Shiba Inu (SHIB) launched the Shibarium mainnet, an Ethereum Layer-2 scaling solution, on August 16. This occurred months after testing, which saw a total of 21 million wallets get created. Cardano (ADA) also saw significant shifts in its value, bringing investors into the project. However, the most significant attention was gathered by Pomerdoge (POMD), and today, we will explore why this has been the case.
Summary
- Shiba Inu will reach $0.00001078 by the end of the year
- Cardano will climb to $0.37 by the end of 2023
- Pomerdoge will surge by 4,000%
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Shiba Inu (SHIB) Future Outlook
Shiba Inu (SHIB) originally rose to popularity during the bull market between 2020 and 2021, then briefly overtook Dogecoin (DOGE), another notable altcoin. But the Shiba Inu crypto could not hold onto the gains for too long and lost 80% of its value during the bear market. Analysts predict that, with the launch of the Shibarium mainnet, it can recoup some of these losses.
In addition, as of August 17, 2023, the Shiba Inu crypto trades at $0.00000886. During the past week, its low point was at $0.00000905, while its high point was at $0.00001119.
Moreover, the crypto has a market cap of $5,413,268,804, with a 24-hour trading volume of $415,662,677. In the past month, the Shiba Inu price increased by 18.4. In the past two weeks, it’s also been up 11.5%. Moreover, according to the Shiba Inu price prediction, it can reach $0.00001078 by the end of the year.
Cardano (ADA) Price Prediction
Another cryptocurrency that gathered a significant level of momentum is Cardano (ADA), which trades at $0.276154 as of August 17, 2023. During the past week, the cryptocurrency saw its lowest point of value at $0.270201, with its highest point at $0.300029.
Moreover, the Cardano crypto has a market cap of $9,678,908,483, and a 24-hour trading volume of $229,352,540, making it the 8th largest cryptocurrency. Analysts are bullish on its future, and according to the Cardano price prediction, it can reach $0.37 by the end of the year.
Analysts Believe Pomerdoge (POMD) Is The Top Performing Crypto of 2023
Alongside Shiba Inu and Cardano, another cryptocurrency that’s been surging in activity is Pomerdoge (POMD). This is an upcoming ecosystem that features meme-coin and Play-to-Earn (P2E) elements.
There are three core components currently that are in development. First, there’s Pomergame. This is a virtual world in which anyone can explore and get access to items of value. Players engage with the world through the usage of a Pomer, their digital character, which can level up and be upgraded.
Upon reaching Elite status, they can create custom items. At Gold Status, they unlock the marketplace. On top of the Pomerplace marketplace, anyone can essentially buy, sell or trade any valuable item. Soon, the team will release a 7,777 NFT collection, but it will only be available to holders of POMD.
As for the Pomerdoge (POMD) token, it’s offered at $0.008, and millions of tokens have already been sold. At this rate, analysts believe that it will climb in value by 4,000% at launch.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
The post Top 3 Cryptocurrencies to Buy in August of 2023: Shiba Inu, Cardano and Pomerdoge appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/top-3-cryptocurrencies-to-buy-in-august-of-2023-shiba-inu-cardano-and-pomerdoge/