Ethereum Merge: What to Expect from the Groundbreaking Move
The Merge" is on the horizon, and it could bring dramatic changes to the cryptocurrency market. What this is referring to is the massive transformation that the second-largest blockchain according to market cap, Ethereum, is about to go through.
The upgrade that's happening across the entire Ethereum ecosystem is going to reduce the energy that's consumed by the blockchain by about 99%, which is very significant. To do this, Ethereum will be moving away from its previous system of transaction verification, known as proof-of-work." That process relied on miners, which relied on massive computing power to complete.
The new system will use an algorithm lottery that will choose who validates and the transactions and wins a token for doing it. Testing is all complete, and it's set to happen in the middle of September.
But, how will The Merge work and what will be the effect on the cryptocurrency marketplace after it happens?
One thing's for certain - regardless of how the Ethereum Merge goes, there's an exciting crypto purchase opportunity out there known as Tamadoge (TAMA). It's taking the world by storm in the meme coin market.
How Tamadoge is Re-defining the Meme Coin Market
Launched in July of 2022, Tamadoge is a deflationary cryptocurrency that's built on the Ethereum blockchain. It's a great combination of the NFT and Play-to-Earn (P2E) markets. In essence, it's a meme coin that has actual utility in the real world, giving it plenty of separation from the competition.
Users can take their Doges and gain what are known as Dogepoints so they can climb the leaderboard. Each month, they can claim winnings from the Dogepool that will only increase their value even more.
Over time, your Tamadoge can grow in value as long as you look after them. In this way, it's very much akin to the Tamagotchi pets of the 1990s.
Investors took notice quickly of the potential of Tamadoge. The Beta sale performed extremely well and is now closed. The presale is still available, though, and should be so through the end of 2022. It's currently in its fourth tranche now.
How to Buy TamadogeSTEP 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 optionsBuy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transak.
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 contract information below to add the TAMA token to your wallet.
Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Decimals: 18
Token symbol: TAMA
What is the Ethereum Merge?Many investors are saying that the Ethereum Merge is going to be the most important even in the history of cryptocurrency. By switching over to the proof-of-stake approach to the blockchain, Ethereum will be much more scalable. Experts believe that it will provide higher capacity for throughput and lower fees for transactions, in addition to being much more energy efficient.
All of these benefits of the Ethereum Merge are leading people to make even more use cases for cryptocurrency that runs on the Ethereum blockchain. This is the thought behind many people investing in Ethereum and other crypto coins that are built on it.
It's another reason why Tamadoge, a meme coin that's built on the Ethereum blockchain, has such a positive outlook for the future.
The Hype Might be Over-HypedThere has been so much publicity around the Ethereum Merge that it has caused Ethereum to rise to new heights, value wise. Over the summer, it hit a high price of $1,984.72 as of August 13. Since then, though, it has dropped considerably.
As of September 5, the price of Ethereum was down to $1,594.43. That's a drop of roughly 19.7%. One of the main reasons for this drop could be the fact that people have already priced in the projected benefits of The Merge. In other words, the value of Ether itself may not go up any higher just because The Merge is happening.
That's why investors need to be very careful about purchasing Ethereum itself based on the projected future benefits of The Merge.
This doesn't mean, however, that you have missed the mark if you want to take advantage of The Merge. Instead, it just means that the opportunities might lay in crypto markets that are built on the Ethereum blockchain, rather than Ethereum itself.
And one of the best options here is with Tamadoge.
Avoid the Hype of the Ethereum Merge and Buy TAMA Before It's Too LateCrypto investors may want to jump in on the Ethereum parade as The Merge is about to happen. But, if they do so, they may be disappointed.
Instead, get in on the ground level of Tamadoge, which is set to completely revamp the meme coin landscape. So, act now before you miss out on this great investment opportunity.
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