PlayDoge, a new multichain Play-to-Earn (P2E) meme coin, has raised over $4 million in just two weeks of its presale. This is a significant achievement for a project that is still in its early stages. The team behind PlayDoge has been working hard to create a unique and engaging gaming experience that combines the nostalgia of Tamagotchi with the excitement of a P2E game.

The game is set to launch soon, and investors are eager to get in on the action. The presale is currently ongoing, and investors can purchase tokens for a fraction over half a cent. This is a great opportunity for early birds to get in on the ground floor and potentially purchase at the lowest possible price for the remainder of the year.

The demand for meme coins is heating up this summer, with many coins outperforming Bitcoin. PlayDoge is no exception, with its token, $PLAY, showing strong potential for growth. The game's P2E element is another major draw, as it allows players to earn tokens passively through staking.

PlayDoge is not just another meme coin; it's a monetized Tamagotchi remake in Web3, with $PLAY serving as the in-game currency. The game is designed to be fun and engaging, with players earning XP for tending to the needs of their virtual Shiba Inu and embarking on exciting in-game adventures and mini-games.

The game's staking functionality is another major draw, allowing users to earn tokens passively. Early staking participants can enjoy a generous APY of 242% on Ethereum and 88% on BNB Chain.

PlayDoge's $PLAY Straddles The Meme Coins, Play-To-Earn, And Gaming Remake Sectors

PlayDoge can be classified as a meme coin, but it is by no means just that. In reviving a popular 8-bit 90s game, it's also channeling the thriving nostalgia of the game remakes sector.

Last year was labeled the golden era of game remakes. But even prior to that, sales of major remakes had already doubled from 2018 to 2020. And despite 2022's crypto winter, the Web3 gaming and metaverse industry still saw substantial investment last year of around $2.9 billion, as reported by DappRadar.

These trends show that PlayDoge's monetized Tamagotchi remake rides the sweet spot between game remakes, Play-to-Earn and meme coins. And with the P2E element – another popular sub-sector of crypto gaming that is sure to enjoy a strong breakout – it's hardly surprising that YouTube influencers from 99Bitcoins to ClayBro and CryptoNews all see PlayDoge as the next big meme coin.

Get a Headstart on Lovable Tamagotchi Remake PlayDoge With $PLAY

As mentioned earlier, the PlayDoge app is currently in development, but this sweltering presale will likely propel it quickly through the next stages of its roadmap. PlayDoge allocates a total of 50% of its 9.4 billion token supply, roughly 4.7 billion $PLAY tokens, to its presale, while 12%, or 1.128 billion tokens, are for staking.

It is also worth noting that $PLAY's home chain is the Binance Smart Chain, now called BNB Chain. This fact alone will significantly facilitate a potential Binance listing, when the PlayDoge and its native utility token $PLAY take off. Binance is the world's largest centralized exchange so a listing there would be a major valuation booster because of the liquidity that would potentially flood into $PLAY trading pairs.

BNB Smart Chain is Binance's in-house blockchain. The global exchange giant boasts a market share of 49% as of March 2024. Moreover, PlayDoge's smart contract is fully audited by SolidProof, which gives prospective investors peace of mind about the project's security.

In conclusion, PlayDoge is a unique and exciting project that combines the nostalgia of Tamagotchi with the excitement of a P2E game. With its strong potential for growth and its unique features, it's no wonder that investors are eager to get in on the action.