The cryptocurrency market has so far failed to extend its profits in August after the July rally.
Indicators of an economic slowdown and rising geopolitical tensions between the US and China also affected the market.
All major crypto tokens traded lower a few days ago.
Despite this, decentralized finance (DeFi) token Saudi Shiba Inu (SAUDISHIB), available on Binance's Smart Chain (BSC), surged more than 450% and captured the attention of the crypto community.
But that left everyone wondering if Saudi Shiba Inu was a wise investment and if the upward trend would continue.
There are many different meme coins available, each claiming to offer something unique, but all too often the uniqueness is limited to the name and little else. There is little or no information on the Saudi Shiba Inu project.
Saudi Shiba Inu has pledged NFT collection and decentralized exchange for cash meme listing.
It is also of no use and does charge transaction fees, both of which are immediate warning signs. According to analysts, Saudi Shiba Inu is just another fluffy meme coin.
Hence, it is best to take a look at other meme coins, such as buy Tamadoge, instead of investing your hard-earned cash in an unproven meme coin that offers no use or reward.
What is Tamadoge?
It is an intriguing new meme coin, available and endowed with usefulness. Tamadoge, the native governance token for the in-game “Tamaverse” Metaverse, is a deflationary meme cryptocurrency.
The name cleverly combines dog fever and Tamagotchi, a well-known computer game from the XNUMXs. You can raise your NFT Tamadoge pet through the play-to-earn system known as Tamadoge.
If you choose, you can keep many Tamadoge animals, give them the food you want, and watch them become more powerful over time.
Users receive rewards for spending time with their pets and caring for them from birth to age. Adult animals can compete to be crowned leader of the leaderboard.
To connect with the realms of the metaverse project, the animals will also have a unique 3D avatar.
In addition, an app with an augmented reality viewer is integrated, so you can always be one step away from your pet.
This game promises fun and requires fighting skills, unlike other play-to-earn games, which can be tedious and focused on repetitive tasks with little talent.
Different from the Saudi Shiba Inu
Tamadoge appears to be an addictive metaverse. Unlike Saudi Shiba Inu, there is no tax on transactions made with the TAMA currency in Tamadoge.
Revenue is instead generated through taxes on purchases made in the Tamadoge store, where players can buy and sell in-game goods.
Tamadoge is your chance if you are looking for a meme currency with a traditional business plan that places an emphasis on increasing users to increase revenue, rather than just playing to make money.
In total, 2 billion Tamadoge tokens have been created, i.e. the token offering.
This is an ideal opportunity to invest in the project upfront and start counting your income once Tamadoge is up and running, as it is expected to take off as soon as it is released.
