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Floki Price Continues to Rise as New P2E Meme Coin PlayDoge Raises $250K
The meme coin market is once again buzzing with excitement as some of the top tokens saw double-digit increases last week. Floki, a well-known P2E meme coin, continues its upward trajectory, driven by a series of positive developments.
Another P2E Doge meme coin, PlayDoge, made a notable debut, raising more than US$200,000 during the first day of its pre-sale. Both $FLOKI and $PLAY are showing strong potential, adding fuel to the ongoing meme coin craze.
Floki price rises 23% in response to recent developments
Floki price has increased significantly, 23% in one week and 1.5% in the last 24 hours. This increase is largely attributed to Coinbase’s recent announcement of launching perpetual futures contracts for FLOKI.
The token will be able to be traded from 9:30 am on May 30th, alongside other popular meme coins such as Bonk and Shiba Inu. Coinbase’s move is expected to improve FLOKI’s liquidity and attract more traders to the coin.
Furthermore, FLOKI price rose 14% on May 28 after the project announced the launch of the closed beta version of the Floki trading bot on Telegram. This bot supports trading on multiple blockchain networks. The closed beta, which will last two weeks, aims to collect user feedback and identify potential bugs before the stable release.
These recent developments are a testament to Floki’s proactive approach to expanding its ecosystem and engaging its community. The token is currently priced at $0.0002861 and the market capitalization has exceeded $2.7 million.
Floki’s impressive journey began with its launch as a simple meme coin inspired by tokens like Dogecoin and Shiba Inu. However, it quickly distinguished itself through strategic partnerships, charitable initiatives and consistent community involvement.
The token has even been advertised on a billboard in Times Square since March of this year. The Floki team has been tireless in its efforts to bring real utility and attention to the token, including ventures into DeFi, NFTs, and GameFi.
The team recently released a beta version of its flagship game, Valhalla, which features raid, farming, battle, quest, clan, and chain esports mechanics. The game will soon switch to a P2E model with the full version, showing the growing trend of P2E games in the meme coin space.
New P2E Meme Coin PlayDoge Raises $250,000 on First Day of Presale
PlayDoge ($PLAY), a new BEP-20 token, is shaking up the crypto space with its unique P2E play. On the first day of pre-sales alone, PlayDoge raised over $200,000.
The game, inspired by the classic Tamagotchi, allows players to care for a virtual Shiba Inu and earn $PLAY tokens.
The Play-to-Earn market is a fast-growing sector, with a market capitalization close to US$14 billion. This engaging approach to gaming offers fun and financial rewards. By capitalizing on the resurgence of 90s nostalgia and the virality of Doge memes in the crypto community, PlayDoge could become a major competitor in this sector.
In the next PlayDoge game, you can adopt a PlayDoge, which you need to feed, train and play with to keep it loyal and prevent it from running away. Afterwards, you can work with your Doge to complete minigames and earn $PLAY tokens.
Pre-sale investors also have the opportunity to stake their $PLAY tokens for an impressive 2,102% Annual Percentage Yield (APY).
This staking reward offers substantial returns for early adopters. The token price is currently at $0.005 but is expected to increase in the coming days. To buy $PLAY, go to the official website and connect your wallet.
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