Ali Raza
Floki Inu was one of the meme coins launched towards the end of 2021. The meme coin claimed to be better than Dogecoin and Shiba Inu, with the team engaging in aggressive marketing campaigns to raise its value and grow its user base. However, FLOKI slumped massively during the ongoing bear market, losing around 96% of its value after hitting an all-time high in November last year.
Floki Inu (FLOKI) affected by price volatility
FLOKI has lost 35% of its value over the past week. At the time of writing, the meme coin was trading at $0.00001057. FLOKI is one of the low cap cryptos, given that its market cap stands at around $94 million at the time of writing.
Like many meme coins, Floki Inu has a vast supply of 10 trillion coins. The supply suppresses the coin’s value, as the demand is insufficient to aid a notable price gain. Moreover, the popularity of this coin in the market seems to be dropping.
When Floki Inu was launched, the team behind it engaged in a rigorous marketing campaign to persuade people to buy the token. However, the marketing gimmicks have since died down, which could be why the token is drastically losing its value.
However, not all meme coins have been created with a massive supply. Tamadoge is one of the market’s newest meme coins. It has a low supply and utility, giving it more value than the other meme coins.
Tamadoge sells over half of its presale
One of the critical aspects of Tamadoge is its solid tokenomics. Tamadoge has a capped supply of 2 billion coins. It is a unique feature because, unlike the other meme coins whose massive supply prevents them from making notable gains, Tamadoge’s capped supply gives it potential for future gains.
Tamadoge is also a play-to-earn platform. Crypto games have become increasingly popular over the past year. Tamadoge is one of the blockchain gaming projects with solid fundamentals and a clear roadmap that could see its native token, TAMA, deliver massive gains.
As a P2E platform, Tamadoge allows the players to mint, breed, and battle using their doge pets. Depending on the players’ success in the game, they can climb up the leaderboard, where they will earn rewards in the form of TAMA tokens.
Tamadoge is currently in a presale that has recorded massive interest because of the meme coin’s unique nature in bringing the meme coin community into the buzzing play-to-earn space. At the time of writing, the TAMA presale had raised $6,844,428, with over half of the presale already sold out.
Tamadoge is also letting the community learn more about the project. It is planning to hold an Ask me Anything (AMA) session with the community on August 25. The AMA session will allow interested investors to learn more about the token and the project. You can learn more about this AMA session through the Tamadoge official channel, which has over 27,000 members.
Related
- Floki Inu Price Prediction for 2022 – 2025
- Where to Buy Floki Inu 2022 Guide
- How to Buy Tamadoge in 2022
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
This article was written for Business 2 Community by Ali Raza.
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