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08/13/2023

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Compound and Conflux Dip as Pomerdoge Sells Out Millions of Tokens

Compound (COMP) and Conflux (CFX) have seen a massive decrease in their value based on the weekly charts. Moreover, investors have begun to diversify. One of the most active projects with its presale has been Pomerdoge (POMD), as it's already sold over 70M tokens. We will go over the on-chart performance of all three altcoins to see why this has been the case.

Compound and Conflux Dip as Pomerdoge Sells Out Millions of Tokens

Compound (COMP) and Conflux (CFX) have seen a massive decrease in their value based on the weekly charts. Moreover, investors have begun to diversify. One of the most active projects with its presale has been Pomerdoge (POMD), as it's already sold over 70M tokens. We will go over the on-chart performance of all three altcoins to see why this has been the case.

Summary

  • Compound crypto dipped by 22.8% in the past two weeks
  • Conflux crypto down 6% on weekly chart
  • Pomerdoge sells out millions of tokens and can surge by 4,000%

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Conflux (CFX) Enters Downward Trend

Conflux (CFX) has performed similarly, but its price dip was not as drastic. As of August 10, 2023, Conflux trades at a value of $0.179071. During the past week, its low point was at $0.173294, while its high point was at $0.191809.

Moreover, Conflux has a market cap of $376,015,729 and a 24-hour trading volume of $28,533,275. During the past week, the Conflux crypto declined in value by 6%. It now needs to break past the $0.20 threshold in order to reach new gains. 

But not all is lost, as analysts believe it can still grow in value. According to the Conflux price prediction, it can reach $0.23 by the end of the year. 

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Compound (COMP) Dips in Value

The Compound (COMP) cryptocurrency traded at a value of $56.11 on August 10, 2023. During the past week, it saw its low point at $53.29, with its high point at $60.70. In addition, the cryptocurrency has a market cap of $384,732,127, with a trading volume of $55,728,722.

Moreover, in the past 30 days, the Compound crypto dipped by 13.3%, and in the last two weeks, it's been down by 22.8%. This rapid red-zone entry has left many to speculate if it will grow in the future. 

According to analysts, the Compound price prediction puts it at $72.68 by the end of the year. But this growth will only happen if it breaks past the current $61 price barrier.

Pomerdoge (POMD) Sells Out Millions of Tokens

While Compound and Conflux have been falling, another cryptocurrency has been dominating the charts. Pomerdoge (POMD) has managed to surpass other altcoins in terms of growth, as it's already sold over 70M tokens. 

In fact, according to the on-chart data, 73,805,578 POMD tokens have already been sold at a presale price of $0.008. During the first stage, there are a total of 285,000,000 tokens available, and afterward, its price will increase.

What helped Pomerdoge gain this momentum is the fact that it's changing how meme-coins are perceived through innovation. It features a vast ecosystem that has numerous elements and has been audited and verified as 100% secure by SOLIDProof and Cyberscope. 

First, there's the Pomergame.This is a Play-to-Earn (P2E) game where players can earn rewards and can get paid for their time spent playing it. In addition, they can build their character to Elite level and, afterward, be able to build their own custom items. In addition, once they reach Gold Status, they are able to access the Pomerplace.

The Pomerplace is the dedicated marketplace in which anyone can begin buying, selling, or trading any valuables collected in-game. It also features a dedicated arena in which players can compete. 

Then there's the 7,777 NFT collection. Here, any holder of POMD is able to purchase each NFT for 0.2 ETH. All of these elements provide a high level of utility for POMD and enable it to be more than just another meme coin. As a result, analysts are also bullish on Pomerdoge's future and predict that a 4,000% climb is coming at launch.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/ 

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

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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