Tamadoge (TAMA), the crypto token that powers the Shiba Inu-dog-themed gaming-focused Tamaverse web3 ecosystem, has seen a sharp pullback in the last few days.
Despite this, price predictions remain upbeat.
TAMA was last changing hands around $0.024, around 35% below its recent highs in the $0.037 area, with some analysts suggesting the crypto token may have seen a “sell the fact” reaction to its recent ByBit listing announcement.
TAMA will go live on ByBit in two days.
In the build-up to the listing, Tamadoge will be running a Deposit to Earn TAMA giveaway.
The ByBit listing looks set to be just be the first of a series of listings across major top 5 cryptocurrency exchanges.
Indeed, the Tamadoge team on Tuesday told investors to “stay tuned for more exciting updates” via Twitter, before teasing that the next listing could be on Binance, Coinbase, Kraken or KuCoin.
While trading conditions are likely to remain choppy, the outlook for TAMA is looking up.
As more major exchanges list the token, this will give Tamadoge a significant free marketing/promotional push, while making investment easier for a much wider audience of potential buyers.
Meanwhile, the Tamadoge team continues to pump out ecosystem upgrades and fill out “Tama Island”.
For instance, there are now five Tamadoge Arcade games, which users can compete in using their Tamadoge NFTs and earn TAMA rewards.
Despite the recent pullback, TAMA’s technicals are still looking good.
That’s because the crypto token found strong support at its 200-Day Moving Average on Monday, a sign the bulls remain in control.
If TAMA can clear the late-October highs in the $0.04 area, this should set up a big push higher towards the crypto token’s record highs in the $0.20 area.
That would mark
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