The SEC has predictably delayed all Bitcoin Spot ETF decisions, and major altcoins like Pepe (PEPE) and Cardano (ADA) have already retraced all their gains made following the result of the SEC versus Graysclae court case.
A deeper dive shows that all action is taking place on-chain, and Pomerdoge (POMD), a new P2E crypto, has recently passed $2 million raised in its presale. Set to be the best investment of 2023. But why is this new memecoin/ GameFi project flying?
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pomerdoge (POMD) The Future of Socializing
Pomerdoge is bringing crypto aficionados together and letting them earn while they network and connect. The headline feature, Pomergame, is an exciting P2E game where users get paid for playing. They earn the native token $POMD for exploring, and when they reach gold status, gain the ability to begin selling collected items and skins in Pomerplace.
Pomerpalce, as well as a marketplace, is an arena where users battle against one another in PVP style. NFTs will play a crucial role in the protocol, and the 7,777 collection will only be available for those holding $POMD.
But why is $POMD an incredible investment? It has no buy-and-sell taxes, and investors participating in the presale join the project at its earliest stage. Consider the three billion people who play video games worldwide. If Pomerdoge onboards only 5% of these users, it would have 150 million users and quickly soar past Dogecoin and Pepe.
Analysts expect $POMD to 15X before the end of the presale and pointed to the potential for the token to 100X when it launches on centralized exchanges.
Pepe (PEPE) Developers Dump Token?
Pepe shot to stardom during memecoin mania earlier this year and became the third contender in the famous memecoin races. However, Pepe has been losing value following developers sending $16 million of $PEPE to exchanges- likely to sell.
The developers behind Pepe changed the number of signatures required to move funds from the wallet and then moved millions of dollars worth of Pepe to centralized exchanges.
Analysts predict a lukewarm performance in 2024, forecasting a range between $0.00000137 and $0.00000149. They stated it was difficult to be bullish on a token that developers are selling.
Cardano (ADA) Price Prediction
Cardano recently pumped on the Grayscale news but has retraced, like all other leading altcoins. This Proof of Stake layer one blockchain offers a more scalable and environmentally friendly alternative to Ethereum. However, investors in Cardano ask themselves an existential question. With the rapid rise of layer twos and data availability solutions from EigenLayer, does crypto still need alternative layer ones?
Analysts remain optimistic about Cardano, citing a predicted range between $0.50 and $0.58 in 2024, but clearly stated that they did not believe that $ADA will return to its prior all-time high.
Cardano represents some of the best blockchain infrastructure from a technical perspective. But the ability for teams to create customizable layer twos thanks to the modular frameworks provided by teams like Optimism means that the need and, therefore, demand for alternative layer one is rapidly evaporating. Hence, investors are going all in on projects like Pomerdoge.
Find out more about the Pomerdoge (POMD) Presale Today
Telegram Community: https://t.me/pomerdoge
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