Cryptocurrencies, like Dogecoin (DOGE) and Cardano (ADA), are always in the news. However, there’s a new token, called Pomerdoge, which looks like it might grow a lot.
Summary
- Elon Musk’s tweets can make Dogecoin (DOGE) trading go way up, but the price can also drop quickly after.
- Cardano’s (ADA) development activity is increasing, but the price is still down significantly from its all-time high.
- The cost of a Pomerdoge token has gone up from $0.007 to $0.009 in a short time.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Dogecoin (DOGE) and Elon Musk’s Tweets
Dogecoin (DOGE) is like a roller coaster, and Elon Musk’s tweets make it even more interesting. Recently, he tweeted something that caused a huge jump in Dogecoin (DOGE) trading. In just a minute, the trading got 81,300% bigger on Binance. A lot of people started buying, and selling Dogecoin (DOGE) really quickly. About 40.379 million Dogecoin (DOGE) tokens exchanged hands.
Furthermore, traders bought around 25.69 million coins, but they sold the rest very fast. However, the big jump didn’t last long. In just one hour, Dogecoin’s (DOGE) price fell by a massive 80%. This shows that following Musk’s tweets for trading can be risky.
Additionally, people who know a lot about trading see these situations as warnings. They think there’s a bigger chance of losing money. The current price of Dogecoin (DOGE) is $0.0632, which is 91.47% lower than its all-time high of $0.74.
Cardano (ADA) Keeps Growing Despite Price Fall
Recently, Cardano (ADA) became a leader in development activity among blockchains. Though the price of Cardano (ADA) has decreased to $0.2615, development continues to grow. Cardano (ADA) is currently trading below long-term moving averages, and there are no signs of recovery yet.
Cardano’s (ADA) increase in development activity, which has surpassed its rivals, Polkadot and Kusama, is a good sign for the altcoin’s long-term adoption. This positive correlation suggests that projects may prefer Cardano’s (ADA) blockchain for their smart contract deployments in the future.
However, Cardano’s (ADA) current price is $0.27. This is a decrease of 91.40% from its all-time high of $3.10.
Pomerdoge (POMD): Fun Coin with Game Earnings and Special NFTs
Pomerdoge is a new meme coin that is gaining attention because of its unique business approach. It is a play-to-earn (P2E) coin, which means that players can earn rewards and money by playing games. This is a growing trend in the cryptocurrency world, and the worldwide Blockchain Gaming Market can increase from $4.6 billion in 2022 to $65.7 billion by 2027. Thus, Pomerdoge is looking to take advantage of it.
Its P2E game, Pomergame, will launch in Q4 2023. In this game, players can earn rewards by battling other players. This is a fun and innovative way to earn money, and is sure to attract a lot of players.
The project is also planning to release 7,777 exclusive NFTs. These NFTs will be available only to POMD token holders, which will give them added value. Its early sale is moving ahead, and it’s now in stage 1. It’s collected over $1 million. Additionally, the cost of a POMD token went up from $0.007 to $0.009 in just a short time. But, during this early sale, the token’s worth can jump up to 17x higher.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge