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The Floki Inu(FLOKI) Rose by 7% Before Falling Again – Invest in Tamadoge for Long-Term Gains
2022/08/23By: C, Fiona
One of the several meme coins released towards the end of 2021 was called Floki Inu. The company behind the meme coin ran aggressive marketing initiatives to increase its value and user base, claiming that it was superior to other cryptocurrencies like Dogecoin and Shiba Inu. FLOKI, however, has fallen dramatically during the recent bear market, shedding about 96% of its value since reaching an all-time high in November of last year.
Price fluctuations impact Floki Inu (FLOKI)
The price of FLOKI has decreased by 35% over the past week. Meme coins were worth $0.00001057 as of this writing. Given that FLOKI’s market size is only about $94 million as of this writing, it is one of the low cap cryptocurrencies.
Floki Inu, like many meme coins, has a massive quantity of 10 trillion coins. Because there isn’t enough of a demand for the currency, its price is held down by the plenty of supply. There is also a discernible decline in the market value of this coin.
The Floki Inu team ran a massive advertising effort when the token was first released. But now that the hype has calmed down, the token’s value may start plummeting rapidly.
The supply of all meme coins, however, is not infinite. The tamadoge cryptocurrency is one of the most recent meme coins to enter circulation. Its scarcity and limited use make it more valuable than alternative meme currencies.
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Pre-sales for Tamadoge have already exceeded 50%
The reliability of tokenomics is an essential part of Tamadoge. There will never be more than 2 billion tamadoge in circulation. Tamadoge is distinctive because its supply is capped, allowing it to potentially appreciate in value over time whereas other meme coins’ vast supply limits its growth.
You may make money while having fun on Tamadoge. Over the past year, interest in crypto games has skyrocketed. With its strong foundations and well-defined path to success, Tamadoge’s native token, TAMA, has the potential to generate enormous profits for its investors.
Tamadoge is a P2E platform where gamers can breed, fight, and mint doge creatures. Players can earn TAMA tokens as a reward for their in-game achievements by moving up the leaderboard.
The unique nature of the meme coin in that it brings the meme coin community into the booming play-to-earn space has resulted in a large amount of interest in the current presale for Tamadoge. Over half of the TAMA presale has been purchased as of this writing, raising a total of $6,844,428.
The project is also being openly documented by Tamadoge. On August 25th, it will host an AMA (Ask Me Anything) session for the public. Investors can ask questions regarding the coin and the project during the AMA session. This AMA session is being broadcast on Tamadoge’s own channel, which has over 27,000 subscribers.
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