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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

PlayDoge Presale Enters Final Days as Analyst Forecasts 10x Gains

NewsBTC
NewsBTC
8 months ago
4 mins read

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PlayDoge (PLAY,) the Tamagotchi-inspired P2E project is amassing expert attention as it prepares for DEX launch. With less than three days remaining for its ICO, it has already accumulated more than $6 million during the presale.

As its launch date nears, experts and analysts are predicting bullish movement for the token, let’s look at what all the hype is about.

PlayDoge Presale Gains Momentum Before Launch

PlayDoge’s presale gained momentum this month, propelling it to burst through the $6 million threshold in funding. Selling for $0.00531 each, PLAY launches on DEXs on August 26th.

The price per token could still increase, as PlayDoge follows a dynamic pricing model. If the token raises another $600,000 we’ll see the price increase again before the presale concludes.

PlayDoge has allocated 50% of its total supply of 9.4 billion tokens to the presale, favoring the early investor. The developers set no minimal investment requirements, allowing everyone to buy PLAY using ETH, BNB, USDT, or a credit or debit card. However, there is a ceiling on the presale according to CoinSniper, showing the developers’ long-term commitment.

 

🚨 Important Announcement 🚨

PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10am UTC! ⏳

Buy $PLAY in final stages now! 💰
👉 https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H

— PlayDoge (@PlayDogeGame) August 16, 2024

12% of its total token supply went into staking, which currently offers a 74% P/A, allowing investors to nearly 2x their PLAY over one year. Investors can stake the token through the BNB or ETH chains.

Although PlayDoge’s presale prioritizes early investors, everyone can earn PLAY as they play PlayDoge’s mobile game, which is set to launch after the presale concludes.

Tamagotchi Meets P2E With PlayDoge’s Mobile Game

The Tamagotchi devices of the ‘90s sold more than 82 million copies, and PlayDoge is set to capitalize on the nostalgia. Like Tamagotchi, PlayDoge’s mobile game revolves around caring for a virtual pet by feeding, bathing, and playing with them.

Not only will it scratch the nostalgic itch of millions of older gamers worldwide, but it also is a welcome change to the meme coin space. Its less-intensive gameplay will differ from other P2E titles like Gods Unchained or Axie infinity which require a significant time commitment.

With the concept drawing increasing attention, PlayDoge has impressed its 24,000+ followers on X (Twitter) and Telegram with alpha footage previews of its upcoming game.

 

This is your last opportunity to buy $PLAY in the presale. 🚨

Less than a week to go!

BUY NOW 👇 https://t.co/JT0VEofqf2 pic.twitter.com/h3aeAYsn7s

— PlayDoge (@PlayDogeGame) August 21, 2024

A strong and engaged community is crucial for any meme coin’s success, and PlayDoge’s charming 8-bit aesthetic has been a significant contributor to this so far.

PlayDoge will release its mobile game on Google and Apple app stores after the presale ends. Before the app’s launch, there will be a beta testing period and a marketing pump by the PlayDoge team, for which they’ve allocated 10% of the total PLAY token supply.

This gives PlayDoge the potential to break into the mobile gaming industry worth. Valued at $136 billion, PLAY is sure to skyrocket if it can get a significant slice of the pie.

PlayDoge’s Roadmap and Strong Fundamentals Attract Expert Attention

PlayDoge’s roadmap shows the first phase is already completed, with a large following on social media. The second phase of its roadmap finalizes with the token’s listing on DEX after the presale concludes.

With the third and fourth phases, PlayDoge intends to fully release its mobile game and list on CEXs. Community airdrops will also motivate PLAY holders to interact with each other, and help keep the coin popular.

Thanks to its early marketing success, experts see the potential for PlayDoge to skyrocket after launch, but they’re also impressed with its effort to enhance investor security.

PlayDoge dedicated 11.5% of its total token supply to liquidity, minimizing slippage and the risk of a rug pull. The meme coin project also underwent an audit by SolidProof, which detected no issues with its smart contract.

PlayDoge’s $6 million raised during the presale, detailed roadmap, and strong fundamentals have attracted the attention of numerous crypto analysts and influencers.

One of them, Cryptonews, believes the game could attract millions of mobile gamers, giving it the potential to explode very quickly after launch.

PLAYDOGE IS ABOUT TO EXPLODE!! HUGE UPDATES FOR PLAY DOGE!!

With less than 3 days left in the presale, this is the last chance for investors to get in on PlayDoge at its presale prices.

Visit PlayDoge Presale

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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