Ali Raza
Meme coins have taken over the crypto market over the past year. One meme coin that has become quite popular over the past year is Samoyedcoin (SAMO). The unique thing about Samoyedcoin is that it is created on the Solana blockchain.
Samoyedcoin market cap surges
SAMO reached an all-time high of $0.236 in October last year. However, it has been dealt a significant blow by the 2022 bear market, dropping by around 95% from its all-time high levels.
However, SAMO’s early investors are still enjoying notable returns. The year-to-date gains for the coin are 82%, up by over 1300% since April last year. SAMO is one of the low cap cryptos. It has a market capitalization of around $34 million and ranks as the 507th largest cryptocurrency by this metric.
Solana has been ranked as one of the top blockchains in the market because of how it promotes scalability through high speeds and low fees. Samoyedcoin is targeting investors that want to buy a “Doge-themed” project on the Solana blockchain. SAMO provides Solana users with a chance to be part of the meme coin craze.
SAMO has the potential to head to $1 because of the popularity of the Solana blockchain. However, Solana is still lagging behind Ethereum regarding total value locked (TVL). The massive Ethereum community has attracted many developers to the network. Additionally, the Ethereum network is transitioning to a proof-of-stake consensus, which could solve the issue of slow speeds and high transaction fees in the long term.
Tamadoge will be bigger than Samoyedcoin
Samoyedcoin has set itself apart by running on the Solana blockchain. However, another new meme coin has launched with better utility and fundamentals than Samoyedcoin, giving it potential for significant gains in the future.
Tamadoge is a cryptocurrency that is currently on presale. So far, the Tamadoge presale has raised more than $9 million, meaning that less than 40% of the presale tokens are left. Tamadoge is attracting a lot of interest because of its focus on providing utility through operating as a play-to-earn network.
The Tamaverse is a metaverse platform that allows players to mint, nurture, and battle with their Tamadoge pets. Players that win against other players can earn rewards through TAMA tokens. TAMA has become the first meme coin tapping into the buzzing P2E sector. With the predictions made regarding the growth of the blockchain gaming ecosystem, TAMA tokens could be in for significant gains.
Another unique feature about Tamadoge is the capped supply of 2 billion coins. This differs from most meme coins, which usually have a vast supply. Solid tokenomics create the demand that can fuel price gains for TAMA.
One of the things to note about Tamadoge is that the team has a solid roadmap. As soon as the presale is over, the team will focus on listings on centralized and decentralized exchanges.
Related
- Tamadoge Price Prediction 2022-2025
- How to Buy Tamadoge in 2022
- Tamadoge P2E Meme Coin Raises $8.5 Million, Only 40% of Presale Tokens Left
- Samoyed Meme Coin Price Prediction – Will SAMO Pump?
- 15 Best Crypto Airdrops
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.
Learn how to publish your content on B2C
Join our Telegram channel to stay up to date on breaking news coverage
Add B2C to your Google News Feed
Discuss This Article
Add a New Comment /Reply
Thanks for adding to the conversation!
Our comments are moderated. Your comment may not appear immediately.