Blockchain Experts Back New Dogecoin Competitor – Could It Surpass DOGE?

Tamagotchi nostalgia is back, only this time it pays thanks to a new play-to-earn (P2E) meme coin called PlayDoge ($PLAY).

Playdoge is already one of the year’s hottest presales, having only launched a month ago it has already raised over $5.6 million as investors bundle in to get it at potentially the lowest price for the rest of the year.

The $PLAY token powers a retro-style game starring none other than the iconic Doge, a meme that has inspired six of today’s 10 biggest meme coins by market capitalization. This time though, players’ attentiveness towards their virtual pet earns them spendable benefits in the form of $PLAY.

Several of the biggest YouTube crypto influencers, including Clinix Crypto, 99Bitcoins, ClayBro, and Matthew Perry, have all hotly tipped the token the biggest GameFi project in presale right now.

Those who want to get a headstart on the potentially explosive price movements after the game launces can join the ongoing presale, where investors can currently purchase the tokens for a fraction over half a cent.

Given the token’s massive promise in the growing sector of GameFi, it could be the lowest price for the remainder of the year, or even the lowest price beyond that, full stop.

When Playdoge launches and $PLAY hits the exchanges, word of mouth amongst gamers and crypto fans could likely send the token soaring potentially past Dogecoin’s current levels of $0.14 and up to the revered dollar mark.

P2E Meme Coin Playdoge Brings 90s Tamagotchi Nostalgia On-Chain

Fans of the 90s handheld digital pets will delight to see how PlayDoge offers strong incentives to rekindle their childhood gaming memories and become attentive virtual pet owners again.

Players’ positive efforts towards caring for their Shiba Inus accumulates XP, which ranks them on the leaderboard system and allocates them bonus $PLAY tokens and exclusive rewards based on their scores.

And those that have bad memories of Tamagotchi the first time around need not fear: the difficulty curve on PlayDoge is a lot more forgiving. He’s a much more resilient pet than the Tamagotchis you probably remember.

Additionally, players can earn $PLAY passively through the game’s staking functionality. Presale staking participants can enjoy a generous APY of 88% on Ethereum and 73% on BNB Chain, according to the website.

The variation in APY between the Ethereum and BNB Chains is due to the staking contracts being different between the chains.

PlayDoge’s $PLAY Is A Potential Dogecoin Killer

The PlayDoge app may still only be in development, but this multimillion dollar presale will propel it quickly through the next stages of its roadmap.

PlayDoge allocates a total of 50% of its 9.4 billion token supply, roughly 4.7 billion $PLAY tokens, to its presale, while 12%, or 1.128 billion tokens, are allocated to staking.

$PLAY’s home chain is the Binance Smart Chain, now called BNB Chain. This could significantly facilitate a potential Binance listing in the future, when PlayDoge inevitably dominates the P2E sector.

Moreover, SolidProof audited Playdoge’s smart contract, giving prospective investors peace of mind about the project’s security.

Joining the presale is easy: connect your wallet and start purchasing $PLAY using BNB, ETH, or USDT. PlayDoge also offers the option to use credit cards.

To keep up with the latest information about the project, you can connect with the community via X and Telegram.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.