Can Elon Musk’s tweet determine the fate of Dogecoin and other memecoins?

How strong is the power of the words of certain people, and how much influence they can have, we can see very well in the example of Elon Musk and his attitude towards one of the memecoins, Dogecoin.

But before we get to that, let’s just say a few words about Dogecoin itself. No matter how involved you are in the crypto world, regardless of whether you are one of the investors or you are not even sure what cryptocurrencies are, you must have met Dogecoin at least once, and maybe you didn’t even know what it was about. Namely, Dogecoin is a cryptocurrency characterized by the fact that it has the image of a Shiba dog. 

Apparently there are other memecoins like Tamadoge, which show a big promise to be the next Dogecoin. Today we’ll be learning more about Tamadoge, why it could surpass dogecoin, and why it could potentially be the best crypto to go on Elon Musk’s tweets now. 

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How did Elon Musk’s Dogecoin Tweet affect the fate of this cryptocurrency?

So, what are the consequences of the Elon Musk Dogecoin Tweet?

The value of Dogecoin, after Elon Musk’s tweet, jumped by a whopping 8 percent. How is it possible? Well, as we mentioned, certain people have an incredibly large influence, and most of the things they say on social networks leave a big mark and influence. It was the same with Dogecoin, which, like a certain number of other cryptocurrencies, experienced a certain drop in value a few months ago. However, after Elon Musk tweeted that he would continue to support Dogecoin, regardless of the unfavorable outlook for this cryptocurrency at the time, the situation quickly turned in Dogecoin’s favor, and instead of the number of investors continuing to fall, the number started to grow.

Many will say that Elon Musk’s Dogecoin tweet was purposely created to keep Dogecoin alive in what were, at the time, unfavorable circumstances. Many were also suspicious of this tweet, suggesting to him that he should buy Dogecoin when he already believes in it, to which he replied that he certainly does and that he bought it.

In addition to Dogecoin, Musk stated that he also owns Bitcoin and Ethereum, but it can be concluded from his tweets that this first cryptocurrency is his favorite.

What is interesting is that according to the crypto news tracker Decrypt, there are no indications that Musk owned Dogecoin in the period from 2018 to 2019. So, until 2019, when the first Elon Musk’s Dogecoin tweet appears, suggesting that Dogecoin is “pretty cool” and that it could become his favorite cryptocurrency.

Thus, with his tweet about Dogecoin, Musk certainly made an excellent marketing move and influenced the increase in the number of his investors. But, on the other hand, the fact is that there remains a huge number of those users who are suspicious and distrustful, and who are clear that Musk’s tweets are nothing but marketing. Precisely because of this, that large number of people decide to invest in something else, in another coin. One of those potential coins that can be invested in at the moment is certainly Tamadoge.

What is Tamadoge?

At the moment, there is a huge hype among those who follow and enter cryptocurrencies. Namely, recently, a new cryptocurrency project appeared that seems extremely interesting and tempting for investment, and it is the so-called Tamadoge.

And if you are wondering what is the thing that makes Tamadoge special, we need to mention that one of these things is certainly the fact that Tamadoge combines meme coins with play-to-earn gaming mechanisms.

There is every chance that Tamadoge will become one of the best, if not the best, meme coins on the market in a very short period! Yes, the predictions are that Tamadoge will eclipse even the old glory of Dogecoin. Therefore, not even the aggressive marketing campaign that Elon Musk leads on Twitter for Dogecoin will be able to block and slow down the success of Tamadoge. In the rest of the text, we will share all important and relevant information related to Tamadoge and the Tamadoge ecosystem.

Tamadoge ecosystem

Tamadoge ecosystem consists of 3 important parts:

  •         Tamadoge Pets
  •         Tamadoge Store
  •         Dogepoints

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Tamadoge Pets

As a user and player, you can participate in the Tamadoge universe by purchasing Tamadoge pets. Tamadoge pets are actually avatars that are created to resemble dogs and are minted as NFTs.

Each of these pets is created in such a way that it has certain weaknesses but also certain strengths. What is interesting is that you “meet” these pets while they are still undeveloped, that is, while they are actually babies, and you are by their side during their growth and development. So, in a way, you are like a parent to them, you take care of them until they grow up and mature. Then when they grow a little and get stronger, that’s when things get even more interesting. Then, your pets can battle other pets in Tamadoge’s turn-based battling arena.

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Tamadoge Store

In the Tamadoge universe, the official token is TAMA and by using it, you have the chance to purchase in the Tamadoge Store. So, the Tamadoge universe offers its users a Tamadoge Store where the Tamadoge pets we’ve just mentioned can be accessed and bought with the help of TAMA tokens. Also, in the Tamadoge Store, various accessories and features can be provided. In the Tamadoge Store, you have the chance to buy food, clothing, and other necessities for your Tamadoge pets, using TAMA tokens.

