US government holds $13 billion in crypto, including 54.89 billion Shiba Inu, as rival PlayDoge nears $6 million presale.
Recent findings from Arkham Intelligence indicate that the US government holds a significant $13 billion in cryptocurrency, including about 54.89 billion Shiba Inu ($SHIB) tokens. Meanwhile, PlayDoge ($PLAY), a rising competitor, is swiftly approaching $6 million in presale funds.
This data highlights the influential role of meme coins in the cryptocurrency market. PlayDoge, which offers more features than $SHIB—such as an upcoming Play-to-Earn (P2E) mobile game with ’90s nostalgia—could potentially become the new major meme coin held by the US government.
Investors still have the opportunity to purchase PlayDoge tokens at $0.00524, but the price is set to increase to $0.00525 within the next two days as the current presale stage concludes. Given the substantial attention PlayDoge has already received, this price level is unlikely to last long. The growing interest suggests more bullish activity once it gets listed on a major exchange like Binance, which is possible given its development on the BNB Chain and its visibility to the Binance listing team.
Is the US Preparing for the Next $SHIB Surge?
The US government’s holding of 54.89 billion $SHIB is currently valued at around $910,000. While this amount may not be enormous in relative terms, it is significant enough to classify the US as a Shiba Inu whale. Interestingly, $SHIB is the only dog-themed meme coin that the government holds in such large quantities.
Although the US government has not disclosed its plans for its $SHIB holdings, it is plausible they are preparing for a significant move—potentially cashing in once $SHIB’s price rises. With August approaching and the meme coin market showing signs of revival, this could become a pivotal moment.
BUY $PLAY NOW AND EMBRACE THE 90s NOSTALGIA
Popular YouTuber ClayBro shares this sentiment, suggesting that $SHIB is poised for a strong August, which could create an ideal environment for PlayDoge to thrive amidst a renewed meme coin-led bull market.
PlayDoge: A P2E and Meme Coin Hybrid
PlayDoge is not just another meme coin—it is an exciting mobile game set to launch soon on Google Play and the Apple App Store. Unlike many games that bombard users with ads to push premium subscriptions, PlayDoge offers a modern twist on the ’90s handheld classic Tamagotchi, featuring unique crypto elements.
In the game, players care for, train, and feed their virtual Shiba Inu pets, similar to Tamagotchi, but with the added benefit of earning $PLAY tokens. The best caretakers will be ranked on the game’s leaderboard, allowing them to earn more $PLAY. These tokens can be used for in-game interactions or traded in the broader crypto market, giving $PLAY more utility than just a token sitting in an investor’s wallet like $SHIB.
Additionally, the game’s development is ongoing, with more features and utilities expected in the future. PlayDoge has already gained a substantial following and has been recognized by the crypto education site 99Bitcoins as one of the best P2E games available today.
INVEST IN $PLAY EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
To participate in the PlayDoge presale and secure $PLAY tokens, connect your wallet to the PlayDoge website and purchase tokens using BNB, USDT, ETH, or a bank card. PlayDoge’s smart contract has undergone a complete audit by SolidProof, revealing zero critical issues in its code.
To stay informed about the latest developments with PlayDoge, join its community on X and Telegram. Enhance your Shiba Inu-themed meme coin collection with the best version: Buy $PLAY today.
