TAMA Makes Corrections, But Gets Ready For Breakout
Following a week-long rally, the price of TAMA reached an all-time high of $0.197 on Tuesday, attracting the attention of traders all over the world.
Some analysts contend that a number of factors, including early presale investors taking profits and traders “selling the news” as TAMA was added to more exchanges, caused the price to drop suddenly on Thursday.
Another possibility is that the markets were overbought as a result of the previous days’ sharp increase.
Traders can now open new positions in anticipation of the following leg up as the price is currently consolidating above a support level at $0.06
TAMA, which is currently ranked third among meme coins in terms of volume traded, continues to draw in investors. Only Dogecoin (DOGE) and Shiba Inu are currently ahead of Tamadoge (SHIB)
Rare NFT Collection Launches on Opensea
Tamadoge has enormous appeal not only because it has the potential to compete with Dogecoin and Shiba Inu, but also because it is a part of the larger Tamaverse, which also includes play-to-earn gaming and NFT ownership.
With 100 extremely rare Tamadoge Pets up for grabs, the first NFTs in the collection are now available for purchase on OpenSea.
The Pets are designed in the Tamagotchi craze of the 1990s and allow owners to take care of, feed, train, and care for their pets before engaging in combat with other owners.
The soon-to-be-available arcade games that are a part of the Tamaverse can be accessed and played using Tamadoge NFTs.
In comparison to the rare and common collections, the limited edition, ultra-rare collection will have higher stats, such as speed and agility, giving owners a much better chance of moving up the global leaderboards and obtaining more $TAMA rewards.
Existing NFT holders will receive a Puppy version of their Tamadoge by airdrop when the main Tamadoge game launches.
The primary game will employ this puppy version. It will expand and change as players compete against various foes and other players in the game.
The Rare and Common NFT collections will also be released by Tamadoge in the upcoming months.
