RIP Bears: Meme Coins Soar As PlayDoge ICO Zooms Past $5.7M

With over $5.7 million raised, PlayDoge ($PLAY) continues to hit big in its presale and is even ready to eclipse the $6 million mark this week.

This meme coin, infused with a Web3 gaming twist, has investors eagerly anticipating the release of its crypto reinterpretation of a beloved 90s favorite, Tamagotchi.

Featuring a playable Shiba Inu character, PlayDoge has struck a chord with the Shiba Inu-loving crypto community, resulting in a substantial influx of capital in its barely two-month-old presale.

Currently priced at a discounted rate of $0.00519, the native token $PLAY is poised to rise to $0.00520 within hours as it consistently meets and surpasses presale targets.

Investors looking to strengthen their meme coin portfolio should not overlook allocating some funds to $PLAY, especially at its current rate, given its strong presale performance even amid the market downturn in June, presenting a potential moonshot opportunity.

This scenario isn't unrealistic as PlayDoge's presence on the BNB Smart Chain positions itself as a strong candidate for a Binance listing that could substantially enhance liquidity and drive its price upward.

Meme Coins Are Back And PlayDoge Is Poised To Steal The Show

The bears are currently resting in peace as the entire market has surged, gaining approximately $270 billion in the past week alone, now totaling $2.41 trillion following a significant rebound from the failed assassination plot on Donald Trump.

Bitcoin has rebounded strongly, now hovering around $65,000 and tantalizingly close to $66,000, with Bitcoin ETFs seeing a $300 million inflow on Monday.

This resurgence in the top crypto naturally trickled down to the meme coin sector. Leading the charge is our familiar frog-faced friend, Pepe ($PEPE), with a notable 40% increase over the past week.

Other top meme coins, not of the amphibious kind but of the canine variety like Dogecoin ($DOGE), Shiba Inu ($SHIB), DogWifHat ($WIF), and Bonk ($BONK), have also seen gains of 14.91%, 16.75%, 29.36%, and 7.85%, respectively.

While $PEPE's recent gains are indeed significant, PlayDoge sees them merely as a warm-up act, with the potential to make $PEPE its personal foot massager – talk about turning Tamagotchi to Tama-Gucci.

Because, unlike Pepe, PlayDoge isn't just another meme coin – it's also a Play-to-Earn (P2E) token packed with utilities across its soon-to-launch mobile game available on Google Play and Apple App Store.

And the fact that PlayDoge has raised nearly $6 million, achieved without major VC funds and just with pure retail investor faith – in contrast to the recent report of 141 billion $PEPE purchases that significantly boosted its value – makes PlayDoge even more impressive.

PlayDoge Capitalizes On Web3 Gaming, May Help Balance The Gender Disparity In Crypto Ownership

Web3 gaming remains a pivotal catalyst for crypto adoption. One major factor contributing to this is the involvement of prominent game developers like Ubisoft, which is introducing a new game with its own crypto twist.

Ubisoft recently launched Champion Tactics, its “first original Web3 game developed with NFTs front and center,” utilizing HOME Verse and Twentysix Cloud for its Web3 infrastructure.

Similarly, PlayDoge's innovative approach to integrating crypto features into a game that resonates with millions who grew up playing Tamagotchi in the 90s certainly holds promise.

PlayDoge rekindles this nostalgic appeal in a mobile app format, featuring the iconic Shiba Inu pup as a virtual pet, where players can earn $PLAY as reward for their care and attention.

Furthermore, akin to Ubisoft's role in introducing crypto to newcomers, PlayDoge also has the potential to attract more female users to the space, reminiscent of how Tamagotchi devices captured the hearts of girls worldwide back in the day.

PlayDoge has the potential to capture a vast market, highlighted by the significant gender disparity in crypto ownership. Current data from the US reveals that 74% of crypto owners are male.

$PLAY A Top Three Meme Coin Set To Shine In 2024's Bull Market

Thanks to the vast market it can capture, its exciting Play-to-Earn (P2E) gameplay, and irresistible memetic charm, PlayDoge is making its case in the meme coin race and it's a strong one.

Early supporters are catching on, fueling PlayDoge's successful presale efforts as funds continue to stack up.

In addition, investors have locked in 220 million $PLAY tokens in the project's verified Web3Payments staking contract – equivalent to a fifth of the presale funds at $1.1 million – offering an 85% annual percentage yield (APY).

This momentum has caught the attention of No BS Crypto, a YouTube channel with 90,500 subscribers, ranking PlayDoge among the top 10 meme coins expected to shine in the 2024 bull market.

So for investors who don't want to miss out on the action, visit the PlayDoge website, connect your wallet, and secure your $PLAY tokens using BNB, ETH, or USDT. Bank cards are also accepted.

Rest assured, PlayDoge's smart contract has undergone a full audit by SolidProof, revealing no critical issues in its code.

Keep up to speed with everything that's happening with this exciting new game by joining its community on X and Telegram.

Buy $PLAY tokens now and prepare for the upcoming launch of this crypto-powered Tamagotchi-like game!