Tamagotchi Revival Meme Coin PlayDoge Unveils Ethereum Staking/ Multi-Chain Bridging Post Successful $4m Fundraising in First Two Weeks
PlayDoge, a Play-to-Earn (P2E) meme coin, has expanded its reach just two weeks into a highly successful ICO that has already raised $3.8 million. The latest development includes the introduction of Ethereum staking alongside the existing staking options on the BNB chain.
The announcement means that the $PLAY token from PlayDoge is now available on both Ethereum and BNB Chain, with the flexibility to bridge between the two. However, BNB Chain will remain the primary chain supporting the upcoming 8-bit P2E game ecosystem.
PlayDoge merges the iconic Doge meme, which has influenced six of the top ten meme coins by market capitalization today, with the nostalgic Tamagotchi game from the 90s. This creates an engaging virtual gaming experience where players can earn the game’s native token, $PLAY.
For early adopters looking to capitalize on the potential growth before the game’s launch, a presale is currently ongoing. Tokens are available at a low price of $0.00506 each, with prices set to increase to $0.00508 after the seventh stage of the presale. This presents an opportunity for investors to secure $PLAY at potentially the lowest price for the year.
As the game launches and $PLAY enters the open market, there is significant potential for the token to gain value.
Meme Coin and P2E Take Center Stage This Summer
The demand for meme coins is surging this summer, with CoinMarketCap reporting 138 new meme coin listings in April alone. The total market cap for meme-based cryptocurrencies currently stands at $63 billion.
Meme coins have proven to be profitable investments, with Dogecoin holders seeing a 142% increase in value over the past year. Additionally, holders of Floki have seen a 59% increase in value in the last month and a remarkable 1,232% gain compared to a year ago.
While the daily gains may have slowed down recently, PlayDoge’s P2E sector is gaining momentum this summer. The global video game market is projected to reach $665 billion by 2033, with the Play-to-Earn gaming category on CoinGecko boasting a market cap of around $13 billion in June 2024.
A Nostalgic P2E Meme Coin Experience
PlayDoge stands out as more than just a meme coin. It offers a monetized Tamagotchi remake in the Web3 space, with $PLAY functioning as the in-game currency.
Players can relive the 90s nostalgia of virtual pet ownership through PlayDoge, where they earn XP by taking care of their virtual Shiba Inu and engaging in in-game activities. The game rewards users with $PLAY tokens and exclusive bonuses based on their performance.
In addition to gameplay rewards, players can earn $PLAY through staking, allowing for passive token accumulation. Early stakers can enjoy attractive APY rates of 327% on Ethereum and 92% on BNB Chain.
By blending the Doge meme with Tamagotchi, PlayDoge creates a dynamic gaming ecosystem within the growing meme coin sector.
PlayDoge: Where Meme Coins, Play-to-Earn, and Gaming Meet
While PlayDoge falls under the meme coin category, it transcends traditional definitions by reviving a popular 90s game. The project taps into the nostalgia surrounding game remakes, with significant investments in the Web3 gaming and metaverse industry signaling strong potential for growth.
With its P2E component, PlayDoge is positioned to become a prominent player in the crypto gaming space. Influencers from 99Bitcoins to ClayBro see PlayDoge as a promising meme coin with a unique blend of features.
Don’t Miss Out on PlayDoge’s Tamagotchi Remake Journey
The PlayDoge app is currently in development, with the ongoing presale expected to accelerate the project’s roadmap. A significant portion of the total token supply is allocated to the presale, providing early investors with an opportunity to secure $PLAY tokens.
With BNB Chain as its home base, PlayDoge is well-positioned for potential listing on Binance, the world’s largest centralized exchange. The project’s smart contracts are audited by SolidProof, ensuring security and transparency for investors.
To participate in the presale, users can connect their wallets and purchase $PLAY using BNB, ETH, or USDT. PlayDoge also offers the option to use credit cards for convenience.
Stay connected with the PlayDoge community through X and Telegram for the latest updates on the project. Visit the PlayDoge website to take advantage of presale prices and join the exciting journey ahead.
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