Within the fascinating and dynamic world of crypto, investor shifts become apparent as they favor Pomerdoge (POMD) over established players Polygon (MATIC) and ApeCoin (APE). The cause of this shift can be attributed primarily to the sluggish movements of ApeCoin and Polygon and the explosive growth potential of Pomerdoge. In this article, we will explore the factors responsible for this market shakeup and delve into Pomerdoge’s surging popularity.
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Polygon (MATIC): Sluggish Price Movement
Polygon (MATIC) is an easy-to-use platform for Ethereum scaling. It is known for its ability to provide scalable solutions for the Ethereum network and enhance its capabilities. As a result, Polygon has become a popular layer-2 platform in the blockchain ecosystem.
Despite its relevance and potential, recent price movements have raised questions among investors. This includes its sustainability and viability for both the near and long term. Meanwhile, the factors responsible for Polygon’s sluggish move have been attributed to market concerns, yet some tokens are in uptrends.
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Nevertheless, market experts predict Polygon will ride the next bullish wave. But for now, alternative investments with higher profit potential have been opted for.
ApeCoin (APE): An NFT-Inspired Token in Decline
ApeCoin (APE) is the governance and utility token within the APE ecosystem. In other words, buying the token makes one eligible to become a member of the ApeCoin decentralized autonomous organization (DAO). The birth of this token can be attributed to the success of the Bored Ape Yacht Club (BAYC), a highly popular NFT collection.
The above makes ApeCoin an important player in the NFT scene as well as gaming. However, despite this, its bearish movement in recent times has led to an investor shift. This can be attributed to broader market concerns and investors’ search for more returns.
Although ApeCoin might rally in the future, investors are not holding their breath as they are considering other promising investments.
Pomerdoge (POMD): An Exciting Investment Opportunity
Amidst the indifferent and bearish movements of Polygon and ApeCoin, Pomerdoge (POMD) has managed to capture the spotlight. Its unique innovation and incredible growth potential have contributed to its surging popularity. Unsurprisingly, more than $1.7 million has been raised in its presale, which is proof of the confidence in its vision and offering.
Price Increasing!!
We are now over 75% sold out of Stage One and its looking extremely likely that the first stage will sell out early! THE PRICE WILL INCREASE TO $0.014 ON FRIDAY THE 8th of September At 19:00 UTC
You can sign in to your account at anytime via… pic.twitter.com/rvdthjcACy
— Pomerdoge (@pomerdoge) September 4, 2023
Pomerdoge aims to bridge the gap between blockchain and gaming with its thrilling play-to-earn (P2E) game. This game stands out for its networking capacity, in addition to being fun and competitive. Players will be able to connect with others around the world and earn rewards while playing.
Furthermore, there will also be a marketplace where players can buy, sell, and trade items and other valuables collected while playing the game. In addition to Pomerdoge being a P2E platform, it also features elements of NFT. Its NFT collection contains 7,777 unique digital collectibles that are available only to presale investors and come with several benefits.
Notably, the token also combines elements of meme thanks to its lightheartedness and significant growth potential. As a result, market experts predict the POMD token will soar by 50x from its current price of $0.01 before the end of the year. In light of all that has been discussed about this token, it is one not to miss out on.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/09/05/pomerdoge-pomd-surging-popularity-amidst-sluggish-moves-by-polygon-matic-and-apecoin-ape/?utm_source=rss&utm_medium=rss&utm_campaign=pomerdoge-pomd-surging-popularity-amidst-sluggish-moves-by-polygon-matic-and-apecoin-ape