New Meme Coin PlayDoge Ends ICO August 26th

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One of the most successful crypto presales of 2024 is coming to an end soon. 

The PlayDoge (PLAY) ICO is scheduled to end on August 26th at 10 AM UTC, after raising an impressive $6.1 million in a few short weeks. This figure is expected to be much higher by the closing date as sidelined investors FOMO buy the new meme coin before its highly-anticipated launch. 

Owing to the considerable demand for PLAY – along with its in-demand GameFi utility – some smart money investors are already calling it one of the best crypto to buy now. 

How PlayDoge Raised An Impressive $6 Million In Presale?

PlayDoge has certainly impressed investors with its strong presale performance, especially considering the broader crypto market uncertainty. 

However, the demand for PLAY isn’t surprising. Memes and GameFi are two of the most in-demand niches during this bull cycle and PlayDoge craftily combines them both, fusing the iconic Doge meme with the nostalgia of Tamagotchi. 

Indeed, players get to own a pixelated version of Doge as their own virtual pet, which they can operate using a smartphone application. Like Tamatgotchi, gamers must feed, train and play with their pet. 

However, PlayDoge offers an additional incentive of free crypto to players. They can complete a series of classic 2D adventures and earn free PLAY tokens as well as experience points. Additionally, players with the most points will earn even more bonuses and perks. 

The development of this play-to-earn game is ahead of schedule and the developer team is already dropping snippets and images on social media, to widespread positive reception from gamers. The app will go live on the App Store and Google Play, soon after the PLAY token launch.

If this isn’t enough, PLAY holders can stake their coins and earn attractive staking rewards. In fact, PlayDoge is one of the rare muti-chain meme coins to offer staking rewards on both its chains – Ethereum and BNB Smart Chain. 

It isn’t without any reason that experts are calling PLAY one of the best crypto to buy right now. 

PLAY – The Best Crypto To Buy Now?

The cryptocurrency market is on the cusp of a major bull run. Indeed, the Federal Reserve is set to cut interest rates next month while the pro-crypto candidate Donald Trump has made a remarkable comeback in the US Presidential race. 

In such a scenario, meme coins – particularly new meme coins – will be back in the spotlight. Investors have already witnessed the meme coin mania earlier this year when some early buyers became millionaires overnight. Consequently, smart money investors are hunting for the next 100x meme coins and some believe that PlayDoge could be one of them. 

After all, PLAY isn’t an ordinary meme coin. Its play-to-earn game has already separated it from the crowd and drawn comparisons to the likes of Floki, Notcoin and Hamster Kombat. Similar to Floki, PlayDoge is also a multi-chain meme coin with its own staking program. 

Therefore, experts calling it one of the best crypto to buy now aren’t exaggerating. 

Owing to its low-cap status, analysts believe that 10x to 100x returns could be up for grabs for the early buyers. 

However, interested investors have just 7 days to buy PLAY at its discounted price. Considering the hype surrounding the new meme coin, it would not be a surprise if sidelined investors may have to buy it at a much higher price on the open market. 

Interested buyers can visit the PlayDoge presale website and use the over-the-counter widget to purchase the token with a couple of clicks. They are also advised to follow its X and Telegram accounts to keep up with the latest updates, such as the token launch date. 

*Cryptonomist did not write the article or test the platform.