The ongoing bear market has meant misery and capitulation for some, and success and euphoria for others. TAMA, one of the largest meme tokens by market cap, has now risen in price by over 300% in the last 7 days
Tamadoge lists on a series of exchanges
TAMA first listed on OKX, one of the largest and most well-respected exchanges, and has since then listed on OKX Dex, Uniswap V3 and Bitmart.
The high number of exchange listings has meant that TAMA has grown to become an extremely liquid token with a huge number of users based all over the world, becoming one of the largest meme tokens by market cap within just a few days of listing.
Tamadoge price is up 300% in 7 days
The price of TAMA has boomed over the last few days since listing and is currently up by over 300% in 7 days.
This means that since launch, TAMA has been one of the best-performing assets in the entire cryptocurrency industry, and this trend shows no signs of slowing down.
On the 6th of this month, the Tamadoge team has announced that they will be releasing their first Tamadoge NFTs. These first NFTs of will be an exclusive set of 100 ultra-rare NFTs.
Tamadoge to launch NFT collection this week
The team at Tamadoge have announced that later this week they will be releasing their first NFTs.
These NFTs, which can be used by community members in the Tamadoge, will be released on the 6th October, and can be used in the Tamaverse.
Further down the line, there will be more NFTs sold in the Tamadoge Pet Store, but this first of round will be extremely exclusive and are expected to fetch high prices on the secondary market.
Could Tamadoge reach $1?
The price of Tamadoge has appreciated since the launch at $0.021 to where it stands currently at $0.089, all within the space of a week.
This is an impressive appreciation in price and leaves the circulating supply market cap now approaching $100m.
Tamadoge’s price performance thus far has been incredibly impressive, and there is great reason to believe that this sort of growth will continue: having raised $19m in the largest presale ever for a meme token, the team is well-equipped and well-prepared to build and grow the project over the coming months and years.
The inflation rate of TAMA is extremely low: as of yet there have been no P2E rewards distributed since the game is yet to be rolled out (although the play to earn component is expected to be extremely beneficial for the project, and team tokens are locked under vesting for 10 years.
With the Tamadoge price at $1, it will still be far smaller than its competitors DOGE and SHIB, both of which lack the play to earn mechanics of Tamadoge, a metaverse, and an upcoming mobile app for engaging with Tamadoge NFTs in AR.
Relevant news:
- Tamadoge Price Pumps 150%, Top Crypto Gainer Today, NFT Drop News
- Tamadoge Confirms Plans To Launch NFT Collection This Week
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption