Recovering from the recent market decline, cryptocurrencies are back with some interesting developments. Today, Shiba Inu (SHIB) is outperforming Dogecoin and most of the market. Meanwhile, THORChain (RUNE) has announced a new lending feature while Pomerdoge approaches a new presale record.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Shiba Inu (SHIB) Surpass Dogecoin, Shibarium Ready To Reopen
Since the launch of Shibarium last week, Shiba Inu (SHIB) has been one of the top-performing cryptos. Despite facing network technical issues and a faulty bridge at its launch, Shibarium has helped the Shiba Inu coin overtake Dogecoin.
In less than a week, more than 10 million new wallet addresses have been registered on the Shibarium network. In addition, the lead Shiba Inu developer, Shytoshi Kusama, has announced that “Shibarium is now enhanced, optimized” and ready to launch.
With the launch expected in the next few days, the price of Shiba Inu could continue its upward momentum. Now rallying in a bearish market, a successful reopening of Shibarium could push the Shiba Inu price above the $0.0000100 resistance level.
THORChain (RUNE) Ready To Introduce Lending
Before the recent market decline, THORChain coin (RUNE) was one of crypto’s biggest gainers, increasing by more than 70% in the first two weeks of August. This strong bullish performance of the THORChain crypto could continue with the introduction of lending.
Recently, the development team announced the introduction of lending. The lending feature will allow users to borrow assets from the protocol’s liquidity pools, using their own assets as collateral. However, node validators will need to vote for the max THORChain (RUNE) supply to be increased to 500 million.
If passed, crypto analysts predict that the THORChain price will continue its upward trajectory. Crypto analysts predict a rally toward the $2.0 resistance.
Pomerdoge (POMD) Set for Meteoric Rise Ahead of New Milestone
While most of the crypto market grapples with bearish pressure, Pomerdoge (POMD) looks set to hit a new milestone this week. Given its recent successful history in the market, the Pomerdoge presale is projected to reach a presale raise of $1.5 million this week. Crypto investors have been backing Pomerdoge as it is a new project with immense potential.
Pomerdoge (POMD) is an innovative P2E game that seeks to provide gamers with the best features and prizes. The core of the Poemerdoge ecosystem is the Pomergame, a next-gen game built with the latest infrastructure in blockchain gaming.
However, it stands out from the competition as the Pomergame will allow gamers to customize their avatars and characters that are inspired by meme coins. Pomergame will also serve as a battle arena where participants compete for rewards.
Every week, players will compete in events with an opportunity to win POMD prizes of up to $100,000. As the ecosystem grows in popularity, experts have predicted a meteoric rise for POMD. Now trading at $0.009 in presale, the token has been projected to rally to a 2023 high of $0.1.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Source: https://www.analyticsinsight.net/shiba-inu-outperforms-dogecoin-thorchain-to-launch-lending-and-pomerdoge-nears-new-presale-milestone/