September Is Usually a Bad Month for Crypto Prices: What Can we Expect This Year?

September Is Usually a Bad Month for Crypto Prices: What Can we Expect This Year?

"The September Effect" is here for cryptocurrency, and it's historically not a good time to be a digital coin investor. Traditionally speaking, the first month of fall in the Northern Hemisphere has proven to be one of the worst months of the year for cryptocurrency — and much of the same is expected this year.

There are a number of reasons why September has been a poor performing month for crypto, specifically Bitcoin, with some of those reasons being real and some being imagined fear. Whatever the reason behind it, the proof is in the pudding, as many major cryptos perform very bad in this month.

"The September Effect" alone should have many investors flocking from some of the crypto mainstays. But, there is a new meme coin that's about to hit the market that has already performed very well in presales and is bound to provide significant returns in a month when other cryptos simply disappoint.

It's called Tamadoge (TAMA), and it's taking the meme coin market by storm.

The September Effect and Crypto Outlook for 2022

Bitcoin (BTC), the largest crypto market in the world, has historically had its worst month of the year every September. Over the last nine years, Bitcoin has only had two positive Septembers, and they only resulted in modest gains. On average, Bitcoin loses nearly 6% of its value in September, but many pundits are expecting an even worse September this year — with a drop to close to $17,000.

With that in mind, some investors are flocking to other crypto such as Ethereum, backed by the belief that the upcoming "Merge" will create immense value for Ether. While its price started to increase in the last week of August, it's still down 8.61% over the last 30 days, as of September 7.

Some people believe that the price of Ether could rise to $2,000 by the end of this year, which would represent a 23.3% increase from its September 7 close price of $1,621.72. But even those optimists don't believe the spike in price will happen until after this month — with potentially major losses coming before then.

Instead of trying to play the timing game with these cryptocurrencies — or any other for that matter — the smart move would be to shift focus to a new meme coin called Tamadoge.

TAMA is Bound for September Success

As a new crypto that's re-defining the meme coin market, Tamadoge isn't likely to be subject to the same "September effect" that other cryptos are. For one, September doesn't instill fear into Tamadoge investors, if only because it doesn't have historical poor performance for people to analyze.

In addition, the entirely new approach it's taking is already proving to be wildly popular during presale. The Beta sale of TAMA ended well before the original projection date. The presale was originally supposed to last through the end of 2022, but there are only roughly 25 million TAMA remaining out of an original 1 billion. That means that only about 3% of the presale set-aside of TAMA coins are still available for purchase.

With the presale doing so well — and with so few coins still available — now is the time to get in if you want take advantage of investing at the right time, when the market is new.

Tamadoge's Unique Approach

Tamadoge is the perfect combination of the NFT and Play-to-Earn (P2E) crypto markets. Users are able to groom, train and compete with their Doges on the Tamaverse, climbing up a monthly leaderboard in the process.

The P2E aspect helps to build concrete value in TAMA that's likely to only increase more and more as time goes on. This is in direct contrast to not only what larger cryptocurrencies such as Bitcoin and Ethereum do, but it's also quite different than other meme coins.

As such, it has been able to carve out a relatively large niche in the market that not many other new meme coins are able to do.

Buy TAMA on Presale Before It's Too Late

If you want to get in on the ground level of the exciting new meme coin Tamadoge, you better act quickly. Only about 3% of the available coins are still available for presale, so act not before it's too late.

While September has historically proven to be a lousy time for crypto performance, the month is looking quite bright for Tamadoge.

How to Buy Tamadoge

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.

Tamadoge Contract

Use the contract information below to add the TAMA token to your wallet.

Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8

Decimals: 18

Token symbol: TAMA

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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