The price of Tamadoge has seen an incredible 185% explosion over the past fortnight as the cryptocurrency surges to the current $0.0322 level. The memecoin sensation started to move earlier in the month after the team announced that the token would be listed on a top-5 top-tier exchange.
Although the exact exchange that it will be listed on is unknown, traders quickly rushed to purchase TAMA following the announcement, as some believed that TAMA might be added to Binance. In addition, Tamadoge recently opened its P2E arcade, which helped the ecosystem gain significant traction after 22,000 players started to game.
Tamadoge Sees Epic 185% Price Explosion Following Tier-1 Exchange Teaser
While the price of Bitcoin and the rest of the crypto market struggles, Tamadoge seems to be defying gravity after exploding by an impressive 175% over the past week alone. The cryptocurrency is now up by 185% over the past fortnight as it totally bucks the overall retracement that the rest of the cryptocurrency market is witnessing.
As mentioned earlier, Tamadoge started to surge significantly after the project’s team announced that the native token behind the P2E memecoin platform would be added to another tier-1 exchange in the coming days. Although they didn’t announce the specific exchange, many traders started to assume it could be Coinbase or Binance, leading to an epic rush to buy TAMA ahead of the official announcement to get in before the exchange is revealed.
https://twitter.com/Tamadogecoin/status/1649081500942336000
As a result, TAMA started to move aggressively, causing it to become the top gainer on CoinGeko;
🎉 Great news: Tama has made it to the top #Gainer on @coingecko today with 77.3% in 24 hours! 🔥
Let’s keep the momentum going #TamadogeArmy 💪https://t.co/7ZItULfa4i#TamaDoge #Bullish #DogeDay pic.twitter.com/XU0onbRlO6
— TAMADOGE (@Tamadogecoin) April 20, 2023
Why is Tamadoge a Phenomenon in the Memecoin Space?
Tamadoge is a memecoin sensation that lit up the sector in 2022 after raising an incredible $15 million in its presale. The TAMA token, the native token that powers the entire Tamadoge ecosystem, was listed on its first tier-1 exchange – OKX – after the presale ended, which caused the token to surge by over 1500% and provide early-stage investors with 18x returns.
The token became the third-most traded memecoin by trading volume – putting it behind heavyweight giants like Dogecoin and Shiba Inu.
Although TAMA might have seen a consistent downtrend over the past few months (like the entire cryptocurrency market), the bullish sentiment is starting to be revived as traders anticipate the next tier-1 exchange the token will be listed on later in the month.
Tamadoge rose to prominence as it became the first memecoin that could provide real-world utility to holders through its play-to-earn selection of games. Touted as the next Dogecoin and Shiba Inu, Tamadoge allows users to breed, train, and battle little Tamadoge NFTs to earn points on the leaderboard and win prizes. The player with the most points on the leaderboard can claim their rewards from the prize pool.
The token is starting to gain headlines again as users start to play the games following the release of the Tamadoge Arcade.
Tamadoge Sees Adoption After Arcade Opens – 22,000 Gamers Playing
Since launching its arcade earlier in the year, Tamadoge has attracted well over 22,000 gamers – all looking to play games and earn rewards. So far, the team has released five P2E games in its selection that provide rewards for users who climb the leaderboard. These games include;
- Tamadoge Run – Collect coins while running through a spooky map.
- Rocket Doge – Collect coins while navigating your Doggy through a course on a jetpack.
- To the Moon – Reach the moon on a pogo stick and earn rewards.
- Super Doge – Defeat the evil SECKnights and bring peace to Tama Isle.
- Tama Blast – An ice-hokey arcade game to score points and win coins.
The games are highly addictive, which is why over 22,000 gamers have already played them. Users can either play the free-to-play versions of the game – without receiving rewards – or purchase credits using TAMA to play the play-to-earn version of the game and win even more TAMA as prizes.
So far, over 22,000 gamers have played inside the Tamadoge arcade, purchasing over 84,000 credits to participate;
Woah, these numbers are on fire! 🔥
As of last week, the #TamaArcade has almost 22,000 gamers playing games every month. And look at all those credits… Players love our games!
We have more stats coming your way soon because we're taking #Tamadogecoin to the moon! 🚀
Until… pic.twitter.com/DHd6DXvXHl
— TAMADOGE (@Tamadogecoin) April 13, 2023
Furthermore, players can also use their NFTs to gain a competitive edge in the game. The NFTs were sold to the public last year, providing players with a boost in gameplay to earn more points and climb higher in the leaderboard. All of the Tamadoge NFTs feature stats like Luck, Agility, Strength, and Vision, which help the players better earn more points when playing the game.
When Will the Tier-1 Exchange Be Announced?
The TAMA surge is expected to continue over the coming days as the announcement of the exchange listing draws nearer. The official data that the team expects to reveal the tier-1 exchange is set for April 24th, 2023 – meaning there are just a few days left to get hold of TAMA before prices inevitably explode further.
Following the announcement, the team will give a few days for the exchange to add liquidity to the market and for traders to deposit tokens on the exchange before trading goes live.
Overall, with the launch of the Tamadoge Arcade and the new additional tier-1 exchange listing, we can expect the TAMA surge to continue over the following weeks as the ecosystem expands.
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