Cardano (ADA) Breaks Past $0.30 Price Barrier, How Soon Can It Hit $1? Analysts Are Forecasting a 17x Pump for Pomerdoge

Cardano (ADA), a blockchain platform celebrated for its research and innovation, has breached the $0.30 price barrier. With the current upward momentum, analysts are forecasting when ADA can trade as high as $1. Also in bullish territory, Pomerdoge (POMD) has caught the attention of many investors. Analysts are predicting the price of the meme coin could pump by 17x this year. 

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Cardano Cracks $0.3 Support, When Will ADA Hit $1?

Defying the weak performance of the crypto market, Cardano (ADA) has been rallying, inching higher over the last three days. As a result, Cardano has managed to break the $0.3 resistance, flipping it to a support level.

Amidst the bullish performance of Cardano, Chaikin Money Flow has reported significant capital inflows into ADA’s market. While ADA could rally even more in the short term, investors are curious to know when Cardano would trade as high as $1. The last time ADA traded at $1 was in April 2022.

According to the price prediction from CoinDCX, the price of Cardano would rally by more than 100% this year, closing the year as high as $0.65. However, the projection states that Cardano would reclaim $1 only by the first quarter of 2024.

With the growing decentralized finance (DeFi) ecosystem of Cardano, analysts at TheNewsCrypto concur with the predictions. However, they project that in a full-blown bull market in 2023, the price of ADA could trade as high as $1.

Analysts Forecast a 17x Pump for Pomerdoge (POMD)

Pomerdoge (POMD) is another altcoin that has attracted strong bullish predictions from crypto analysts. Pioneering a revolutionary, new field in blockchain play-to-earn (P2E), crypto analysts have forecasted up to a 17x price pump for Pomerdoge in 2023.

Now trading at $0.008 per token, a rally of this magnitude will see the token trade as high as $0.136 before the end of the year. With a bull run hanging over the project, many crypto investors are using this as an opportunity to stack POMD tokens. Pomerdoge has managed to raise this much appeal as the first project to bridge the meme coin space with blockchain P2E.

In the Pomerdoge game, players will be able to build custom avatars. These avatars are inspired by characters from meme coins, making for exciting gameplay. Another interesting feature of Pomerdoge is the social infrastructure of the project. Unlike traditional games where players only compete, Pomerdoge aims to connect players from across the globe.

Pomerdoge also offers more rewards than the average P2E game, with weekly contests where users can win up to $50,000 in POMD tokens. SOLIDProof and Cyberscope successfully audited the token, instilling confidence in investors and clearing the road for its eagerly anticipated launch.

Find out more about the Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge