It definitely is the time of meme coins. 2024 has witnessed the groundbreaking growth of multiple meme coins. The news to the list is PlayDoge which has raised more than a million dollars in its presale.
What is PlayDoge (PLAY)?
Haven’t you heard about the Doge memecoin? Is PlayDoge related to DOGE in any way? Let us find out.
Yes, PlayDoge is related to Dogecoin. PLAY is a new crypto coin that combines the Doge crypto with P2E gaming. It is designed as a mobile game. You will be playing a game that revolves around a virtual pet.
Your task is to help the pet grow by feeding it, providing it medicine, protecting it from dangers, and making sure it gets enough sleep and entertainment. Doing all these things right will help your pet to grow. When your pet grows, you will receive the rewards in the form of tokens.
The presale of PLAY started about one week ago. However, within this short period, the crypto has been able to launch more than 1.4 million US dollars.
PlayDoge Price Prediction
We do not have a report on the proposed presale hard cap of PlayDoge. The crypto project has not yet been released, therefore there is no way to know the amount of money that the project would raise in the presales.
The latest assumption on the project is that it would start out as a small-cap project. However, PlayDoge also operates as a play-to-earn gaming space. This functionality of the space may help the crypto to be successful in the short term.
Previously many other P2E projects have been able to launch millions of dollars such as Illuvium, Gala, Sandbox, Beam, and more.
The presale price of the crypto starts at 0.005 US dollars and utilizes a pricing ladder system. As of the current reports, it is assumed that the crypto may turn successful in the coming years.
How to buy PlayDoge (PLAY)?
Have you been planning to buy PlayDoge? Then you need to know how to buy the crypto in the right way. Here we have made a beginner guide. It is a step-by-step guide with which you can buy the crypto. Go through it.
- Step 1
The first step of buying PLAY is getting a crypto wallet. You can download a self-custody cryptocurrency wallet.
Ensure that the wallet that you get is suitable for the presale purchase of the crypto.
- Step 2
Buy a supported coin. The next step is purchasing a cryptocurrency that is supported by the wallet.
Note that this is the crypto with which you are going to buy PLAY. while buying the crypto you may have to pass through a KYC verification.
Therefore, make sure that you have quick access to a government-issued or approved, valid, non-expired photo ID proof.
- Step 3
Now you can connect to the presale dashboard of PlayDoge. Visit the official website of PlayDoge and go to the presale dashboard. There you can see an option to connect your wallet to the presale.
- Step 4
After connecting your wallet to the presale dashboard, you can finish filling out the presale order form. Choose the crypto that you want to invest in.
- Step 5
Enter the amount that you invest. Note that, you have to enter the amount of the cryptocurrency that you have a chance to invest.
If you choose to invest in X number of ETH coins, it will be converted into the equivalent amount of PLAY tokens.
- Step 6
Confirm the presale order. Wait for the coins to be transferred into your wallet
- Step 7
Now you have to wait for the presale to end.
- Step 8
Once the presale ends, you can claim your PLAY tokens.
PlayDoge Tokenomics
The total supply of the crypto is 9. Billion tokens. This total supply is allocated to 6 funds. Let us look at what the 6 allocations are:
50% of the total supply is allocated to the presale – 4,700,000,000 tokens
12.5% of the total supply is allocated for marketing – 1,175,000,000 tokens
12.5% is allocated for project funds – 1,175,000,000 tokens
11.5% is allocated for liquidity – 1,081,000,000 tokens
7.5% is allocated for community rewards – 705,000,000 tokens
6% is allocated for staking – 564,000,000 tokens
Ending Thoughts
Everyone will receive their token when the presale ends. No one will be able to claim it before the pre-sale or trade it in any unofficial market.
Also, note that your wallet should be authorized to get the confirmation of the presale investment.
Note that if you face any difficulty while buying the cryptocurrency, you can get in touch with the customer support team of the exchange or the platform that you use to buy the asset.