Tom Sheen
Tamadoge ultra-rare NFTs have just two days until the auction closes and the 100 best pets hit the open market.
The pets will form the center of the Tamaverse, an ecosystem that includes NFT ownership, the meme token TAMA, and a play-to-earn (P2E) game.
TAMA had its initial exchange offering (IEO) at the end of September and made nearly 2,000% gains from its presale price.
While the coin has since retracted since that early pump, analysts are forecasting more gains in the future as the Tamadoge universe is fleshed out.
Two Days Until Tamadoge Ultra-Rare Auction Closes
In total there will be 21,100 NFT Tamadoge pets released for the Tamadoge game.
The game, styled on 90s craze Tamagotchi, sees holders feed, care for, and grow their pets until they become adults.
Once they are adults, owners do battle against other players for the chance to move up a global leaderboard and win tokens and rewards.
Other P2E arcade games are also set for release in early 2023, while an augmented reality app – which will allow players to take their pets out into the real world to hunt and explore – is set for late 2023.
The pets will come in three tiers with 100 ultra-rare, 1,000 rare and 20,000 common.
Ultra-rare pets boast improved agility, awareness and speed and have a 90% improved chance of finishing at the top of the leaderboard.
The OpenSea auction for the first 100 ultra-rare pets started on October 6 and will run until Thursday, October 13 at 2.25pm UTC.
The starting price was 1ETH ($1,285) for all 100 pets, with just 30 remaining at the price, with many bids placed above 1.50ETH.
A high bid of 2.12ETH ($2,725) has been placed on Tamadoge #1 – a 112% increase over the starting price.
To bid at the auction you need to hold Wrapped ETH (WETH) in your wallet.
Details on when the rare and common Tamadoge NFT pets go on sale will be released in the coming days on the Telegram group and Twitter page.
TAMA Token set for Another Pump?
TAMA has retraced in recent days after its explosive pump at the start of last week.
However, there are signs that the meme token could be primed for another surge in the coming days and weeks.
Firstly, volume has dropped off, but TAMA remains the third-largest meme coin by volume, trailing only Dogecoin and Shiba Inu.
It has held that position since the IEO and longer established coins such as Baby Doge, Floki Inu and Dogelon Mars have much smaller volume despite their bigger marketcaps.
Furthermore, despite a large sell off in recent days, the number of Tamadoge holders has not fluctuated that much.
According to Etherscan, there are still more than 25,000 holders of TAMA – at its peak price that number was less than 28,000.
This shows that the vast number of sellers have kept a position despite the retraction, indicating there remains bullish sentiment in the community that another pump will happen.
Further research on Etherscan shows that while a number of TAMA whales did take profits on their coins, most of them have kept large reserves of the token.
Finally, there are continued rumors that TAMA will get a Binance listing – an offering on the world’s largest exchange would attract huge liquidity to the project.
An application for listing has been completed and submitted.
Binance is the largest crypto exchange by volume and weekly visits, according to CoinMarketCap.
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
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This article was written for Business 2 Community by Tom Sheen.
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