Tamadoge Price Rebounds 50%, Gains Support at Day One High
New trending crypto Tamadoge (TAMA) coin seems to have found a bottom in price around $0.05 after a volatile first 12 days of trading. The Tamadoge price rebounds 50% after dropping to $0.04 on October 7th.
Tamadoge Price Movement
Tamadoge was priced at $0.01 during its beta sale then up to $0.03 in stages during its main presale. Hitting its hard cap of 19 million USDT early, TAMA was then listed on OKX exchange and its DEX platform on September 27th at $0.03.
Following a retracement to $0.01683, Tamadoge then went on an over 10x bull run to its current all time high of $0.197 reached on October 4th.
After that some kind of correction was to be expected – the Tamadoge price dropped to $0.04 on October 7th, and when dip buyers stepped in Tamadoge then traded as high as $0.0604 on October 8th, a 50% bounce.
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The TAMA price is now consolidating around its day one high – $0.0567 – and TAMA is one of the ten most trending cryptocurrency assets on CoinGecko this week, alongside Terra Classic.
Tamadoge was also listed on Coinsbit and BKEX exchange this week, adding to its other recent listings on Bitmart, LBank, MEXC, and Uniswap the same day as its OKX listing.
The Tamadoge YouTube channel held an AMA session yesterday to discuss the TAMA price action and roadmap for the coming weeks.
The crypto game project also released its first NFT drop on October 6th, an auction of 100 Tamadoge Ultra Rare NFTs on OpenSea.
Despite its correction, Tamadoge has been one of the most successful new token presales this year, returning almost 20x gains for its early investors and now finding support approximately 60 – 80% higher than its listing price.
All investors participating in the presale and day one buyers on OKX exchange are taking profit, while Bitcoin has mostly traded sideways over the past two weeks, below $20,000.
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