Dogecoin Predicted to Rise 131% in 2024 as PlayDoge Raises Over $5.8M in Presale
PlayDoge ($PLAY) has raised over $5.8 million in presale funds and aims to surpass the $6 million milestone before the week ends.
Capitalizing on the renewed enthusiasm for meme coins, especially those with Shiba Inu-themed charm like Dogecoin ($DOGE) – projected to skyrocket by 131% in 2024 – PlayDoge pits its own virtual Shiba Inu into the mix and looks to secure the additional $162,000 to round up its funding figures.
PlayDoge’s soon-to-launch mobile game allows players to interact with a virtual Shiba Inu pet, inspired by the 90s classic game Tamagotchi. Besides enjoyment, players can earn rewards through its native token, $PLAY, by playing the game.
But even before the game launches, investors can already secure $PLAY in their wallets at the presale price of $0.00522 per token before the price increases to $0.00523, as PlayDoge closes another presale stage in under two days.
With a fixed total supply of 9.4 billion $PLAY tokens, its current rate remains at a significant discount compared to other meme coins lacking similar utility yet commanding double PlayDoge’s current market value.
Investors looking to capitalize on this discount should act quickly to secure their tokens. With an anticipated influx of investment capital in the coming days, PlayDoge could hit and conclude its presale goal swiftly.
This year’s meme coin supercycle was largely dominated by dog-themed tokens, with $DOGE and Shiba Inu ($SHIB) leading the pack. $DOGE has seen its market cap surge from $12 billion to $32.82 billion, while $SHIB has skyrocketed from $6.1 billion to $26.89 billion since the start of the year.
These top dogs have paved the way for newcomers like DogWifHat, boasting an incredible 1,324% surge, and Floki ($FLOKI),
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