Here’s Why Tamadoge Has Every Chance of Overtaking Shiba Inu and Dogecoin This Year
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Although Dogecoin (DOGE) and Shiba Inu (SHIB) continue to lead the meme coin market, Tamadoge (TAMA) could become the industry leader soon.
TAMA supporters strongly proclaim the asset’s potential to become the market’s leading meme coin before the year ends. And with the ecosystem still expanding, this could happen.
Tamadoge - NFTs Meet Blockchain Gaming
TAMA is the utility token for Tamadoge, a battle royale blockchain gaming ecosystem that has been gaining massive investor attention since its launch earlier this year. The Tamadoge ecosystem thrives on non-fungible tokens (NFTs) representing digital pets. Players will purchase these pets to use them in battle with other players’ pets. Winners get rewarded with TAMA tokens.
With Tamadoge, players get paid for participating in the activities they love. And as they continue to level up in the game, their NFTs become even more valuable, offering them an additional source of income.
TAMA Price Movement
TAMA is a relatively new cryptocurrency. The digital asset only launched on centralized exchanges a few weeks ago, but its price movement has been quite impressive.
Currently, TAMA trades at $0.04286. The asset has been on an uptrend of 24.23% in the past 24 hours, meaning that it has outperformed the broader market, which is down by 1.78% in the same period.
Currently, TAMA is available on three major centralized exchanges: MECX, LBank, and OKX. TAMA’s listing on OKX puts it on the world map because OKX decentralized exchange (DEX) is available to users worldwide.
Ultra-Rare NFT Launch Boosts TAMA
The biggest news in the Tamadoge ecosystem appears to be the release of ultra-rare NFTs. These NFTs, representing pets in the Tamadoge game, were released on October 6th.
The game’s developers explained that they would be the best NFTs in the Tamadoge game, with heightened traits like speed and strength.
Players looking to participate in the Tamadoge game can buy these NFTs early to gain a better shot at winning battles and earning tokens when the game launches.
Interested buyers can place bids for the ultra-rare NFTs before the auction closes by the end of the week.
Full Tamadoge Launch on the Way
The full Tamadoge launch will likely be TAMA’s biggest catalyst for growth. After the launch, players can finally enter the gaming ecosystem, play, and earn tokens. Tamadoge will also launch its in-house NFT marketplace, where players can trade NFTs directly.
And there is set to be a push for the metaverse as well. The Tamaverse, as it’s called, will be an immersive metaverse platform where players can mint and trade their digital pet NFTs, and it is expected to launch later this year.
Tamadoge’s Head of Product, Carl, will have an AMA session with the OKX team on October 14th by 8 AM UTC to shed more light on their plans.