Cryptocurrency

Shiba Inu Reach Can’t Reach $1, But the New Cryptocurrency Meme Coin Tamadoge Could

Market Trends

Shiba Inu is one of the most popular meme coins on the markets. It is currently working on its metaverse and a new crypto exchange to increase token utilization. However, they are a little late to the party, as many new crypto projects already include interesting play-to-earn games within the metaverse. Investors are looking for such projects, and Shiba Inu is still not one of them.

So, if you're looking to invest in a play-to-earn crypto game that could bring you huge returns, Tamadoge is the best option. Keep reading as we explain why Tamadoge is the best choice and where to buy TAMA tokens right now.

Top Reasons Why You Should Put Tamadoge on Top of Your Watchlist

For those who don't know, Tamadoge is an upcoming P2E platform set in a vibrant metaverse called the Tamaverse. It's quickly rising above all other new crypto projects and is easily the best crypto to invest in 2022. Here are some reasons why it's attracting new investors in large numbers.

Presale On The Way

Shiba Inu has been around for a couple of years. SHIB tokens became available in presale in 2019 and have experienced impressive highs since. However, the lack of utilization and new features slowed its growth almost entirely. On the other hand, Tamadoge entered presale on July 25, 2022. Therefore, it's expected to grow significantly in the next few years. 

The platform's native token, TAMA, is a new cryptocurrency used for all transactions within the Tamaverse. Moreover, members of the Tamaverse can win extra tokens as rewards for completing tasks and reaching the top of the monthly leaderboards.

The presale ends in October or if all TAMA tokens are sold. The minimum investment of 1,000 tokens will cost you $10, as one TAMA token is available for $0.01. Judging by many other cryptos that hit the markets before, once the project goes live and TAMA tokens become available on CEX listings, they could experience exponential growth leading to massive returns.

The Metaverse and NFTs as Popular Blockchain Features

The metaverse market is expected to keep growing steadily until 2030. The market could reach as much as $1,600 billion by the end of the decade, which is why there are so many metaverse and NFT projects currently in the works. 

Tamadoge uses the same formula to create an ecosystem that allows users to play P2E games and earn in-game crypto rewards. It aims to utilize its DeFi protocols to reward the best players with extra TAMA tokens. The players can then use the tokens to purchase Tamadoge Pets, which can be minted as NFTs. The pets are virtual avatars within the Tamaverse, and you need them to compete in challenges to win Dogepoints and appear on the global monthly leaderboards. 65% of all TAMA tokens used in the Tamaverse are sent to the monthly prize pool and distributed back to players with the most Dogepoints at the end of each month. 

Deflationary Tokenomics

Unlike many other tokens that increase supply to meet the demand, TAMA uses the deflationary approach. For example, Shiba Inu has a total of 1 quadrillion coins, meaning that the supply outweighs the demand. On the other hand, TAMA has a total of 2 billion tokens and won't add more in the future.

In fact, Tamadoge wants to ensure that the demand is always higher than the supply to keep driving the price upwards. Furthermore, 5% of all tokens spent within the Tamaverse will be burnt to decrease the supply of tokens in circulation. The combination of scarcity and excellent utilization will likely lead to a significant price increase in the long run.

Meme Token With The Best Utility 

The lack of utility has been an issue for all meme coins on the markets. However, the tokens that want to survive in the future are now partnering with businesses to increase use cases and boost the token's value. For example, Shiba Inu is working on their own crypto exchange, ShibaSwap, and a Shiba metaverse. However, until these new features go live, SHIB tokens won't be able to grow.

On the other hand, TAMA tokens are used for all transactions within the Tamaverse. Users need TAMA tokens to buy Tamadoge pets from the Tama store and all other transactions. A portion of the used tokens will be used for marketing purposes, while the rest will go towards the in-game rewards. All rewards distribute TAMA tokens back to users, increasing the trading volume. As more users join the Tamaverse, the trading volume will keep growing, making the TAMA coin the best meme coin on the markets. 

Roadmap Focusing On Long-Term Growth

The Tamadoge project has enormous plans for the future. The project's detailed roadmap shows a lot of potential for long-term growth, especially after Tamaverse goes live. TAMA tokens should become available on LBank, a popular centralized exchange in the near future. They will also be deployed on UniSwap, one of the leading decentralized exchanges on the market. 

But that's not all. Tamadoge should release augmented reality (AR) app in Q4 2022, which will also feature the P2E mechanics, just like the central web-based platform. It seems that the developers thought about everything, which is another sign that Tamadoge is the best new cryptocurrency project in 2022.

When Will Shiba Inu Reach $1?

