{"id":552649,"date":"2024-07-17T13:04:54","date_gmt":"2024-07-17T13:04:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=552649"},"modified":"2024-07-17T13:04:54","modified_gmt":"2024-07-17T13:04:54","slug":"rip-bears-meme-coins-soar-as-playdoge-ico-zooms-past-5-7m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/rip-bears-meme-coins-soar-as-playdoge-ico-zooms-past-5-7m","title":{"rendered":"RIP Bears: Meme Coins Soar As PlayDoge ICO Zooms Past $5.7M"},"content":{"rendered":"
With over $5.7 million raised, PlayDoge ($PLAY) continues to hit big in its presale and is even ready to eclipse the $6 million mark this week.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n
This meme coin, infused with a Web3 gaming twist, has investors eagerly anticipating the release of its crypto reinterpretation of a beloved 90s favorite, Tamagotchi.<\/p>\r\n\r\n\r\n\r\n
Featuring a playable Shiba Inu character, PlayDoge has struck a chord with the Shiba Inu-loving crypto community, resulting in a substantial influx of capital in its barely two-month-old presale.<\/p>\r\n\r\n\r\n\r\n
Currently priced at a discounted rate of $0.00519, the native token $PLAY is poised to rise to $0.00520 within hours as it consistently meets and surpasses presale targets.<\/p>\r\n\r\n\r\n\r\n
Investors looking to strengthen their meme coin portfolio should not overlook allocating some funds to $PLAY, especially at its current rate, given its strong presale performance even amid the market downturn in June, presenting a potential moonshot opportunity.<\/p>\r\n\r\n\r\n\r\n
This scenario isn’t unrealistic as PlayDoge’s presence on the BNB Smart Chain positions itself as a strong candidate for a Binance listing that could substantially enhance liquidity and drive its price upward.<\/p>\r\n\r\n\r\n\r\n
The bears are currently resting in peace as the entire market has surged, gaining approximately $270 billion in the past week alone, now totaling $2.41 trillion following a significant rebound from the failed assassination plot on Donald Trump.<\/p>\r\n\r\n\r\n\r\n
Bitcoin has rebounded strongly, now hovering around $65,000 and tantalizingly close to $66,000, with Bitcoin ETFs seeing a $300 million inflow on Monday.<\/a><\/p>\r\n\r\n\r\n\r\n This resurgence in the top crypto naturally trickled down to the meme coin sector. Leading the charge is our familiar frog-faced friend, Pepe ($PEPE), with a notable 40% increase over the past week. <\/p>\r\n\r\n\r\n\r\n Other top meme coins, not of the amphibious kind but of the canine variety like Dogecoin ($DOGE), Shiba Inu ($SHIB), DogWifHat ($WIF), and Bonk ($BONK), have also seen gains of 14.91%, 16.75%, 29.36%, and 7.85%, respectively.<\/p>\r\n\r\n\r\n\r\n While $PEPE’s recent gains are indeed significant, PlayDoge sees them merely as a warm-up act, with the potential to make $PEPE its personal foot massager – talk about turning Tamagotchi to Tama-Gucci.<\/p>\r\n\r\n\r\n\r\n<\/figure>\r\n\r\n\r\n\r\n