Connect with us
  • tg

Cryptocurrency

These Crypto Traders Think PlayDoge Meme Coin Could Explode By 2025

letizo News

Published

on

Looks like there’s a new dog-themed meme coin going viral.

PlayDoge (PLAY), a crypto gaming project on Ethereum, is gaining traction in its presale phase.

And three big-name traders reckon PLAY could produce some explosive gains by 2025.

PlayDoge – Where Memes Meet Nostalgia

PlayDoge is bringing together meme coins, P2E gaming, and ‘90s nostalgia.

Its main feature is a mobile game that’s like a crypto-powered Tamagotchi – but for the Web3 era.

Here’s how it works: Players get their own virtual Doge pet to take care of.

They can feed it, play with it, and train it, all rendered in 8-bit graphics.

As players interact with their Doge, they’ll earn PLAY tokens.

And these tokens aren’t for show – they’re real crypto that players can trade or stake.

Players can boost their PLAY income in various ways, such as through side-scrolling mini-games or ranking on the monthly leaderboard.

The whole ecosystem is designed to be easy to pick up and play while on the go.

It’s also suited to both beginners and crypto veterans.

On top of PlayDoge’s P2E game, there’s also a staking program for PLAY holders.

Right now, those who stake PLAY will receive annual yields of 84% – far higher than what most staking coins offer.

Top Crypto Traders Bet Big on PlayDoge’s 10x Potential

Three big names in the crypto world are betting on PlayDoge – and their predictions are turning heads.

First up, we’ve got YouTuber Jacob Bury.

He’s eyeing a potential 10x gain for PLAY, citing its combo of P2E gaming and meme coin appeal.

Bury reckons this combo could be a recipe for explosive growth.

The traders over at 99Bitcoins are similarly optimistic.

They’re also talking about a potential 10x price pump, but they’re most excited about PlayDoge’s retro aesthetic.

Seems like they believe nostalgia could be a powerful demand driver.

Meanwhile, YouTube trader Crypto Wire is bullish for a different reason.

He’s excited about the dual-earning potential in the PlayDoge ecosystem since players can earn PLAY tokens both by playing the game and through staking.

These three endorsements are helping ramp up the enthusiasm about PlayDoge.

The project’s Twitter and Telegram channels are blowing up, with hundreds of new followers piling in daily.

And it’s not just social media buzz.

PLAY was also ranked fifth on CoinSniper.net, a platform that reviews upcoming crypto launches.

PlayDoge Aims to Be More Than Just a Meme Coin with Ambitious Roadmap

Looking ahead, PlayDoge’s team has a packed roadmap that’s got early investors buzzing.

Right now, the project is in Phase 1.

PlayDoge’s smart contracts have been audited by SolidProof, and the token presale is in full swing.

Next up, the team is looking to launch PLAY on a DEX.

That’s when things could really start heating up.

Down the line, the team has their sights set on beta testing for mini-games, potential listings on CEXs, and even a community airdrop.

As for PlayDoge’s tokenomics, it’s worth noting that 50% of the 9.4 billion PLAY supply has been set aside for the presale.

That’s half of the tokens going directly to early supporters.

There’s also a 12% chunk for staking rewards and 10% for marketing purposes.

Ultimately, PlayDoge’s mix of gaming and nostalgia is what sets it apart from the competition.

It’s not just another useless meme coin – it’s bringing something completely new to the table.

This focus on actual utility could give it an edge in the long run.

So, while nothing’s guaranteed in crypto, PlayDoge’s fun vibes and P2E gameplay might just be the recipe for success that investors are looking for.

Visit PlayDoge Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Cryptocurrency

Circle Hits $66B Valuation, Surpassing USDC Supply

letizo News

Published

on

Circle Internet Financial, the issuer of the second-largest stablecoin USDC, has achieved a market valuation of $66.9 billion, eclipsing the entire $61.3 billion circulating supply of its own dollar-pegged token.

This rise, fueled by growing investor confidence following pivotal U.S. stablecoin legislation, has seen Circle inch closer to crypto exchange giant Coinbase’s $78 billion market cap.

CRCL Outpacing USDC

Data from Yahoo Finance shows Circle (CRCL) went as high as $298.98 during Monday’s session before closing at $263.45. This was still a nearly 10% improvement for the day and an 800% jump since its IPO in early June. The peak pushed the company’s market capitalization to just under $67 billion, overtaking the $61.3 billion supply of USDC currently in circulation.

This milestone follows the U.S. Senate’s decisive 68-30 vote on June 17 to pass the GENIUS Act. Once signed into law, the legislation will mark the United States’ first federal framework for dollar-pegged crypto assets.

It will mandate full backing, regular audits, regulatory approval for issuers, and limits on algorithmic stablecoins while paving the way for banks, fintechs, and potentially major retailers to enter the market.

