Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Tamadoge (TAMA) will list on OKX exchange Sep 27 at 11:00 UTC and aims to combine the appeal to investors of meme coins like SHIB and DOGE with a P2E game, incorporating metaverse and move to earn mechanics. Is the best new coin listing to watch this week?
New crypto TAMA is the in-game currency and rewards token of the Tamadoge battle app, used to mint virtual pets tokenized as NFTs and earnt by players in its ecosystem. This week Capital.com reviewed the Tamadoge project - another indicator its initial exchange offering (IEO) could perform well.
Tamadoge raised 19 million USDT in its token presale in under two months, from July 25 - Sep 18, attracting a high level of investor interest despite crypto prices trending down - Bitcoin and Ethereum are still trading under $20,000 and $1,500 this week.
That high demand eclipsed most crypto presales, private sales or initial coin offerings (ICOs) of 2021 or 2022 - for example the STEPN (GMT) token sale raised just $9.2 million, which included investment from crypto VCs such as Binance Labs, Alameda Research, Sequoia Capital and other big names.
Coverage in CNBC at the 15 million USDT point may also have helped push the new crypto token's seed round funding over the finish line a month earlier than planned on the Tamadoge roadmap. Yahoo Finance also highlighted TAMA as early as its beta sale.
Across crypto news media, Tamadoge has made headlines in BeInCrypto, Bitcoinist, NewsBTC, The Cryptonomist, ZyCrypto, and others - TAMA combines the most popular sectors of cryptocurrency as a play to earn crypto asset, a meme coin and having upcoming
Read more on cryptonews.com