Recent tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) have seen extreme price fluctuations, causing traders to become anxious. In comparison, Pomerdoge (POMD) has seen steady growth, making it a focus of attention. To understand these trends, let’s take a closer look at the three tokens.
Dogecoin (DOGE): Under Bearish Pressure
Dogecoin has gained a lot of popularity because of its meme influence. Yet, in the past week it has seen a 10.8% decrease in its value, causing worry among its holders. The metrics show a lack of interest in Dogecoin, with traders instead being focused on Shiba Inu and its Shibarium launch. Currently, the price of Dogecoin stands at $0.06739 with a market cap of $9.4B, going down 4% overnight. Its trading volume has also decreased by 1.94%, making it $426,317,860. Many experts predict a short-term drop for Dogecoin to $0.060, but an Elon Musk tweet could change this.
Shiba Inu (SHIB): Still in the Red
Shiba Inu has experienced a price decrease of 9.7% over the week, making people wonder if the hype over Shibarium has cooled off. However, this could be attributed to technical difficulties which caused the mainnet RPC to go offline, leading to a 9% drop in the price. Shiba Inu is currently trading at $0.000008874 with a market cap of $5.2B, going down 9.20% in the past 24 hours. All moving averages display a strong sell signal, so analysts remain bearish on the token, predicting a fall to $0.00000880.
Pomerdoge (POMD): A Consistent Bullish Surge
In contrast to DOGE and SHIB, Pomerdoge has seen a 14% presale price increase, which is attracting the attention of traders. At the core of Pomerdoge is the Play-to-Earn (P2E) gaming experience Pomergame. Through this, users can progress through a virtual world and earn POMD native tokens. There is also a collection of 7,777 NFTs, which POMD token holders will gain access to. The POMD token is the backbone of the ecosystem, powering transactions and granting access to the marketplace. It is currently in Phase One of its presale, with one POMD token costing only $0.008. Demand is high as users are flooding the presale to participate in weekly giveaways totaling $150,000. Experts anticipate a 20x surge for POMD before the presale ends.
To find out more about the Pomerdoge (POMD) presale, visit https://pomerdoge.com/ or join their Telegram Community at https://t.me/pomerdoge.
