How Coins like Tamadoge Are in the Spotlight on the Crypto Pump

Saying that Terra Luna Classic has had one rollercoaster of a year would probably be an understatement.

First, the crypto reached its ATH ($119) in April, only to collapse nearly to $0 after the black swan event that took place on May 12^th.

While most of the community thought that it was over for LUNC, the stablecoin started showing signs of life once again in mid-August.

Over the last 60 days, LUNC has seen an increase of over 180%, with an 8.8% drop over the past two weeks.

This recent drop was most likely caused by the news that the South Korean government issued an arrest warrant for the founder of Terraform Labs, Do Kwon.

Considering the volatility and controversy surrounding Luna, what can we expect from it in the future? Can the token reclaim its old glory or is it only going down from here?

Experts suggest that it might be better to look at alternatives like Tamadoge.

Buy Tamadoge on OKX Here

 

Terra Luna Classic (LUNC) Price Prediction 2022-2025

At the time of writing, LUNC is priced at $000275 and went through a 1.4% decrease in the last 24 hours. The current market cap stands at $1.9 billion.

In August, Terra Classic outperformed the vast majority of the crypto market and brought nearly 500% profits to summer investors.

For almost two months, LUNC has been able to maintain the $0.00016 range, but is now struggling to once again reach the $0.0003 target.

But even if it does reach it, will it be able to maintain it?

Some experts believe that it will.

The main reason for this is the latest announcement from Binance that stated that the platform would start supporting Luna Classic’s burning mechanism. Analysts took this as a bearish signal.

Furthermore, the CEO of Binance has stated that the platform would also burn LUNC/BUSD and LUNC/USDT spot and margin trading fees.

Fees will first be converted into LUNC tokens and then forwarded to the primary burn address. This means that Binance will cover all the expenses, not the users on the platform.

The crypto community believes that this information will prompt LUNC into another bullish trend that will increase the price per LUNC token to $0.000362, breaking the $0.00035 resistance for good.

If Terra Classic continues to build on this sentiment, it might even end 2022 somewhere around the $0.0005 mark.

As for 2023, if the crypto market starts steadily recovering, we can expect most cryptos to bounce back to their feet, including LUNC.

However, Luna Classic will have a much harder time reaching any bigger heights considering the controversies that still surround it.

If the token somehow manages to regain investor trust, there’s a possibility that it could end 2023 at a price of $0.0013.

The long-term price (for 2024 and 2025) is harder to determine considering that it’s very likely that Terraform Labs will start focusing only on the Terra 2.0 project.

Some platforms suggest that LUNC could climb back to $0.008 in a few years, but nothing is guaranteed.

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Experts Claim that Tamadoge Is a Better Alternative

 

Even though LUNC has been one of the market’s top performers in August and September, the asset is still miles away from its April ATH and investors aren’t ready to fully trust it again.

Binance has announced their support for Luna Classic’s burn mechanism, which will have an impact on LUNC’s short-term price, but what about the long run?

With Do Kwon “on the run” from authorities and Interpol just launching its own warrant, the future of Terraform labs looks bleak right now.

That’s why analysts believe that investing in other coins could be a much better idea now, at least until the dust with Do Kwon settles.

With that said, the project everyone’s recommending as a suitable alternative is Tamadoge, the latest addition to the meme coin market.

Just a few weeks ago, Tamadoge made headlines in the community by raising $19 million in its presale phase, weeks before the initial target date.

Tamadoge is a deflationary P2E meme cryptocurrency that incorporates a built-in NFT store and its own Metaverse, the Tamaverse.

The project also has one distinct characteristic that sets it apart from other meme coins – real-world utility.

TAMA is the ecosystem’s native governance token and it’s the main currency used for transactions, trading, staking, and other platform activities.

One of the most promising aspects of Tamadoge is that it has all the needed ingredients to dethrone Dogecoin and Shiba Inu as the leader of the meme coin market.

For instance, it solves the issues these two meme coins are having with high supply and limited utility.

The P2E game is one of Tamadoge’s main selling points and it revolves around taking care of digital Tama pets that come in form of NFTs.

Players can mint Tama NFTs to get these pets, after which they buy them food, clothes, and accessories, and train them for fights in the battle arena. The concept is loosely based on Tamagochi, the popular 90s pet game.

By winning battles and completing missions, players earn Dogepoints and win rewards from the game’s Dogepool.

Since Tamadoge sounds a bit too good to be true, it’s worth mentioning that the project is 100% safe and “rug pull” free – it was KYC’d by CoinSniper and audited by SolidProof for smart contracts.

Buy Tamadoge on OKX Here

 

Excellent First Day of OKX Listing Strengthens the Positive Sentiment

A few days ago, Tamadoge landed its first major CEX/DEX listing on the OKX exchange and the first day went spectacular for TAMA.

In only one afternoon, Tamadoge nearly reached a trading volume of $100 million and more than 230 million tokens have been traded.

TAMA tokens can be purchased on both CEX and DEX OKX platforms, so if you’re having trouble with one, you can use the other as an alternative.

First-time OKX members even have a chance of winning a $10,000 mystery box and all it takes is a $50 deposit.

The price per TAMA token currently stands at around $0.022, which is great considering that the project is still in its infancy.

Over the next few months, investors can look forward to numerous other CEX/DEX listings (LBank is already confirmed) and a variety of features like the Tama pet store (scheduled for Q4 of 2022).

All of this will likely have a huge impact on the price of Tamadoge, which is why experts are suggesting that now is the best time to get in on the project and capture the low price until it explodes.

Some analysts suggest that even 50-100x returns by the end of the year are possible.

Buy Tamadoge on OKX Here

 

The Verdict

Terra Luna Classic had its fair share of success over the last month or so, but its shady history and controversial founder are preventing it from really exploding and reaching new ATHs.

While it might be an interesting project for speculative trading investors, it doesn’t really hold much potential for the long term.

With that said, Tamadoge is looking like a far better alternative at the moment.

Cutting-edge tokenomics, utility, NFTs, Metaverse… Tamadoge has all the features necessary to succeed in the volatile crypto market.

If the predictions for Tamadoge to explode by the end of the year come true, you’ll regret not capturing the current price of TAMA tokens.