Why Pomerdoge (POMD) Gains Momentum as Ripple (XRP) and Solana (SOL) Face Challenges
As the cryptocurrency market continues to evolve, the spotlight is on Pomerdoge, a project that has been generating significant attention during its presale phase. While experts predict a remarkable growth potential of 4,000% by the end of 2023, other cryptocurrencies like Ripple (XRP) and Solana (SOL) have encountered hurdles in maintaining their positive momentum.
- CoinGecko’s list of alleged securities did not include Ripple (XRP).
- Bitstamp has temporarily suspended trading activities involving Solana (SOL).
- Pomerdoge is emerging as a crypto leader with a potential growth of 40x.
Ripple (XRP) Absent from CoinGecko’s Securities List
The Ripple (XRP) community received a boost of confidence when CoinGecko, a prominent price-tracking platform, excluded Ripple (XRP) from its list of cryptocurrencies alleged to be securities by the US SEC. This omission was well received by David Schwartz, CTO of Ripple (XRP), and followed a recent favorable federal court ruling in the SEC vs. Ripple case.
Despite these positive developments, the price of Ripple (XRP) has faced downward pressure. Over the past seven days, its trading price has dropped by 8%, bringing it to its current value of $0.64.
Bitstamp’s Trading Halt on Solana (SOL)
Solana (SOL) has encountered a series of challenges, starting with network outages earlier in the year and a recent cyber attack on a decentralized exchange within the Solana network. The situation escalated as Bitstamp, a major exchange, temporarily suspended trading activities involving Solana (SOL).
This decision by Bitstamp is attributed to the evolving regulatory landscape, potentially impacting Solana (SOL)’s growth prospects. The current trading price of Solana (SOL) hovers at $24.60.
Pomerdoge (POMD) Revolutionizes the Crypto Gaming Industry
Stepping into the spotlight, Pomerdoge introduces a unique play-to-earn (P2E) meme coin that is reshaping the blockchain gaming sector. With its substantial growth potential, Pomerdoge has garnered significant attention within the crypto market. Market data indicates that the global play-to-earn (P2E) NFT Games market could experience a Compound Annual Growth Rate (CAGR) of over 21% by 2028.
Pomerdoge’s latest venture, Pomergame, is set to launch soon. This game will enable players from around the world to engage in battles, collect rewards, and customize in-game assets for their characters. Notably, players who achieve a gold status Pomer can trade or sell their in-game assets to other participants.
Pomerdoge is also unveiling a collection of 7,777 exclusive NFTs. These NFTs can only be purchased by POMD token holders, the native token of the platform built on the Ethereum blockchain. The presale of POMD tokens is divided into four stages, with the current phase reflecting a token purchase price of $0.007, presenting a potential market value increase of 1,700% during the presale.
Furthermore, Pomerdoge plans to distribute weekly giveaways, including a mega Pomer prize of $50,000 and weekly giveaways valued at $100,000. Transactions involving POMD tokens on the platform are exempt from buy or sell taxes.