Blockchain Experts Bet on New Dogecoin Competitor – Can It Surpass DOGE?

Blockchain Experts Bet on New Dogecoin Competitor – Can It Surpass DOGE?

A Multichain Play-to-Earn Meme Coin Raises $5.4 Million in Presale

PlayDoge ($PLAY), a new multichain Play-to-Earn (P2E) meme coin, has successfully raised $5.4 million just a month into its presale. This news follows endorsements from several YouTube crypto analysts, including Clinix Crypto, 99Bitcoins, ClayBro, and Matthew Perry, who have all highlighted the token as the next big thing in crypto presales.

A Nostalgic Gaming Experience

PlayDoge is the token behind a retro-style game featuring Doge, the meme that has inspired six of the top 10 meme coins by market capitalization. The game, a Web3 version of the 90s Tamagotchi, offers players a fun virtual experience where taking care of Doge earns them $PLAY tokens.

Joining the Presale

Investors eager to get in early can join the ongoing presale, where tokens are available for just over half a cent. Early buyers during the ICO may secure the lowest price for the year, and potentially the lowest ever, given the token’s utility.

Future Potential

Once the game launches and $PLAY enters the open market, the token could soar in value, potentially surpassing Dogecoin’s current levels of $0.14 and reaching the coveted dollar mark. This rise could be driven by word of mouth among gamers and crypto enthusiasts.

Reviving 90s Gaming Nostalgia

Fans of 90s handheld digital pets will appreciate PlayDoge’s incentives, which encourage players to care for their virtual Shiba Inu, earning XP and $PLAY tokens. The game offers a more forgiving difficulty curve than the original Tamagotchi, making it a more enjoyable experience.

Earning Through Staking

Players can also earn $PLAY passively through staking. Early participants can enjoy a generous APY of 104% on Ethereum and 74% on BNB Chain. The APY varies between chains and the amount staked due to different staking contracts.

PlayDoge: A Potential Dogecoin Killer

Currently in development, the PlayDoge app’s successful presale will help propel it through its roadmap. PlayDoge has allocated 50% of its 9.4 billion token supply to the presale and 12% to staking. With $PLAY’s home chain being the Binance Smart Chain (BNB Chain), a potential Binance listing could be on the horizon.

Project Security and Community Engagement

PlayDoge’s smart contract has been fully audited by SolidProof, providing security assurance to investors. Joining the presale is simple: connect your wallet and purchase $PLAY using BNB, ETH, USDT, or a credit card. To stay updated, connect with the community via X and Telegram.

The post Blockchain Experts Bet on New Dogecoin Competitor – Can It Surpass DOGE? appeared first on Cryptonews.

Share this article
0
Share
Shareable URL
Prev Post

Understanding the pros and cons of smart contract upgradeability in DeFi

Next Post

ChainGPT Labs: The Ultimate Game Changer for Web3 Startups

Leave a Reply

Your email address will not be published. Required fields are marked *

Read next