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CoinMarketCap, a leading cryptocurrency listing tool, has attested to the current success rate of meme currencies.
Meme currencies have lately topped the top ten market value list, giving mainstream cryptos a run for their money.
Though Vita Inu does not make an appearance on the top ten list, it has also seen a rise in recent days.
The InvestorsObserver Sentiment Score for Vita Inu has also been bullish over the previous five days.
The Sentiment Score assessed Vita Inu’s performance over the last five days based on volume and price movement.
InvestorsObserver rated VINU as a growing meme coin on Wednesday. The cryptocurrency is up 25.45% to $0.00000001808652532, while the whole cryptocurrency market was up only 0.15%.
Vita Inu is trading close to its five-day high of $0.0000000195402218849949. The cryptocurrency is 7.44% below its five-day high and 34.43% above its five-day low of $0.0000000134545633412802.
The price of Vita Inu is presently above resistance. VINU is possibly in a volatile position if the rally burns off, with support at $0.0000000138663152955164 and resistance at $0.0000000150985367315148.
The Score gives a fast, short-term snapshot of the cryptocurrency’s recent performance.
But despite the new sudden rise, buyers are hesitant about VINU.
Vita Inu Prediction
The Vita Inu (VINU) meme currency is making headlines today as one of the top-performing meme currencies of the week.
Vita Inu meme currency has increased by more than 200% since the beginning of August and appears to be eager to continue doing so.
But the experts describe this specific impulse wave as over-stretched, implying that things progressed a little too rapidly and that we can now expect a price retracement.
At the time of writing, Vita Inu has already retraced towards the 0.618 Fibonacci support range after losing a significant support level of a symmetrical triangle. Ideally, we would expect to see a bounce here next.
Regardless, if the downtrend continues, the next support level for Vita Inu (VINU) is at $0.0000000199. If this level of support is lost, experts have identified a crucial re-accumulation range where they expect it should consider entering.
Overall, analysts predict that the Vita Inu (VINU) meme currency will fluctuate between $0.0000000198 and $0.0000000224 in the next few days before making a definitive downward move.
The 26-day moving average has been dropped, and a retest of the $0.0000000224 resistance level would be incredibly beneficial to observe.
Furthermore, it is impossible to predict what will happen in the short run, especially given the scarcity of previous pricing data.
Technical signs, however, suggest a further decline for Vita Inu (VINU) meme currency here. That is also because Vita Inu is a tiny market cap cryptocurrency that is very volatile.
It is worth mentioning that the daily relative strength index for Vita Inu (VINU) meme coin today hit 74.13, indicating that it is somewhat overbought, which is a negative indicator.
Therefore, investors should be careful and risk-averse following such a vigorous pump, according to analysts.
As a result, consumers should continue to explore and analyze the crypto marketplaces for meme currencies that have yet to appear on centralized exchanges, such as investing in cryptocurrency presales of Tamadoge.
Tamadoge – The Play-To-Earn Dogecoin
Tamadoge – the newest Dogecoin on the block – has recently been the town’s talk amongst the meme currency enthusiasts.
That is because it comes with functionality, unlike other meme coins that just have cute names and logos.
Tamadoge is raising funding for their play-to-earn game, Tamadoge Pet, in which gamers mint an NFT pet and parent it from birth to adulthood.
Tamadoge rewards players with native TAMA tokens via the Play-to-Earn (P2E) mechanism.
The game is partly based on Tamagotchi, a famous handheld game platform from the early 1990s.
Tamadoge places you in the shoes of a pet trainer who must aim to keep the pets healthy and happy as they grow.
Players get rewards for their parenting efforts as they see their pets grow in strength and ability and, ideally, reach the leaderboards.
Pets may also combat one other, and the battle leaderboard and Tamadoge Pet store will be functioning by the end of 2022, per the plans.
Doge points are player incentives and are easily convertible into TAMA tokens.
TAMA tokens amount to 2 billion in total, with half of them available for presale.
The other 45% is being held in reserve to improve liquidity, while the remaining 5% will be burnt to reduce supply.
Furthermore, once the platform is launched and players begin spending TAMA tokens in the game, 65% of all tokens used in a month will be donated to the monthly prize pool and divided among participants.
A further 5% of the quantity consumed will be burnt monthly, resulting in a consistent rate increase. But that is not all.
This future Metaverse game has been authorized by CoinSniper, the crypto analytics platform, and has been audited by Solid Proof. Tamadoge is currently at the presale stage.
The Successful Presale of TAMA
Tamadoge has accomplished another significant milestone, having raised $8.5 million from donors to complete 60% of its presale.
The TAMA token was priced at 1 USDT to 50 TAMA in the most recent (fifth) auction phase.
In the sixth phase, the token price has grown from a rate of 1 USD to 44.44 TAMA, marking a significant milestone for the P2E developer.
Six hundred million tokens were sold out of a total of one billion in the presale, with the price increasing with each token tranche.
The entire supply of TAMA is 2 billion. Less than 40% of presale tokens are currently remaining for purchase, and the allocation is rapidly depleting.
Tamadoge was sold for 1 USDT/100 TAMA (1 TAMA = 0.01) during the inaugural beta sale phase, which sold 200 million tokens.
Since then, further tranches of 100 million tokens have been issued. The token price rises until it hits $0.03, which is three times the initial auction price.
In the seventh phase, 1 USDT will purchase 40 TAMA, which will be the next price to beat.
Time to Diversify Your Portfolio
VINU has shown promising results in recent days. However, given the history of the meme currency, it is uncertain whether it will continue to rise.
Meanwhile, you can diversify your crypto portfolio by investing in amazing opportunities like Tamadoge.
That is because it is believed that this currency will be one of the next top ten meme currencies, with a market capitalization of more than $50,000,000 at some time in the future or during the next crypto bull run.
Tamadoge will be on sale on the Uniswap decentralized exchange (TAMA is an erc-20 network token), followed by a debut on the Lbank-controlled exchange.
You must be aggressive if you want to get your TAMA tokens before they are completely sold out.
More About TAMA
- To participate in the presale of Tamadoge, you must first link your crypto wallet at buy.tamadoge.io
- Website: Tamadoge.io
- Tamadoge contract address is: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
- Security audited: https://tamadoge.io/wp-content/uploads/2022/07/SolidProof-TamaDoge.pdf
- TAMA is an ERC20 token (Ethereum-compliant)
- Get in touch with Tamadoge at: https://tamadoge.io/contact/
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