5 Reasons to Be Bearish on Shiba Inu Price and Bullish on Tamadoge

5 Reasons to Be Bearish on Shiba Inu Price and Bullish on Tamadoge 1

Last Updated on 46 mins by cryptoevent

The crypto market spans multiple ecosystems. One of the most powerful is the meme subsector. The meme space made up of parody coins has since surpassed the $10 billion market valuation, largely due to the rise of the first hoax cryptocurrency, Dogecoin.

The Shiba Inu coin was launched in mid-2020 as a direct competitor to the Dogecoin project. Shiba Inu was launched on the Ethereum network and billed itself as the Dogecoin killer. A report surfaced that Shiba Inu’s anonymous developer said the meme coin would replace the older digital joke.

The project has released many updates including ShibaSwap and a non-fungible token (NFT) game called Shiboshi NFTs. However, a fast-growing meme coin called Tamadoge is taking the industry by storm.

TamadogeHere are a few reasons why Tamadoge could be the next big thing in the crypto and meme world:

1. Tokenomics

One of the first things that determines the future value of an asset is how many of the tokens are in circulation. In the case of the Shiba Inu coin, the dogecoin killer reportedly has a current token allocation of 590 trillion and a total supply of 1 quadrillion. This makes the token inflationary by design as there is too much of the asset on the market resulting in little purchasing power.

Meanwhile, the Tamadoge token is a deflationary cryptocurrency. The meme coin will have a maximum cap of 2 billion from the start, and about 5% of every executed transaction will be permanently deleted by the burning mechanism. 30% of the tokens issued will be used for marketing and development, while 65% will be added to the prize pool. Also, from the tokens, about 30% of the total tokens will be unlocked over the next ten years and used to fund the project.

2. Tamaverse

The metaverse is no longer a buzzword. Several leading legacy technology companies are already exploring the space. Although virtual reality has been a far-off concept over the past decade, blockchain technology and cryptocurrencies have accelerated its development.

TamadogeThe Tamadoge project will feature a virtual reality space called the Tamaverse. Here, owners of upcoming Tamadoge NFTs can interact with each other and allow their digital pets to connect with others. Tamaverse will provide a virtual cocoon in which Tamadoge NFTs can be integrated into existing Metaverse environments.

3. Mobile Functionality

Not content with just a Metaverse option, the Tamadoge team will also be launching a standalone mobile app called the Tamadoge Augmented Reality (AR) App. To make it easier for users to interact with their Tamadoge digital pets, the mobile experience will allow users to buy, feed, groom, and fight other Tamadoge NFTs.

The app not only serves as a bonding platform for owners and their pets, but is also packed with social features and rewards that allow for an immersive social experience.

4. Gameplay

The platform will also feature an Axie Infinity-style Tamadoge battle arena. Here Tamadoge pets fight for experience points. The highest earner will be the top Doge on the Tamadoge leaderboard for that week.

TamadogeAdditionally, the winner will receive the Play-to-Earn (P2E) Pool Set rewards for the week.

5. Anti rug pull

The crypto space is full of scam projects where anonymous founders steal users’ funds once the pre-sale is over. With this in mind, real projects and the best crypto presales are usually verified on the CoinSniper platform. Tamadoge has too closed the CoinSniper Know-Your-Customer (KYC) verification process.

TamadogeAlso Tamadoge has checked its smart contracts on the Solid Proof platform to show they are hack-proof.

Conclusion – 5 reasons to be bearish on Shiba Inu Price and bullish on Tamadoge

Shiba Inu took the world by storm when he skyrocketed by 21,000% in less than two weeks. Tamadoge is expected to hit even more phenomenal metrics once the presale is complete. To buy Tamadoge, investors can simply visit the official website and tap the buy icon.

After tapping the icon:

  • Connect a Metamask wallet,
  • Load the wallet with either ETH or USDT and
  • Trade either ETH or USDT for TAMA. The minimum investment is $15 and the minimum purchase amount is 1,000 TAMA tokens.
  • Once the pre-sale is over, visit the website in a month and tap on the “Claim” button.

Similar news

  • Latest Meme Coin Tamadoge Launches Beta Presale – Next Dogecoin?
  • Is CryptoKitties Dead – The Newest NFT Pets Game Tamadoge
  • How to buy a coin before it hits the market

Tamadoge (TAMA) – The next big meme coin

Our rating

  • Beta Sale Ends September 2022 – tamadoge.io
  • Deflationary, low supply – 2 billion
  • Go to Earn, Metaverse Integration on the roadmap
  • NFT Doge Pets – Potential for mass adoption
  • Play to Earn Utility – Rewards Tokens

learn more

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