With a major correction in some of the major cryptocurrencies in the industry, the entire cryptocurrency market has taken a heavy hit. As the world has watched not only the cryptocurrency industry but the global markets as a whole over the past two months, retail investors have been in a state of fear and confusion.
While this may be the case for a large portion of citizen investors, a large number of large organizations and savvy investors have consistently stocked up on these digital assets at a discount.
Even in the bear market, a few projects were introduced that showed huge potential. The aforementioned investment groups have also participated publicly in these new ventures, as they are all but guaranteed to make huge profits as market conditions recover.
A group of investors who have created a major shift in the prices of several projects historically are the “memecoin investors”. The best examples of the same are communities for memecoins Dogecoin and shiba inus. These investors represent millions of people around the world.
Recently, these two memecoin communities have invested and actively participated in one of the latest most profitable projects in the space – Tamadoge.
Your capital is in danger.
What is Tamadoge?
tamadoge claims to be the newest entrant in the hugely popular Doge ecosystem. The developers, whose identities have yet to be revealed, claim that Tamadoge is a product that has the ability to outperform Dogecoin and Shiba Inu as it has learned from their limitations and mistakes.
Tamadoge is a platform where players can mint doge NFTs of their choice and maintain them. These Tamadoges can be farmed and after a while can be used to fight friends or random players.
Embedded in the Metaverse, the project aims to create a space for players to socialize and have a fun gaming experience. There are also several other features that the team plans to update at launch, such as the move-to-win concept as mentioned in the roadmap.
With several other opportunities to play to win, the project should attract a large audience. It will also feature a leaderboard where the player with the most “Dogepoints” will be eligible for prize pool rewards.
The project boasts of a transaction-free fiscal policy and is also capped in supply, making it a deflationary asset, unlike its memecoin counterparts.
Why Support?
The memecoin community has always expressed support for emerging memecoins with high potential. The project has several features that position itself as a top winner in the future. Social media platforms have also been active with frequent interactions between the developers and its existing community.
In addition to the Doge ecosystem, the project has managed to achieve trusted memecoin status which has a clear utility. These factors have led to its growing popularity and helped attract investors from the Dogecoin and Shiba Inu communities.
Advantages of Memecoin Community
The 2021 bull market has seen some of the largest price increases in almost all major and small cap cryptocurrencies. However, the few that stood out the most were memecoins. Dogecoin has grown exponentially following social media interference by tech billionaire Elon Musk.
The DOGE token had risen almost 12,000% in the first 5 months of 2021 itself. This was the beginning of the memecoin concept and the creation of one of the largest cryptocurrency communities in the world.
This growth was quickly eclipsed by Shiba Inu, which was also introduced in the following months and was popularized thanks to some tweets from Elon. Shiba Inu Investors have quickly become the largest single project community in the world. The SHIB token has risen at an exponential rate and is estimated to be nearly 46,000,000% higher than its initial price.
The memecoin trend continued for several months but lost engagement due to the flooding of multiple rug draws and fake drafts. However, Tamadoge has recreated a sense of confidence and an opportunity for growth with its ambitious and realistic roadmap. The idea of investing in another memecoin with great potential received a lot of appreciation.
Your capital is in danger.
With the backing of not one, but two of the most influential investor communities, Tamadoge is expected to grow in price and number of investors. Currently in its pre-sale phase, the TAMA token contract has been fully audited by SolidProof. The team has been fully verified by Coinsniper who will ensure that the project is anti-mat and secure.
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