If you are looking at the direction that the money is going in the crypto market, it is always a good idea to take a look at the major whales, the investors who pay a lot of money to stack crypto they like. While Dogecoin was the no.1 meme coin that the whales preferred, it seems like their interest is now directed towards buying TAMA – the new token in town that is attracting everyone’s attention these days. In this article, we will do our best to give you the answer you need!
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Why is Tamadoge attracting the attention of whales in 2022?
There is never just one reason why the whales decide to change course and choose another coin to invest in instead of the ones they could swear in. This is why we have made a list of the five things that could affect their decision:
- Zero transaction tax
- Investment with great potential
- Deflationary token
- Affordable price
- Transparent roadmap
Let’s explain every reason, so you can understand better how the market moves and what makes the Dogecoin whales turn their attention towards Tamadoge (TAMA).Â
- Zero transaction tax
Taxes are a big issue when it comes to the transactions in the crypto world, this is why we have put this in the number one place. People who invest large sums of money want to direct as much as possible to the coins and not lose lots of it on transaction tax. When it comes to the TAMA tokens, you will not have to pay any tax whether you buy, trade, or sell the tokens. The developers behind the Tamadoge ecosystem created it in such a way that the platform and the way it works will generate revenue instead of taking from the investors, which is certainly a huge plus.Â
- Investment with great potential
Coins tend to have a weak spot, and that is their stability in the long run. When we look at Ethereum and Bitcoin, we can easily see that even though their price changes, there is always potential in the long run. On the other hand, meme coins don’t have the same stability, which is why people tend to avoid them.Â
TAMA tokens have something that other meme coins don’t, and that is utility. It is the token that will be used for navigating through Tamaverse, a play-to-earn ecosystem where the players will be able to enjoy and have fun playing but also get generous rewards for it. The players will get a chance to buy Tamadoge pets that are actually NFT avatars that can, later on, be sold or traded on the market. The players will nurture them and then fight the other pets in order to gather as much as Dogepoints as possible. The amount of Dogepoints will mean different positions on the leader board, which will ultimately determine the best player who will get the best reward thanks to the funnel to the Tamadoge system.Â
In addition, TAMA tokens will be a payment method for buying NFTs on the platform’s store. All of this converts into the long-term utility and great potential of the token that the whales want to see. The Tamadoge project occurs in stages, so we can also expect that TAMA will be listed on the crypto exchanges, which will probably result in a price rise in the near future.Â
- Deflationary token
When it comes to meme coins, the number of coins available sets the price down the line. If we look at the number of Shiba Inu and Doge coins, we can clearly see that the number increased over time to respond to the demand.Â
On the other hand, there are in total 2 billion TAMA tokens, and the number will decrease over time by being burned. For now, there is a plan to burn 5% of the complete supply of TAMA tokens which will lead to greater demand and price increase. The increase in price means that the investors will have greater returns, and this is why the whales want a piece of this cake for themselves.Â
- Affordable price
TAMA token was launched on July 25th, and this is when the beta presale officially started. During that phase, for 1USDT, the buyers could get 100 TAMA tokens. When the following stage started, for 1USDT, the buyers could get 57.14 TAMA tokens. After that, the next phase started. It is the current phase, and the investors can get 50 TAMA tokens for the same amount. When this stage is over, the price will rise again until it hits $0.03. With such a great price and a transparent plan, it’s no wonder that so many whales are piling up their TAMA coins. At the moment of writing, Tamadoge raised $7,170,344.4, and everyone who wants to invest is in a hurry to get as many coins as possible before the price of the TAMA token rises again. Â
- Transparent roadmap
So far, meme coins were mainly considered to be a fun part of the crypto market and relied heavily on the hype created around them. Tamadoge project seems to be one of the first ones that offer many details to future investors who now know what to expect in the next phase. In the era of many rug-pulls, having a transparent ecosystem can be truly considered a blessing. The plan is to have TAMA listed on LBank and UniSwap once the presale ends.Â
Besides having plans regarding the play to earn system, Tamadoge is going to take the next step in offering an even better experience to the players by having plans regarding the Augmented Reality app. It is expected to be released in Q4 (fourth quarter) of 2022. This will give the players a chance to have their pet close to them and feel like it is alive. Besides, that will also be a chance to secure more Dogepoints since there will be a minimal chance that you will forget your pet and that it will become Tamaghost. All in all, lots of things to look forward to.Â
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What makes the Tamadoge ecosystem so interesting?
Tamadoge ecosystem revolves around the pets that the players will care for and use TAMA tokens to buy items from the store to personalize them. Along the way, players will gather Dogepoints that will make the players eligible for getting monthly prizes out of the pool.Â
During this initial presale phase, half of the entire token supply will be available, while 20% is reserved for the listings on both decentralized and centralized exchanges. The interest in it is enormous, and the community is growing steadily. The new investors can join others on Telegram and Twitter, which gives a special feel to it and contributes to the overall success.Â
Unlike other meme coins, TAMA ’s success doesn’t rely on the hype that influential people like Elon Musk create but instead puts its utility in the focus that attracts the investors to come and invest.Â
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How to buy TAMA tokens?Â
If you want to join Dogecoin whales and have a bite of this cake, then you will need to follow a few simple steps:
Step 1 – Set Up a Crypto Wallet
Those looking to buy Tamadoge crypto must first set up a crypto wallet. Many of the best crypto wallets are free and easy to use, although we recommend using MetaMask, due to its multi-chain support.
Head to the MetaMask website, click ‘Download’, and follow the on-screen instructions to set up the wallet.
Step 2 – Purchase ETH or USDT
Once you have purchased ETH or USDT, make sure to transfer your holdings into your new crypto wallet.
Step 3 – Link Wallet to Tamadoge Presale Platform
Head over to Tamadoge’s website and click ‘Buy’. On the following page, click ‘Connect Wallet’, choose your wallet provider, and follow the instructions to make the link.
Step 4 – Buy Tamadoge
Enter the amount of Tamadoge tokens you’d like to purchase (minimum 10,000) and click ‘Convert ETH’ or ‘Convert USDT’, depending on which currency you hold. A pop-up will then appear, asking you to confirm the transaction.
Step 5 – Claim Tamadoge Tokens
The final step is to claim your TAMA coins. You can do this once the presale has concluded by clicking ‘Claim’ on the Tamadoge website’s homepage.
You will be done before you know it since it is so simple and easy.Â
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Conclusion
Having a new meme coin on the market surely brings in some new energy that everyone wants to feel. With the Bitcoin price drop and the waves it caused, it seems like people are ready for something different. Tamadoge ecosystem blends the things we know with the things we are excited to explore, such as Metaverse, known as Tamaverse in this case. It seems to be a great recipe for success and a reason why it is the central focus of Dogecoin whales.Â
