{"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

PlayDoge Rakes In Millions, Dominating Canine-Themed Cryptos<\/h2>\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

\"\"<\/figure>\r\n\r\n\r\n\r\n

PlayDoge Is Reigniting Tamagotchi Virality!<\/h2>\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

Surging Interest In Game Remakes And Classics – A Massive Market For PlayDoge<\/h2>\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