Shiba Inu went through some considerable changes in 2022. The SHIB token lost over 65% of its market cap in 2022. Everyone who invested in SHIB at the end of 2021 lost most of their investment. Shiba Inu is currently available for $0.00001173, a long way down from its all-time high. It would have to gain over 85,000% to reach the 1 dollar mark, which is unrealistic, to say the least. 

Shiba Inu was an excellent investment in 2019. Early investors got massive returns in 2020 and 2021, but due to the lack of utility, and the crypto crash of 2021, the token lost most of its value. Shiba Inu became a popular meme coin partly because of Elon Musk's public mention of the project on Twitter, but its lack of use cases prevents it from growing in the new environment. That said, Shiba Inu won't be able to reach the $1 mark in the foreseeable future. The latest SHIB price predictions say that the token could reach $0.0001987 by 2025, which is still a long way from $1. 

The Best New Meme Coin On The Market – Tamadoge (TAMA)

Tamadoge is hands-down the best meme coin in existence. It's also one of the hottest metaverse projects at the moment and one of the most anticipated cryptocurrencies in 2022. The platform's native currency, TAMA, works as the utility token within the Tamaverse – an exciting new P2E ecosystem that combines decentralized technology with super-fun games.

Users can use the TAMA token to purchase Tamadoge pets and other items from the Tama NFT store. That includes pet foods, accessories, and other items to upgrade your pets and allow them to generate more Dogepoints for the monthly leaderboards. In addition, the best performers get TAMA tokens as rewards, increasing the daily trade volume and providing more value for the token.

Should I Invest In Tamadoge?

TAMA tokens are available in presale right now. The presale started on July 25 and will last until October 2022. Each token is priced at $0.01, and the minimum purchase is 1,000 tokens worth $10. As mentioned above, the total number of tokens is 2 billion, half of which are available in presale. 20% of the other half will be used to facilitate CEX and DEX listings. 

The remaining 30% will be released onto the markets in the next decade through minting operations. That way, the demand will always be higher than the supply, which could result in huge gains. Some experts expect the token to experience 100x gains or more in the next few years. 

It's also important to know that TAMA tokens feature a zero transaction fee protocol, so users don't have to pay taxes when spending TAMA tokens within the Tamaverse. The developers want to generate revenue through Tamadoge's ecosystem, which is a welcomed feature. Moreover, every time players buy an item in the Tama Petstore, 5% are burnt to deflate the token. 30% is used to cover marketing costs, while the remaining 65% goes to the P2E prize pool and is distributed back to Tamadoge players.

With a new AR app planned for the future, and more P2E arcade games in the works, Tamadoge will only get more use cases for its native currency. TAMA tokens are currently one of the best investment options in the crypto ecosystem, as the project is still in its earliest stages. There are no private sales or vesting periods, so you are guaranteed to become an early investor as soon as you buy your first batch of TAMA tokens.

Tamadoge's developers have been fully KYC'd on CoinSniper, and the entire project is audited by SolidProof.io. They act as a guarantee that the project is made according to the best practices and has the best security features possible. It's got all of the accolades of a well-designed blockchain project, which makes it one of the best crypto investments in 2022.

Join the official Tamadoge Telegram group to get the latest news about the project's development and ensure you always know what's happening. You can ask the admins any question, and they will gladly reply; just remember to double-check their profile, as they may be scammers impersonating admins. If you get a DM from someone claiming they are the group's admins, report the user to the group owners immediately.

How To Buy Tamadoge

STEP 1

To begin, make sure you have a MetaMask wallet installed on your browser, or use one of the

wallets supported by Wallet Connect (we recommend Trust Wallet).

Purchasing on a desktop browser will give you a smoother purchasing experience. For this we recommend Metamask.

If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the

in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).

STEP 2

Once you have your preferred wallet provider ready, click "Connect Wallet" and select the

appropriate option. For mobile wallet apps, you will need to select "Wallet Connect".

You will then have three options:

Buy ETH With Card –  This option will allow you to purchase ETH. That will be sent to your wallet by their partner, Transak. You will then be able to use this ETH to purchase TAMA. Click "Buy Eth With Card" to begin and follow the on-screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase.

Buy TAMA With ETH – Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) and then click "Convert Eth". Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas.

Buy TAMA with USDT – Please ensure you have at least $15 of USDT in your wallet before commencing the transaction. Type in the amount of TAMA you wish to purchase (1,000 minimum). Click "Convert USDT". You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Please ensure you go through both approval steps in order to complete the transaction.

STEP 3

Once the presale has concluded, you will be able to claim your TAMA tokens. We will release

details closer to the time, however, you will need to visit the main site https://tamadoge.io and

click on the gold "Claim" button.

Tamadoge Contract

Use the contract information below to add the TAMA token to your wallet.

Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8

Decimals: 18

Token symbol: TAMA

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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.

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