Tamadoge Price Prediction As TAMA Lists Top 5 Crypto Exchange – 10x Potential This Week?

Tamadoge Price Prediction As TAMA Lists Top 5 Crypto Exchange – 10x Potential This Week?

Tamadoge (TAMA), the crypto token powering the Shiba Inu dog-themed gaming-focused Tamaverse web3 ecosystem, has been pumping lately and price predictions are getting more bullish.

TAMA/USD last changed hands at just under $0.03 per token, down a bit on the session but still quite close to recent multi-month highs in the $0.037 range and still up close to 50% from Monday’s lows as the crypto token bounced off its 200-day moving average in the $0.019 range.

On the month, Tamadoge is up a whopping 140%.

The cryptocurrency’s impressive gains come amid hype regarding the arrival of a new wave of investors as Tamadoge secures listings across major centralized cryptocurrency exchanges.

Tamadoge was listed on ByBit, one of the world’s largest cryptocurrency exchanges, today.

The Tamadoge team teases that more major listings are also coming, such as a potential listing on the world’s largest exchange, Binance.

In the meantime, traders/investors can benefit from a generous trade-to-earn campaign conducted via ByBit.

ByBit customers who trade TAMA tokens for at least 100 USDT will receive 500 TAMA for free (worth close to $15 at current prices!).

While trading conditions are likely to remain choppy, the outlook for TAMA is looking up.

As more major exchanges list the token, this will give Tamadoge a significant free marketing/promotional boost, while making the investment easier for a much wider audience of potential buyers.

Meanwhile, the Tamadoge team continues to pump out ecosystem upgrades and populate “Tama Island”.

For example, there are now five Tamadoge Arcade games, where users can compete to spend their Tamadoge NFTs and earn TAMA rewards.

Price Prediction – Where next for Tamadoge (TAMA)?

TAMA has made solid progress back towards multi-month highs recently.

See also  New York fines crypto trading platform $30 million in first-ever DFS crypto settlement | Shearman & Sterling LLP

If it can break above resistance in the $0.37 area and above the late October 2022 highs just below $0.040, it could open the door to a meltdown higher towards the all-time highs near $0.20 posted shortly after Tamadoge’s initial listing back in early October 2022.

That could mean roughly 7x gains from current levels, and would see TAMA’s market cap increase to around $200 million.

It’s not an unimaginable market value for Tamadoge given that the developers continue to make solid progress in delivering on the roadmap and that Tamadoge’s games continue to attract new players.

In fact, Tamadoge has more active users than Decentraland and The Sandbox combined, according to DappRadar data.

If Tamadoge reached a market cap of $200 million, it would still be less than 2% of Dogecoin’s market cap of around $10.8 billion.

Can Tamadoge 10x this week?

Many observers believe TAMA has much more utility, thanks to the fact that, unlike Dogecoin, it powers a rapidly growing gaming web3 ecosystem.

Say Tamadoge was able to reach 5% of Dogecoin’s current market cap of $10.8 billion.

That would imply a market capitalization of over $500 million, which means a token price (given the current supply of just over 1 billion tokens) of around $0.50.

That’s a more than 15-fold jump from current levels.

Although Tamadoge is unlikely to deliver 10x gains as soon as this week, investors looking to get in on a low-cost gem that has a lot of upside potential should definitely consider Tamadoge.

Buy Tamadog now

Tamadoge (TAMA) could do well, but DYOR before he jumps in

Investors getting in now can do very well as the hype and excitement surrounding the growth of the Tamadoge ecosystem.

See also  What you can and can't trust in crypto

As with all meme coins, early investors have the opportunity to ride the wave of momentum and see significant gains in the short term.

That said, it’s important to note that meme coins can also be highly volatile, so investors should carefully consider their risk tolerance and investment strategy before jumping in.

The market for meme coins can be very volatile, and the success of the project depends on a number of factors, including market conditions, competition and community engagement.

It is important for investors to do their own research and make informed decisions based on their risk tolerance and investment objectives.

Investors can check out Tamadoge’s website here and whitepaper here.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *