Recent price movements of popular tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have left traders anxious. As the crypto landscape constantly evolves, it’s crucial to analyze the trends of these coins, especially when compared to the steady rise of Pomerdoge (POMD).
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Dogecoin (DOGE): Under Bearish Pressure
Due to its meme influence, Dogecoin (DOGE) has gained significant attention and a loyal community. However, recent weeks have seen the Dogecoin value experience fluctuations, causing concerns among its holders. To clarify, Dogecoin saw a 10.8% price drop in the past week alone.
Currently, all the metrics show a significant level of disinterest from traders concerning Dogecoin. Instead, they are focused on Shiba Inu, thanks to its Shibarium launch.
Currently, the Dogecoin price sits at $0.06739 with a market cap of $9.4B, down 4% overnight. Furthermore, its trading volume decreased by 1.94% in that same period, sinking to $426,317,860. Due to all these red charts, many experts foresee a short-term drop for Dogecoin to $0.060. An Elon Musk tweet could cause a rise once more, but only time will tell.
Shiba Inu (SHIB): Still in the Red
Like Dogecoin, Shiba Inu (SHIB) has experienced price drops, leading many to wonder if the Shibarium frenzy has disappeared. To put it differently, the Shiba Inu coin lost 9.7% of its value on the weekly charts.
In recent Shiba Inu news, Shibarium had a turbulent launch due to technical difficulties that forced its mainnet RPC to go offline. Afterward, the Shiba Inu price plummeted by 9% and has been unable to recover. Shiba Inu trades hands at $0.000008874 with a market cap of $5.2B, falling 9.20% in the past 24 hours.
Most importantly, all Shiba Inu moving averages display strong sell signals. Therefore, market analysts remain bearish for the token, predicting a fall to $0.00000880 soon. But, a reversal would appear if people get more accustomed to Shibarium soon.
Pomerdoge (POMD): A Consistent Bullish Surge
Amidst the uncertain performance of DOGE and SHIB, Pomerdoge (POMD) has been striving with a 14% presale price increase. This consistent bullish trend has caught the attention of traders.
The Pomergame P2E Experience
At the heart of Pomerdoge lies its Play-to-Earn (P2E) gaming experience named Pomergame. Here, you dive into an immersive virtual world where they can elevate their characters to elite levels. As you progress through the game, you will earn POMD native tokens by completing quests or other activities.
Not only that, Pomerdoge also offers a collection of 7,777 unique NFTs. Each NFT comes with its benefits, waiting to be discovered closer to the launch date. However, only POMD token holders will gain access to them.
POMD Token: The Backbone of the Ecosystem
Central to the Pomerdoge experience is the POMD token. This in-game currency fuels the gameplay and transactions within the ecosystem and grants access to the NFT collection and unique items on the marketplace.
Currently, one POMD token costs only $0.008 as it is in Phase One of its presale. But, demand is high as users are flooding the presale to participate in weekly giveaways totaling $150,000. Thus, experts foresee a 20x surge for POMD before its presale concludes. With excellent fundamentals, Pomerdoge could become a future blue-chip token.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
The post Dogecoin (DOGE) And Shiba Inu (SHIB) Price Performance, Is A Reversal Possible? Pomerdoge (POMD) Bullish Trend Continues appeared first on Analytics Insight.
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