RIP Bears: Meme Coins Surge as PlayDoge Presale Hits $5.7M
With over $5.7 million raised, PlayDoge ($PLAY) continues to hit big in its presale and is even ready to eclipse the $6 million mark this week.
This meme coin, infused with a Web3 gaming twist, has investors eagerly anticipating the release of its crypto reinterpretation of a beloved 90s favorite, Tamagotchi.
Featuring a playable Shiba Inu character, PlayDoge has struck a chord with the Shiba Inu-loving crypto community, resulting in a substantial influx of capital in its barely two-month-old presale.
Currently priced at a discounted rate of $0.00519, the native token $PLAY is poised to rise to $0.00520 within hours as it consistently meets and surpasses presale targets.
Investors looking to strengthen their meme coin portfolio should not overlook allocating some funds to $PLAY, especially at its current rate, given its strong presale performance even amid the market downturn in June, presenting a potential moonshot opportunity.
This scenario isn’t unrealistic as PlayDoge’s presence on the BNB Smart Chain positions itself as a strong candidate for a Binance listing that could substantially enhance liquidity and drive its price upward.
The bears are currently resting in peace as the entire market has surged, gaining approximately $270 billion in the past week alone, now totaling $2.41 trillion following a significant rebound from the failed assassination plot on Donald Trump.
Bitcoin has rebounded strongly, now hovering around $65,000 and tantalizingly close to $66,000, with Bitcoin ETFs seeing a $300 million inflow on Monday.
This resurgence in the top crypto naturally trickled down to the meme coin sector. Leading the charge is our familiar frog-faced friend, Pepe ($PEPE), with a notable 40% increase over the
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