{"id":539449,"date":"2024-06-24T08:19:46","date_gmt":"2024-06-24T08:19:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=539449"},"modified":"2024-06-24T08:19:46","modified_gmt":"2024-06-24T08:19:46","slug":"new-dog-themed-meme-coin-with-p2e-elements-playdoge-tops-5m-in-parabolic-ico","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/new-dog-themed-meme-coin-with-p2e-elements-playdoge-tops-5m-in-parabolic-ico","title":{"rendered":"New Dog-Themed Meme Coin With P2E Elements PlayDoge Tops $5m In Parabolic ICO"},"content":{"rendered":"
PlayDoge ($PLAY)<\/a>, a play-to-earn (P2E) meme coin, is off to a rocking start, bursting past the $5 million milestone in its presale.<\/p>\r\n\r\n Fundraising efforts started in late May with $200,000 in the bag in mere minutes, and 25x later, it’s evident that PlayDoge has the makings of the next top meme coin.<\/p>\r\n\r\n\r\n\r\n This surge in investor attention could catapult PlayDoge to rival the likes of Floki ($FLOKI) – or potentially even surpass it.<\/p>\r\n\r\n\r\n\r\n PlayDoge stands out because it combines two tremendously popular themes: meme coins and gaming, particularly 90s gaming. It allows users to own a virtual Shiba Inu dog, play with it, take care of it in Tamagotchi-style, and earn its native token $PLAY as a reward.<\/p>\r\n\r\n\r\n\r\n For those looking to get in early before the game launches, the presale is still ongoing, but the price is increasing day by day. <\/p>\r\n\r\n\r\n\r\n Currently priced at $0.0051, prospective investors can still secure their tokens at this low rate before it rises to $0.00512 in the next stage of the presale.<\/p>\r\n\r\n\r\n\r\n For the crypto-initiated, it’s no secret that meme coins have been killing it this year, collectively reaching a valuation of over $60 billion at one point.<\/p>\r\n\r\n\r\n\r\n Meme coins such as Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) have seen massive gains since the beginning of the year with 32.19%, 63.22%, and 702.31%, respectively. <\/p>\r\n\r\n\r\n\r\n Also, Floki ($FLOKI) soared by 336.39%, while Dogwifhat ($WIF) is up by a whopping 550.80%.<\/p>\r\n\r\n\r\n\r\n However, over the past month, these tokens have generally been in the red, with the exception of $PEPE, which has seen a steady 29.3% increase – coincidentally, this is the only non-dog-themed coin in the top five.<\/p>\r\n\r\n\r\n\r\n So while the majority of the canine pack is doggone down, PlayDoge<\/a> is busy cashing in millions.<\/p>\r\n\r\n\r\n\r\n This trend suggests that the market may be seeking a new canine-themed coin that offers more utility, and PlayDoge certainly fits the bill with its Tamagotchi-like gameplay with play-to-earn (P2E) elements. <\/p>\r\n\r\n\r\n\r\n This could explain why PlayDoge recently asserted its alpha dominance with a humorous post on X, as seen below:<\/p>\r\n\r\n\r\n\r\n PlayDoge<\/a> is bringing back Tamagotchi, a beloved 90s handheld game classic, and making it better!<\/p>\r\n\r\n\r\n\r\n PlayDoge is a big upgrade to Tamagotchi thanks to the addition of crypto functionality via its $PLAY token, which creates an in-game economy and stores value that is exchangeable in the broader crypto market.<\/p>\r\n\r\n\r\n\r\n Players earn $PLAY tokens as rewards for caring for their virtual Shiba Inu pets and playing mini-games within the forthcoming mobile app. Top players can also earn additional rewards by ranking on the game’s leaderboard.<\/p>\r\n\r\n\r\n\r\n But unlike the original Tamagotchi, players do not need to purchase a device to start playing, as the app will be available for free on the Google Play Store and App Store.