Crypto investment products recorded outflows this past week, with $147 million exiting the market amid negative catalysts including the geopolitical situation in the Middle East.
However, Bitcoin (BTC) bounced back to above $60k and some altcoins spiked significantly. Also seeing interest is the Dogizen (DOGIZ) token, which recently launched Telegram’s first ICO.
Tap to Earn coins surge 7% as BTC bulls hold key level
On Monday, analysts at QCP Capital noted that the flagship cryptocurrency’s recovery to the psychological level suggests a return to the bullish “Uptober” sentiment.
Amid this outlook has been the notable flip by Telegram related Tap-to-Earn coins.
Hamster Kombat (HMSTR), which saw major declines following its token launch, has recouped some of the losses. The same is observable with Catizen (CATI). Both tokens listed on major crypto exchange Binance and saw substantial profit deals on their exchange debut.
The biggest gainer in the T2E category in the past 24 hours, however, is Notcoin (NOT).
With over 8% upside in the last 24 hours, NOT has helped pull T2E market cap to over $1.3 billion. Details on CoinGecko show the tap-to-earn tokens have collectively pushed the market cap 7.7% up in this period.
Is Dogizen the Telegram game project to watch?
While the three tokens offer a potential opportunity at current levels, viral growth for Dogizen, the first ever ICO on Telegram, has investors eyeing DOGIZ.
Dogizen is a new social game that has witnessed rapid growth in a very short time. So far, the project has attracted over 1.3 million players – with over 393,000 of these daily active users. Players can earn rewards as they play.
This surge in players comes amid a major development in the space – the launch of the first initial token sale from inside Telegram.
It’s not just its popularity on Telegram and the rise of Hamster Kombat and Catizen that’s putting Dogizen (DOGIZ) on the crypto map. On top of its tap-to-earn foundation, Dogizen is looking to build the hub of gaming on Telegram.
The goal is to have a project that brings real utility to users, which is why the Dogizen Universe is a huge milestone on the project’s roadmap. Expanding developer capacity via the Dogizen SDK and the potential rollout that would see the project become the home of gaming within Telegram is likely the reason the DOGIZ presale is trending hot across the crypto ecosystem.
What is the Dogizen presale price?
As some altcoins struggle, Telegram game tokens are eyeing gains. In the presale market, often the place where savvy investors find gems, it’s Dogizen that’s attracting the most attention.
Early presale success saw DOGIZ break to $100k within hours of the ICO going live on August 4, 2024. The token sale currently stands at nearly $500k in stage 1, which targets $700k. At the end of the first stage, Dogizen presale price will increase from $0.00007 to $0.000074.
The US election, geopolitical tensions and other factors may impact crypto prices as Q4 remains tinged with jitteriness among investors. However, Dogizen may offer a huge opportunity given growth potential and analysts’ bullish prediction for various cons.
To find out more about Dogizen, visit the official website.
