A new multichain Play-to-Earn (P2E) meme coin called PlayDoge ($PLAY) has raised over $4 million after only two weeks of its presale.
The news comes just two days after the team added Ethereum staking, alongside its original staking option on PlayDoge’s home base BNB Chain. The latter blockchain is still considered the project’s primary kennel, as it powers the eponymous upcoming 8-bit P2E game.
PlayDoge is a retro game starring the iconic Doge meme, which has inspired six of today’s 10 biggest meme coins by market capitalization. Doge is now the central character in a remake Tamagotchi game from the 90s, creating a fun virtual gaming experience where players attentiveness towards him earns them the game’s native token, $PLAY.
For those who want to get a headstart on the potentially explosive upside before the game’s launch, there is an ongoing presale. At present, investors can snap up the tokens for a fraction over half a cent.
Early birds who buy in during the ICO will potentially purchase at the lowest possible price for the remainder of the year. Given the utility of the token’s underlying premise, it could be the lowest price, full stop.
That’s because once the game launches and $PLAY hits the open market, word of mouth amongst gamers and crypto fans could send the token soaring potentially past Dogecoin’s current levels of $0.14 and up to the revered dollar mark.
The demand for meme coins is heating up this summer…
A cursory glance at some of the top-performing meme coins today shows how the sector often outperforms crypto market leader Bitcoin ($BTC) when the market is doing well.
BTC added 1.5% in the last 24 hours, getting outpaced by Pepe ($PEPE), which grew 7%. Newcomer Brett ($BRETT) is up 6%, while two dog-themed
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