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Tokens in the Ethereum ecosystem and the GameFi market are experiencing a significant increase in value. This price increase corresponds to the increasing enthusiasm around various meme coin presale projects. It has made investors wonder if we are on the verge of a boom for these meme tokens.
However, amid this wave, numerous new crypto projects are also benefiting from the bullish market. These tokens are attracting the attention of investors. This article takes a closer look at PlayDoge’s remarkable performance in pre-sales while providing an analysis of three meme tokens currently gaining popularity.
Top meme coins to watch today
Today, MoonLana, Space Dragon, Cheems and a handful of meme coins set the pace for the market this week with notable price action. Several upcoming projects, including meme tokens, are also making notable progress as the market continues Approval wave for Ether ETFs.
Meanwhile, PlayDoge’s timing gives investors a chance to participate in a potential meme coin rally. It mainly benefits investors who missed the previous meme coin boom. Early investors can join a wagon that could see the token soar to nearly 500%.
1. PlayDoge (PLAY)
PlayDoge appears just a few days after launch has raised more than $874,000 in ongoing presales. Following in the footsteps of Dogecoin, the $PLAY meme coin is a unique project based on the Shiba Inu dog breed. However, the token stands out from the popular meme coin.
Moreover, PlayDoge is an innovative mobile-based Play-to-Earn game. However, the project finds a way to adapt the DOGE meme and make it more interactive. It transforms the Doge meme into a Tamagotchi-style virtual pet, allowing players to earn $PLAY tokens as they play.
Furthermore, the project’s P2E strategy allows players to earn rewards. They are encouraged to care for pets and take them on adventurous quests. The team also announced that they will continue building more projects to expand the usability of the token.
There is danger around every corner, so don’t let your DOGE die! 💀
The thrill of the unknown is something #P2E it’s all about.
Get started $PLAY NOW! #Presale 🚨 #PlayDoge #MemeCoin pic.twitter.com/HluidAXngI
— PlayDoge (@PlayDogeGame) June 1, 2024
However, unlike the Dogecoin meme coin, DogePlay works on the BNB chain. The team strategically built PlaDoge on the BNB Chain to ensure that transactions executed on the platforms are fast and efficient. It also allows the project to seamlessly integrate its gaming activities across multiple platforms.
In addition to being rewarded through P2E, token holders can also earn passively by staking their tokens. Play Doge offers a huge annual yield of 412%. Investors can purchase $PLAY tokens today for $0.00501. Moreover, this price will increase in about four days.
Visit PlayDoge Presale
2. Space Dragon (SPACE DRAGON)
Space Dragon is an innovative project built on the BSC network. With a long-term vision to dominate the metaverse ecosystem, Space Dragon plans to acquire lands in various ecosystems. The project aims to develop unique experiences.
Furthermore, the token tries to generate user revenue by advertising on these countries. It addresses a common challenge in cryptocurrency projects. This challenge arises from fluctuations in trading volume, which affects marketing and development efforts.
The Space Dragon Swap, a key feature, ensures secure, easy-to-use, and low-cost token exchanges. These features integrate with multi-chain stakeholder pools, allowing investors to stake tokens and earn rewards. The project strategically hedges part of its marketing portfolio in return-bearing assets.
These assets generate additional revenue for sustainable development and marketing initiatives. They also offer potential future rewards for holders through Binance Smart Chain (BSC). It has also integrated DAO, staking and farming functions into its ecosystem.
The token is in several partnerships in the metaverse and gaming industries. It aims to become the leading meme coin in these categories. In its latest partnership, it collaborated with a prominent NFT platform. This collaboration aims to facilitate the development of Space Dragon’s newly released NFTs.
Interestingly, the token has responded positively to these partnerships and new use cases through the recent price increase. It has shown a price increase of 1.86% in the last 24 hours at $0.000000009825. The country has also posted 15 green days in the past 30 days.
