Analyst Says Meme Coin Supercycle Is Still In Play, Sees Doge Hitting $2 in 2024 – PlayDoge Closes On $6M

PlayDoge ($PLAY), now nearing $6 million in presale funds raised, exhibits that the present market downturn is only a minor blip on this yr’s bull rally.

This new meme coin continues to appeal the crypto world, particularly with the upcoming launch of its crypto-revamped model of the basic 90s sport Tamagotchi. As soon as it’s reside, the sport enables you to personal a “Doge” in your pockets and work together together with your digital Shiba Inu pet in your cell gadget.

A widely known analyst predicts PlayDoge’s predecessor, Dogecoin ($DOGE), will hit $2 because the meme coin supercycle stays in play. 

And PlayDoge is about to learn from this pattern, due to its expanded play-to-earn (P2E) utility, which supplies it extra to supply than the common meme coin. Thus, it has shortly change into the brand new Shiba Inu on the block that everybody’s watching.

The $PLAY token is being provided to early traders at its presale value of $0.00526, however it can enhance to $0.00527 as the present presale stage wraps up in below 24 hours.

Dogecoin Pumps Come 8 To 9 Months After Every BTC Halving, And PlayDoge Can Replicate That

Analyst and LedgArt co-founder Kaleo shared on X that Dogecoin ($DOGE) might attain $1 to $2 within the coming months.

Kaleo notes that Dogecoin tends to commerce sideways for almost all of the time, however undergoes huge value pumps that sometimes happen eight to 9 months submit Bitcoin ($BTC) halvings. 

For instance, Dogecoin surged almost 6,000% in early 2017 after the Bitcoin halving on July 9, 2016, and rose over 30,000% in 2021 following the Bitcoin halving on Might 11, 2020.

$DOGE / #Dogecoin

For these of you who say DOGE is boring – for essentially the most half, you are proper.

It is spent ~9.5 years of its existence trending sideways or down. The opposite 1 yr? It had one run that pumped ~6000% from the lows and one other that pumped greater than 30,000%.

The… pic.twitter.com/523tqCMBdC

— Ok A L E O (@CryptoKaleo) June 25, 2024

Presently, Dogecoin is once more in sideways mode, and with simply three months post-halving, the worth pump for $DOGE might happen between December to February of subsequent yr.

This sample aligns with Bitcoin’s value enhance previously two halving situations, the place important value positive factors began after about 250 days. 

In 2020, Bitcoin rose by 320.9% 250 days after the halving, in comparison with simply 26.8% after 150 days, and continued to extend by 492% after 300 days. 

Equally, in 2016, Bitcoin’s value elevated by 78.7% 250 days after the halving, versus 15.5% within the first 150 days and 135.9% after 300 days.

Supply: Historical past Says This Is What Occurs After Bitcoin Halving | Nasdaq

It looks as if the market’s present gloom is likely to be a short-lived scare, with crypto curiosity nonetheless going robust.

For a brand new meme coin like PlayDoge, which is about to hit $6 million very quickly, its present worth might skyrocket as soon as it hits a significant trade as extra traders get their palms on it. 

Being a BSC-based token, it has already caught the attention of the Binance itemizing group, so it wouldn’t be stunning if it will get listed on Binance and its worth pumps alongside $DOGE within the subsequent 5 to 6 months.

PlayDoge Is The High Meme Coin With P2E Performance

PlayDoge combines memetic vibes with P2E components by way of its ultra-cute Shiba Inu mascot and a crypto-fied Tamagotchi-style sport. 

Gamers care for their digital Shiba Inu pets by feeding and coaching them on their cell units and earn $PLAY tokens, which provide each in-game and broader market utility. 

High pet house owners who climb the leaderboard will snag much more $PLAY tokens.

For this reason PlayDoge isn’t just one other Shiba Inu-themed coin; it’s a complete lot of enjoyable and rewards rolled into one. No marvel YouTuber ClayBro is buzzing about it as the following huge meme coin:

To be an early contributor of PlayDoge’s soon-to-launch sport, head over to its web site and snap up your $PLAY tokens by exchanging BNB, USDT or ETH. Patrons may also pay for tokens utilizing their financial institution card.

PlayDoge’s sensible contract is absolutely audited, offering potential contributors with peace of thoughts in regards to the solidity of the mission.

Keep within the loop with the mission developments by becoming a member of the group on X and Telegram.

Purchase $PLAY in the present day!

PlayDoge (PLAY) – Latest Launch On BNB Chain

• 2D Digital Doge Pet
• Play To Earn Meme Coin Fusion
• Staking & In-Sport Token Rewards
• SolidProof Audited – playdoge.io

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