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A new P2E meme coin – PlayDoge ($PLAY) – is experiencing a significant surge in demand during its ongoing presale.
PLAY has already raised over $5.1 million in its ICO, despite the significant bearish pressure on the broader cryptocurrency market.
The success of Notcoin and Hamster Kombat has put the spotlight on the GameFi sector, which experts believe is one of the key factors behind PlayDoge’s early success. Indeed, its Tamagotchi-style, play-to-earn game makes PLAY one of the top candidates that could follow in the footsteps of NOT and HMSTR.
In fact, a few YouTube trading experts are backing PlayDoge as one of the best crypto to buy now.
The PlayDoge Game – Embrace The 90s Nostalgia and Earn Free Crypto
The success of Notcoin and Hamster Kombat isn’t exactly a surprise, considering analysts have been bullish on the GameFi sector from the very start of this bull cycle.
However, the extent of their success – with Hamster Kombat becoming the most popular game in the world – has created a new meta. New projects are no longer aiming for complex games such as FPS or MMORPGs. Instead, simple, beginner-friendly games have become the hottest commodities and are seeing much higher adoption.
For instance, PlayDoge is launching a Tamagotchi-style virtual companionship game, tapping the popularity of the iconic Doge character and the 90s nostalgia of Tamagotchi.Â
The rules of the game are straightforward and easy to follow. Players get to own Doge as their own virtual pet, which they must feed, train and play with. Negligence will be penalized and the pet could run off to another home or even die.
Essentially, PlayDoge is a modernized version of Tamagotchi, except players can operate the game via a smartphone application and not a handheld toy.
More importantly, it offers an additional incentive of earning free crypto. Players can complete a series of classic games – similar to 8-bit, 2D side-scrollers – and win $PLAY tokens.
They will also earn experience points, which will be tracked via a leaderboard. Players with the most experience points will be eligible for bonus $PLAY bounties, as a reward for their commitment to the game.
PLAY Boasts Strong Fundamentals – Staking Rewards, Community-centric Tokenomics and Smart Contract Audit
Aside from its beginner-friendly, play-to-earn game, PlayDoge has impressed investors with its strong fundamentals.
For instance, PLAY is a true multi-chain meme coin, which offers lucrative staking rewards on both Ethereum and BNB Smart Chain.
Investors can visit the PlayDoge staking dashboard and check the reward rate for both chains.
Similarly, the project has adopted community-centric tokenomics, choosing not to reserve tokens for the developer team or any private sale. 50% of the tokens will be sold out in the presale itself, while 12% and 6.5% of the token supply have been allocated to staking and community rewards, respectively.
The remaining supply has been reserved for liquidity, project funds and marketing.
In the interest of transparency, PlayDoge has also publicized its smart contract audit report. The audit – conducted by Solid Proof – did not reveal any security lapses or centralization risks associated with PLAY.
Is PlayDoge The Best Crypto To Buy Now?
Narrative trading is key in a bull market. While high-tech tokens such as Chainlink and XRP have barely shown any strength, meme and AI tokens have turned several small-scale investors into millionaires.
PlayDoge combines two of the most in-demand narratives of this bull cycle – memes and GameFi, making it one of the best crypto to buy now.
Indeed, offering Doge as a digital virtual companion has resulted in strong interest from meme coin enthusiasts, while its Tamagotchi-style game makes it a high-potential play-to-earn token.
Unsurprisingly, experts are quite bullish on PLAY, with some analysts hinting at the possibility of 100x gains.
Interested buyers can head to the PlayDoge website and use the over-the-counter widget.
Notably, they can swap either ETH, BNB or USDT to buy the meme coin, owing to its multi-chain status. Alternatively. They can also use a bank card.
*Cryptonomist did not write the article or test the platform.
 has already raised over $5.1 million in its ICO, despite the significant bearish pressure on the market.){kind=link}