Tamagotchi Crypto Remake PlayDoge Unveils Ethereum Staking And Multi-Chain Bridging After Raising Almost $4m In First Two Weeks
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Barely
two
weeks
into
an
ICO
that
has
so
far
raked
in
$3.6
million,
Play-to-Earn
(P2E)
meme
coin
PlayDoge
($PLAY)
has
gone
multi-chain,
announced
Ethereum
staking,
in
addition
to
existing
staking
on
its
home
chain
BNB.
Today’s
news
means
that
PlayDoge’s
$PLAY
token
is
now
on
both
Ethereum
and
BNB
Chain,
with
an
option
to
bridge
between
both.
However,
BNB
Chain
remains
the
primary
chain
as
it
will
be
used
in
the
eponymous
upcoming
8-bit
P2E
game’s
ecosystem.
PlayDoge
combines
the
iconic
Doge
meme,
which
has
inspired
six
of
today’s
ten
biggest
meme
coins
by
market
capitalization,
with
the
beloved
Tamagotchi
game
from
the
90s,
creating
a
fun
virtual
gaming
experience
where
players
play
to
earn
the
game’s
native
token,
$PLAY.
For
those
who
want
to
get
a
headstart
on
the
potentially
explosive
upside
before
the
game’s
launch,
there
is
an
ongoing
presale.
At
present,
investors
can
snap
up
the
tokens
for
a
low
price
of
only
$0.00506
each.
Only
a
day
remains
until
the
presale
enters
its
eighth
stage
(of
forty),
where
the
token
price
will
rise
to
$0.00508,
so
early
birds
get
to
lock
in
$PLAY
at
what
could
potentially
be
the
lowest
possible
price
for
the
remainder
of
the
year.
Once
the
game
launches
and
$PLAY
hits
the
open
market
the
potential
upside
could
send
the
token
soaring.
Meme
Coin
And
P2E
Summer
Has
Arrived
The
demand
for
meme
coins
is
heating
up
this
summer…
In
April
alone,
CoinMarketCap
recorded
a
total
of
138
new
meme
coin
listings.
Currently,
the
total
meme-based
crypto
market
cap
stands
at
a
sweltering
$63
billion.
These
coins
attract
lasting
gains
for
their
holders.
Those
who
bought
market
leader
and
original
canine
meme
coin,
Dogecoin
($DOGE),
saw
their
bags
swell
by
142%
over
the
last
365
days.
Meanwhile,
diamond-handed
Floki
($FLOKI)
holders
are
59%
richer
than
they
were
this
time
last
month
and
an
eye-watering
1,232%
better
off
than
they
were
if
they
bought
in
at
this
time
last
year.
While
intraday
gains
have
slowed
down
for
a
period
of
consolidation,
it’s
worth
noting
that
PlayDoge’s
other
coin
category,
Play-to-Earn
(P2E),
is
also
cooking
this
summer.
The
global
video
game
market
is
expected
to
reach
a
staggering
$665
billion
by
2033,
according
to
Precedence
Research,
and
one
of
its
latest
innovations
is
mobile
P2E
games,
with
the
Play-to-Earn
gaming
category
on
CoinGecko
increasing
to
a
total
market
cap
of
around
$13
billion
in
June
2024.
A
Dog-Themed
Meme
Coin
With
A
Touch
Of
90s
Gaming
Nostalgia
PlayDoge
is
not
just
another
meme
coin.
It’s
a
monetized
tamagotchi
remake
in
Web3,
with
$PLAY
serving
as
the
in-game
currency.
Fans
of
the
90s
handheld
digital
pets
will
be
delighted
to
see
how
PlayDoge
gives
them
strong
incentives
to
rekindle
their
childhood
and
become
attentive
virtual
pet
owners
again.
This
time,
their
positive
efforts
towards
pet
care
will
accumulate
XP
for
them
as
they
tend
to
the
needs
of
their
virtual
Shiba
Inu
and
embark
on
exciting
in-game
adventures
and
mini-games.
Players
with
the
most
XP
on
the
game’s
leaderboard
will
receive
bonus
$PLAY
tokens
and
exclusive
rewards.
And
those
that
have
bad
memories
of
tamagotchi
the
first
time
round
need
not
fear:
the
difficulty
curve
on
PlayDoge
is
a
lot
more
forgiving,
making
him
a
much
more
resilient
pet
than
the
tamagotchis
you
probably
remember.
An
additional
way
of
earning
$PLAY
is
through
the
game’s
staking
functionality,
allowing
users
to
earn
tokens
passively.
Early
staking
participants
can
enjoy
a
generous
APY
of
327%
on
Ethereum
and
92%
on
BNB
Chain.
Due
to
the
staking
contracts
being
different
for
Ethereum
and
BNB
Chain,
the
APY
will
vary
between
chains
and
the
amount
staked.
With
this
innovative
fusion
of
two
beloved
themes
–
the
iconic
Doge
meme
and
Tamagotchi
–
PlayDoge
creates
a
vibrant
gaming
economy
within
the
rapidly
growing
meme
coin
crypto
subsector.
PlayDoge
Blends
Meme
Coins,
P2E,
And
Gaming
Remake
Sectors
While
PlayDoge
can
be
classified
a
meme
coin,
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
all
see
PlayDoge
as
the
next
big
meme
coin:
Get
Ahead
On
PlayDoge’s
Lovable
Tamagotchi
Remake
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
allocated
to
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
P2E
game
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.
Joining
the
presale
is
easy:
connect
your
wallet
and
start
purchasing
$PLAY
using
BNB,
ETH,
or
USDT.
PlayDoge
also
offers
the
option
to
use
credit
cards.
To
keep
up
with
the
latest
information
about
the
project,
you
can
connect
with
the
community
via
X
and
Telegram.
Visit
the
PlayDoge
website
to
buy
in
at
presale
prices
now.
PlayDoge
(PLAY)
–
Newest
Launch
On
BNB
Chain
-
2D
Virtual
Doge
Pet -
Play
To
Earn
Meme
Coin
Fusion -
Staking
&
In-Game
Token
Rewards -
SolidProof
Audited
–
playdoge.io
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