Tamadoge

<p>The cryptocurrency industry went through a huge upsurge a couple of years back in 2021. This was the time when the market of <a href="https://blockchainreporter.net/the-crypto-craze-understanding-meme-coins/" rel="noopener noreferrer nofollow">meme coins</a> spiked to a great extent. Meme coins are crypto tokens that are inspired by memes. They tend to be very volatile compared with the top crypto tokens such as <a href="https://blockchainreporter.net/ethereum/" rel="noopener noreferrer nofollow">Ether (ETH)</a> and <a href="https://blockchainreporter.net/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a>.</p><p>The reason behind this is that such coins are considerably community-driven. The prices o the respective tokens are normally affected by the sentiments of the online as well as the social media community. This frequently paves the way for great hype. Nonetheless, they are also exposed to a huge financial risk and fear of missing out (FOMO). Nevertheless, a few traders have leveraged such tokens to become rich while several others were deprived of their wealth because of the huge volatility within the <a href="https://blockchainreporter.net/tag/market/" rel="noopener noreferrer nofollow">crypto market</a>.</p><p>Some consider 2021 to be the year when “dogs” witnessed a huge hype. Prominent meme tokens like <a href="https://blockchainreporter.net/tag/dogecoin/" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> and <a href="https://blockchainreporter.net/tag/shiba/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> drove the meme coin market and saw great heights in their market capitalization and price. Meme coins have another characteristic in that normally they possess an enormous or almost infinite supply.</p><p>For instance, the cumulative supply of Shiba Inu (SHIB) comprises up to 1 quadrillion coins. On the other hand, there is no limit to the maximum supply of DOGE. Additionally, more than 100B tokens are in advance being circulated at present. Meme coins do not possess a mechanism for coin burning. Hence, the huge supply of the respective tokens elaborates the reason for their relatively decreased prices, letting people purchase millions of such tokens for just $1.</p><h2 id="header-0">Tamadoge (TAMA): An Introduction</h2><p>The upsurge of “dog” coins in 2021 enabled many new tokens to enter the crypto market. One such meme coin was Tamadoge (TAMA). The respective token targets merging the so-called dog tokens’ a rather fashionable position with the capabilities of the things related to the play-to-earn world. As mentioned on the website of Tamadoge, the token is set to revolutionize the play-to-earn sector.</p><p>The TAMA plays the role of a gateway token for the Tamaverse. Tamaverse is a virtual world that permits consumers to mint, breed, as well as battle their Tamadoge pets. The platform of Tamadoge has mentioned that this would be assistive for the consumers to take the Tamadoge NFTs to the leaderboard’s top. In addition to this, several other opportunities related to the play-to-earn sector will be provided to the users.</p><p>They will take into account virtual reality experiences, permitting the <a href="https://blockchainreporter.net/glossary/non-fungible-token/" rel="noopener noreferrer nofollow">NFTs</a> of the consumers to play with their friends within the Tamaverse. Tamadoge might be slightly different from the rest of the meme coins as a named team is behind the token while several other such tokens have been developed by either pseudonymous or anonymous developers. Thus it might be noteworthy that the group backing the crypto token takes into account an experienced blockchain developer named Siphamandla Mjoli along with some other people.</p><p>These executives include Neil Palethorpe (the senior interaction designer), Éric Lamontagne (the full stack developer), Thomas Seabrook (the top game developer), and Carl Dawkins (the growth head). The platform of Tamadoge combines NFT trading as well as virtual pets. The pets in the Tamadoge system have the central value. The users can purchase them with the use of the Tamadoge tokens in their possession.</p><p>Temadoge pets are tradeable and mintable pets with exclusive strengths, weaknesses, and stats associated with each of them. The respective pets mature and grow with time if the owners feed them. After becoming an adult, a Tamadoge pet gets the ability to battle with the pets of the rest of the players. This enables them to turn into the prominent Doge pets on the leaderboard of Tamadoge, with the use of the Tamadoge battling arena that is turn-based.