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Thursday, September 28, 2023

Dogecoin (DOGE) Holds Steady; Traders Buy Into Shiba Inu (SHIB) And Pomerdoge (POMD)

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Elon Musk’s Recent Post Helps Dogecoin (DOGE)

Dogecoin (DOGE) has long relied on tech billionaire, Elon Musk, or his companies for its value appreciation. Recently, Musk shared a logo animation of its X, formerly called Twitter, which was created by a Dogecoin (DOGE) influencer, @DogeDesigner.

Soon after Musk’s tweet, people attached it to Dogecoin (DOGE). This gave a much-needed push to Dogecoin (DOGE), which had been going downward for the past many weeks. Subsequently, the price of Dogecoin (DOGE) has surged by 3% on the daily chart. Hence, the current trading price of Dogecoin (DOGE) has increased to $0.0639.

Shiba Inu (SHIB) Goes Higher On Social Charts

Despite the launch of Shiba Inu’s (SHIB) Shibarium mainnet did not occur properly in the first attempt, the event has been well supported by the crypto world. Thus, Shiba Inu’s (SHIB) performance on the social chart has increased significantly.

LunarCrush’s latest data shows that Shiba Inu’s (SHIB) social dominance, and social engagements have increased by 30% and 45%, respectively. Besides, bullish sentiments around Shiba Inu (SHIB) have also surged, indicating buying pressure.

Subsequently, Shiba Inu (SHIB) has been able to move upward on the price chart. In the past 30 days, Shiba Inu’s (SHIB) price has increased by more than 9%. As a result, a Shiba Inu (SHIB) token is currently available to trade at $0.00000837.

Pomerdoge (POMD) Redefines Meme Coins Success

As for the blockchain gaming industry, a research report has revealed that its market size will reach $1,020.5 billion by 2032. Now, Pomerdoge has unveiled a novel business plan that will make the blockchain gaming industry more profitable and appealing. It is a P2E (play-to-earn) meme coin offering multiple use cases and high growth. You can measure its market acceptance by the fact that the project has raised more than $1.4 million within just two weeks of its presale launch.

Pomerdoge is set to introduce a new P2E (play-to-earn) ecosystem, which will comprise a collection of NFTs, Pomerplace, and Pomergame. The Pomergame will hit the market in Q4 2023 with multiple utilities. It will allow users to create avatars, and level them up to elite status through customized in-game items.

If they get a gold status Pomer, players will become eligible to sell their in-game assets at Pomerplace, and earn money. Pomerplace is a hybrid version of a battle arena and a marketplace. It will facilitate the trading of in-game assets, and allow players to go into battles against other members to collect rewards.

It has kick-started the presale of POMD tokens, and is currently in stage 1. The purchase price of a POMD token has already surged from $0.007 to $0.009. Moreover, it is likely to skyrocket by 17x within a few weeks. Besides, there is no sell or buy taxes on the tokens.

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