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New Crypto Launch to Watch: P2E Meme Coin PlayDoge Raises $200k in First Hours of Presale

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New crypto gaming project PlayDoge just launched the presale for its $PLAY token, which unlocks play-to-earn (P2E) rewards in a 90’s-style 8-bit companion pet game. The response was immediate and incredibly positive—investors purchased more than $200,000 worth of $PLAY within hours of the launch.

The overwhelming support for $PLAY sends a signal that this could be one of the next big meme coins to hit the crypto market. Its mobile-first game has potential to appeal to an incredibly wide audience, while staking and P2E rewards encourage investors to hold onto $PLAY for the long term.

PlayDoge Plans Modern Take on Tamagotchi-style Pet Game

PlayDoge was inspired by the Tamagotchi, a 90s-era video game in which players had to care for a virtual pet to keep it alive and in good condition. In PlayDoge, players will need to care for a virtual doge.

However, PlayDoge has also made important upgrades to the classic companion pet game.

First, players in PlayDoge can do more than just care for their doge. They can also take it on 2D adventures and side missions, all of which reward players with additional $PLAY tokens. $PLAY tokens are also awarded for players who take good care of their doge, encouraging higher and more consistent engagement with PlayDoge.

In addition, players within PlayDoge aren’t on their own. The PlayDoge world is an interactive landscape where doge owners will be able to interact and form communities. That gives it metaverse-like qualities that are likely to drive engagement.

Finally, PlayDoge doesn’t require a standalone device like Tamagotchi did in the 90s. Instead, PlayDoge will be available as a mobile app on iOS and Android. The team behind PlayDoge also plans a modern take on 8-bit graphics that offer higher resolution, touchscreen control, and more ways to interact with doge pets.

$PLAY Offers 8,315% APY, Potential for Major Listings

The $PLAY token that PlayDoge just released on presale is central to its companion pet game. Players will need to hold $PLAY tokens in order to receive P2E rewards within the game. $PLAY is also the currency for all in-game transactions, including upgrades and special features for players’ pets.

That alone is expected to drive demand for the $PLAY token, but PlayDoge has gone a step further by offering one of the highest staking reward rates available in the crypto market today. Investors who buy $PLAY during the first stage of the presale can earn 8,315% APY for a limited time—a massive amount of interest to increase their $PLAY holdings ahead of the token’s launch.

It’s also noteworthy that $PLAY is a Binance Smart Chain (BSC) token. This chain was developed by Binance, the world’s largest crypto exchange, and Binance often lists new BSC tokens for trading. Listing on Binance would put $PLAY in front of a huge global audience, potentially sending the token’s value skyrocketing.

PlayDoge Presale Offers Chance to Lock in Best Price for $PLAY

For a limited time, investors and future PlayDoge players have a chance to lock in $PLAY tokens at a price of $0.005. That’s a significant discount from the planned list price of $0.0054, giving investors an 8% unrealized gain at the time of launch—before counting any staking rewards, which are worth a lot more.

During the presale, investors can buy $PLAY with BNB, USDT, or ETH. However, only investors who buy on Binance Smart Chain (BNB or USDT) will qualify for staking rewards.

Considering how quickly $PLAY tokens have sold in the first hours of the presale, there likely isn’t much time to lock in the initial $0.005 price. Don’t miss this chance to invest in the next big P2E meme coin game at the lowest possible price.

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Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.