Traders Predict This New Cryptocurrency To 83x By 2024 With Its Use Case
Heading into October expert traders speculate the best crypto to buy right now could be a new coin listing set to launch on a tier one exchange.
OKX exchange - known as OKEx prior to early 2022 - will list Tamadoge (TAMA) on September 27 at 11:00 UTC.
OKX will also support TAMA swaps on its cross chain DEX aggregator as of 17:00 UTC - OKX is both a centralized and decentralized exchange, open to worldwide traders.
Tamadoge will be listed at a price of $0.03 with a circulating supply of 1 billion - allocated to its now sold out presale - and a total maximum supply of 2 billion coins.
Tamadoge is the play-to-earn (P2E) rewards token and native currency of a new crypto game app, with added move to earn (M2E) features. Alongside other arcade style games, part of its roadmap allows players to walk their NFT dog in an augmented reality metaverse, the 'Tamaverse'.
Our expert traders have compared it to another popular cryptocurrency that exploded earlier this year, STEPN (GMT) - the native token of a M2E app for walkers and joggers.
Our analysts reported this month on the Tamadoge presale raising more than the STEPN ICO - which raised $9.2 million - within the space of four weeks. Over the full eight weeks of its token presale, Tamadoge raised $19 million.
Following its initial coin offering, GMT went on to achieve a $2.5 billion live market cap at its peak - its bull run lasting from early March (its Binance listing) to late April.
In order for TAMA to potentially be the next cryptocurrency to explode to that valuation after its ICO, it would need to increase its live market cap - which will be $30 million at launch - by 83.3x.
Our analysts noted on our 'is Tamadoge the next GMT' analysis piece that unlike STEPN, TAMA is deflationary.
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