The crypto market is buzzing with various developments, with Shiba Inu (SHIB), Solana (SOL), and Pomerdoge (POMD) making headlines. Within the Shiba Inu ecosystem, it experienced a surge in trading volume, while Solana showed resilience despite FTX liquidation news. On the other hand, Pomerdoge nears an astounding presale milestone of $5 million.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Shiba Inu (SHIB): Surge in Trading Volume
Shiba Inu (SHIB) is one of the most popular memecoins in the meme ecosystem. In fact, it is the second, trailing only Dogecoin (DOGE). Further, with the launch of Shibarium, a layer-2 blockchain platform, Shiba Inu now has tangible utility.
Lately, it has been experiencing a flurry of activity, resulting in a spike in its trading volume. The launch of the Shibarium is likened to this activity, including its growing accumulation.
Notably, this development coincides with an uptick in the price of Shiba Inu. While the surge isn’t significant yet, it remains to be seen how it will react to the market in the coming days.
Solana (SOL): Rally Despite FTX Liquidation News
Solana (SOL) is a blockchain designed to enable the creation of decentralized applications (dApps). Its consensus mechanism, which includes a proof-of-history (PoH) combined with a proof-of-stake (PoS), aids with scalability. This has seen it become one of the favorite go-tos for decentralized finance (DeFi) solutions.
Despite FTX’s liquidation news—$3.4 billion in assets—with Solana making up over $1 billion, it has shown resilience. In the face of bearish sentiments, it has gathered momentum and registered an uptrend.
Its current market performance can be attributed to the robustness of the Solana ecosystem. Nevertheless, it is uncertain how long this momentum can be maintained and how significant Solana’s downturn or price correction will be.
Pomerdoge (POMD): Road to $5 Million in Fundraising
Pomerdoge, a rising star in the crypto scene, is on the verge of achieving an astounding milestone in its fundraising journey. At the time of writing, $4.9 million has been raised in presale, which is a little shy of the $5 million mark. With the presale witnessing an influx of investors, it is only a matter of days before this remarkable feat is achieved.
Several factors contribute to the surge in Pomerdoge’s presale participation, revolving around its unique blend of memecoin appeal and play-to-earn (P2E) elements. Aiming to displace popular memetokens like Shiba Inu and also become a top P2E crypto, it has captured the attention of investors.
Besides its memetic appeal, which aims to gather a dedicated community of meme enthusiasts, its ecosystem will host a thrilling P2E game – Pomergame. Its new and exciting game will connect players from around the world. Besides interaction, players will enjoy a fun and competitive game while earning rewards and tokens.
In addition to its game, the ecosystem will host a marketplace and an NFT collection. The marketplace will allow players to trade items and valuables collected in-game. On the other hand, the NFT collection will host 7,777 digital collectibles exclusive to token holders.
The POMD presale is ongoing and selling out fast. The current price is $0.0165, and according to analysts’ forecasts, it will rally by 20x post-launch. Considering its tangible utility and immense growth potential, the potential is huge.
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-shib-and-solana-sol-hold-steady-pomerdoge-pomd-nears-5-million-milestone/