5 Reasons to Be Bearish on Shiba Inu Price and Bullish on Tamadoge
The number of top metaverse games in the cryptocurrency market and the best new cryptocurrencies to invest in 2022 have been increasing. While coins like Shiba Inu offer great rewards, we recommend Tamadoge as one of the best meme coins.
This guide discusses how to buy Tamadoge right now.
5 reasons to be bearish on Shiba Inu prices and bullish on Yutu
Users must be wondering, is the crypto market bearish or bullish? The market in 2022 has seen a bearish scenario after the major cryptocurrency lost more than half of its valuation. However, due to the lower prices, this could be a good time to invest in the best games to earn crypto games.
Below, we compare one of the most popular meme coins with an upcoming 2022 game-as-a-play (P2E) project – Yuji.
1. Use Cases
Due to the lack of use cases and features offered, many investors decided to sell Shiba Inu coin. Although the coin works on the ShibaSwap exchange, much of the crypto asset’s popularity comes from social media support. The coin developers created Shiba Inu as a joke and a competitor to Dogecoin, which is why the coin is gaining mainstream support in 2020.
On the other hand, Tamadoge is a P2E decentralized platform that allows users to earn in-game rewards through TAMA, Tamaverse’s native cryptocurrency and token.
Users can access NFT avatars on the Tamadoge platform, earn tokens from reward pools, and even trade assets with TAMA.Therefore, the use case of TAMA is directly related to it Metaverse Platform, which links the popularity of the coin to the success of the platform. Do Shiba Inu buy or sell? For upcoming projects such as TAMA, users may seek to invest in Web 3-based projects.
2. Token Supply
One of the reasons why Shiba Inu is so low is that its maximum token supply is 1 trillion coins. Therefore, supply exceeds demand, which is why Shiba Inu may not be able to compete with Bitcoin and Ethereum.
On the other hand, TAMA has a maximum token supply of 2 billion. Additionally, 5% of all tokens spent are burned whenever an item is purchased on the TAMA platform. This approach will help maintain the token supply in the long run.
3. NFT Interoperability
In addition to the opportunity to invest in TAMA, the Tamadoge ecosystem also provides NFT (Non-Fungible Token) interoperability within its platform. The main function of the game is to create, buy and trade Tamadoge pets – these pets are minted as NFTs using smart contracts.
Users purchase their unique Tamadoge pet NFTs, each with their own characteristics. Players compete with other community members to earn points on the monthly leaderboard, with the top performers being rewarded with TAMAs.
4. No transaction tax
Many cryptocurrency projects charge a transaction tax whenever a user spends cryptocurrencies on the platform. However, this is done to provide long-term funding for projects that may not be able to demonstrate utility and functionality through their cryptocurrencies.
Tamadoge developers have not added any transaction taxes because they believe the value should come from the ecosystem itself, not through gains from investors. To allow users to earn more tokens when buying and selling, Tamadoge promises not to tax any transactions.
5. Coming soon
When looking for how to buy meme coins, users look for token listings on popular decentralized and centralized exchanges. While TAMA recently launched a beta pre-sale, it has scheduled future listings.
For example, in the future TAMA will be listed on the centralized exchange LBank. Additionally, the token is expected to be deployed on the popular decentralized exchange UniSwap.one of the popular New NFT projectThe deployment of Tamadoge could attract higher transaction volumes and potential price increases in the future.
Many people ask “Should I sell Shiba Inu”? After learning why TAMA could be a bullish investment, users may want to sell their Shiba Inu holdings.Check out our Shiba Inu Price Forecast Guide to learn more about when to sell Shiba Inu.
A closer look at Tamadoge
Tamadoge (TAMA) is the native cryptocurrency and utility token of the Tamaverse, a P2E decentralized platform that supports NFT interoperability and cryptocurrency monetization opportunities.
Users can buy Tamadoge as an investment, trade Tamadoge NFTs and access multiple virtual items in the Tama store. Tamadoge Pet NFT allows users to compete in monthly leaderboards to earn more cryptocurrency.
Whenever TAMA is used to purchase an item in the Tama store, 5% of the tokens are burned, and 30% of the tokens are used for marketing purposes. The remaining 65% is distributed as rewards to various P2E prize pools. Currently, TAMA opened the beta pre-sale on July 25th. 50% of the tokens in this round are available for purchase, while 20% of the total supply has been reserved for future listings.
Additionally, the remaining 30% will be released through minting within 10 years. As mentioned in the project’s whitepaper, the Tamadoge team will also create an augmented reality (AR) application that will allow players to interact with their Tamadoge pets in the real world.
Finally, Tamadoge’s team is KYC verified coin sniper, and the smart contract code has been thoroughly audited by SolidProof.io – helping to increase the credibility of the project.Users who are interested in learning more about the project can subscribe to the official website Telegram group and keep it updated.
|Min Investment||1,000 TAMA (~$10 + gas)|
|maximum investment||Not applicable|
|Method of purchase||ETH, USDT, debit/credit card (via Transak)|
|Test sale ends||September 2, 2022|
|Pre-sale ends||Q4 2022|
How to Buy Tamadoge (TAMA)
Users can now decide whether to invest in the TAMA cryptocurrency. The following section provides a step-by-step analysis on how to buy Tamadoge today.
Step 1: Set up a crypto wallet
When looking for a place to buy Tamadoge, users need to download a crypto wallet.
MetaMask is one of them best crypto wallet Connect users with Tamadoge Beta pre-sale.
Users can go to MetaMask and click “Download”.
Step 2: Buy ETH or USDT
Users must purchase Tamadoge with ETH or USDT. Investors can head to the cryptocurrency exchange of their choice, buy ethereum or USDT and transfer the tokens back to their Metamask wallet.
Step 3: Link MetaMask to Tamadoge Presale Platform
The next step is to continue Tamadoge website and click “Buy”. Users can then click “Connect Wallet” and select their wallet provider to connect to the pre-sale platform.
Follow the instructions to link the wallet officially.
Step 4: Buy TAMA Tokens
The final step is to buy TAMA. Just enter the amount of TAMA you want to buy and select “Exchange ETH” or “Exchange USDT”. Users need to purchase at least 1,000 TAMA.
Finally, users can claim their TAMA tokens after the pre-sale ends. After the pre-sale period is over, click “Claim” on the Tamadoge website home page.
TAMA can also be purchased with a debit/credit card through the popular fiat entry Transak. This option will be available after connecting the MetaMask wallet.
This guide shows users how to buy TAMA – one of the best upcoming metaverse games and P2E projects. Tamadoge allows users to mint NFTs and earn cryptocurrency rewards through its metaverse platform, Tamaverse.