Pepe

Pepe (SOLANA)

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<p>The post <a href="https://coinpedia.org/press-release/new-p2e-meme-coin-playdoge-raises-over-1-4m-in-first-week-of-presale/" rel="noopener noreferrer nofollow">New P2E Meme Coin PlayDoge Raises Over $1.4M in First Week of Presale – Best Crypto to Buy?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The newly launched <a href="https://coinpedia.care/b_playdoge-en_88485?referrer=new-p2e-meme-coin-playdoge-raises-$1m-at-presale---4-days-until-price-increase" target="_blank" rel="noopener noreferrer nofollow">PlayDoge</a> meme coin is racing ahead in its presale, surpassing the $1 million total raised mark just a week after launch.</p>
<p>It was released on 28 May and has already raised a staggering $1.3 million, averaging almost $200K daily.</p>
<p>This decisive early success reflects a nod of approval from investors, likely drawn to its exciting Play-to-Earn (P2E) utility.</p>
<h2 class="wp-block-heading" id="h-a-contemporary-twist-on-the-tamagotchi-game-that-sold-82-million-units">A contemporary twist on the Tamagotchi game that sold 82 million units</h2>
<p>Based on the hit 1990s Tamagotchi game, PlayDoge is bringing a blast from the past to the market while making some fine-tuned adjustments for long-term success.</p>
<p>For those who don’t know, Tamagotchi was an 8-bit game in which users raised and cared for their Tamagotchi pet. They kept it fed, rested, and entertained. When it died, the game restarted.</p>
<p>Such a simplistic concept did not stop a frenzy of excitement, with the Tamagotchi game selling over 82 million units.</p>
<p>However, PlayDoge is taking this nostalgic idea and applying cutting-edge Play-to-Earn principles, establishing economic value that rewards players for engaging.&nbsp;</p>
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   <p lang="en" dir="ltr">You can now relive the <a href="https://twitter.com/hashtag/Tamagotchi?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tamagotchi</a> experience in the Cryptoverse. <br><br>What a time to be alive! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f929.png" alt="🤩" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> mini-games<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> Low gas fees on <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> Lots of <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> rewards<a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> <a href="https://twitter.com/hashtag/CryptoGaming?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoGaming</a> <a href="https://t.co/HXIIQeA31q" rel="noopener noreferrer nofollow">pic.twitter.com/HXIIQeA31q</a></p>— PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1797216862935072777?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 2, 2024</a>
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<p>Indeed, considering Tamagotchi’s popularity, the project holds significant potential to draw a crowd reminiscent of the original version. Meanwhile, PlayDoge will also attract users interested in digital currencies and P2E gaming.&nbsp;</p>
<p>According to its website, PlayDoge will be a mobile game that launches on the App Store and Google Play Store.</p>
<p>Users can care for their pet doge and compete in mini-games to earn XP. This will push them higher up the platform’s leaderboard, and the higher they go, the more $PLAY they earn.</p>
<p>But here’s the kicker – users need $PLAY to earn rewards. In other words, the game’s success will bolster $PLAY demand and increase its price growth potential.</p>
<p>And that’s not all. In addition to cashing out their tokens, users can stake them or make in-game purchases, creating even more favourable supply and demand dynamics.</p>
<p>Ultimately, combining a modern-day twist on the uber-popular Tamagotchi game with robust tokenomics sets a bullish outlook for <a href="https://coinpedia.care/b_playdoge-en_88485?referrer=new-p2e-meme-coin-playdoge-raises-$1m-at-presale---4-days-until-price-increase" target="_blank" rel="noopener noreferrer nofollow">PlayDoge</a>, and that’s not to mention its meme coin allure.</p>
<h2 class="wp-block-heading" id="h-meme-coin-season-continues-to-prevail-can-play-be-the-next-10x">Meme coin season continues to prevail – can $PLAY be the next 10x?</h2>
<p>It’s no secret that the meme coin domain has been one of crypto’s top-performing sectors in 2024.&nbsp;</p>
