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Just when it looked like the crypto markets were going to make a full recovery, the prices for the largest cryptos, including Bitcoin and Ethereum, started falling once again. Bitcoin was particularly hit during the crash, dipping to $21,000 from $65,000. But, of course, the huge price reduction led to massive losses, pushing many experienced investors to smaller cryptos known as altcoins.
However, there are over 20,000 altcoins, so knowing which one has the growth potential is essential. After days of tedious work and detailed project comparisons, Tamadoge rose above the competition and is officially the best crypto to invest in 2022.
Everyone knows that Bitcoin is the 1st ranked crypto in terms of market cap and price. It experienced a few bull runs in the past, steadily climbing to over $60,000 in less than five years. Like all other cryptos, Bitcoin lost 2/3 of its value during the previous crypto crash. Nevertheless, Bitcoin entered 2021 in the $30k range, more than doubling by the end of the same year.
The recovering markets partly justified the bull run after the pandemic. As a result, Bitcoin rose to new all-time highs, and everyone thought that it would keep growing steadily in the future. However, the world encountered new problems, including the war in Ukraine, supply chain issues, and ultimately recession, forcing the FED to raise interest rates. These factors resulted in a slow recovery for the world's leading crypto, which is why it's still under the $25,000 range today.
Bitcoin is priced at $21,200 at the moment, which is an improvement of about $1,000 in the past week. According to experts like Brian Beamish, the next three to four months will be ugly for Bitcoin as it's expected to reach new lows before recovering. Traders and Bitcoin holders shouldn't lose faith, but it will likely take another year before the crypto breaks the $30,000 mark again.
Ethereum has been on a bumpy ride in 2021, to say the least. After recovering from the crash, the token experienced a new low of $880.93 in June. It then jumped to more than double that in a matter of weeks. However, the platform is about to undergo some of the most significant changes in the crypto ecosystem. It plans on moving from the proof-of-work to the proof-of-stake model. The so-called "Merge" should redefine the entire Ethereum Network, reducing energy consumption by 99.95% while drastically increasing transaction speeds.
If the merge is successful, ETH could reach new all-time highs and take Bitcoin's place as the best performer. ETH is recovering slowly but is unlikely to break the $2,000 mark anytime soon. In other words, ETH is not the fast-gainer it once was, which is why many experienced investors ditch it for altcoins like Tamadoge.
Tamadoge is the newest addition to the Doge ecosystem, and it uses the success of Dogecoin, Shiba Inu, and other meme coins as leverage to attract investors. The project is still in development, but it's already the most anticipated crypto in 2022. Tamadoge is the first meme coin set in a metaverse with advanced features like an NFT store, play-to-earn mechanics, and more.
The platform's native token, TAMA, is available in presale, and it's used for all transactions within the Tamaverse. For example, players need TAMA tokens to buy in-game items, customize their avatars, upgrade pets, etc.
Tamadoge is loosely based on a popular game from the 90s called Tamagochi. Like in the original game, players must take care of virtual pets and ensure they are healthy and well-fed as they grow. If you forget to check up on your Tama pet, it could starve and become a Tama ghost. All pets double as NFTs, and you can use them to explore the world, complete challenges, and play games to win Dogepoints. Players with the most points at the end of the month will get TAMA tokens as rewards.
Apart from offering excellent games, great tokenomics, and more advanced features than any other meme coin, Tamadoge will reward the luckiest new investor with $100,000 worth of TAMA tokens. Namely, if you invest $100 during the TAMA token presale (ending on September 2nd), you can enter the $100,000 prize draw and win big. So head to the official Tamadoge site and stock up on TAMA tokens at a discount right now, as you have only a few more days before the presale ends. Once it goes live, Tamadoge could become the highest gainer in 2022.
The bottom line is that the largest cryptos are likely to be outperformed by Tamadoge and other smaller projects. Tamadoge is about to close the presale phase and should go live in late November when it's expected to make some of the highest gains in the crypto ecosystem for years. So invest in TAMA tokens today and become one of the early investors looking at 100x gains.
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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.
