A new multichain Play-to-Earn (P2E) meme coin, PlayDoge ($PLAY), has raised $5.4 million in its first month of presale. Rumor has it, it might become 'the new meme coin king'. Not everybody believes it, though.

Several YouTube crypto analysts have highlighted the token as a promising presale opportunity.

PlayDoge powers a Web3 remake of the 90s Tamagotchi game. Players care for a virtual Doge, earning $PLAY tokens for their efforts. The iconic Doge meme has inspired six of the top ten meme coins by market capitalization.

Presale investors can currently purchase tokens for just over half a cent. Early buyers may secure the lowest price for the year. Some speculate the token could surpass Dogecoin's $0.14 level or even reach $1 after launch.

The game incentivizes players to become attentive virtual pet owners. Users accumulate XP by tending to their Shiba Inu and participating in mini-games. Top performers on the leaderboard receive bonus tokens and exclusive rewards.

PlayDoge offers a more forgiving experience than the original Tamagotchi. Players can also earn $PLAY passively through staking. Early stakers enjoy APYs of 104% on Ethereum and 74% on BNB Chain.

The project allocates 50% of its 9.4 billion token supply to the presale. Another 12% is reserved for staking rewards.

PlayDoge's home chain is BNB Chain, formerly Binance Smart Chain. This connection could hint at a potential Binance listing, and that is huge. We all remember that Binance currently holds a 49% market share on the global crypto market.

SolidProof has fully audited PlayDoge's smart contract, addressing security concerns.

Investors can join the presale using BNB, ETH, USDT, or credit cards.