The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored “Bitcoin” in 14 of them.
WazirX Founder Says Binance Has Restarted Off-Chain Transfers
Following reports of panic among WazirX users at Binance’s cessation of off-chain transfers, WazirX’s Shetty has said that these services have now been resumed.
Vitalik Buterin Plays Down Impact of Ethereum Forks After Merge
Buterin said it is unlikely that Ethereum will be “significantly harmed by another fork.”
Crypto Miner Mawson Says CFO Resigns
The company appointed Ariel Sivikofsy as a consultant CFO until a replacement is selected.
Meme Coin Price Predictions – Tamadoge to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu
In the past, meme coin prices have provided staggering returns throughout 2020 and 2021. However, after the cryptocurrency price crashes in 2022, users are looking for which meme coin to buy next.
This guide looks at Tamadoge – one of the best upcoming cryptos and the best new crypto to buy in 2022. We will also discuss the meme coin price predictions and how to buy Tamadoge in 2022.
5 Key Reasons why Tamadoge is set to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu in 2022
Which meme coin will explode next? While tokens like Floki Inu and SafeMoon Inu have performed well in the past, we recommend Tamadoge as one of the popular meme coins that will explode. Let’s take a look at why this token can be a good investment:
1. Deflationary Asset
One of the best features of Tamadoge is that it aims to be a deflationary asset. Firstly, TAMA is the native cryptocurrency & utility token of the Tamaverse – a play-to-earn (P2E) virtual ecosystem that lets users participate to earn in-game rewards.
The TAMA token is a deflationary asset, with a maximum token supply of 2 billion coins. On the other hand, Safemoon Inu has a maximum supply of 1 trillion tokens. The Tamadoge team also states that 5% of all tokens used to purchase in-game assets will be burnt. This has been done to increase the token’s demand against the supply.
2. P2E Platform and NFT Use-Case
TAMA has the potential to provide huge returns over other meme coins and become one of the fastest growing cryptocurrencies. While most meme tokens provide no use-cases to investors and participants, Tamadoge will allow users to participate in a play-to-earn platform to earn more cryptocurrency rewards.
Furthermore, Tamadoge looks to dive deep in the web 3.0 sector by utilizing smart contract technology to provide NFT use-cases to investors. Players can buy, create and breed Tamadoge pets – virtual characters minted as NFT, using smart contract functionality.
These tokens can be purchased with only TAMA on the Tama store. Therefore, the success of the P2E platform may lead to a potential price increase for TAMA tokens.
3. Multi-Utility Token
When trying to analyze which meme coins will explode, it is important to look at the token’s utility and contribution to its ecosystem on the blockchain. While social media & marketing is important, most meme coins fail to maximize long-term growth due to a lack of utility.
The TAMA tokens are at the centre of the Tamaverse. Users can participate and buy the in-game NFTs solely with TAMA tokens. Furthermore, top performers are rewarded with TAMA, which has been distributed from P2E prize pools. Therefore, TAMA provides actual value to users of the Tamaverse.
4. Higher Growth Potential
The popular meme coins have corrected from massive highs after providing users with significant returns. For example, Safemoon Inu reached an all-time high (ATH) of $0.0002 in 2021 and is currently 98% below its high.
On the other hand, TAMA is currently in its beta presale period and may be available at a very cheap price point. Many cryptocurrencies list for higher prices than their presale periods, providing users with an instant return on investment.
TAMA is set to be listed on LBank – a popular centralized exchange (CEX), and UniSwap – the popular decentralized exchange (DEX). Getting listed on mainstream exchanges typically leads to higher trading volumes due to the tokens being made available to a mainstream audience. Therefore, users can buy Tamadoge on beta presale now.
5. Future Roadmap Plans
According to Tamadoge’s whitepaper, the platform is expected to launch an augmented-reality (AR) app by Q4 2023. This app will retain the same P2E features of the web-based platform while providing users with a new method to participate on the Tamaverse.
Tamadoge also plans to deploy the Tamadoge Onramper in the coming years, which will be the platform’s gateway to facilitating fiat currency transactions when buying Tamadoge. Finally, the platform has already planned upcoming token deployments in various DEXs and CEXs, which can help in the growth of the token.
Are Meme Tokens Still Dominating the Crypto Market?
After the popularity of meme coins in 2020 and 2021, this crypto sector has died out in the past year. For example, Dogelon Mars has dropped more than 98% from its ATH set in July 2021, while popular cryptos like Dogecoin are 90% below their ATH.
Will meme coins last? While price volatility is not unprecedented in the crypto markets, users must look for the best upcoming cryptos that provide use cases.
A Closer Look at Tamadoge
The Tamadoge platform lets users engage in a play-to-earn (P2E) metaverse, with the opportunity to earn rewards via cryptocurrency. The native token, TAMA, is currently going through its beta presale phase, where users can purchase 1 TAMA for $0.01.
A great choice for cost-effective buyers, users only need to make a minimum investment of 1,000 TAMA ($10). With a total supply of 2 billion tokens, users can now buy 50% of the token supply. The team developers have reserved 20% of the supply for future DEX and CEX listings, potentially making the tokens more available to a mainstream market.
The remaining 30% of coins will be released over the next 10 years via minting operations. The Tamadoge pet NFTs will be at the centre of the P2E platform – since users will battle another player with their own NFT avatars to avail points on a monthly leaderboard.
Players that earn the most points are rewarded with TAMA from the ‘dogepool’. Tamadoge’s team has been KYC-verified on CoinSniper, and the smart contract code has been thoroughly audited by SolidProof.io – helping boost the project’s credibility.
