TamadogeUp 210% Before Tier-1 Exchange Listing with More Lined Up

News Direct

Apr 21, 2023

–News Direct–

The meme-based P2E platform Tamadoge has experienced a remarkable surge, climbing 210% in the last week to top the leaderboard for the most significant gains within the top thousand cryptos.

Fueling this price hike is the upcoming April 24 announcement unveiling which of the top five centralized exchanges (CEX) is set to list TAMA on April 27.

Rumors of Binance's potential involvement have stirred excitement, but other contenders include Coinbase, Kucoin, Kraken, Bybit, and Huobi. Regardless of any exchange, the post-listing price is expected to soar.

Listing on any of these prominent CEXs will positively impact the coin's value, offering greater liquidity and market exposure for the platform. But the flow of optimistic news from the Tamaverse doesn't stop there.

Market participants who typically “buy the rumor and sell the news” may be caught off guard as Tamadoge prepares to unveil a wave of market-impacting announcements throughout the summer.

Don't miss the boat! Two More Major Exchange Listings are Slated for after April 24th

Team insiders have hinted that two significant exchanges will join the one that will be unveiled on 24 April. However, these additional announcements are anticipated in June or July.

This has prompted curiosity about whether the smartphone app's launch is planned for May. The team has not released any official statement on this matter. Still, such speculation fuels the escalating price to propel a bullish track in the coming months.

If the upcoming releases adhere to the tentative plan, Tamadoge could return to or surpass its ATH mark at $0.19.

Moreover, many whales are eager to capitalize on TAMA's recent price movements. As per the bot monitoring trades in Tamadoge’s Telegram channel, one investor spent $32,000 on Tamadoge while acquiring 1,458,567 TAMA.

Consequently, a “Tamadoge FOMO” has engulfed the crypto world. With three days remaining until the CEX listing announcement, the trading volume and price are growing exponentially.

Fibonacci Indicates a Likely Bullish Surge Ahead

Long-time Tamadoge holders, who have experienced the ups and downs from the lowest point to the highest and back, are understandably optimistic about the possibility of a fresher high.

Should the Fibonacci retracement levels ranging from the ATH to the all time low hold any good, the chance of TAMA reaching or even surpassing its ATH is once again a viable prospect.

For those who may not be familiar with the concept, Fibonacci retracement points divide price changes into several parts, each representing a specific portion of the total distance between the anchor points.

The chart shows that 38.2%, 50%, and 61.8% are the most common retracement levels. Even though the 50% (0.50) retracement level could sometimes be off, the remaining two levels correspond sufficiently with what could become critical upcoming resistance zones.

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TAMA's Potential Trajectory to ATH upon Surpassing the $0.05 Mark

The 78.6% level (depicted in purple) plays a vital role in TAMA's price dynamics. Should the price surpass the $0.05 milestone and the Fibonacci retracement analysis proves accurate, it would signal a powerful breakout with increasing momentum.

Fibonacci retracement levels are valuable tools in determining potential support and resistance points. When the price retracts to either of these levels and subsequently rebounds, it can imply that the coin's value will maintain its trajectory, adhering to the established trend.

On the flip side, if the coin's price pierces through a retracement point, it may suggest a reversal in the trend. As the price solidifies its recent gains and forms a foundation, a more transparent outlook will surface once the price confidently breaches the $0.05 mark.

It is essential for investors not to rely solely on a single analytical method. Thus, it is crucial to cross-reference the Fibonacci retracement findings with other influential indicators.

To support our analysis, we must examine key indicators like the Moving Average Convergence/Divergence (MACD) and the Relative Strength Index (RSI). These indicators will help validate the observations made through the Fibonacci retracement analysis, ensuring a comprehensive and reliable understanding of TAMA's potential price movement.

Anticipation builds for potential developments in May

The app is marked as “in progress” on the platform's roadmap, and the team has disclosed no specific launch dates. When completed, this will allow any arcade game to be enjoyed on a mobile device instead of just being confined to a desktop computer.

Another ongoing project is the Tamadoge Pet Store. As these elements on the roadmap shift to the “nearing completion” category, the community will better understand the plans for May, as confirmed by the team.

Tamadoge's CEO, Jon Bishop, who possesses extensive experience in the gaming sector, is navigating the company towards the launch of the final, fully-equipped version of the Augmented Reality (AR) Tamaverse app later this year.

As every milestone is accomplished, the community's confidence in the platform's continuous advancement grows, effectively quieting critics' doubts.

At the time of writing, TAMA is available on 15 centralized exchanges. Some examples include OKX, which is ranked among the top 10 crypto exchanges, and Uniswap, a leading DEX.

Tamadoge (TAMA) sets itself apart from many meme coins by focusing on practicality and real-world applications.

While Tamadoge undoubtedly possesses a virality, the company has chosen to concentrate on expanding its gaming portfolio. Tamadoge has released five arcade games in a short time.

Both players and reviewers have commended the games for their immense charm and addiction.

Market analysts predict that Tamadoge's value will gather momentum in the lead-up to and immediately after its listing.

Tamadoge's robust groundwork positions it to rival the best

Tamadoge's gaming arcade has attracted approximately 22,000 distinct players even before its launch on mobile devices.

This is an impressive figure in the crypto gaming world. This number exceeds the combined active user bases of The Sandbox as well as Decentraland.

Decentraland, a platform valued at $1.2 billion, has accumulated 4,550 unique active wallets in the past 30 days, as reported by data from DappRadar.

Another leading project, The Sandbox, with a market cap of $1 billion, has recorded 6,730 unique active wallets in the last 30 days.

In his first video update, Tom Harper, the project’s community manager, emphasized the improvements brought about by the latest upgrade, which streamlined user registration and made it easier for players to access the arcade games.

According to Harper, introducing a streamlined process for newcomers to sign up is Tamadoge's most significant achievement. He stressed that they had developed a mechanism that makes it convenient for individuals to join web3 gaming communities, and they are the trendsetters in this regard. The inclusion of email registration has significantly broadened access to the Tamaverse.

While the price of Tamadoge may fluctuate, investors should consider acquiring it now, knowing that the platform is dedicated to a long-lasting strategy for success.

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DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.

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Finance News

Alex Brown

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