This Meme Coin P2E Game Could See 10x Gains When it Lists
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To minimize the losses from the ongoing cryptocurrency bear markets in 2022, investors are looking to invest in an exciting new play-to-earn (P2E) cryptocurrency - Tamadoge (TAMA). With a 3x price increase during the presale, could we see a 10x price gain after the token lists?
Tamadoge (TAMA) is the native cryptocurrency of the Tamaverse - a virtual ecosystem that offers in-game rewards through its GameFi ecosystem. On the Tamaverse, players can leverage TAMA to purchase playable NFT avatars known as Tamadoge pets.
Built using ERC 721 smart contracts, the Tamadoge pets represent different characteristics and can be bought from the Tama store. Players can purchase multiple other virtual items, which will help them to grow and breed their individual pet NFTs. Eventually, the NFTs will be used to compete in community-wide competitions, where the winners are rewarded with TAMA.
According to the Tamadoge whitepaper, the cryptocurrency has a total supply of 2 billion tokens. Moreover, 5% of all TAMA spent on the ecosystem will be burnt to make the token more valuable in the long term. This makes Tamadoge a more lucrative investment than Dogecoin - which has a token supply of 132 billion tokens.
Furthermore, Tamadoge’s tokenomics have also stated that 30% of the tokens spent will be used for marketing purposes, while the remaining 65% will be distributed as rewards to P2E prize pools.
Concluding one of the best crypto presales in September 2022, Tamadoge raised $19 million in 8 weeks. Initially, TAMA had a presale target of just $10 million. However, the token’s successful beta presale
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