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Meme Token Traders Buy Playdoge — World’s First P2E Doge Virtual Pet
The dog-based meme coins are on the rise again, after a new wave of meme coins based on cats, sloths, seals, and more started taking over earlier this year. The newest addition to the Doge-based meme coin family just launched yesterday, May 28, known as PlayDoge (PLAY).
PLAYDOGE I CHOOSE YOU! 👉 🐶
— PlayDoge (@PlayDogeGame) May 28, 2024
Buy $PLAY tokens in #Presale now! 💰 🚀 #PlayDoge #MemeCoin #P2E #Pokemon #BNB pic.twitter.com/KmuUQEoE7f
What Is PlayDoge About?
PlayDoge is a mobile-based Play-To-Earn (P2E) game that combines the Doge meme with the old toy from the ‘90s, called Tamagotchi. It brings forth a 2D world with 2D Doge pets for players to feed, play with, and train.
Introducing #PlayDoge - the only #P2E Doge companion! 🐶
— PlayDoge (@PlayDogeGame) May 28, 2024
Inspired by the legacy of #Tamagotchi, feed, train and play with your 2D Doge to earn $PLAY. 💰
Don't neglect your doge, his life's on the line 😲💀 #Presale Now Live! pic.twitter.com/qV3WOdRTEo
This blast from the past has taken a new twist thanks to the P2E trend, meaning that it will allow users to earn the project’s native PLAY token as they progress through the mini-games contained in the app.
Meme Token & P2E Sector Growth
The project has attracted a lot of attention due to its major potential. The meme coin sector is seeing a new wave of growth, and so is the gaming industry, which is expected to grow to $665 billion by 2033.
Not to mention that the P2E category on CoinMarketCap is also seeing a major rise, with a market cap of nearly $14 billion in late May 2024.
PlayDoge is a combination of all of these industries, making it the perfect hybrid project to capitalize on each sector’s growth. On top of all that, it also brings the nostalgia of the ‘90s which stands to attract millennial investors and push the project sky-high once it launches.
Speaking of PlayDoge’s post-launch period, the project is running on Binance Smart Chain, so it might also have an advantage in Binance CEX listing after it goes live. This was not confirmed by the developers but is simply speculation by the project’s community.
It’s possible that Binance might give a chance to a meme coin that comes from one of its own networks, assuming that the project becomes popular enough.
PlayDoge Presale Kicks Off Strong
When it comes to PlayDoge’s popularity, it is clear that the project has already attracted the attention of investors. In the first 48 hours after its launch, it managed to raise over $350k, closing in on the $400k mark right now.
It sells its PLAY tokens for $0.005 apiece, and users can purchase the token with BNB, USDT, ETH, and even credit/debit cards.
The presale also caught the attention of crypto experts, such as the popular crypto YouTuber with 39.4k subscribers, Jacob Crypto Bury. In his recent video, he speculated that this might be the next meme coin with 100x potential and that it could outperform major projects like Floki Inu and Axie Infinity.
Interested investors can join the presale through the buying widget on PlayDoge's website. After purchasing PLAY tokens, investors can also stake them to start earning 2,100% p/a in staking rewards. So far, over 8.9 million PLAY tokens have been staked, and the amount continues to climb.
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