A new multichain Play-to-Earn (P2E) meme coin called PlayDoge ($PLAY) has raised $5.4 million only a month into presale.
The news comes after several YouTube crypto analysts, including Clinix Crypto, 99Bitcoins, ClayBro, and Matthew Perry, all hotly tipped the token as crypto’s next big presale.
PlayDoge is the coin powering an eponymous retro style game starring the iconic Doge, a meme which has inspired six of today’s 10 biggest meme coins by market capitalization.
Doge is now the central character in a remade Web3 version of the Tamagotchi game from the 90s, creating a fun virtual gaming experience where players attentiveness towards him earns them $PLAY tokens.
Those who want to get a headstart on the potentially explosive upside before the game’s launch can join the ongoing presale. At present, investors can snap up the tokens for a fraction over half a cent.
Early birds who buy in during the ICO will potentially purchase at the lowest possible price for the remainder of the year. Given the utility of the token’s underlying premise, it could even be the lowest ever price.
That’s because once the game launches and $PLAY hits the open market, word of mouth amongst gamers and crypto fans could send the token soaring potentially past Dogecoin’s current levels of $0.14 and up to the revered dollar mark.
A P2E Meme Coin With a Touch of 90s Gaming Nostalgia
Fans of the 90s handheld digital pets will be delighted to see how, through earning $PLAY tokens, PlayDoge gives them strong incentives to rekindle their childhood and become attentive virtual pet owners again.
This time, their positive efforts towards pet care will accumulate XP for them as they tend to the needs of their virtual Shiba Inu and embark on exciting in-game adventures and mini-games.
Players with the most XP on the game’s leaderboard will receive bonus $PLAY tokens and exclusive rewards.
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, making him a much more resilient pet than the Tamagotchis you probably remember.
Additionally, players can earn $PLAY passively through the game’s staking functionality. Early staking participants can enjoy a generous APY of 104% on Ethereum and 74% on BNB Chain.
Due to the staking contracts being different for Ethereum and BNB Chain, the APY varies between chains and the amount staked.
PlayDoge’s $PLAY Is A Potential Dogecoin Killer
As mentioned earlier, the PlayDoge app is currently in development, but this sweltering 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.
It is also worth noting that $PLAY’s home chain is the Binance Smart Chain, now called BNB Chain. This fact alone will significantly facilitate a potential Binance listing, when the P2E game and its native utility token $PLAY take off.
BNB Smart Chain is Binance’s in-house blockchain. The global exchange giant boasts a market share of 49% as of March 2024.
Moreover, PlayDoge’s smart contract is fully audited by SolidProof, which gives 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.
Visit the PlayDoge website to buy in at presale prices now.
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