Dogecoin set to rise over 100% in 2024 as PlayDoge raises $5.8M in presale
The post Dogecoin set to rise over 100% in 2024 as PlayDoge raises $5.8M in presale appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin is set for a big 2024 price boost with market recovery and community support. Meanwhile, PlayDoge raises $5.8M in presale, blending 90s Tamagotchi with play-to-earn gaming. Dogecoin, one of the most popular memecoins, is forecasted to see a significant price increase in 2024 thanks to several factors, including market recovery and community support. Meanwhile, a new competitor, PlayDoge (PLAY), has raised $5.8 million in its presale. This new Doge-themed memecoin brings the Tamagotchi-style game of the 90s into everyone’s pocket via play-to-earn mobile game. Dogecoin’s predicted rise Dogecoin (DOGE), launched in 2013 as a joke cryptocurrency, has grown to become one of the most recognized names in the crypto world and the largest memecoin with a market cap of $18 billion. Known for its Shiba Inu mascot and the support of high-profile figures like Elon Musk, Dogecoin has experienced significant volatility over the years. Currently, Dogecoin is trading at around $0.12, far below its all-time high of $0.73 in May 2021. Despite that, some crypto analysts believe that DOGE could trade as high as $0.27 by the end of 2024, making 125% gains from the current price. Some crypto experts and Dogecoin investors have speculated that Elon Musk will integrate DOGE in some form or another on his X (Twitter) platform. Even US presidential candidate Donald Trump has raised $3 million in crypto donations, including Dogecoin. On top of that, the community is still strong as their developers continue building tools to allow businesses to integrate Dogecoin into their tech stack and offer clients and customers to pay for goods and services in DOGE. Another factor that could positively affect Dogecoin’s price is the ongoing market recovery after…
Filed under: News - @ July 27, 2024 12:10 pm