Tamagotchi Remake Meme Coin PlayDoge Makes Waves with Ethereum Staking and Multi-Chain Bridging Post Successful $4m Fundraising Campaign
PlayDoge, the Play-to-Earn (P2E) meme coin, has raised an impressive $3.8 million in just two weeks through its ICO. This milestone has prompted the coin to expand its reach by introducing Ethereum staking in addition to its existing staking on the BNB Chain.
The latest development means that the $PLAY token from PlayDoge is now available on both Ethereum and BNB Chain, with the added feature of bridging between the two chains. Despite this, BNB Chain will remain the primary chain supporting the upcoming 8-bit P2E game that shares the same name.
Blending the popular Doge meme with the nostalgic Tamagotchi game from the 90s, PlayDoge offers players an entertaining virtual gaming experience where they can earn the native token, $PLAY.
For those looking to get ahead before the game’s launch, a presale is currently ongoing. Investors have the opportunity to purchase tokens at a low price of $0.00506 each.
With only a day left until the presale enters its eighth stage, where the token price will increase to $0.00508, early investors can secure $PLAY at what may be the lowest price for the rest of the year.
As the game goes live and $PLAY enters the open market, the potential for significant gains is promising.
PlayDoge: Meme Coin and P2E Craze
The demand for meme coins is soaring this summer, with 138 new meme coin listings in April alone. The total market cap for meme-based cryptocurrencies currently stands at $63 billion.
Meme coins have demonstrated significant gains for holders, with Dogecoin (DOGE) showing a 142% increase over the past year and Floki (FLOKI) holders enjoying a 59% growth in the last month and a staggering 1,232% increase compared to a year ago.
While the pace of intraday gains may have slowed, the PlayDoge P2E category continues to gain momentum this summer.
The global video game market is projected to reach $665 billion by 2033, with Play-to-Earn gaming, a burgeoning sector, estimated to have a market cap of around $13 billion in June 2024.
PlayDoge: A Blend of Meme Coin and 90s Gaming Nostalgia
PlayDoge stands out as more than just a meme coin, offering a modernized version of the classic Tamagotchi game in the Web3 space, with $PLAY as the in-game currency.
Players can relive their childhood by taking care of a virtual Shiba Inu, earning XP for their efforts, and participating in various in-game activities.
The game features a leaderboard where players with the highest XP earn bonus $PLAY tokens and exclusive rewards. The staking functionality also allows users to passively earn $PLAY tokens, with attractive APY rates of 327% on Ethereum and 92% on BNB Chain.
By combining the iconic Doge meme with Tamagotchi nostalgia, PlayDoge has created a dynamic gaming ecosystem within the meme coin sector.
PlayDoge: Bridging Meme Coins, Play-To-Earn, and Gaming Remakes
While PlayDoge falls under the meme coin category, it transcends traditional labels by reviving a beloved 90s game, tapping into the growing trend of game remakes.
The Web3 gaming and metaverse industry saw significant investment in 2022, despite the crypto winter, highlighting the potential for projects like PlayDoge.
As the project gains traction, influencers are already recognizing PlayDoge as a promising meme coin with strong potential for growth.
Get a Jumpstart on PlayDoge’s Tamagotchi Remake with $PLAY
While the PlayDoge app is still in development, the ongoing presale is expected to drive the project forward swiftly.
A total of 50% of the 9.4 billion $PLAY token supply is allocated to the presale, with another 12% reserved for staking.
PlayDoge’s home chain is the BNB Chain, which could pave the way for a potential listing on Binance, the world’s largest centralized exchange.
With a fully audited smart contract by SolidProof, interested investors can participate in the presale by purchasing $PLAY tokens using BNB, ETH, USDT, or credit cards.
Stay connected with the PlayDoge community through X and Telegram for the latest updates and information on the project.
Don’t miss out on this exciting opportunity! Visit the PlayDoge website to secure presale prices now.
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PlayDoge the Tamagotchi Remake Meme Coin Reveals Ethereum Staking and MultiChain Bridging Plans Following Successful 4m Fundraising in First Two Weeks
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