on the crypto
After a long period of bullish trading, Solana (SOL) moved lower on August 14, with the price hitting the highest resistance near $ 47. Tamadoge's TAMA, on the other hand, is breaking the resistance and is looking for the first quotations on the stock exchange.
Solana will return to zero, experts say
Solana's current price is $ 34,34, with a market capitalization of $ 11,98 billion and a systemic offering of $ 349,12 billion. SOL's overall supply is 511,62 million and the coin ranks 9th in the Coinmarketcap ranking. Solana's current price is 86,58% lower than its all-time high of $ 260,06.
This price is 20,46% lower than the previous seven days, but experts like Evan Van Ness, a famous Ethereum advocate and critic of Solana, argue that Solana could go to zero.
This prediction came after some experts said Solana's price could drop 82%, bringing the price back to the 2021 level. However, this forecast is based solely on Solana's previous performance analysis, which is not the most accurate forecasting method. The huge drop in price is only possible in the event of a drop in the entire cryptocurrency market.
What are Solana's next moves?
Additionally, the recent report released by ByBit states that: Solana experienced strong network growth in the second quarter, despite falling prices. The report states that Solana has seen great growth mainly thanks to the strong performance of GameFi and DAO. According to the report, there has been an increase in NFT market interactions and DAO activities, a strong interaction with GameFi, and a decline in DeFi's market share.
The number of transactions on Magic Eden is more consistent than on OpenSea, and the number of active users interacting with NFTs on Solana is also healthier than on OpenSea.
These are all the results of recent network updates that have improved transaction processing and reliability while avoiding network outages. However, the recent downward trend in prices has left many investors worried about the future of the coin and the cryptocurrency market in general.
Tamadoge secures its first listing on the CEX
However, the biggest winner of the current cryptocurrency market is Tamadoge, the latest metaverse project that will be the next Doge and Shiba Inu. The project is not only the future of the Doge ecosystem, but also of the Play 2 Earn games.
As part of their roadmap, Tamadoge hopes to list decentralized and centralized exchanges. The first listing has already been secured, as the LBANK team announced on August 15 that it would list TAMA on its exchange.
This Play to Earn meta-game, where players can buy, breed and play their Tamadoge pets, appears to be one of the rarest and safest cryptocurrencies to trade at the moment. The fact that Tamadoge has undergone KYC verification by CoinSniper and SolidProof.io verification for smart contracts offers investors security against the risk of theft.
Tamadoge's native token, TAMA, is used to purchase pets and in-game goods, distribute rewards, and for every transaction in the Tamaverse. As part of its roadmap, Tamadoge has announced that it will launch partnerships with the metaverse, Tamadoge P2E Arcade game collections and the Tamadoge Augmented Reality app.
The next meme coin is selling fast. The current presale raised $ 7.157.970,68 and is currently in its fourth tranche, where 1 USDT equals 57,14 TAMA. In the fifth tranche of 100 million TAMA, the price will increase to 1 USDT for 50 TAMA and so on until it reaches 1 USDT for 0,03 TAMA.
The beta pre-sale of this token ended earlier than expected, raising $ 2 million, and if you want buy Tamadoge at the best possible price, this is the best time as the next tranche will have a higher price. Furthermore, there are no fees for transactions with TAMA and the minimum investment is 1.000 TAMA.
