As the price of Axie Infinity falls, the Tamadoge memecoin becomes a better option, trading 19% higher at $0.0176. This has been boosted by the announcement that their first game, Super Doge, will be released this week.
Currently, the Tamadoge universe has five games in beta in its Games Arcade. Thanks to that, it gets a higher degree of utility compared to the rest of the meme coins that only create speculation.
Indeed, TAMA is on track to be the main reference for memecoins due to the leap in quality it is taking in the sector. Your goal is to also differentiate yourself by the value of your token.
The reference play to earn: Axie Infinity, grew by 33% in the last 7 days
Interest in the Tamadoge memecoin may be fueled by the performance of the Axie Infinity token, famous for its play to earn mode. Thanks to that, it allows to redirect the attention of investors and traders in those currencies with P2E game projects.
For its part, AXS has increased its value by 33% in the last seven days. However, it was down more than 7% reaching a range below $11. Axie is the pioneer play to earn project, but after the Ronin Bridge was hacked for more than $650 million, the price plummeted and many users abandoned the game.
However, today the signs seem to indicate that the trend could change, thanks to a revamped game that has fixed major flaws in the original, where it focused on attracting speculative money.
The original Axie game also focused on bringing users into repetitive and monotonous gameplay. At that point, rewards were obtained via Smooth Love Potions (SLP) in-game currency.
In a short-term analysis, the unlocking of the 1.8% supply of AXS was met with a price increase on the expectation of a counterproductive announcement. Everything, to avoid a bearish reaction on the part of the market participants. AXS has managed to hold on to most of those gains, reaching a 7-day high of $13.68, but then pulled back lower from there.
Axie Infinity revival and arcade game utility let Tamadoge stand out
Tamadoge is ranked eighth in the market capitalization ranking in CoinMarketCap's memecoin category. At this point, it looks like a much more realistic bet for big returns in the market in the short term.
Returning to the memecoin sector, all the tokens have increased in value in the last 7 days, which has caused enthusiasm in the community. Along with Tamadoge, among other top performing meme cryptocurrencies is Shiba Inu up 12% to $0.00001195.
For its part, Baby Doge Coin increased more than 13%, while FLOKI grew 22% reaching $0.00001181. Then the industry benchmark and largest cap memecoin Dogecoin saw a slight 5% growth at a price around $0.08842.
Meanwhile, Tamadoge is by far the biggest gainer of the last 24 hours. Ultimately, a token will go up or down based on the utility of its product. In that sense, Tamadoge has a wide project to offer. One of its main virtues is the launch of its first game, Super Doge, which will be released this week in its beta phase, according to a publication on the official Telegram and Twitter channel.
Super Doge represents a before and after in the Tamadoge ecosystem.
Thanks to this announcement, the project has managed to capture the attention of a large number of investors who want to deposit their funds and trust in TAMA. According to beta test reviewers, Super Doge is the most skill-oriented game out of the games currently being tested in Arcade.
Therefore, it is a more than intelligent measure on the part of the TAMA team to launch this project first. Also, another determining factor is that it is the most addictive game judging by the game data shared with B2C.
The rest of the four games, whose release is imminent, are Rocket Doge, To The Moon, Tama Blast, and Tamadoge Run. The price advantage for TAMA is potentially 10 times greater in the near term due to the token holding 90% less than its all-time high printed on October 5 of last year of $0.196.
But, it must also be taken into account that investors will have a real product with which they can interact and evaluate the potential of the project. Telegram's announcement of the launch of Super Doge positions Tamadoge as the future of play to earn. Considering the potential of the token, it is a statement that is not far from the reality of the market. It could even be the future of memecoins as we know them.
