The prices of meme coins are on the rise, and as a result of this price appreciation the sector’s market cap has touched the $22 billion mark the highest ever.
As the prices of some of the renowned meme coins such as Shiba Inu (SHIB), Baby DogeCoin (Baby Doge), Bone ShibaSwap (BONE), and Tamadoge (TAMA) have also helped the cryptocurrency market to increase in its global market cap.
What makes meme coins unique is their branding power. If meme coins prices grow at the current level then soon these coins will attract the crypto whales to invest in them as the majority of these coins are priced under $1.
Meme Coins Cryptocurrency Journey is Interesting
Initially, these meme coins were developed just for the sake of funds and to control the market sentiment.
For instance, the development of Doge gave Elon Musk the power to manipulate the cryptocurrency market.
However, Dogecoin was never the pick for investors for trading purposes. But, nowadays, it has been monitored by many investors that the majority of the upcoming meme coins are offering a wider range of utility to the investors.
Thereby, meme coins are now possessing the strong benefit of giving lucrative returns to investors.
Moreover, the newly developed meme coins are using blockchain technology to develop useful products that offer other benefits including cash flow.
As the things stand now, meme coins are offering investors the chance to earn as much as 10 x gains or more.
That is why more and more investors nowadays are attracted to invest in meme coins. There is no doubt that Bitcoin lead the revival of the cryptocurrency market in 2023 so far, after the poor 2022.
But, once more the fears of the market entering the bearish trend are mounting. To avoid the risk, investors have started to look at cheaper options with great potential for earning.
That means that investment in meme coins opens up the opportunity of earning 10 x returns. Most recently the price of BONE has increased by 32%.
The price of BabyDoge increased by 82%, Shiba Inu is up by 20%, and Tamadoge has risen by 50% to $0.02201.
Talking of Dogecoin, surprisingly the world’s leading meme coin has seen the least gains by 4.7%. The tokens trading volume rose up-to$2.6 billion.
Why Tamadoge Has Emerged As the Top Meme Coin
As of this writing, Tamadoge ticks all the lines that investors could think of. Apart from offering great potential for return, the coin also offers a strong future road map and also has a wider utility in the market.
The coin is also shutting the critics down by achieving its future road map step-by-step. Most recently Jon Bishop joined Tamadoge as its CEO.
He has previously served as the marketing director of Huobi Global, a famous cryptocurrency exchange.
Tamadoge also achieved another landmark step, a couple of weeks ago as developers developed its first arcade game – Super Doge.
As far as the future is concerned, the developers of Tamadoge have also shared with the community that four more games are yet to be developed.
Developers will soon start working on those games. Another promising project the developers of Tamadoge are working on is the creation of the metaverse.
This is the first project of its kind that will introduce meme coins in the metaverse for the first time.
As far as the price of the token is concerned, just within 24 hours, the price of the meme coin has increased by 10% and it is currently valued at $0.022.
On the technical side, Tamadoge is completing the promises its top-tier management has done to the community. This shows that there is huge potential for Tamadoge’s price to go up in the future.
So, if you want to invest in meme coins, now is the right time and Tamadoge is the right option.