Launched in April 2021 as a “frictionless and yield-generating” contract, it didn’t take long for Bonfire to see its first bull run and a massive price increase.
In just one month, the token saw a 1,700% increase in value and the community was convinced it was the next token to “go to the moon”.
However, due to a variety of factors, the reality simply didn’t live up to the hype and the current price of Bonfire is 99% less than its ATH in May 2021.
This is a fairly common occurrence in the volatile crypto market and Bonfire isn’t the first coin to experience backlash after initial success.
But on the other hand, we also have tokens that have managed to build on their great start and bring huge returns to early investors over time. Tamadoge seems to be the newcomer to this group.
In this article, we’ll check out the Bonfire coin prediction and see how it compares to one of the hottest coins on the market, Tamadoge.
Bonfire Coin Prediction 2022-2025
Before we get into the nitty-gritty details, let’s lay out the Bonfire coin prediction in one comprehensive table.
At the time of writing, the price for Bonfire stands at $0.000000006369 per token. As you can see crypto analysts aren’t very optimistic about Bonfire’s price at the end of 2022.
Not only did Bonfire face (and still does) major issues caused by the severe bear market, but it also doesn’t really have much to offer feature-wise that will prompt an upward spiral.
The developers behind this token aren’t doing much to try and set Bonfire apart from other meme coins currently on the market, which is why many traders are now referring to it as a “shitcoin”.
With no relief rallies and an “echo bubble” pattern, it’s hard to make any rough estimates about how the token will perform in 2023-2024.
There is currently no clear roadmap and there is practically zero utility for Bonfire token holders. Plus, with little to no community backing for the project, it doesn’t seem that the founders are doing much in terms of grasping at straws.
If things change by 2025 and the team behind Bonfire starts introducing new features and use cases, the token could see a bullish momentum that will take the price up to $0.00000002 per token.
How to Find Tamadoge
Before we start comparing the Bonfire coin to Tamadoge, let’s first introduce you to this exciting meme coin that has taken the market by storm in the past few months.
Tamadoge is a doge-themed P2E meme coin.
We know what you’re thinking – another dog coin mimicking Shiba Inu and Dogecoin?
Well, not exactly, Tamadoge comes with some very specific characteristics.
For starters, Tamadoge has something that the vast majority of other meme coins on the market don’t – utility.
Plus, the project has its own Metaverse called “Tamaverse” and it’s a place where players can battle one another, interact, mint NFTs, and much more.
With these two features alone, crypto experts are already forecasting that Tamadoge will surpass its competitors in the meme coin market once it goes live.
This project is loosely inspired by Tamagochi – the popular pet game from the 90s. Just like in Tamagochi, the main goal is to breed digital pets and train them for battle.
These digital pets are unique NFTs that can be traded, minted, and upgraded.
Tamadoge’s native token and primary in-game currency is TAMA, and it’s also used for all transactions and reward distribution. Also, there are no transaction fees on TAMA transactions, which is a rare occurrence in today’s industry.
As we mentioned, the main goal of the P2E game is to train Tama pets for battle. Players that end the month with the most amount of Dogepoints win TAMA tokens from the main Dogepool.
Since Tamadoge is KYC-verified by CoinSniper and audited for smart contracts by Solid Proof, investors don’t have to worry about any “rug pull” danger.
The beta sale for TAMA coins ended just a few days ago ($2 million reached), but don’t worry, you still have a chance to join the ‘early investor’ club.
There is still a TAMA presale in place and it will last until September. However, you should know that the price increases with each stage that goes by, so don’t wait around too long to get your TAMA tokens.
The minimum investment is 1,000 TAMA tokens and there is also a $100,000 crypto giveaway announced for the upcoming period (only TAMA holders can participate).
Combine everything that we’ve mentioned and it doesn’t come as much of a surprise that so many crypto experts are hyped about the release of this project.
How to Buy Tamadoge
Here is the exact guide you can follow for your first TAMA token purchase.
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).
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: Buy 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.
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.
Use the contract information below to add the TAMA token to your wallet.
Token symbol: TAMA
More about Bonfire Coin
Bonfire is a cryptocurrency launched in April 2021 and self-described as a “frictionless, yield-generating contract that allows the user to seek shelter amidst the uncertainty of the market.” The coin was built on Binance Smart Chain (BSC) protocol.
The two main features of Bonfire are:
· Static reward system – There is a 10% transaction fee on every Bonfire coin. Out of that fee, half goes to Bonfire owners as a reward, while the other half is distributed to the main liquidity pool.
· Manual burning program – The team behind Bonfire can choose to burn a certain amount of tokens anytime they want to shorten the maximum supply. Additionally, a portion of tokens is burned each time someone trades Bonfire. The initial supply was 1 quadrillion tokens and almost 50% were burned so far.
Even though these two features do bring some utility, it’s nothing really revolutionary seeing that almost every other meme coin on the market incorporates them.
Bonfire Coin vs. Tamadoge – Which Is a Better Alternative
Although Bonfire coin showed a lot of promise when it was first released, the hype and community backing for it quickly dried out after only a few months.
With no real utility and no exciting features on the way, the future doesn’t really hold much promise for Bonfire.
In the best-case scenario, investors can hope for a 10-20% price increase by the end of 2022.
On the other hand, the situation with Tamadoge is the complete opposite.
Tamadoge currently stands as the hottest presale in the crypto industry and investors are buying it like crazy over the past few weeks.
In fact, in less than three weeks, there is already $2 million worth of TAMA tokens sold out, despite the fact that the project isn’t even released yet.
Unlike Bonfire, Tamadoge has the potential to bring long-term profit and its roadmap suggests that we’ll be seeing plenty of new exciting features in the following months.
Once the presale ends in September, crypto experts predict a 100% ROI already in the first few weeks after the project goes viral.
Additionally, there is a strong chance that Tamadoge will be listed on a few major CEXs by the end of 2022, which will also have a positive influence on the value of TAMA tokens.
Currently, there is no question which of these two tokens is a better alternative – Tamadoge leads by a mile.
After looking at what crypto analysts and experts have to say about the Bonfire coin prediction, it’s safe to assume that this project isn’t expected to bring any huge returns by the end of 2022.
We could expect a better performance in the following years, but only if the founders come up with new features and ways to increase investor confidence in the project.
At the same time, Tamadoge is reaching impressive milestones left and right, and it’s on its way to becoming the hottest meme coin on the market.