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Meme coins have been around for several years now. Most of these meme tokens were introduced as a joke. However, some raised huge interest in the crypto community, eventually turning them into tangible digital assets. The most famous meme coins are Elon Musk's Dogecoin (DOGE) and Shiba Inu (SHIB).
Nonetheless, crypto investors need to look out for Shiba Inu and Dogecoin alternatives like Tamadoge (TAMA) to enjoy 100X profit by leveraging AR applications. Tamadoge seems to be the next big thing in the meme coin sector. This blockchain project strives to use the success of Dogecoin and other meme coins to attract investors. Tamadoge is a metaverse project designed based on the best industry practices.
All these meme coins owe their success partially to Elon Musk. Since Musk rallied behind Dogecoin in 2021, meme coins gained popularity among investors. Despite most of them having no utility, these coins shoot to the moon. In the process, they turn normal investors into millionaires overnight.
But things are different with Tamadoge. It is not like the other meme coins. It has lots of utility which is helping push its price considerably higher. Early investors are already reaping profits after just three days since it was launched on OKX centralized and decentralized exchanges.
On the other hand, reports show that the other meme coins including Shiba Inu and Dogecoin have been hit hard by the current crypto winter. This has raised a plethora of questions about the future of these coins. But, investors need not worry since they can push their investments into Tamadoge instead which promises massive gains even in the long term.
TAMA seems to be spinning the world of meme coins out of its axes. Experts and analysts believe that the coin will dominate the meme coin sector and even challenge other top cryptocurrencies in the coming years.
Most crypto experts reported the price drop of Shiba Inu in 2022. The meme coin recorded the highest growth in 2021 (of around 500,000%) and made the owners filthy rich. Nonetheless, SHIB recorded a drop in the price in recent months. The drop has pushed many analysts to claim that it is the end of the SHIB era.
Is that the case? If yes, what caused the downfall of one of the most popular and promising meme coins?
Since the onset of the crypto winter in May 2022, Shiba Inu has been on a downward trend. It recorded some relief rallies in August. But, the price is still weak compared to its performance in October 2021. Many experts now predict that Shiba Inu will die by the end of 2023.
There is a limited number of coins available for trade – up to one quadrillion tokens in circulation. Analysts and commentators say that Shiba Inu will go extinct since its coin has no viable utility. Most experts also say that all joke-type coins with no purpose will clear the way for the coins with real use.
With its market cap of $6.21 billion as of October 1, 2022, the token will have to gain value to exceed projects like Polygon, Polkadot, Dai, and Solana to break into the top 10. Despite Shiba Inu being a favorite alternative for ETH whales, experts believe that is not enough for it to survive.
Although it seems like Shiba Inu will go extinct soon, other meme coins like Tamadoge have come up as ideal alternatives for investors.
The Dogecoin price hit $0.09 in July when Elon Musk tweeted that SpaceX was ready to accept DOGE payments. But, the surge did not last long. Since then, the meme coin has maintained a bearish trend. Will Dogecoin ever go back up?
Only accepting DOGE for merchandise is not enough to make it become the future of money and the world's reserve currency. Currently, the token is trading around $0.06 and a move further down is possible. All is not lost, nevertheless. Investors can sink their money in a promising new meme coin that has greater utility, Tamadoge (TAMA).
In April Robinhood CEO Vlad Tenev said Dogecoin could become the future currency if it resolved some fundamental issues with its speed and scalability. Since then, the price of DOGEhas dropped nearly 60% from $0.14.
DOGE price has retracted all bullish news development in what has been a 16-month bear market so far. The correction started in May 2021, after Dogecoin recorded its all-time high of $0.74 on May 8. Dogecoin remained alive for the rest of the year after finding support at the EMA 8.
In January and April this year, the meme coin tried to bounce back but it was rejected. For now, the exponential moving averages are at approximately $0.11 – $0.13. Dogecoin will have to break these resistances to avoid heading back to test the $0.04 – $0.05 support levels from 2021.
2021 yearly open was $0.0047. Measured from there, DOGE has retraced 88% of its bull run so far – the current low is $0.0621. Thus, if Dogecoin is dead now, it might stay dead for another two years. Bitcoin took 36 months to break its all-time high of $20K – from January 2018 to January 2021.
But, experts and analysts are not convinced that Dogecoin has any strength remaining to stage a comeback to challenge its highs of $0.75.
Mostly known as the next Dogecoin and Shiba Inu, Tamadoge (TAMA) is the best meme coin for you to invest in 2022. The new token comes with Play 2 Earn game features that let users create, breed, care for, and battle Tamadoge pets. The entire game is set in Tamaverse, and unlike most of the other meme coins, Tamadoge has a utility.
It is designed as deflationary crypto where the players compete to climb the leaderboard and win rewards from Dogepool. Playing this game earns users Dogepoints. The player with the highest number of points after every month can claim their winnings from Dogepool.
The game needs consistency and nurturing of the Tamadoge pet regularly. These pets grow stronger over time. But if they are neglected, Tamadoge will turn into Tamaghosts. Tamadoge pets are the core of the Tamadoge network. They are mintable and tradable NFTs that players purchase using TAMA. Every pet is minted as a baby, with some unique features, weaknesses, and strengths.
The way you take care of your pets influences the speed of their growth. Once they become adults, players can use them to battle the other pets and earn rewards. All pets are available in the Tamadoge store and you can buy as many pets as you want.
Compared with other popular meme projects, TAMA is the only meme coin with utility. Hence, all token holders have solid benefits from TAMA since they can purchase pets and other tradable items on the marketplace.
With its unique approach to P2E games and metaverse, Tamadoge desires to create pets that will easily become part of the family. The developers use the latest NFT technology to make pets that have outstanding traits.
While Dogecoin and Shiba Inu face price drops, TAMA is aiming for the title of the best crypto project. TAMA will be listed on LBANK and Pancakeswap which will make it available to a wider audience. This, together with many new launches and milestone achievements will increase the price of the token.
Experts believe that TAMA will rise to $0.08 by the end of the year depending on the market situation.
The token has an extensive roadmap, featuring partnerships with centralized and decentralized exchanges. It will also feature the launch of P2E arcade games and an augmented reality (AR) smartphone app, like Pokémon Go. All these factors attract investors and promise success for the meme coin in the long term.
Tamadoge Contract
Use the contract information below to add the TAMA token to your wallet.
Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Decimals: 18
Token symbol: TAMA
