What crypto are the whales buying? After the ongoing crypto market crash in 2022, users are looking for the best meme crypto to buy now. Currently, many whales and investors are looking to buy TAMA – a new NFT project that is aiming to change the gaming sector by introducing DeFi (decentralized finance) protocols.
This guide will review one of the best new crypto meme coins and why whales are accumulating Tamadoge.
Why Tamadoge has Gained the attention of Memecoin Whales in 2022
The sections below look at 5 reasons why Tamadoge is gaining attention among the meme coin whales in 2022.
1. Affordable Pricing
On the 25th of July 2022, TAMA launched its beta presale phase. Investors can buy Tamdoge for $0.01 per token, with a minimum purchase of 1,000 tokens ($10). To buy TAMA, investors can either purchase ETH or USDT, and convert their holding to TAMA coins. On the other hand, users can buy TAMA with fiat currency via credit/debit card payment methods.
Currently, early investors have bought over $100,000 of TAMA in the first two weeks of the Tamadoge beta sale.
The low token price can potentially make TAMA one of the best low-cap crypto gems to buy in 2022.
2. Deflationary Token
One of the benefits of buying Tamadoge is that it aims to be a deflationary token. For example, coins like Doge and Shiba Inu are not inflation-proof – since they provide an increase in the number of tokens supplied over time.
Dogecoin has increased its total supply cap from 100 billion to 132 billion, making the supply increase compared to the demand. On the other hand, TAMA provides a decreasing token supply over time. Firstly, TAMA has a maximum supply of 2 billion tokens.
Moreover, 5% of all TAMA tokens spent on the platform will be burnt. This will ensure that the number of tokens reduces over time, increasing the demand in the long run. Therefore, the developers hope that the token can increase in value and potentially provide investors with higher returns.
3. No Transaction Tax
Another key feature of the Tamadoge cryptocurrency is that it charges no transaction tax to users who buy, sell and trade the tokens. For example, many crypto ecosystems will take a cut from users’ transactions to maintain the rest of the network.
However, the TAMA developers state that the ecosystem itself will generate revenue. This benefits the network users since they can retain a higher amount once their transactions are completed.
4. Long-Term Investment
One of…
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