In January 2021, a Reddit forum joked about raising the price of DOGE to create a crypto equivalent of GME.
This notion has gained traction and the price has skyrocketed, thanks to tweets from Tesla CEO Elon Musk. Dogecoin is up nearly 2,000% in five days, setting a new all-time high of $0.73.
On April 11 this year, the Dogefather, Elon Musk, said that if he bought Twitter, users could buy his premium service, Twitter Blue, and pay in Dogecoin.
When Musk talks about cryptocurrency, the price usually goes up. Dogecoin has fallen and is now down 7% since April 11.
In contrast, Shiba Inu (SHIB) went the other way, up 7%. SHIB had perhaps the highest alpha on the meme coin index.
Today, due to a massive sell-off, the crypto markets have been thrown into turmoil, damaging many projects including Dogecoin. And due to its volatility, investors are looking for opportunities in other coins compared to Elon Musk’s Dogecoin.
What are Memecoins?
Meme coins are basically cryptocurrencies inspired by the internet and social media jokes (i.e. memes). Dogecoin, the oldest and most widespread cryptocurrency of its kind, was founded in 2013. DOGE was founded as a joke, but it is now a viable cryptocurrency.
Most of the time, these crypto choices are dismissed as a joke. Many investors, however, believe they shouldn’t be treated this way.
Many of these meme tokens have done well in the cryptocurrency market, and some have already made a lot of money from them.
One such coin is Tamadoge – the newest doge on the block that could explode in place of Elon Musk’s Dogecoin.
Tamadoge: Dogecoin Play-To-Earn
Tamadoge is a fascinating cryptocurrency project that will be released later this year. The name and the central concept of the project are reminiscent of the famous Tamagotchi game of the 1990s.
Tamadoge intends to emerge on the scene with tempting pre-sale offers from Tamadoge, which will allow anyone to buy Tamadoge tokens in exchange for Ethereum or USDT through the Tamadoge website.
Tamadoge is used as a means of payment for minting NFT pets and as prizes for game winners. Importantly, TAMA transactions are deflationary; 5% of all TAMA spent on the game market is burned.
As more people join the game and need TAMA to craft NFT pets, the amount of TAMA decreases over time, increasing the value of the coin.
If you grew up in the 1990s, you might remember it as a little gadget that let you take care of your digital pet. TAMADOGE is a new blockchain project with some features of the classic game, but it’s set in a colorful metaverse rather than an 8-bit screen.
The Tamaverse, a virtual kingdom where digital pet owners can socialize, trade in-game items, buy and sell NFTs, and train their dogs, is used for the project’s play-to-win concept.
The Tamadoge Token is in-game currency that can be used to upgrade pets, perform in-game transactions, purchase pet food, and more.
Tamadoge game players pay TAMA coins to create an NFT pet. They then raise that animal into adulthood, customizing its abilities and play stats along the way.
When a virtual pet reaches adulthood, players can pit it against other NFT pets in battle. Winners climb the game leaderboard and are rewarded by TAMA.
Everything will be monitored on the Tamadoge leaderboard, displaying the investors with the most points each month to the community.
If that wasn’t enough for investors, Tamadoge has an exciting track record that attracts most of Elon Musk’s Dogecoin investors.
The Tamadoge Roadmap
The promising roadmap for the altcoin website includes a new Tamadoge handheld app to help you take care of your pet, like the iconic game we all loved when we were kids.
By Q4 2022, you will be able to get your hands on Tamadoge NFTs.
The beta version of the Tamadoge battle app will also be released around the same time, allowing your Tamadoge pet to compete with other Tamadoge pets.
Diversified investing is always recommended, whether Elon Musk’s Dogecoin drops or not. And if that’s what you’re thinking, Tamadoge may be the next big thing.
Tamadoge is already being bought by investors due to its unique attributes and amazing pre-sale prices.
For more details, visit the Tamadoge website below.
Use the contract information below to add the TAMA token to your wallet.
Symbolic symbol: TAMA
Website link: https://buy.tamadoge.io
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