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Community-centric crypto project, SatsRush ($SR30) has officially gone live on PancakeSwap, MEXC, and OrangeDX.
Renowned as one of the most hyped launches of 2024 on DEXTools, $SR30 aims to lure the attention of investors with its gaming and community-building fundamentals.
However, within the first few hours of its market debut, $SR30 crashed over 40% to trade around the $0.003 level.
Will the next price action be a prolonged bounce? Or will $SR30 dip further? This article tries to analyze the future price trajectory of $SR30, taking into account its major fundamentals and the current conditions in the market.
What Is SatsRush?
Developed on the Bitcoin network, SatsRush is a new project that seeks to build a decentralized community of investors and gamers.
Central to this project is its Gaming-as-a-Service (GAAS) model which reshapes how players are incentivized while enjoying the thrills of gaming. In essence, SatsRush’s GAAS posture empowers players to monetize their gaming skills and engagements, thereby improving their overall experience.
SatsRush, according to its website, will launch an adrenaline-pumping shooter game where players are expected to battle enemies and overcome obstacles across various cities with their ammunition and raw skills. The theme of the game revolves around a dystopian world where the laws and orders are violated.
However, things began to take a new turn after the protagonist, a highly skilled military officer, made a move to fight the oppressive regime in the city. In this storyline, players take the role of the military officer and are required to navigate through various levels of the city, combating the tyrannical elements.
When players complete the aforementioned tasks, they will be rewarded with $SR30, giving the game a P2E posture.
Beyond its gamified aspect, SatsRush is also pushing to build a strong community with a host of features like SatsNFT, SatsClaim, SatDrops, and SatWidget amongst others.
SatsRush Price Prediction
Despite the development team’s marketing efforts to boost SatsRush’s visibility, the project got off to a poor start upon launch. A look at the SatsRush price chart shows $SR30 trading in the red following its debut on August 23, 2024.
According to DEXTools, the number of $SR30 holders increased from 250 to 1000 within the first 12 hours, with a trading volume of approximately $50k.
If $SR30 continues to capitalize on its presence on multiple trading platforms to reach a broader investor base, it will witness a heavy market demand, which may, in turn, trigger a bounce in its price.
That being said, the major factor that could keep $SR30 going is the full execution of its roadmap. At its core, the project says it will deliver a plethora of features to engage and incentivize its users through gameplay and community interactions.
If the information on its roadmap is anything to go by, SatsRush will launch its mobile Rush shooter game before the end of 2024.
With other strategic developments expected in 2025, SatsRush’s ability to release the P2E game as proposed will positively impact the market sentiment around the token and perhaps boost its profit potential in the long run.
Upcoming Coin Listing To Watch Out For – PlayDoge ($PLAY)
After raising substantial funding from early investors, PlayDoge ($PLAY) is now gearing up for its eagerly-awaited listing on top-tier exchanges. Originally developed on the Binance Smart Chain, PlayDoge seamlessly blends two of the hottest niches in the crypto world – P2E and meme coin to bring the concept of the viral Tamagotchi into the decentralized space.
At the backdrop of its quirky novelty is a storyline that showcases how a Doge pet mysteriously disappeared without a trace. Although the missing pet was eventually found by its owner in the PlayDoge app, it has already evolved into a two-dimensional pixelated character that needs constant attention.
In line with this narrative, PlayDoge is offering an exhilarating mobile game that will rejig the 90s feeling and strengthen the relationship between meme enthusiasts and their Doge pets. Featuring high-end graphics and touchscreen controls, PlayDoge’s game makes it possible for players to interact, train, feed, and look after their pets in an 8-bit digital world.
For training the pets and keeping them healthy, players will be rewarded with $PLAY, the core currency of the ecosystem. Players can also use their pets to battle other players and earn more rewards.
$PLAY landed on presale a few months ago and quickly captured the imaginations of many investors who are excited about its gaming utility and meme coin fundamentals.
Aligning with other leading ICOs that have launched this year, PlayDoge offers a lucrative staking facility so that early buyers can earn dynamic rewards for their contributions to the stability of the ecosystem. With just a couple of hours until its IEO debut, those who take advantage of this early-entry point will still benefit from its current two-digit APY reward.
Furthermore, unlike most meme coins, $PLAY has a multichain appeal. At press time, the token is active on both BSC and Ethereum – a feat that has largely contributed to its viral success.
Likewise, when it comes to security, PlayDoge’s smart contract has been fully audited by SolidProof, a renowned blockchain security firm. The outcome of the audit, which shows no issues in its code, enhances its market credibility as a top investment option to consider this year.
Ahead of its highly-anticipated IEO launch, PlayDoge has been tipped by major crypto YouTube channels, including Cryptonews to become a standout performer in the coming weeks. Also, considering its connection with the BSC network, there is a growing belief that Binance will be among the lineup of big crypto exchanges that will list $PLAY.
PlayDoge’s presale campaign is expected to come to a close on August 26 at 10:am UTC. This simply means investors still have one final chance to dive into what could be the next big thing in the P2E crypto economy.
Meanwhile, 1 $PLAY is currently selling for a discounted rate of $0.0053 and can be purchased with BNB, USDT, ETH, and credit/debit cards.
To stay updated about its upcoming listings and P2E games, follow PlayDoge on X.
*Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/08/25/satsrush-price-prediction-new-crypto-sr30-crashes-post-launch/