Article 63KEP Bitcoin Plunges Below $22,000 Following August Inflation Report

Bitcoin Plunges Below $22,000 Following August Inflation Report

by
Renee Johnson
from Techreport on (#63KEP)

The worst nightmare that crypto investors imagined happened last week. The value of Bitcoin dropped by 8% last week, which is below $22.000. This currency is the new lowest price since the crypto crash happened in May. However, investors have expected a slight growth primarily thanks to the money pump from big investors. Unfortunately, it was not a long-term boost in the price, and Bitcoin could drop below $20.000 next weekend. Experts have a lot of reasons to believe in that scenario.

Bitcoin entered 2022 with a price of $50.000, which constantly grew to almost $70.000 in May. The crypto crash in May dropped the value to $30.000, and it slowly went down to the current price below $20.000. There are predictions that it will not go over $22.000 shortly. The following weekend could be the most important for this currency when two significant changes happen. Due to these changes, investors should consider investing in more stable currencies. The best coin to finance now is Tamadoge, the new P2E game with a high potential to increase value quickly.

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Bitcoin price prediction

Although Bitcoin has been made to be less volatile and still free from the effect of fiat currencies, it is not that independent from the changes in the real world. Starting from the war in Ukraine, the energetic crisis, and inflations, there have been a lot of causes for drops in the value of Bitcoin. Experts claim that inflation in May has affected the crypto crash and created a real roller-coaster on the crypto market. The same could happen again this weekend.

It is expected that the Federal Reserve will increase the interest rate, which should stabilize the market, but could cause slight inflation. On the other hand, Ethereum Blockchain is planned to turn proof-of-work into proof-of-stake investing models, which will cause another shock to the volatile crypto market. It is expected that Bitcoin could drop by 10% this weekend, followed by Ethereum with an expected price below $4.000.

The predicted price of Bitcoin shows that it is not a safe investment, and it is something that experts advise their clients. However, there is a currency you should consider for long-term investment because of its attractiveness and high potential to amuse gamers to stay devoted to the game in the long term. It is Tamadoge, a new superior meme coin with powerful potential to increase the price quickly. More than 20k buyers have already recognized the promising potential to double your money long-term.

Buy Tamadoge on Presale Now

How to find TAMA?

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As numerous buyers have already recognized this model for investing, Tamadoge has become overall the best coin to invest in now. Numbers prove that investors have recognized this high potential, so they have raised $15.5 million in only 6 weeks. They have sold almost 1 million tokens, half of which they planned to sell at the end of the presale.

As they said, less than 5% of planned tokens in presale left, and the price whooped at the beginning of each stage. Currently, it is $0.0025 lower than it will be in the next stage, so hurry up to jump on this train. You can learn more about Tamadoge and its native token TAMA on Twitter, where already 60k followers track the news about it or become one of more than 20k members on Telegram.

The game's base is feeding, nurturing, and growing the pet, which you can buy in a particular store inside the game. The store will offer all essential additions for your pet, including cloth, food, and necessities. Gamers will be able to create unique pets and avatars and sell them as NFT tokens, also inside of the game. The best part you can earn from battling with other pets, which will move up on the leaderboard and win the prize. Finally, you can make money by luck on one of those fantastic giveaways. One of them is on the site, and you can win $100.000 if you buy TAMA now.

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How to buy TAMA?

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Regarding why you buy tokens at this moment, you will not pay any taxes and fees during the presale, so do not miss this opportunity to buy TAMA for a very affordable price.

STEP 1

To begin, make sure you have a MetaMask wallet installed on your browser or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).

Purchasing on a desktop browser will give you a smoother purchasing experience. For this, we recommend Metamask.

If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).

STEP 2

Once you have your preferred wallet provider ready, click Connect Wallet" and select the appropriate option. For mobile wallet apps, you will need to select Wallet Connect."

You will then have three options by ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transat.

You will then be able to use this ETH to purchase TAMA. Click Buy Eth With Card" to begin and follow the on screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase.Buy TAMA With ETH.

Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) and then click Convert Eth".

Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas.Buy TAMA with USDT. Please ensure you have at least $15 of USDT in your wallet before commencing the transaction.

Type in the amount of TAMA you wish to purchase (1,000 minimum). Click Convert USDT". You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Please ensure you go through both approval steps in order to complete the transaction.

STEP 3

Once the presale has concluded, you will be able to claim your TAMA tokens. We will release details closer to the time, however you will need to visit the main site https://tamadoge.io and click on the gold Claim" button.

Tamadoge Contract

Use the contact information below to add the TAMA token to your wallet.

Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8

Decimals: 18

Token symbol: TAM

Tamadoge is KYC'd by Coinsniper, so it is in an anti-rug pull and safe for investors. The smart contract is audited by Solid Proof as an added security for all the investors, even those not exceptionally experienced in these games.

Buy Tamadoge on Presale Now

Conclusion

As we know that Bitcoin has changed the market, and given the new investing model, we also know that it is a highly volatile currency now. According to experts, we should expect a dramatic fall this weekend. Although some experts claim that Bitcoin will have the value of $100.000 at one point, we cannot be sure of that prediction, nor when it will be possible. Investing in new gaming models is much safer, especially those that have provenly jumped on the list in a short time. The currency that shows the high potential to multiply your money is Tamadoge, a new rising star in the crypto sky. Hurry up and be ready for massive gains.

The post Bitcoin Plunges Below $22,000 Following August Inflation Report appeared first on The Tech Report.

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