Play-to-earn crypto game and meme coin PlayDoge is wrapping up its massively successful presale tomorrow after raising nearly $6.5 million from sales of its $PLAY token.
The project plans to list $PLAY on Ethereum decentralized exchanges like Uniswap and SushiSwap, kicking off what’s widely expected to be a frenzy of trading activity. Meme coin analysts have predicted that PlayDoge could pump 10x-20x in the days after launch.
Investors who want to take part in this potentially explosive price action have one final chance to buy $PLAY before the presale ends. It’s available now on the PlayDoge presale site at a fixed price of $0.00532 and can be purchased using ETH, USDT, BNB, or a credit card.
PlayDoge Builds Hype with Universally Appealing Companion Pet Game
The excitement around PlayDoge stems from the play-to-earn game the project is building, which combines the companion pet gameplay of the 1990s-era hit Tamagotchi with the modern doge meme.
In PlayDoge, players receive a virtual doge companion pet that they have to take care of. The better players care for their doge, the more $PLAY tokens they can earn. $PLAY can be redeemed for in-game upgrades, making it even easier to earn in the future.
In addition, the team behind PlayDoge has built 20 side adventures inspired by classic video games like Super Mario Bros., Donkey Kong, and more. Players can navigate these adventures with their doge companion and earn even more $PLAY along the way.
The PlayDoge game could appeal to a wider audience than virtually any play-to-earn game that’s come before it. Tamagotchi sold more than 82 million devices at the game’s peak, and PlayDoge is infinitely more accessible thanks to native mobile apps for iOS and Android.
Plus, gameplay in PlayDoge is far more immersive compared to Tamagotchi. The play-to-earn rewards are also a huge draw, incentivizing engagement with PlayDoge in a way that Tamagotchi never did.
Players will need to own $PLAY tokens in order to qualify for play-to-earn rewards in PlayDoge. So, the more players the game attracts, the more demand there is for $PLAY to push the token’s price higher.
PlayDoge Staking Offers Additional Gains, Attracts Meme Coin Investors
There’s another aspect to PlayDoge that’s proven incredibly popular among meme coin investors during the presale: $PLAY token staking.
At the beginning of the presale, investors in $PLAY could earn triple-digit returns for staking tokens ahead of the project’s launch. Even now, with just one day left before launch, PlayDoge is offering 68% APY for staked $PLAY tokens.
It’s an opportunity to earn passive income and increase your $PLAY bag while the token’s early price action unfolds. PlayDoge has set aside 12% of the total token supply for staking, so $PLAY rewards are likely to continue even after the game launches.
$PLAY token staking is also crucial to the success of the token’s launch. More than 276 million $PLAY tokens have been staked, and investors who staked their tokens have to hold through the launch in order to see their staking rewards vest.
It’s a major incentive for early presale investors to hold onto their $PLAY rather than sell and pocket gains. That keeps $PLAY tokens off the market when the trading frenzy is at its peak, helping the coin’s price pump even higher.
Crypto Analyst ClayBro Predicts 20x Gain, Others Issue Bullish Predictions
PlayDoge’s $6.5 million raise didn’t go unnoticed by crypto analysts. Several prominent meme coin analysts including ClayBro, Jacob Bury, Crypto Boy, and Matthew Perry have thrown their weight behind $PLAY, predicting huge gains in the token after launch.
ClayBro, for instance, predicted that $PLAY has 20x potential and called it ‘the best play-to-earn game in crypto.’
Jacob Bury backed PlayDoge with a 10x prediction, and Crypto Boy suggested $PLAY could rocket 100x or more after its game launches.
At the same time, PlayDoge has gotten a ton of attention in crypto industry outlets like Bitcoin.com, Bitcoinist, and Crypto Daily. Clearly, all eyes in the meme coin world are on the PlayDoge launch.
Investors who haven’t already jumped on the PlayDoge train have one last chance before it leaves the station for good.
The presale officially ends at 10am UTC on August 29—until then, you can buy $PLAY at a fixed price of $0.00532 on the PlayDoge presale site and claim your tokens immediately to be ready for the DEX launches.
