New Play-to-Earn Meme Crypto Enters Pre-Sale Could this be the next Axie Infinity or Floki Inu?

adminJune 6, 2024

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PlayDoge (PLAY), a newly launched play-to-earn (P2E) meme cryptocurrency, has already raised $2.3 million in its first week of pre-sale. P2E games have transformed the world of gaming by creating a new economic model that allows players to earn cryptocurrency through gameplay.

These changes provide financial incentives for players beyond traditional entertainment. The surge in NFTs and blockchain technology has had a huge impact on this trend, driving the development of gaming in this direction with no signs of slowing down.

PlayDoge combines memes and peer-to-peer gaming into a rewarding experience.

PlayDoge stands out with a unique P2E use case that leverages the viral nature of meme coins. PlayDoge takes inspiration from the Tamagotchi game, a popular game from the 90s where players raised virtual pets, and puts a modern spin on it by offering financial incentives to keep users engaged.

Unlike Tamagotchi, PlayDoge develops native iOS and Android apps, eliminating the need for a standalone mobile app and ensuring accessibility to millions of potential players around the world.

PlayDoge plans to debut with 20 side quests inspired by iconic video games like Super Mario, turning users into ‘pet parents’ for the 8-bit pixel Doge, a nostalgic nod to the classic Shiba Inu meme of retro mobile gaming. invite. environment.

Users will care for their virtual pets, engage in mini-games, and bond with them, mirroring the real-life pet ownership experience. Through interaction and completing challenges, PlayDoge users climb the leaderboard and earn more $PLAY tokens.

Based on the BEP-20 standard, these tokens can be traded for other cryptocurrencies or utilized within the PlayDoge ecosystem.

PlayDoge’s token economics, pre-sale and staking rewards

The PlayDoge pre-sale is currently live, giving investors the opportunity to purchase $PLAY at a discounted price of $0.00503. However, as the structure progresses in stages, this price is expected to rise in subsequent pre-sale rounds.

After the pre-sale, PlayDoge will debut on a decentralized exchange (DEX) with the $PLAY token as the centerpiece of the ecosystem. Users can utilize it for cashing out, in-game transactions, staking, etc. Currently, stakers can earn 128% APY, but this percentage will decrease as the staking pool expands.

Notably, pre-sale buyers can start staking immediately, allowing PlayDoge users to earn passive income while caring for their virtual pets. This positive feedback loop contributes to PlayDoge’s optimistic outlook.

The project team allocates 30% of the total token supply to pre-sale, 20% to community rewards, 11.5% to liquidity, 20% to marketing, 12.5% to project funds, and 6% to staking rewards. This proved the excellence of token economics. .

A new achievement has been unlocked! 🏆
Over $2 million raised and counting #Ticketing.
Don’t get caught by the ghosts! 👻
Secure your spot now before the next price rise. ⏰#playdoji #memecoin #Pacman #BNB pic.twitter.com/Y589v4bH27
— PlayDoge (@PlayDogeGame) June 5, 2024

Positioned between two prominent narratives, PlayDoge’s multi-faceted utility and agile token economics highlight the legitimacy and extensive experience of the project team.

These factors have caught the attention of industry analysts and cryptocurrency YouTube channels such as Cryptonews, who speculate that PlayDoge could emerge as the next Dogecoin. Additionally, Jacob Bury suggested in a recent video on his YouTube channel that PlayDoge could potentially increase by 10x.

Jacob also maintains a Discord server with over 26,000 members where he provides trading tips and insights on upcoming cryptocurrency presales. With its wide range of utilities and meme-inspired appeal, PlayDoge has the potential to become the next major meme coin.

To stay updated with the latest PlayDoge pre-sale news, follow our X account (formerly Twitter) or join our Telegram channel. To participate in the $PLAY token presale, visit playdoge.io.

PlayDoge (PLAY) – Latest launch on BNB chain