{"id":556817,"date":"2024-07-24T15:59:21","date_gmt":"2024-07-24T15:59:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=556817"},"modified":"2024-07-24T15:59:21","modified_gmt":"2024-07-24T15:59:21","slug":"dogecoin-predicted-to-soar-131-this-year-as-playdoge-hurtles-past-5-8m-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-predicted-to-soar-131-this-year-as-playdoge-hurtles-past-5-8m-in-presale","title":{"rendered":"Dogecoin Predicted To Soar 131% This Year As PlayDoge Hurtles Past $5.8M In Presale"},"content":{"rendered":"

PlayDoge ($PLAY)<\/a> has raised over $5.8 million in presale funds and aims to surpass the $6 million milestone before the week ends.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n

Capitalizing on the renewed enthusiasm for meme coins, especially those with Shiba Inu-themed charm like Dogecoin ($DOGE) – projected to skyrocket by 131% in 2024 – PlayDoge pits its own virtual Shiba Inu into the mix and looks to secure the additional $162,000 to round up its funding figures.<\/p>\r\n\r\n\r\n\r\n

PlayDoge’s soon-to-launch mobile game allows players to interact with a virtual Shiba Inu pet, inspired by the 90s classic game Tamagotchi. Besides enjoyment, players can earn rewards through its native token, $PLAY, by playing the game.<\/p>\r\n\r\n\r\n\r\n

But even before the game launches, investors can already secure $PLAY in their wallets at the presale price of $0.00522 per token before the price increases to $0.00523, as PlayDoge closes another presale stage in under two days.<\/p>\r\n\r\n\r\n\r\n

With a fixed total supply of 9.4 billion $PLAY tokens, its current rate remains at a significant discount compared to other meme coins lacking similar utility yet commanding double PlayDoge’s current market value.<\/p>\r\n\r\n\r\n\r\n

Investors looking to capitalize on this discount should act quickly to secure their tokens. With an anticipated influx of investment capital in the coming days, PlayDoge could hit and conclude its presale goal swiftly.<\/p>\r\n\r\n\r\n\r\n

Dogecoin Predicted To Hit $0.3 In 2024 – PlayDoge Ready To Follow Suit<\/h2>\r\n\r\n\r\n\r\n

This year’s meme coin supercycle was largely dominated by dog-themed tokens, with $DOGE and Shiba Inu ($SHIB) leading the pack. $DOGE has seen its market cap surge from $12 billion to $32.82 billion, while $SHIB has skyrocketed from $6.1 billion to $26.89 billion since the start of the year.<\/p>\r\n\r\n\r\n\r\n

These top dogs have paved the way for newcomers like DogWifHat, boasting an incredible 1,324% surge, and Floki ($FLOKI), which has wagged its way up by 436%.<\/p>\r\n\r\n\r\n\r\n

Despite this, Dogecoin is still a shadow of its former 2021 self, which saw its price shoot up to its all-time high at $0.73. The good thing is that with the renewed attention meme coins are gaining in the second half of 2024, many traders are refocusing their attention again on the first dog coin.<\/p>\r\n\r\n\r\n\r\n

One factor contributing to Dogecoin’s bullish narrative is the early rumors of Elon Musk integrating $DOGE as a payment method on X, as his team continues to develop the social media platform. <\/p>\r\n\r\n\r\n\r\n

Additionally, the development of tools enabling Dogecoin payments to be integrated into business tech stacks, which allows customers to pay in $DOGE, is another factor. This is why $DOGE is predicted to reach $0.3 in 2024 – with a potential high of beyond the $0.4 price point.<\/p>\r\n\r\n\r\n\r\n

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Dogecoin Price Prediction 2024 – 2030 (cryptonews.com)<\/a><\/p>\r\n\r\n\r\n\r\n

If a bullish scenario pans out, newcomers in the space pushing meme coins beyond the norm could soon ride the wave of a second Dogecoin-led meme coin supercycle.<\/p>\r\n\r\n\r\n\r\n

One such fresh face in the game is PlayDoge<\/a>, which offers more than a Shiba Inu-themed token in an investor’s wallet but a gateway to endless fun in an addictive and nostalgic game.<\/p>\r\n\r\n\r\n\r\n

However, PlayDoge’s significance in the crypto space extends beyond the meme coin sector – it also seeks to address a persistent issue plaguing many play-to-earn (P2E) games.<\/p>\r\n\r\n\r\n\r\n

PlayDoge: The Leading Play-To-Earn Game Solves The Growing Pains Of Axie Infinity<\/h2>\r\n\r\n\r\n\r\n

PlayDoge brings something new to the table to solve an issue that has troubled P2E games.<\/p>\r\n\r\n\r\n\r\n

A familiar pattern with most play-to-earn games is that their native tokens initially soar in value, but only to later face oversupply as traders hoard them solely for trading them into real dollars.<\/p>\r\n\r\n\r\n\r\n

This phenomenon echoes the early days of Axie Infinity, where stories emerged of people quitting jobs and treating the game as a business, with wealthy individuals sponsoring players to play on their behalf.<\/p>\r\n\r\n\r\n\r\n

The good news for Axie Infinity is that the dynamics have shifted, with the influx of new players now prioritizing fun over profit – which is also why the game still thrives to this day.<\/p>\r\n\r\n\r\n\r\n

Fundamentally, games should prioritize enjoyment. It’s not just about earning tokens to cash out in the real world; the game itself should be compelling enough to encourage players to spend the tokens they earn within the game.<\/p>\r\n\r\n\r\n\r\n

In this regard, PlayDoge embodies this philosophy. Inspired by Tamagotchi’s interactive nature, PlayDoge offers an engaging experience reminiscent of the beloved games of the 1990s, which resonate with today’s adults who grew up playing them.<\/p>\r\n\r\n\r\n\r\n

Players earn $PLAY tokens by nurturing virtual Shiba Inu pets, tending to their needs such as training, feeding, and ensuring they rest adequately. These tokens can be used within the game for various purposes, from playing mini-games to caring for their virtual pets.<\/p>\r\n\r\n\r\n\r\n

That’s why YouTuber The Crypto Mark hails PlayDoge<\/a> as the best play-to-earn game, predicting a 100x growth for its $PLAY token.<\/p>\r\n