One of the fastest growing cryptocurrencies - PlayDoge (PLAY) - is nearing another major milestone. The new meme coin is within arm’s reach of hitting the $5 million milestone in its ongoing presale, having already raised over $4.5 million in just over 3 weeks.
Its innovative combination of memes and play-to-earn utility is quickly catching the attention of deep-pocketed investors.
$PLAY has already been featured in popular crypto publications including The Economic Times, Bitcoin.com and Binance Square. Several smart-money traders and popular influencers have publicly backed the meme coin, with some even tipping it as one of the best meme coins to buy now.
PlayDoge Unique Selling Points - Why Experts Are Calling It The Best Meme Coin To Buy Now?
Experts believe GameFi and meme coins to be the two of the most in-demand crypto sectors which could create millionaires during the next bull cycle. As the name suggests, PlayDoge combines both niches, creating a play-to-earn meme coin.
The PlayDoge game capitalizes on the iconic Doge character, along with the nostalgia of Tamagotchi - the popular digital pocket pets that went viral in the 90s.
Gamers get to own a Doge as their pet and have fun with it, including feeding, training and playing with it. Think of it as a modern version of Tamagotchi with upgraded specs - the only difference is that players don’t need any handheld toy and interact with their pets via a smartphone application.
PlayDoge gamers also have the additional benefit of earning free crypto, in the form of $PLAY tokens. They would need to complete a series of classic, 2-D games and receive lucrative $PLAY rewards and experience points. Players with the highest XP will earn additional bonus rewards.
The success of Notcoin’s tap-to-earn gameplay has highlighted that Web3 games do not need to be complex to be successful. Experts believe that PlayDoge’s beginner-friendly and rewarding gameplay has the potential to gain widespread popularity.
Popular influencer Crypto Mischief even signals the possibility of PlayDoge being “the next big crypto game”, making $PLAY one of the best meme coins to buy now.
PlayDoge Introduces Innovative Multi-chain Staking
PlayDoge’s innovative utilities do not end with its classic play-to-earn game. There is a reason why $PLAY is one of the fastest growing cryptocurrencies and smart money traders are comparing it to Floki.
The new meme coin has introduced multi-chain staking, launching stake-to-earn protocols on both the BNB Smart Chain and Ethereum.
This is extremely rare in the crypto industry. Even supposedly true multi-chain meme coins offer staking rewards on one chain, resulting in a significant disadvantage for a large number of investors.
$PLAY holders can check out the PlayDoge staking dashboard and check out the staking rewards for both chains.
Can PlayDoge Secure A Binance Listing?
The world’s largest crypto exchange Binance is showing a growing inclination towards listing meme coins on its platform. Just today, Binance Futures listed the $MEW Perpetual Contract.
PlayDoge does fulfil several of Binance’s supposed requirements. For instance, it has strong community backing, an innovative concept and an audited smart contract. More importantly, the token is native to the BNB Smart Chain and offers staking rewards in the form of BNB.
Binance encourages the integration of its services in new projects, particularly during the fundraising phase.
If PlayDoge sees explosive price action after its launch - as several smart money traders are hinting - it could manage to secure a spot on Binance.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
