Home  >  Article  >  Bitcoin Price Rebounds, But Crypto Industry Volatility Holds Many Back; PlayDoge (PLAY) and Pepe Unchained (PEPU) ICOs Explode

Bitcoin Price Rebounds, But Crypto Industry Volatility Holds Many Back; PlayDoge (PLAY) and Pepe Unchained (PEPU) ICOs Explode

PHPz
PHPzOriginal
2024-08-15 09:34:10392browse

The Bitcoin price kicked off a recovery earlier today when the oldest cryptocurrency started climbing back toward $60,000 per coin.

Bitcoin Price Rebounds, But Crypto Industry Volatility Holds Many Back; PlayDoge (PLAY) and Pepe Unchained (PEPU) ICOs Explode

Bitcoin price opened up in the green earlier today, as the oldest cryptocurrency started climbing back toward the $60,000 per coin mark. At press time, the coin just hit $59.5k, as the surge, while slow, appears to be progressing well.

However, the volatility of the crypto industry is holding many back from joining it. Over the past several weeks, the crypto sector saw similar behavior quite often. There was a day or two of recovery where promising growth pushed the prices up, only for them to crash back down within a day or two.

Crypto traders and investors expect the next major bull run to start, but so far, all they got were these small price fluctuations which have likely led to greater losses than gains. As a result, many have started turning to alternatives, such as coins and tokens in presales, including the following two.

PlayDoge (PLAY)

PlayDoge is a new dog-based meme coin inspired by Tamagotchi, a hit toy that found global fame back in the late ‘90s. The toy allowed the user to have their own digital pet, which they had to take care of. They coils feed it, play with it, and train it to make sure that the pet is happy.

PlayDoge now brought this game in the form of an app to the Web3 sector, allowing users to interact with the pet in the same way. However, for doing so regularly, it will reward them with PLAY tokens, even letting them maximize their earnings by reaching the top of the leaderboard or completing mini-games.

The combination of P2E elements with games and memes made PlayDoge one of the most anticipated games of the year, and one of the highest-earning ICOs. The project recently hit $6 million raised while selling its token for $0.00528. Best of all, while it is in presale, the token is immune to current volatility, and its price boosts are scheduled. This is how you can know that the next one is coming in 24 hours, and so investors know that the time to buy is now before that happens.

Pepe Unchained (PEPU)

Pepe Unchained is another highly popular option right now, which has raised a massive amount of $8.29 million. The project is the latest Pepe clone and the first Pepe-based meme coin to have its own blockchain. This makes all the difference, however, given that it allowed Pepe Unchained to liberate itself from Ethereum’s limitations that still bound the original and all other clones.

With its own Layer-2 chain, Pepe Unchained is not bound by Ethereum’s low transaction speed, high fees, and lack of scalability. Quite the opposite, its speed and low cost are its greatest strengths. This is what made many believe that the project will outpe

The above is the detailed content of Bitcoin Price Rebounds, But Crypto Industry Volatility Holds Many Back; PlayDoge (PLAY) and Pepe Unchained (PEPU) ICOs Explode. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn