The list of the top 100 cryptocurrencies by market value is starting to include more and more game coins. So, the Notcoin token became the 53rd most valuable asset by market cap, thanks to a 227% weekly growth. The concept and subsequent price increase of the altcoin are what really set it apart. You can earn coins by tapping on your phone screen in this clicker game, which functions like a mini-app in Telegram.
With all this focus on gaming assets, it’s safe to say that PlayDoge, the new Play-to-Earn mobile arcade, will also receive considerable attention. More than $1.4 million was raised from early investors in the project’s first week of launch.
Just four days remain until the native PLAY token’s price goes up. At the conclusion of the presale, its value will have increased from the discounted price of $0.00502 to $0.00539.
This is precisely what the PLAY token does for PlayDoge. Tamagotchi owners can train their pets, feed them, and do other pet-related activities by earning coins.
If PlayDoge enters the mobile gaming market, it will likely be successful. Binance, the biggest exchange in the world, built the blockchain that PlayDoge uses: BNB Chain. The network is seeing a proliferation of new cryptocurrencies that aim to alleviate the problems of slow transfers and high gas fees.
There can be 4,700 transactions every second on this network. With such a high score, it’s clear that PlayDoge’s P2E mechanics won’t negatively impact the gameplay.
Extra benefits for those who follow PlayDoge The PlayDoge economy will revolve around community rewards. Because of this, 7.5% of the total 9.4 billion tokens have been set aside for this purpose by the team.
Staking is another way for PLAY owners to generate passive income.
In addition, investors can join the pool right after buying coins in promising ICOs. Thus, the APY for those who bought PLAY is 228%.
Despite the 170x return on investment (ROI) for BabyDoge since launch, PlayDoge has the potential to achieve even greater success. Though it’s not always the case, a Shiba Inu serves as the mascot for many of the top cryptocurrency projects.
Among the most recent front-runners is BabyDoge. Nothing of value has been introduced by the team aside from their involvement in an animal welfare charity and an AI-powered meme image generator.
On the other hand, PlayDoge integrates the game’s earning mechanics with the meme coins’ virality, which may offer investors more advantages.
Profit for BabyDoge increased by 2,219,000% between its launch and its all-time high. Meme coins have a lot of room to grow.
Because of its versatility, though, PlayDoge has the potential to fare better than altcoins like BabyDoge.
The video game industry is always changing, and PLAY is there to keep up. With a projected $447 billion in revenue for the video game industry worldwide in 2024, new cryptocurrency projects are springing up all over the place. Nonetheless, by 2032, this amount is expected to surpass $1 trillion.
According to Statista’s analysis of the video game industry,
In addition, the concept of earning NFTs through video games was highly attractive in a survey conducted in 2021.
You can use them to give special in-game objects monetary worth, for instance. Many believe that PlayDoge may incorporate such assets into its ecosystem.
Access the PlayDoge presale by visiting the website, linking your wallet, and purchasing PLAY with BNB, USDT, or ETH. Alternatively, investors can use a bank card to purchase tokens.