Meme coin and crypto gaming platform PlayDoge smashed through the $6 million milestone in its ongoing presale today, highlighting the enormous demand for the $PLAY token since the start of its ICO.
$PLAY is a play-to-earn crypto token that gives PlayDoge players the ability to earn coin rewards as they care for a virtual doge companion. $PLAY can be redeemed for in-game upgrades and is widely expected to rocket higher in value after launch.
Right now, early investors in the PlayDoge presale can buy $PLAY at a discounted price of $0.00527 ahead of the token’s launch on exchanges. The PlayDoge presale accepts ETH, USDT, BNB, and credit and debit cards.
PlayDoge Builds on Tamagotchi’s Success with Virtual Doge Companion Game
The hype around PlayDoge stems from the play-to-earn game at the heart of this ecosystem.
The PlayDoge game follows in the footsteps of Tamagotchi, the incredibly popular companion pet game that sold more than 82 million devices in the mid-1990s. PlayDoge emulates Tamagotchi’s companion pet experience, while offering major enhancements to the gameplay that could make PlayDoge even more engaging.
For example, PlayDoge has made its virtual doge companions more realistic and gives them the ability to run away from negligent owners. So, players have more incentive to pay attention to their doge and opportunities to improve if they fall behind on care.
PlayDoge has also added 20 side adventures, inspired by 1990s video games like Super Mario Bros., for players to participate in with their doge companions.
The whole PlayDoge experience will be available on iOS and Android devices with high-resolution graphics—a dramatic improvement over the 128-bit graphics of the original Tamagotchi game, which also required a separate device purchase.
Players who hold $PLAY tokens will be able to earn more $PLAY as they care for their doge and navigate the game’s side adventures. $PLAY tokens can be redeemed for in-game upgrades, making it easier for players to earn even more in the future.
Doge Meme Positions PlayDoge for Viral Success
PlayDoge’s embrace of the doge meme—it features a shiba inu as the companion pet that players care for in the game—is likely to play a supporting role in the game’s success.
https://x.com/PlayDogeGame/status/1820458783463621039
The doge meme has proven incredibly powerful for new meme coins. Solana’s $BONK meme coin, which also features a shiba inu as its mascot, rocketed to become the 5th-most valuable meme coin in a matter of months.
$WIF, another dog meme coin, sits just ahead of $BONK and is up 15% in the past 24 hours of trading.
PlayDoge could end up following in the footsteps of incredibly successful play-to-earn doge tokens like Tamadoge, which saw its price rocket nearly 500% when it launched in 2022—during the iciest part of the crypto winter.
Crypto analyst Jacob ‘Crypto’ Bury, who was one of the first analysts to back Tamadoge, pointed to PlayDoge’s similar blending of meme and play-to-earn communities. He predicted that $PLAY could be the next 10x meme coin soon after the ICO began, and the presale’s resounding suggests his prediction is likely to come true.
$PLAY Staking Offers Investors a Chance to Fill Their Bags
During the PlayDoge presale, early investors in $PLAY can stake their tokens to earn 78% APY rewards.
That’s significant because it’s a chance for traders and future players to fill their bags with $PLAY ahead of the launch. If $PLAY’s price shoots for the moon, early investors will see their returns multiplied thanks to the extra tokens earned through staking.
Staking rewards are expected to continue even after the PlayDoge game launches. 12% of the project’s total supply of 9.4 billion $PLAY tokens have been set aside for staking rewards. Another 6.5% of the supply is reserved for community rewards, suggesting PlayDoge may have an airdrop or another giveaway planned for the future.
The team behind PlayDoge hasn’t yet announced a listing date for the token, and there are plenty of $PLAY tokens yet to be claimed before the presale hits its hard cap of $24 million. However, at the rate $PLAY tokens are selling, it looks likely that the PlayDoge presale will sell out.
Either way, investors and gamers won’t want to wait to buy $PLAY since the next price increase is just 2 days away. Don’t miss this chance to join the PlayDoge presale and be a part of the biggest play-to-earn crypto launch of the year.
