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<p class="is-style-lead">PlayDoge’s presale surpasses $3.5 million in two weeks, combining the viral appeal of memecoins with the engaging world of Play-to-Earn (P2E) gaming.</p> 
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<p>It’s been a triumphant opening two weeks for the <a href="https://crypto-news.care/b_playdoge-en_88511?referrer=playdoge-presale-raises-over-$35m-%E2%80%93-next-meme-coin-to-explode" target="_blank" rel="">PlayDoge</a> (PLAY) presale, cruising past the $3.5 million total raised mark.</p> 
<p>Combining the virality of memecoins with the compelling allure of Play-to-Earn (P2E) gaming, PlayDoge’s crossbreed narrative is causing a buzz.</p> 
<p>The presale initially launched on BNB Smart Chain but recently went multichain and bridged to Ethereum.</p> 
<p>Market participants can buy the PLAY token at presale for $0.00506, but this price will rise throughout the campaign. The next increase will occur in one day or when the total raise hits $4.2 million.</p> 
<p>As such, there is no time to waste for prospective buyers.</p> 
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<h2 class="wp-block-heading" id="injecting-the-tamagotchi-zeitgeist-to-crypto-p2e-gaming">Injecting the Tamagotchi zeitgeist to crypto P2E gaming</h2> 
<p>With spectacular early success, PlayDoge is far from your average meme coin. Its central premise is a Tamagotchi-inspired pet companion game focusing heavily on player rewards.</p> 
<p>For those who don’t know, Tamagotchi was initially launched in the 1990s and is now an icon of retro gaming. It sold over 82 million units, presenting a huge addressable market for the new incentivized P2E twist.</p> 
<p>On the PlayDoge reboot, users will care for their pet doge, ensuring it is fed, rested, and entertained.</p> 
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<p>They will generate XP points by interacting with their pets, which helps them climb the platform’s leaderboard. Players can also partake in mini-games to rack up XP.</p> 
<p>Advancing up the leaderboard makes players eligible to earn more PLAY tokens, which can be cashed out for other cryptocurrencies, used to make in-game purchases, or staked. Stakers can currently garner a 300% APY.</p> 
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<p>But here’s the caveat: users must hold PLAY to receive rewards. In other words, utility is baked into the PLAY token, meaning its demand will rise alongside the platform’s popularity.</p> 
<p>While this demand could well translate to price growth, it’s not the only thing driving investors to the PlayDoge presale.&nbsp;</p> 
<h2 class="wp-block-heading" id="memecoin-meta-is-growing-but-p2e-memes-like-play-have-an-upper-hand">Memecoin meta is growing, but P2E memes like PLAY have an upper hand</h2> 
<p>With an 8-bit doge as its mascot, PlayDoge is well-aligned with the animal-centric memecoin meta, which has taken the market by storm this year. Despite Bitcoin and Ethereum making history with spot exchange-traded funds (ETFs) launches, all eyes have remained on meme coins.</p> 
<p>Bloomberg first revealed this idea in April, <a href="https://www.bloomberg.com/news/articles/2024-04-23/hedge-funds-lured-by-returns-of-memecoins-like-dogwifhat-wif?embedded-checkout=true" target="_blank" rel="">suggesting</a> meme coins like Dogwifhat are stealing Bitcoin’s thunder. And the narrative has only gained strength since.</p> 
<p>Pepe has ascended to a $4.9 billion market cap and is the ninth most-traded cryptocurrency currency. Meanwhile, Brett is up over 300% this month after recently notching a $1.5 billion market cap.</p> 
<p>But the meme coin frenzy is not without critics. There is an ongoing push-pull between meme coins and utility tokens, with the more conservative investors opting for projects with innate value.</p> 
<p>This is why Floki, a memecoin currently developing a P2E game called Valhalla, has enjoyed notable growth recently. It is up over 45% this month, outpacing other top 5 meme coins and the broader crypto market.</p> 
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<p>However, the stakes are even higher for PlayDoge, with the project holding much more upside potential.</p> 
<p>While drawing the attention of degen meme coin traders, P2E meme coins like FLOKI and PLAY also attract conservative market participants.&nbsp; This added exposure helps alleviate the typical volatility risk associated with memecoins.</p> 
<h2 class="wp-block-heading" id="prominent-analyst-thinks-playdoge-could-go-bigger-than-floki">Prominent analyst thinks PlayDoge could go bigger than Floki</h2> 
<p>PlayDoge could be the greatest rival to Floki’s $2.3 billion empire, according to a renowned analyst.&nbsp;In a recent video on YouTube, Jacob Bury speculated that PlayDoge could be “bigger than Axie Infinity or Floki.”&nbsp;</p> 
<p>The analyst also suggested the PlayDoge presale could provide up to 100x returns.</p> 
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<p>While it remains to be seen how far PLAY can go, it would not be the first time a memecoin presale had provided such outsized gains.</p> 
<p>For instance, LookOnChain reported that one Book of Meme presale investor made over 340x, flipping $19K into over $6.5 million.</p> 
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   <p lang="en" dir="ltr">A <a href="https://twitter.com/search?q=%24BOME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$BOME</a> pre-sale participant sold all 347M <a href="https://twitter.com/search?q=%24BOME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$BOME</a> for 34,647 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$SOL</a>($6.58M), a gain of 340 times!<br><br>He spent only 102 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$SOL</a>($19K) to participate in the pre-sale and received 347M <a href="https://twitter.com/search?q=%24BOME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$BOME</a> <a href="https://twitter.com/hashtag/airdrop?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">#airdrop</a>!<a href="https://t.co/9sQuPWJs3Q" target="_blank" rel="">https://t.co/9sQuPWJs3Q</a> <a href="https://t.co/h7sVrrDGoX" target="_blank" rel="">pic.twitter.com/h7sVrrDGoX</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1769021136254443734?ref_src=twsrc%5Etfw" target="_blank" rel="">March 16, 2024</a>
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<p>However, PlayDoge appeals to an extended crowd.</p> 
<p>Memecoin degens, utility-appreciating investors, P2E gamers, and those reminiscent of the original Tamagotchi game are all interested, meaning PLAY could be a major force in the market.</p> 
<p>Interested users can follow the project on <a href="https://x.com/PlayDogeGame" target="_blank" rel="">X</a> or join its <a href="https://t.me/PlayDogeGame" target="_blank" rel="">Telegram</a> to keep updated. Alternatively, visit its website to buy and stake tokens.</p> 
<p>To learn more, <a href="https://playdoge.io/en?clickId=fx_b88511_c6d8e6ed7619dc50d77e9cb7c5df3317_1" target="_blank" rel="">visit PlayDoge Presale</a>.</p> 
<p> Read more: <a href="https://crypto.news/playdoge-presale-hits-1-4-million-in-just-one-week/" rel=""> PlayDoge presale hits $1.4 million in just one week </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

PlayDoge presale raises $3.5m in two weeks, combining memes with P2E gaming

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