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With just under 30 days to launch, the BitDoge memecoin has quickly gained fame in the crypto world, thanks to its interesting and trending animation-themed concept. With an ambitious roadmap and support for multiple blockchains, this presale has been attracting memecoin investors from across the globe.
Despite this growing demand for the project, some investors seem fairly skeptical about investing in the memecoin under the current market circumstances. Others, however, speculate massive growth for the project due to its surging popularity at such an early stage.
BitDoge Nears Its $450k Goal – One Step Closer to Launch
At the time of writing, the BitDoge project has already raised more than $415k out of its current stage goal of $450k, which is impressive since the presale was introduced barely a few days ago. The project, as the name suggests, is a part of the wider Doge meme ecosystem.
However, there is very limited reference to the popular Shiba Inu dog in the project’s overall design. Instead, it has various animated cutouts that are supposedly part of a lore that the project aims to create and complete going forward. It features Elon Musk, the tech billionaire, and a persona created for the mysterious creator of Bitcoin, Satoshi Nakamoto.
The story features an anime-style section where Satoshi Nakamoto and Elon Musk plan on combining the power of Bitcoin and the community token Doge together to create a big wave in the crypto space. This merge is actualised in the form of BitDoge, which apparently aims not only to act as a token of exchange but also as a venture that can guarantee its community fun, stability, and potential profits.
BitDoge – Presale and Utility
The project supports purchases via multiple blockchain networks, including BNB, Ethereum, Solana, Polygon, Avalanche, and Arbitrum. The project was already trending, but made headlines as it made it to the top cryptos list on CoinSniper’s top presales list.
Developers seem keen on making the project a well-rounded ecosystem consisting of multiple utility elements and earning opportunities. All of these features are yet to be launched, and information about most of them is also yet to be announced.
Staking seems to be something that investors are looking forward to, as it would provide them an opportunity to earn rewards on a passive basis simply for holding onto BITDOGE, the native token of the project. However, the most anticipated announcements shall surely be regarding the P2E game and the AI chat offerings that the website has teased.
BITDOGE’s contract code has also been audited and approved by popular auditing entity Werify.io, which adds a layer of reliability to the project.
As per the developers, there will be a huge P2E ecosystem for the community, along with an AI chat offering where users will be able to interact with models created by referencing traits of Doge, Elon Musk, and Satoshi Nakamoto.
Set to launch on the 31st of July, the project has surely created a stir among investors. But despite all these exciting components, many wonder if BitDoge could indeed end up being the top gainer among the ongoing presales in the coming weeks, given the increasing number of memecoins being launched recently.
Is PlayDoge a Better Alternative?
As mentioned above, BitDoge made it to the list of top presales on CoinSniper, which helped it gain exposure to a huge chunk of investors. However, there is another project further up in terms of ranking that is also a Doge-referenced memecoin and has a slightly similar concept- PlayDoge.
PlayDoge merges two prominent concepts, creating an ecosystem that bridges the gap between the retro-themed Tamagotchi’s fans and modern meme enthusiasts. The project was also launched recently, and while BitDoge has raised about $415k, PlayDoge has raised over $5 million already.
This innovative token features a pixelated 8-bit Doge as the main character, which players can pet, care for, and engage with through mini-games. Unlike the original Tamagotchis, where the pets died quickly, PlayDoge reimagines these core concepts.
Players earn PLAY tokens by keeping their pets alive and entertained. Additional tokens can be obtained by participating in 8-bit mini-games reminiscent of classic 2D scrollers. For those looking to earn crypto passively, the platform also offers staking options.
While the details of BitDoge have not been revealed yet, PlayDoge has been transparent about its future plans and roadmap execution, which seems to have created a sense of excitement among investors.
Popular crypto YouTubers like Mathew Perry and others have also covered the project, with many of them claiming to have invested in the memecoin themselves, as they speculate it to be a high-potential project.
With its exciting concept, marketing attempts, and an active social media presence on Telegram and Twitter, the project may surely be able to achieve its target soon, investors speculate. With the ongoing volatile market conditions and a continuous influx of new memecoins in the space, it will be interesting to see which project fares well and ends up making it to the top gainers list in the coming months.
*Cryptonomist did not write the article or test the platform.
