The recent bearish market in the cryptocurrency sector has caused a stir among investors and crypto enthusiasts, but there is one meme coin that remains unfazed: Tamadoge.
The $TAMA coin has managed to make it to CoinGecko’s weekly crypto gainers list, despite being launched only last year in 2022. Speculators believe the pump is due to the expected announcement of its listing on a tier-1 exchange sometime this weekend.
The Play-to-Earn Meme Coin that is Taking the Industry by Storm
Meme coins have had a long history, with Dogecoin being the first of its kind. All of them offered fun and a vibrant social community, but with little real-world utility. Shiba Inu attempted to address this issue, but with little success.
Tamadoge is different. It is a deflationary meme coin with a 10 billion total token supply cap. It is also a play-to-earn (P2E) gaming platform built on the blockchain, rewarding users with its native token, $TAMA, for interfaces with its various games. Moreover, it also has a Metaverse feature, where users can use NFTs as digital avatars to socialize and collaborate in the Tamadoge virtual realm.
This new approach to gaming provides users with an opportunity to be rewarded for their skills, as well as an immersive and engaging experience.
TAMA’s Bullish Uptrend Despite the Bearish Market
At the time of writing, the $TAMA token is trading at $0.03052, with a 14.63% uptrend in the past 24 hours. The meme coin hit its all time high (ATH) in October 2022 following its launch price surge in September of the same year.
The 24-hour volume of the token is currently $7 million, with the 50-day Moving Average (MA) at 0.0139 and the 200-day Moving Average standing at 0.019618. The Relative Strength Index (RSI) oscillator is at 75.70, while the Moving Average Convergence Divergence (MACD) shows a clear buy signal.
Tamadoge’s Fundamentals and Listing on Tier-1 Exchange
The gains of Tamadoge ($TAMA) have been attributed to its listing on a tier-1 exchange. Benefits from this listing include more visibility, trust and credibility, better security, price stability, and opportunities for growth.
The meme coin is currently listed on 15 exchanges, with OKX ranking 6th on the list of the largest cryptocurrency exchanges worldwide. The listing could be on any of the top 5 exchanges, including Binance, Coinbase, Bybit, Kraken, or others.
The Tamadoge project also recently released five new games, as well as being named the top blockchain game by user ranking.
So, how can new investors buy into the project before its tier-1 exchange listing? Users can buy TAMA token on exchanges like OKX or visit the Tamadoge website.
Buy TAMA Now
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.