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PawFury is a new meme coin and crypto game focusing on dog-based memes and sustainable gaming goals to gain traction in the crypto space. This project has raised upwards of $4.5 million in its presale, indicating a bullish sentiment about this dog-meme ecosystem.
However, the community is asking whether this momentum will persist after the presale concludes.
What is PawFury?
PawFury markets itself as a memecoin designed to redefine responsible, educational, and sustainable gaming. According to its whitepaper, it aims to utilize its gaming ecosystem to create real-world impact.
To realize this vision, PawFury has established gameplay mechanics featuring multiple characters that liken its dog-based characters to superheroes.
These characters include MAX, a Shiba Inu, Yuki, a White Samoyed; Boris, a Bulldog; Maya, a Labrador; and Spike, a Siberian Husky.
On the surface level, the project showcases an image of a meme coin attempting to combine all dog-based memes into a singular game.
While the official whitepaper does not highlight the type of game that PawFury has in store for the community, it does state that the games will have multiple quests.
The project advertises that these quests will allow players to contribute to the betterment of the environment in real time.
An example given is related to the oil spill. If a game consists of a task that an oil spill has to be cleaned in a particular region within the virtual ecosystem, a certain percentage of profits generated from PawFury will go to organizations in the real world that work on cleaning oil spills.
NFT Marketplace
PawFury is also set to introduce an NFT marketplace, an ecosystem within the game allowing players to own, trade, and benefit from in-game assets. All in-game items are tokenized as NFTs. Some are usable within the game itself, such as power-ups and recharge fuel, and others, rarer NFTs, will have real-world rewards, such as eco-tourism packages.
$PAW – Tokenomics and Utility
At the core of PawFury is the $PAW token, which powers its gaming ecosystem. It can be used to buy in-game items and access some of the game’s premium features.
Furthermore, $PAW also comes with a staking perk, allowing investors to earn APY rewards. Holders will also be given access to PawFury DAO and certain updates.
When it comes to tokenomics, there are 2 billion $PAW tokens in total, divided into the following.
1.12 billion is for presale
200 million is for exchange liquidity
200 million for rewards
200 million for staking
100 million for reserves and new game DAO
100 million for marketing
60 million for the team
20 million for advisors
Is PawFury a Good Investment?
PawFury is a meme coin with gaming fundamentals. It also focuses on staking perks to incentivize long-term holding. Furthermore, it shows images of multiple dog-based memes, which could be seen as an attempt to unite the dog-themed meme coin communities.
Due to these factors and the fact that it has raised more than $4.5 million to date, it is easy to see why many might consider it a good presale investment.
Furthermore, it has a large social media following, and its Twitter handle shows that the project was conceptualized over a decade ago. This could indicate that many of its gaming features may be revealed to the public soon.
However, investors must also have a critical view of the project since similar projects in the past have failed to deliver on their promises. Another factor that would test this project’s investment worthiness is how it performs in a volatile market.
PawFury Price Prediction
Since PawFury is a meme coin with an underlying gaming utility, its price must be predicted on two fronts.
Short-Term Price Prediction
PawFury is currently on presale with multiple stages. At the time of writing, the token can be bought at a discount price of $0.015 compared to its listing price of $0.02. Therefore, those who invest in this token today will make a 25% profit.
If the project’s social media engagement continues to grow, it may experience a major listing pump. Since it is a meme coin, it can possibly grow by 10x and reach $0.2.
Long-Term Price Prediction
PawFury’s upcoming game and the community’s reaction to it will determine its long-term value. Macroeconomic conditions will also be important since they will mobilize investors towards meme coins such as PawFury.
Our conservative estimate suggests that, under favorable market conditions, the $PAW price could potentially increase by another 50% over the long term. Now, if another popular character from a dog-themed memecoin is added to this gaming project, $PAW may be able to climb higher.
The Meme Games – New Meme Coin With Gaming Elements
PawFury has attempted to unify the meme coin community by featuring meme mascots of several dog-themed meme coins. The Meme Games (MGMES) is another high-potential memecoin that has adopted a similar approach.
However, its method of unification is slightly different since it involves combining the mascots of high-performing meme coins like Turbo, Pepe, Dogecoin, Dogwifhat, and Brett and portraying them as meme athletes.
This meme coin project has designed a blockchain-powered Olympic Games, also referred to as “meme games,” that will run parallel with the 2024 Paris Olympics. These meme games will run alongside the project’s presale, giving it a gamified look, which makes it an interesting project for early adopters.
Those who invest in the presale will get a chance to support a meme character as it participates in a 169m dash. A race will be held within the virtual arena, and the outcome will be randomized. If that character wins, investors who support it will earn a 25% bonus.
This unique style of dispensing bonuses through gamifying the ICO will help MGMES grow in value when it goes live. Another factor that could boost its value is the hype around the “meme athletes” participating in the games.
The Meme Games’ Twitter account shows posts highlighting each meme character with a unique backstory, which adds to the project’s comedic flare.
Jacob Crypto Bury, a popular YouTuber with over 40k subscribers, has given his analysis of this project, highlighting that The Meme Games has 10x potential.
Cryptonews, another popular crypto-education YouTube channel, has discussed the token having a 100x potential.
The Meme Games has raised more than $220k in less than a week since starting its presale. At the time of writing, it is available at a discount price of $0.00905.
Visit The Meme Games
*Cryptonomist did not write the article or test the platform.