A new, innovative meme coin has arrived on the scene – and investors are starting to take notice.
PlayDoge (PLAY), a P2E crypto gaming project based on the popular Doge meme, has raised more than $200,000 in the first few hours of its pre-sale.
PlayDoge – The meme-inspired virtual pet with real crypto rewards
So what is it about PlayDoge that interests investors?
Think of it as a modern, blockchain-powered reboot of the classic Tamagotchi virtual pets from the ’90s — but with a meme-style twist.
All this is done through an application on users’ smartphones.
Users begin by caring for and nurturing their 8-bit Doggie, ensuring he is fed, entertained and in a good mood.
The key is to build a lasting bond, just like with a real pet.
But here’s the point – the better users take care of their doge, the more chances they have to earn PLAY tokens by playing mini-games together.
These PLAY codes have real utility as well.
PLAY can be cashed out for cryptocurrencies or used within the PlayDoge ecosystem.
Essentially, PlayDoge users will receive regular crypto rewards just for being a good “pet parent.”
However, users must make sure not to neglect their pet, as there is a possibility that it might run away forever
This play really enhances the interactivity of the PlayDoge experience.
Leaderboards and token flags fuel early hype for the game’s pre-sale
But just taking care of a Doge pet isn’t the only way to earn PLAY Tokens.
PlayDoge also features a leaderboard system that ranks players based on their pet care skills and mini-game prowess.
The higher the player climbs, the more additional PLAY tokens he or she will earn.
Speaking of PLAY, the token setup also looks attractive.
30% of the total supply of 9.4 billion is allocated to pre-sale, with large portions allocated to liquidity, marketing, development funds and mortgage bonuses.
Hype is already building around PLAY Token’s prospects, as evidenced by early pre-sale traction.
The pre-sale only launched a few hours ago, yet it has already raised over $200,000 in funding.
In this initial phase, PLAY tokens will be sold at their lowest price of $0.00451.
However, due to its stage-based structure, this price is set to rise in subsequent pre-sale rounds.
After the preview concludes, PlayDoge is set to make its debut on DEX platforms.
Given that PLAY uses the BEP-20 standard, early members of PlayDoge’s Telegram community believe PancakeSwap is a likely destination.
PlayDoge can capitalize on the huge growth potential of the P2E sector
The timing couldn’t be better for the launch of PlayDoge.
Experts expect the overall video game industry to grow from approximately $250 billion in 2023 to $665 billion by 2023.
These are crazy growth forecasts that highlight the huge potential in the space.
However, the P2E sector itself is already seeing massive adoption and interest.
At the time of writing, the sector is valued at more than $14 billion, according to CoinMarketCap data.
Cryptocurrencies that combine fun gameplay with potential rewards are clearly becoming more popular.
A prime example is Floki Eno.
The FLOKI token is up more than 760% in the past year and currently has its own P2E game, Valhalla, in the testnet phase.
Valhalla’s potential has led to massive demand for FLOKI as the token is an integral part of the game’s ecosystem.
If PlayDoge can learn from FLOKI, we could see similar noise levels to PLAY.
Looking ahead, PlayDoge’s roadmap also points to a massive PLAY token drop in Phase 4.
Combining all these selling points – airdrops, the growth of the P2E sector, and the pet care gameplay – it’s easy to see why investors are so excited about PLAY’s price potential.
Visit PlayDoge Presale
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