New Memecoin Tamadoge surges 300% in a week

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Last Updated on 3 October 2022 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Even though September was bad for stocks and crypto, it’s not all doom and gloom. As we already reported in August, the end of September proved to be time for a new memecoin on the crypto market that is getting a lot of attention.

Tamadoge (TAMA) is not the same as Dogecoin or Shiba Inu as the makers claim that there is a project behind this one. In one week it went many hundreds of percentages higher.

Advertentie.

Play-to-earn

It is a play-to-earn project where gamers can breed and train animals and then earn points. The idea is similar to the Tamagochis from the 90s, a decade that is very trendy right now. In those days you had to look after a digital animal on a small gaming device. The Japanese game producer Bandai released it in 1996 and it became one of the biggest hypes of the 90s with millions of users.

The team behind Tamadoge has clearly developed a large community on social media and gets a lot of attention as a result, so you will see the coin drop by from time to time on Twitter for sure. They have also applied for a listing on Binance, the largest crypto platform in the world. Crypto exchange OKX listed the coin last week and it’s already available for trading on the USDT pair.

Please note, as we also reported in August, that this is a new memecoin and is therefore very volatile. According to research by gopluslabs, Tamadoge’s code allows an unlimited number of tokens to be printed and one user already owns 27% of all of them, so he can collapse the price.

As always DYOR (do your own research).