Floki ($FLOKI), which is famously known as “The People’s Cryptocurrency,” experienced a significant surge of over 10% just hours after a major crypto exchange announced its inclusion of FLOKI in its perpetual futures trading. This development is a major milestone for the Floki ecosystem and is expected to reverse the recent dip in the meme coin’s trading.
In the meantime, PlayDoge ($PLAY), a new play-to-earn game that brings back the nostalgic Tamagotchi style, has achieved its own milestone by raising $5 million in a token presale.
The popular US-based crypto exchange, Kraken, recently made an announcement to list FLOKI perpetual futures for trading on its platform. Kraken is renowned for its rigorous listing standards and thorough vetting procedures. This move allows its 10 million users to speculate on the price movement of FLOKI by choosing leveraged short or long positions.
Following the announcement, FLOKI’s value increased by 10% in just a few hours. This could potentially be the catalyst that Floki’s supporters have been eagerly waiting for, as it may put an end to the token’s recent price decline and kickstart a new bullish trend.
This announcement by Kraken adds to Floki’s ongoing efforts to expand its presence in the market. Floki was recently listed on Nexo, which provided access to an additional 7 million users. Additionally, Floki partnered with Revolut Business to simplify FLOKI purchases for European businesses.
Floki is also developing a play-to-earn game called Valhalla, which is currently available for free on testnet. The game allows players to create and customize their Viking NFT characters and engage in various activities such as raiding, farming, and fighting in an open world setting. The development team, consisting of over 20 developers, is guided by the DAO in making decisions for future development.
As Valhalla progresses from testnet to its final version, players will need FLOKI tokens in their wallets to participate. The anticipation for this game and the desire to gain an advantage upon its release may be contributing to the recent rise in FLOKI’s value.
However, despite these recent developments, Floki has only shown modest returns. For those seeking a more high-risk, high-reward investment option, a new play-to-earn meme game has caught the attention of investors.
PlayDoge, a play-to-earn gaming token, has experienced continuous growth since its presale launch. Within less than a month, PlayDoge managed to raise $5 million, achieving a significant funding milestone.
This new crypto project aims to bring the beloved Tamagotchi-style game of the 90s to mobile devices. However, there’s a unique twist – players earn $PLAY tokens as rewards for taking care of their virtual pet dogs and completing mini-games. Neglecting their pets could result in them leaving or perishing.
Holding $PLAY tokens provides in-game benefits, including access to the Leaderboard, where players can compete for bonus $PLAY tokens and additional rewards. The token also serves as in-game currency.
Apart from gameplay incentives, the presale of $PLAY tokens offers attractive staking yields of over 140%. Notably, PlayDoge supports staking rewards on both Ethereum and Binance blockchains, unlike most token presales that only offer rewards on the Ethereum blockchain.
While Floki has been in the game development space for a longer period and is more advanced, PlayDoge, with its strong investor support and simple gameplay, has the potential to become a major player in the near future.
For more information about the PlayDoge presale, visit their website.
