PlayDoge Gains Traction as Crypto Whales Move In – What's Next?
PlayDoge Gains Traction as Crypto Whales Move In – What’s Next?
Generic footer crypto disclaimer 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.
A new play-to-earn (P2E) doge-themed meme token called PlayDoge ($PLAY) is gaining traction as leading meme coins post double-digit gains in the week since last Monday’s catastrophic crypto crash.
Investors are currently buying the PlayDoge game and its native $PLAY token at at a fixed price of $0.00528, ahead of an exchange listing and a potential GameFi explosion, thanks to its beguiling sales pitch: it’s an on-chain Tamagotchi remake starring the iconic doge.
Playdoge is already one of the year’s hottest presales. Having launched two months ago it has already raised over $6 million as investors claim first-mover advantage before it hits the open market.
PlayDoge Is A Retro Play-To-Earn Experience
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.
Those who’ve played Tamagotchi will know what to expect from the game. Unlike Tamagotchi, however, attending the needs of your virtual pet earns crypto rewards.
Many of YouTube’s crypto influencers, including Clinix Crypto, 99Bitcoins, ClayBro, and Matthew Perry, have all branded the token one of the biggest GameFi projects in presale right now.
Those who want to get a headstart on the potentially explosive price movements after the game launches can join the ongoing presale, where investors can currently purchase $PLAY at a fixed price of $0.00528. But hurry, as in a little under 24 hours the price will rise to the next fixed level of $0.00529.
That means today’s price could be the lowest price for the remainder of the year, or even the lowest price full stop, considering the multi-million dollar promise of GameFi in the near-to-mid-term.
Word of mouth amongst gamers and crypto fans could potentially send PlayDoge’s $PLAY token soaring past Dogecoin’s current price of $0.1 and up to the revered dollar mark.
$PLAY is The Perfect Token For Nineties Gaming Lovers
Fans of the 90s handheld digital pets will delight to see how PlayDoge incentivizes Web3 gamers to relive childhood gaming memories.
Players’ positive efforts towards caring for their Shiba Inus accumulates XP, which ranks them on the leaderboard system, allocating them bonus $PLAY tokens and exclusive rewards based on their scores.
Those who have bad memories of Tamagotchi the first time around need not fear: the difficulty curve on PlayDoge is a lot more forgiving. He’s much more resilient than the Tamagotchis you probably remember.
Additionally, players can earn $PLAY passively through the game’s staking functionality. Presale staking participants can enjoy a generous APY of 77% on Ethereum and 69% on BNB Chain, according to the website.
The variation in APY between the Ethereum and BNB Chains is due to the staking contracts being different between the chains.
The PlayDoge app may still only be in development, but this multimillion dollar presale will propel it quickly through the next stages of the project roadmap. Once that’s complete, PlayDoge’s wide appeal could see him barking Floki ($FLOKI) or Bonk ($BONK) out of the picture for a place among the “Big Five” Shiba Inu coins.
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 Binance’s BNB Chain. This will significantly facilitate a potential Binance listing when PlayDoge comes to dominate the play-to-earn sector.
Additionally, to the security-conscious, SolidProof audited Playdoge’s smart contract, giving prospective investors added peace of mind.
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 up to date on the project, you can connect with the community via X and Telegram.
Don’t play around, visit the PlayDoge website and get in early.
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.