TamaDoge New P2E Tamagotchi Drops – Toon Finance DEX Swap Raises 2.8 MIL
There is always a lot going on in the world of cryptocurrencies and meme coins in particular. One moment a coin is up, then it’s down, and then you factor presale and DEX swaps into the mix, you know you’ve got some interesting stories to look into. We’ve got a few of them here regarding a variety of different coins, including TamaDoge and Toon Finance. Read on to get some idea about why these coins are so fascinating and what they can offer any potential investor in terms of both profits and laughs (meme coins were created essentially as a joke, after all…).
Before We Begin…
It’s up to you to decide if you want to put money into meme coins or not. You should keep a few things in mind, though, if you are considering investing in this kind of cryptocurrency.
To begin, many of these coins are made as jokes, which could make them more volatile than other sorts of cryptocurrency. This makes anticipating the direction of their price movements risky, as they might swing wildly in a short period of time. Second, they may lag behind other, more established cryptocurrencies in terms of development and support because they are typically developed as gags. Because of this, investing in them might be riskier. It’s true that potentially large payoffs exist, but only if you’re willing to take on significant risk.
As we’ve said, it’s up to you. There are many investors who have become millionaires overnight due to investing in cryptocurrency and others who have lost it all. The choice will always be yours, and you need to decide whether the risk outweighs the reward – or not.
We can say one thing, though; it’s always an exciting investment!
TamaDoge’s New P2E Tamagotchi Drops
Tamadoge (TAMA) is a recently launched cryptocurrency project that combines elements of play-to-earn (P2E) games, the metaverse, and NFTs to produce an exciting and lucrative ecosystem that has been well received by backers. Since its first presale launch, Tamadoge has raised an impressive $19 million, leading to a TAMA token price increase from $0.03 to $0.197 following the token’s listing on the OKX platform.
For the most part, players of Tamadoge will spend their time in the Tamaverse, a digital environment where they and their 3D-animated dogs can run around and have fun. To enhance one’s part of the reward pool, players must raise their pet’s rank by accumulating Dogepoints and moving up the in-game leaderboard.
Tamadoge recently released a collection of 100 ultra-rare NFTs, the value of which skyrocketed on OpenSea; afterwards, Tamadoge dropped 1,000 rare NFTs, all of which were swiftly purchased by investors in a Dutch auction. The 20,000 Common NFT Collection from Tamadoge has finally been released.
Once the flagship Tamadoge game is released, the Puppy version of the pet will be airdropped to owners of any Tamadoge NFT. While the enhanced statistics of the ultra-rare and rare collections may help players advance more quickly, the entire access to the Tamaverse granted by even the common collection makes the NFTs very potent tools.
When the ultra-rare Tamadoge NFT collection briefly becomes popular on OpenSea, it’s just a matter of time before the common NFTs do the same. Even though there is a larger supply now, demand is expected to skyrocket as the release date of the Tamadoge game draws near. Therefore, it may be advantageous to purchase an NFT in advance in order to lock in the lowest available price.
Toon Finance DEX Swap Raises 2.8 MIL
This next story is a hugely important piece of news for all those who love Toon Finance (and there are many). After raising $2.8 million in presale, Toon Finance Coin has quickly become the most popular cryptocurrency. The currency project is launching a brand-new DEX exchange, which will have a plethora of innovations and an intuitive interface.
The Toonie development team has declared an NFT airdrop with the intention of giving away 1,000 NFTs from a total of 10,000 to the platform’s first 1,000 users. In a move that has sent shockwaves through the cryptocurrency industry, the team has just released a new DEX, which has been covered by news sources as far afield as Japan and Brazil.
There are one billion Toonie tokenamics in total circulation, of which 500 million will be offered in presale. Toon Finance is developing a DEX swap platform where players on the Play to Earn Battle Grounds can trade tokens for other cryptocurrencies. The team is committed to maintaining complete decentralization, and they plan to provide users with several betting, game-playing, and other choices.
There are different ways to trade with cryptocurrencies. You may have heard of trading on margin or using leverage. The second choice is a popular way to increase your profits by exchanging capital.
If you’re new to cryptocurrency, the idea of different ways to trade can be confusing. The Toon Finance coin has also made margin trading easier, which is another great thing about it.
About four months ago, Toon Finance came out on the market. The coin has a lot of potential and gives you a chance to make more money. In the first week, the first presale of the Toon Finance coin also brought in about $3 million.
Why Invest In Meme Coins?
As you can see, there is always something interesting happening when it comes to meme coins, and this might be enough to entice you to invest. However, if you’re still not sure, and bearing in mind our warning to do your research above, there are some excellent reasons why meme coins could be ideal for you.
As with any investment concept, a product or service’s worth and economic value depend on its actual practicality and substance in the market. The buzz around meme coins is likely to wane off, and they will become useless if their value is purely driven by social media sentiment with no genuine economic function. Some meme coins, however, may have a better future than others because of recent developments, some of which we have mentioned above.
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