What You’d Have Now If You’d Invested in Doge: Why PlayDoge Could Be Your Next Big Bet – $6M Raised in Presale
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
Thursday 08 August 2024 – PlayDoge ($PLAY) has raised over $6 million in its presale despite this week’s tumultuous trading.
The meme coin with P2E elements, thanks to its upcoming launch of a crypto revamp version of Tamagotchi, is shaping up to be the meme coin that investors might regret missing out on.
It’s reminiscent of 2019 when Dogecoin ($DOGE) skyrocketed from $0.003 to its current price of $0.10 – an astonishing 3,233% gain. That would have turned a $1,000 investment into $33,330, all sparked by an Elon Musk tweet five years ago.
PlayDoge, boasting way more utility than $DOGE and featuring a game where you can own a virtual Shiba Inu pet right on your mobile, is shaping up to be the next big thing.
It’s the kind of gem that could sneak under Musk’s radar and become his new favorite token, potentially outshining $ DOGE’s epic run.
Sorry $DOGE but Elon said I'm the new chosen one pic.twitter.com/gcEExzbw7F
So, if you want in before the buzz hits, PlayDoge’s native token, $PLAY, is still available at its presale price of $0.00527. But hurry – the price will tick up again to $0.00528 as the current presale stage wraps up in less than 48 hours.
The meme coin supercycle isn’t dead and is just starting
Former Goldman Sachs analyst Murad Mahmudov believes that the earlier surge this year was just the beginning of a profitable cycle.
Indeed, the market has been in the red this week, largely due to the massive liquidations that took place on “Black Monday”, which were likely sparked by recession fears from the previous week.
Yet
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