Despite Bitcoin Price Crashing This Crypto Token Presale is Selling Out Fast
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Since January 2022, Bitcoin and some of the world's largest altcoins have corrected by more than 50%. While some large-cap coins are losing market share, investors quickly shift their attention towards Tamadoge. This new cryptocurrency is providing staggering returns during its crypto presale.
The Bitcoin Decline
Since Bitcoin reached an all-time high (ATH) of nearly $70,000 in November 2021, the cryptocurrency markets have declined. Despite being one of the top tending cryptos, Bitcoin has fallen from $47K to $19K in 2022 - a 60% decline in profits.
As a result, most of the other top cryptos in space have all experienced downwards momentum. However, investors are now looking at new alternatives to invest in. In such an instance, Tamadoge (TAMA) is quickly selling out its presale and looks to be the next big altcoin in 2022.
What is Tamadoge?
Tamadoge (TAMA) is a decentralized cryptocurrency platform that offers in-game crypto earning opportunities through its play-to-earn (P2E) ecosystem. Leveraging TAMA, the native cryptocurrency, Tamadoge offers playable NFTs through its platform.
Investors can use TAMA tokens to purchase Tamadoge Pets - NFTs taking the shape of dog-like virtual avatars. On Tamadoge, these NFTs are accessible in the Tama store and can be used to compete in community-wide competitions.
In the future, Tamadoge will be made accessible on its AR-based app, which will retain the same P2E dynamics as the web-based platform. According to the Tamadoge whitepaper, the platform is also planning to release a P2E-style arcade game, a fiat onramp and make partnerships with metaverse projects to promote its platform.
All these exciting use cases make TAMA one of the best future cryptocurrency projects to invest in.
TAMA Raises Over $12 Million in its presale
TAMA has collected more than $12.3 million of its $19 million presale targets. Launching in August 2022, TAMA sold out its beta presale targets of $2 million in only 10 days. Initially available at only $0.1 per token, Tamadoge will be trading at $0.3 by the end of this round.
This 3x price increase has outperformed most of the major cryptocurrencies in the market in 2022, including Bitcoin and Ethereum. Moreover, the token's deflationary tokenomics makes it a great investment for the future.
With a token supply of 2 billion, 50% of all coins are available to purchase during the presale. To maintain the coin's value, 5% of all tokens spent will be burnt on the Tama store, from where the NFTs can be purchased. Tamadoge's 5% burn on pet store transactions will see the price rocket. This will result in more demand for a fewer number of tokens, which leads to an upwards shift in the token price.
After the presale, TAMA will be listed on LBank and Uniswap - two popular cryptocurrency exchanges. After the token listing, Tamadoge will be available globally, leading to higher trading volumes and upwards price movement.
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