3. Cheems (CHEEMS)
CHEEMS, a community-driven cryptocurrency operating on the Solana ecosystem, positions itself as a charity-based cryptocurrency. It leverages the influence of the crypto world to support various philanthropic causes. The team aims to provide the global community with a medium to shop, game and communicate on Web3.
One of the intriguing features of Cheems is the Cheems Arena, a free-to-play and earn card game with a trading strategy. Unlike conventional trading card games, players engage in 1v1 battles against each other. The Arena offers users/players the opportunity to own tangible and tradable in-game assets.
The project’s Cheemsverse platform serves as a dynamic ecosystem where users can game, collect NFTs, and acquire Chemm tokens. Additionally, the platform includes DAO operations, allowing users to participate in voting on important community decisions.
Recently, the token caught the attention of Elon Musk, who tweeted about it. This tweet resulted in a subsequent increase in the token price of approximately 90%. Since CHEEMS tokens are tradable on decentralized exchanges such as Raydium, Orca, and Jupiter, the token’s accessibility is widespread.
$CHEEMS COIN SHOWS ITS POTENTIAL AND HAS GROWED ALMOST 1300% ⬆️🔥IN JUST 3 MONTHS ⏳AND NOW ITS MARKET CAPITAL IS OVER $10MILLION 💰💰 WHICH WASN’T EVEN $1MILLION💰💰💰🤑🤑🤑 🤑
AND $CHEEMS STILL GROWING AND MAKING ITS COMMUNITY STRONGER#100X #memecoinsolana #memecoin https://t.co/AyV3nMe6lq pic.twitter.com/T2dUXtzg4l
— Crypto_Fan_For_Life (@Vishu16Jha) May 29, 2024
In the latest announcement, the team unveiled a partnership that created a new game called SexonSol Roulette. This exciting game allows users to win by predicting where the spinning ball will land. The sex.sol game was remarkable, with bets exceeding $25,000 in less than a week.
CHEEMS has witnessed a remarkable price increase of 5.40% in the last 24 hours. This increase outperforms the global cryptocurrency market and comparable Solana Ecosystem cryptocurrencies. It has had a perfect 30 green days in the last 30 days.
4. MoonLana (MOLA)
MOLA positions itself as a community-based Solana token. Moonlana focuses on the Solana ecosystem and offers several innovative features to enrich user experiences and increase value to the community. The token operates its decentralized exchange (DEX), where all fees generated are used to buy back and burn the token.
Moonlana revolves around LanaDex, a decentralized exchange (DEX) built on the Serum API. LanaDex facilitates smooth trading with its charts, branding and purchasable NFTs. It stands out for its unique fee structure, which uses trading fees on LanaDex to buy back and burn the project’s token, $MOLA. This deflationary approach can strengthen the value of the token over time.
In addition to LanaDex, Moonlana is developing LanaTools, a custom charting platform for Solana tokens. This platform will provide advanced features such as price alerts, pool exploration, liquidity monitoring and token holder insights. Additionally, Moonlana introduces Lanamon, an on-chain tilt bot that focuses on the Solana ecosystem. Through Lanamon, users can effortlessly tip and distribute tokens, promoting engagement and interaction within the community.
In a major development, Zebec and MoonLana have formalized their partnership. With Zebec’s Multisig Safe integration, MoonLana’s $MOLA is kept safe in a multisig treasury. In addition, MoonLana has entered into a strategic partnership with Vyper, a leading exchange platform. This alliance guarantees the availability of $MOLA on Vyper, increasing the token’s fame and accessibility.
Moreover, the token is down 3% in the last 24 hours. While this looks bad, it could rise above this price level given recent activity and the frenzy of Bitcoin’s recent halving. The coin is up 70.54% on a YTY basis and 10% over the last thirty days at $0.00005906.
Learn more
PlayDoge (PLAY) – Latest ICO on BNB Chain
- 2D Virtual Doge Pet
- Play to earn Meme Coin Fusion
- Staking and in-game token rewards
- SolidProof checked – playdoge.io
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