<p>This ranges from blue-chip phenoms like Pepe and Dogwifhat surging 10x or more to the newly launched DOG•GO•TO•THE•MOON garnering an $800 market cap after launching one month ago.</p>
<p>And now PlayDoge has entered the race, vying for memetic notoriety with an 8-bit doge as its mascot.&nbsp;&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> is coming to take over the <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> meme space.<br><br>Don’t miss the <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a>! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> <a href="https://t.co/fAkZ7lUIgq" rel="noopener noreferrer nofollow">pic.twitter.com/fAkZ7lUIgq</a></p>— PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1796904636634317147?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 1, 2024</a>
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<p>It’s also worth considering that doge-themed cryptos have a head start, boasting instant recognisability to Dogecoin.</p>
<p>Despite the rise of frog and cat coins this year, the doges continue to dominate, with six of the top ten meme coins currently under the doge banner.</p>
<p>Given these factors, it is no surprise that investors and analysts are rallying in support of PlayDoge’s presale.</p>
<p>Alongside the $1.3 million total raised, PlayDoge has attracted over 1.2K followers to its <a href="https://x.com/PlayDogeGame" rel="noopener noreferrer nofollow">X</a> account and 1.2K members to its <a href="https://t.me/PlayDogeGame" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>.</p>
<p>Meanwhile, leading crypto analysts are also backing the project. In a recent video, Jacob Bury speculated that it could 10x after its presale, highlighting its blend of P2E and meme coins hints at solid potential.</p>
<p>Bury is a well-known low-cap trader renowned for backing meme coins like Sponge and Smog, which each soared over 100x. As such, his support for PlayDoge should not be overlooked.</p>
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<p>The Cryptonews YouTube channel also hailed PlayDoge, <a href="https://www.youtube.com/watch?v=B77b4dg6EJ4&amp;pp=ygUIcGxheWRvZ2U%3D" target="_blank" rel="noopener noreferrer nofollow">dubbing</a> it the “best gaming project.”</p>
<p>It has also been featured in leading media outlets, including <a href="https://www.google.co.uk/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://cryptopotato.com/after-memeinators-successful-ieo-could-playdoge-be-the-next-big-meme-coin-presale/&amp;ved=2ahUKEwiFjcK4tL6GAxUmZWwGHY6FCRgQxfQBKAB6BAgLEAE&amp;usg=AOvVaw0TAN92zydQTA-InSDroe3f" target="_blank" rel="noopener noreferrer nofollow">CryptoPotato</a>, <a href="http://bitcoin.com" target="_blank" rel="noopener noreferrer nofollow">Bitcoin.com</a>, and <a href="https://www.google.co.uk/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://en.cryptonomist.ch/2024/05/29/is-playdoge-legit-new-crypto-play-token-passes-solidproof-audit/&amp;ved=2ahUKEwiFjcK4tL6GAxUmZWwGHY6FCRgQxfQBKAB6BAgMEAE&amp;usg=AOvVaw1z2Jhln_tRqxP39aYFhbHw" target="_blank" rel="noopener noreferrer nofollow">The Cryptonomist</a>.</p>
<h2 class="wp-block-heading" id="h-playdoge-s-massive-240-apy-staking-rewards-are-on-a-first-come-first-served-basis">PlayDoge’s massive 240% APY staking rewards are on a first-come, first-served basis</h2>
<p>Alongside the P2E rewards and the potential for $PLAY’s price to surge, PlayDoge is causing a buzz with its massive staking yield.</p>
<p>The staking layer encourages users to lock up their tokens for passive rewards.&nbsp;</p>
<p>This presents a win-win scenario: on the one hand, holders can compound their investment. On the other, there will be less collective sell pressure, allowing the $PLAY’s price to grow steadily.</p>
<p>Currently, a whopping 240% APY is on offer. However, this will decrease as more tokens are staked, so potential buyers must act quickly to avoid missing out.</p>
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<p>According to its website, 6% of the token’s supply is allocated to staking rewards. Another 50% is earmarked for the presale, and the rest will be divided between community rewards, liquidity, marketing, and project funds.</p>
<p>The current PlayDoge price is $0.00502, but this will rise incrementally throughout the presale. The next uptick will come in four days or when the total raise hits $1.9 million.</p>

New P2E Meme Coin PlayDoge Raises Over $1.4M in First Week of Presale – Best Crypto to Buy?

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