Shiba Inu on fire, another price rally around the corner?

Per the Shibburn website, the burn rate of Shiba Inu has suddenly increased by 459,76%. The Shiba Inu burn rate was down earlier, as reported by U.S. Today.

The Shiba Inu token (SHIB) is trying to regain its strength after hitting eight-month lows in mid-June amid the wider collapse in cryptocurrency prices. Shiba Inu is also on a path to reinvent itself, and no longer be seen as a mere meme coin.

The recent Shiba Inu rally shifted investors' attention to buying and hodling, leading to a decrease in the amount of Shiba Inu being sent to dead wallets. Over the weekend, Shiba Inu posted an impressive rise, gaining more than 35% in one swoop.

Despite the recent decline in price, SHIBA has stood out from the rest of the market thanks to hefty gains in the past seven days. SHIB is changing hands at $0.00001488, up a massive 20.6% over the same span.

Given the attention that Shiba has earned in the last few days, with the increased need for the coin, we predict a huge comeback for it. Despite the slight fall in the last few days, there are some signs of a growing trend.

With the price coming up to $0.00001420 and the trading volume of  $1,989,578,599,951.00 in the last 24 hours, the Shiba Inu investors may feel very optimistic.

On the other hand, if you're ready to jump on a real rocket ship, let us introduce you to TAMADOGE.

Tamadoge is the currency at the centre of the Tamaverse, allowing you to create, breed, care for and battle your TAMADOGE pets. This is a memecoin with utility. Launching in July 2022, TAMADOGE is a deflationary cryptocurrency whereby users can battle to climb up the leaderboard by gaining Dogepoints.

Users with the most Dogepoints at the end of each month will be able to claim their winnings from the monthly Dogepool. Your Tamadoge will grow with you, becoming stronger over time, but make sure you look after them. If you leave your Tamadoge for too long then they'll end up as a Tamaghost.

 >>>Buy Tamadoge on Presale Now<<<

What's a Tamadoge store?

Whenever you make a purchase in the Tamadoge store, from buying your newest Tamadoge pet through to buying food and toys or even just a cool new hat, you'll always be paying with

Tamadoge token. 

The token that you use to make the purchase will be split between three different pools, which are designed to provide upwards price pressure for the token, allowing the TAMA team to keep developing the platform and provide a source of tokens for the P2E elements of the game.

5% of the tokens spent will be burnt completely, meaning that for every 100 tokens spent, 5 will be removed, consistently reducing the supply of tokens. 30% of the tokens spent will be used for marketing and platform development, allowing us to grow the Tamadoge following and produce an even better platform. 

Finally, 65% of all tokens spent will be added to the P2E prize pool. This is used to pay out rewards from the Tamadoge leaderboard, directly to the community.

>>Buy Tamadoge Now<<<

TAMAanomics

In total the maximum supply of TAMADOGE will be 2 Billion (2,000,000,000). There will be 1  Billion tokens in circulation at the token generation event, with 400 Million unminted and reserved for exchange listings. There will be 600 Million which will become available to be minted over 10 years to power the Tamadoge project.

Some of the key things you should know about it:

• 50% of tokens will be sold before the DEX listing via a public presale.

• 30% of all tokens will unlock for minting over 10 years and will be used to fund the Tamadoge project

• 20% of tokens will be reserved for listing on centralized and decentralized exchanges.

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 3 options

1. Buy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our 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.

2. 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.

3. 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

Summary

Hope you've enjoyed our article. Remember, before investing – do more detailed research for yourself so you get to see things from different angles.

No matter how shiny and attractive a crypto looks or people say that you should invest in it just because of the hype, take it with a dose of the reserve.