Imagine an initial investment of 2000 euros. While many investors with a serious investment approach need several years to double the 2000 euros, there are also risky assets with a multibagger potential. But if the benefit is 30x instead of 100%, 2000 euros would become a whopping 60,000 euros.
Arguably, such high-risk-reward investments should only be made with appropriate weighting – because, of course, there is no guarantee that an asset will explode in such a way. Otherwise, everyone would naturally invest their savings exclusively in these assets.
The crypto market, where a 30x performance occurs time and time again, is predestined for a far above average performance. New cryptocurrencies that start from a low market capitalization and offer a high upside have the greatest opportunity. In the following post, we take a closer look at a cryptocurrency that could explode 30x by the end of 2022 or 2023. Finally, some indicators point to a massive upside after the presale, where investors can currently still buy the token at a low price.
Now for the potential 30x coin
30x rate explosion: is it possible?
Potential 30x assets are constantly circulating in forums and relevant news articles. But to have a realistic chance of a 30x performance, one should keep an eye on the fundamentals and especially the total market capitalization. For example, if a small project with a manageable target audience already has a market cap in the billions, a 30x performance doesn’t seem like the likely choice, at least in the short term.
Tamadoge: the next 30x coin?
Our coin that could explode 30x in 2023 is Tamadoge (TAMA).
At the end of the presale, the Tamadoge token will have a price of $0.03. With 1 billion tokens sold in the presale, the market cap will then be $30 million. With a 30-fold price explosion, the market cap would explode to $900 million. But is it realistic?
More about Tamadoge
What is tamadog?
Tamadoge targets the meme coin market segment with its concept, although it also focuses on utility. The most valuable meme coins are currently Dogecoin and Shiba Inu with a market cap between 7 and 8.5 billion US dollars. Admittedly, it seems a little ambitious for a new cryptocurrency to dare the comparison with DOGE and SHIB. So let’s take a look at the second row of meme coins.
Comparison with other meme coins
Samoyedcoin (SAMO) is currently number 5 in the CoinMarketCap meme ranking. Around 85,000 people follow the official account on Twitter – Tamadoge reached well over half in a matter of weeks. Basically, it seems very possible that Tamadoge can advance into these spheres. Samoyedcoin (SAMO) currently has a comparable market cap – namely 33 million US dollars. However, SAMO’s massive pump is in the past, while Tamadoge (TAMA) may not have it yet.
At the ATH in October 2021, SAMO was about 25 times higher than today. At the time, the market cap was around $800 million. Assuming that the coins regularly shoot higher in a bull run and that more and more capital flows into the digital currency market thanks to the ongoing crypto adoption, a market cap of USD 900 million for Tamadoge seems fundamentally possible.
These three indicators point to massive upside
For a 30x performance, there are undoubtedly a number of factors that are necessary. Because not every coin will pump for the IDO and some cryptos will simply disappear from the scene. From our point of view, the following three indicators speak for a massive upside.
Strong growth on social media
A coin pump is usually caused and supported by the strong community. Tamadoge was able to gain over 50,000 followers in about four weeks of pre-sales. Analytics website ICOHolder lists Tamadoge’s social media growth as very high. More and more investors are interested in Tamadoge and know the TAMA token, although the scaling of marketing will only be pushed in the future.
Hype thanks to attractive branding around Dogecoin & Tamagotchis
The branding of Tamadoge (TAMA) aims to create a real hype around the new cryptocurrency. Because the choice of name creates associations with Dogecoin – the most valuable fun currency – and Tamagotchis – the iconic toy from the 90s. Tamadoge is the crypto revival of Tamagotchis – just digital, modern and with the possibility to earn money through TAMA Rewards.
Burning Fee creates deflationary tokenomics
Admittedly, we kept the above math simple about what it takes for a market cap to achieve 30x performance. Finally, lack of supply has a positive effect on price – if fewer tokens are available, a higher price can be reached much faster, so a 30x performance does not require a market cap of US$900 million.
All earnings from Tamadoge Pet Store come with a 5% burn fee. The more players trade, the more tokens will be phased out forever. Compared to inflationary coins like Dogecoin, this can cause a massive price increase.
here Buy Tamadoge in Presale