Tamadoge Presale Hits $19 Million Cap Despite Bitcoin Price Drop

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Perhaps the most talked about token pre-sale of 2022 has become a flight to safety for some investors in the face of falling crypto prices.

A few hours ago, Tamadoge (TAMA) presale sold out, raising its total target to 19 million USDT amid choppy crypto market conditions.

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As of press time, Bitcoin is down 6% in the past 24 hours, falling to an intraday low of $18,670 on Binance as traders potentially cut risk ahead of the FOMC on Wednesday. .

Tamadoge Presale Timeline

The Tamadoge token presale began on July 25, 2022 with a beta sale, during which the TAMA price was discounted to $0.01.

This caught the attention of Yahoo Finance who praised its usefulness and attractive use case:

Unlike most so-called memecoins, Tamadoge was designed to have real utility. It serves as the home currency for a gaming platform populated by Tamadoge virtual pets. Owners can smash, breed, and battle Tamadoges to level up. Tamadoge was designed to make Play-to-Earn fun, having learned from the mistakes of early P2E games.

Yahoo Finance then reviewed Tamadoge two more times, around the $5 million and $8 million milestones.

CNBC also featured Tamadoge at the $15 million mark:

The fact that its pre-sale performance has surpassed that of Ethereum and the popular StepN platform is a great indicator of future growth potential. Some experts predict 10x growth by 2023, while others predict a 50x price spike. Tamadoge also scores high on the trust factor, with CoinSniper performing full KYC on its founding members a “100% secure” label from the Solid Proof audit.

The Tamadoge presale was originally scheduled to run through the fourth quarter of 2022, but in total sold out in just under eight weeks.

Tamadoge Crypto Exchange Listings

The next phase will be for investors to claim their TAMA tokens – a full announcement on how to do so securely is expected to be made on September 20, on the project’s official Telegram and Discord (admins won’t contact you first, beware of scams).

As an option, investors can also choose to receive updates by email – although this is not mandatory.

Confirmation of LBank exchange last month on Twitter their next TAMA list.

Tamadoge, an ERC-20 token, will also have its initial DEX (IDO) offering on Uniswap.

As the pre-sale of TAMA sold out earlier than expected, the team is said to be advancing all Tamadoge crypto exchange listings in the coming days.

CNBC’s mention of the 10x or more potential for this new cryptocurrency token may have caused the latter stages of its pre-sale to sell off quickly – over $1 million was raised over the weekend.

Tamadoge has also been highlighted by Bitcoinist, BeInCrypto, NewsBTC, and crypto social media influencers.

Jacob Crypto Bury notes above that a purchase of Tamadoge equivalent to 55.8 ETH was recorded on Etherscan on Sunday.

New crypto token presales and ICOs can often outperform bearish market conditions, even if their launch day is a red day – investor sentiment, hype and optimism are highest in the early stages of development. a new crypto project.

Bitcoin price could also rebound after the FOMC day – which we will also report live here at CryptoNews.

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Tamadoge Presale Hits $19 Million Cap Despite Bitcoin Price Drop

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