TAMADOGE to $1 soon?

[Abiky]

There's a new "meme" coin on the market called "Tamadoge". It had a pre-sale for quite some time which turned out to be a huge success. According to the website, the "meme" coin will have its own P2E (Play-to-Earn) game where you can earn TAMA on the ETH blockchain. Whenever the project will be a success or a failure in the long run, it's yet to be seen. While I don't think TAMA will become extremely-valuable in the future (it's a "meme" coin after all), it could certainly become a profitable venture for early investors within the short-term.

What do you think about this coin? Is it a scam or is it legit? Do you think it's possible TAMA will reach $1 within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks in advance.

[malcovi2]

$1 is not likely gonna happen soon unless Elon Musk twitted about it. What do I think about it? nothing special there were too many meme coins before it with the same plans and whitepaper. I can't even count how many of those projects failed, I wouldn't be surprised if it is the same people running these memecoins because on how much money they are getting from people buying into this.

[fuguebtc]

I just checked on coinmarketcap, its current price is 0.04$ which is quite far from your target, I don't see anything new about this coin meme, it's no different from other memes. As malcovi2 said, all meme coins won't cause any noise or hype if not mentioned by any celebrity, here could be Elon as he is often associated with the hype of memes. But how did Elon notice this meme?

No matter how many potential memes there are, I personally only trust shiba and doge, other than that the rest of the memes are really unreliable.

[jossiel]

It has 1B supply.

https://coinmarketcap.com/currencies/tamadoge/

And by the time that it has been launched since a month ago, the current price it got is already doubled. So, this is like the shiba version 2 mania craze that's trying to be built on this project?

I'm surprised to see that it has got a decent volume for the last 24 hours which means many do know about this or it's just a fake volume at all, no idea.

[tranthidung]

There's a new "meme" coin on the market called "Tamadoge". It had a pre-sale for quite some time which turned out to be a huge success.

Totally they raised $19M from beta sale and presale so you are right to call it as a huge successful crowd sale.

According to the website, the "meme" coin will have its own P2E (Play-to-Earn) game where you can earn TAMA on the ETH blockchain.

The concept and financial model of Play to Earn is broken that result in huge selling pressure from gamers. They have to buy NFTs at beginning and can play to earn forever (in most Play to Earn projects) that is unbelievable.

Tamadoge has idea to reduce this buy-once and use-forever NFTs with Tamaghost. It is a smart step to reduce selling pressure. To support this, support token price, they have buy back and burn from their Tama store with which 5% of money by selling NFTs in store will be used for that purpose. I can not deny it is good strategy from Tamadoge team but I don't believe it is enough to balance their finance model.

Whenever the project will be a success or a failure in the long run, it's yet to be seen. While I don't think TAMA will become extremely-valuable in the future (it's a "meme" coin after all), it could certainly become a profitable venture for early investors within the short-term.

Play to Earn projects are projects for non-gamers to play and earn. Real gamers don't play it that is hilarious.

What do you think about this coin? Is it a scam or is it legit?

Scam or legit won't help all people get profit because it's a zero-sum game.

Do you think it's possible TAMA will reach $1 within the not-so-distant future?

I don't believe in its financial model and its future but in near future, I believe Tamadoge team can create hype and price will make higher all time highs. $1 is somewhat possible price for it but I don't recommend it to anyone. It's risky!

[bitcampaign]

a lot of meme tokens and eventually became rugpull too, but I saw that there was a little oddity in their smart contract like the picture above that it could be printed in Tamadoge making it easier for developers to print a lot and then throw it away, that's very worrying especially considering this bear market will have many projects full of scam in the end, I don't guarantee it will be $1 even cheaper than today's price in the future

[Ararbermas]

For sure it's another hype coin and definitely good for short term only because this isn't new tbh where in, many projects already tried such plans to build their own p2p but most of them didn't succeed.  So for me it is always too good to be true when it comes riding meme coins and yep don't expect too much because since then there's no more successful meme in the market especially when the bearish season occurred. .

[Vaskiy]

$1 is not likely gonna happen soon unless Elon Musk twitted about it. What do I think about it? nothing special there were too many meme coins before it with the same plans and whitepaper. I can't even count how many of those projects failed, I wouldn't be surprised if it is the same people running these memecoins because on how much money they are getting from people buying into this.

The coin is added to different articles as the best to invest during the year 2022. I'm not sure of the memecoin, maybe this can grow good as the backing is with the play to earn. I don't find Elon Musk can be a reason for the growth, even if he makes a tweet. This time it won't give results as that of the market have with doge and Shiba.

[GreatArkansas]

(...)
What do you think about this coin? Is it a scam or is it legit? Do you think it's possible TAMA will reach $1 within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks in advance.

