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Tamadoge (TAMA) will checklist on OKX exchange Sept 27 at 11:00 UTC and goals to mix the attraction to buyers of meme cash like SHIB and DOGE with a P2E sport, incorporating metaverse and transfer to earn mechanics. Is the most effective new coin itemizing to look at this week?
New crypto TAMA is the in-game forex and rewards token of the Tamadoge battle app, used to mint digital pets tokenized as NFTs and earnt by gamers in its ecosystem. This week Capital.com reviewed the Tamadoge project – one other indicator its preliminary trade providing (IEO) might carry out effectively.
OKX New Coin Itemizing Announcement – Tamadoge
Subsequent GMT
Tamadoge raised 19 million USDT in its token presale in below two months, from July 25 – Sep 18, attracting a excessive degree of investor curiosity regardless of crypto costs trending down – Bitcoin and Ethereum are nonetheless buying and selling below $20,000 and $1,500 this week.
That top demand eclipsed most crypto presales, personal gross sales or preliminary coin choices (ICOs) of 2021 or 2022 – for instance the STEPN (GMT) token sale raised just $9.2 million, which included funding from crypto VCs comparable to Binance Labs, Alameda Analysis, Sequoia Capital and different huge names.
Coverage in CNBC on the 15 million USDT level might also have helped push the brand new crypto token’s seed spherical funding over the end line a month sooner than deliberate on the Tamadoge roadmap. Yahoo Finance additionally highlighted TAMA as early as its beta sale.
Throughout crypto information media, Tamadoge has made headlines in BeInCrypto, Bitcoinist, NewsBTC, The Cryptonomist, ZyCrypto, and others – TAMA combines the most well-liked sectors of cryptocurrency as a play to earn crypto asset, a meme coin and having upcoming metaverse and move to earn features.
GMT at its peak hit a $2.5 billion stay market cap – topping out at $4.18 with a circulating provide of 600 million (10% of its complete provide, 6 billion). Its ICO value was $0.64, and its bull run passed off whereas the Bitcoin value was in a downtrend – early March to late April 2022.
Tamadoge will launch with a 1 billion circulating provide (50% of its complete provide of two billion), at a list value of $0.03 – an preliminary market cap of $30 million. Attaining the identical market capitalization STEPN reached eight weeks from its launch would imply a TAMA value goal of $2.50, an 83.3x achieve.
Right now since its correction GMT has a market cap of simply over $380 million – which TAMA would hit at $0.38 per token, a 12.6x achieve from its itemizing.
In contrast to GMT, TAMA is deflationary with an in-built token burn on Tamadoge retailer transactions – when gamers improve their Tamadoge NFT pets with equipment, or purchase pet food. Having a better proportion of its token provide unlocked at its IEO might additionally assist help the worth.
Tamadoge additionally has no costly barrier to entry like STEPN – in its M2E crypto sport, gamers have been required to purchase NFT sneakers. The explosive bull cycle of GMT passed off throughout a time interval during which NFT sneakers had a flooring value of round 12 Solana (SOL) – a testomony to how well-liked apps that pay customers in crypto are.
Subsequent Shiba Inu
Shiba Inu initially dumped after its Binance itemizing (Might 2021, and its Coinbase itemizing was in January) and hit a low of 0.00000510 USDT 4 months later in September
It then exploded 17.3x to 0.00008854, largely based mostly on hype and FOMO – since then it has retraced most of its bull run, now buying and selling barely over 0.00001. At press time the Shiba Inu value is up, nevertheless its market construction remains to be bearish – printing decrease highs and decrease lows.
Even after its roughly 90% correction from the highest, Shiba Inu has a market cap of $6.4 billion right this moment and absolutely diluted valuation (FDV) of nearer to $7 billion. All with little utility or incentive to carry SHIB.
Tamadoge might probably be the subsequent cryptocurrency to blow up with its Doge aesthetics and extra concrete use case, being the native forex of a play to earn crypto sport – one thing Shiba Inu is starting to discover with the latest launch of its Shiba Eternity P2E sport.
Subsequent Dogecoin
The Dogecoin value is up right this moment by 10% – however on the time of writing its $0.06 – $0.07 value vary is an nearly 92% retracement from its all time excessive of $0.74 hit in Might 2021 simply earlier than Elon Musk appeared on Saturday Evening Reside.
Since launch, the Dogecoin complete provide elevated from 100 billion to nearly 133 billion – DOGE is an inflationary asset with an infinite provide (no most provide). That side of its tokenomics could have contributed to its correction over the past 17 months.
Terra Traditional (LUNC) dominating the crypto information headlines in latest weeks for turning into a deflationary asset – the LUNC Burn is once more within the information this week, lined on the Binance weblog – could have raised consciousness for a lot of buyers that deflationary cryptocurrency cash are a greater funding.
Tamadoge might probably carry out effectively each after its preliminary trade itemizing and in the long run, resulting from its deflationary tokenomics.
Crypto buyers additionally more and more search for new altcoin tasks with doxxed groups. The Tamadoge builders and founders are public, slightly than remaining nameless – typically a pink flag and an indication of a possible rip-off or rug pull.
In addition to that transparency, Tamadoge accomplished a Solid Proof audit, CoinSniper KYC verification and has partnered with fiat funds gateway Transak.
Finest New Crypto Itemizing on OKX – Pre Register to Purchase Tamadoge
Tamadoge having its IEO on OKX – with extra crypto trade listings to observe – is one other potential bullish catalyst for TAMA being the most effective new crypto coin to spend money on.
OKX has an trade rating of 6.1 on CoinMarketCap and a inexperienced score – which CMC solely awards to 21 high tier crypto exchanges.
That trade platform rating relies on quite a lot of metrics together with how reliable and protected an trade is, its every day buying and selling quantity ($1.6 billion up to now 24 hours for OKX), and variety of cryptocurrencies listed.
Different huge names like Bitmex, Delta trade, Phemex, Bittrex, Poloniex and Bitmart all have a decrease rating and orange score on CMC.
The video above posted to the Tamadoge YouTube channel explains the right way to purchase Tamadoge when it’s listed – OKX additionally has a separate DEX for these unable to make use of its CEX.
Tamadoge may also have its preliminary DEX providing (IDO) on OKX the identical day six hours after the CEX itemizing (11:00 UTC) at 17:00 UTC.
In addition to Tamadoge probably being the most effective new coin itemizing this month, new OKX signups have an opportunity to win a thriller field valued at $10,000.
