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PlayDoge Crypto on the Rise, Presale Nearing $6 Million But Market Still Struggling : Tech : Tech Times

18 July 2024
in Meta News
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PlayDoge Crypto on the Rise, Presale Nearing  Million But Market Still Struggling : Tech : Tech Times
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There is a new cryptocurrency on the rise, and its name is PlayDoge, $PLAY, with this new memecoin turning the tide in this current crypto market that has since been struggling to overturn its losses. However, PlayDoge is not your typical memecoin that is focused on buying, selling, and trading only, as it is tied to a game that helps users earn coins along the way. 

With PlayDoge’s soaring popularity, it also brings back the good ol’ days two years ago when NFT games were tied to cryptocurrency, centering on Play-to-Earn (P2E) mechanics.

PlayDoge Crypto is On the Rise, Presale Nears $6 Million

(Photo : PlayDogeGame via X)

The new memecoin tied to an NFT game, PlayDoge, is now flexing its significant performance via X, with it being one of the most trending crypto and game available to players now. The game is currently on presale now, and it is nearing its goal of $6,358,861 which would increase its price in two days’ time, currently at around $5,757,187.96 in USDT. 

The game has simple mechanics and is available to get started on via its website, with users given a chance to play for $0.0052. 

Users may purchase playing tokens via Ethereum, USDT, BNB, or credit card purchases, but they may also connect their DeFi wallets here.

Read Also: Coins.ph Hack: Philippines DOJ Charged 2 Russians with Alleged Hack of $6.2M in XRP

Play-to-Earn PlayDoge is Performing Well in the Market

PlayDoge is a P2E game that rides on the ‘Doge’ meme, similar to Dogecoin, and it offers a 2D retro experience that isinspired by the Japanese virtual pet game, Tamagochi. Players need to take care of their virtual pets and have them live a fruitful life in the game, and neglecting them would cause them to run away or ‘die.’ 

Users may earn while playing, and they may also stake their earned $PLAY for more chances to carry on in the game.

Cryptocurrency and P2E NFT Games

The world was taken by storm when crypto and NFT rose in the trends back in 2021 to 2022, with this made popular by NFT games which focus on play-to-earn mechanics that allow users to turn their entertainment into real money. Among the most popular games then were the likes of Axie Infinity, War of Ants, Binemon, My Crypto Saga, and a whole lotmore titles.

Many developers have created games based on the blockchain, tied to cryptocurrencies and NFTs, with different players making it their main source of income. It even got to a point where NFT game developers have petitioned Valve to lift the ban on these types of titles on Steam, looking to make it available on the computer platform. 

However, its massive popularity also saw a limited time thriving in the market, with the fall of the blockchain and NFTs have also caused it to decline, and many leaving it behind. That being said, there seems to be another wave of popularity in NFT games now thanks to PlayDoge, a new memecoin tied to a P2E game that replicates Tamagochi, with its presale raking in massive bucks for developers. 

Related Article: Google Play Officially Allows Blockchain-Based Apps, NFT Games – But There’s a Catch

ⓒ 2024 TECHTIMES.com All rights reserved. Do not reproduce without permission.

Credit: Source link

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