Tamadoge (TAMA), the crypto token that powers the Shiba Inu-dog-themed gaming-focused Tamaverse web3 ecosystem, is pumping and worth predictions are getting extra bullish.
TAMA/USD was final altering palms shut to $0.03 per token, over 16% up on the day and up over 50% since yesterday’s bounce from its 200-Day Moving Average close to $0.019.
Tamadoge has been pumping in the previous few weeks on hype surrounding a significant upcoming high 5 cryptocurrency change itemizing.
In lower than sooner or later, TAMA can be listed on ByBit.
Potential patrons of TAMA on ByBit ought to word that at this time (the twenty sixth), ByBit is operating a Deposit-to-Earn giveaway the place customers can deposit 3,500 TAMA tokens and get a further 500.
ByBit may even be operating a Trade-to-Earn promotion on the twenty seventh.
The ByBit itemizing seems set to be simply the primary of a sequence of listings throughout main high 5 cryptocurrency exchanges.
Indeed, the Tamadoge group on Tuesday informed buyers to “stay tuned for more exciting updates” by way of Twitter, earlier than teasing that the following itemizing could possibly be on Binance, Coinbase, Kraken or KuCoin.
While buying and selling situations are seemingly to stay uneven, the outlook for TAMA is trying up.
As extra main exchanges record the token, it will give Tamadoge a big free advertising and marketing/promotional push, whereas making funding simpler for a a lot wider viewers of potential patrons.
Meanwhile, the Tamadoge group continues to pump out ecosystem upgrades and fill out “Tama Island”.
For occasion, there at the moment are 5 Tamadoge Arcade video games, which customers can compete in utilizing their Tamadoge NFTs and earn TAMA rewards.
Price Prediction – Where Next for Tamadoge (TAMA)?
TAMA is making strong progress again in the direction of the multi-month highs it posted within the $0.038 space earlier this month.
If it could get above right here and above the late-October 2022 highs slightly below $0.040, then that would open the door to a melt-up greater in the direction of the all-time highs close to $0.20 posted shortly after Tamadoge’s preliminary itemizing again in early October 2022.
That might imply close to 7x good points from present ranges, and would see TAMA’s market cap rising to across the $200 million mark.
That’s not an inconceivable market cap for Tamadoge provided that builders proceed making strong progress on delivering on the roadmap and that Tamadoge’s video games proceed attracting new gamers.
In reality, Tamadoge has extra lively customers than Decentraland and The Sandbox mixed, in accordance to DappRadar information.
If Tamadoge did hit a $200 million market cap, that might nonetheless be lower than 2% of Dogecoin’s market cap of round $10.8 billion.
And many observers suppose TAMA has much more utility, thanks to the truth that, in contrast to Dogecoin, it powers a quickly rising gaming web3 ecosystem.
Say Tamadoge was in a position to get to 5% of Dogecoin’s present market cap of $10.8 billion.
That would suggest a market cap of over $500 million, which means a token worth (given present provide of simply over 1 billion tokens) of round $0.5.
That’s a greater than 15x leap from present ranges.
For buyers trying to get in on a low cap gem that has a number of upside potential, TAMA could possibly be a very good wager.
Buy Tamadoge Now
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