This high-risk altcoin is under the radar and definitely has the potential to 100x. Will be listed on CoinGecko in the upcoming days. No fomo. Not FA.

Intro: MAMA is a decentralized reserve currency on the Polygon network, backing the metaverse and Gamefi projects.

Thesis: It seems like MAMA got a similar mission as PAPA but is built on Polygon rather than Avalanche. PAPA’s market cap is at ~10m whereas MAMA is at ~200k, so definitively a long way to go for MAMA. With Polygon becoming increasingly popular with over 3000+ dapps last year, there’s a high chance that it would become the key backbone and infrastructure for many Defi and Play to earn gaming projects going forward. Not to mention with the recent craze revolving around metaverse, this just plays to MAMA’s strengths as more projects are migrating to polygon such as Sand and Decentraland.

Also, $MAMA was launched with a fair launch with no presale on 26 Dec with an initial price of 0.16. It went up to 2.1 before coming back down to 0.8. There is a large wedge forming which might lead to a large run it up sooner or later.

Finally, in terms of fundamentals, they have a solid-looking roadmap despite it being not very detailed. They have continued to execute phase 1 of the roadmap quickly and already launched (4,4) bonds within a few days of launch. Also, they have NFTs lined up to reward active members and keep the community engaged. The only risk is that their liquidity and volume remain low for now as the mass audience has not caught on with this project yet.

Bottom line is that this is a risky play but worth the shot if you believe in both the Polygon network and the metaverse play. Always make sure you do your own research.

Apes. Together. Strong. Your fellow degen.

Website: https://mamadao.coTwitter:

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