Meme Token Tamadoge Price Keeps Going Up - Can TAMA Hit $1 This Week?

cryptonews.com:

The price of tamadoge (TAMA) has surged by 86% in 24 hours, capping off an astonishing 570% rise since the new altcoin gained its initial listings at the end of last month. At $0.139207, the meme token is also more than 1,200% up compared to its discounted presale price of $0.01, with excitement regarding its OKX listing -- and potential Binance listing -- driving market sentiment.

TAMA's momentum hasn't really subsided since its presale, which raised $19 million within a couple of weeks, far surpassing its original target of $2 million. As such, there remains every chance that its impressive rise to prominence could continue in the coming days and weeks, potentially pushing its price towards $1.

At the time of writing, TAMA is 11% up in the past hour, indicating that a really is in process. Interestingly, the new meme token is actually 20% down from its all-time high of $0.163173, set roughly five hours ago.

TAMA's chart is a rare one as far as recently listed altcoins go, since it has consistently recorded gains since September 28, when sites such as CoinGecko and CoinMarketCap began tracking it.

What's encouraging to note as far as the chart above is concerned is that TAMA's volume (illustrated by the gray vertical lines at the bottom) continues to set new heights. In other words, its current expansionary phase shows no signs of fizzling out just yet, and it's like that the coin will continue to set new highs in the next few days.

Its momentum is helped by the fact that the wider cryptocurrency market enjoyed something of a rebound in the past 24 hours, with its total cap moving up by 3.5%, to $1 trillion. Accordingly, with the market recovering some of its confidence and appetite, TAMA is one of the best-positioned coins