Why Doge Killer (LEASH) Failed and Tamadoge May Be a Dogecoin Killer

Updated: 16 August 2022

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Doge Killer (LEASH), the dog-themed token from meme-currency developer extraordinaire Ryoshi Nakamoto, is back in the spotlight with a redesigned rebase coin.

LEASH was initially introduced as a rebase token, a contentious type of cryptocurrency that exploits price manipulation to generate short-term benefits. Since then, LEASH has evolved into a ShibaSwap native token, utilized for staking and liquidity.

LEASH was never meant to serve a legitimate role as a meme coin, making it an incredibly untrustworthy investment.

However, with the announcement that LEASH will be the primary cryptocurrency in the Shiba Inu metaverse, its presence may have a purpose.

LEASH was initially supposed to be a rebase token tied to the price of Dogecoin. With just 100k tokens in circulation, it has the opposite appeal of SHIB, which has a considerably bigger supply.

The 100k tokens in circulation also its true allure due to their scarcity and volatility. Dogecoin Killer also has a few whale accounts, drastically affecting its price.

Its price dropped rapidly last year, trading at a little over $2,000 (approximately Rs. 1.46 lakh) before doubling near the end of the month for about a week before beginning to fall again in August.

However, after that, the Doge Killer began only to decrease. Whales, according to experts, had a part in its rapid growth and subsequent abrupt decline.

Tamadoge – The Latest Doge on The Block

Due to its volatility, the investors seem less interested in the newly branded Doge Killer. They are instead focusing on the more promising Tamadoge.

Tamadoge (TAMA) is a new cryptocurrency initiative that provides play-to-earn (P2E) options and in-reward advantages to consumers and investors. Tamadoge is also the native cryptocurrency of the popular Tamaverse, a doge-centric P2E game.

Tamadoge is a multi-utility token that bids buyers a range of use cases, as opposed to LEASH, which has acquired popularity due to its scarcity of tokens and strong social media backing.

For starters, Tamadoge has listings on decentralized and regulated exchanges and a 20% reserve.

Tamadoge is also a deflationary asset because 5% of all tokens spent are burnt, assuring that supply never exceeds demand, improving the coin’s long-term worth.

Another notable aspect of Tamadoge is that it is tax-free, whether purchased or advertised. Tamadoge will only generate money if you use the tokens you earn in the game to buy pet NFTs from the Tamadoge store.

This future Metaverse game has been certified by CoinSniper, the crypto analytics platform, and Solid Proof has performed the audit. Tamadoge is presently available for buying during the presale period.

If that wasn’t enough, Tamadoge has made even more announcements.

Tamadoge: The Play-To-Earn Dogecoin

Here are more compelling reasons why investors are going bullish on TAMA

Tamadoge Tokens

Tamadoge will have a maximum supply of 2 billion units (2,000,000,000). There will be 1 billion tokens circulating during the token creation event, with 400 million unminted and designated for exchange listings.

Furthermore, 600 million units will be available to be coined over a ten-year period to fuel the Tamadoge project.

Tamaverse

Each Tamadoge NFT comes with a completely engineered and animated 3D pet model. Tamadoge NFTs can be incorporated into prevailing metaverse settings because of this.

Tamadoge is planning partnerships that will allow you to walk your pets in the tamaverse as soon as the token is ready. You may even walk your Tamadoge in real life using an augmented reality app.

Tamadoge Animals

Tamadoge has already prepared several enjoyable activities for the Tamadoge pets. They want to create augmented reality software that will allow you to interact with your Tamadoge pet as if it were present in the same room as you.

The web-based game’s Play to Earn elements will be carried over to the app. Users will still be able to compete with their pets to top the leaderboard, but this will be further expanded with other P2E components.

Tamadoge Games Tokens will be provided to users based on their time interacting with their Tamadoge pet. The more you engage with your Tamadoge pet, the closer you’ll get and the more money you’ll make.

You will be able to play and walk with several of your Tamadoge pets simultaneously. You will even be able to develop your Tamadoge pet skills to get the greatest photos to share on social media.