Is Tamadoge The Next New Binance Listing? TAMA Price Pumps 20% Amongst Tier 1 Exchange Hype
Tamadoge (TAMA), the crypto token that power’s the Tamadoge dog-meme-inspired web3 gaming ecosystem, has been pumping in the last few days.
Since hitting record lows at $0.01 earlier this month, TAMA has pumped a stunning 50% to rise above $0.015.
27% of that pump came in one day (last Friday) amid hype that the cryptocurrency will soon be listed on a major tier-one exchange like Binance.
Indeed, Tamadoge’s official Twitter account has started teasing a major tier-one exchange listing announcement which is scheduled for the 24th of April.
Tamadoge’s latest pump means it has broken well and truly out of a downtrend that had been in play going all the way back to the February highs in the $0.023 area.
Assuming the upcoming announcement on the 24th of April is a listing on Binance, as many are now hoping, TAMA should be able to back towards these February highs and muster a break above its 200-Day Moving Average at $0.021.
According to analysts at Cryptonews.com, exponential gains perhaps even in the region of 100x are possible for TAMA in the coming years.
That’s because Tamadoge still has a very small market capitalization compared to other comparable meme coin projects of only around $15 million, despite showing great signs of early growth/adoption and despite arguably having much more utility than some of its more established competitors like Dogecoin and Shiba Inu.
With Tamadoge’s gaming ecosystem already attracting around 22,000 players per month, even though it remains at very early stages of development, TAMA’s upside potential is big.
During the next/current crypto bull market cycle, if those numbers keep shooting up alongside broader crypto valuations, there is no reason why Tamadoge can’t become a billion-dollar market
Read more on cryptonews.com
