Dogecoin and Shiba Inu are the most famous and most traded coins in the world. They were initially launched as a joke, but over time both reached the top 15 cryptos by market capitalization. Elon Musk has played an important role in the growth of meme tokens. He mentioned the two cryptos on his Twitter account, which led to a huge increase in daily trading volumes and value.
Dogecoin is currently ranked 10th, while Shiba Inu is the 12th highest ranked crypto in the markets. They held their spot for a long time, but both tokens will soon lose their top spot due to a lack of utility and a new meme coin project called Tamadoge.
SHIB and DOGE lose their first places
SHIB and DOGE are rare tokens that have seen growth over the past week or two. Bitcoin, Ethereum, and many other altcoins are falling, while meme coins are steadily rising. Both meme tokens are still considered suitable investments, but they will likely soon lose their position among the major cryptocurrencies in the markets.
The lack of utility and functionality is slowing the growth of meme coins and threatening to bankrupt both projects. For example, Polkadot is only $600 million behind DOGE in total market capitalization. However, unlike DOGE, Polkadot’s DOT token has much better utility. It is widely accepted as a payment option in many Polkadot projects, and many more are in development. Dogecoin reached the top 10 cryptos after Elon Musk accepted the token as payment for his businesses. It may have worked a few years ago, but not anymore.
Shiba Inu are also going through massive changes right now. The meme coin project is doing everything possible to increase token usage. Shiba Inu is currently working on its own metaverse called Shibaverse and a native token exchange called ShibaSwap. However, until these new features become available, SHIB will likely lose its place to the DAI or Polygon blockchain. DAI could increase capitalization as investors diversify their funds into smaller altcoins, and Polygon has been adopted by Disney for all future dApp and blockchain building projects.
These issues put pressure on the world’s most popular coins, but that’s not all. There’s another draft meme piece about to go live in the next few months. The project is called Tamadoge and will likely become the new King of Memes upon release.
Tamadoge – The new king of memes
There are a ton of meme coins in the markets, but they all share one common characteristic: poor token usage. Well, the latest meme coins project, Tamadoge, aims to change that forever. Tamadoge is the first meme coin project set in a metaverse, with advanced features such as an integrated NFT store, redeemable NFT pets, and Play-to-Earn mechanics.
The platform’s native token, called TAMA, is used for all transactions within the Tamaverse. Its supply is decreasing, as 5% of all used tokens will be burned at the end of each month. In other words, the starting 2 billion tokens will start burning from day one, which will help increase the value of the tokens. One billion tokens are available for presale, while the rest are locked to provide liquidity.
Tamadoge is built around game mechanics to win, and as players win games and complete challenges, they earn Dogepoints. Players with the most points at the end of each month receive TAMA Coins as a reward. 65% of all TAMA tokens used in the Tamaverse are sent to the prize pool and redistributed to token holders. As you can see, Tamadoge aims to raise the bar for all other meme coins on the market by embracing modern blockchain features and taking the usefulness of meme coins to a whole new level.
Tamadoge Token Presale
The TAMA token presale is still active until September 2. It was supposed to be open until mid-October, but it’s going much better than expected. Tamadoge has already hit the $2 million mark, but interest continues to grow steadily. The tokens are currently available for $0.03 and will increase in price for every 100 million tokens sold.
You can still get TAMA tokens at a discount, and if you invest at least $100, you can participate in the $100,000 TAMA giveaway. TAMA tokens will likely gain at least 25% on release day, but most experts expect to see gains of 100x or more once the project goes live.
How to buy TAMA?
Although the pre-sale of Tamadoge has only recently started, investors around the world have already done their part to capitalize on this incredible investment opportunity.
Check out this guide if you want to become part of the Tamadoge community and potentially get rich by investing in Tamadoge. The step-by-step guide will explain each process in detail, so be sure to read it carefully.
Once you have completed all the steps, you will be the proud owner of your first Tamadoge Token.
Step 1 – Create a crypto wallet
If you don’t already have one, you must first create a crypto wallet to buy Tamadoge.
Most wallets are simple to create and completely free. That said, we recommend using MetaMask as it includes support for multiple strings.
Go to MetaMask official website, tap “Download” and follow the instructions to set it up.
Step 2 – Buy ETH/USDT
You can buy TAMA coins only through Ethereum (ETH) or Tether (USDT). Both of these cryptos can be acquired through the leading crypto exchange platform.
However, you also have the option to buy ETH directly by credit/debit card on the official Tamadoge presale platform.
After buying ETH/USDT, transfer the tokens to your crypto wallet.
Step 3 – Connect Crypto Wallet with Tamadoge Presale Platform
Go to the official Tamadoge website and press “Buy”.
Next, click on “Connect Wallet” and choose your wallet provider. You will see a bunch of instructions appear; follow them to complete the login process.
Step 4 – Buy Tamadoge
Type in the exact amount of TAMA coins you want to buy (minimum is 10,000) and press “Convert ETH” or “Convert USDT”.
Check the information you entered and confirm the transaction if everything is correct.
Step 5 – Claim Tokens
Finally, all you have to do is claim the Tamadoge tokens.
But, you should know that the “Claim” option will only be available after the presale is over.