Tamadoge the New Meme Giant of 2022?

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Avatar for LukeB_
Written by
1 year ago
Topics: Crypto, Investing

Everyone who paid at least some attention to the current world of crypto or even simply watched some ads has probably already heard about Tamadoge, the newly hyped pre-sale of the past few weeks.

But what exactly is this new token that riled up investors and crypto enthusiasts by storm?

To put it simply, Tamadoge or TAMA is a memecoin similar to Dogecoin and Shiba Inu but with a particular factor that makes it different from its predecessors - utility.

Yes, this token can actually be used and gain value by other means than waiting painlessly for a ground–breaking Elon tweet that takes it to the moon. The Tamadoge project integrates with the metaverse and strives for a P2E-game that focuses on raising tamadoge pets, similar to other pet raising games in the past. These tamadogs are part of an NFT collection that can be bred, trained and ultimately made to fight each other. 

The TAMA tokens can be used to do in-game purchases and carry out transactions like buying NFTs. It is basically the native currency. 

Now, the question that remains is whether investing in TAMA is actually profitable?

Regarding that, I can only say that I have no idea. To begin with, Tamadoge is a memecoin that relies on community and hype to actually rise to the sky. We started out with a smiling dog and then moved on to a fox. Now, Tamadoge wants to go back to dogs again. 

Truth be told, this development itself makes me rather skeptical. It’s like we go backwards to an idea that was already implemented before and try to copy the past success. The thought of that makes my skin itch. But hey, who knows if this might be exactly what people want?

After all, why make a new movie if you can just make a sequel?

TAMA has utility, a factor that makes it more resilient and promising than other memecoins before. The pre-sale already passed $10.5 million and is almost sold out. This certainly shows the hype that the coin brings to the world. Yet, this might actually be a bad thing. 

Warren Buffet once proclaimed the famous statement: “Be fearful when others are greedy and be greedy when others are fearful.” And this is exactly that…at least for me. 

It's true that pre-sales often give the most profit in a new project but considering the sheer hype Tamadoge produced over the last few months, I can only take a step back. 

Taking my experiences into account, if something is too good to be true then it is most likely a lie… perhaps.

Conclusion

Tamadoge is the memecoin of summer 2022. Some people love it, some people hate it, but one thing is for certain - the hype is real. Nobody can tell if it's gonna be a success or a total flop but in the end, we only can take our chances and see where it goes. 

My recommendation: If you have money to spare that you can bear to part with for eternity, try it out if you’re interested in the project. Maybe you get something nice out of it… or not. 

Whatever the case, do your research and stick to your plan!


Join Rollercoin and build your mining farm!


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Avatar for LukeB_
Written by
1 year ago
Topics: Crypto, Investing

Comments

keep seeing TamaDoge everywhere now!

$ 0.00
1 year ago

Yeah, the excessive hype kind of makes me think twice about whether it actually deserves it.

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1 year ago