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Despite largely being considered a joke when they were first brought to market, meme coins have grown to be a legitimate investment that can generate huge returns for savvy investors.
While not every meme coin is worth buying, those packed with utility and providing an actual product or service tend to boast far greater room for growth. Tamadoge fits both requirements perfectly and is gearing up to sell out its presale weeks ahead of schedule, leading many investors to question what separates Tamadoge from other meme coins.
Tamadoge (TAMA) is a presale play-to-earn (P2E) meme coin stuffed with utility. The project centers around a Metaverse world named the Tamaverse, in which, players can explore and raise 3D-animated NFT-based pets. By using items from the in-game store, the pets can be upgraded, granting the holder Dogepoints, improving their leaderboard ranking, and earning them a larger share of the rewards pool.
Investors cannot seem to get enough of the project either. The Tamadoge presale went live on July 25th and is already nearing its completion with over $13 million raised. The current price of TAMA is $0.0275 but with prizes set to rise to $0.03 once $16 million is raised, it's worth checking out the presale sooner rather than later.
The issue with a large portion of meme coins is they lack intrinsic value and instead focus on generating hype. While this strategy can be sound for the short term when the market is performing well, as soon as things turn south, prices can fall quickly as a result of the hype vanishing.
An example of this is Dogelon Mars (ELON). The token
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