Tamadoge Presale Hits $19M Hard Cap Despite Bitcoin Price Drop

The most talked about token presale of 2022 may have become a flight to safety for some investors in the face of crashing crypto prices.

A few hours ago the Tamadoge (TAMA) presale sold out, raising its target of 19 million USDT in choppy crypto market conditions.

At press time Bitcoin is down 6% in the past 24 hours, dropping to an intraday low of $18,670 on Binance.

Tamadoge Presale Timeline

The Tamadoge token presale began July 25th, 2022 with a beta sale, during which the TAMA price was on discount at $0.01.

That caught the attention of Yahoo Finance who praised its utility and appealing use case:

Unlike most so-called memecoins, Tamadoge has been designed to have real utility. It serves as the native currency of a games platform populated by virtual Tamadoge pets. Owners can mint, breed, and battle Tamadoges to level up. Tamadoge has been designed to make Play-to-Earn fun, having drawn lessons from the mistakes of early P2E games.

Yahoo Finance went on to review Tamadoge twice more, around the $5 million and $8 million milestones.

CNBC also featured Tamadoge at the $15 million mark:

The fact that its presale performance has exceeded that of Ethereum and popular move-to-earn platform StepN is an excellent indicator of future growth potential. Some experts predict a 10x growth by 2023, while others are slating a 50x price spurt. Tamadoge also scores big on the trust factor, with CoinSniper carrying out a full KYC on its founding members and a ‘100 percent secure’ label from the Solid Proof audit. 

The Tamadoge presale had originally been expected to run into the fourth quarter of 2022, but in total sold out in just under eight weeks.

Tamadoge Crypto Exchange Listings

The next phase will be investors claiming their TAMA tokens – a full announcement on how to safely do so is set to be made on September 20th, on the project’s official Telegram and Discord (admins will not DM you first, beware of scams). 

Optionally, investors can also opt to receive updates via email – although that is not mandatory.

Last month LBank exchange confirmed on Twitter their upcoming TAMA listing.

Tamadoge, an ERC-20 token, will also have its initial DEX offering (IDO) on Uniswap.

As the TAMA presale has sold out earlier than expected, the team are reportedly moving forward all Tamadoge crypto exchange listings to take place in the coming days.

CNBC’s mention of this new cryptocurrency token’s 10x potential or higher may have resulted in the last phases of its presale selling out rapidly – in excess of $1 million was raised over this weekend.

New crypto token presales and ICOs can often outperform the market, as investor interest and optimism is highest in the earliest stages of a new crypto project – all eyes will now be on TAMA to see how well it performs on launch day.

Learn more at Tamadoge.io