Although the cryptocurrency market is showing mixed trading, meme coins are leading the bullish charge today. Dogecoin and Shiba Inu are experiencing notable gains, partially driven by a significant milestone in the world of Shibarium. Additionally, Pomerdoge is attracting attention as it positions itself for a potentially substantial price rally.
Dogecoin (DOGE) Price Enters Turns Bullish, Ready for Big Move
While the broader crypto market is in consolidation, the Dogecoin price has been flashing bullish signals. Despite other crypto assets trading sideways, the price of Dogecoin has increased by 1.2% to recover its $0.06200 support level.
Crypto experts have predicted that the number one meme coin could be preparing for a major price outbreak. Recent on-chain data backs this prediction as there has been a surge in the number of whales purchasing Dogecoin.
In addition, Elon Musk has announced his intention to turn X (formerly Twitter) into PayPal 2.0. With this reveal, crypto experts have predicted that Dogecoin could find a use case there, further raising the optimism of the token.
Shiba Inu (SHIB) Price Rises As Shibariun Reaches New Milestone
Shibarium – the layer 2 network of Shiba Inu – has been one of the most talked-about projects in the crypto space. Following its launch on August 16, Shabarium faced several network issues forcing it to be shut down and causing a sell-off for the Shiba Inu coin.
Shytoshi Kusama, recently announced that the Shibarium bridge was fixed with the help of Sandeep Nailwal, the co-founder of Polygon Labs. Kusama also noted that the number of new wallets registered on the layer 2 network has reached 100,000.
The relaunch and recent announcement have sparked bullish sentiment for the price of Shiba Inu. The Shiba Inu price is now on an uptrend, recovering above the $0.00000800 resistance. If this momentum continues, the price of SHIB could recover above the $0.0000100 mark soon.
Pomerdoge (POMD) Price to Pump 17x in 2023
Pomerdoge (POMD) is a new project launching in the exciting, fast-growing P2E gaming sector projected to reach $67 billion in the next four years. This new P2E ecosystem aims to build in the blockchain sector with immense potential to overtake meme coins like Dogecoin and Shiba Inu.
Pomerdoge is developing a unique play-to-earn (P2E) cryptocurrency game that will link gamers all over the world. The ecosystem will feature a game with an immersive gaming experience and rewards that top the industry.
The Pomerplace, an NFT marketplace, will also be part of the ecosystem. Gamers may easily purchase, sell, and trade their Pomerdoge avatars here. SolidProof and Cyberscope audited the project successfully to assure dependability and security.
Offering more utility than traditional meme coins, but with the same level of excitement, the price of Pomerdoge has been projected to jump by up to 17x this year. Investors have a great opportunity to stack POMD tokens as it currently trades at $0.01 per token.