PlayDoge pre-sales exceeded US$5.8 million, and Dogecoin is predicted to increase by 131% in 2024

PlayDoge ($PLAY) has raised over $5.8 million in pre-sales and is aiming to cross the $6 million mark by the weekend.

Riding on this meme coin craze, the market predicts that Shiba Inu-themed cryptocurrencies such as Dogecoin will soar 131% in 2024. PlayDoge has incorporated its own virtual currency, Shiba Inu (SHIB), and hopes to raise an additional $162,000 to meet its funding goal.

In addition, although the mobile game to be launched by PlayDoge has not yet been launched, investors can purchase $PLAY at a pre-sale price of $0.00522/token before the price of PlayDoge rises to $0.00523.

This year’s memecoin supercycle has been dominated by dog-themed tokens such as $DOGE and Shiba Inu ($SHIB). Since the beginning of the year, $DOGE’s market capitalization has surged from $12 billion to $32.82 billion, while $SHIB has surged from $6.1 billion to $26.89 billion.

These leading dogecoins have opened up wealth for entry-level investors, like DogWifHat, which has a staggering 1.324% growth, and Floki ($FLOKI), which is already up 436%. However, the price of Dogecoin failed to return to its peak in 2021 and fell to a record low of $0.73. However, as meme coins regain the attention of investors in the second half of 2024, many traders have begun to turn their attention to Dogecoin again.