Pepe Coin (PEPE) and Dogecoin (DOGE) are having a tough time. Pepe Coin (PEPE) lost 17% value in a day, while Dogecoin (DOGE) is trying to get better but experts are unsure. Meanwhile, Pomerdoge looks hopeful because of its resilience and utility.
Summary
- Pepe Coin (PEPE) price drops 17% after a large amount of tokens were withdrawn from exchanges.
- Dogecoin (DOGE) developer is making changes to the system, but the price is still low.
- Experts are forecasting that the price of Pomerdoge could reach $0.1 at launch.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pepe Coin Price Drops 17%
The price of Pepe Coin (PEPE) has dropped by 17.24% in the last 24 hours. Pepe Coin (PEPE) is currently trading at $0.00000089, down from a recent peak of $0.00000111. The sell-off was triggered by the news that a large amount of PEPE tokens had been withdrawn from crypto exchanges. Over 16 trillion tokens were transferred from the Pepe Coin (PEPE) multi-sig wallet to various addresses, including those linked to Binance, OKX, and Bybit.
This move has alarmed investors, and caused the price of Pepe Coin (PEPE) to drop further. It has also raised concerns about the project’s stability, and reliability. Now, the multi-signature wallet has PEPE tokens worth $10 million. This is the first time that tokens have been sent from the wallet to exchanges.
The reasons for the withdrawal of the tokens are unclear. However, it is possible that the developers are preparing to sell them. This might make the price of Pepe Coin (PEPE) go down even more.
Positive Developments in the Dogecoin (DOGE) Community
There is good news for the Dogecoin (DOGE) community. A developer, with Twitter handle Bluezr, is working to improve Dogecoin’s (DOGE) core system. They are focusing on a small update that will make the Dogecoin (DOGE) core more efficient. Thus, it will make things run smoother, and give users a better experience. Moreover, people can see their progress on GitHub, where they are working with others to improve Dogecoin (DOGE) Core 1.14.7.
However, some analysts are still skeptical about Dogecoin (DOGE). Thus, the price of Dogecoin (DOGE) is currently $0.06, and has decreased by 2.49% in the past 24 hours.
Pomerdoge (POMD): Where Fun Meets Utility in the World of Cryptocurrency
With NFT gaming growing hugely – the number of players shot up over 2,000% in early 2022. Pomerdoge is ready to make the most of this positive trend. It is a new cryptocurrency that combines the fun of a meme coin with the usefulness of a utility token. What makes Pomerdoge different is its focus on providing real value to its users. While meme coins often rely on trends, POMD goes beyond by offering tangible benefits to its community.
One of the key features of the platform is its Pomergame platform. This is a play-to-earn game where players can earn the tokens by playing games. Another important feature is its Pomerplace marketplace. This is a place where players can trade their in-game items for real cash.
The coin is currently in its presale phase, and has already raised over $1.46 million. Moreover, the developers are forecasting that the price of POMD could reach $0.36 at launch, from its current price of $0.09.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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