Investors are pouring into growth-oriented projects without any fear, as the crypto market is looking at a rebound.
Recently, Pomerdoge emerged as the most attractive investment option among. Even holders of Loopring (LRC) and Flare (FLR) have shed their tokens to invest in Pomerdoge.
According to analysts, POMD’s value can grow by a minimum of 4,000% by the end of 2023. In this article, we will look into these cryptocurrencies in detail.
Summary:
- Loopring (LRC) has suffered a price drop of 2% in the past month.
- Flare (FLR) has joined hands with Ankr to help dApps developers.
- Experts believe that Pomerdoge’s value will shoot up by 1,700% during the presale.
Bears Suppress Loopring’s (LRC) Growth Prospects
Despite the growing popularity of zero-knowledge proofs, Loopring (LRC) has failed to post any convincing market performance. Notably, Loopring (LRC) is a protocol, which aims to facilitate the building of non-custodial DEXs by leveraging zkProof technology.
The market value of Loopring (LRC) has plunged by 2% over the past 30 days. Therefore, Loopring’s (LRC) current trading price has come down to $0.22. Moreover, there are no signs of relief for Loopring (LRC).
As per LunarCrush’s data, bearish sentiments around Loopring (LRC) have strengthened by more than 101%. This indicates that selling pressure on Loopring (LRC) is increasing.
Flare (FLR) Partners With Anks To Help Developers
As the overall crypto market is dwindling, Flare (FLR) is working on expanding its ecosystem. In the latest event, Flare (FLR) partnered with Ankr, a decentralized Web3 infrastructure provider.
With this, Flare (FLR) aims to enhance its suite of RPC (remote procedure call) tools for developers. Under the partnership, developers on the Flare (FLR) network will be able to use the advanced infrastructure of Ankr.
It will improve development processes and node operations on the Flare (FLR) network. The Flare (FLR) community believes that this can also attract new users to the network in the coming weeks.
Pomerdoge Shows Enormous Growth Prospects
Investors are increasingly joining the blockchain gaming industry. The market data suggests that the blockchain gaming industry is likely to expand at a CAGR of 68.3% from 2023-30. Moreover, play-to-earn (P2E) has become the most profitable blockchain game. To maximize the benefits of this trend, Pomerdoge has entered the crypto space with a new P2E meme coin.
Pomerdoge is a state-of-the-art platform that will introduce a new P2E game: Pomergame. This exciting game will be available across the globe. In the game, players can compete against each other, and earn money for spending time playing it. If gamers get a gold status Pomer, they will be allowed to sell their in-game items in Pomerplace, which is the platform’s marketplace as well as the battle arena.
The presale of the platform’s native token, POMD, has begun and is currently in the first stage. Additionally, the token holders will get exclusive access to a collection of 7,777 NFTs, which will boast unique value and benefits.
At present, you can book a POMD token at just $0.007. Moreover, analysts believe that Pomerdoge’s value can soar by 1,700% during the presale phase. Hence, investors want to invest in the project as early as possible. Additionally, during the presale phase, Pomerdoge will distribute a $50,000 mega Pomer prize along with $100,000 in giveaways.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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Source: https://www.thecoinrepublic.com/2023/08/14/loopring-and-flare-fall-while-new-meme-coin-pomerdoge-gets-off-to-a-flying-start/