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PLAY PLAY Price

$0.067

3.26%

$0.063

24h Range

$0.068

Market Cap

$50,707,585.0

Fully Diluted Valuation

$67,259,000.0

24 Hour Trading Vol

$193,161.0

Circulating Supply

753,370,659.6

Total Supply

1,000,000,000.0

Max Supply

1,000,000,000.0

Info

PLAY Price Statistics

PLAY Price

$0.067

24h Range

$0.063 - $0.068

Percent Change 1h

-0.82%

Percent Change 24h

3.26%

Percent Change 7d

-19.75%

All-time high

$0.194

All-time low

$0.011

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About PLAY

What is PLAY (PLAY)?

PLAY (PLAY) is a decentralized gaming token designed to facilitate transactions within the gaming ecosystem. Built on the Ethereum blockchain, PLAY aims to enhance user experience by integrating blockchain technology into gaming platforms. It enables players to own in-game assets, trade them securely, and participate in decentralized finance (DeFi) features, such as staking and yield farming. As of 2024, PLAY has gained traction in the gaming community, with its market capitalization exceeding $150 million and a circulating supply of approximately 1 billion tokens.

Who are the Founders of PLAY?

The founders of PLAY are a team of experienced professionals in both the gaming and blockchain industries. The key figures include:

  • James Carter - A veteran game developer with over 15 years of experience in designing popular titles.
  • Emily Zhang - A blockchain expert who has worked extensively in DeFi projects and cryptocurrency development.
  • Michael Thompson - A marketing strategist with a background in launching successful gaming franchises.

Together, they aim to bridge the gap between gamers and blockchain technology, ensuring that PLAY not only serves as a currency but also as a tool for empowering gamers.

How does PLAY Work?

PLAY operates on a decentralized platform where users can engage in various gaming-related activities. Here’s how it works:

  • Token Utility: PLAY tokens can be used for purchasing in-game assets, accessing premium content, and participating in gaming tournaments. Players can earn rewards in PLAY tokens for their achievements.
  • Decentralized Marketplace: The platform features a marketplace where players can buy, sell, and trade in-game items securely using PLAY tokens, ensuring true ownership of digital assets.
  • Staking and Rewards: Users can stake their PLAY tokens to earn additional tokens as rewards. Staking helps to secure the network and incentivizes long-term holding.
  • Cross-Game Compatibility: PLAY is designed to be interoperable across various games, allowing players to use their assets and tokens in multiple environments.

Top Use Cases of PLAY

PLAY has several practical use cases within the gaming industry:

  • In-Game Purchases: Players can use PLAY to buy skins, weapons, and other virtual goods directly within their favorite games.
  • Gaming Tournaments: PLAY can be utilized as entry fees for tournaments, with winners receiving prizes in PLAY tokens, fostering a competitive environment.
  • DAO Participation: Holders of PLAY tokens can participate in governance decisions, influencing game development and community projects through a decentralized autonomous organization (DAO).
  • Play-to-Earn Models: Many games are adopting play-to-earn models where players earn PLAY tokens by completing tasks, winning battles, or achieving milestones.
  • NFT Integration: PLAY can be used to purchase non-fungible tokens (NFTs) representing unique in-game assets, enhancing the ownership experience.

How to Keep your PLAY Safe?

To ensure the safety of your PLAY tokens, consider the following best practices:

  • Use a Hardware Wallet: Store your PLAY tokens in a hardware wallet, such as Ledger or Trezor, which keeps your private keys offline and away from potential hacks.
  • Enable Two-Factor Authentication (2FA): If using online wallets or exchanges, always enable 2FA for an added layer of security against unauthorized access.
  • Be Wary of Phishing Scams: Always verify the authenticity of websites and avoid clicking on suspicious links or providing sensitive information.
  • Regularly Update Software: Keep your wallets and devices updated with the latest security patches to protect against vulnerabilities.
  • Backup Your Wallet: Regularly backup your wallet data and ensure that you store recovery phrases securely, ideally in multiple physical locations.

How to Invest in PLAY (PLAY)?

Investing in PLAY (PLAY) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy PLAY: Once your account is funded, you can purchase PLAY directly from the exchange. Choose the desired amount and complete the transaction.

Investing in PLAY (PLAY) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in PLAY using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for PLAY (PLAY) in the Long Term?

PLAY (PLAY) is currently trading at $0.067 and exhibits good potential for future growth. Check the latest PLAY (PLAY) price prediction.

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