The meme coin market is once again buzzing with excitement, as some of the top tokens have seen two-digit increases over the past 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, has made a remarkable debut, raising more than $200k during the first day of its presale. Both $FLOKI and $PLAY are showing strong potential, adding fuel to the ongoing meme coin craze.
Floki Price Rises 23% in Response to Recent Developements
Floki’s price has risen significantly, up 23% in a week and 1.5% in the past 24 hours. This surge is largely attributed to Coinbase’s recent announcement to roll out perpetual futures contracts for FLOKI.
The token will be tradable on or after 9:30 a.m. on May 30th, alongside other popular meme coins like Bonk and Shiba Inu. Coinbase’s move is expected to enhance FLOKI’s liquidity and attract more traders to the coin.
Additionally, FLOKI’s price jumped 14% on May 28th after the project announced the launch of the Floki trading bot’s closed beta on Telegram. This bot supports trading on multiple blockchain networks. The closed beta, which will last for two weeks, aims to gather user feedback and identify any 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 passed $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 engagement.
The token has even been advertised on a Times Square billboard since March this year. The Floki team has been relentless in its efforts to bring real utility and attention to the token, including ventures into DeFi, NFTs, and GameFi.
The team has recently released a beta version of their flagship game, Valhalla, which features on-chain raiding, farming, battle, quest, clan, and e-sports mechanics. The game will soon be moving 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 $250k in First Day of Presale
PlayDoge ($PLAY), a new BEP-20 token, is making waves in the crypto space with its unique P2E game. In just the first day of its presale, PlayDoge raised over $200,000.
The game, styled after the classic Tamagotchi, allows players to take care of a virtual Shiba Inu and earn $PLAY tokens.
The Play-to-Earn market is a rapidly growing sector with a market cap of close to $14 billion. This engaging approach to gaming offers both 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 contender in this sector.
In the upcoming 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. Then, you can work with your Doge to complete mini-games and earn $PLAY tokens.
Presale investors are also given the opportunity to stake their $PLAY tokens for an impressive 2102% annual percentage yield (APY).
This staking reward offers substantial returns for early adopters. The token is currently priced at $0.005, but this is set to increase in the coming days. To buy $PLAY, head to the official website and connect your wallet.
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