<\/p>\r\n\r\n\r\n\r\n Notably, Tamagotchi was one of the first digital games to target girls, and it was released at a time when PlayStation consoles were starting to dominate the boys’ section of toy stores like Toys R Us.<\/p>\r\n\r\n\r\n\r\n The question is, could PlayDoge do the same for crypto and draw in more female users and investors?<\/p>\r\n\r\n\r\n\r\n The idea isn’t implausible. With its vibrant 8-bit interface, nostalgic appeal, and economic incentives, PlayDoge can be the new addictive contemporary crypto version of Tamagotchi.<\/p>\r\n\r\n\r\n\r\n The retrogaming market<\/a> is experiencing a surge, especially among millennial gamers who favor the classics they grew up playing.<\/p>\r\n\r\n\r\n\r\n In fact, according to a survey conducted by Express VPN, 79% of gamers still actively engage<\/a> with retro games, which shows their penchant for nostalgic gaming experiences.<\/p>\r\n\r\n\r\n\r\n In addition to this enduring love for old games, the market for game remakes is also booming, with first-month digital console sales doubling from 2018 to 2020<\/a>, reaching $8 million.<\/p>\r\n\r\n\r\n\r\n Game remakes and classics hold strong appeal among gamers, with last year even being dubbed the golden era of game remakes<\/a>.<\/p>\r\n\r\n\r\n\r\n PlayDoge is well-positioned to capitalize on both markets, potentially enabling it to attract a tsunami of new crypto users. <\/p>\r\n\r\n\r\n\r\n This could establish PlayDoge as a clear leader in the P2E and meme coin scene, which could boost its price substantially.<\/p>\r\n\r\n\r\n\r\n Hence, ReadWrite<\/a> categorizes it as one of the three dog coins with 100x potential, a sentiment echoed by Cryptonews on its YouTube channel:<\/p>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n PlayDoge<\/a> is built on the Binance Smart Chain, which puts it in the sights of the listing team at Binance, the world’s largest centralized exchange.<\/p>\r\n\r\n\r\n\r\n If $PLAY lands on a top-tier centralized exchange like Binance, its price could skyrocket due to the boost in liquidity in its trading pairs.<\/p>\r\n\r\n\r\n\r\n But now, time is running out, as the 4.7 billion tokens allocated for the presale are selling fast.<\/p>\r\n\r\n\r\n\r\n Meanwhile, investors are not just taking advantage of the low presale prices – they are also taking the opportunity to earn passive income through PlayDoge’s staking feature, which currently offers an impressive 134% APY.<\/p>\r\n\r\n\r\n\r\n So far, 119 million tokens have been staked, showing the appetite for long-term commitment to the project.<\/p>\r\n\r\n\r\n\r\n Also, for added peace of mind, investors can rest assured of the security of PlayDoge’s smart contract, which has undergone a full audit by SolidProof.<\/a><\/p>\r\n\r\n\r\n\r\n Participating in the presale is simple: just connect your wallet and purchase $PLAY tokens using BNB, ETH, or USDT. Bank cards are also accepted.<\/p>\r\n\r\n\r\n\r\n To remain updated on the latest news and developments around PlayDoge, join its community on X<\/a> and Telegram<\/a>.<\/p>\r\n\r\n\r\n\r\n As retrogaming explodes in popularity and meme coins continue to dominate crypto traders’ activities, there really is no better time for a companion game like PlayDoge<\/a>. Buy early to avoid disappointment.<\/p>\r\n PlayDoge (PLAY) - Newest Launch On BNB Chain<\/p>\n <\/div>\n PlayDoge Rakes In Millions, Dominating Canine-Themed Cryptos<\/h2>\r\n\r\n\r\n\r\n
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PlayDoge Is Reigniting Tamagotchi Virality!<\/h2>\r\n\r\n\r\n\r\n
Surging Interest In Game Remakes And Classics – A Massive Market For PlayDoge<\/h2>\r\n\r\n\r\n\r\n
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Buy $PLAY At Its ICO Price Before The P2E Meme Coin Lists On Binance<\/h2>\r\n\r\n\r\n\r\n