Crypto Whales Leave Cosmos and Axie Infinity for Pomerdoge
Given the bearish price movements of Cosmos (ATOM) and Axie Infinity (AXS), crypto whales are moving to new projects like Pomerdoge which is on a bullish price trajectory.
Given the bearish price movements of Cosmos (ATOM) and Axie Infinity (AXS), crypto whales are moving to new projects like Pomerdoge which is on a bullish price trajectory. Pomerdoge (POMD) is a project that aims to launch a platform that combines memecoin and a P2E markets.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Can Cosmos (ATOM) Soar in September?
During the middle of July, the price of Cosmos crypto made an attempt to breach the $10.00 resistance level. However, the token met with rejection and reverted back down. Unfortunately, continuous selling pressure has eroded the coin's previous gains.
As a result of the recent crypto market decline, the Cosmos coin dropped below the $7 support level for the first time since June 2022. As a result, the ATOM price is trading below the 50-day and 200-day EMA.
This signifies that Cosmos' long-term trend is moving in a downward direction. As a result, the Cosmos price prediction is bearish as long as it trades below the $8.00 level. However, analysts are predicting a temporary pullback in September.
Can Axie Infinity (AXS) Escape the Narrow Range?
Over the last three months, the Axie Infinity price has remained trapped within a narrow range, fluctuating between $4.60 and $7.00. Notably, potential buyers seem hesitant to establish new long positions until there is a decisive breakout beyond the upper range.
In earlier attempts, bullish investors made multiple efforts to breach the $7.00 barrier, only to face rejection, contributed by a lack of activity in the Axie Infinity marketplace. This shows the significant presence of robust sellers within the supply zone
The Axie Infinity token has settled around the $4.65 level. Axie Infinity's price is trading below all the moving averages – the 50-day EMA, 100-day EMA, and the 200-day EMA. Additionally, the RSI value is at 28.27, which indicates that the Axie Infinity market is in a oversold position. The RSI indicator suggests that the price of Axie Infinity will decrease.
Pomerdoge (POMD) To Launch a Collection of 7,777 NFTs for POMD Holders
Amidst the price struggles encountered by Cosmos and Axie Infinity, investors have moved to a more appealing alternative: Pomerdoge (POMD). Pomerdoge stands out as an innovative P2E game protocol with a primary focus on fostering healthy competition among its players.
The team is developing a gaming ecosystem that will include a game (Pomergame), a battle arena and marketplace (Pomerplace), and NFTs. Notably, early investors will receive a share of the platform's revenue depending on their investments.
Looking ahead, analysts foresee Pomerdoge emerging as a formidable contender in the cryptocurrency landscape. They argued that Pomerdoge can rival established names like Dogecoin due to its utility. Pomerdoge holders enjoy discounts, rewards, access to exclusive NFTs, and passive income.
In terms of security, Pomerdoge has undergone thorough audits by SolidProof and Cyberscope, affirming its status as a secure investment opportunity. Presently, Pomerdoge is up for sale at just $0.01, an attractive investment opportunity for investors. Besides, analysts have predicted a potential 17x surge in value in the coming months.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Delegate Your Voting Power to FEED DRep in Cardano Governance.
DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!
