Tamagochi is a classic handheld digital pet that has been a favorite for decades. This has been introduced with the launch of Tamadoge (TAMA) but with a twist. The new cryptocurrency combined the nostalgia and cuteness of Tamagotchi innovatively with the hilarious meme culture of Doge, which has resulted in an exciting and unique investment opportunity.
While DOGE, or Dogecoin, is the biggest among meme coins in market cap and has been really popular for years now. Tamagode is here, offering fresh takes on crypto and breaking ground.
What Is Tamadoge (TAMA)?
Tamadoge (TAMA) is a blockchain project for meme coins, the presale of which was launched in September 2022. The ecosystem it holds combines FT trending with virtual pets, where users collect tokens monitor the development, and also participate in battles with other players.
Tamadoge is a form of cryptocurrency that comes with a twist. It is specifically made to create and take care of the Tamadoge pet or various other Tamadoge pets, which can be used while participating in any Tamadoge arcade game.
The developers of this project intend to become the best meme coin and the “meme king” of the crypto industry. They are aspiring to bring concepts like metaverse, P2E, or play-to-earn blockchain gaming and NFTs together.
Tamadoge is the baby project of the Tamaverse project. It was born from a project where players can create, breed, interact, buy, and take care of the pets of the metaverse, and compete for crypto prizes.
Each of the fictitious pets from the metaverse is a non-fungible token that can be bought or sold, or exchanged in the NFT store. The native token of the platform, TAMA, powers the network. Any kind of transaction that happens in Tamaverse happens with $TAMA.
Tamagode, the play-to-earn name of the game, is kept in reference to the portable old-school toy, Tamagochi, which was a virtual pet created by Akihiro Yokoi From WiZ and from Bandai company; it was Aki Maita.
What Is It That Makes Tamagode Unique?
From the beginning of Tamagode, it has introduced its, Tamaverse, metaverse, and native NFT store. Their fast-growing community, as well as their interest in TAMA coins, gives their project some extra credit.
The whole world of Tamaverse revolves around Tamadooge pets, which got inspiration from Tamagochi, the digital game from the 90s, whose main motive is to take care of their virtual pets.
In Tamaverse, the members present compete with one another, communicate as well as makes purchases in the NFT store. Tamaverse has chosen the Play-to-Earn mechanism, where the players are rewarded with TAMA when they excel, and the prize fund is directly dependent on the trading volume of the tokens.
The winners get dogepoints and make their place on the monthly leaderboard. At month’s end, the active players, as well as the distinguished players, get rewards in the form of TAMA tokens.
The metaverse has many games and levels, which will only grow as the project further develops. All the Tamadoge pets can be bought, upgraded, sold, and traded and can also get on a competitive edge with the help of TAMA tokens, and that also without any transaction tax. The worth and cost of a pet depend on its state in the metaverse directly.
How Many TAMA Coins Are In Circulation?
The main execution of TAMA tokens is done to fuel Tamadoge pets and Tamaverse. The ecosystem is powered by TAMA, and it allows the users to raise, breed, create, trade, and battle digital pets.
Tamadoge (TAMA) is hosted by the blockchain Ethereum. TAMA is mostly based on ERC-20, and it has a supply of 2 billion coins and is distributed in the following way:
- Presale – 50%
- 10-year unlock – 30%
- Exchange pool – 20%
The tokens have a reduced supply, but their exposure is always increasing. When you purchase from the online Tamadoge platform, the network charges 5%. Then they burn the token to prevent the dropping of the price. This is the simple theory of supply and demand; they create a scarcity to increase the price of the tokens.
30% of commissions go to marketing and development, along with fees to build the prize pool. Any other transactions that happen through the network, including token transfers, do not charge any kind of tax.
This is a project that is built around a Play-to-Earn (P2E) formula, which rewards active players with additional TAMA tokens. Tamadoge (TAMA) is a deflationary cryptocurrency that is helping users fight for the leading ranks on the leaderboard.
How Is The Network Secured?
TAMA is posted as an ERC-20 token, which follows a standard that relies on a consensus mechanism known as Proof-of-Stake (PoS). the contract code it has was audited by Solid Proof successfully; it is a reliable blockchain company from Germany that specializes in protecting the market participants with its fresh security solutions.
Tamadoge Price Prediction
Tamadoge (TAMA), the crypto token, experienced a steep pullback in April. In spite of that, the tamadoge coin price or the tamadoge crypto price prediction remains upbeat. TAMA was seen changing hands at around $0.024, which is almost 35% below the recent highs ranging around the $0.037 area.
The TAMA technicals are still looking good, even after their recent pullback. If they can clear highs in the $0.04 area, that will be a big push toward the token’s record of $0.20.this would mark their gains in 8x excess from the current levels. This would make TAMA’s market cap rise to almost the 200 million dollar mark.
Even if they did hit the mark, then it would still back 2% of Dogecin’s market cap, which is around $10.8 billion. If Tamadoge could get 5% of the current market cap of Dogecoin, that would mean their market cap would be over 500 million dollars, and the tamadoge coin price would be around $0.5, which is a 20x jump from the current levels.
The current circulating supply of Tamadoge is 1.39 billion TAMA out of the maximum supply of 2.00 billion TAMA. If we think in terms of market cap, Tamadoge is ranked at #275 in the meme coin field.
It is possible to buy Tamadoge (TAMA) on DeepCoin, XT.COM, HotBit, LBank, Bitget, BitMark, and many other platforms. Tamadoge reached its highest price in October 2022, at $0.192675, while it saw its lowest price on April 3, 2023, when it landed at $0.010175.