Here’s why this new crypto managed to raise 14 million euros in presale

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Although they were widely considered a joke when they first hit the market, meme coins have become a legitimate investment that can yield huge returns for savvy investors.

While not all meme coins are worth investing in, those that have utility and provide an actual product or service tend to offer much greater room for growth. tamadoge meets both requirements perfectly and is preparing to complete its presale much earlier than expected. This therefore leads many investors to wonder what separates Tamadoge from other meme coins.

Tamadoge, what is it?

Tamadoge (TAMA) is a coin currently in presale that uses play-to-earn (P2E). So we have a real utility in this project. Tamadoge revolves around a Metaverse called Tamaverse, in which players can explore and breed 3D animated pets based on NFT technology. By using items from the in-game store, pets can be upgraded, allowing their owner to earn Dogepoints, improve their ranking, and earn greater rewards.

1662810520 777 Heres why this new crypto managed to raise 14 million

Investors don’t seem to be getting tired of the project either. The Tamadoge presale launched on July 25 and is already close to completion with over $13 million raised. TAMA’s current price is $0.0275, but prices are expected to drop to $0.03 once $16 million has been raised. It’s worth looking into the pre-sale now rather than when it’s too late.

How is Tamadoge different from other same coin projects?

The problem with a lot of meme coins is that they have no intrinsic value and instead focus on creating hype. While this strategy may make sense in the short term when the market is performing well, as soon as the going gets tough, prices can fall quickly due to the disappearance of the trend.

1662810520 975 Heres why this new crypto managed to raise 14 million
ELON/USD YTD Chart (CoinMarketCap)

An example is Dogelon Mars (ELON). This token performed well in late 2021 and even early 2022, but has since crashed. Prices having fallen to about a tenth of what they were at the beginning of November. It’s a perfect example of how a project that offers little use can suffer when the cryptocurrency market is struggling.

Another similar example is Baby Doge Coin (BabyDoge). Since mid-January 2022, this same coin has lost around 80% of its value. What do these two projects have in common? An obvious lack of usefulness. Both have attempted to capitalize on the meme coin craze instead of striving to create a solid product that provides value to investors and is for the long haul.

While both of these projects suffered heavily when the market began to fall, Tamadoge made sure not to suffer the same fate. Rather than just focusing on media buzz, Tamadoge creates real value for its investors. Through its P2E (Play 2 Earn) game, a series of arcade-style games slated for release in Q3 2023, and an augmented reality mobile app, the Tamadoge project is creating real utility.

1662810521 865 Heres why this new crypto managed to raise 14 million
BabyDoge/USD Chart (CoinMarketCap)

In addition, the offer of tamadoge is constantly shrinking thanks to a 5% absorption rate on revenue generated by in-store transactions. Combined with a low fixed supply of 2 billion tokens, this could significantly increase the value of Tamadoge over the next few months.

For investors looking to get started in the world of meme coins while minimizing risk, Tamadoge is an excellent choice. Given that it offers intrinsic value as well as a strong marketing campaign, Tamadoge will likely continue to perform well even in uncertain times, unlike projects like Dogelon Mars and Baby Doge. Feel free to check out Tamadoge before the presale is over to get some tokens at the best price.

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Here’s why this new crypto managed to raise 14 million euros in presale

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