Users interested in learning more about the project can subscribe to the official Telegram group and stay updated. Remember admins will never DM you first – beware of scam attempts where impersonators copy the profile picture and user name of crypto project admins or moderators.
Min Investment | 1,000 TAMA (∼$10 + gas fee) |
Max Investment | N/A |
Purchase Methods | ETH, USDT, Debit / Credit Card (via Transak) |
Chain | Ethereum |
Beta Sale Ends | 2nd September 2022 |
Presale Ends | Q4 2022 |
How to Buy Tamadoge (TAMA)
Users can now decide whether to invest in the TAMA cryptocurrency. The sections below provide a step-by-step analysis of how to buy Tamadoge in 2022.
Step 1: Set up a Crypto Wallet
When looking for where to buy Tamadoge, users will need to download a crypto wallet.
MetaMask is one of the best crypto wallets, which will allow users to purchase TAMA during the ongoing beta presale.
Users can head over to MetaMask and click on ‘Download’.
Step 2: Buy ETH or USDT
Users must buy Tamadoge with ETH or USDT. Investors can head over to a cryptocurrency exchange of their choice, buy Ethereum or USDT and transfer the tokens back to their Metamask wallets.
Step 3: Link MetaMask to Tamadoge Presale Platform
The next step is to go on the Tamadoge website and click on ‘buy’. Users can then click ‘Connect Wallet’ and choose their wallet provider to connect with the presale platform.
Follow the instructions to officially link the wallet.
Step 4: Buy TAMA Tokens
The final step is to buy TAMA. Simply enter the amount of TAMA you would like to purchase and select ‘Convert ETH’ or ‘Convert USDT’. Users need to purchase a minimum of 1,000 TAMA.
Finally, users can claim their TAMA tokens once the presale ends. Once the presale period is over, click on ‘claim’ on the Tamadoge website’s homepage.
It’s also possible to use a credit/debit card to buy TAMA via the popular fiat on-ramp Transak integrated with the website.
Buy Tamadoge on Beta Presale
Conclusion
This guide has reviewed one of the best play-to-earn crypto games – Tamadoge. While the meme coins market has been bearish in 2022, Tamadoge (TAMA) provides users with a multi-utility token that can be purchased to invest in NFTs, earn in-game rewards and participate in metaverse-based ecosystems.
Chainlink ditches Ethereum PoW forks for PoS after The Merge
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Cross chains, beware! deBridge flags attempted phishing attack, suspects Lazarus Group
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Bitcoin core contributor urges maximalists to take a different route
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Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team
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Six reasons why blockchain makes sense for commercial real estate: Deloitte
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Polygon-Based Web3 Game Dragoma Supporters Fall Victim to $3.5M Rug Pull: PeckShield
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Crypto.com Receives South Korean Regulatory Licenses After Buying Local Firms
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KBW 2022: Crypto.com hits key regulatory milestone in South Korea
“This is an exciting next step for Crypto.com in an important market,” said co-founder and CEO Kris Marszalek.
Dogecoin Unseated From No. 10 Spot In Rankings – Can DOGE Stay Relevant?
Dogecoin (DOGE) has been recently pushed aside by Polkadot (DOT) from the top cryptocurrencies list as it is now the 11th biggest crypto in terms of market cap. DOGE’s market value is currently at $9.28 billion after it sadly had to let go of its position which is now held by Polkadot with a market value of $9.62 billion.
According to CoinMarketCap, the DOGE price is 1.09% down or at 0.06899 as of this writing.
DOGE price remained the same despite the positive sentiment in the crypto space spiked by the support of Elon Musk, among other things. Michi Lumin, Developer of Dogecoin, has recently announced the release of a C library of DOGE building blocks coined as Libdogecoin. This library allows Dogecoin to integrate into different platforms.
Elon Musk Says DOGE Has Real Value
In one of his appearances on the podcast “Full Send”, Elon Musk, billionaire entrepreneur and CEO of Tesla, once again pressed on with his unrelenting support for DOGE. “I’m mainly supporting Doge, frankly,” Musk said.
Musk reiterated that Dogecoin isn’t just a dog meme coin; it is not a joke because it has real utility value. He also said that in comparison to Bitcoin, DOGE has a much bigger transaction volume. Since early August, the price of DOGE hasn’t moved significantly because it’s been hindered by $0.075. The crypto market seems to be in a coma as it is being bombed by a lot of macroeconomic problems.
But, as other meme projects have no utility value and the token prices are mostly impacted by social media or a popularity vote from influencers and other celebrities, investors aren’t so sure if they should invest long-term in these dog meme coins.
Dogecoin Lags Behind
DOGE is lagging behind in terms of growth. At the beginning of July, the DOGE price is at $0.066. SHIB grew by 17% but DOGE price only registered a growth of 1.4%. DOGE token market cap only increased a bit from $8.77 billion to just $9.06 billion.
On July 31, DOGE had 73,800 active addresses that grew by as much as 13% or around 105,000 addresses at one point on July 28. DOGE was able to close July with a plunge in transaction volume by 96% or 1.53 DOGE.
The social dominance of DOGE increased by 8.49% after the price racked up to $0.75. DOGE price plunged by 61% as social dominance nosedived by 3.3%. DOGE’s social volume further declined by as much as 63%. Developmental transactions within the Dogecoin network grew by 80% despite the lack of ecosystem updates.
DOGE total market cap at $9.24 billion on the daily chart | Source: TradingView.com
Featured image from Zipmex, chart from TradingView.com
DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption
Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022
“Even though it’s hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo.
Vitalik: Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022
“It’s a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said.