Tamadoge raises $ 10 million: is it the best Memecoin?

Tamadoge raises $ 10 million: is it the best Memecoin? - best meme coins 1 1024x576 1Tamadoge is an exciting new project that in some circles is referred to as the "DOGE Killer" after exceeding $ 10 million in initial funding.

More than 70% of his presale allocation has been sold and the last 40% is expected to be sold by the end of September - but could he take DOGE's crown as a top dog? Find out how buy Tamadoge on the official website.

What is Tamadoge (TAMA)?

Tamadoge is a new cryptocurrency project that is enjoying huge success on social media, having taken less than a month to raise $ 10 million.

It has already been named the best cryptocurrency project to invest in for 2022 and promises something DOGE has never had: long-term utility.

The broader Tamaverse will not only incorporate the native TAMA token, but will also feature play-to-earn games, NFT properties, and more.

TAMA vs DOGE - Which is the Best Meme Coin?

As already mentioned, Dogecoin offers very few use cases in the real world, beyond its potential as a meme coin and its enormous social awareness.

It was designed to be a currency rather than an asset to hold, and its primary use so far has been as a tipping system on some social media sites like Reddit and Twitter, albeit with huge user-to-user discrepancies.

Some companies accept it, including the Dallas Mavericks, but the spread hasn't been huge, despite DOGE owners starting the #AcceptDOGE campaign to push merchants to accept it as a currency.

Elon Musk, one of the richest men in the world and the most prominent supporter of DOGE, went on to make it known that he is a big investor and fan of the coin and at the beginning of the year he started accepting DOGE as a currency to buy some products. Tesla.

It also sold nearly $ 1 billion worth of Bitcoin in July, while retaining all of its holdings in DOGE

However, while Musk's tweets have often led to a rise in DOGE's prices - and has certainly been the driving force behind its massive growth in the past - a billionaire backing the coin isn't necessarily a recipe for long-term success.

Tamadoge, on the other hand, is building a project with numerous use cases that should make it a great long-term investment over the next decade.

In late 2022, TAMA owners will be able to coin an NFT pet - built to resemble the 90s Tamagotchi, owners will be able to feed, care for and raise their pets, before battling other owners in a game P2E that will earn rewards for players.

Blockchain and GameFi games are expected to be sectors that will see exponential growth over the next decade and also an asset class that has been described as the “least affected” by the bear market, data and analytics site DappRadar.

More games will also be released in the Tamaverse, while pets will switch from 3D to augmented reality - scheduled for the fourth quarter of 2023 - allowing owners to take them into the real world to explore them.