Contemporary from its itemizing on OKX, the value of Tamadoge (TAMA) has elevated by 5% prior to now 24 hours. At $0.02315130, the brand new altcoin has additionally risen by a powerful 22% since dropping to $0.01937309 earlier this morning, pushed by the information that it has utilized to checklist on Binance.
Having raised $19 million from its presale, TAMA is arguably probably the most thrilling new cryptocurrencies available on the market, with the meme token additionally amassing over 70,000 followers on Twitter since opening an account in July. Such momentum helped it earn a list with OKX, and with its software to Binance submitted yesterday, it could solely be a matter of time earlier than it experiences one other important rally.
Why Tamadoge is the Greatest New Crypto Coin Itemizing This Week
Throughout its presale, individuals might purchase TAMA at a reduced worth of $0.01. Because of this the earliest adopters are presently sitting on a 131.5% achieve, made in a matter of weeks.
TAMA gained its first centralized change itemizing on September 27, when it went reside on OKX (the fourth-biggest change by quantity, according to CoinGecko). It reached its present all-time excessive of $0.02602167 a day later, and whereas the preliminary frenzy of pleasure has subsided prior to now couple of days, it has picked up once more this morning.
It is because merchants are waking as much as the information that Tamadoge has utilized for TAMA to be listed on Binance, the world’s greatest change by buying and selling quantity. Evidently, such a list could be large for such a brand new altcoin, and anticipation of the applying being accepted has resulted in a flurry of shopping for this morning.
In fact, there is no certainty of Binance really itemizing the coin, however with OKX already doing so, and with TAMA having had a extremely profitable presale, there’s an excellent probability. Certainly, Binance already has a how-to-buy page on TAMA, so evidently the meme token has been on the change’s radar for some time but.
A Binance itemizing would add to what’s already some extremely encouraging momentum for what’s such a younger cryptocurrency. For example, quickly after CoinMarketCap started monitoring TAMA’s worth, the altcoin turned the fourth most-trending cryptocurrency on the value aggregator web site.
Likewise, it has been highlighted as among the many “most bullish” meme tokens by such analyst accounts as Crypto Insights, offering additional proof of the pace with which it has reached a important mass of momentum.
A Meme Token with Fundamentals
Whereas TAMA is nominally a ‘meme token,’ its native Tamadoge platform is shaping as much as be an attention-grabbing play-to-earn gaming metaverse.
Operating on Ethereum, it should allow gamers to breed, prepare, battle with, and commerce NFT-based Tamadoge pets, making it a blockchain-based cross between Pokémon and Tamagotchi (and Dogecoin, in fact).
In line with its roadmap, it should launch its NFT Petstore and allow battling by the tip of this yr earlier than increasing to further arcade video games and an augmented reality-based app subsequent yr.
In the end, it is due to its bold ecosystem that TAMA has managed to draw so many converts already. And whereas it is nonetheless very early in its life, its current worth motion and success in attracting listings bodes effectively for its future.