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PlayDoge ($PLAY), which is now approaching $6 million in pre-sale funds raised, shows that the current market slowdown is just a minor blip in this year’s bull rally.
This new meme currency continues to charm the crypto world, especially with the upcoming launch of its crypto-revamped version of the classic 90s game Tamagotchi. Once online, the game lets you own a “Doge” in your wallet and interact with your virtual Shiba Inu pet on your mobile device.
A well-known analyst predicts that PlayDoge’s predecessor, Dogecoin ($DOGE), will hit $2 as the meme coin supercycle remains in play.
And PlayDoge stands to benefit from this trend, thanks to its extended play-to-earn (P2E) utility, which gives it more to offer than the average meme currency. As such, it has quickly become the new Shiba Inu on the block that everyone is watching.
The $PLAY token is being offered to early investors at its pre-sale price of $0.00526, but will increase to $0.00527 as the current pre-sale phase ends in less than 24 hours.
Dogecoin surges occur 8-9 months after each BTC halving, and PlayDoge can replicate that
LedgArt analyst and co-founder Kaleo shared on X that Dogecoin ($DOGE) could reach $1-2 in the coming months.
Kaleo notes that Dogecoin tends to move sideways most of the time, but experiences massive price pumps that typically occur eight to nine months after Bitcoin ($BTC) halving.
For example, Dogecoin surged nearly 6,000% in early 2017 after the Bitcoin halving on July 9, 2016, and increased more than 30,000% in 2021 after the Bitcoin halving on May 11, 2020.
For those of you saying DOGE is boring, you are mostly right.
It spent about 9.5 years of its existence moving sideways or down. The next year? It had a period where it was up about 6,000% from the lows and another where it was up over 30,000%.
THE… pic.twitter.com/523tqCMBdC
— KALEO (@CryptoKaleo) June 25, 2024
Currently, Dogecoin is in sideways mode again, and with only three months left after the halving, the $DOGE price surge could take place between December and February next year.
This pattern matches the increase in Bitcoin price during the last two halving periods, where significant price gains began after around 250 days.
In 2020, Bitcoin increased by 320.9% 250 days after the halving, up only 26.8% after 150 days, and continued to increase by 492% after 300 days.
Similarly, in 2016, the price of Bitcoin increased by 78.7% 250 days after the halving, compared to 15.5% in the first 150 days and 135.9% after 300 days.
Source: History Tells Us This Is What Happens After Bitcoin Halving | Nasdaq
It appears that the current market gloom may just be a short-lived scare as interest in cryptocurrencies remains strong.
For a new meme coin like PlayDoge, which is on track to hit $6 million in no time, its current value could skyrocket once it hits a major exchange as more investors get their hands on it.
Being a BSC-based token, it has already caught the attention of the Binance listing team, so it wouldn’t be surprising if it gets listed on Binance and increases in value alongside $DOGE in the next five to six months.
PlayDoge is the best meme currency with P2E functionality
PlayDoge combines memetic vibes with P2E elements through its ultra-cute Shiba Inu mascot and encrypted Tamagotchi-style gameplay.
Players care for their virtual Shiba Inu pets by feeding and training them on their mobile devices and earn $PLAY tokens, which provide both in-game and broader market utility.
Top pet owners who climb the leaderboard will earn even more $PLAY tokens.
That’s why PlayDoge isn’t just another Shiba Inu-themed coin; it’s a very fun and rewarding game. No wonder YouTuber ClayBro is calling it the next big meme coin:
To be an early backer of the soon-to-be-launched PlayDoge game, head over to its website and redeem your $PLAY tokens by exchanging BNB, USDT, or ETH. Buyers can also pay for their tokens using their credit or debit card.
PlayDoge’s smart contract is fully audited, giving potential contributors peace of mind about the soundness of the project.
Stay up to date with project developments by joining the community on X and Telegram.
Buy $PLAY today!
PlayDoge (PLAY) – Latest Launch on BNB Channel
- Virtual Pet Dog 2D
- Play to win Meme Coin Fusion
- Staking and In-Game Token Rewards
- SolidProof Audit – playdoge.io
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