Memecoins were a huge hit during the 2021 bull market. Projects like Dogecoin and Shiba Inu made mainstream media headlines, and in the process attracted hundreds of thousands of new investors. However, the hype around Shiba Inu and Dogecoin has since died down.
Both projects are currently down significantly from their all-time highs. Furthermore, over the last year, both projects have become extremely turbulent, creating room for new projects like Pomerdoge. Now, with memecoins gaining traction once again experts believe Shiba Inu, Dogecoin and Pomerdoge could see huge surges in Q4.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Could Dogecoin Hit $0.1 in 2023?
The New York Department of Financial Services (DFS) recently delisted Dogecoin from its greenlit digital tokens. This decision was made after new guidelines were released around listing and delisting cryptocurrencies. Despite this decision, Dogecoin has remained strong.
At the time of writing, Dogecoin was trading at $0.06303 and had increased by 2.48% over the last week. This has resulted in an increase in Dogecoins daily trading volume, which is currently $206.15 million.
Given its reputation, market analysts believe that Dogecoin will recover from its recent dip. During the next bull market, some believe that Dogecoin could even hit a new all-time high. As a result, Dogecoin is currently considered undervalued by many investors.
Investors Turn Bullish As Shiba Inu (SHIB) Goes Green
Shiba Inu is recovering after a month of price declines. These declines were triggered by a fault during the Shibarium launch, alongside a general market correction. As a result, some investors took to social media to express their frustration with the project. Now however, Shiba Inu is bouncing back.
After a rocky start Shibarium is quickly becoming a big hit. It already has over 1.2 million unique wallets, and continues to increase daily. As a result, Shiba Inu’s price is now starting to recover.
Over the past week, Shiba Inu has increased by 1.44% to $0.00000739. While this may not seem significant, it could imply that Shiba Inu’s recent crash has come to an end.
As well as Shibarium, Shiba Inu NFT projects such as Shiboshis, are also gaining traction. The project has seen a 77% increase in sales, suggesting that the Shiba Inu ecosystem is growing. Should this growth continue, Shiba Inu could be the project to kick start the return of memecoins.
Are Investors Choosing Pomerdoge (POMD) Over SHIB and Doge?
Although Shiba Inu and Dogecoin are already established, investors are now choosing this exciting new altcoin over both. Pomerdoge (POMD) is a new project currently in its presale. It looks to offer a new play-to-earn gaming ecosystem that utilizes the hype around memecoins to create lucrative gameplay.
Gamers playing Pomerdoge will start by claiming their own avatar. Each avatar is completely unique and can be customized using in-game rewards. These rewards are earned during gameplay, and can also be sold at the Pomerplace, an in-game marketplace.
To give investors peace of mind, prior to its presale, Pomerdoge was audited by Interfi network to guarantee investor safety. Furthermore, POMD token liquidity will be locked forever to limit risk.
The Pomerdoge presale is soaring, with tokens currently selling at $0.0165, though experts believe the project could increase by 4,000% before its presale is completed.
To add an extra level of excitement during its presale, investors will have the chance to win from a prize pool of $150,000 every month. Investors can win up to $50,000 in a single draw, which distinguishes the Pomerdoge presale from others in the market.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Source: https://www.analyticsinsight.net/making-meme-coins-great-again-shiba-inu-dogecoin-pomerdoge/