PlayDoge (PLAY) is one of the most popular meme coins of this year, and with more than $5 million raised in under a month, it is also one of the most successful ones. But, what is it that makes PlayDoge so big and popular?
The project is based on a toy from the '90s, but is that really all that made it as successful as it is?
Introducing the Tamagotchi -- A Toy That Inspired PlayDoge's Digital Pet
Those born in the 80s and the 90s likely remember the Tamagotchi devices well. These were small plastic handheld games that you could carry around in your pocket, use it as a keychain, and overall, just easily handle it and have it on you at all times.
Meanwhile, the device itself had a digital pet that you had to feed, play with, train, and put to sleep in order for it to be strong and healthy.
Tamagotchi sold over 82 million units between launch and the end of its production, showing that there was a massive interest in pet games and similar devices, and along the way, it taught users about responsibility, as their pet would die if they neglected it, and they would have to start over.
Fast-forward a few decades, and you arrive at 2021, the year of the meme coins. This was the year when Dogecoin blew up, followed by the explosion of the meme coin sector. For the first time, DOGE wasn't just a joke coin that someone would reference from time to time.
Thanks to the aftermath of the GameStop short squeeze, the effort to push DOGE to $1, promotions by Elon Musk, and many other aspects that played out in the right order, at the right time, meme coins started becoming a highly popular concept, leading to the rise of the entire sector.
The Perfect Environment For PlayDoge To Launch
Three more years later, it is 2024, and the meme coin market blew up anew, branching out into many other types, unlike before, when it was mostly based on dog coins. This time, the surge of activity on Solana, caused the market to explode, putting meme coins into the center of attention once again, and creating a perfect opportunity for PlayDoge to launch.
Combining the meme coin trend with the 90s nostalgia, as well as concepts like P2E and gaming itself, PlayDoge came out as one of the crypto projects with unparalleled potential for growth. Not to mention that it combined all the promising sectors, all of which are expected to grow further in the next decade, and likely beyond.
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As a result, its presale raised over $5 million in less than a month, while its token still sells for only $0.00512 -- a mere fraction of a cent. You can buy it with ETH, USDT, BNB, or credit/debit cards, and either stake it or HODL as you wait for its price to surge.
PlayDoge will not only bring back the game that dozens of millions of users around the world enjoyed a few decades ago, but it will also let them earn as they play, which is only another reason why it is most likely to blow up after launch.