</p><h2 id="header-1">Tamadoge (TAMA) Use Cases and Tokenomics</h2><p>The TAMA token is Ethereum <a href="https://blockchainreporter.net/glossary/blockchain-3-0/" rel="noopener noreferrer nofollow">blockchain</a>-based. The token can be utilized to buy objects on the network. The consumers are also permitted to get the token via interacting as well as playing with the Tamadoge NFT possessed by them. In line with the further details regarding the token, the cumulative supply of the token is nearly 2B. 50% of the respective amount was offered in pre-sale.</p><p>Within the other 1B TAMA tokens, almost 400M were unminted and reserved to be listed on diverse crypto exchange platforms. The remaining 600M were provided to be minted during the next ten years. While people purchase something from the online shop of the Tamadoge network, 5% of the TAMA tokens are spent. In this way, the platform burns these tokens to prevent a decline in the price.</p><p>Apart from that, thirty percent of the charges are allocated for the development as well as the marketing of the platform. On the other hand, the rest of the tokens move to the prize pool of the system. Nonetheless, Tamadoge asserts that the platform does not implement any tax for the rest of the transfers on the system. As per it, the project should also generate value other than the people who trade the token.</p><h2 id="header-2">Tamadoge (TAMA) Price Prediction: Price History</h2><p>The price history of digital assets is very important in gauging the extent of <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a>, investment, short-term candlestick, long-term cryptocurrency market trends, community support, volatility, and so on. Looking at the past price chart makes it easy to perform market analysis and price prediction, and determine the impact of the economic indicators on the <a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">altcoins</a> like Tamadoge.</p><p>Keeping in view the altcoin price movements, as well as the price volatility factors, the TAMA token saw some chief landmarks in terms of its price since it initially started trading on the 27th of September last year. The token’s price was $0.010 in 2022’s July at its <a href="https://blockchainreporter.net/glossary/initial-coin-offering-ico/" rel="noopener noreferrer nofollow">ICO</a> sale. After that, the token’s price reached $0.030 at the end of the multi-phase ICO movement. After that, TAMA spiked beyond the figure of $0.050 only in 4 days following the conclusion of its presale, and the well-known exchange OKX listed it on its platform.</p><p>The price of the Tamadoge token touched the milestone of $0.080 in October last year. This occurred nearly a couple of weeks following the start of trading by the token. During the same month, it spiked beyond the $0.100 level when news circulated about its likely listing on the well-known crypto exchange <a href="https://www.binance.com/" rel="noopener noreferrer nofollow">Binance</a>. On the 4th of October, the token reached its then-all-time high of $0.150.</p><p>While focusing on the price movement of the token, it is clarified that TAMA was trading around at $0.0130 as its open price on the 16th of March. However, on the 15th of April, $0.0150 was the price thereof. The historical price data analysis says that the token’s price jumped by approximately 15.88% in the meantime.</p><p>In line with the price action analysis, the high price of TAMA has seen a 13.93% upsurge during the respective time. On the 16th of the previous month, $0.0134 was the highest price of Tamadoge while its highest price level on the 15th of April was $0.0153. In terms of lowest prices, the token was trading nearly at $0.0129 on the 16th of March.</p><p>A month after that, on the 15th of April, its lowest price touched the $0.0135 mark. The price history points out that the lowest price of TAMA rose by up to 4.77% during the aforementioned period. In terms of the token’s close price, an escalation of almost 3.93% has been witnessed during the same period.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/65a27031978f4889b6c0857ec738a71a.jpeg" /></p><p>In the case of the TAMA token’s traded volume, the historical data signifies that tokens of up to $2,531,350 worth were traded on the 16th of March. While comparing it with April 15, when approximately $1,841,388 was the trading volume of TAMA, it is clarified that the token had slumped by nearly 27.26%. In the end, the comparison of the market capitalization brings to the front that a 3.93% increase took place from $13,627,283 and $14,163,165 during the above-mentioned period.