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Dogizen now boasts over 1.4 million active users in its Telegram mini-app, a play-to-earn game that will soon expand into an ecosystem of games that let players earn crypto in new ways united under the DOGIZ token.
ApeCoin, the official token of Yuga Labs’ Bored Ape Yacht Club, rallied by 2x over the weekend after launching its proprietary Layer-3 Apechain.
The new utility for APE is proving to be a draw, causing the token’s first major upside move since February. Elsewhere in the markets, Telegram gaming platform Dogizen has now entered Stage 2 of its presale after smashing the $700,000 mark, setting the stage for further gains.
Both tokens offer attractive investment opportunities this week. Let’s take a closer look at which coin has the best long-term prospects.
ApeCoin has faced one of the nastiest falls from grace in crypto since launching in 2022, dropping from an all-time high price of nearly $40 to a low of less than $0.50 just three months ago.
However, since then, the token has rallied by around 3x, with the vast majority of that upside coming over the weekend. Currently priced around the $1.50 mark, APE pumped by 2x on Sunday after the launch of ApeChain, a Layer-3 blockchain and cross-chain bridge that brings much-needed utility to an otherwise dead memecoin.
ApeChain is built on Ethereum Layer-2, Arbitrum, and aims to bring an ecosystem of dApps spanning finance, gaming, and more to the Bored Ape community. Games currently include a 1000x leverage trading simulator, where winners earn real crypto and other dApps such as a cross-chain bridge bring additional functionality.
The chain’s slick branding and ability to leverage the Bored Ape community could help it thrive, and its effect on price has been impressive—however, with the Layer-3 space becoming increasingly competitive on Ethereum, it may be difficult for ApeChain to carve out a space for itself in the long run.
Dogizen now boasts over 1.4 million active users in its Telegram mini-app, a play-to-earn game that will soon expand into an ecosystem of games that let players earn crypto in new ways united under the DOGIZ token.
The token’s debut in the first-ever Telegram ICO has been a roaring success, selling out its $700K first stage rapidly and now zeroing in on a $1 million raise. The DOGIZ token will deliver holders a share of revenue derived from the mini-app, which turns out could be huge: fellow Telegram game, Catizen, has made upwards of $25 million, while games on Chinese messaging app WeChat have brought in billions.
The Telegram gaming sector at large is worth nearly $2 billion already, despite effectively coming into existence just this year. And, with Telegram’s unique power to onboard new users into crypto – up to 50% of Telegram gamers are no-coiners – the sector is set to grow even more.
With Dogizen’s industry-leading features, it’s primed to lead the charge, and could see the price of its DOGIZ token surging well into 2025 as a result.
In this dog vs. ape battle, Dogizen arguably comes out on top. Apecoin has enjoyed a brief rally on the back of the ApeChain launch, but there is no guarantee the hype will last, and conversely, Dogizen’s future holds plenty that could drive up the price of DOGIZ.
As the first Telegram ICO to date, there’s also a flood of hype that could pour into the presale as more gem hunters catch on, so don’t miss the chance to get in at a low price in these early stages.
DOGIZ is currently priced at $0.000074 but this heavy discount is unlikely to last for long.
To buy DOGIZ and learn more, head to the official Dogizen website.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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