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After an incredible rally that saw Tamadoge rising nearly 700% in a week, TAMA has now had a large correction and is sitting in the dip-buying region.
TAMA corrected to $0.06 before rallying back up again and now looks primed for a break out as the ultra-rare NFT collection goes live.
TAMA Corrects But Prepares For Break Out
The price of TAMA hit an all-time high of $0.197 on Tuesday after a week-long rally, which grabbed the attention of traders around the world.
Some analysts suggest that a number of factors pushed the price suddenly downward on Thursday, including early presale investors taking profits and traders “selling the news” as TAMA was added on more exchanges.
It is also possible that the markets were overextended due to the huge rise that occurred in the days prior.
The price is now consolidating above a support level at $0.06,...
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