Tamadoge price is driven by a 5% burn on pet store transactions
TAMA price could be driven up significantly due to Tamadoge 5% burn rate on pet store transactions. Tamadoge is moving rapidly closer to its $12 million goal. The meme coin shows no signs of slowing down as it enters the beta phase of presale. At this point, it has reached its sixth largest landmark.
Tamadoge has had one of the best pre-sales of any game this year. However, one of the most talked-about ERC20 tokens, Tamadoge, takes an entirely different approach by combining meme money concepts with play-to-earn (P2E) gaming capabilities.
The mission of Tamadoge is simple: it aims to become the most popular meme money by capitalizing on the “Doge” trend. Those who invested in Dogecoin or Shiba Inu in 2020 will understand how their values rose due to the retail demand for these meme coins.
There was a twist to the doge aesthetics that Tamadoge brought with it. It offered a novel benefit rather than banking on market buzz or famous people endorsements, allowing users to play for real money.
The Tamadoge Pet is a non-fungible token that players can purchase. They’ll be able to nurture the young and eventually breed them. Players can train their puppies to fight other players’ pets in Player vs. Player or Player vs. Environment modes once they reach adulthood. Players can gain Dogepoints by participating in battles.
After each month, Tamadoge will sum up all of the Dogepoints and award the most points to players with TAMA. This innovative combination of AR play and earnings has the potential to revolutionize the gaming industry on the blockchain. As the cryptocurrency’s primary motivator, it rose rapidly throughout the presale’s early stages.
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Tamadoge price to rise on a 5% burn rate on pet store transactions
Even without the release of the Metaverse universe and the play-to-earn (P2E) game, the presale will raise the price of TAMA to $0.03. The Tamadoge store and NFT pets will be released during Q4 2022.
As a result, the price of TAMA is expected to rise as gamers stock up on tokens and the 5% burn rate on in-store sales begins to take effect, resulting in a shortage of TAMA. The tremendous amount of buzz surrounding the Tamadoge presale suggests that the release of the P2E game will also lead to a spike in player enthusiasm.
Therefore, towards the end of the year, it would be reasonable to expect Tamadoge to trade at a price of roughly $0.05. In contrast, a range from $0.03 to $0.06 is also feasible, depending on the state of the cryptocurrency market at the time.
Tamadoge to hit $12 million milestone
Following the lead of successful game projects like Axie Infinity and The Sandbox, Tamaverse aims to become a major player in the blockchain gaming ecosystem. Just over 70% of the presale allotment has been sold as of this writing.
Thus, there is only a limited time left for investors to purchase tokens at a discount ahead of the imminent debuts of LBank and Uniswap. The current price of a TAMA token is $0.0250. However, the price will rise by 10% to $0.0275 once the initial supply of 100 million has been depleted.
Nearly 70% of the available Tamadoge coins have been purchased during the ongoing presale, with roughly $11.7 million collected, which indicates a healthy market for TAMA.
Check out our guide on how and where to buy Tamadoge right now.