Terra Classic has Pumped 300% in a Month – Too Late to Buy?

As Terra is  Luna Classic goes hypersonic and pumps 300% in just one month, the question on everyone's lips is whether it is too late to get on the bandwagon.

The native token of the old Terra blockchain has experienced some massive gains in the last 30 days, breaking all sorts of records. Those lucky few that have been in the know have already made their fortunes. However, the rest of us are now faced with a dilemma. Do we risk it and go all in, hoping that LUNC can squeeze out a few more points? Or is it too late and we will only end up losing our investment?

Unfortunately, it would seem that we have missed this train. LUNC is already losing momentum and it is only a matter of time before the wave starts receding and the price goes down. Buying right now would mean that you have bought an asset at its all-time high price, and that is always a recipe for tears. But that doesn't mean everything is lost. There are plenty of exciting crypto projects out there and today we want to talk about one of the most fascinating ones, called Tamadoge.

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TAMA 101: All You Need to Know About Tamaverse

When Tamadoge first appeared, most people thought it will be just another memecoin, like hundreds of others crowding the market, each more worthless than the next one. But then details started emerging and it turned out that Tamadoge is a far more ambitious project than Dogecoin or Shiba Inu ever were.

Tamadoge is a Play-to-Earn NFT gaming platform. The basic premise is similar to Tamagotchi, a game we all knew and loved once. Your journey through Tamaverse starts with minting your digital pet, called Tamadoge. You can have as many of them as you want, care for them, and train them for battles with other players' pets.

Each win and a position on the leaderboard will earn your reward in TAMA, the platform's native token. You can use rewards to further improve your Tamadoges pack or simply cash it in.

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Tamadoge Raises More Than $12 Million In A Month

Tamadoge is currently in the public presale phase, selling 100 million tokens in each tranche. Unlike Terra Classic, Tamadoge hasn't exploded yet. That being said, the price is steadily going up with each tranche. It started at 100 TAMA for 1 USDT and by the 7th tranche, which just sold out, the price went up to 40 TAMA per 1 USDT. In the next phase, it will be 36 TAMA / 1 USDT and in the final 9th tranche, it will increase further, to 33.33 TAMA for 1 USDT.

So far, Tamadoge raised more than $12 million, selling more than 700 million tokens. The final two tranches will see a total of 1 billion tokens sold, reaching the hard-cap goal of raising $19 million in total. The end of presale is planned for Q4 2022. As the supply gets lower, it can be expected that the price will further increase, forcing investors to act now rather than later. Once TAMA gets listed on centralized exchanges, the ship may have already sailed.

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The Future of Tamadoge

Attracting more than $12 million in just four weeks is no mean feat. It is proof that investors have taken the project seriously and are willing to commit a lot of money to bet on its success. The development team, including names like Thomas Seabrook and Carl Dawkins, has already announced ambitious plans for the future. They include the creation of Tamaverse, a metaverse-like space for Tamadoge, improvement in Tamadoges' design with 3D versions, and the addition of Virtual Reality (VR) technology.

Even if rumors of Elon Musk secretly backing Tamadoge with a sizeable investment are not true – and we want to be clear, nothing of the sort has been confirmed yet – the project has more than enough forward momentum to guarantee a high price once it hits the market.

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Is Tamadoge a Good Investment?

It is easy to see that Tamadoge is a serious project that has attracted a lot of attention and massive financing even in the early stages of its existence. As the team continues to meet its roadmap goals, the investors' confidence in Tamadoge will only increase, leading to higher demand. While it is impossible to predict exactly when TAMA will pop off, it is safe to say that more of a question of when rather than if.