The DogeBonk (BONK) meme coin has seen a dramatic rise in value over the past week, but this can’t be taken as an indication that it will continue on its current trajectory or even maintain current price levels.
Given a lack of information about the founders, no white paper, and no clear direction for the project, it’s difficult to make any predictions about where BONK will end up, and it seems quite likely the project is a money making scheme for the anonymous founders. Additionally, with such a fast rise in price, there is always the risk of a dramatic fall if investors should decide to take their profits early on in its lifecycle or founders should decide to take the money and run.
Utility and Better Price Chart Make TAMA a Better Buy
The lack of utility for existing meme coins, such as BONK and Shiba Inu (SHIB) also means they have limited to no use cases, and thus, seem unlikely to come close to Dogecoin’s success. The Tamadoge team has addressed this issue by providing an engaging and addictive NFT trading and rewards based gaming experience that is supported by a deflationary token–TAMA, making Tamadoge a more interesting investment option for crypto investors who believe utility is just as important to create hype as community-backed marketing efforts.
After a successful presale last year, Tamadoge’s arcade-style play-to-earn game is nearly ready to launch its inaugural series of games. With the intention to integrate gaming with NFF trading using their uniquely designed tokens and enthralling gaming experiences, Tamadoge is set to create real interest in the TAMA token in the coming weeks as the game comes out of beta testing.
More You Play – The Bigger The Chances To Win Prizes
— TAMADOGE (@Tamadogecoin) January 4, 2023
NFTs are not only used to represent Tamadoge pets, but also as in-game assets with diverse effects based on their level and type. The rarer the NFT is, the greater advantages it will provide you: from stat boosts that enhance your character’s battle performance to important items for progression.
Tamadoge’s native cryptocurrency (TAMA) rewards players for their participation in the community and grants access to a dynamic gaming economy with its built-in trading system. Players can spend TAMA tokens on in-game items, or trade them openly if they wish.
Gamers will also have an opportunity to collect rare NFTs that come with greater stat upgrades. These bonuses may range from higher attack and defense points, more health points, faster leveling up, and the ability to earn additional rewards.
Tamadoge Sneak Peak
As players traverse through Tamadoge, they have the chance to accumulate and breed digital pets while gathering Dogepoints. With each progression in levels, users are rewarded with TAMA tokens which can be used within the game to purchase items or develop their collections. Those who end up accumulating the most Dogepoints at the conclusion of each month become recipients of even more free TAMA tokens as a prize.
When the game is launched, players are taken to the world of Tama where they can explore different areas in search of secret surprises while participating in games, exchanging Tamadoge pets, and collecting NFT items.
Before the match, players will have the opportunity to choose their one-of-a-kind NFT creature companion for the task at hand. Each of the Tamadoge creatures are special in their own way and possess different strengths that make them better suited for specific types of games. Therefore, it’s essential to take time when picking out your perfect partner pet.
Although Tamadoge will have an ad-supported free version, only the paid version will give players access to the leaderboard so they can earn rewards and win prizes.
Tamadoge’s presale in 2022 was quite successful, raising $19 million within just two months. Unfortunately for investors, the bear market took its toll–as it did with most other projects. Nonetheless, well-informed investors know that bear markets are actually an ideal time to buy into good projects before they take off again in the next bull market.
With solid financial backing, a long runway, and an experienced team, Tamadoge is well-positioned to come out of the bear market strong. And since they are set to launch their addictive arcade games in the near future, there will be an increasing number of investors keen on this meme coin as we move further into 2023.
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