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Dogepoints

And, the third thing that should be mentioned as important in the Tamadoge universe, besides Tamadoge Pets and Tamadoge Store, is certainly Dogepoints. Dogepoints are a very important part of the Tamadoge universe, and as a user, you can get them by taking care of your Tamadoge pet, but also by battling and moving up the leaderboard. It’s very simple math, the more effort you put in, the more Dogepoints you get. In Tamadoge’s turn-based battling arena, after your pets become mature, you can earn these Dogepoints. Of course, you’ll earn those Dogepoints when your pets win battles.

When you earn Dogepoints this way, you will climb the leaderboard. It is also important to mention that in the Tamadoge universe there is something called Dogepool. Dogepool is “filled” with funds from purchases in the Tamadoge Store, and if you are lucky enough to be on top of the leaderboard at the end of the month, you will be rewarded with TAMA tokens from this Dogepool. Interesting, isn’t it?

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Is it a good idea to invest in Tamadoge?

Now that we know what the Tamadoge universe is, what are its most important parts and how it actually functions, it would not be a bad idea to address the question, is it wise to invest in it at all?

Why should you invest in Tamadoge Coin?

As you know, meme coins provide an opportunity to make a significant income with not-so-big investments. However, there are several other reasons why it would be wise to invest in Tamadoge.

First of all, what attracts a large number of users is certainly the fantastically created play-to-earn mechanics of the project, which enables both earnings and a great potential for additional rewards.

The second reason is the integration with metaverse, that is, Tamaverse, which will enable users to fulfill the most diverse needs.

And, one more reason, is certainly the integration with NFTs. So those who want to enter NFTs can do so within the Tamaverse ecosystem.

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Tamadoge Price Prediction

If you are one of those people who follow the trends in the crypto world, then you probably know that a large number of those altcoins that experienced incredible success achieved that success through the presale phase. This is exactly what is expected when it comes to Tamadoge.

Presales actually assume selling tokens directly to investors to raise capital for further expansion. So, at this stage, presale investors have the chance to buy 10,000 TAMA tokens for an amount that is approximately $100, which implies that the price of one TAMA token is approximately $0.01. Of course, this price is not final, as there is huge potential for its growth.

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How to buy Tamadoge

Now that you have at your disposal all the important and necessary information related to Tamadoge, you are probably already on the threshold of making a decision on whether to invest in it. If you are already sure that Tamadoge is good to invest in, the question arises, how to buy Tamadoge? It’s a fairly simple process and we’ll now explain how to do it, step by step.

Step One: Set up a Crypto Wallet

Just like when you decide to buy any other cryptocurrency, you must have a Crypto Wallet to buy Tamadoge. There is a really large selection of crypto wallets that you can use, and one of the easiest to use is definitely MetaMask. What you need to do is go to the MetaMask website, click the Download button, and simply download your crypto wallet and follow the instructions for setting it up.

Step Two: Purchase ETH or USDT

For purchasing TAMA, you first need to have ETH or USDT in your crypto wallet. You can purchase ETH or USDT using some of the existing crypto exchanges, but you can also purchase it through the Tamadoge presale platform. For doing that, you can use your credit or debit card.

Step Three: Link your Crypto Wallet to the Tamadoge Presale Platform

Here, you simply need to visit the official website of Tamadoge. There, you will see the “Buy” button that you need to click on. After you’ve done that, you need to click on the “Connect Wallet” button that will appear on the following page. After that, you need to choose your wallet provider, and follow the additional instructions to link.

Step Four: Buy Tamadoge

Now, you need to insert the amount of the TAMA (Tamadoge tokens) that you want to buy but keep in mind that the minimum is 10 000. After you’ve entered the amount of TAMA that you want to buy, you need to click on the “Convert ETH” or the “Convert USDT” button. Then, you only need to confirm the transaction.

Step Five: Claim Tamadoge Tokens

The last thing that you need to do is to claim your TAMA coins and you can do that after the presale has concluded. Simply click the “Claim” button on the Tamadoge website’s homepage.

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Conclusion

We, as participants in this modern age, have the opportunity to use everything that the modern age has to offer. So, in addition to everything else, we can also decide to use some of the many things that the crypto world has to offer us. There are really many reasons for entering the crypto world. Some people decide to enter and invest in it out of pure material interest, some because they like to try out new things, and some simply want to fill their free time with something interesting. Regardless of which group of people you belong to, if you have decided to dive into crypto investing, a new question arises, what to invest in? A blind mass of people will listen to Elon Musk and do the same as he did: invest in Dogecoin. There is a huge chance that exactly that group of people who blindly follow his advice will make a big mistake because it is more than obvious that in this case it is planned marketing. On the other hand, there is also a group of people who, instead of listening to the recommendations of others, prefer to “listen” to the crypto market, and come to a conclusion on what it would be wise to invest in. That group of people, following the current situation in the crypto world, will rather invest in Tamadoge, which is currently described as one of the best cryptos that can be invested.

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