Binance is set to list DOGS Meme Coin, could PlayDoge be next?

index

The latest Telegram-based meme coin sensation, DOGS, will be listed on Binance on August 26th at 12:00 UTC.

The meme coin will also be launched on Binance Launchpool, allowing investors to stake BNB or FDUSD coins to earn DOGS tokens.

Another new popular meme coin, PlayDoge (PLAY), is targeting a late August or early September launch date. Its pre-sale, which has already raised an impressive $6.2 million, is set to end on August 26.

There are also rumors that PlayDoge may be listed on Binance.

Smart investors are targeting huge returns from DOGS and PLAY, with some experts targeting returns of 20x to 100x.

Binance Lists DOGS

Binance is showing a strong willingness to list new meme coins. Earlier this week, Binance Futures listed Brett Coin, the most popular meme token on Base.

While the selection criteria are still very selective, Binance appears to favor meme coins with strong community support and innovative usability.

For example, it will be the first platform to list the Telegram-based meme coin phenomenon DOGS. Following the Binance listing, the meme coin will be launched on 15 other cryptocurrency exchanges, including MEXC, Bybit, and CoinDCX.

Smart investors are convinced that DOGS is one of the next meme coins to explode, with some calling it the next Notcoin.

Although a price drop is expected after the listing, analysts believe buyers will be ready to take advantage of this buying opportunity.

Meanwhile, Binance is expected to continue issuing meme coins. After all, the cryptocurrency market is at the peak of a bull market, and it is very likely that meme coins will lead the way.

In particular, small investors made millions of dollars on new meme coins during the bull market earlier this year, and experts see no reason why this phenomenon won’t repeat itself in the coming months.

In fact, the September rate cut could lead to a bigger meme coin craze due to the surge in liquidity in global financial markets. Binance and all other top CEXs will try to capitalize on that.

Can PlayDoge Secure a Binance Listing?

Similar to DOGS, PlayDoge (PLAY) has strong community support. The GameFi-themed meme coin raised over $6 million in its ICO.

Some smart money investors, such as Cilinix Crypto, which has 66,000 YouTube subscribers, are among the early buyers.

Thanks to this strong community support, there are already rumors that PlayDoge may be listed on Binance.

Finally, PlayDoge shares some striking similarities with FLOKI, one of the few meme coins on Binance. For instance, both are high utility meme coins and do not rely solely on hype.

Likewise, both have their own play-to-earn games. However, unlike Floki’s Valhalla, PlayDoge’s gameplay is more beginner-friendly and the rewards are huge. Some gamers call it a modern version of Tamagotchi, where users can complete a series of adventures with their virtual companions to earn free PLAY tokens.

Finally, both Floki and PlayDoge are multi-chain meme coins, operating on both the BNB Smart Chain and Ethereum. PLAY holders can also stake their coins and earn staking rewards on both chains.

Due to its unique value proposition and strong initial demand, there are rumors that PlayDoge may also be listed on Binance. If not, PLAY can be traded on other top CEXs and DEXs.

Unsurprisingly, smart money investors were quick to recognize its potential. In fact, some believe early buyers could see profits of up to 100x after launch.

However, the PlayDoge presale is scheduled to end on August 26, leaving investors with less than 5 days to purchase the meme coin at a discounted price and reap maximum profits.

Visit PlayDoge Pre-sale

Disclaimer: This is a sponsored article and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.

Investment Disclaimer