Amid the volatility of the crypto market, a new project, Pomerdoge, has brought some stability for investors. According to experts, it can outrun Floki Inu (FLOKI) and Dogecoin (DOGE) in growth. Therefore, investors have rushed toward this project to lock their presale tokens.
Floki Inu (FLOKI) Fares Poorly In Social Metrics
As the overall market conditions are bearish, Floki Inu (FLOKI) has struggled to keep the bears away from its doors. The trading price of Floki Inu (FLOKI) has taken a dip of more than 15% in the past month.
Subsequently, Floki Inu’s (FLOKI) current trading price has come down to $0.00001852. Rising bearish sentiments around Floki Inu have been the primary reason behind the worsening of FLOKI’s price movement.
Moreover, LunarCrush’s data has revealed that bearish sentiments for Floki Inu (FLOKI) have intensified by 29% in the past week. Meanwhile, bullish sentiments around Floki Inu (FLOKI) have weakened by 14%.
A Dogecoin (DOGE) Investor’s $3 Million Holding Plunged To $50,000
A recent revelation by a Dogecoin investor has shaken existing DOGE holders, and those looking to invest in the meme coin. The Dogecoin investor, named Glauber Contessoto, went all in and purchased DOGE tokens worth $250,000 in 2020.
Notably, at one point in 2021, the value of his Dogecoin (DOGE) holding reached $3 million. Interestingly, Contessoto refused to cash out his Dogecoin (DOGE) tokens for profits back then. But now Dogecoin (DOGE) is 91% below its all-time high of $0.74, and the value of Contessoto’s holding has fallen to a mere $50,000.
This real-life example of the risk associated with the volatility of Dogecoin has made many investors apprehensive about DOGE. At present, a Dogecoin (DOGE) token is changing hands at $0.0639.
Pomerdoge (POMD) Presale Moves Higher On Growth Charts
The market demand for P2E (play-to-earn) games is increasing at a fast pace. With the current pace, the industry’s valuation is likely to reach $8,857 million in the next five years. Utilizing this growing trend, Pomerdoge has unveiled a new P2E (play-to-earn) game with unique features.
The platform will soon launch Pomergame, a new P2E game. It has a wide range of features, and aims to offer opportunities for playing and earning at the same time. Pomergame will enable gamers to build their avatars, and level them up with customized in-game items like skins. Besides, having a gold-status Pomer will allow them to sell, buy, or trade their in-game assets with other members.
Additionally, Pomerdoge will launch Pomerplace, the platform’s marketplace wherein players can buy or sell in-game assets. It will also be the battle arena where players will compete against each other to earn money and collect rewards.
POMD is the native crypto of the ecosystem, and its holders will receive multiple benefits. The token holders will get exclusive access to a unique collection of 7,777 non-fungible tokens (NFTs). Nonetheless, they can also stake their tokens to earn additional rewards.
The presale round of Pomerdoge has started, and is currently in stage 1. To date, it has raised more than $1.4 million. The market value of a POMD token has surged to $0.009 from $0.007 during the initial days of its launch. According to pundits, Pomerdoge’s price can surge by 1,700% before the culmination of the presale.