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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700

Ethereum (ETH) and Solana (SOL) Eyes Bullish Momentum As Pomerdoge (POMD) Makes Market Bulls Active

Bitcoinist
by Bitcoinist
Last Updated: August 24, 2023 2:43 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Gone are the days when there were only a few options for crypto investments. Now, the crypto world is flooded with investment options, and Pomerdoge is currently the most profitable one.

This new project can see its value grow by 40x by the end of 2023. So, it can leave cryptocurrencies like Ethereum (ETH) and Solana (SOL) behind.

Summary

  • Ethereum’s (ETH) trading volume has plummeted in recent weeks.
  • Solana’s (SOL) NFT sales have plummeted.
  • Pomerdoge can grow by 40x by the end of this year.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Ethereum (ETH) Sees Decline In Trading Volume

The Ethereum (ETH) network has witnessed a significant change in its HODLing and staking. As per the latest on-chain data. Ethereum (ETH) reserves across all centralized crypto exchanges have fallen to a 5-year low.

According to Glassnode’s latest data, Ethereum’s current reserve on CEXs is just 12.57% of ETH tokens in circulation. Notably, this number was around 30% in 2020. Thus, it indicates that Ethereum investors are preferring to hold their tokens than sell them.

However, the trading volume on the Ethereum (ETH) network has dipped in recent weeks. Meanwhile, the price of Ethereum (ETH) has increased by 1% in the past week, and has surged to $1,849.51.

Solana (SOL) Suffers Drop In NFT Sales

The recent data from Cryptoslam has revealed that the NFT ecosystem of the Solana (SOL) network is declining. Moreover, the data shows that the NFT sales volume of Solana (SOL) has plunged by more than 56% in the past month.

Thus, it has negatively impacted the price movement of Solana (SOL). Thereby, the market value of Solana (SOL) has dipped by more than 10.7% in the past month. Subsequently, Solana (SOL) is trading at $24.51. However, the sentiment around Solana (SOL) is highly bullish, which can prevent a further fall in Pomedoge’s price.

Pomerdoge (POMD) Emerges As The Most Profitable Project

Recent market reports have suggested that the blockchain gaming industry is growing at a promising pace. The industry is likely to grow at a whopping CAGR of 68.3% over the next seven years. Pomerdoge is the latest entrant in the blockchain gaming space, and has unveiled a new P2E game.

 

Amazing! We have now raised over $1,000,000 in exactly three weeks. We are thrilled at the community we have, everyone says they have the best but we truly believe we are up there!

Now onto the next milestones, we have almost 1,500 holders now.

We really want to become the… pic.twitter.com/CaIt64n0DN

— Pomerdoge (@pomerdoge) August 17, 2023


Pomerdoge is the perfect blend of meme coins and utility tokens, and its new game is called Pomergame. Here, players can battle against each other to collect rewards, and earn money. Notably, Pomerdoge users will get paid for the time they spend in Pomergame.

Players can also build their characters, and create customized in-game items to upgrade their avatars. Interestingly, gold status Pomer holders can start selling their in-game assets at Pomerplace, the platform’s marketplace.

The platform will use POMD as its native crypto. The token’s presale is live and currently in stage 1. Within a few days of its presale kickoff, the purchase price of a POMD token has increased from $0.007 to $0.008. Subsequently, analysts predict Pomerdoge’s price to surge by 17x during the presale phase.

Moreover, presale investors will get a chance to earn a percentage of the platform’s revenue. Additionally, the platform will distribute $100,000 in giveaways and give a $50,000 mega Pomer prize. The project’s presale will have four stages, and the first stage is selling out quickly. So, hurry and get a 4,000% ROI by the end of the year.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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