Solana (SOL) Price Plunges on the Daily Chart
Solana (SOL) and Tron (TRON), two popular investment options, show losses on the price chart. As a result, investors are now turning their attention to Pomerdoge, a relatively new token. According to analysts, Pomerdoge has a bullish price potential and could see a 17x price surge.
Solana (SOL) value is presently consolidating near the $25 mark, having lost gains today. Nevertheless, over the last seven days, it has skyrocketed by 3.35%. This consolidation could indicate a bullish storm on the horizon, with bulls entering the market.
If Solana surpasses $26, it will instill more buying confidence in the market. Besides, Solana Bulls can push the price to test the $30 crucial resistance.
However, the bears could put up a strong fight at that level. In that case, a decline below $22 will bring the consolidation toward $18 to $20. Meanwhile, SOL is $24.29 today. This represents a 2.10% decline in the last day and a 3.35% price increase in the past week.
Tron (TRX) Drops 4% Despite 50% Increase in Trading Volume
Tron (TRX) has had an encouraging year in 2023 despite the SEC lawsuit against Sun and the Tron Foundation. Notably, the coin recovered, breaking past the $0.08 mark on June 2nd, boosted by the excitement around Tron’s link to Ethereum.
However, Tron’s price plunged on June 10th to $0.06527. This was after Crypto.com announced it was suspending its American institutional arm. Fortunately, Tron recovered and soared to $0.08056 on July 21st before moving 15% to $0.09317.
At the time of writing, Tron is trading at $0.077681, a 4.56% price decline in the last 24 hours. However, Tron’s trading volume has increased by 50.30% in the last 24 hours.
Pomerdoge (POMD): Analysts Predict 17x Price Surge
While Solana and Tron have lost price gains, investors are moving to Pomerdoge, a new token with great potential. Pomerdoge (POMD) is an innovative P2E game that aims to offer the best features and rewards to gamers.
Unlike other P2E gaming platforms, Pomerdoge prioritizes safety and user security. As a result, SOLIDPorof and Cyberscope have audited its platform. Meanwhile, Pomerdoge’s upcoming Pomergame will offer players access to character upgrades and customizable avatars.
Pomergame will also act as a battle arena where players can battle for rewards. POMD holders will gain exclusive access to a collection of 7,777 distinctive NFTs.
Notably, participants will receive a portion of the revenues and have opportunities to enter weekly $100,000 giveaways.
Analysts are bullish on Pomerdoge and project a 17x price surge in the coming week. POMD is currently available for purchase at just $0.007 per token.