Price: $0.38692 -0.1468%
Market Cap: 56.79B 1.9039%
Volume (24h): 24.81B 0.4%
Dominance: 1.9039%
Price: $0.38692 -0.1468%
Market Cap: 56.79B 1.9039%
Volume (24h): 24.81B 0.4%
Dominance: 1.9039% 1.9039%
  • Price: $0.38692 -0.1468%
  • Market Cap: 56.79B 1.9039%
  • Volume (24h): 24.81B 0.4%
  • Dominance: 1.9039% 1.9039%
  • Price: $0.38692 -0.1468%
Home > Information news > What You’d Have Now If You’d Invested in Doge: Why PlayDoge Might Be Your Next Big Bet – $6M Raised in ICO

What You’d Have Now If You’d Invested in Doge: Why PlayDoge Might Be Your Next Big Bet – $6M Raised in ICO

Release: 2024/08/08 22:46 Reading: 201

Original author:InsideBitcoin News

Original source:https://coinmarketcap.com/community/en/articles/66b4cf3cf21046238ddbdb96

PlayDoge ($PLAY) has raised over $6 million in its presale despite the tumultuous trading this week.

This meme coin, with its upcoming P2E crypto revamp of Tamagotchi, is positioned to be the next big thing in the meme coin market. It resembles Dogecoin's ($DOGE) rise from $0.003 to $0.10 in 2019, a remarkable 3,233% gain.

PlayDoge offers more utility than DOGE, featuring a game where users can own a virtual Shiba Inu pet on their mobile devices. It has the potential to become Elon Musk's new favorite token, potentially surpassing DOGE's epic run.

PlayDoge's native token, $PLAY, is still available at its presale price of $0.00527. However, the price will increase to $0.00528 after the current presale stage ends in less than 48 hours.

Murad Mahmudov, a former Goldman Sachs analyst, believes that the recent surge in meme coins is just the beginning of a profitable cycle. Despite the current market downturn, he urges investors to buy meme coins, as historically, these assets tend to surge in value during such periods.

Data from Santiment supports Mahmudov's view, indicating that Bitcoin whale transactions have reached their highest levels since early April. This suggests that whales are taking advantage of the dip to accumulate Bitcoin, which could lead to another wave of growth in the meme coin sector.

Investors are seeking the next big opportunity, and PlayDoge appears to be a strong contender.

PlayDoge has a distinctive approach to making Doge ownership more personal through its upcoming mobile game, reminiscent of the popular Tamagotchi from the '90s. Users can adopt and care for a virtual Shiba Inu, earning $PLAY tokens as they play.

This dual functionality gives $PLAY significant utility, allowing it to be used both within the game and in the broader market, unlike Dogecoin. Historically, play-to-earn (P2E) coins have been resilient during market downturns, and PlayDoge is positioned to follow suit.

Jacob Crypto Bury, a popular YouTuber, believes PlayDoge has the potential for a 10x gain.

To participate in the presale, visit the PlayDoge website, connect your wallet, and purchase tokens using BNB, USDT, ETH, or a bank card. The smart contract has been fully audited by SolidProof, ensuring its code meets the highest standards.

Stay updated with PlayDoge's developments by joining its community on Twitter and Telegram.

Buy $PLAY now.

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