which is why many traders now refer to it as a “shitcoin”.
Without a relief rally and an “echo bubble” pattern, it is difficult to make any rough predictions about how the token will perform in 2023-2024.
There is currently no clear roadmap and there is virtually zero benefit to Bonfire token holders. Additionally, with little or no community support for the project, the founders don’t seem to be doing much in the way of grasping at straws.
If things change by 2025 and the team behind Bonfire starts introducing new features and use cases, the token could see a bullish momentum that would take the price up to $0.00000002 per token.
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How to find Tamadog
Before we start comparing Bonfire coin with Tamadoge, let us first introduce you to this exciting meme coin that has taken the market by storm in the last few months.
Tamadoge is a doge-themed P2E meme coin.
We know what you’re thinking – another dog coin impersonating the Shiba Inu and Dogecoin?
Well, not exactly, Tamadoge comes with some very specific features.
First, Tamadoge has something that the vast majority of other meme coins on the market do not – utility.
In addition, the project has its own Metaverse called “Tamaverse”, and it is a place where players can fight each other, interact, create NFTs and much more.
With these two features alone, crypto experts are already predicting that Tamadoge will outperform its competitors in the meme coin market when it goes live.
This project is loosely inspired by Tamagochi – the popular pet game from the 90s. Just like in Tamagochi, the main goal is to breed digital pets and train them for battle.
These digital pets are unique NFTs that can be traded, embossed and upgraded.
Tamadoge’s native token and primary in-game currency is TAMA, and it is also used for all transactions and reward distribution. Also, there are no transaction fees on TAMA transactions, which is a rare occurrence in today’s industry.
As we mentioned, the main goal of the P2E game is to train Tama pets for battle. Players who end the month with the most Doge Points win TAMA Tokens from the main Doge Pool.
Since Tamadoge is KYC verified by CoinSniper and audited for smart contracts by Solid Proof, investors do not need to worry about any “rug pull” danger.
The beta sale for TAMA coins ended just a few days ago ($2 million reached), but don’t worry, you still have a chance to join the “early investor” club.
There is still a TAMA pre-sale in place and it will last until September. However, you should know that the price increases with each passing step, so don’t wait too long to get your TAMA tokens.
The minimum investment is 1,000 TAMA tokens and there is also a $100,000 crypto giveaway announced for the upcoming period (only TAMA holders can participate).
Combine everything we’ve mentioned and it doesn’t come as a big surprise that so many crypto experts are hyped about the release of this project.
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How to buy Tamadoge
Here is the exact guide you can follow for your first TAMA token purchase.
STEP 1
To get started, make sure you have a MetaMask wallet installed in your browser, or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).
Buying on a desktop browser will give you a smoother shopping experience. For this we recommend MetaMask.
If you buy on mobile, we recommend using Trust Wallet and connecting via the built-in browser (only copies into the Trust Wallet browser).
STEP 2
Once you have your preferred wallet provider ready, click on “Connect Wallet” and select the appropriate option. For mobile wallet apps, select “Wallet Connect”.
You will then have three options: Buy ETH with card. This option allows you to buy ETH sent to your wallet by our partner, Transak.
You will then be able to use this ETH to buy TAMA. Click “Buy Eth with Card” to begin and follow the on-screen steps. We recommend buying a minimum of $15 worth of ETH to cover the minimum purchase of TAMA. Buy TAMA with ETH.
When you have enough ETH in your wallet (if you don’t have ETH or USDT, choose option 1 to buy ETH first), you can now exchange ETH for TAMA. Enter the amount of TAMA you want to buy (minimum 1000) and then click “Convert Eth”.
Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas. Buy TAMA with USDT. Make sure you have at least $15 USDT in your wallet before starting the transaction.
Enter the amount of TAMA you wish to buy (minimum 1000). Click “Convert USDT”. You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Make sure you go through both approval steps to complete the transaction.
STEP 3
Once the pre-sale has ended, you will be able to claim your TAMA tokens. We will release details closer to the time, but you will need to visit the main page and click the golden “Claim” button.
Tamadog contract
Use the contract information below to add the TAMA token to your wallet.
Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Decimals: 18
Token symbol: TAMA
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More about Bonfire Coin
Bonfire is a cryptocurrency launched in April 2021 and self-described as a “frictionless, return-generating contract that allows the user to seek shelter amid market uncertainty.” The coin was built on the Binance Smart Chain (BSC) protocol.
The two main features of Bonfire are:
· Static reward system – There is a 10% transaction fee on each Bonfire coin. Of that fee, half goes to Bonfire owners as a reward, while the other half is distributed to the main liquidity pool.
· Manual burning program – The team behind Bonfire can choose to burn a certain amount of tokens at any time they want to shorten the maximum supply. In addition, a portion of tokens are burned every time someone trades Bonfire. The initial supply was 1 quadrillion tokens and almost 50% was burned so far.
Although these two functions provide some utility, it is nothing revolutionary to see that almost every other meme coin on the market contains them.
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Bonfire Coin vs. Tamadoge – which is a better option
Although the Bonfire coin showed a lot of promise when it was first released, the hype and community support for it quickly dried up after just a few months.
With no real tools and no exciting features on the way, the future doesn’t promise much for Bonfire.
At best, investors can hope for a price increase of 10-20% by the end of 2022.
On the other hand, the situation with Tamadoge is completely opposite.
Tamadoge currently stands as the hottest pre-sale in the crypto industry, and investors have been buying it like crazy over the past few weeks.
In fact, in less than three weeks, $2 million worth of TAMA tokens have already sold out, despite the project not even being released yet.
Unlike Bonfire, Tamadoge has the potential to provide long-term profits, and the roadmap suggests that we will see many new exciting features in the coming months.
When the pre-sale ends in September, crypto experts predict a 100% ROI already in the first weeks after the project goes viral.
In addition, there is a high chance that Tamadoge will be listed on a few major CEXs by the end of 2022, which will also have a positive influence on the value of TAMA tokens.
For now, there is no doubt which of these two symbols is the better option – Tamadoge leads by a mile.
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The verdict
After looking at what cryptoanalysts and experts have to say about the Bonfire coin prediction, it is safe to assume that this project is not expected to make any big returns by the end of 2022.
We could expect a better performance in the following years, but only if the founders come up with new features and ways to increase investor confidence in the project.
At the same time, Tamadoge is hitting impressive milestones left and right, and it’s on its way to becoming the hottest meme coin on the market.