Ethereum is undergoing groundbreaking changes while preparing for the future crypto markets. The Ethereum Merge scheduled for September 13 will move the blockchain from the proof-of-work to the proof-of-stake system. The change will likely lead to an Ethereum rally, pushing the price of ETH tokens to as high as $3,300.
The change came at a perfect time, as the Merge will reduce Ethereum's energy consumption by 99.95%. Considering that the worldwide energy crisis is at our doorstep, ETH is making the right move. However, even though it's likely to go on a bull run, it can't compare with the growth potential of the newest meme coin, Tamadoge.
While Ethereum is about to make one of the biggest changes in the history of cryptos to prepare for future growth, Tamadoge price predictions put the new meme coin at the top of the growth charts. TAMA tokens have already tripled in presale prices, but the real growth will happen only after the project goes live in late 2022.
Namely, Tamadoge is the first meme coin with good token utilization. It's set in a metaverse called the Tamaverse, and all transactions in the game require TAMA tokens. That includes trading items with other players, selling them in the dedicated Tama NFT Petstore, and everything else. There is a total of 2 billion pre-mined tokens, but the supply will diminish over time, as 5% of all tokens used will be burned regularly.
Tamadoge is the first meme coin with advanced blockchain features, and it quickly became the most popular new crypto on the market. The demand for TAMA tokens keeps growing daily, hinting at the massive future growth potential. The TAMA token beta presale that was supposed to last until mid-October ended in less than two weeks. The original price for the coin was $0.01, or 100 TAMA tokens per 1 USDT. However, since the beta presale hit its goals of $2.1 million in 13 days, the general presale went live much earlier than expected. The platform has already sold 70% of the 1 billion presale tokens, raising the price after every 100 million tokens are sold.
TAMA tokens are still available in presale at 40 tokens per 1 USDT. After another 50 million coins are sold, the price will increase to 36.36 TAMA per 1 USDT. However, TAMA tokens will likely grow at least ten times after the project goes live and becomes available on all major CEXs. Some experts predict it'll grow by 100 times within the next year, so don't miss out on the crypto with the biggest growth potential in 2022.
Although the Tamadoge presale started only recently, investors worldwide have already done their part to capitalize on this incredible investment opportunity.
Check out this guide if you want to become a Tamadoge community member and potentially get rich by investing in Tamadoge. The step-by-step guide will explain each process in great detail, so make sure to read it carefully.
Once you complete all the steps, you'll be a proud owner of your first Tamadoge token.
Step 1 – Create a Crypto Wallet
If you don't already have one, you first need to create a crypto wallet to buy Tamadoge.
Most wallets are simple to create and are completely free. With that said, we recommend that you go with MetaMask since it includes multi-chain support.
Go to MetaMask's official website, press "Download," and follow the instructions to set it up.
Step 2 – Buy ETH/USDT
You can buy TAMA coins only through Ethereum (ETH) or Tether (USDT). Both of these cryptos can be acquired through the major crypto exchange platform.
However, you also have the option to purchase ETH directly via credit/debit card on Tamadoge's official presale platform.
After you buy ETH/USDT, transfer the tokens into your crypto wallet.
Step 3 – Connect the Crypto Wallet with Tamadoge's Presale Platform
Go to the official Tamadoge website and press 'Buy.'
Next, click on 'Connect Wallet' and pick your wallet provider. You'll see a bunch of instructions pop up; follow them to finish the connection process.
Step 4 – Purchase Tamadoge
Type in the exact amount of TAMA coins that you want to buy (the minimum is 10,000) and press 'Convert ETH' or 'Convert USDT.'
Double-check the information you entered and confirm the transaction if everything is correct.
Step 5 – Claim the Tokens
Lastly, all that's left for you to do is claim the Tamadoge tokens.
But, you should know that the 'Claim' option will be available only once the presale ends.
Ethereum's Merge is about to introduce one of the biggest changes in cryptocurrency markets. The network will move to the proof-of-stake mechanism instead of the proof-of-work consensus used until now. Ethereum is improving its utility over time, reaching 1.7 billion transactions. Once the Merge goes live, the network will airdrop the new ETH PoW token, becoming the only option for ETH miners.
All ETH token holders will be able to declare their ETH PoW tokens after the Merge on September 13. However, there are seven things token holders have to consider during the Merge to get the most out of the newly-introduced changes. The Merge will prevent further ETH mining, so miners can only turn to PoW tokens to continue generating cryptos.
ETH PoW tokens will be given out to all crypto holders and traders that maintain ETH in hardware pockets that help the fork. They must have full custody of the pockets. If holders maintain their tokens in trade pockets, they could lose access to the forked tokens.
BitMEX and Poloniex are the first exchanges to stand behind ETH PoW tokens, making them available for trade on their platforms. They will also act as a trade coverage test for the planned Merge. However, traders and collectors that keep their Ethereum tokens on layer-2 platforms such as Arbitrum, Avalanche, Polygon, or others will not receive any PoW coins. Also, all Ethereum tokens used to provide liquidity for other altcoins are not eligible for the airdrop except for tokens connected to the mainnet.
After the Merge is complete, Ethereum will likely double in price, moving to as high as $3,300 from the current $1,500 price level. If the price reaches $2,500, it's likely to keep growing to over $3,000. However, if it drops below $1,400, the uptrend is unlikely to happen soon.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.