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The gaming industry has been the fastest-growing digital sector. This billion-dollar business has a revenue of $347 billion by 2022, with 70% coming from mobile gaming.
With that being said it comes as no surprise that Hamster Kombat, a new Telegram-based mobile game, achieved massive success since it was released.
Due to this recent success, the native TON (The Open Network) has been massively surging lately. Currently, its price has a 9.3% increase compared to its price last week.
Despite all this, there is a new Play2Earn project posing a serious threat to all competition. The new PlayDoge ($PLAY) coin can possibly skyrocket investors’ portfolios.
Let’s see what this coin is all about.
TON Token Achieves New ATH With the Help of Hamster Kombat – This New Presale is Showing Even Greater Potential
Since the release of Hamster Kombat, the TON blockchain has seen significant price increases, reaching a new all-time high (ATH) on June 15. Although the price has since dropped by 6%, it currently stands at $7.79 per token.
Hamster Kombat is a new “tap-to-earn” mobile game available on the Telegram app. It has followed in the footsteps of its predecessor, Notcoin. The game has already achieved remarkable success, boasting 150 million active users. This means that one in five Telegram users is playing Hamster Kombat.
The project’s popularity is also evident on social media. Their YouTube channel now has 23.8 million subscribers, with each video garnering hundreds of thousands of views. In fact, they recently broke Mr. Beast’s record for the most subscribers gained in a single month, previously set at 20 million.
Additionally, the TON blockchain has outperformed Ethereum in terms of daily active addresses, maintaining higher activity levels throughout this month.
Despite these achievements, many investors believe that PlayDoge ($PLAY) will dominate the crypto market upon its release.
Let’s dive into the details below.
PlayDoge ($PLAY) is a New Dog-themed Project with a Mobile Game That’s a Remake of the 90s Classic
PlayDoge ($PLAY) is a new presale project that incorporates Play2Earn elements with its new mobile game that is going to be released post-launch.
The game itself is a 21st-century remake of the legendary Tamagotchi Pets. In the original game, you had to take care of your virtual pet by regularly feeding it, playing with it, and visiting it. The success of this game reflects the fact that it sold over 90 million copies, making it a recognizable part of every childhood.
This new version aims to capitalize on that nostalgia by keeping the same format, only updating it with better graphics and resolutions. Also, unlike in the original, your dog will be more resilient if you neglect it. However, if you do it for too long it will run away or die, making you start all over again.
For the activity you have with your pet you will get rewarded $PLAY tokens. Also, there is a leaderboard system where top players will have even greater token rewards, further increasing the competitiveness between users.
The PlayDoge project is built on the BNB blockchain and has a well-planned tokenomics strategy. Of the 9.4 billion tokens, half are allocated for the presale phase. The remaining tokens are distributed as follows: 11.5% for liquidity, 10% for project funds, 6.5% for community rewards, 10% for marketing, and 12% for staking. This careful planning ensures a balanced and sustainable ecosystem for the PlayDoge community.
Presale Gets Wild Hype as the Fundraising Hits $4.6 Million in Record-breaking Time
Investors are showing strong confidence in the potential of this project. The presale has already reached $4.6 million, which is impressive considering the ICO launch only started on May 28th. The presale is organized in 40 phases, each with a price increase. Currently, you can buy $PLAY for $0.00509, but you’ll need to act quickly. The next phase is just $500,000 away, and it will likely be reached soon.
The presale’s phased approach not only builds anticipation but also provides early investors with an opportunity to maximize their returns as each phase brings a price increase. This strategy has proven effective in driving demand and maintaining investor interest throughout the presale period.
Staking $PLAY offers great rewards, leading many users to hold onto their coins instead of selling. This is because the price is expected to rise significantly once the coin officially launches.
The team behind this project has wisely chosen a dog-themed avatar. Dog-themed meme coins have seen significant success in recent years, starting with Dogecoin and followed by Shiba Inu. These coins have captured the imagination of the crypto community, turning memes into profitable investments.
Conclusion
As Play2Earn keeps expands and grows rapidly, many new projects are choosing this model as the go-to one for creating their coins.The success story of Hamster Kombat is moving this sector forward and giving an additional boost for all investors to tap into this segment.
Although, many experts believe that life-changing profits are going to be made when the PlayDoge ($PLAY) project launches. With its nostalgic approach, impressive presale numbers, and promising future this will be a lucrative investment for all those who hop on board early!
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
