Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Tamadoge (TAMA) bounced over 30% today and flipped the market capitalization of several of the top 10 meme coins - TAMA today has a live market cap of just over $28 million (priced at $0.027 per token with a 1.01 billion circulating supply).
At press time CoinMarketCap's meme cryptocurrency rankings are:
Tamadoge will rank approximately fifth or sixth if it can continue its bullish uptrend, once CoinMarketCap updates that list.
Tamadoge was tracked on CoinMarketCap just three days ago following its September 27th launch on OKX exchange.
Tamadoge has several current and upcoming listings, announced via their Twitter and YouTube:
The Tamadoge team have also submitted a Binance application - listings there come with strict volume requirements, but new cryptocurrency Tamadoge has shown high growth potential in its first week already.
Holding at around the three cents level is a show of strength given the current macroeconomic conditions and crypto bear market - on the day of Tamadoge's OKX listing, the Bitcoin price dropped $1k in a single four hour candle amid the Nordstream pipeline explosions.
Crypto prices are now bouncing back, with Bitcoin pumping to an intraday high of $20,170 today as the market expects the Fed to potentially pivot away from quantitative tightening.
The first Tamadoge NFT drop is also expected to take place this week, with a countdown timer started on tamadoge.io.
Holders of a high rarity Tamadoge NFT will have an added advantage in the project's upcoming play to earn crypto game - greater speed and agility for their Tamadoge pet.
Today Tamadoge is a top 10 trending
Read more on cryptonews.com