The meme coin sector is pumping again, and while some coins are performing better than others, a large portion of the sector is seeing a large price increase.
Meme Coins Rise Again
Solana-based tokens have emerged as some of the best performers, such as dogwifhat (WIF), which pumped 34% in the last five days. Bonk (BONK) also saw a considerable weekly surge of 25%, while cat in a dogs world (MEW) surged 18% in the last 24 hours, skyrocketing by 63% in the last week.
Another cat token, Popcat (POPCAT) saw its Solana version go up by 39% in a single week, while Wen (WEN) went up by 32% over the same period. Some weaker but still noticeable surges came from cryptos like Smog (SMOG), which pumped 11% weekly, while its daily increase is at around 6% as of the time of writing.
A similar situation was seen with Book of Meme (BOME), which went up 11% in the past three days.
BE AMONG THE FIRST TO BUY THE NEW $PLAY TOKEN
Once again, the meme coin sector has proven that its tokens are among the first to pump when the market conditions allow it, which will likely ensure that they are the most rewarding cryptos to hold in Q2, just like they were in Q1 of this year.
A New Meme Coin Presale Emerges: PlayDoge
As the circulating meme coins surged, investors also looked toward meme coin presales, just in time to see the new one emerge yesterday, May 28. Known as PlayDoge (PLAY), the new project is unique in being a mobile-based Play-To-Earn (P2E) game that transforms the iconic Doge meme into a Tamagotchi-type virtual 2D pet.
The project quickly started attracting attention, as well as capital, by invoking the feeling of nostalgia among millennial investors, combined with the promise of rewards from both the P2E model, as well as the ability to stake its token immediately after purchase.
BUY PLAY WHILE IT IS STILL IN STAGE 1 OF ITS PRESALE
So far, its presale has raised over $300k. The project’s token, PLAY, sells for $0.005, and it can be bought with BNB, USDT, ETH, or credit/debit cards. It is a BEP-20 token, meaning that it runs on the Binance Smart Chain. This could be beneficial in the long run, as being a Binance-native token could make it easier for PLAY to be listed on the exchange’s CEX.
However, interested investors should not wait too long before buying as this project will also see scheduled price increases across 40 stages of the presale. The next increase is scheduled to come in under three days, so the time to buy is now, while its price is at its lowest.