</p><h2 id="header-3">Tamadoge (TAMA) Price Prediction: Price Analysis</h2><p>In addition to the past price performance, the fundamental analysis and the technical analysis of a virtual currency like <a href="https://tamadoge.io/" rel="noopener noreferrer nofollow">Tamadoge</a> signifies if the digital asset is experiencing a bearish or bullish momentum. In this way, the investors get an idea about whether to sell, buy, or hodl (hold) their crypto assets. As per the fundamental analysis of TAMA’s price, it is currently trading at $0.01373. The present market capitalization of Tamadoge is nearly $27,460,496.</p><p>The cumulative token supply presently stands at the 1.42B mark while 2.00B is the maximum token supply of TAMA at present. The circulation supply of the token is nearly 1.03 billion. The all-time high price of the token is up to $0.192675 which was witnessed on the 4th of October last year. On the other hand,  $0.010175 is its all-time low price that was seen on the 3rd of April this year.</p><p>By using the technical analysis tools, it becomes clear that a decrease of -8.68% has been seen by the TAMA token during the recent 24 hours. The present market dominance of Tamadoge is up to 0.00%. The market sentiment analysis discloses that the overall sentiment around the token is bearish. Additionally, the fear and greed index shows “Greed” at 68. Another positive development seen by TAMA is that it has elevated <a href="https://blockchainreporter.net/glossary/liquidity/" rel="noopener noreferrer nofollow">liquidity</a> in line with its market capitalization.</p><p>The TAMA token’s 50-day simple moving average is up to $0.012923 at this time. Along with this, the relative strength index (RSI) of the token is currently placed at 60.14. The respective momentum oscillator determines if a crypto token is overbought (if above 70) or oversold (if below 30). The present position of the RSI indicates that the digital asset market now stands at a neutral level.</p><p>The risk assessment of Tamadoge specifies that one of the 2 moving averages of the token is not showing positive signs. The token is at the moment trading below its 200-day SMA (Simple Moving Average). The close examination of the token’s price in the recent 30 days says that TAMA witnessed just 14 days of positive price development. In this way, the token has seen just 47% price growth in the past month. Another negative point is that Tamadoge is at present trading approximately -93 below the all-time high price. Presently, the token is showing a 4.98% increase in its 24hr price chart.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/741f29717f5b4460ba4329b0e948544b.jpeg" /></p><h2 id="header-4">Tamadoge (TAMA) Price Prediction</h2><p>The decentralized nature of the crypto industry is attracting more and more people to it with several benefits whether they deal with wallet security, user privacy, and control, as well as the rapid and convenient exchange. These things and the news about the other exclusive developments on social media and the crypto community have a positive impact on price forecasts and speculation. The price prediction helps comprehend the likely altcoin price movements and other trends within the decentralized finance and blockchain technology sector.</p><p>Crypto community sentiment plays a vital role in price predictions. In addition to this, exchange liquidity, chart patterns, price volatility factors, and market capitalization fluctuations are also things that can influence price forecasts. In the case of Tamadoge, the sentiment analysis indicators and the overall cryptocurrency news and events point out that the token can potentially witness a rise in its price during the next years.</p><h3 id="tamadoge-tama-price-prediction-2023">Tamadoge (TAMA) Price Prediction 2023</h3><p>The TAMA token is predicted to reach $0.017 at maximum in 2023. $0.015 will be its minimum price level while it will potentially trade around $0.015 on average during this year.</p><h3 id="tamadoge-tama-price-prediction-2025">Tamadoge (TAMA) Price Prediction 2025</h3><p>The maximum price of Tamadoge in the year 2025 is expected to be nearly $0.036. its minimum price will be nearly $0.031 and $0.032 will be the average price of the token by that year.</p><h3 id="tamadoge-tama-price-prediction-2030">Tamadoge (TAMA) Price Prediction 2030</h3><p>The price of Tamadoge is anticipated to have a considerable rise during the years between 2025 and 2030. As a result, it will potentially reach $0.23 as its maximum price by 2030. The minimum price of the token by that year will be approximately $0.19. Along with this, $0.19 will be its average price level.