Guide to buy some of the best dog crypto coins in 2022
By Spotlight Wire | Updated:
Spotlight Wire
Despite originally being started largely as a joke, dog coins have become something of a trend in cryptocurrency, with the best meme coins providing investors with large returns.
Throughout this guide, we’ll be taking a look at some of the best dog crypto coins and providing a guide detailing how to buy our number one pick. Let’s dive in.
Best dog cryptocurrencies - Our picks
Each of the below dog crypto coins is showing massive promise right now. Each has new features being rolled out in the near future and shouldn’t be missed.
The best dog cryptocurrencies - reviewed In order to provide investors with a comprehensive view of the best meme coins, we’ve reviewed three best-in-class assets from the sector.
Tamadoge - Overall best dog cryptocurrency Tamadoge (TAMA) is a dog cryptocurrency with a distinct focus on providing investors with value in the form of utility. To achieve this, Tamadoge has created a unique and engaging play-to-earn game designed to appeal to crypto investors as well as casual gamers. The game sees players raise pets within a beautifully designed Metaverse world named the Tamaverse. Using items from the in-game store, players can level up their 3D-animated pets in order to earn Dogepoints. As a player gains more points, they will work their way up the Tamadoge leaderboard and receive a greater portion of the rewards pool.
Crypto games like Axie Infinity have previously suffered from repetitive earning mechanics that fail to reward people for actually playing the game. However, Tamadoge has ensured that it won’t suffer the same misstep by taking a more casual approach to P2E gaming. By focusing on casual gamers as well as crypto fans, Tamadoge could become the hottest P2E game out there.
Another reason why Tamadoge tops the list of the best meme coins is its strong tokenomics. The project features a fixed supply of 2 billion tokens with a 5% burn rate levied on revenue generated from in-store transactions. This means that over time, TAMA will become far more scarce which should help to bolster long-term price increases. Right now, Tamadoge is in presale with over $5 million raised. While the presale will run until all the allocated tokens have been sold (1 billion TAMA), the price per TAMA will incrementally increase in order to afford early investors better value. As such, it’s worth checking out the project today in order to get the best deal possible.
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With Tamadoge boasting a confirmed listing on the centralized exchange (CEX) LBank and investor demand only growing, Tamadoge is one of the year’s hottest projects. Check it out now and join the Tamadoge Telegram to hear about updates and listings before anyone else (admins will never message first).
Shiba Inu - Meme coin with anticipated P2E game Shiba Inu (SHIB) is one of the best meme coins on the market. It has become massively popular over the past couple of years as the development team has consistently announced new features and advancements.
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Initially, the majority of the utility offered by Shiba was derived from the ShibaSwap decentralized exchange (DEX). On ShibaSwap, users can trade a wide range of tokens but that’s not all. The DEX also allows investors to earn rewards by providing liquidity and staking. Furthermore, Shiba fans can vote in the Doggy DAO to decide on future updates.
With Ethereum suffering from steep gas fees when the network comes under load, this next feature could be a big hit. While the release date is currently unknown, the creator of Shiba has announced Shibarium, a layer-2 network built to facilitate cheaper and faster transactions on the Ethereum network. After release, SHIBA tokens will be migrated to Shibarium. Shiba Inu’s long-awaited card game, Shiba Eternity, has now been released in Vietnam. While still in its testing phase, the worldwide release is expected for some time in September. The project has been developed alongside AAA game developer PlaySide Studios and has reportedly been far more popular than expected.
With the release of all these features on the horizon, it’s no surprise that Shiba Inu pumped significantly on August 14th. Once Shiba Eternity is fully released it’s likely we’ll see another large pump, so it’s worth stocking up on SHIB ahead of time by using the link below.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
Dogecoin - Original meme coin with new update Dogecoin (DOGE) is the largest and oldest meme coin on the market. Despite originally being launched as a joke, the token soon grew to become a top 10 crypto project, thanks in large part to the promotion from Elon Musk. Dogecoin is often regarded as the best cryptocurrency project within the meme coin sector. It rose to fame thanks to Elon Musk publicly discussing the project on his Twitter account. He even went as far as announcing that DOGE would soon be an accepted payment method for SpaceX merch, which expectedly caused the token to pump by almost 10%.
Dogecoin is still receiving continuous updates with the most recent Core 1.14.6 update going live on July 21st. Unlike networks like Ethereum, Dogecoin supports live, on-the-fly updates. This new release was primarily quality of life and security updates. Fees were also reduced, with the recommended dust limit dropping from 1 DOGE to 0.01 DOGE. All in all, there’s a reason why Dogecoin is the most popular meme coin on the market. It has performed well in recent months and with the backing of Elon Musk, there seems to be no limit to its potential.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
How to buy the best dog cryptocurrency? Buying crypto can be difficult but it doesn't need to be. We’ve outlined precisely how to buy Tamadoge below.
Step 1: Register with an exchange To participate in the Tamadoge presale, an investor needs to first purchase Ethereum. It can be bought from a regulated exchange like eToro or directly from the Tamadoge website using a credit/debit card. Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
Step 2: Deposit and buy ETH Once an eToro account has been created, press ‘Deposit Funds’, decide how much to invest, and press ‘Deposit’. While the funds should arrive promptly, first-time deposits can take a short while longer. Next, search for ‘ETH’, press ‘Trade’, choose how much Ether to purchase, and press ‘Open Trade’. Step 3: Create crypto wallet and withdraw ETH After making the purchase, download the MetaMask browser extension or mobile app and follow the on-screen instructions to create a cryptocurrency wallet. Make sure the wallet is connected to the Ethereum network once more, and then use the eToro money wallet to transfer ETH from eToro to MetaMask. Step 4: Connect wallet and buy TAMA Lastly, head over to the Tamadoge website, press ‘Connect Wallet’, choose MetaMask, and confirm the connection. Next, click ‘Buy Tamadoge’, decide how many tokens to purchase (1,000 TAMA minimum), and press ‘Concert ETH’. As soon as the presale has concluded, the TAMA tokens will be available to be claimed on the Tamadoge website. Conclusion Dog cryptocurrency projects might be viewed negatively by ‘serious’ investors, however, in reality, the best meme coins present some of the best opportunities within the crypto market. After analysing some of the top projects, we reached the conclusion that Tamadoge offers the most potential and the best value for investors.
Disclaimer - The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
