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Extra Litecoin and Polkadot buyers are exploring Pomerdoge. Notable, the broader crypto neighborhood and meme coin fans have picked out Pomerdoge within the ongoing presale.
The Pomerdoge undertaking
Pomerdoge goals to mix non-fungible tokens (NFTs), a play-to-earn (P2E) gaming platform, and a meme token; an method already drawing curiosity from buyers and customers.
![Litecoin and Polkadot holders exploring the Pomerdoge presale - 1](https://crypto.news/app/uploads/2023/08/Screenshot373.png)
Central to Pomerdoge’s universe is its P2E recreation, the place international gamers can compete and even earn rewards. The platform goals to fuse leisure and, presumably, monetary alternatives as gamers interact.
Pomerdoge creators are additionally growing Pomerplace, a market for in-game property. Right here, gamers can transact and change NFTs.
POMD, the platform’s native token, primes the Pomerdoge ecosystem. The token presents real-world utility and holders can obtain rewards from staking.
Within the ongoing Pomerdoge presale, POMD is accessible for $0.007 however is ready to extend in subsequent phases.
Monetary consultants and crypto analysts are drawing parallels between Pomerdoge and Dogecoin. Anchoring the efficiency of Dogecoin’s development within the final bull cycle, POMD supporters predict POMD to achieve $1.00 by 2024.
Litecoin fails to rally after halving
In Q2 2023, LTC costs rose from $69 to round $115 in simply two weeks. Analysts pinned the upswing on the anticipated Litecoin halving occasion. Traditionally, halving occasions are inclined to assist costs.
But, the LTC rally pre and post-halving was short-lived for the reason that coin fell under $100 to round $86.52 when writing, contracting earlier value patterns that print after halving.
For that reason, some analysts are satisfied Litecoin’s recognition is lowering. It’s a preview that has seen some LTC holders discover new alternatives, diversifying their crypto portfolios.
LTC holders are concurrently analyzing the Pomerdoge undertaking and analyzing its token’s real-world utility.
Amid this, POMD holders are satisfied that there’s nonetheless potential for additional upsides within the upcoming days.
Polkadot evaluation: DOT declines, shift to Pomerdoge?
DOT is down 90% from 2021 peaks, falling from $55 in November 2021 to round $5.03 when writing with assist at $4.30.
Investor sentiment can also be bearish. The latest drop under $6 highlights the low confidence amongst supporters.
Polkadot bulls are taking a look at $4.30 as important assist. Though some would possibly purchase the dip, there’s no assure that DOT will rally sooner or later. That is particularly contemplating crumbling adoption–down 14% prior to now week.
Whereas Polkadot trails different layer-1 platforms, buyers are starting to take discover of Pomerdoge’s presale because the undertaking’s purpose of dominating the meme token market.
Some analysts see the POMD presale as an opportunity for savvy buyers to broaden their base, diversifying from DOT.
Discover out extra in regards to the Pomerdoge (POMD) presale:
Web site: https://pomerdoge.com/
Telegram Group: https://t.me/pomerdoge
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