26 Jun, 2024
5 minutes
| Cryptocurrency | PlayDoge |
|---|---|
| Token | PLAY |
| List Price | $0.00540 |
| Market Cap | $48,833,000 |
| Circulating Supply | 9.6 billion |
PlayDoge is a play-to-earn meme coin based on Binance Smart Chain. The project is extremely successful, raising more than $5 million during its presale.
Crypto researchers and investors are interested in how far PlayDoge's $PLAY token may rise. We'll explore the price of $PLAY in 2024, 2025, and 2030 in our PlayDoge price prediction, and will think about whether PlayDoge ($PLAY) is a good investment in 2024? Let's find out!
| Year | Potential Low | Average Price | Potential High |
|---|---|---|---|
| 2024 | $0.0070 | $0.054 | $0.120 |
| 2025 | $0.0090 | $0.095 | $0.160 |
The PlayDoge token opened the presale on May 28, 2024 on Binance Smart Chain. The presale was extremely successful, raising more than $1.8 million in $PLAY token sales in its first week, making PlayDoge one of the hottest token presale of 2024
The presale opened at a price of $0.00500 and is currently in Stage 2, offering $PLAY at a price of $0.00502. The presale is split into 40 stages, each offering 2.5% of the available $PLAY tokens. The token is expected to list at a price of $0.00540 and raise up to $24,416,500.
By the end of July, PlayDoge plans to launch the $PLAY token, which will cost $0.0054. This launch is predicted to be explosive given how rapidly the presale's early phases have sold out.
For sure, $PLAY will not cost $0.0054 level for long. Furthermore, it will take time for $PLAY that was bought during the presale and staked to receive a token. Presale investors have a strong incentive to hang onto their $PLAY during this period rather than sell, which increases the pressure on the supply of $PLAY that is available.
Though PlayDoge game shouldn't be accessible when $PLAY will be listed. We anticipate a further spike in the $PLAY price when the game launches as people rush to obtain tokens. In PlayDoge, players can only receive P2E incentives if they own $PLAY.
Here is our view of the the price of $PLAY will evolve from a late-July listing through the end of the 2024:
| 2024 | Price |
|---|---|
| July | $0.0054 |
| August | $0.0120 |
| September | $0.0210 |
| October | $0.0400 |
| November | $0.0480 |
| December | $0.0540 |
First, it is expected that in 2025, the cryptocurrency bull market will reach its peak. This will stimulate more investment in well-known altcoins, like $PLAY for example, and attract more new investors to the market. Additionally, it might encourage players to check out play-to-earn cryptocurrency games, leading them to PlayDoge and the $PLAY token.
Secondly, we anticipate that the PlayDoge game will be a huge success. The game is partially based on Tamagotchi, a companion pet game from the 1990s that peaked at sales of over 82 million units. With the release of a new game in 2020, Tamagotchi even made a comeback, demonstrating the captivating power and ability to captivate a large audience of gamers.
| 2025 | Price |
|---|---|
| Low | $0.0090 |
| Average | $0.099 |
| High | $0.160 |
The potential of PlayDoge in 2026–2030 will depend on the success of the game and its further development. Overall, we expect the value of $PLAY to continue to increase as more players join PlayDoge. However, in order for the value of $PLAY to continue to grow, the game must continue to attract existing players so that they continue to hold onto their tokens.
While PlayDoge's roadmap does not extend beyond the release of the initial game app, we are confident that the project team and community will be able to realize these future developments. If PlayDoge is successful, we think the $PLAY token could reach $0.25 or more by the end of the decade. This represents a market capitalization of $2.4 billion, which is equal to the market capitalization of the Solana $BONK meme coin today.
Here’s how we think the average price of $PLAY increasing from 2026-2030:
| Year | Price |
|---|---|
| 2026 | $0.115 |
| 2027 | $0.120 |
| 2028 | $0.140 |
| 2029 | $0.145 |
| 2030 | $0.150 |
According to our $PLAY price forecast, PlayDoge could deliver 10x returns upon launch. Pre-sales for the project have started with optimism that it could become one of the biggest money-making games of all time. Right now, the pre-sale offers investors the opportunity to buy $PLAY at a deep discount to the expected list price.
According to our forecast, the price of $PLAY may reach $0.1 this year, or at the beginning of 2025. This factor will be significantly affected by the launch of the coin, as well as the development of the game itself in the near future.
