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What Meme corners Although initially useless, they enjoy significant community support. Therefore, it is not surprising that this cryptocurrency industry is attracting attention. An interest partly due to Tesla CEO Elon Musk regularly promoting Dogecoin, the first cryptocurrency meme.
However, the memecoin market was previously dominated by Dogecoin and Shibainu seems to decline over the course of several months. While the former persists, the latter has nonetheless developed at a slower pace in recent months, despite many unfinished projects in the Shiba Inu ecosystem.
As a result, investors are starting to pay attention to other more recent coin memes. Above all it comes with Tamadoge, Being a direct competitor to the Shiba Inu and using the Dogecoin ecosystem, it has some interesting properties despite its monetary meme status.
What is a meme coin?
Meme-coin is a term formed by the merger of the word “meme”, which derives from the English reference meme, which means “joke”, and the word “coin”, which means coin. Meme coins are cryptocurrencies that were originally designed for this. make fun of altcoins it came out after bitcoin.
For this reason Dogecoin is not only the oldest cryptocurrency, but also the most used. She was founded in 2013, but it’s only been a few years since it became a cryptocurrency, potentially boosting the meme coin industry by proving they are far more than they could be useful in the long run.
Because of its new look and with some humor, this industry tends to do it attract many people and there are many meme tokens which are quite expensive in the cryptocurrency market. Innovative and potentially profitable coin memes include Tamadoge, a relatively new project that could surpass Dogecoin and Shiba Inu.
The case with the upper corners of the memes?
It is true that Dogecoin and Shiba Inu knew this explosive growth in value a few months ago today this is no longer the case. If we take the case of Shiba Inu, then she is currently the victim of a problem with her token. In essence, SHIBA is a token whose values far exceed the scope of the originally planned project.
As there are many tokens in circulation, their holders have very little leverage compared to other cryptocurrencies. This is the problem it does Many cautious investors because very few would be willing to risk such a project.
As for DOGE as the first meme cryptocurrency and founding member of the dog-based token community, it’s still relatively stable. From its inception to the present day, millions of people have supported the project and continue to do so. especially moss which has made it easier to pay at DOGE in many of its companies.
Also, unlike some risky blockchains, Dogecoin’s blockchain doesn’t have any deflationary restrictions. Although the token has lost value due to the general market decline, it remains strong nonetheless.
Current prices of Shina Inu (SHIB) and Dogecoin (DOGE).
After an impressive increase in value, the Shiba Inu has started to consolidate in a rather narrow range. A rather unexpected stabilization given that there is still some volatility in the cryptocurrency market. This meme is currently for sale on $ 0.00001214, although many investors are hoping it can break the triple high resistance of $ 0.0000125.
As for Dogecoin, it is around $ 0.06938. According to experts, if the cryptocurrency falls below the $ 0.060 level, it could fall victim to another downtrend until it reaches the $ 0.055055 or $ 0.049 level.
Therefore, as these two cryptocurrencies stabilize, their position is a clear sign of investor indecision and uncertainty. Uncertainty about it Tamadoge could take advantage of this.
Tamadoge (TAMA): a glimmer of hope for investors?
Tamadoge is another ERC20 token. This project, currently in presale, has the merit of completely reinventing the way the coin meme is presented. It takes a rather innovative approach as it is based on both the concept of meme coins and games like Play to Earn (P2E).
Basically, it is an ecosystem Native Token – TAMA and whose appearance is similar to the cryptocurrency of the meme, while mixing the retro game aspect of using the term Tamagotchi and mixing in the Metaverse. Therefore, TAMA will be able to carry out any type of transaction in the game of the Tamadoge universe: Tamavers.
Furthermore, the Tamadoge is unlikely to suffer from the same problem as the Shiba Inu. In fact, this cryptocurrency has not only an offer limit, but also a maximum reserve of 2 billion tokens. It also has firing mechanism 5% token removal from all Tamadoge store transactions.
Thus, Tamadoge (TAMA) has already started presales as a new project. she must End of September 2, 2022 and until that date, TAMA tokens will have a lower selling price than when issued in the future.
Moreover $ 250,000 already raised in 10 days with Tamadoge presale. If you want to know more about how to invest in a project and especially how to buy it, we have written this guide to explain it step by step.