Investor reaction was immediate, with CRCL shares surging over 80% last week alone. The momentum continued yesterday, amplified by news that fintech giant Fiserv plans to launch its own price-stable digital asset (FIUSD) by year-end using Circle’s infrastructure.

Bubble Fears vs. Broader Stablecoin Boom

While Circle’s valuation now places it within striking distance of Coinbase, the small matter of its trading at 216x net income with a P/E ratio above 3,200 has a few talking heads worried about a possible bubble. They suggest that investors are possibly banking heavily on future profits rather than present fundamentals.

However, the uptick has come at a time when the broader stablecoin market is experiencing growth. A recent Coinbase report revealed that fiat-linked cryptocurrencies processed $27.6 trillion in 2024, beating Visa and Mastercard combined. The study also found strong interest from 81% of crypto-aware SMBs and tripled interest from Fortune 500 firms compared to 2024.

Additionally, the latest data from DeFiLlama shows the sector’s total market cap rose by $5.671 billion in the last 30 days to push past $251 billion. Ethereum was the primary growth engine, contributing more than $3.6 billion of the new supply.

Meanwhile, Tether’s USDT is the most dominant stablecoin, with its $156 billion circulating supply making up 62% of the market. USDC’s $61.3 billion market cap gives it a 24% stake, solidifying its second-place position in the space.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Crypto Markets Bounce, SEI Explodes by 41% Daily, But Warning Signs Quickly Pop (Market Watch)

letizo News

Published

on

It’s been a wild ride in the cryptocurrency market but, to be fair, the same is true in full force for legacy markets as well. The conflict between Iran and Israel is now receiving daily developments, with the latest news of a ceasefire sparking a quick recovery.

Bitcoin’s price tested $106K, while the majority of altcoins are marking recoveries across the board.

Bitcoin Touches $106K, But What’s Next?

As CryptoPotato reported earlier today, Bitcoin’s price hit $106,000 immediately after Donald Trump announced that there’s been an agreement for ceasefire between Israel and Iran that’s already “in effect.”

As seen in the chart below, the price rallied from a low of around $99,600 to a high above $106,000 in a matter of hours, sparking a considerable wave of short liquidations across the derivatives market.

BTCUSD_2025-06-24_12-34-18
Source: TradingView

At the time of this writing, BTC trades at around $105,400, up 3.9% in the past 24 hours. The cryptocurrency remains 1.3% down for the week but the recovery seems to have started and, hopefully, it will continue.

However, for this to happen, both Israel and Iran need to honor the agreement. Unfortunately, according to a report from CNN, Israel accused Iran of firing missiles and vowed to strike back, while Tehran denied violating the ceasefire agreement.

The market remains volatile and over $500 million worth of leveraged positions were liquidated over the past 24 hours, according to data from Coinglass.

Altcoins Bounce, SEI Explodes 41%

The large majority of altcoins has also staged a considerable recovery in the past day. In fact, all of the cryptocurrencies from the top 50 by market capitalization are charting gains.

Screenshot 2025-06-24 at 12.39.46
Source: Quantify Crypto

The undeniable best performer is SEI, which skyrocketed by a whopping 41%, followed by Sonic (S), which is up 22% and Virtuals, which recovered by 20.3%.

At the time of this writing, there are no altcoins from the top 100 that are trading in the red, but the slowest performer seems to be Fasttoken (FTN), which is flat, followed by WhiteBIT Coin (WBT), which is up by 0.6%.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Cryptocurrency

Donald Trump Urges Israel to “Bring Pilots Home,” Crypto Markets Steady

letizo News

Published

on

As CryptoPotato reported earlier today, Donald Trump announced that there’s a ceasefire agreement between Israel and Iran. The crypto market took the news very positively and Bitcoin soared, testing the $106,000 level in a matter of hours.

At the time of this writing, the price has corrected a bit and it trades at around $105,300, but remains 3.8% up on the day.

BTCUSD_2025-06-24_14-00-22
Source: TradingView

Later in the day, however, reports emerged of Israel blaming Iran for firing missiles after the agreement took place and promising to retaliate. Markets are hesitant to accept any further escalation and even though the tension remains, the volatility seems to have been weathered in the past few hours.

Donald Trump urged Israel not to retaliate and to “bring [their] pilots home.” He said that he is “not happy with Israel,” while further reassuring that “Iran’s nuclear capacities are gone,” and that “Iran will never rebuild its nuclear program.”

UPDATE: 14:41; 24.04.2025

Donald Trump has reportedly spoken to Benjamin Netanyahu on the phone. The Israeli prime minister told him that he could not cancel the attack and that some response was needed to Iran’s violation of the ceasefire. Israel has, however, agreed to scale back its operation, canceling strikes on numerous targets.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved