Fresh from its listing on OKX, the price of tamadoge (TAMA) has increased by 5% in the past 24 hours. At $0.02315130, the new altcoin has also risen by an impressive 22% since dropping to $0.01937309 earlier this morning, driven by the news that it has applied to list on Binance.
Having raised $19 million from its presale, TAMA is arguably one of the most exciting new cryptocurrencies on the market, with the meme token also amassing over 70,000 followers on Twitter since opening an account in July. Such momentum helped it earn a listing with OKX, and with its application to Binance submitted yesterday, it may only be a matter of time before it experiences another significant rally.
During its presale, participants could buy TAMA at a discounted price of $0.01. This means that the earliest adopters are currently sitting on a 131.5% gain, made in a matter of weeks.
TAMA gained its first centralized exchange listing on September 27, when it went live on OKX (the fourth-biggest exchange by volume, according to CoinGecko). It reached its current all-time high of $0.02602167 a day later, and while the initial frenzy of excitement has subsided in the past couple of days, it has picked up again this morning.
This is because traders are waking up to the news that Tamadoge has applied for TAMA to be listed on Binance, the world's biggest exchange by trading volume. Needless to say, such a listing would be massive for such a new altcoin, and anticipation of the application being accepted has resulted in a flurry of buying this morning.
Of course, there's no certainty of Binance actually listing the coin, but with OKX already doing so, and with TAMA having had a highly successful presale, there's a very good chance. Indeed, Binance
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