The UK is experiencing an energy crisis heading into the colder months, and there is one area that's taking up a lot of energy — cryptocurrency.
Due to the ongoing war between Russia and Ukraine — and various political moves as a result — energy prices have soared throughout Europe. This year alone, gas prices in Europe have increased by roughly 340%. On Monday, September 5, they soared another 35% after Gazprom, the state-controlled company in Russia, said it would be indefinitely extending the shutdown of the Nord Stream 1 gas pipeline that supplies gas to the UK and other European countries.
When people look to reduce energy consumption, they often turn toward businesses and homes for savings. But, cryptocurrency consumes a lot of energy, causing higher prices for those same businesses and households.
One way to help the UK energy crisis is to purchase eco-friendly cryptocurrency such as Tamadoge, a new meme coin that's about to hit the market. Let's learn more about this exciting investment opportunity that can also greatly benefit the UK energy crisis.
Mining for cryptocurrency takes a lot of energy, much more than one might expect. On an annual basis, for instance, Bitcoin consumes roughly 150 terawatt-hours of electricity. That's more than all of Argentina does on an annual basis, and they have 45 million people.
Bitcoin is the largest cryptocurrency in the world, so it naturally consumes the most energy. But, it's also not the only cryptocurrency that contributes to the UK energy crisis.
Mining companies are working hard to build larger and larger computing facilities that can handle more mining operations, and that's putting a drain on energy consumption. In addition, it's also producing significant amounts of pollution. All the energy that Bitcoin consumes generates roughly 65 megatons of carbon dioxide, which is roughly the same amount that the entire country of Greece produces.
One way to help save energy is to purchase eco-friendly cryptocurrency. One of those is named Tamadoge (TAMA), a new meme coin that's taking the market by storm even before it's launched.
It's a great way to not only give back by saving energy but also to cash in on a great investment.
The developers of Tamadoge were well aware of the energy crisis and how cryptocurrency blockchains were contributing to it. As such, they approached their platform in an entirely different way.
TAMA, the new meme coin, is pre-mined. This means it doesn't require any extra energy to generate its tokens, which is where all other crypto coins consume all that energy. In addition, it's a deflationary meme coin, bringing extra value to those who own it.
In total, there will be 2 billion TAMA tokens in circulation. Half of those, 1 billion, will be available in a presale, which has performed extremely well thus far. Another 45% will be locked to provide liquidity, with the remaining 5% burned to reduce token supplies.
The presale has performed so well, in fact, that there isn't much left. Roughly 95% of the set-aside for the presale have already been sold, leaving roughly 49.7 million coins left to purchase. It has already raised about $12 million of its $13.25 million goal.
Tamadoge is the perfect combination of the Play-to-Earn (P2E) and NFT markets, which builds in future value and helps fight against the volatility that most other cryptocurrencies consistently face.
Those who purchase TAMA will be able to take their doges onto the metaverse, known as the Tamaverse, to battle out their NFTs against other people and climb the monthly leaderboard. The P2E opportunities it presents allow users to train and tend to their doges while increasing their value at the same time.
This is what creates the sustainable, ever-increasing value of TAMA as a meme coin.
The structure of the release of TAMA tokens allows it to actually reduce its energy consumption over time. This is what makes it much more sustainable than any other crypto on the market.
The presale is almost over, with only 49.7 million of the original 1 billion tokens still available. So, get in on Tamadoge before it's too late. Enjoy the fruits of your investment while helping the UK energy crisis at the same time.
STEP 1
To begin, make sure you have a MetaMask wallet installed on your browser, or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).
Purchasing on a desktop browser will give you a smoother purchasing experience. For this we recommend Metamask.
If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).
STEP 2
Once you have your preferred wallet provider ready, click "Connect Wallet" and select the appropriate option. For mobile wallet apps you will need to select "Wallet Connect".
You will then have three optionsBuy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transak.
You will then be able to use this ETH to purchase TAMA. Click "Buy Eth With Card" to begin and follow the on screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase.Buy TAMA With ETH.
Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) 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. Please ensure you have at least $15 of USDT in your wallet before commencing the transaction.
Type in the amount of TAMA you wish to purchase (1,000 minimum). 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. Please ensure you go through both approval steps in order to complete the transaction.
STEP 3
Once the presale has concluded, you will be able to claim your TAMA tokens. We will release details closer to the time, however you will need to visit the main site https://tamadoge.io and click on the gold "Claim" button.
Use the contract information below to add the TAMA token to your wallet.
Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Decimals: 18
Token symbol: TAMA
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.