Dogecoin's Price Increased By 23%. Is Now The Time To Buy?

During the past week, Shiba Inu's price rapidly increased. That certainly increased the pressure among the meme coins that are dog-themed and confirmed their rivalry. Other meme doge coins like Tamadoge are also seen on the rise because of their pre-sale.

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According to Santiment, the behavior analytics platform for cryptos, DOGE whales have been extremely active due to these recent events.

The increased activity is pretty obvious on the DOGE network, where more than 670 whale transactions have been performed. The transactions can also be noticed on the other networks but not to that extent.

With the increase of meme coins on the market, Dogecoin is constantly mentioned on social media. It became a leading meme coin mentioned in all the discussions.

With almost 400k social mentions, it is obvious that Dogecoin is on everyone's minds. The fact that "Dogechain" got launched only increased the number of mentions and the overall popularity of DOGE.

Dogecoin is based on Polygon Edge, which is an independent network, and it can enable the users to use the DeFi services by bridging the Dogecoin holdings. However, there has been an announcement on Twitter that Dogecoin Foundation is not involved in Dogechain.

The revival of Dogecoin had a great start by gathering almost 60,000 wallets and more than 475k transactions, but that also slowed down the chain as a result.

At the moment of writing, the price of DOGE is $0.082187 USD. During this week, the price increased by 23%.

That didn't last long since the bears managed to decrease it again by 3%. Still, Dogecoin manages to stay afloat.

However, waiting for the DOGE to recover may last forever. Investing in a new rising star may be the answer. While Dogecoin remains one of the most popular meme coins, there is another meme coin on the market with a bright and promising future- Tamadoge. Tamadoge (TAMA), it is positioning itself as one of the most relevant new cryptocurrencies in the market. With more than $5 million dollars already raised, it is a coin with enormous potential for earning.

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What is the best coin to invest in 2022?

With the hype around dog-themed meme coins, one coin has been particularly popular – Tamadoge (TAMA). It is characterized as the next Dogecoin, and it seems like they are connected in a way.

It is a coin with real utility because it will be used for unlocking all the interesting features that this ecosystem has to offer. TAMA coins don't rely on the Twitter hype but rather on P2E (play-to-earn) games, NFTs (non-fungible tokens), and metaverse exploration.

Players can explore the metaverse and exchange the ownership of the in-game items, which means the player can count on the significant economic value. The metaverse enables the users to own virtual real estate, buy, trade, or sell NFTs, and many other things. All of this can be done by using TAMA.

Paying close attention to the direction that TAMA is going certainly has enormous potential, especially if you decide to invest.

Tamadoge players will get a chance to buy their pets, nurture them until they are grown, and then battle with them to gain Dogepoints to move up on the leaderboard. Funneling to Tamadoge means that over time one player will prove to be the best and will receive the most generous reward.

At the end of each month, players with the most Dogepoints will get TAMA from the Dogepool as a reward.

There will be an augmented reality mobile app that will bring their pet to every player and enable them to have it close. The release is expected to occur in Q4 2023. The app will also have a range of features for social networking.

Being in touch with the Telegram and Twitter community is imperative when it comes to a complex ecosystem like Tamadoge. With the growing number of members, staying in touch via the app is very important.

There is currently an ongoing presale, so investing early is crucial if you wish to make sure that you will get coins at a lower price than they will be in the following stages.

The tranches of 100 million TAMA tokens will be sold until the price goes to $0.03. TAMA is a deflationary coin, which means it is price supportive.

With the beta presale ending extremely fast, we can expect the presale to be over soon, too, coins are selling fast! If you wish to invest, now is the time before it gets too late.

Here is a step-by-step guide on how to invest in TAMA:
Step 1 – Set Up a Crypto Wallet

Those looking to buy Tamadoge crypto must first set up a crypto wallet . Many of the best crypto wallets are free and easy to use, although we recommend using MetaMask, due to its multi-chain support.

Head to the MetaMask website , click 'Download', and follow the on-screen instructions to set up the wallet.

Step 2 – Purchase ETH or USDT

Tamadoge (TAMA) tokens can be purchased using either ETH or USDT. It's easy to buy Ethereum or USDT using a respected crypto exchange or broker, although you can also buy ETH through the Tamadoge presale platform using a credit or debit card.

Once you have purchased ETH or USDT, make sure to transfer your holdings into your new crypto wallet.

Step 3 – Link Wallet to Tamadoge Presale Platform

Head over to Tamadoge website and click 'Buy'. On the following page, click 'Connect Wallet', choose your wallet provider, and follow the instructions to make the link.

Step 4 – Buy Tamadoge
Enter the amount of Tamadoge tokens you'd like to purchase (minimum 10,000) and click 'Convert ETH' or 'Convert USDT', depending on which currency you hold. A pop-up will then appear, asking you to confirm the transaction.

Step 5 – Claim Tamadoge Tokens

The final step is to claim your TAMA coins. You can do this once the presale has concluded by clicking 'Claim' on the Tamadoge website's homepage.

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Conclusion

Dogecoin is certainly back in all the discussions about the crypto market mainly because of the new meme coins conquering the market. We have seen what Dogecoin managed to do, and it seems like it is time for a coin like TAMA to take over the reins.