This is the coin, right? https://coinmarketcap.com/currencies/tamadoge/

Very fishy to me. This is a red flag for me, no originality. This is another project that came from Dogecoin, which is the original meme coin.
This shitcoin just improved and added some spicy.
I am curious why OKX listed this shitcoin. I saw the price and it's dumping, only good at the beginning.

[malcovi2]

$1 is not likely gonna happen soon unless Elon Musk twitted about it. What do I think about it? nothing special there were too many meme coins before it with the same plans and whitepaper. I can't even count how many of those projects failed, I wouldn't be surprised if it is the same people running these memecoins because on how much money they are getting from people buying into this.

The coin is added to different articles as the best to invest during the year 2022. I'm not sure of the memecoin, maybe this can grow good as the backing is with the play to earn. I don't find Elon Musk can be a reason for the growth, even if he makes a tweet. This time it won't give results as that of the market have with doge and Shiba.

Its same strat with other tokens/coins they paid writers do get it published, Its literally nothing new.. They had a budget they can throw it for marketing. You can check the other memecoins before this they had a play to earn model and we know the current state of play to earn games, its a ponzi scheme and it is not sustainable when people stop pouring money into it.

[tranthidung]

a lot of meme tokens and eventually became rugpull too, but I saw that there was a little oddity in their smart contract like the picture above that it could be printed in Tamadoge making it easier for developers to print a lot and then throw it away

In their Whitepaper, they reserve 600M tokens to mint in next 10 years. It is utility of the mint function that is red flagged on Coinmarketcap as you see.

No one knows what their actual intention to reserve 600M tokens for 10 years and the mint function. We are right to be doubtful about that but only time can tell us what they will do with the mint function.

It has 1B supply.

https://coinmarketcap.com/currencies/tamadoge/

Their total supply is 2 billion tokens, not 1B. The 1.05B tokens you see on Coinmarketcap is self-reported circulating supply. Their tokenomics is like this: 1B tokens for beta sale and presale; 400M tokens for exchange listing; and 600M tokens will be minted in coming 10 years. Check with their Whitepaper.

I am curious why OKX listed this shitcoin. I saw the price and it's dumping, only good at the beginning.

If Binance listed Shiba Inu and when community asked them why. They answered it is because of trading volume and community request. So OKX might give a similar answer but it is not strange. Exchanges care more about trading fee which is part of their income.

[Abiky]

It has 1B supply.

https://coinmarketcap.com/currencies/tamadoge/

And by the time that it has been launched since a month ago, the current price it got is already doubled. So, this is like the shiba version 2 mania craze that's trying to be built on this project?

I'm surprised to see that it has got a decent volume for the last 24 hours which means many do know about this or it's just a fake volume at all, no idea.

For some reason, "meme" coins have a huge number of coins in circulation. I haven't seen one "meme" coin that's finite by design except Garlicoin. With inflation "baked" into the protocol, how would you except TAMA or any other similar coin to retain its value over the long term? I guess the new "meme" coin will turn out to be like the rest of the other clones being traded on the market right now. The odds of Elon Musk or a popular celebrity/person endorsing any other coin than Dogecoin are very slim.

How far will this coin go will greatly depend on mainstream market demand. $1 per coin seems to be impossible for TAMADOGE right now, but with a decent trading volume, anything could happen. It's best to take advantage of the short pump in price to sell your coins at a profit before it's too late. Who knows if TAMA gets replaced by another "meme" coin soon? Just my opinion

[Chato1977]

What do you think about this coin? Is it a scam or is it legit? Do you think it's possible TAMA will reach $1 within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks in advance.

But from what I saw is that the coin does not even pricing a penny? this is another big jump or what we can call a GEM? from 0.030 dollars to 1 whole buck?

https://coinmarketcap.com/currencies/tamadoge/

but willing to invest a little amount in this one , I think we can handle to take a risk with this super cheap meme coin.

[fullhdpixel]

What do you think about this coin? Is it a scam or is it legit? Do you think it's possible TAMA will reach $1 within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks in advance.

This coin's name got my attention. It sounds like Tamagotchi. I think everyone already knows what is it but for those who didn't, its a small piece gaming machine or handheld device in other terms but I think there are already projects before who have this concept and one of it is axie infinity but the game is pretty much dead right now so maybe this one can have its own chance to get noticed at least by the public.

You said its pre sale is a success? Then it's a good sign or a good start rather. The team and those who invest on it will get motivated to improve the game more and to invest more money. It's not literally a meme project but it is a project with purpose (it's a p2e game).

[Untomabur]

I don't think there's any sign that Tamadoge can reach $1 in the future, because there really isn't anything special about TAMA,
but if TAMA is already listed on Binance and CZ believes in TAMA the same as SHIB and DOGE, then I can be sure it's at least $0.5 .

