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Home Crypto Updates Could Tamadoge Be the Next Major Exchange Listing? TAMA Token Rises by 20% on Hype

Could Tamadoge Be the Next Major Exchange Listing? TAMA Token Rises by 20% on Hype

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Could Tamadoge Be the Next Major Exchange Listing? TAMA Token Rises by 20% on Hype
Tamadoge. Image Source: Tamadoge

Tamadoge (TAMA), the token that operates the Tamadoge dog-inspired web3 gaming world, has been climbing in the recent days.

Since hitting its all-time low of $0.01 earlier this month, TAMA has surged a huge 50% to reach above $0.015.

27% of this surge took place in just one day (last Friday) due to the expectation that the cryptocurrency will soon be listed on a major tier-one exchange like Binance.

The official Twitter page of Tamadoge is teasing a major tier-one exchange listing announcement which will be revealed on April 24th.

What Does the Future Hold for TAMA Price?

Tamadoge’s latest pump means it has broken out of a downward trend that had been in place since February when it was trading in the area of $0.023.

If the upcoming announcement on April 24th is a Binance listing, as many are hoping, TAMA could move back towards its February highs and break above its 200-Day Moving Average of $0.021.

How High Can TAMA Go?

Analysts at Cryptonews.com believe that TAMA could experience exponential gains, potentially up to 100x over the coming years.

The reason for this is because Tamadoge has a relatively small market capitalization of only $15 million in comparison to other similar meme coin projects, despite showing signs of early adoption and having more utility than other established coins like Dogecoin and Shiba Inu.

With the Tamadoge gaming ecosystem already having around 22,000 users each month, even though it is still in its early stages, the upside potential of TAMA is immense.

If the number of users continues to increase together with the wider crypto market, there is no reason why Tamadoge can’t become a billion-dollar market cap token.

Given the current token supply of 1 billion, a $1 billion market cap would mean a TAMA token price of $1, which is around 66x higher than current levels.

What is Tamadoge (TAMA)?

Tamadoge is a play-to-earn (P2E) cryptocurrency, with users being able to earn TAMA tokens through their engagement in the Tamaverse.

The Tamaverse is a Shiba Inu themed web3 metaverse ecosystem of games.

Users can purchase Tamadoge NFTs and treat them like pets, earning points to compete in a monthly leaderboard.

The best performers of the leaderboard can win generous amounts of TAMA tokens.

Additionally, Tamadoge’s P2E Arcade allows users to convert TAMA tokens into credits, which let them participate in arcade-style gaming competitions.

Tamadoge will also soon release an augmented reality game that will let players interact with their Tamadoge NFTs in the real world.

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