Is this the next big meme coin? P2E token PlayDoge launches presale & raises $250K

economictimes.indiatimes.com:

PlayDoge is quickly becoming a fan favourite. Indeed, that is enhanced by its meme coin allure, with Doge-themed pets on offer.

PlayDoge combines the best of P2E and meme coins

With the next wave of the crypto bull rally inching closer, hot narratives like meme coins and P2E are unsurprisingly picking up steam. Therefore, PlayDoge’s position at the crux of these two trends presents a bright outlook for the token and could lead to explosive growth. This was highlighted in a recent video by analyst Jacob Bury, who suggests PlayDoge could 10x after it launches on exchanges.
Currently, the total market cap of meme coins is $66 billion, while the gaming sector is valued at $28 billion. As evident, PlayDoge has plenty of room for growth.

Utility meme coins like Floki are thriving, is PlayDoge next?

With so many meme coins on the market, finding the next one to explode is like searching for a needle in a haystack. However, the utility-based meme coin subcategory offers a more calculated and structured opportunity. Traders can anchor these projects against traditional fundamental analysis metrics, such as tokenomics, use cases, and addressable market size. This has led utility-based meme coins like Floki and Shiba Inu to outperform recently. Both have outpaced market leader Dogecoin this year, while Floki is also one of the best-performing top 10 meme coins this month.

But with utility meme coins gaining steam, the new PlayDoge is enjoying a timely launch, and its early momentum reflects this phenomenon.

PlayDoge is