[tranthidung]

How far will this coin go will greatly depend on mainstream market demand. $1 per coin seems to be impossible for TAMADOGE right now, but with a decent trading volume, anything could happen. It's best to take advantage of the short pump in price to sell your coins at a profit before it's too late. Who knows if TAMA gets replaced by another "meme" coin soon? Just my opinion

If Axie AXS can touch $200, TAMA can touch $1 but with so many conditions.

Trading volume should be big and they must be listed on other Tier 1 exchanges especially Binance.
Their marketing team must create hype in the air and I think they can do it from their successful sales.

However, my advice is even if TAMA touches $1, it is temporary price on market and it won't actually reflect value of the token. I expressed my opinion above about weaknesses of Play to Earn concept and I don't see how Tamadoge project will be able to solve it.

You said its pre sale is a success? Then it's a good sign or a good start rather. The team and those who invest on it will get motivated to improve the game more and to invest more money. It's not literally a meme project but it is a project with purpose (it's a p2e game).

It is a success for their team as we can not say raising $19M within about 1 month is not a success. In addition, so far it brings success and profit to investors in either beta sale and presale. But if you are speculator after their listing and buy with price higher than $0.04, you are in loss now.

That project is at beginning and if it breaks $0.2 and makes a new all time high, you can consider to sell it. Because with Play to Earn projects, a longer you stay, a higher risk to lose.

[Bitstar_coin]

Am not aware of this meme before now but from what I read above it seems like a meme with some hype surrounding it. We can't deny the high risk of investing in meme projects and we can not also ignore the probability of a high reward when the project becomes successful.

I try to avoid meme projects because of obvious reasons, @op seem to be certain this tamadoge can make a difference that will increase the price value to $1. I hope this speculation is base on the nature of development of the project and not just on hype. If there is a strong utility that will push the price up, perhaps it can happen in the next bull season.

[CaVO32]

Am not aware of this meme before now but from what I read above it seems like a meme with some hype surrounding it. We can't deny the high risk of investing in meme projects and we can not also ignore the probability of a high reward when the project becomes successful.

I try to avoid meme projects because of obvious reasons, @op seem to be certain this tamadoge can make a difference that will increase the price value to $1. I hope this speculation is base on the nature of development of the project and not just on hype. If there is a strong utility that will push the price up, perhaps it can happen in the next bull season.

$0.03 right now to $1, that's a huge leap. But knowing meme tokens, they can easily be hyped up and reach to $1. But be very careful when that happens, because they can easily go down hard without the possibility of recovery. Maybe, they have good plans right now, but check after a year if they are still active with their goals on this project. Hard to trust meme tokens these days.

[jaberwock]

Am not aware of this meme before now but from what I read above it seems like a meme with some hype surrounding it. We can't deny the high risk of investing in meme projects and we can not also ignore the probability of a high reward when the project becomes successful.

I try to avoid meme projects because of obvious reasons, @op seem to be certain this tamadoge can make a difference that will increase the price value to $1. I hope this speculation is base on the nature of development of the project and not just on hype. If there is a strong utility that will push the price up, perhaps it can happen in the next bull season.

$0.03 right now to $1, that's a huge leap. But knowing meme tokens, they can easily be hyped up and reach to $1. But be very careful when that happens, because they can easily go down hard without the possibility of recovery. Maybe, they have good plans right now, but check after a year if they are still active with their goals on this project. Hard to trust meme tokens these days.

Even the main meme coin doge never tried to reach 1 dollar yet but I think that's because of its unlimited supply and its price do also start with lots of zeroes but this tamadoge already have a nice starting price and that is 0.03? That should also mean that its supply is much lower than a common meme coin.

In case, it pumps up then I think it will be easier for it to reach a dollar or even more than that but in order for us to be sure if this meme coin really have a potential, we need to check what they are offering. Not only that but we also need to reverse search the documents that we see, only to tell that they are not fake. Stay safe everyone.

[wheelz1200]

There's a new "meme" coin on the market called "Tamadoge". It had a pre-sale for quite some time which turned out to be a huge success. According to the website, the "meme" coin will have its own P2E (Play-to-Earn) game where you can earn TAMA on the ETH blockchain. Whenever the project will be a success or a failure in the long run, it's yet to be seen. While I don't think TAMA will become extremely-valuable in the future (it's a "meme" coin after all), it could certainly become a profitable venture for early investors within the short-term.

What do you think about this coin? Is it a scam or is it legit? Do you think it's possible TAMA will reach $1 within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks in advance.

Why on earth people still put theor money in these things is beyond me.  Memes had their run but they are all useless.  It's a joke so what do you think will happen with price.  It's gonna tank once everyone mass sells theor initial coins.  I'd steer clear.