</p><h2 id="header-5">Conclusion</h2><p>Digital asset investment has a lot of technicalities. Investors need to be aware of several factors including risk assessment, investment analysis, market forecasting techniques, exchange liquidity, and coin price predictions. These things are quite assistive in choosing adequate trading strategies. Cryptocurrency news and events should also be kept in consideration.</p><p>Thus, the investors are advised to carry out thorough research regarding portfolio diversification strategies, fundamental analysis of coins, as well as cryptocurrency <a href="https://blockchainreporter.net/tag/adoption/" rel="noopener noreferrer nofollow">adoption</a> rates. Before making any investment decisions, they should keep an eye on the global economic factors as well as the government regulations and their impact on the crypto in long run.</p><h2 id="header-6">FAQ</h2><h4>What are meme coins?</h4><p>Meme coins are crypto tokens inspired by memes. They tend to be very volatile compared to top crypto tokens like Ether (ETH) and Bitcoin (BTC) due to their community-driven nature.</p><h4>What is Tamadoge (TAMA)?</h4><p>Tamadoge (TAMA) is a meme coin that aims to combine the popularity of dog-themed tokens with the capabilities of the play-to-earn world. It serves as a gateway token for the Tamaverse, a virtual world where users can mint, breed, and battle their Tamadoge pets.</p><h4>Who is behind the Tamadoge token?</h4><p>Tamadoge has a named team behind it, which includes an experienced blockchain developer, Siphamandla Mjoli, and other executives such as Neil Palethorpe, Éric Lamontagne, Thomas Seabrook, and Carl Dawkins.</p><h4>What is the TAMA token used for?</h4><p>TAMA tokens can be used to buy items on the Tamadoge network, and users can also earn tokens by interacting and playing with their Tamadoge NFTs.</p><h4>What is the maximum supply of TAMA tokens?</h4><p>The maximum supply of TAMA tokens is 2 billion.</p><h4>What is the price prediction for TAMA in 2023, 2025, and 2030?</h4><p>The price prediction for TAMA in 2023 is a maximum of $0.017, a minimum of $0.015, and an average of $0.015. In 2025, the maximum price is expected to be $0.036, with a minimum of $0.031 and an average of $0.032. By 2030, the maximum price is predicted to be $0.23, with a minimum of $0.19 and an average of $0.19.</p><p><strong>READ MORE:</strong></p><p><a href="https://blockchainreporter.net/ethereum-price-prediction-important-factors-for-investors/" rel="noopener noreferrer nofollow">Ethereum Price Prediction: Important Factors For Investors</a></p><p><a href="https://blockchainreporter.net/mullen-automotive-stock-price-prediction/" rel="noopener noreferrer nofollow">Mullen Automotive Stock Price Prediction: Will Mullen’s Bankruptcy Risk Cause More Price Drops for MULN?</a></p><p><a href="https://blockchainreporter.net/baby-doge-coin-babydoge-price-prediction/" rel="noopener noreferrer nofollow">Baby Doge Coin (BABYDOGE) Price Prediction</a></p><p><a href="https://blockchainreporter.net/lucid-stock-price-prediction-2025-can-lcid-stock-recover-amid-bearish-sentiment/" rel="noopener noreferrer nofollow">Lucid Stock Price Prediction 2025: Can LCID Stock Recover Amid Bearish Sentiment?</a></p><p><a href="https://blockchainreporter.net/evergrow-coin-price-prediction-will-egc-skyrocket-to-1-soon/" rel="noopener noreferrer nofollow">EverGrow Coin Price Prediction: Will EGC Skyrocket to $1 Soon?</a></p><p><a href="https://blockchainreporter.net/mana-price-prediction-100-in-2022-2030-will-decentraland-rise-to-100/" rel="noopener noreferrer nofollow">MANA Price Prediction $100 In 2022-2030: Will Decentraland Rise to $100?</a></p><p><a href="https://blockchainreporter.net/algorand-algo-price-prediction/" rel="noopener noreferrer nofollow">Algorand (ALGO) Price Prediction</a></p><p><strong>Source:</strong> <a href="https://blockchainreporter.net/tamadoge-tama-price-prediction/" rel="noopener noreferrer nofollow">Tamadoge (TAMA) Price Prediction</a></p>

Tamadoge (TAMA) Price Prediction

Table of Contents

BlockchainReporter

Andre artikler udgivet 21. apr. 2023

Shido Wallet V1.7 now launched on App Store & Google Play!

Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race

FTX-Linked Project Serum Shilling Shitcoins on Twitter: Report

Abu Dhabi Global Market seeks answers on proposed DLT legal framework

MakerDAO Authorizes Transfer of $500M Worth of USDC Tokens to Coinbase Custody

Blockcast 20: These Crypto Giants Are Leaving The US?

Join our free newsletter for daily crypto updates!