Altcoin Market Crash: Crypto Traders Buy The Dip With New Low Price ICOs For High Potential Gains
Crypto gaming tokens are doing very well, and PlayDoge joins the surge with potential for 10x to 100x returns, mirroring the billion-dollar market cap of other successful gaming tokens.
To see how well the crypto gaming space is doing, check CoinMarketCap. Look under the gaming category to find Immutable (IMX) leading with a nearly $3 billion market cap, despite being down 11% this week. This dip offers a buying opportunity, especially in gaming.
Other notable gaming tokens include Floki with a $2 billion market cap, ApeCoin at $655 million, Gala, Illuvium, Axie Infinity, and Ronin, all near or above a billion-dollar market cap. Many top 100 gaming tokens have valuations near or above $100 million.
PlayDoge is expected to launch with a market cap between $10 million and $20 million. Reaching a $100 million market cap would mean 10x gains, and hitting a billion-dollar market cap could result in nearly 100x returns. The potential for new cryptocurrencies, especially in a bull market, is significant.
PlayDoge offers Play-to-Earn with $PLAY rewardsHigh-utility meme coins are a rarity, especially amidst today’s surge of pump-and-dump tokens. Floki stands out as the leading high-utility meme token, thanks to its FlokiFi locker, staking protocol, trading bot, and Valhalla play-to-earn game.
Since its presale began, PlayDoge has drawn comparisons to Floki primarily due to its unique play-to-earn functionality. The project leverages the popularity of the iconic Doge character and the nostalgic appeal of Tamagotchi-style pocket pets.
Players can adopt Doge as their digital pet, interacting with it through a smartphone app. The project presents this as an upgraded version of Tamagotchi, emphasizing enhanced features. Moreover, PlayDoge players have an extra incentive to earn cryptocurrency.