Unless you’ve been living under a rock for the past couple of months, you probably know all about the tragic black swan event that took place in May this year and crushed Terra Luna.
Ever since the Terra Luna collapse, this crypto has been working on restructuring its network and gaining back the confidence of investors.
However, the recovery hasn’t really been going as planned.
The new and rebranded Terra ecosystem has recently been launched, but its performance is nowhere near to milestones that the original LUNA reached after going viral.
LUNA has lost more than 90% of its value supporting the Terra 2.0 network and there are no signs that this downward spiral will stop anytime soon.
At the time of writing, the price per LUNC token is $0.000092, which makes it a penny crypto in today’s industry.
On the other side of the specter, the hottest meme coin in town, Tamadoge, is making new strides in the market and attracting investors insanely fast.
Terra Luna Close to Hitting Zero
TerraUSD’s sister token, Terra Luna, almost crashed to zero this week as the recovery from May isn’t going as planned.
Lots of major crypto exchanges such as Binance, eToro, and ByBit have removed LUNA from their platforms due to the high levels of instability.
The Korean community that was founded in 2019 and consists of thousands of investors supporting Terra has been officially shut down.
This is what the admin wrote:
“This is really over… Validators are leaving too… He’s going to sell the house and run.”
The comment refers to the actions of Do Kwon (Terraform Labs CEO), who has been inactive on social media since May 11th, 2022.
After he revealed the plan to burn a huge portion of UST and restabilize its peg by reducing supply, Do Kwon went completely under the radar.
Plus, the recovery plan of LFG (Luna Foundation Guard) has also failed and the official reserves have decreased to around $70 million with the two tokens failing to recover.
At the time of writing, the foundation reserve includes around $60 million in Avalanche tokens and $10 million in UST tokens.
Tamadoge Raises $5.7 Million in Presale
Tamadoge has captured the attention of every crypto enthusiast in the industry, with investors all around the world lining up to buy their first TAMA tokens.
So far, the presale for TAMA tokens has been incredibly successful and the project has raised around $5.7 million worth of funds.
Due to the token’s unique traits, it doesn’t seem that this demand will decrease in the following period.
Crypto analysts and experts suggest that we might even see 100x gains towards the end of 2022 and the potential CEX listings will only further improve its value.
The hard cap is set at $19 million and the public sale is most likely to take place somewhere in Q4 of 2022.
Even though the presale is supposed to last until September, it might end a few days earlier since the hard cap is almost reached.
Despite the ongoing decline in the crypto market, the interest for TAMA tokens hasn’t slowed down and thousands of traders are looking to get in early on this project.
Tamadoge’s Strong Fundamentals Are a Game-Changer
Because of the strong fundamentals of the project, it doesn’t come as much of a surprise that Tamadoge has achieved so much success in the past few weeks.
Tamadoge is a meme coin that combines NFT, Metaverse, and P2E elements and comes with one unique trait – utility.
The tokenomics are solid and the roadmap is extremely promising, with lots of new features to be added in the following months.
There is a fixed supply of 2 billion TAMA tokens and the value will only go higher as the demand keeps on growing.
Plus, the gameplay is very immersive and players can’t wait to get their hands on the exciting Tama pet NFTs that they’ll later use in battle.
Since Tamadoge is focused on blockchain gaming, the token offers a lot more utility compared to meme coin rivals in the market.
There are also no tax fees on TAMA transactions and the project was KYC-verified by CoinSniper and smart contract audited by Solid Proof.
How to Buy Tamadoge
Here is the exact guide you can follow for your first TAMA token purchase.
To begin, make sure you have a MetaMask wallet installed on your browser, or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).
Purchasing on a desktop browser will give you a smoother purchasing experience. For this we recommend MetaMask.
If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).
Once you have your preferred wallet provider ready, click “Connect Wallet” and select the appropriate option. For mobile wallet apps you will need to select “Wallet Connect”.
You will then have three options: Buy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transak.
You will then be able to use this ETH to purchase TAMA. Click “Buy Eth With Card” to begin and follow the on screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase. Buy TAMA With ETH.
Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) and then click “Convert Eth”.
Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas. Buy TAMA with USDT. Please ensure you have at least $15 of USDT in your wallet before commencing the transaction.
Type in the amount of TAMA you wish to purchase (1,000 minimum). Click “Convert USDT”. You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Please ensure you go through both approval steps in order to complete the transaction.
Once the presale has concluded, you will be able to claim your TAMA tokens. We will release details closer to the time, however you will need to visit the main site https://tamadoge.io and click on the gold “Claim” button.
Use the contract information below to add the TAMA token to your wallet.
Token symbol: TAMA